Senior Product Manager, Affirm
Card Foundations
CA$150-200k
POS installment loans
Job no longer available
POS installment loans
1001+ employees
Job no longer available
CA$150-200k
1001+ employees
Company mission
To deliver honest and transparent financial products that improve users' lives.
Role
Who you are
- Equivalent practical experience or a Bachelor’s degree in a related field
- Knowledge of the banking / card issuing ecosystem, including key players, products, funds flows, and economics
- Prior experience working on banking, card, or adjacent products
- Product experience working with or in accounting / ledger domains a plus
- Track record of experimenting and successfully launching at scale
- Outstanding written and verbal communication with a diverse stakeholder audience
- Very good at influencing leadership, cross-functional teams, and external partners
- Solid technical chops that allow you to have in depth technical discussions and opinions
- Excellent at identifying and prioritizing high impact initiatives
- Experience managing technical software products from kick-off to post-launch
- The ability to turn incomplete, conflicting, or ambiguous inputs into solid action plans
- Excellent at establishing cross-functional relationships, tapping into those relationships and driving alignment with key stakeholders to make progress
- You should be outcomes driven with a very high bias for action, and should be undaunted by leading a high-growth product domain with multiple dependencies, both internal and external
What the job involves
- As a Senior Product Manager on the Affirm Banking & Card Foundations team, you will play a pivotal role in shaping the future of consumer financial services and payments, with a specific focus on the seamless and trusted delivery of Affirm’s financial products through the card networks
- You will work closely with cross-functional teams, such as Engineering, Design, Analytics, Partnerships, and Marketing, as well as 3rd party banking, issuing, and processing partners, to define and build solutions that optimize, enhance, and scale both pay-in-full and financed payments through Affirm’s virtual and physical card products
- Develop and execute comprehensive product strategies for our card foundations and banking platforms
- Maximize the potential of Affirm’s existing physical and virtual product capabilities, and refine in-app, online, and in person Affirm Card user experiences
- Identify opportunities to improve our banking and card services network, enabling both larger and smaller scale projects
- Work closely with our banking, issuing, and processing partners to maintain healthy partnerships, unlock new product opportunities, and drive major initiatives
- Be a card and banking product expert. You are a trusted source on our card and banking platforms, with a deep understanding of the interplay between processors, issuing banks, and card network functions, including knowledge of various card constructs, economic structures, and, most importantly, how Affirm’s products fit and thrive within that ecosystem
- Deepen the team’s understanding of how various partners enable banking and card experiences on the platform and maintain a consistently great user experience across partnerships
- Partner closely with analytics, design, and user research to identify and surface the customer pain-points in user experience, and identify opportunities for improvements
- Drive a balanced roadmap that’s informed by data, competitive analysis, consumer insights, and your own discovery
- Oversee the entire product lifecycle from ideation to launch, ensuring alignment with key stakeholders, and overall business objectives
- Collaborate with design, engineering, and analytics teams to prioritize features and ensure timely delivery of product initiatives
- Build for scale. Lead and guide product direction for a cross-functional team of engineering, analytics, and platform partners. All with a platform mindset
- Interact effectively with senior leaders presenting insights and strategies that drive our company’s objectives
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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