Financial Model Risk Management Lead

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. The Enterprise Risk & Internal Audit department protects Affirm’s operations and long-term success. The Model Risk Management (MRM) team serves as Affirm's second line of defense, establishing and overseeing an effective model risk management framework.

As a Lead validator for Finance and Analytics models, you will 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. You will lead end-to-end validation engagements on high-complexity, high-criticality models, identify model weaknesses, and articulate findings to technical and non-technical stakeholders. You will collaborate with model owners across Finance, Quantitative Research, and Growth Analytics to remediate findings and strengthen model governance, and partner with Internal Audit, Internal Controls, Accounting, and Compliance for timely resolution of audit and regulatory requests.

We look for 4–6 years of professional experience in model development, model validation, quantitative finance, or data analytics, with meaningful exposure to financial and/or analytics model validation. Deep knowledge of corporate finance, treasury, ALM, and/or actuarial/statistical forecasting is required. Experience with scripting languages (e.g., Python) and large-scale datasets (e.g., SQL) is essential, as is comfort reviewing models built in Excel, Python, Databricks, or similar environments. Experience with statistical modeling, time-series forecasting, simulation, and/or machine learning techniques is a plus. A BS, MS, or PhD in a quantitative field is required.

Pay Grade - M, Equity Grade - 8. CAN base pay range per year: $145,000 - $205,000. Affirm offers a total compensation package that may include equity rewards, monthly stipends for health, wellness and tech spending, and benefits including 100% subsidized medical coverage, dental and vision for you and your dependents. Additional benefits include health care coverage, flexible spending wallets, time off, and an employee stock purchase plan.

Affirm is proud to be a remote-first company. This role is remote within Canada.