Senior Manager, Treasury

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 is looking for a Senior Manager, Treasury to oversee our industry-leading liquidity planning capabilities and financial risk management practice. As an integral part of our Treasury team, you will have the opportunity to lead the development of new analytical capabilities and cross functional processes to optimize global liquidity and manage market risk thoughtfully. The role requires a deep understanding of financial markets, the ability to develop and execute liquidity and financial market risk mitigation strategies to ensure the stability and resilience of our organization.  

The ideal candidate will not only have the technical skills to support their recommendations, but is also comfortable working in an ambiguous and rapidly evolving environment. Strong communication and organizational skills, attention to detail, and a passion for leading and mentoring Treasury team members are also keys to your success.

What you'll do

Liquidity Management 

• Manage Affirm's critical cash flows - spanning capital markets activities, new product investments, and the money movement ecosystem

• Oversee and enhance liquidity models and analytics to produce monthly and daily cash flow forecasts to ensure liquidity is appropriately positioned across geographies

• Conduct liquidity stress testing to calibrate liquidity buffers and evaluate the resilience of the organization under adverse conditions

• Lead the development of new liquidity metrics to identify emerging risks

• Maintain a comprehensive view of liquidity sources and uses to enhance liquidity deployment insights

• Maintain and annually recalibrate liquidity risk limits and EWIs

• Prepare and summarize analyses for senior management outlining the company's liquidity position and risk management strategies

• Measure portfolio investment performance and provide regular updates to management

• Recommend and implement updates to investment guidelines as needed

• Support SOX compliance for investment program

• Manage investment income forecasts, portfolio risk and performance reports, conduct ad hoc analyses

• Collaborate with other departments, such as Capital Markets, Strategic Finance, Tax, and Legal, to ensure alignment of liquidity strategies with overall financial objectives

• Cultivate cross functional partnerships and build analytics to enable product ambitions

Market risk management

• Identify, assess, and quantify market risks associated with interest rates, FX exposures, and credit exposure in our investment portfolio

• Develop and implement risk mitigation strategies and policies to mitigate the impact of financial risks on the organization's financial performance

• Run and enhance interest rate sensitivity model to ensure interest rate exposures remain within risk appetite

• Design and calibrate FX risk limits, cash-flow at risk simulations, and develop recommendations for FX risk management actions 

• Partner with Funding Planning and Capital Markets teams to develop recommendations for interest rate risk management actions to Capital leadership

• Lead projects to extend US risk management practices to international businesses 

• Maintain interest rate risk reporting, conduct ad hoc analyses 

• Partner with Accounting, support SOX compliance for interest rate derivatives

• Monitor financial markets and economic conditions to stay informed about emerging risks and trends that may impact the organization

• Provide training and guidance to junior staff on market risk management best practices and ensure risk awareness across the organization

What we look for

• 5+ years of relevant experience, with a strong understanding of Capital Markets-based funding sources, interest rate and FX risk management or an equivalent background in corporate finance or investment banking 

• Bachelor’s degree in Business, Finance, Accounting or related field.  CFA or CPA a plus

• Fluency in macroeconomics, financial markets, financial instruments (including derivatives), and risk management techniques

• Strong quantitative background and data-orientation, with proficiency in SQL, Excel and demonstrated modeling and cash flow forecasting experience<