Compliance Manager, Affirm
Financial Crimes
$124-190k
Salary is dependent on location
More information about location
Buy-now-pay-later card for online and in-store
Job no longer available
Buy-now-pay-later card for online and in-store
1001+ employees
Job no longer available
$124-190k
Salary is dependent on location
More information about location
1001+ employees
Company mission
To deliver honest and transparent financial products that improve users' lives.
Role
Who you are
- Bachelor’s degree in business, law, finance or a related discipline. Advanced degree is a plus
- Minimum of 6 years experience in BSA/AML roles. Sanctions, Anti-Bribery & Corruption or KYC experience preferred. Financial services experience is a plus
- Exceptional judgment, organizational and analytical skills and keen attention to detail, coupled with excellent verbal and written communication abilities
- Strong working knowledge of analytical tools, such as Snowflake, Excel, and visualization software (e.g. Looker, Tableau, etc.)
- Strong understanding of BSA/AML, Sanctions and Anti-Bribery & Corruption Program requirements
- Ability to collaborate cross-functionally with, and communicate complex regulations to, business partners
- Passion for technology, consumer finance, and improving consumer credit products
- Industry certifications preferred but not required (Relevant examples include CAMS, CGSS, CFE, etc.)
What the job involves
- We are seeking an innovative and adaptable Financial Crimes Manager/Lead. In this role, you will be responsible for helping build the Screening & Investigations functions
- This includes managing and working day-to-day in the following areas: Name Screening (Sanctions, PEPs, Adverse Media), Anti-Bribery & Corruption, Policy and Procedure enhancements, Financial Crimes Investigations and Enhanced Due Diligence
- Adhere to company policies/standards to determine if activities or transactions are non-compliant/potentially suspicious and action as appropriate
- Collaborate to create process improvements including root cause analysis, as needed, to enhance the compliance program
- Ability to work / investigate financial crimes related alerts in a fast-paced environment while maintaining high quality standards
- Manage the day-to-day Enhanced Due Diligence process for Financial Crimes
- Oversee reporting activities are timely completed and provided to both internal and external partners
- Undertake ad-hoc project work and Financial Crime program enhancements
- Advise the cross functional stakeholders on appropriate compliance topics
- Stay up to date on current industry standards and regulatory requirements
Our take
Affirm offers point-of-sale loans to consumers, working with merchants like Shopify, KAYAK, and Walmart. Buy now, pay later transactions have grown in popularity in recent years, and this business is tapping into the market with a totally different approach to credit - by delivering the Affirm card, the first US debit card with the option to pay-over-time.
Serving over 21 million consumers and over 300,000 merchants, the company offers flexible payback options ranging from 3 to 36 months. The interest rates run between 0% and 30%, so, while they are not necessarily the cheapest option, Affirm prides itself on having no fees for late payments, no hidden charges, and total transparency about what people will pay before they take out a loan.
Affirm collects payments from the customers and pays the merchants directly, shouldering the risk itself. The company has boosted its market share, expanding its availability beyond the US to include most of Canada, and continues to launch new features and create new partnerships towards bettering its offering.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
-11% employee growth in 12 months
Company
Funding (last 2 of 5 rounds)
Sep 2020
$500m
SERIES G
Apr 2019
$300m
SERIES F
Total funding: $1.1bn
Company benefits
- Compensation: We have a simple, flexible, and transparent remote-first compensation structure so you can make the best decisions for yourself and your family
- Spending Wallets: Access tech, food, lifestyle, and family planning wallets for your expenses
- Supportive Communities: Get involved with our employee resource groups and community groups
- Remote-first Workforce: If your role is remote, you can set up shop anywhere in your home country
- Generous Time Off: Take the time you need when life happens
- Health Benefits: Get a plan that fits your needs
- Mental Healthcare: Take care of your mind with great mental health programs
- Parental Leave: Birth and non-birth parents get 18 weeks’ paid leave. Plus, a 4-week return-to-work transition program, at full base pay
- Away Days: We offer 20 company-wide paid days off—which help our teams collectively pause to recharge
- Learning & Development: Engage in exciting learning programs to level up your growth
Company HQ
Chinatown, San Francisco, CA
Leadership
Max Levchin
(Co-Founder & CEO)Has founded/co-founded numerous companies, holding various executive positions at each, including Paypal, Slide, Glow, HVF Labs, and SciFi VC. Also worked at large brands including Google, Yelp, Yahoo, and Evernote.
Share this job
View 124 more jobs at Affirm