Full-Time

Compliance Lead

Testing

Confirmed live in the last 24 hours

Affirm

Affirm

1,001-5,000 employees

Provides buy now, pay later financing solutions

Fintech
Financial Services

Compensation Overview

$102k - $155kAnnually

+ Equity Rewards + Monthly Stipends

Senior

No H1B Sponsorship

Remote in USA

Category
Legal
Risk & Compliance
Legal & Compliance
Required Skills
Word/Pages/Docs
Requirements
  • 5+ years of professional work experience in Compliance Testing, or Audit.
  • Knowledge of applicable laws, regulations, financial services, and regulatory trends that impact Affirm’s business.
  • Experience in completing end-to-end compliance testing activities.
  • Strong communication and relationship management skills.
  • Inquisitive and proactive in proposing creative and effective solutions and ability to learn and adapt in a fast-paced environment.
  • Strong project management, critical thinking and analytical skills.
  • Excellent verbal and written communication skills with the ability to clearly present complex and sensitive issues.
  • Proficient computer navigation skills using a variety of software packages, including Google docs, word processing, spreadsheets, and presentations.
  • Must be detail oriented, thorough, and well organized.
Responsibilities
  • Perform ongoing compliance testing and reporting on adherence to compliance program and federal/state regulatory requirements.
  • Work closely and cross-functionally with multiple departments (Compliance, Legal, Risk, Product, etc.) while completing reviews.
  • Support a very fast paced business with tight deadlines while providing diligent and detailed work product.
  • Collaborate with management to identify improvements to current processes or propose new processes to strengthen internal controls.
  • Coordinate the execution of the compliance risk assessment and control inventory, including collecting and documenting results.
  • Serve as an expert in the area of regulatory compliance and how it applies to new and/or revised products and services.
  • Continuously improve internal compliance processes relating to the Compliance Testing Program.

Affirm provides point-of-sale financing solutions as an alternative to traditional credit cards. It allows consumers to make purchases and pay for them over time through installment plans, often without hidden fees or deferred interest. Affirm partners with merchants to integrate its payment solutions into both online and in-store shopping experiences, using user-friendly plugins and APIs. The company earns revenue from interest and fees on the loans it provides to consumers, as well as from fees charged to merchants for offering its financing options. Affirm also offers a merchant dashboard for transaction processing and promotional tools to help businesses market these financing options effectively. The goal of Affirm is to empower consumers with flexible payment options while providing value to merchants in the e-commerce and retail sectors.

Company Stage

IPO

Total Funding

$1.1B

Headquarters

San Francisco, California

Founded

2012

Growth & Insights
Headcount

6 month growth

4%

1 year growth

6%

2 year growth

-11%
Simplify Jobs

Simplify's Take

What believers are saying

  • Affirm's partnerships with major brands and events, like the Austin Marathon, enhance its visibility and consumer trust.
  • The company's IPO and subsequent market performance indicate strong investor confidence and growth potential.
  • Affirm's integration with Apple's new installment loan offerings could significantly expand its user base and market reach.

What critics are saying

  • New CFPB regulations could impose additional compliance costs and operational burdens on Affirm, affecting profitability.
  • Data breaches, such as the recent Evolve Bank incident, pose significant risks to consumer trust and data security.

What makes Affirm unique

  • Affirm's seamless integration with both online and in-store shopping experiences sets it apart from other BNPL providers who may focus solely on e-commerce.
  • The dual revenue stream from both consumer interest/fees and merchant fees provides a robust financial model, unlike competitors who may rely on a single revenue source.
  • Affirm's user-friendly plugins and APIs make it easier for merchants to adopt their payment solutions, reducing technical barriers to entry.

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Benefits

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.

Compensation: We have a simple, flexible, and transparent remote-first compensation structure so you can make the best decisions for yourself and your family.

Away days: We offer 24 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.