Quantitative Analyst II

Affirm

111d • $124,000 - $190,000

About The Position

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 role involves developing and enhancing capital structuring and quantitative finance models used for pricing, tailored to Affirm’s consumer loan portfolio to enable efficient deal execution. Responsibilities include building quantitative models to track portfolio risk metrics, analyzing large-scale financial data, and evaluating funding and product decisions with cross-functional teams. The position also involves structuring Asset-Backed Security (ABS) transactions and forecasting consumer loan performance using advanced statistical techniques and programming languages like Python and SQL.

Requirements

• Master’s degree (or foreign equivalent) in Mathematical Finance, Mathematics or related field.
• 2 years of experience in SQL and Python for in-depth analysis of large-scale datasets.
• Experience with Intex and Bloomberg to price fixed income products.
• Conducting quantitative analysis for financial asset and derivative pricing.
• Strong understanding of financial risk management, Stochastic Calculus, Fixed Income, Derivative Pricing, Statistics, and Machine Learning.

Responsibilities

• Develop and enhance capital structuring and quantitative finance models for pricing.
• Build quantitative models to track portfolio risk metrics.
• Analyze large-scale financial data and provide insights on capital markets deals.
• Evaluate and perform in-depth analysis to inform funding, product, and business decisions.
• Structure Asset-Backed Security (ABS) transactions and forecast consumer loan performance.

Benefits

• 100% subsidized medical coverage for you and your dependents.
• Generous stipends for spending on Technology, Food, various Lifestyle needs, and family forming expenses.
• Competitive vacation and holiday schedules.
• Employee stock purchase plan enabling you to buy shares of Affirm at a discount.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Master's degree
• Number of Employees: 1,001-5,000 employees