Note: The job is a remote job and is open to candidates in USA. Affirm is reinventing credit through transparent and flexible buy-now-pay-later solutions. The company is seeking a Financial Model Risk Management Lead to independently validate complex financial and analytics models, identify model risks, and strengthen model governance. The role collaborates with Finance, Quantitative Research, Growth Analytics, Internal Audit, Internal Controls, Accounting, and Compliance stakeholders.
Responsibilities
- Perform independent challenges of financial and analytics quantitative models — including ALM, allowance/loss forecasting, loan transition models (LTM), corporate financial planning models, take-up and engagement models, and related decision-support analytics — through rigorous validation and ongoing monitoring
- Lead end-to-end validation engagements on high-complexity, high-criticality models
- Identify model weaknesses, limitations, and opportunities for improvement; articulate findings clearly to technical and non-technical stakeholders
- Collaborate with model owners and stakeholders across Finance, Quantitative Research, and Growth Analytics to remediate validation findings and strengthen model governance
- Partner cross-functionally to implement and maintain the company's MRM framework
- Partner with Internal Audit, Internal Controls, Accounting, and Compliance to ensure timely resolution of audit, regulatory, and examiner requests
Skills
- 4–6 years of professional experience in related technical areas such as model development, model validation, quantitative finance, or data analytics — with meaningful exposure to financial and/or analytics model validation
- Deep and broad knowledge of corporate finance, treasury, ALM, and/or actuarial/statistical forecasting
- Proven ability to work with scripting languages (e.g., Python) and large-scale datasets (e.g., SQL); comfort reviewing models built in Excel, Python, Databricks, or similar environments
- Experience with statistical modeling, time-series forecasting, simulation, and/or machine learning techniques as applied to finance and analytics use cases
- BS, MS, or PhD in a quantitative field such as Quantitative Finance, Financial Engineering, Mathematics, Statistics, Economics, Computer Science, or Data Science
- Detail-oriented and intellectually curious about data, models, and business context; skilled at critical thinking and structured problem-solving
- Extraordinary interpersonal and verbal/written communication skills — able to influence model owners, present to senior stakeholders, and navigate cross-functional remediation
- Experience in credit underwriting, credit risk management is a plus
Benefits
- Equity rewards may be included as part of the total compensation package.
- Monthly stipends for health, wellness and tech spending may be included as part of the total compensation package.
- 100% subsidized medical coverage, dental and vision for you and your dependents.
- Affirm is proud to be a remote-first company! The majority of our roles are remote and you can work almost anywhere within the country of employment.
- Health care coverage - Affirm covers all premiums for all levels of coverage for you and your dependents
- Flexible Spending Wallets - generous stipends for spending on Technology, Food, various Lifestyle needs, and family forming expenses
- Time off - competitive vacation and holiday schedules allowing you to take time off to rest and recharge
- ESPP - An employee stock purchase plan enabling you to buy shares of Affirm at a discount
Company Overview
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