Parafin · 2 months ago
Data Scientist
San Francisco, CA
Full-time
Onsite
Mid, Senior Level
$190K/yr - $230K/yrParafin is a company dedicated to supporting small businesses by providing them with essential financial tools through innovative technology. The Data Scientist role focuses on leveraging data to drive impactful projects across underwriting, go-to-market strategies, and portfolio monitoring, while collaborating with various teams to enhance the company's offerings.
FinanceFinancial ServicesFinTechSmall and Medium Businesses
Responsibilities
Underwriting: We build models and systems to decide which SMBs receive offers for each financial product and on what terms. Example projects:
- Training a quantile regression model to forecast the distribution of SMB revenues and precisely size our financing offers
- Applying convex optimization to generate competitive financing offers
Go-To-Market: We collaborate with our sales leaders to convey the value of embedded finance to prospective partners. Example projects:
- Identifying the impact of financial access on platform GMV using quasi-random variation
- Running simulations to assess the risk of offering financial products on specific platforms
Portfolio Monitoring and Servicing: We develop tooling to maintain portfolio health, driving sustainable growth for Parafin, our capital markets partners, and the small businesses we serve. Example projects:
- Estimating survival curves to predict cohorted loss rates
- Deploying LLM-based models to automatically identify bankruptcy from web data
Beyond these focus areas, our team helps expand our impact by recruiting exceptional talent, improving our tools, and supporting each other through regular seminars and project reviews
Qualification
Required
Bachelor's Degree (or higher) in Computer Science, Statistics, Mathematics, Data Science (or related fields)
Approach data analysis with a critical, intellectually honest eye
Design concise metrics that guide decision making
Use robust causal inference methods
Develop valid and predictive machine learning models
Identify and effectively prioritize business problems
Solve business problems using appropriate data science techniques
Anticipate the impact of your work on our financial performance, customers, and compliance obligations
Write legible, reliable, and tested code
Build or source tools to boost the team's efficiency
Contribute to model and data infrastructure design
Model Parafin's values of efficiency, intellectual honesty, accountability, and empathy
Build trusted relationships with stakeholders
Document work, seek feedback, and share learnings proactively
Mentor other DS members on the team
Prioritize high-impact use of your time
Scope projects rigorously
Act with urgency
Preferred
Management experience, a plus!
Benefits
Equity grant
Medical, dental & vision insurance
Work from home flexibility
Unlimited PTO
Commuter benefits
Free lunches
Paid parental leave
401(k)
Employee assistance program
Company
Parafin
Parafin is a financial infrastructure company that offers pre-built financial services programs to support small businesses.
Founded in 2020
51-200 employees
H1B Sponsorship
Parafin has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (6)
2024 (9)
2023 (6)
2022 (2)
2021 (3)
2020 (1)
Funding
Current Stage
Growth StageTotal Funding
$562MKey Investors
Notable CapitalGICThrive Capital
2024-12-17Series C· $100M
2024-08-28Debt Financing· $93M
2024-04-10Debt Financing· $125M
Leadership Team
Sahill Poddar
Co-Founder & CEO
Vineet Goel
Co-Founder and Chief Product and Technology Officer
Recent News
2025-12-15
2025-12-09
Company data provided by crunchbase