Affirm
Senior Counsel, Product
Job Summary
The role involves providing legal counsel on consumer financial services laws and regulations affecting products such as payments and BNPL loans. The candidate will support the entire consumer credit lifecycle, including underwriting and collections, and advise on compliance with EU and other regulatory frameworks. They should have over six years of relevant legal or financial experience, with a focus on consumer credit, payments, and fintech. The position emphasizes strategic legal advice, risk analysis, and collaboration with cross-functional teams in a fast-paced, remote-friendly environment.
Required Skills
Benefits
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.
We are looking for an energetic and hardworking product lawyer to join our Product Counsel Legal team. This individual will support the servicing and underwriting lifecycle for payments, BNPL loans, including underwriting, servicing, and collections. The best candidate will be flexible enough to engage in a wide range of projects and matters in support of Affirm’s strategic objectives. We are looking for someone who takes their work seriously, but doesn’t take themselves too seriously. If you are an individual with humility, grit, and flexibility, this is the job for you!
Come join us in our mission to change consumer finance through offering honest financial products that improve lives!
What You'll Do
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Counsel Affirm’s Business teams and other cross-functional stakeholders on relevant consumer financial services laws and regulations affecting new and existing products and services, including the PSD2, Regulatory compliance. Advise on relevant financial regulatory requirements: including PSD2, AML/KYC, EU Directive and Dutch Consumer Rights laws. e.g. PSD2, AMLD, CBPR2, MTRs, DORA, SCA)
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Foundational legal and regulatory frameworks that cover payments, e-commerce, and online platforms
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Support Affirm’s origination and servicing of loan and payment products
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Provide strategic advice regarding EU consumer finance and protection laws
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Monitor legal and regulatory developments in consumer lending and servicing
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Be a trusted advisor and teammate, sharing legal and other expertise and support when needed
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Identify and evaluate business and legal risks and act as a trusted partner for creative legal problem-solving
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Draft terms and conditions, disclosures, review copy
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Create and solve initiatives related to new and existing Affirm products to ensure business partners are supported
What We Look For
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Ideal candidate will have 6+ years of related business, government, or fintech experience, preferably with a focus on Payments, Consumer Credit, Banking, or BNPL
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Relevant education. You’re a qualified lawyer with a minimum of 5 years PQE, and ideally 7 years of professional legal experience
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Someone who has established expertise in all areas of the consumer credit lifecycle, including originations, underwriting, licensing, KYC/AML, servicing, credit reporting, & collections
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A combination of private practice and in-house experience is preferred
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A quick learner who genuinely enjoys legal analysis and collaboration in a fast-paced environment - you take your work seriously, but don’t take yourself too seriously
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Experience developing creative approaches to legal challenges while providing business-focused legal advice
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Inquisitive and proactive in identifying risks and proposing creative and effective solutions
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Strong project management, critical thinking, creativity, and analytical skills
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Someone focused on maintaining positive relationships and trust with cross-functional business partners
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Passion for improving credit products and consumer experiences
Base Pay Grade - O
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).
GBR base pay range per year: £127,000 - £167,000
#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.
Affirm
With Affirm, you can pay over time at your favorite brands. No late fees or compounding interest—just a more responsible way to say yes to the things you love.
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