Business Operations and Strategy Lead at Parafin

San Francisco, California, United States

Parafin Logo
Not SpecifiedCompensation
Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level
Full TimeJob Type
UnknownVisa
FinTech, Small Business FinanceIndustries

Requirements

  • 5+ years of total work experience
  • 3+ years in management consulting, operations, strategic finance, private equity, or a similar role at a technology company
  • Strong fluency in (or desire to learn) data analysis skills and tools, such as SQL / Looker
  • Experience building and rolling out new processes from scratch
  • Superb communication skills (writing, data, oral)
  • Natural problem solver, both with data and with people
  • Proven ability to work and thrive in productively chaotic environments
  • Ruthless prioritizer; a creative and analytical thinker
  • T-shaped skills -- equally comfortable diving deep into financial minutiae and analyses, and zooming out to frame a high-level narrative

Responsibilities

  • Identify, define, and execute high-impact operational and strategic initiatives across Parafin
  • Apply business analytics, market research, and insights to support the decision-making processes for some of the most pivotal decisions facing the business
  • Take new company functions from 0 - 1 as we build a next-generation fintech from scratch at Parafin
  • Build and/or improve business processes and drive cross-functional alignment on priorities
  • Perform ad hoc analyses related to impact sizing, partner acquisition, cohort patterns, unit economics, operations, new markets, and more
  • Do what needs to get done to help Parafin create value for our small business and platform customers

Skills

Business Operations
Strategy
Business Analytics
Market Research
Data Analysis
Cross-Functional Collaboration
Operational Initiatives
Strategic Initiatives
Process Design
Growth Strategy

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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