Full-Time

Analyst II

Full Stack, Consumer Engagement

Posted on 11/1/2024

Affirm

Affirm

1,001-5,000 employees

Provides buy now, pay later financing solutions

Fintech
Financial Services

Compensation Overview

$109k - $159kAnnually

+ Equity Rewards

Mid, Senior

Company Historically Provides H1B Sponsorship

Remote in Canada

Candidates must be based in Canada.

Category
Full-Stack Engineering
Software Engineering
Required Skills
Python
R
SQL
Data Analysis

You match the following Affirm's candidate preferences

Employers are more likely to interview you if you match these preferences:

Degree
Experience
Requirements
  • 3+ years of experience in an analytically-driven role (analytics, consulting, finance, etc.)
  • Strong working knowledge of SQL and/or experience with Python or R
  • Practical and theoretical knowledge of A/B testing
  • Strong interpersonal skills and ability to work cross-functionally and influence both technical and non-technical audiences
  • Ability to think creatively and critically and thrive in a fast-paced, dynamic, and often ambiguous work environment
  • Bachelor's or Master's degree in a quantitatively rigorous subject area like statistics, math, finance, economics desired
Responsibilities
  • Own end-to-end analytics workflow, including defining success, generating insights and hypotheses, performance metrics, socializing them across the organization, creating intuitive dashboards and reports, and developing scalable analytics solutions and data models
  • Lead cross-functional weekly metric reviews, working with partners to perform deep-dives into key metric movements and inform action
  • Actively drive a more data-driven culture and a standardized understanding of the health of the business among cross-functional partners
  • Proactively explore data and find opportunities to improve the user engagement, growth and profitability
  • Address ambiguous problems and formulate hypotheses into actionable and well-designed experiments
Desired Qualifications
  • Passion to redefine the lending and financial industry for the better
  • Enough laziness to find a faster way to do your least favorite tasks
  • Humility and team player - you go out of your way to help teammates

Affirm offers point-of-sale financing solutions as an alternative to traditional credit cards, primarily targeting consumers seeking flexible payment options and merchants wanting to provide these plans. Its main service is "buy now, pay later" (BNPL), allowing consumers to make purchases and pay over time through installment plans without hidden fees or deferred interest. Affirm partners with various merchants to integrate its payment solutions into their sales platforms, whether online or in-store, using user-friendly plugins and APIs. The company generates revenue from interest and fees on installment loans and from merchants who pay to offer Affirm's financing options. Additionally, Affirm 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 more purchasing power while providing merchants with tools to increase sales.

Company Size

1,001-5,000

Company Stage

IPO

Total Funding

$1.1B

Headquarters

San Francisco, California

Founded

2012

Simplify Jobs

Simplify's Take

What believers are saying

  • Affirm's partnership with Liberty Mutual boosts funding capacity for $20 billion in loans.
  • Inclusion of BNPL data in FICO scores may increase consumer trust in Affirm.
  • Affirm's entry into the UK market offers growth in a rapidly expanding BNPL sector.

What critics are saying

  • Increased competition in the UK from PayPal and Klarna may limit Affirm's growth.
  • Stock market volatility could impact investor confidence and Affirm's stock performance.
  • Slowing job market may reduce consumer spending, affecting Affirm's loan repayments.

What makes Affirm unique

  • Affirm offers transparent installment loans with no hidden fees, unlike traditional credit cards.
  • Affirm partners with over 2,000 merchants, enhancing consumer purchasing power at checkout.
  • Affirm's user-friendly APIs enable seamless integration for merchants across web, mobile, and in-store.

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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.

Growth & Insights and Company News

Headcount

6 month growth

-6%

1 year growth

-5%

2 year growth

-11%
PYMNTS
Feb 10th, 2025
Pinterest, Affirm Surge On Earnings As Ce 100 Index Gains 1.3%

Earnings reports held the key to the CE 100 Index’s momentum this past week — and among the takeaways: Buy now, pay later (BNPL) continues to see a groundswell of popularity with consumers. Most of the pillars that we track were higher, save the Work segment, which gave up 0.7%. Though company-specific headlines were scarce, the jobs report that came in on Friday noted that hiring has been slowing, at least as measured by January’s 143,000 additions.The Shop segment roared ahead by 4.8%. Pinterest’s rally was the standout here, surging 20.9%

PYMNTS
Feb 5th, 2025
First Citizens Bank And Sixth Street Partner On Equipment Financing

First Citizens Bank and global investment firm Sixth Street have launched a new platform designed to provide flexible capital equipment financing solutions to middle market companies. Dubbed Sixty-First Commercial Finance, the platform is a joint venture between Sixth Street’s Asset Based Finance platform and First Citizens Bank, the companies said in a Wednesday (Feb. 5) press release. It will be managed by First Citizens Institutional Asset Management, according to the release. Bank of America is structuring and arranging a bilateral $300 million warehouse finance facility to fund the joint venture

PYMNTS
Feb 5th, 2025
Fico Announces Plan To Add Bnpl To Credit Score Calculations

Following a joint study with buy now, pay later (BNPL) firm Affirm, FICO has said that it is planning to add BNPL data to its credit score analysis.The analytics firm said in a Tuesday (Feb. 4) news release that over the course of a year, it had studied how BNPL usage — if incorporated into its FICO scoring system through a simulation — could raise FICO scores for some new BNPL borrowers.“Given the growing popularity of BNPL loans, understanding how to effectively capture the benefit that BNPL data can have on FICO Scores is crucial to all stakeholders in the credit ecosystem,” said Ethan Dornhelm, vice president of scores and predictive analytics at FICO, said in the news release.“Our findings show that the inclusion of BNPL data via our innovative treatment can drive score increases for some consumers, while improving model risk performance for lenders.”The study compared the FICO scores of over 500,000 consumers who opened at least one new Affirm BNPL loan against a benchmark population of consumers without an Affirm BNPL loan, according to the release. FICO simulated the inclusion of these loans into consumers’ credit reports, then studied the potential impact to their credit scores.The study found that for the over 85% of consumers who had opened a new BNPL account, there was generally a consistent impact on their FICO scores. It also found that impacts on FICO Score predictiveness ranged “from modest improvement to no adverse impact, across a range of different use cases.”“Based on learnings from this industry-leading analysis, FICO is developing a solution to introduce its proprietary treatment of BNPL data to the credit-scoring marketplace,” the company said in the release. “FICO will be releasing more information on this exciting product development soon.”The news comes as more consumers are opting for installment payments over using their credit cards.Over 56% of consumers said they used BNPL options last year, PYMNTS Intelligence found, with 76% of these users reporting high levels of satisfaction. In addition, BNPL offers paycheck-to-paycheck consumers a financial lifeline; these consumers are four times more likely to turn to BNPL than their non-paycheck-to-paycheck counterparts

PYMNTS
Feb 3rd, 2025
Ce 100 Index Adds 0.9% As Visa And Mastercard Lead Payments Names Higher

The CE 100 Index was boosted this past week by the Pay and Be Paid sector. As is always the case as the first few weeks of the year unfold, quarterly results drove investor sentiment and stock prices. Earnings from Visa and Mastercard were key drivers in the segment, with positive commentary and data on consumer spending. As a result, the pillar was up 2.5%.Payment Networks Weigh In. Mastercard’s stock gathered 4.8%

PYMNTS
Jan 24th, 2025
Affirm: New Capital Partnership Will Boost Access To Flexible Payment Options

Payment network Affirm Holdings said in a Friday (Jan. 24) press release that its newly expanded capital partnership with Liberty Mutual Investments (LMI) will increase consumers’ access to Affirm’s flexible payment options.The companies began their long-term capital partnership in 2019, added a forward flow loan purchase program in 2023 and upsized that program so that through June 2027, LMI will purchase Affirm’s installment loans on a forward flow basis, in amounts up to $750 million outstanding, they said in a Friday (Jan. 24) press release.LMI expects to invest up to $5 billion in the program over time, according to the release.“Affirm’s mission to deliver honest financial products that improve lives is premised on driving positive credit outcomes, having access to deep and diverse pools of committed capital, and leveraging the power of partnerships across our network,” Affirm Chief Capital Officer Brooke Major-Reid said in the release. “With a strong partnership spanning six years, we are excited to take this next step with Liberty Mutual Investments.”John Kim, managing director and head of Alternative Credit at Liberty Mutual Investments, said in the release that LMI looks forward to further strengthening the partnership.“Liberty Mutual Investments’ ability to invest across the capital structure with a single-client focus allows us to flexibly provide solutions and scale to our long-term partners, like Affirm,” Kim said.Affirm maintains a “diverse and durable” funding model across multiple channels and with more than 130 distinct investors, according to the release.The company increased its total funding capacity by more than 50% over the last two years, bringing it to $16.8 billion as of Sept. 30, per the release.Affirm announced in December that it formed a long-term capital partnership with global investment firm Sixth Street that will see that firm invest up to $4 billion by purchasing Affirm loans in a three-year forward flow agreement.That capital commitment will enable Affirm to extend up to $20 billion in loans over the next three years, the companies said at the time. Sixth Street said it plans to continue building on this relationship and supporting Affirm’s growth in the years to come.In November, Affirm said it owns a third of the volume and more than half of the revenue in the U.S

INACTIVE