Program Manager, Affirm
Banking Partnerships
CA$78-118k
+ ESPP
POS installment loans
Job no longer available
POS installment loans
1001+ employees
Job no longer available
CA$78-118k
+ ESPP
1001+ employees
Company mission
To deliver honest and transparent financial products that improve users' lives.
Role
Who you are
- The successful candidate will have a comprehensive understanding of bank partner agreements and be capable of managing necessary workstreams to fulfill all obligations
- Bachelor's degree in business, finance, or related field
- Minimum 2-3 years of experience in a banking or financial services setting
- Manages external partner relationships and possesses a basic understanding of non-bank lending arrangements
- Possesses strong analytical skills and is adept at analyzing, tracking, and reporting on partner metrics and trends
- Demonstrated excellent communication skills, with a proven ability to cultivate robust working relationships with both internal and external stakeholders
- A demonstrated capacity for independent work and effective prioritization in a dynamic environment
- Proficiency in Microsoft Office suite, including Word, Excel, and PowerPoint
- Basic SQL knowledge and experience with S&P Capital IQ are preferred
What the job involves
- Affirm is seeking a driven Program Manager to join the Bank Partnerships team
- This role requires direct interaction with our bank partners, ensuring efficient and timely service for all internal and external stakeholders
- Develop and maintain strong working relationships with Affirm’s bank partners
- Demonstrate a thorough understanding of bank partner agreements to ensure all company obligations are fulfilled through effective workstream facilitation
- Deliver exceptional service to internal and external stakeholders by promptly addressing inquiries and needs
- Assist in preparation of quarterly reports on Affirm's bank partnerships for internal cross-functional stakeholders
- Track bank program budgets and expenses, ensuring that they are on plan or proactively flag necessary updates
- Ensure accurate calculation and recording of all fees by reconciling them with bank partners
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.
Boasting over 21M consumers and 337,000+ 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.
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