Full-Time
Vice President
Total Rewards
Posted on 8/29/2024
Affirm
1,001-5,000 employees
Provides buy now, pay later financing solutions
Compensation Overview
$297k - $327kAnnually
Senior, Expert
Remote in Canada
- 15+ years of experience in global total rewards, preferably in high tech companies
- Excels as a people leader. Understands their team, their leaders and what each needs to thrive and succeed
- Creates and maintains a strong collaborative team who works well in partnership with others on the People team and across the business
- Progressive total rewards leadership with increasing levels of responsibility in identifying, consulting, designing, recommending, and implementing innovative solutions
- Deep subject matter expertise in total rewards, including trends, thought leadership, and practical application of these
- Strong analytical mindset; ability to read and leverage data to drive strategic decisions
- Excellent business acumen and judgment; able to maturely handle sensitive and confidential information
- Ability to lead change effectively; communicate complex information and recommendations to key stakeholders and influence good outcomes
- Ability to work efficiently in a fast-paced environment and balance multiple complex projects and decisions at once
- Ability to focus on the essential issues and simplify complexity for the team and the business
- Always pushing the envelope - constantly seeking ways to improve and raising the bar
- Develop and drive an innovative total rewards philosophy and strategy that aligns with Affirm's business objectives and enhances the employee experience.
- Leverage analytics, data visualization, planning, process efficiency, and critical thinking to inform decision-making and strategy development.
- Ensure that our total rewards practices are equitable. This includes regularly reviewing our practices for potential biases and making necessary adjustments to promote fairness and equality.
- Partner and collaborate internally with executives, senior leaders, and board members and externally with vendors and consultants regarding matters of significance to the organization.
- Compensation: Oversee the design and management of innovative compensation solutions for the company, design and manage executive compensation programs, and partner with the CPO on preparation for the Compensation Committee.
- Incentives: Oversee the design and management of corporate and functional incentive programs to motivate and reward employees. Own and oversee the process by which sales incentive programs are designed. Ensure that these programs are effective, fair, and aligned with rewarding the right business outcomes.
- Benefits: Oversee the design and management of Affirm's market leading benefits programs. This includes health and wellness benefits, retirement plans, and other employee perks. Ensure that our benefits offerings are competitive, cost-effective, and aligned with our overall total rewards strategy.
- Recognition: Oversee the design and management of Affirm's employee recognition programs. Ensure that these programs effectively acknowledge and recognize employees for their contributions to the company.
Affirm offers point-of-sale financing solutions as an alternative to traditional credit cards. It allows consumers to make purchases and pay over time through installment plans, often without hidden fees or deferred interest. Affirm partners with merchants to integrate its payment solutions into online and in-store shopping experiences, using user-friendly plugins and APIs. The company generates revenue from interest and fees on loans to consumers, as well as fees from merchants for offering its financing options. Affirm also provides 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 markets.
Company Stage
IPO
Total Funding
$1.1B
Headquarters
San Francisco, California
Founded
2012
6 month growth
↓ -4%1 year growth
↓ -4%2 year growth
↓ -10%
Simplify's Take
What believers are saying
- Affirm's partnership with Adyen expands its reach in North America.
- Affirm's $4 billion partnership with Sixth Street boosts financial stability.
- Affirm's BNPL services gain traction among high-income consumers.
What critics are saying
- Increased CFPB regulation could raise compliance costs for Affirm.
- Affirm faces competition from new entrants in the BNPL market.
- Reliance on partners like Adyen and Apple poses potential revenue risks.
What makes Affirm unique
- Affirm offers transparent installment loans with no hidden fees or surprises.
- Affirm partners with over 2,000 merchants, including major retail brands.
- Affirm's user-friendly APIs enable seamless integration with online and in-store platforms.
Help us improve and share your feedback! Did you find this helpful?
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.