Affirm

Senior Product Manager, Credit & Pricing

Affirm$153K — $213K *
US-AnywhereRemote in Canada
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Passion for changing consumer finance for the better.
  • Strong analytical skills for data-driven decision making.
  • Comfortable with experimentation and learning from data.
  • Proven track record of shipping user-facing products with measurable impact.
  • 3-4 years of relevant product experience in consumer finance, payments, underwriting, or machine learning.
  • Bachelor's or Master's in Computer Science or related fields, or equivalent practical experience.

Responsibilities

  • Define and drive product strategy with engineering and analytics teams.
  • Design new products and features that enhance merchant financing offers.
  • Analyze product features and establish success metrics.
  • Build trusted partnerships with various internal teams for product launches.
  • Collaborate on initiatives interfacing with Affirm's Credit & Pricing capabilities.

Benefits

  • 100% subsidized medical coverage for you and dependents.
  • Generous stipends for technology, food, lifestyle needs, and family forming expenses.
  • Competitive vacation and holiday schedules to encourage work-life balance.
  • Employee stock purchase plan offering shares at a discount.
Full Job Description
About the role

We're looking for an outstanding product manager who is not bound by the existing paradigms of traditional banks. This role is part of the Credit & Pricing Product team, responsible for consumer credit, underwriting, merchant pricing, and loan economics across the entire portfolio of merchants and channel partnerships. In joining this team, you will be at the center of Affirm's credit & pricing strategy to expand our footprint into new verticals and product offerings. The team drives innovative solutions that fuel all end user experiences in the US and globally while partnering with a wide variety of teams including but not limited to product, engineering, analytics, design, marketing, legal, capital, commercial and more.

What you'll do
  • Define and drive product strategy in collaboration with your peers in Credit & Pricing engineering, analytics, and go-to-market teams.
  • Define new products and features with specs and prototypes that enable merchants to offer consumers attractive financing terms.
  • Analyze the impact of product features and define metrics for success.
  • Establish yourself as a trusted partner of our Credit, Pricing, Commercial, Design, and Engineering teams to successfully launch and scale products.
  • Collaborate across product teams to support initiatives that interface with Affirm's Credit & Pricing capabilities (e.g., international expansion, large merchant integrations, new product verticals, cost optimizations).


What we look for
  • Motivation: You have a passion and drive to change consumer finance for the better.
  • Analytical skills: You have a data-driven learning style and use quantitative information to make product decisions.
  • Experimental mindset: You like to test and learn in a way that incorporates both customer needs and data. You must be comfortable operating autonomously and unafraid to learn/fail fast.
  • Results: Experience shipping simple, elegant user-facing products with measurable impact to the bottom line.
  • Product experience: Minimum 3-4 years of prior product or relevant experience in consumer finance, payments, underwriting, and machine learning models.
  • Bachelor's or Master's in Computer Science, or other related fields; or equivalent practical experience.


Pay Grade - N

Equity Grade - 6

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: $153,000 - $213,000

This posting is for an existing vacancy.

#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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