Description
At Affirm, we exist for the moments that matter,giving people a clear, predictable way to pay over time, with no hidden fees, no surprises, and no tradeoffs on what matters most.
The Enterprise Risk & Internal Audit department protects Affirm’s operations and long-term success. We identify, assess, and monitor risk across the business. Our work includes internal audits, regulatory assurance, fraud prevention, and crisis planning.
We're looking for a sharp, driven quantitative professional to join our dynamic Model Risk Management (MRM) team. In this role, you will oversee the underwriting and credit risk validation sector - the most critical pillar of Affirm’s MRM framework.
Responsibilities
- Sector Leadership & Team Management: Oversee the underwriting and credit risk validation sector. Lead, mentor, and manage a team of talented quantitative professionals while setting the strategic direction for this critical risk domain.
- Hands-On Model Validation: Execute rigorous, independent validations of sophisticated machine learning models across underwriting and credit risk management.
- Technical Review: Evaluate conceptual soundness, data integrity, and performance stability through comprehensive testing, in-depth reviews, and continuous monitoring to ensure model accuracy.
- Identification & Remediation: Detect critical model weaknesses and identify areas for improvement; collaborate with model owners and developers to track and resolve validation findings.
- Framework Enhancement: Partner with cross-functional stakeholders to implement and refine the enterprise-wide Model Risk Management (MRM) framework, ensuring it remains robust and innovative.
- Audit & Compliance: Coordinate with Accounting, Internal Controls, and Compliance teams to ensure all model activities meet or exceed internal standards and regulatory expectations.
Requirements
- Experience: 9+ years of professional experience in a highly technical role, such as model development, model validation, or quantitative analytics.
- Domain Expertise: Deep understanding of machine learning modeling, underwriting, and credit risk management.
- Technical Proficiency: Advanced ability to script in Python and expertise in using SQL to manipulate and analyze large-scale, complex datasets.
- Leadership & Influence: Proven track record of hiring, managing, and mentoring quantitative teams. Ability to transition seamlessly between high-level strategic oversight and detailed, hands-on technical work.
- Education: A BS, MS, or PhD in a quantitative discipline such as Statistics, Quantitative Finance, Mathematics, or Data Science.
- Analytical Mindset: A natural problem-solver with a meticulous eye for detail, a deep curiosity regarding model mechanics, and sharp critical-thinking skills.
- Communication: Exceptional interpersonal skills with a proven ability to distill and translate complex technical concepts for diverse audiences.
Benefits
- Health coverage at no cost: We cover 100% of premiums for employees and their dependents.
- Spending stipends: Monthly stipends support your tech setup, and the ability to choose health and wellness options that are right for you.
- Time off to recharge: Flexible time off and generous holiday calendars help you rest when you need to.
- Own a piece of what you build: Our employee stock purchase plan (ESPP) lets you buy Affirm stock at a discount.