About Us:

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.

About the Position

We are looking for a Risk & Payments Operations Specialist to help us scale operations and grow our capital products.

This role will be a critical operator of the company's product suite by providing a positive experience for the small businesses we support. You will be responsible for running and building best-in-class processes for payments and fraud. You will become an expert on Parafin’s Capital products, digging deep into the details to solve problems, and being an on-the-ground operator to support day-to-day functions, from troubleshooting payment issues to data analysis to building documentation.

Are you an adaptable all-rounder who is passionate about building at scale, while enjoying rolling up your sleeves to get the job done? Are you excited to work collaboratively at a fast-growing startup to help grow small businesses? If so, come join us!

What You’ll Be Doing:

Assist in developing operational solutions to help evaluate complex business risk issues in a fast-paced environment
Find solutions to automate and streamline ops processes, leading efforts to build in-house or find external vendors
Conduct reviews to assess risk factors for high-priority merchants
Troubleshoot and resolve payment issues with our merchants, while providing high-quality service via email and phone
Manage cross-functional work streams with our customer support, data science, compliance, and engineering teams to improve the merchant experience and grow capital originations
Review current processes and provide feedback on how to improve product operations and Parafin as a whole
Work closely with our partners to identify areas of risk and investigate fraudulent behavior
Use data-driven analysis to identify areas of optimization and growth

What We’re Searching For:

3 - 5 years of work experience
2 - 3 years of operational experience working in a fintech startup, bank, or payments company
Strong understanding of payments
Excellent communication skills
Strong quantitative / detail-oriented background
Thrive in an entrepreneurial environment

We Prefer If You Have:

Experience with fraud/ risk management
Strong understanding of, or desire to learn, about a capital or lending product
Fluency in, or desire to learn, data analysis skills and tools, such as SQL / R / Python

What We Offer

Salary Range: $118k - $123k
Equity grant
Medical, dental & vision insurance
Unlimited PTO
Work from home flexibility
Commuter benefits
Free lunches
Paid parental leave
401(k)
Employee assistance program

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.