Compliance Analyst, Affirm
$89-120k
+ Employee stock purchase plan. Salary dependent on location
More information about location
POS installment loans
Job no longer available
POS installment loans
1001+ employees
Job no longer available
$89-120k
+ Employee stock purchase plan. Salary 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 or comparable experience
- 3+ years of professional work experience, including 1-2 years in Compliance, Risk, Audit, or Bank Regulatory
- Excellent organizational, leadership, and relationship skills
- Curiosity about financial technology and consumer protections
- Experience working with consumer financial laws and regulations related to advertising, such as UDAAP, CAN-SPAM, FCRA, TCPA, TISA (Reg. DD), TILA (Reg. Z), ECOA (Reg. B)
- Measurable background as part of a high-impact team
- Inquisitive and proactive in proposing creative and effective solutions
- Strong project management, critical thinking, and analytical skills
- Excellent verbal and written communication skills, with the ability to present sophisticated and contentious issues
What the job involves
- Affirm’s Compliance team crafts and maintains a compliance program that proactively addresses regulatory requirements while also identifying potential compliance issues that may arise
- Compliance program activities include advisory, training, testing, monitoring, reporting, and oversight
- Although a second line of defense, compliance partners with the business to support new products, markets, and initiatives, as well as issue identification, remediation plans and risk assessment
- Compliance uses multiple data sources to enable informed decision making, strengthen controls and provide for better treatment of consumers
- Affirm is seeking a Compliance Analyst II to support the marketing compliance program, either collaborating with Affirm’s Marketing organization or helping merchant-facing teams with marketing choices
- In growing the company’s markets and products, Compliance plays a fundamental role regarding objective and key results (OKRs), providing expertise related to regulatory requirements
- This analyst has the opportunity to work with broader Legal and Compliance to identify and assess risk within applicable requirements, plus provide expertise on risk mitigation
- The analyst will report to the Marketing Compliance Lead and will work cross-functionally with other teams
- Independently review marketing assets and provide constructive feedback
- Meet frequently with internal partners to steward marketing compliance requirements and guide the implementation of merchant and direct marketing
- Develop and maintain training and reference materials to enable efficient compliance reviews
- Detail and optimize critical processes to enable scale, conduct risk assessments, and meet the reporting and QA needs of Affirm's 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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