Simplify Logo

Full-Time

IT Security Risk Management Lead

Confirmed live in the last 24 hours

Affirm

Affirm

1,001-5,000 employees

Provides buy now, pay later financing solutions

Financial Services
Fintech

Compensation Overview

$142k - $210kAnnually

+ Equity Rewards + Monthly Stipends + Health and Wellness Benefits

Mid, Senior

Remote in USA

Category
Cybersecurity
IT & Security
Required Skills
Management
Requirements
  • 3-5 years of risk management, information security, or other relevant experience working with technical teams and balancing risk against business need.
  • Knowledge of risk and control frameworks (e.g. NIST Cyber Security Framework, ISO 2700x, SOC1 & 2 (SSAE18), PCI DSS, NIST-800-53, FFIEC Cybersecurity Assessment Tool, SANS Top 20, etc.) and experience with security practices and solutions.
Responsibilities
  • Develop complementary control frameworks that define the security responsibilities of Affirm and its third parties, including vendors, merchants, and partners.
  • Mature our third-party security risk processes by working with a broad range of technical and non-technical stakeholders.
  • Own the end-to-end execution of third-party due diligence and issues management, ensuring alignment with stakeholders throughout.
  • Design and generate metrics and reports on risk indicators, issues, and the efficiency of our operations.
  • Support Legal in our contract reviews and negotiations to ensure appropriate security terms are in place.
  • Provide best-in-class support for our client-facing teams and security assurance to our business partners as well as find opportunities to enhance this program and build internal and external relationships.
  • Fluently communicate security risks to non-experts to empower our business with valuable, actionable information.
  • Develop, curate, and disseminate security governance documentation, ensuring awareness amongst stakeholders and employees.
  • Partner with engineering and IT to define and document policies and technical procedures for secure and compliant treatment of sensitive data.

Affirm provides point-of-sale financing solutions as an alternative to traditional credit cards. Its main service is the "buy now, pay later" (BNPL) model, which allows consumers to make purchases and pay for them over time through installment plans, often without hidden fees. Affirm partners with merchants to integrate its payment solutions into both online and in-store shopping experiences, using user-friendly plugins and APIs. This integration requires minimal technical effort from merchants. Affirm generates revenue through interest and fees on the loans it offers to consumers, as well as fees from merchants who use its services. Additionally, it provides a merchant dashboard for transaction processing and marketing support, helping businesses increase conversion rates and enhance customer purchasing power. The goal of Affirm is to offer flexible payment options that benefit both consumers and merchants in the e-commerce and retail markets.

Company Stage

IPO

Total Funding

$2.9B

Headquarters

San Francisco, California

Founded

2012

Growth & Insights
Headcount

6 month growth

4%

1 year growth

4%

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.

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.