Level

Affirm

Quantitative Analyst II (Capital Structuring & Analytics)

Affirm is hiring a Quantitative Analyst II (Capital Structuring & Analytics) for a remote role open to applicants in Canada. It pays $117k-$167k a year and Level rates it ; you can apply on Affirm.

Level's read on this job

  • On Level's scale, this role is Little AI ●○○○: aI is not part of the work.
  • This is listed as a remote role.
  • The posting mentions Python, SQL and Intex among its tools and skills.
  • Level classes it as a mid-level role.
  • Affirm has 224 other open roles on Level.

AI in this role

Quantitative analyst developing capital structuring and pricing models for consumer loan portfolios.

pythonsqlintexbloomberg
quantitative-modelingcapital-marketsfinancial-analysisasset-backed-securitization

At Affirm, we exist for the moments that matter—giving people a clear, predictable way to pay over time, with no hidden fees, no surprises, and no tradeoffs on what matters most.

About the Capital Team 

The Capital team manages the financial foundation that supports Affirm’s lending and innovation. We lead the funding, liquidity, and risk management strategy across capital markets, treasury, deal structuring, analytics, and bank partnerships. The team secures efficient funding while supporting sustainable business growth. We balance cost, flexibility, and risk to ensure Affirm’s financial resilience through all economic cycles. By optimizing capital structure and managing liquidity, we help build a scalable and resilient financial platform.

We’re looking for a smart, driven individual to join our Quantitative Markets team. The team is responsible for structuring and pricing Affirm’s debt funding deals, developing platforms and tools for optimizing funding strategies, and building models to analyze and predict the performance of Affirm’s consumer loans. The ideal candidate will have experience in structuring asset-backed transactions, working with rating agencies, and building quantitative models. Given the cross-functional nature of the role, the ideal candidate should have strong interpersonal and communication skills.

What You’ll Do

  • Work closely with the Capital Markets team to evaluate, structure and price consumer asset-backed transactions

  • Develop and enhance capital structuring and pricing models tailored to Affirm’s consumer loan portfolio to enable efficient deal execution

  • Build quantitative models to analyze and predict the performance of Affirm’s consumer loans

  • Provide insights on capital markets deals to cross-functional teams for more optimal and efficient funding strategy and merchant pricing

  • Partner cross-functionally with our Capital Markets, Treasury, Merchant Pricing, Credit, Commercial, Product and Engineering teams to evaluate funding, product, and business decisions

What We Look For

  • 2+ years of relevant experience structuring asset-backed transactions, forecasting consumer loan performance, and/or building quantitative models

  • Experience with industry-standard tools such as Intex/Bloomberg and working with accountants, rating agencies, and internal/external partners

  • Experience with SQL, Python, or other scripting languages

  • Strong interpersonal and communication skills, and ability to collaborate and influence across different teams in the organization

  • A proactive leader that can seek out new opportunities, drive projects, navigate ambiguity and develop creative solutions with minimal guidance

  • Desire to understand the broader context of business decisions

Pay Grade - K
Equity Grade - 4

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: $117,000 - $167,000

This posting is for an existing vacancy.

#LI-Remote

Remote-first with flexibility built in
Affirm is proud to be 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 due to the nature of the work. All new hires will be invited to attend an in-person onboarding experience.

Benefits designed for you
Our benefits reflect our commitment to care, transparency, and flexibility. Here are a few highlights:

  • Health coverage at no cost: We cover 100% of premiums for employees and their dependents.
  • Spending stipends: Monthly stipends support your tech setup, and the ability to choose health and wellness options that are right for you.
  • Time off to recharge: Flexible time off and generous holiday calendars help you rest when you need to.
  • Own a piece of what you build: Our employee stock purchase plan (ESPP) lets you buy Affirm stock at a discount.

We’re committed to providing an inclusive interview process, including accommodations for candidates with disabilities. If you need support, we’re happy to help.

For positions based in San Francisco or Los Angeles: Affirm considers qualified applicants with arrest and conviction records, as required by law.

By clicking "Submit Application," you acknowledge that you have read Affirm's Global Candidate Privacy Notice and consent to the use of your personal information as described.

How we rate this

Quantitative Analyst II (Capital Structuring & Analytics) at Affirm rates 10 out of 100 for how much of the daily work is AI. That makes it Little AI (AI Level 1 of 4). The level is about AI in the job, not seniority.

Classification

Little AI. AI is not part of the work.

  1. ●●●● Builds AI80 to 100
  2. ●●●○ Works on AI60 to 79
  3. ●●○○ Uses AI40 to 59
  4. ●○○○ Little AI0 to 39

Levels come from how often the tools, models and workflows of the role are named in the posting itself. Read the description and count the AI tools, models and workflows it names.

Prepare for this job

Built from this posting and from similar jobs on Level.

Skills and AI tools this role asks for

Quantitative ModelingCapital MarketsFinancial AnalysisAsset Backed SecuritizationPythonSQLIntexBloomberg

Questions you could be asked

  1. Tell me about a project where quantitative modeling was part of your work. What did you do?
  2. Tell me about a project where capital markets was part of your work. What did you do?
  3. Tell me about a project where financial analysis was part of your work. What did you do?
  4. Tell me about a project where asset backed securitization was part of your work. What did you do?
  5. Walk me through how you've used Python in your day-to-day work.

Adapt your resume

  • List these exact terms on your resume: Quantitative Modeling, Capital Markets, Financial Analysis, Asset Backed Securitization, and Python. An applicant tracking system matches the wording, not the idea.
  • Attach one line of real, concrete experience to at least one of them. A tool named with nothing behind it rarely survives a human read.

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