Vice President of Total Rewards, Affirm
CA$297-327k
+ Employee Stock Purchase Plan
POS installment loans
Open for applications
POS installment loans
1001+ employees
Open for applications
CA$297-327k
+ Employee Stock Purchase Plan
1001+ employees
Company mission
To deliver honest and transparent financial products that improve users' lives.
Role
Who you are
- This role requires a dynamic individual who excels in translating strategic business priorities into actionable, results-oriented initiatives
- The ideal candidate will leverage extensive expertise in total rewards to help Affirm build high-performance teams, champion innovation and excellence, and optimize and evolve our programs as we grow
- 15+ years of experience in global total rewards, preferably in high tech companies
- Excels as a people leader. Understands their team, their leaders and what each needs to thrive and succeed
- Creates and maintains a strong collaborative team who works well in partnership with others on the People team and across the business
- Progressive total rewards leadership with increasing levels of responsibility in identifying, consulting, designing, recommending, and implementing innovative solutions
- Deep subject matter expertise in total rewards, including trends, thought leadership, and practical application of these
- Strong analytical mindset; ability to read and leverage data to drive strategic decisions
- Excellent business acumen and judgment; able to maturely handle sensitive and confidential information
- Ability to lead change effectively; communicate complex information and recommendations to key stakeholders and influence good outcomes
- Ability to work efficiently in a fast-paced environment and balance multiple complex projects and decisions at once
- Ability to focus on the essential issues and simplify complexity for the team and the business
- Always pushing the envelope - constantly seeking ways to improve and raising the bar
What the job involves
- Affirm is reinventing credit to make it more honest and friendly, giving consumers the flexibility to buy now and pay later without any hidden fees or compounding interest
- Affirm is seeking an innovative and strategic Total Rewards leader to spearhead the design and execution of cutting-edge compensation and benefits programs
- Develop and drive an innovative total rewards philosophy and strategy that aligns with Affirm's business objectives and enhances the employee experience
- Leverage analytics, data visualization, planning, process efficiency, and critical thinking to inform decision-making and strategy development
- Ensure that our total rewards practices are equitable. This includes regularly reviewing our practices for potential biases and making necessary adjustments to promote fairness and equality
- Partner and collaborate internally with executives, senior leaders, and board members and externally with vendors and consultants regarding matters of significance to the organization
- Compensation: Oversee the design and management of innovative compensation solutions for the company, design and manage executive compensation programs, and partner with the CPO on preparation for the Compensation Committee
- Incentives: Oversee the design and management of corporate and functional incentive programs to motivate and reward employees. Own and oversee the process by which sales incentive programs are designed. Ensure that these programs are effective, fair, and aligned with rewarding the right business outcomes
- Benefits: Oversee the design and management of Affirm's market leading benefits programs. This includes health and wellness benefits, retirement plans, and other employee perks. Ensure that our benefits offerings are competitive, cost-effective, and aligned with our overall total rewards strategy
- Recognition: Oversee the design and management of Affirm's employee recognition programs. Ensure that these programs effectively acknowledge and recognize employees for their contributions to the company
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
Few candidates hear
back within 2 weeks
-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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