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    • Perform independent challenges of machine learning models used for credit underwriting, credit risk, and/or fraud detection through thorough validation and…
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    • Join Affirm as a Machine Learning Engineering Manager and become a pivotal part of our innovative underwriting machine learning group.
    • 100% medical, dental, and vision coverage.
    • Experience with the business of insurance or other regulated financial products (underwriting, policy administration,…
    • Minimum of 6 years of individual life underwriting experience including experience with substandard business, medical and financial underwriting.
    • Communicate underwriting decisions to agents and clients.
    • 3+ years of personal lines underwriting experience.
    • Document underwriting decisions and maintain risk…
    • Flexible medical, dental, vision and extended health care coverage.
    • You’re good at making real connections with potential clients because you have great…
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    • Knowledge of individual life and health underwriting and advanced financial underwriting are assets.
    • 4+ years work experience in individual underwriting, three…
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    • Provide underwriting feedback to brokers on carrier products, policies and requirements.
    • Consistently follow up on cases and obtain medical vendor/carrier…
    • Product experience: Minimum 3-4 years of prior product or relevant experience in consumer finance, payments, underwriting, and machine learning models.
    • Base pay is part of a total compensation package that may include monthly stipends for health, wellness and tech spending, and benefits (including 100%…
    • Maintain data integrity and adhere to underwriting standards and practices in order to support all underwriting processes, minimize risk, ensure compliance, and…
    • Comprehensive health coverage designed to support you and your family, including medical, dental, vision, and wellness resources for US and supplemental health…
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    • Experience partnering with ML / data science teams, particularly in underwriting or model performance monitoring.
    • How you'll make an impact.
    • Comprehensive health coverage designed to support you and your family, including medical, dental, vision, and wellness resources for US and supplemental health…
    • Evaluate and manage insurance partnership structures, including carrier relationships, agency/broker models, underwriting partners, claims partners, and…
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Job Post Details

Model Risk Management Lead, Machine Learning - job post

Affirm
3.7 out of 5 stars
Toronto, ONRemote
$145,000–$205,000 a year
You must create an Indeed account before continuing to the company website to apply

Job details

Pay

  • $145,000–$205,000 a year

Benefits

Pulled from the full job description

  • Employee stock purchase plan
  • Vision care
  • Dental care
  • Extended health care

Full job description

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.

About Enterprise Risk & Internal Audit

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. The team maintains strong controls, tracks key risk indicators, and ensures readiness for external reviews. We uphold accountability, transparency, and resilience to support responsible growth.

About the Team

We're looking for an intelligent, driven professional to join our Model Risk Management (MRM) team. This team seeks to establish, maintain and oversee an effective MRM framework to identify, quantify, monitor, mitigate and report on model risk throughout the company. You will have an outstanding opportunity to work cross-functionally to develop a profound understanding of models that drive critical business decisions, and add value to the company by mitigating risks due to ineffective model design or model misuse.

What You'll Do

  • 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

What We Look For

  • 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 dataset (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

Pay Grade - M
Equity Grade - 5

Employees new to Affirm typically come in at the start of the pay range. Affirm focuses on providing a simple and transparent pay structure which is based on a variety of factors, including location, experience and job-related skills. Base pay is part of a total compensation package that may include monthly stipends for health, wellness and tech spending, and benefits (including 100% subsidized medical coverage, dental and vision for you and your dependents). In addition, the employees may be eligible for equity rewards offered by Affirm Holdings, Inc. (parent company).

CAN base pay range per year: $145,000 - $205,000

This posting is for an existing vacancy.

#LI-Remote

Affirm is proud to be a remote-first company! The majority of our roles are remote and you can work almost anywhere within the country of employment. Affirmers in proximal roles have the flexibility to work remotely, but will occasionally be required to work out of their assigned Affirm office. A limited number of roles remain office-based due to the nature of their job responsibilities.

We're extremely proud to offer competitive benefits that are anchored to our core value of people come first. Some key highlights of our benefits package include:

  • Health care coverage - Affirm covers all premiums for all levels of coverage for you and your dependents
  • Flexible Spending Wallets - generous stipends for spending on Technology, Food, various Lifestyle needs, and family forming expenses
  • Time off - competitive vacation and holiday schedules allowing you to take time off to rest and recharge
  • ESPP - An employee stock purchase plan enabling you to buy shares of Affirm at a discount

We 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.

[For U.S. positions that could be performed in Los Angeles or San Francisco] Pursuant to the San Francisco Fair Chance Ordinance and Los Angeles Fair Chance Initiative for Hiring Ordinance, Affirm will consider for employment qualified applicants with arrest and conviction records.

By clicking "Submit Application," you acknowledge that you have read Affirm's Global Candidate Privacy Notice and hereby freely and unambiguously give informed consent to the collection, processing, use, and storage of your personal information as described therein.

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