Merchant Risk Underwriter
Affirm is reinventing credit to make it more honest and friendly, giving consumers the flexibility to buy now and pay later without any hidden fees or compounding interest. Affirm, Inc. proudly includes Affirm, PayBright, and Returnly.
As a company that offers clear and transparent financing to consumers, we are extremely attentive to ensuring that our merchant partnerships are successful for Affirm, our merchants, and most importantly, our customers! Our merchant partners encompass various industries and business models, ranging from venture-backed e-commerce startups to publicly-traded enterprises.
As a Merchant Underwriter, you will assess financial risk related to credit, fraud and identity associated with the merchants. You will also coordinate with cross-functional partners to assess non-financial risk - brand, reputational, legal and compliance risk.
*This role requires someone who can work overtime on weekends 2 hours/day every other weekend as business needs arise
What you'll do
- Assess various risks and determine credit exposure risk on new and existing merchants to determine an appropriate course of action
- Use business credit reports, investigative research tools, and financial market data to conduct risk assessments
- Conduct ongoing monitoring of credit, fraud, and dispute/chargeback trends by merchants in order to detect changes and anomalies from expected performance
- Leverage your knowledge to provide guidance towards the automation/improvements of merchant risk evaluation
What we look for
- 1-2 years of experience in assessing merchant risk in a function such as Merchant/Seller Risk Management, Fraud, or Merchant Underwriting
- Someone who can work overtime on weekends 2 hours/day every other weekend as business needs arise
- Experience reviewing financial statements and/or payment processor statements
- Demonstrates an appropriate sense of accountability, ownership, urgency, and execution
- Ability to thrive in a dynamic and fast-paced environment
Location - Remote U.S.
Grade - USA25
Affirm is proud to be a remote-first company! The majority of our roles are remote and can be located anywhere in the U.S. and Canada (with the exception of the U.S. Territories, Quebec, Yukon, Nunavut, and the Northwest Territories) unless the job indicates a different global location. We are currently building operations in Spain, Poland, and Australia. Employees in remote roles have the option of working remotely or from an Affirm office in their country of hire, and may occasionally travel to an Affirm office or elsewhere for required meetings or team-building events. Our offices in Chicago, New York, Pittsburgh, Salt Lake City, San Francisco and Toronto will remain operational and accessible for anyone to use on a voluntary basis, subject to local COVID-19 guidelines.
All full-time jobs at Affirm (excluding interns and apprentices) are tied to a transparent grade-based pay range taking location into account.
[Colorado Candidates] In accordance with Colorado’s Equal Pay for Equal Work Act, the grade for this position in Colorado is listed above. You can find the Colorado base pay range and benefits here.
At Affirm, People Come First is one of our core values, and that’s why diversity and inclusion are vital to our priorities as an equal opportunity employer. You can read about our D&I program here and our progress thus far in our 2021 DEI Report.
We also believe It’s On Us to provide an inclusive interview experience for all, including people with disabilities. We are happy to provide reasonable accommodations to candidates in need of individualized support during the hiring process.
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Affirm offers a straightforward approach to credit by allowing consumers to buy now and pay later, all while eliminating hidden fees and compounding interest. This commitment to transparency and flexibility sets Affirm apart in the financial services landscape, making credit more accessible and consumer-friendly.
- Founded
- Founded 2012
- Employees
- 500+ employees
- Industry
- Diversified Financial Services