Internal Audit Lead, Affirm
Compliance & Operations
$115-170k
Salary dependent on location. Plus ESPP
More information about location
POS installment loans
Posted today
POS installment loans
1001+ employees
Posted today
$115-170k
Salary dependent on location. Plus ESPP
More information about location
1001+ employees
Company mission
To deliver honest and transparent financial products that improve users' lives.
Role
Who you are
- 4+ years of internal audit experience with a combination of industry and consulting experience. Demonstrated ability in a senior internal control or internal audit role
- Experience with similar internal control or internal audit roles in financial services organizations or with Big 4 audit firms highly preferred
- Bachelors or equivalent in business, accounting or other business related fields. Appropriate certifications in auditing are preferred (i.e. CIA, CAMS, CRCM or equivalent)
- Ability to understand sophisticated processes and summarize and document in a narrative and workflow format
- Strong project/task management and prioritization skills
- Experience participating in integrated audits that address a combination of compliance and operating objectives
- Excellent written and verbal communication skills
- Comfortable in a fast-paced, ever-changing, rapid-growth, fun environment with multiple projects and tasks
- Possess high ethical standards, level of commitment and ability to cope with complexity and change
- Responsible, flexible and a highly motivated self-starter
What the job involves
- We are working to build innovative products and technologies that support our mission of offering honest financial products to improve lives
- We are looking for an experienced Internal Audit Lead, Compliance & Operations to contribute to the ongoing development of the Internal Audit (IA) function and to Affirm’s efforts to achieve its business objectives
- The Internal Audit Lead, Compliance & Operations will report to the Senior Manager, Audit Compliance & Operations and will work alongside all members of the Internal Audit team in conducting audit and reviews to impact and influence positive business outcomes!
- Collaborate with the Vertical Leads, Business Stakeholders and IA Partners to assist in performing the various stages of an Internal Audit project, including planning, fieldwork, and reporting
- Execute audits focused on US and International regulations/programs including but not limited to; BSA/AML, UDAAP, FCRA, Fair Lending, GDPR, FDCPA, ESG, etc
- Work with business partners to evaluate the design and effectiveness of controls
- Complete specific areas of an audit project performing audit work using our standard audit methodology to evaluate risk, determine control objectives, and verify the extent to which Affirm’s process, controls, and systems are operating as intended
- Assist and contribute to Affirm’s Internal Audit strategy and roadmap
- Support audit issue validation and closure procedures
- Assist in assessing new products, systems, databases or changes to existing processes to identify compliance risks before launch, providing recommendations for improvement
- Continue to develop and expand knowledge of the audit profession, our industry, and Affirm products and information through self-study, research, and continuing education efforts
- Align with applicable federal & state, and international laws and regulatory guidelines and Affirm’s policies and procedures
- Maintain a regulatory compliance risk mindset to understand underlying risks and weaknesses to properly mitigate such risks
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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