Treasury Analyst, Affirm
CA$71-91k
+ ESPP
POS installment loans
Be an early applicant
POS installment loans
1001+ employees
Be an early applicant
CA$71-91k
+ ESPP
1001+ employees
Company mission
To deliver honest and transparent financial products that improve users' lives.
Role
Who you are
- The ideal candidate will not only have the technical skills to support their recommendations, but also strong interpersonal skills to manage various stakeholders
- 2+ years of experience in Treasury or investment operations, preferably at a financial services firm
- BA/BS degree in a quantitative discipline
- Strong attention to detail and determination with a high level of accuracy
- Excellent proficiency in financial modeling and Excel
- Ability to think creatively and critically and thrive in a fast-paced, dynamic, and often ambiguous work environment
- Strong understanding of payments, liquidity management, and cash and risk management solutions
- Basic understanding of a lending P&L and various capital structures
- Knowledge of SQL is a plus
What the job involves
- We are looking for a smart and proactive individual to join the Treasury team as a Capital Operations Analyst
- Treasury is responsible for the capital management and operations, funding and liquidity planning; and balance sheet risk management of a rapidly growing FinTech company
- This particular role will focus on the funding operations for Affirm’s loan portfolio
- You will have a unique opportunity to work cross-functionally and use quantitative insights to drive better decision-making across the Capital organization
- Support all capital and funding operations and interface with internal partners as well as various external capital partners
- Develop a keen understanding of our loan portfolio and oversee the movement of loan related cash flows
- Perform ongoing concentration limits and triggers monitoring; and proactively identify any emerging trends
- Manage ongoing internal and external audits for our funding facilities
- Collaborate with management to identify improvements to current processes or propose new processes to strengthen internal controls and focus on scalability
- Provide management reporting and reconciliation for cash and loan portfolios
- Lead monthly and quarterly investors financial reporting to ensure accurate and timely delivery
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.
Boating over 15 million customers and 245,000+ 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
- Spending wallets
- Supportive communities
- Remote-first workforce
- Generous time off
- Health benefits
- Mental healthcare
- Birth and non-birth parents get 18 weeks’ paid leave. Plus, a 4-week return-to-work transition program, at full base pay
- We have a simple, flexible, and transparent remote-first compensation structure so you can make the best decisions for yourself and your family
- We offer 24 company-wide paid days off—which help our teams collectively pause to recharge
- Learning & development
Company values
- People Come First
- No Fine Print
- It's On Us
- Simpler is Better
- Push the Envelope
Company HQ
Chinatown, San Francisco, CA
Articles
Leadership
Max Levchin
(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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