Compliance Director, Affirm

Regulatory Advisory and Exams

$200-325k

Salary dependent on location

Expert level
Remote from US
Affirm

POS installment loans

Job no longer available

Affirm

POS installment loans

1001+ employees

FintechB2CPersonal financePaymentsSaaS

Job no longer available

$200-325k

Salary dependent on location

Expert level
Remote from US

1001+ employees

FintechB2CPersonal financePaymentsSaaS

Company mission

To deliver honest and transparent financial products that improve users' lives.

Role

Who you are

  • Advanced degree or CRCM or similar designation, preferred
  • 10+ years of experience in Compliance Risk, Audit, or Bank Regulatory
  • Demonstrated experience regulatory compliance reviews
  • Experience with tracking and monitoring corrective actions, audits or exams
  • Experience with consumer protection and general banking regulations of the Fed, FDIC, OCC, and/or CFPB
  • Demonstrated sound decision-making, negotiation, and collaboration skills
  • Excellent organizational and relationship management skills
  • Ability to interact with all levels of an organization
  • Self-motivation and a willingness to take ownership of projects
  • A team player mindset, pitching in wherever needed
  • A passion for improving the lives of consumers through Affirm’s products
  • Humility, integrity and a sense of humor; you take your work seriously but not yourself

What the job involves

  • Possess and maintain a solid knowledge of consumer compliance laws, regulations and best practices and recognize how they relate to Affirm's business model
  • Articulate key Compliance risks at Affirm and the controls Affirm employs to mitigate those risks
  • Independently fulfill examination requests, coordinate directly with key collaborators to fulfill various external obligations, and manage examination processes end-to-end from a Compliance perspective
  • Participate and lead efforts, including but not limited to mock-exams or targeted assessment, as part of ongoing exam preparedness
  • Write reports, memos or presentations that clearly articulate the results/conclusions of compliance review activities or risk escalations and communicate to key stakeholders across the company
  • Manage and coordinate corrective actions resulting from Supervisory activities, including management reporting of progress

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Insights

Top investors

-11% employee growth in 12 months

Company

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

Funding (last 2 of 5 rounds)

Sep 2020

$500m

SERIES G

Apr 2019

$300m

SERIES F

Total funding: $1.1bn

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.

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Kirsty

Company Specialist at Welcome to the Jungle