Parafin

Business Operations and Strategy Lead

San Francisco, California, United States

Not SpecifiedCompensation
Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Fintech, ConsultingIndustries

Requirements

Candidates should have at least 5 years of total work experience, with a minimum of 3 years in management consulting, operations, strategic finance, private equity, or a similar role at a technology company. Strong fluency in data analysis skills and tools, such as SQL or Looker, is required, along with experience in building and rolling out new processes from scratch. Superb communication skills in writing, data presentation, and oral communication are essential, as well as a natural problem-solving ability with data and interpersonal interactions.

Responsibilities

The Business Operations and Strategy Lead will identify, define, and execute high-impact operational and strategic initiatives across Parafin. They will apply business analytics, market research, and insights to support decision-making for pivotal business decisions. The role involves building and improving business processes while driving cross-functional alignment on priorities. Additionally, the lead will perform ad hoc analyses related to impact sizing, partner acquisition, cohort patterns, unit economics, operations, and new markets to create value for small business and platform customers.

Skills

SQL
Looker
Data Analysis
Business Analytics
Process Improvement
Strategic Planning
Problem-Solving
Communication (Written)
Communication (Oral)

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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