Model Risk Management Lead, Machine Learning

Affirm is a financial technology company that provides a clear, predictable way to pay over time, with no hidden fees or surprises. The Enterprise Risk & Internal Audit department protects Affirm’s operations and long-term success by identifying, assessing, and monitoring risk across the business, including internal audits, regulatory assurance, fraud prevention, and crisis planning.

The Model Risk Management (MRM) team establishes, maintains, and oversees an effective MRM framework to identify, quantify, monitor, mitigate, and report on model risk throughout the company. The team works cross-functionally to develop a profound understanding of models that drive critical business decisions.

• Perform independent challenges of machine learning models used for credit underwriting, credit risk, and/or fraud detection through thorough validation and ongoing monitoring.
• Identify model weaknesses and opportunities for improvement.
• Collaborate with model owners to remediate model validation findings.
• Partner cross-functionally to implement and maintain the company’s MRM framework.
• Partner with Internal Audit, Internal Controls, and Compliance to ensure timely resolution of audit and regulatory requests.

• 4-6 years of professional experience in related technical areas such as model development, model validation, data science.
• Deep and broad knowledge and experience in machine learning modeling, credit underwriting, credit risk management, and/or fraud detection and fraud risk management.
• Proven ability to work with script languages (e.g., Python) and large-scale datasets (e.g., SQL).
• Extensive experience with machine learning platforms and frameworks (e.g., scikit-learn, pyspark) and cloud-based coding environments and databases.
• BS, MS, or PhD in a quantitative field such as Math, Data Science, Computer Science.
• Oriented toward detail, curious about data/models/algorithms, skilled at critical thinking and problem solving.
• Extraordinary interpersonal and verbal/written communication skills.

USA base pay range (CA, WA, NY, NJ, CT) per year: $185,000 - $245,000. USA base pay range (all other U.S. states) per year: $164,000 - $224,000. Total compensation 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. Affirm is a remote-first company; most roles can be done from almost anywhere within the country of employment. Some positions may occasionally require in-person work at an Affirm office, and a few are office-based. All new hires will be invited to attend an in-person onboarding experience.