Full-Time

Contract Management Specialist II

Posted on 11/15/2024

Affirm

Affirm

1,001-5,000 employees

Provides buy now, pay later financing solutions

Fintech
Financial Services

Compensation Overview

$88k - $140kAnnually

+ Equity Rewards + Monthly Stipends

Mid

No H1B Sponsorship

Remote in USA

Category
Contract Management
Legal & Compliance
Requirements
  • 3+ years of relevant experience at a law firm or in-house, particularly at a high-growth start-up or in the financial technology industry, is preferred
  • Outstanding organizational and time management skills
  • Extreme attention to detail, willingness to handle a high volume of tasks, ability to adjust on the fly, problem-solving skills, intellectual maturity, business acumen, proactivity and a great attitude
  • Excellent writing, communication and interpersonal skills
  • Ability to work independently, handle multiple projects, prioritize and meet deadlines
  • Humility, integrity and a desire to be part of a strong, supportive team; you take your work seriously but not yourself
Responsibilities
  • Draft, review, negotiate and analyze NDAs, order forms, terminations, assignment letters, amendments and other commercial agreements
  • Track contract data, route contracts for signature, and process executed contracts in accordance with department procedures
  • Maintain an efficient legal filing system and manage retention of electronic documents within Affirm’s contract lifecycle management system
  • Support Commercial Legal operations and administration
  • Create and maintain contract templates, webpages and training materials
  • Assist with special projects as needed, with the ability to work in an ever-changing and high-speed environment
  • Provide general administrative support to the Commercial Legal team
  • Interact cross-functionally with other departments and outside counsel as needed

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.