Applied AI Engineer at Parafin

San Francisco, California, United States

Parafin Logo
Not SpecifiedCompensation
Entry Level & New GradExperience Level
Full TimeJob Type
UnknownVisa
Fintech, SoftwareIndustries

Requirements

Candidates should have 1-4 years of experience as an early career applicant with high motivation to own entire agentic projects. Familiarity with basic LLM principles, a bias towards first-principles thinking, and strong engineering fundamentals are required. Proficiency in backend development, ideally with Python, Go, or similar languages, is necessary. A passion for building impactful financial products that empower small businesses and excellent communication and collaboration skills, especially in cross-functional settings, are essential.

Responsibilities

The Applied AI Engineer will build end-to-end GenAI-based systems from the ground up, working across the entire stack from data collection and experimentation to integration and reliability. They will shape the direction of applied GenAI areas of investment by engaging with engineering and product teams. The role involves architecting and implementing robust and scalable infrastructure, including platform-level monitoring and auditing systems, and safely integrating agents into production environments. Collaboration with cross-functional teams to deliver seamless product integrations and enhance the merchant experience is expected. The engineer will work with industry-leading GenAI libraries, frameworks, and platforms to drive successful business outcomes.

Skills

GenAI
LLMs
Data Collection
Experimentation
Integration
Reliability
ML
Risk Modeling
Financial Infrastructure

Parafin

Provides embedded financing solutions for businesses

About Parafin

Parafin provides a financing solution designed for online platforms and their merchant partners. The service allows these platforms to offer financing under their own brand, which helps them generate revenue and build loyalty with their merchants. Parafin's offerings include underwriting, funding, go-to-market strategies, servicing, compliance, and customer support. The financing is based on the sales history of the merchants, with no interest, late fees, or credit checks involved. Payments are automated and adjust according to sales, with funds available in as little as one business day. Parafin has partnered with major platforms like Amazon, MindBody, and DoorDash to facilitate quick and flexible financing for various business needs, such as opening new locations or upgrading equipment. The goal of Parafin is to support the growth of businesses by providing accessible financing options that also contribute to the revenue growth of the platforms they partner with.

San Francisco, CaliforniaHeadquarters
2020Year Founded
$184.8MTotal Funding
LATE_VCCompany Stage
Fintech, Financial ServicesIndustries
51-200Employees

Benefits

Competitive salary & equity
Health, dental, & vision
401k plan
Parental leave
Unlimited PTO
Commuter benefits
Daily lunches

Risks

Increased competition in embedded financial services could erode Parafin's market share.
Rapid technological changes may require continuous investment, straining Parafin's resources.
Economic downturns could impact demand for Parafin's services among small businesses.

Differentiation

Parafin offers a full-stack embedded financial infrastructure for small businesses.
The company partners with major platforms like Amazon and DoorDash for financing solutions.
Parafin's model includes underwriting, funding, and compliance, creating a seamless experience.

Upsides

Parafin raised $100M in Series C, boosting its valuation to $750M.
The company has grown volumes by 400% since its Series B in 2022.
Increased demand for embedded finance solutions enhances user engagement and retention.

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