Parafin

Parafin

Data Scientist, Underwriting

San Francisco, CA · Senior

Sponsorship not specified$190k-$230kDetected 123 days ago
Machine LearningData AnalysisData ScienceLLMsA/B TestingCustomer SupportElectrical EngineeringResearchExperimental DesignLeadershipCollaborationUnderwriting

About the role

  • Small businesses are the backbone of our economy, but traditional banks often don't have their backs.
  • Parafin is backed by prominent venture capitalists including GIC, Notable Capital, Redpoint Ventures, Ribbit Capital, and Thrive Capital.
  • Parafin is a Series C company, and we have raised more than $194M in equity and $340M in debt facilities.

Responsibilities

  • You will quickly learn new methods, apply them across diverse areas of the business, and implement them robustly.
  • You will develop expertise in specific areas of the business, but may tackle projects across domains as our priorities evolve.
  • You'll own the full data-science lifecycle, from research to deployment, to power our underwriting engine.
  • Design experiments and metrics to drive risk and pricing decisions
  • Partner with engineering and product teams to architect automated underwriting systems
  • Build or source tools to boost the team's efficiency
  • Build trusted relationships with stakeholders
  • Document work, seek feedback, and share learnings proactively

Skills

  • Training a quantile regression model to forecast the distribution of SMB revenues and precisely size our financing offers
  • Performing risk-based pricing optimization and experimentation
  • Design, train, and deploy production underwriting models
  • Identify business opportunities to improve growth and profitability via improvements to our underwriting posture
  • Statistical Reasoning
  • Approach data analysis with a critical, intellectually honest eye
  • Design concise metrics that guide decision making
  • Employ robust experimental design and causal inference methods
  • Develop valid and predictive machine learning models
  • Business Acumen
  • Identify and effectively prioritize business problems
  • Solve business problems using appropriate data science techniques

Compensation

  • Salary: $190k-$230k + EQ
  • Senior Level Salary: $240-$300k + EQ

Benefits

  • Medical, dental & vision insurance
  • Commuter benefits
  • Paid parental leave

Company info

  • At Parafin, we're on a mission to grow small businesses.
  • Small businesses are the backbone of our economy, but traditional banks often don't have their backs. We build tech that makes it simple for small businesses to access the financial tools they need through the platforms they already sell on.
  • We partner with companies like DoorDash, Amazon, Worldpay, and Mindbody to offer fast and flexible funding, spend management, and savings tools to their small business users via a simple integration. Parafin takes on all the complexity of capital markets, underwriting, servicing, compliance, and customer service for our partners.
  • We're a tight-knit team of innovators hailing from Stripe, Square, Plaid, Coinbase, Robinhood, CERN, and more - all united by a passion for building tools that help small businesses succeed. Parafin is backed by prominent venture capitalists including GIC, Notable Capital, Redpoint Ventures, Ribbit Capital, and Thrive Capital. Parafin is a Series C company, and we have raised more than $194M in equity and $340M in debt facilities.
  • Join us in creating a future where every small business has the financial tools they need.
  • Data science is integral to Parafin's mission.
  • Our platform partnerships and lending history provide rich insights into the financial health of small businesses around the world.
  • This empowers us to create fair, automated, and broad access to financial services.
  • We build tech that makes it simple for small businesses to access the financial tools they need through the platforms they already sell on.
  • We partner with companies like DoorDash, Amazon, Worldpay, and Mindbody to offer fast and flexible funding, spend management, and savings tools to their small business users via a simple integration.
  • Parafin takes on all the complexity of capital markets, underwriting, servicing, compliance, and customer service for our partners.
  • We're a tight-knit team of innovators hailing from Stripe, Square, Plaid, Coinbase, Robinhood, CERN, and more - all united by a passion for building tools that help small businesses succeed.

Equal opportunity

  • If you require reasonable accommodation in completing this application, interviewing, completing any pre-employment testing, or otherwise participating in the employee selection process, please contact us.
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This listing is sourced directly from Parafin's careers page and normalized into a canonical job model.