Affirm

Senior Manager, Quantitative Analytics

Affirm • $201K — $261K *
US-AnywhereRemote in Canada
Finance & Insurance
8 - 10 years of experience
Today
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Job Overview by Ladders

Qualifications

  • 9+ years in a technical role (model development, validation, or quantitative analytics)
  • Deep expertise in machine learning, underwriting, and credit risk
  • Advanced Python scripting and SQL skills for data handling
  • Proven experience managing and mentoring quantitative teams
  • BS, MS, or PhD in a quantitative discipline (Statistics, Quantitative Finance, Mathematics, Data Science)
  • Analytical problem-solver with attention to detail
  • Excellent communicator able to convey complex concepts effectively

Responsibilities

  • Lead and manage a team of quantitative professionals in the risk sector
  • Validate sophisticated machine learning models for underwriting and credit risk
  • Conduct thorough technical reviews to ensure model accuracy
  • Identify model weaknesses and collaborate on remediation efforts
  • Enhance the enterprise-wide Model Risk Management framework
  • Ensure compliance with internal standards and regulatory requirements

Benefits

  • 100% subsidized medical coverage for employees and dependents
  • Generous stipends for technology, food, lifestyle, and family-forming expenses
  • Competitive vacation and holiday schedules
  • Employee stock purchase plan with options to buy shares at a discount
  • Remote-first work environment with flexibility on office presence
Full Job Description
What You'll Do:
  • Sector Leadership & Team Management: Oversee the underwriting and credit risk validation sector. Lead, mentor, and manage a team of talented quantitative professionals while setting the strategic direction for this critical risk domain.
  • Hands-On Model Validation: Execute rigorous, independent validations of sophisticated machine learning models across underwriting and credit risk management.
  • Technical Review: Evaluate conceptual soundness, data integrity, and performance stability through comprehensive testing, in-depth reviews, and continuous monitoring to ensure model accuracy.
  • Identification & Remediation: Detect critical model weaknesses and identify areas for improvement; collaborate with model owners and developers to track and resolve validation findings.
  • Framework Enhancement: Partner with cross-functional stakeholders to implement and refine the enterprise-wide Model Risk Management (MRM) framework, ensuring it remains robust and innovative.
  • Audit & Compliance: Coordinate with Accounting, Internal Controls, and Compliance teams to ensure all model activities meet or exceed internal standards and regulatory expectations.
What We Look For:
  • Experience: 9+ years of professional experience in a highly technical role, such as model development, model validation, or quantitative analytics.
  • Domain Expertise: Deep understanding of machine learning modeling, underwriting, and credit risk management.
  • Technical Proficiency: Advanced ability to script in Python and expertise in using SQL to manipulate and analyze large-scale, complex datasets.
  • Leadership & Influence: Proven track record of hiring, managing, and mentoring quantitative teams. Ability to transition seamlessly between high-level strategic oversight and detailed, hands-on technical work.
  • Education: A BS, MS, or PhD in a quantitative discipline such as Statistics, Quantitative Finance, Mathematics, or Data Science.
  • Analytical Mindset: A natural problem-solver with a meticulous eye for detail, a deep curiosity regarding model mechanics, and sharp critical-thinking skills.
  • Communication: Exceptional interpersonal skills with a proven ability to distill and translate complex technical concepts for diverse audiences.

Pay Grade - Q

Equity Grade - 7

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. 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.)

CAN base pay range per year: $201,000 - $261,000

#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
Finance & Insurance
Net Income
-$97.6 million
Founded
2012
Revenue
$617.1 million
NASDAQ
AFRM
* Ladders Estimates

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