Parcha

Founding Backend Engineer

San Francisco, California, United States

$175,000 – $225,000Compensation
Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
AI & Machine Learning, Fintech, Enterprise SoftwareIndustries

Requirements

Candidates must have 5+ years of experience in backend engineering, specifically with Python-based systems. They should possess deep expertise in designing and implementing scalable, distributed systems and proficiency in asynchronous programming and API development using frameworks like FastAPI, Flask, or Django. A strong understanding of asynchronous executors and workflow management systems such as Celery and Prefect is required, along with experience in cloud platforms, preferably Google Cloud, and containerization technologies like Docker and Kubernetes. Familiarity with message queues, event-driven architectures, and a solid grasp of security best practices in production environments is essential. Excellent problem-solving and communication skills, along with experience in cross-functional team collaboration, are also necessary.

Responsibilities

The Founding Backend Engineer will design and implement scalable, high-performance Python services and APIs that interface with AI-driven workflows and orchestration. They will develop and optimize asynchronous workflows for efficient handling of complex, distributed tasks and create and maintain RESTful and webhook-based APIs for third-party integrations. This role involves architecting and building robust systems that can handle enterprise-grade workloads and security requirements, implementing and optimizing complex LLM-based workflows, and collaborating with team members to ensure system designs meet product requirements and performance expectations. Additionally, the engineer will contribute to the continuous improvement of development practices, including code reviews, testing strategies, and deployment processes.

Skills

Python
API Development
RESTful APIs
Asynchronous Programming
Scalable Systems
Distributed Systems
FastAPI
Flask
Django
Celery
Prefect
LLM

Parcha

AI solutions for onboarding and compliance

About Parcha

Parcha provides AI-driven solutions that help banks and fintech companies improve their onboarding processes and ensure compliance with regulations. Their products focus on document verification, risk management, and compliance, allowing clients to onboard customers more quickly while adhering to necessary standards. Key features include Real Time Document Remediation, High Risk Industry Screening, and Business Ownership Verification, which streamline the verification process. Parcha stands out from competitors by utilizing open-source intelligence and proprietary databases to deliver thorough risk assessments. The company's goal is to enable financial institutions to grow confidently by addressing inefficiencies in onboarding and compliance through tailored subscription-based services.

Key Metrics

San Francisco, CaliforniaHeadquarters
2020Year Founded
$4.9MTotal Funding
SEEDCompany Stage
Fintech, AI & Machine Learning, Financial ServicesIndustries
11-50Employees

Benefits

Health Insurance
Dental Insurance
Vision Insurance
Unlimited Paid Time Off
Stock Options
Relocation Assistance
Professional Development Budget

Risks

Increased competition from embedded compliance technologies like Treasure API.
Brand confusion with similar platforms like AI Office on GitHub.
Data privacy challenges from reliance on open-source intelligence.

Differentiation

Parcha offers AI-powered Real Time Document Remediation for efficient compliance.
The company specializes in High Risk Industry Screening for fintechs and banks.
Parcha uses proprietary databases for comprehensive risk assessments.

Upsides

Rising demand for AI-driven compliance solutions boosts Parcha's market potential.
Growing interest in real-time document verification enhances Parcha's onboarding efficiency.
Subscription-based models offer scalable revenue streams for Parcha.

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