Affirm

Business Development Associate

Affirm$66K — $105K *
US-AnywhereRemote in United States
Business Services
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree or equivalent experience
  • 1+ year of outbound sales experience
  • Demonstrated success in a quota-carrying role
  • Strong passion for E-commerce
  • Ability to work cross-functionally with multiple internal teams
  • Excellent communication and time management skills
  • Growth mindset and self-motivation

Responsibilities

  • Drive new business by identifying and developing partnership opportunities
  • Collaborate with Account Executives and the Sales & BD team
  • Manage initial stages of the Sales & BD pipeline through outreach
  • Engage potential partners to understand their goals and challenges
  • Contribute to Affirm's growth as it scales its product

Benefits

  • 100% subsidized medical coverage for employees and dependents
  • Generous stipends for technology, food, and lifestyle expenses
  • Competitive vacation and holiday time off
  • Employee stock purchase plan at a discount
Full Job Description
The Business Development team works in lockstep with our Key and Enterprise Sales team to identify top-of-funnel opportunities within target industries through creative and effective outbound strategies. This is a fast-paced, high-impact team that works cross-functionally with Sales, Marketing, Legal, Merchant Risk. This role has a direct impact on high-priority organizational goals, and will provide a pathway to a successful sales career. We are looking for a driven, thoughtful and tenacious individual to join our world-class team and help change consumer finance for the better.

What You'll Do

  • Drive new business by identifying, qualifying, and developing new partnership opportunities for Affirm
  • Collaborate closely with Account Executives and the rest of the Sales & BD team to strategize creative outreach campaigns and determine priority of outreach based on potential impact
  • Manage the first stages of the Sales & Business Development pipeline by performing initial cold outreach and nurturing leads through various inbound channels, including phone, email and social
  • Engage potential partners about their goals and challenges, and educate them on the value of Affirm
  • Contribute significantly to Affirm's growth as we scale our core business and product

What We Look For
  • Bachelor's Degree or equivalent experience
  • At least 1 year of prior BDA experience in an outbound sales role prospecting cold leads
  • Grit. Lots of grit. You need to embrace challenges and be willing to work hard to achieve audacious goals
  • Demonstrated ability to succeed in a quota-carrying role
  • The desire to pursue a career in sales, and the drive to be successful
  • Strong passion for E-commerce
  • Ability to work closely with multiple non-sales teams internally; legal, merchant risk, marketing, etc.
  • Excellent ability to communicate, manage time efficiently, and be extremely detail-oriented
  • A growth mindset and self-motivation
  • Ability to think creatively and critically and thrive in a fast-paced, dynamic, and often ambiguous work environment
  • Willingness to step up to greater responsibility, strong desire to contribute to overall goals
  • Passion and drive to change consumer banking for the better


Pay Grade - B

Equity Grade - 1

Employees new to Affirm typically come in at the start of the pay range. Affirm focuses on providing a simple and transparent pay structure which is based on a variety of factors, including location, experience and job-related skills. For sales roles, the range provided is the role's On Target Earnings ("OTE") range, which includes the annual base pay and the sales incentive target.

Base pay is part of a total compensation package that may include equity rewards, monthly stipends for health, wellness and tech spending, and benefits (including 100% subsidized medical coverage, dental and vision for you and your dependents.)

USA On Target Earnings (CA, WA, NY, NJ, CT) per year: $75,000 - $105,000

USA On Target Earnings (all other U.S. states) per year: $66,000 - $96,000

Please note that visa sponsorship is not available for this position.

#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'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

About Affirm

Affirm is a publicly traded financial technology company headquartered in San Francisco, United States. Founded in 2012, the company operates as a financial lender of installment loans for consumers to use at the point of sale to finance a purchase. Affirm was founded in 2012 by Max Levchin, Nathan Gettings, Jeffrey Kaditz, and Alex Rampell as part of the initial portfolio of startup studio HVF. Levchin, who co-founded PayPal, became CEO of Affirm in 2014. In October 2017, the company launched a consumer app that allowed loans for purchases at any retailer. The company announced a partnership with Walmart in February 2019. Under the partnership, Affirm is available to customers in-store and on the Walmart website. Affirm has partnered with e-commerce platforms including Shopify, BigCommerce, and Zen-Cart. On November 18, 2020, Affirm filed with the Securities and Exchange Commission in preparation for an initial public offering. On December 12, 2020, it was reported that Affirm had postponed its IPO. On January 13, 2021, Affirm became listed on NASDAQ with symbol AFRM, raising about $1.2 billion in its IPO. By the next day, the price of shares had doubled, making Levchin's stake worth about $2.5 billion. In May 2021, Affirm acquired Returnly, a financial technology service company, for $300 million.
Learn more about Affirm
Size
1,300 employees
Market Cap
$2.5 billion
Industry
Net Income
-$97.6 million
Founded
2012
Revenue
$617.1 million
NASDAQ

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