Risk Operations Program Manager

San Francisco, California, United States

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Not SpecifiedCompensation

Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level

Full TimeJob Type

UnknownVisa

Fintech, Financial ServicesIndustries

Requirements

Candidates should possess a Bachelor's degree in a related field, along with a minimum of 5 years of experience in operations program management, preferably within the financial technology or risk management sector. Strong analytical and problem-solving skills are essential, as is the ability to thrive in ambiguous environments and make informed trade-offs. Experience with the card payment ecosystem, KYC systems, and ACH money movement systems is desired.

Responsibilities

As Risk Operations Program Manager, you will implement controls and programs to protect Parafin and its customers from fraudulent activity, collaborating with data scientists, engineers, product managers, and partner platforms to scale fraud prevention efforts and own the roadmap for Risk and Fraud. You will create best-in-class user experiences for customers impacted by risk decisions, up-level operations tooling, and balance fraud/loss prevention with customer experience while driving continuous improvement and monitoring key metrics.

Skills

Risk Management

Fraud Prevention

KYC

ACH

Card Payment Ecosystem

Operations Tooling

Program Management

Data Science Collaboration

Engineering Collaboration

Product Management Collaboration

Metrics Development

Continuous Improvement

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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