Parafin
Data Scientist, Underwriting
San Francisco, CA · Senior
Stay score
odds of building a lasting career here
Sponsors, but it's cap-subject — you still face the weighted lottery (~61% per draw at Level IV). Good if you win; have a cap-exempt backup on your list.
Lottery odds assume a STEM candidate.
Personalize to your clock →H-1B wage level
the lottery is wage-weighted — each level is one more entry
$6,565 more — $206,565 — moves this role to Level IV and 4 lottery entries. That figure is inside the range the employer already advertised.
Based on the DOL prevailing wage for this occupation and worksite, a base salary of $206,565 would place this position at wage Level IV. That figure is within the posted range, and I'd like to target it. This role classifies under "Data Scientists" for prevailing-wage purposes.
DOL prevailing wage, 2026-27 wage year · Data Scientists (15-2051) · San Francisco-Oakland-Fremont, CA. Wage level is derived by USCIS from the offered wage, occupation and worksite; the occupation shown is inferred from the job title.
Employer immigration record
from this employer's Department of Labor filings
Files H-1B transfers
Sourced from Department of Labor LCA, PERM and prevailing-wage disclosure data. Employer matching is by name, so figures may be split across an employer's legal entities. Absence of a filing means none appears in our copy of the data, not that none exists.
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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, train, and deploy production underwriting models
- Design experiments and metrics to drive risk and pricing decisions
- Partner with engineering and product teams to architect automated underwriting systems
- Design concise metrics that guide decision making
- Employ robust experimental design and causal inference methods
- Build or source tools to boost the team's efficiency
- Build trusted relationships with stakeholders
Compensation
- $200k-$260k
Benefits
- Medical, dental & vision insurance
- Commuter benefits
- Paid parental leave
- Develop valid and predictive machine learning models
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.
- Training a quantile regression model to forecast the distribution of SMB revenues and precisely size our financing offers
- Using LLMs to help build a risk model and forecast that lets us underwrite merchants on banking transaction data
- Performing risk-based pricing optimization and experimentation
- Collaborating with engineering to build a modular real-time underwriting system
- Building a simulation platform to model and evaluate conversion and risk exposure across varied configurations for our financing offers
- Ingesting new data sources from both 3rd parties and partner platforms, and evaluate their use in improving our risk predictions
- 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.
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.
This listing is sourced directly from Parafin's careers page and normalized into a canonical job model.