Senior Associate Financing

At Alma, we are convinced that trade must be well balanced to be sustainable. Because finance has a key role in business, our mission is to put it back in its rightful place : at the service of merchants and consumers !

That’s why we create financial products that empower merchants to sell more, and help consumers purchase better products while never encouraging them to get over-indebted.

Our tech solutions are accessible to all, easy to implement, and that eliminate purchase friction.

For merchants, our instalment and deferred payment solutions are excellent ways of increasing customers’ loyalty and satisfaction, as well as generating up to 20% extra sales revenues without any risk. and they generate an incomparable level of satisfaction with 64 Net Promoter Score.

For consumers, the purchase experience is enhanced (4.7/5 on Trustpilot) and Alma helps them handle their budget easily. They pay later, Alma pays the merchants right away.

We are the leader in France, on track to win the European market on the (very) powerful Buy Now Pay Later (BNPL) industry, as we’re now processing payments in 10 European countries. Over the past 5 years, more than 11 000 merchants have chosen Alma to be their innovative BNPL solution, and we have served over 2.7 million consumers.

The team has grown from 2 to 350+ people, we raised a €210M series C early 2022 to help us accelerate further and Alma is already part of the Next40 ranking of the most promising French technology companies. And that’s only the beginning.

Purpose of the job

To support our rapid growth in France and Europe, we are looking for a Associate / Senior Associate in our Financing Team, dedicated to securing the funding / optimizing the capital Alma needs for its consumer lending activity in order to sustain its fast-growing business. It is an exciting and unique opportunity to be part of a very strategic function in a fast-growing company.

About the position

• Play a meaningful role in developing and executing on Financing strategy to enable the company’s rapid growth
• Own deal processes from start to finish, including structuring, negotiation, documentation, and execution on different type of products (securitization, collateralized bonds, credit facilities, hybrid instruments etc.)
• Create and own financial models, cross-functional discussions, and ad hoc analyses that drive strategic decisions with respect to Financing transactions
• Take charge of communication with internal Teams such as Sales and Risk to drive scale for Alma’s funding strategy
• Build and manage relationships with existing and potential investors
• Develop a strong understanding of Alma’s business from a unique perspective and learn how Financing fits into broader corporate initiatives

About you

Hard skills – theoretical knowledge

• Master degree in Finance or equivalent
• 4+ years of professional experience, especially in structured finance, fixed income investing or ALM
• Good understanding of the financing challenges of a Fintech
• Strong experience in securitization. Derivatives, ALM, capital optimization knowledge would be a strong advantage.
• Relevant experience in a fast-paced environment (early stages)
• Fluent in English, another European language is a plus.

Know-how and soft–behavioral skills

• You have outstanding problem-solving skills and an ability to design and/or scale processes
• You have a results-driven and impact-oriented mindset
• You have solid analytical skills
• You are looking for ownership, and are not afraid to “do” and take initiatives
• You are willing to have a diverse set of tasks and responsibilities
• You have an appetite for fast-growing environments and are willing to have a direct impact on the business growth
• Integrity is a fundamental pillar of your personal set of values

Hiring process

Because of the importance of this role for Alma, the process is quite intense. Yet, we'll aim at running it in 2 to 3 weeks maximum

• A visio call with our Financing Manager
• A written case study to complete at home
• A video interview to debrief the case study
• An Executive interview with our Head of Financing
• And a team fit !