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.
The Backbook Risk team is responsible for Affirm’s backbook performance, monitoring, and forecasting globally. Team works cross-functionally with Credit Risk, Compliance, Machine Learning, Product, Engineering, Operations, Growth Analytics, and Finance teams to define and ensure execution of the Backbook Risk strategy to assert adherence to the Risk Appetite.
This role requires a lot of cross-functional partnership. This individual will be supporting the Director in integrating backbook related work streams within the Risk function.
What You'll Do
- In collaboration with Machine Learning, Growth Analytics and Finance team develop and continually refine robust forecasting for the backbook incorporating impact from strategy modifications being implemented by Risk, Machine Learning, and Product
- Develop and implement the feedback loop with Frontbook Risk Strategy, Backbook Risk Strategy, Provisions, and Product based on observed backbook performance in combination with the macroeconomic outlook
- Develop, implement, and evolve repayment and modification tools strategies and policies
- Development and implementation of the monitoring framework, provisions, and bureau furnishing for the backbook for international division of Affirm
What We Look For
- 8+ years of work experience in Risk management within Fintech/Banking
- Proficient in SQL, Experience with Python
- A standout colleague with the ability to collaborate and influence across different teams in the organization
- Ability to express concepts in concise fashion both in writing (policy writing experience is preferred) and verbally. Ability to communicate findings and recommendations clearly to both technical and non-technical audiences
- Bachelor’s or Master’s degree in a quantitatively rigorous subject area like engineering, statistics, math, finance, economics, computer science desired
- Proven understanding of risk fundamentals (experience with both consumer and business risk management practices, an understanding of industry risk trends)
- Strong time management skills and the ability to lead multiple projects and priorities in parallel
#LI-Remote
Affirm is proud to be a remote-first company! The majority of our roles are remote and you can work almost anywhere within the country of employment. Affirmers in proximal roles have the flexibility to work remotely, but will occasionally be required to work out of their assigned Affirm office. A limited number of roles remain office-based due to the nature of their job responsibilities.
We have a simple and transparent remote-first grade-based compensation structure. Offer amounts within the range are based on a number of factors including but not limited to job-related skills, experience, and relevant education or training. Across the broader organization, certain roles are eligible for equity awards upon hire, promotion, tenure milestones and for performance.
We’re extremely proud to offer competitive benefits that are anchored to our core value of people come first. Some key highlights of our benefits package include:
- Health care coverage - Affirm covers all premiums for all levels of coverage for you and your dependents
- Flexible Spending Wallets - generous stipends for spending on Technology, Food, various Lifestyle needs, and family forming expenses
- Time off - competitive vacation and holiday schedules allowing you to take time off to rest and recharge
- ESPP - An employee stock purchase plan enabling you to buy shares of Affirm at a discount
We believe It’s On Us to provide an inclusive interview experience for all, including people with disabilities. We are happy to provide reasonable accommodations to candidates in need of individualized support during the hiring process.
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