Affirm is reinventing credit to make it more honest and friendly, giving consumers the flexibility to buy now and pay later without any hidden fees or compounding interest.
Requirements
- Economic and accounting principles and practices, including: the financial markets, banking, and the analysis and reporting of financial data;
- SQL, Python, R, Matlab, or AWS;
- Looker or Tableau;
- Risk modeling including both credit and market risk, assessing macroeconomic trends and financial performance, enabling evaluation of industry risk trends;
- Using advanced machine learning techniques to develop quantitative models to predict probability of default with financials and macroeconomic indicators;
- Data analytics, financial modeling, model validation, and risk analytics.
Responsibilities
- Performing financial and economic data experimentation and leveraging advanced data analytics to derive critical insights;
- Review capital markets, dissect complex data and translate it into actionable strategies to help optimize credit underwriting;
- Determining and optimizing user limit assignments to ensure they are set optimally to balance risk and growth and drive user engagement;
- Optimizing Affirm’s portfolio, managing risk and ensuring the health and profitability of credit offerings;
- Designing and implementing inclusive credit strategies and economic credit models by utilizing alternative data and expanding credit to more users while managing the risk strategically;
- Partnering with Machine Learning and Engineering teams to build effective credit risk capabilities; and
- Collaborate with Product teams to develop new products and features, the Merchant Pricing Team to value different Merchants and the Finance team to facilitate discussions with debt and equity investors.
Other
- PhD degree (or foreign equivalent) in Economics, Statistics, Math or related field & 1 year of experience in the following:
- May telecommute.
- Position requires 5% of travel to various unanticipated worksites nationally.
- 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.
