Compliance Lead, Affirm
Testing Programs
$115-170k
Salary range is dependent on location. Offers ESPP
More information about location
POS installment loans
Open for applications
POS installment loans
1001+ employees
Open for applications
$115-170k
Salary range is dependent on location. Offers ESPP
More information about location
1001+ employees
Company mission
To deliver honest and transparent financial products that improve users' lives.
Role
Who you are
- 5+ years of professional work experience in Compliance Testing, or Audit
- Knowledge of applicable laws, regulations, financial services, and regulatory trends that impact Affirm’s business
- Experience in completing end-to-end compliance testing activities
- Strong communication and relationship management skills
- Inquisitive and proactive in proposing creative and effective solutions and ability to learn and adapt in a fast-paced environment
- Strong project management, critical thinking and analytical skills
- Excellent verbal and written communication skills with the ability to clearly present complex and sensitive issues
- Proficient computer navigation skills using a variety of software packages, including Google docs, word processing, spreadsheets, and presentations
- Must be detail oriented, thorough, and well organized
What the job involves
- Affirm is actively seeking a Compliance Lead to support certain critical compliance management program elements
- In this role, the Compliance Lead will help to administer Compliance’s Testing Program
- This includes completing reviews to ensure compliance with federal/state regulations, identifying gaps and deficiencies with regulatory compliance concerns, collaborate with cross functional partners including Legal, Operations, Product, Engineering and senior management to resolve identified issues and further build out our compliance program
- This role will report to the Senior Compliance Manager and will be required to work independently and cross-functionally
- Perform ongoing compliance testing and reporting on adherence to compliance program and federal/state regulatory requirements
- Work closely and cross-functionally with multiple departments (Compliance, Legal, Risk, Product, etc.) while completing reviews
- Support a very fast paced business with tight deadlines while providing diligent and detailed work product
- Collaborate with management to identify improvements to current processes or propose new processes to strengthen internal controls
- Coordinate the execution of the compliance risk assessment and control inventory, including collecting and documenting results
- Serve as an expert in the area of regulatory compliance and how it applies to new and/or revised products and services
- Continuously improve internal compliance processes relating to the Compliance Testing Program
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.
Share this job
View 120 more jobs at Affirm