Engineering Manager, Lending Products at Parafin

San Francisco, California, United States

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$235,000 – $300,000Compensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Fintech, LendingIndustries

Requirements

2+ years of experience managing a team of at least 5+ engineers
Strong technical background with experience in Python, React, and Scala
Experience in hiring, team building, and establishing a team vision
Ability to own the technical roadmap for building new products and features
Demonstrated ability to work closely with other engineering teams and cross-functional teams (Product, Design, Go To Market, Customer Success, Data Science, Operations, and Legal)
Strong communication and interpersonal skills
Ability to thrive in a fast-paced environment with high levels of ambiguity and autonomy

Responsibilities

Manage and develop a high-performing full-stack product team
Own the technical vision for providing seamless experiences and making complex financial products understandable to small businesses
Own the technical roadmap for building new products and features
Scale the backend platform and team to support new product launches and partnerships
Collaborate effectively with platform engineering teams to accelerate product building
Work closely with stakeholders across the organization
Care deeply about building high-quality software and ensuring it’s in a better state than found

Skills

Key technologies and capabilities for this role

PythonReactScalaTeam ManagementHiringTechnical RoadmapBackend ScalingStakeholder Management

Questions & Answers

Common questions about this position

What is the salary range for the Engineering Manager position?

The salary range is $235k - $300k.

Is this role remote, and are there any office requirements?

The position is primarily remote but may require occasional onsite visits.

What technical skills are required for this role?

A strong technical background with experience in Python, React, and Scala is required, along with 2+ years managing a team of at least 5+ engineers.

What is the company culture like at Parafin?

Parafin focuses on growing small businesses through financial tools and partnerships with platforms like DoorDash and Amazon, emphasizing a fast-paced environment with high ambiguity, autonomy, collaboration across teams, and building high-quality software.

How should I apply for this Engineering Manager role?

Submit your resume and a cover letter outlining your relevant experience and why you’re interested in joining Parafin; check the Parafin careers page for specific instructions.

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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