Vice President of Payments Platform, Affirm
$304.3-425k
POS installment loans
Job no longer available
POS installment loans
1001+ employees
Job no longer available
$304.3-425k
1001+ employees
Company mission
To deliver honest and transparent financial products that improve users' lives.
Role
Who you are
- A minimum of 10 years of experience managing and leading global FinTech or payments organization
- A minimum of a Bachelor's Degree in Business Management or Finance (MBA or Masters Degree strongly preferred)
- Growth mindset with a strong desire to collaborate
- Experience building and iterating on products or feature areas from 0-to-1
- Strong drive and curiosity to come up with new ideas, identify opportunities and create vision to drive the business forward
What the job involves
- Lead, influence, and own Payments product strategy and execution for merchants, consumer and financial institutions, throughout the customer lifecycle (checkout, repayments, etc)
- Establish and reinforce an analytic technology culture both within the product team and across the company in partnership with Engineering, Analytics, and the broader business
- Deeply understand the jobs to be done by the platform, define and build capabilities to support those jobs and deliver a best in class experience, measuring success with a quantitative approach
- Partner closely with business stakeholders to build a platform that provides leverage to our growing suite of products
- Partner closely with product stakeholders to provide cohesive user and economic capabilities across our suite of products
- Build, lead, grow, and retain a diverse, inclusive team of talented technology product managers
- Manage relationships with our partners, financial institution and lenders
- Effectively communicate product choices & direction to multiple stakeholders (internal and external)
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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