Group Product Manager, Affirm
Card Issuing Platform
CA$168.6-252.9k
POS installment loans
Job no longer available
POS installment loans
1001+ employees
Job no longer available
CA$168.6-252.9k
1001+ employees
Company mission
To deliver honest and transparent financial products that improve users' lives.
Role
Who you are
- 10+ years of product management experience in fintech or a payments related industry
- Knowledge of the card issuing ecosystem, including key players, products, funds flows, and economics
- Experience at an issuing processor or card network a plus
- Track record of experimenting and successfully launching at scale
- Outstanding written and verbal communication with a diverse stakeholder audience
- Very good at influencing leadership, cross-functional teams, and external partners
- Solid technical chops that allow you to have in depth technical discussions and opinions
- Excellent at identifying and prioritizing high impact initiatives
- Experience managing technical software products from kick-off to post-launch
- The ability to turn incomplete, conflicting, or ambiguous inputs into solid action plans
- Excellent at establishing cross-functional relationships, tapping into those relationships and driving consensus to make progress
What the job involves
- As a Group Product Manager on the Card Issuing Platform team, you will play a pivotal role in shaping the future of consumer financial services, commerce, and payments, specifically in how our users can use Affirm’s products anywhere card instruments are accepted
- The Card Issuing Platform team is responsible for building the issuing programs that enable our merchants, wallet partners, and Affirm Card users to leverage Affirm’s financial products through the card networks
- We do this by scaling our issuing programs and solving challenging closed end lending use cases in a revolving environment
- You will work closely with cross-functional teams including Engineering, Product Analytics, Finance, Partnerships, other Product teams, external issuing partners, and more to define and build solutions that improve and scale Affirm’s virtual and physical card capabilities, driving a direct impact on key business goals
- You should be outcomes driven with a very high bias for action and are undaunted by multiple dependencies both internal and external
- Enhance issuing platform capabilities across merchant integrations, wallets, and the Affirm Card. Own key initiatives across our platform to improve how we issue cards and manage lending services over the card networks
- Be a Card Product Expert. Be a trusted source on our Issuing platforms and products, with a deep understanding of how the interplay between issuing processors, issuing banks, and card networks functions, knowledge of various card classifications and economic structures, and most importantly, how Affirm’s products fit within that ecosystem
- Focus on Business Outcomes. Cut through the complexity of card programs to identify opportunities for enhanced economic efficiencies across the issuing P&L
- Build for Scale. Lead and guide product direction for a cross-functional team of engineering, analytics, and platform partners. All with a platform mindset
- Product Discovery and Opportunity Identification. Identify new product opportunities and set a comprehensive roadmap that’s informed by data analysis, qualitative research, and your own discovery
- Drive the Product Lifecycle. Define product objectives, work with the engineering team and partners to drive requirements, ultimately lead execution to launch key products and features
- Senior Leader Interaction. Interact effectively with senior leaders presenting insights and strategies that drive our company’s objectives
Otta's take
Sam Franklin
CEO of Otta
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.
Boating over 15 million customers and 245,000+ 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.
Insights
Few candidates hear
back within 2 weeks
-11% employee growth in 12 months
Company
Funding (last 2 of 5 rounds)
Sep 2020
$500m
SERIES G
Apr 2019
$300m
SERIES F
Total funding: $1.1bn
Company benefits
- Spending wallets
- Supportive communities
- Remote-first workforce
- Generous time off
- Health benefits
- Mental healthcare
- Birth and non-birth parents get 18 weeks’ paid leave. Plus, a 4-week return-to-work transition program, at full base pay
- We have a simple, flexible, and transparent remote-first compensation structure so you can make the best decisions for yourself and your family
- We offer 24 company-wide paid days off—which help our teams collectively pause to recharge
- Learning & development
Company values
- People Come First
- No Fine Print
- It's On Us
- Simpler is Better
- Push the Envelope
Company HQ
Chinatown, San Francisco, CA
Founders
Max Levchin
(CEO)Has founded/co-founded numerous companies, holding various executive positions at each, including Paypal, Slide, Glow, HVF Labs, and SciFi VC. Also worked at large brands including Google, Yelp, Yahoo, and Evernote.
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