Credit & Underwriting Analyst
About Us:At Parafin, we’re on a mission to grow small businesses.Small businesses are the backbone of our economy, but traditional banks often don’t have their backs. We build tech that makes it simple for small businesses to access the financial tools they need through the platforms they already sell on. We partner with companies like DoorDash, Amazon, Worldpay, and Mindbody to offer fast and flexible funding, spend management, and savings tools to their small business users via a simple integration. Parafin takes on all the complexity of capital markets, underwriting, servicing, compliance, and customer service for our partners. We’re a tight-knit team of innovators hailing from Stripe, Square, Plaid, Coinbase, Robinhood, CERN, and more — all united by a passion for building tools that help small businesses succeed. Parafin is backed by prominent venture capitalists including GIC, Notable Capital, Redpoint Ventures, Ribbit Capital, and Thrive Capital. Parafin is a Series C company, and we have raised more than $194M in equity and $340M in debt facilities.Join us in creating a future where every small business has the financial tools they need.About the RoleAs a Credit & Underwriting Analyst at Parafin, you’ll help shape how we assess, monitor, and extend credit across our suite of financial products. You will work closely with our Risk, Product, Data, and Finance teams to develop and iterate on underwriting strategies that balance smart credit decisions with access and flexibility for small businesses. This is a highly cross-functional, analytical role that sits at the heart of Parafin’s mission.You’ll influence how we underwrite new credit products, evaluate risk signals, and refine policies to scale responsibly — while keeping small business needs front and center.What You’ll Be DoingConduct deep-dive analysis into credit performance and loss trends to inform underwriting policies and own the process of financial review on large merchantsSupport the launch of new products by designing scalable, compliant credit operations and infrastructureDrive KPI development to monitor the health of our credit book and operational effectivenessWork with compliance and legal teams to ensure our underwriting practices meet partner and regulatory requirementsCollaborate with Product and Engineering to enhance tooling and workflows for credit decisioningSupport diligence efforts for partners, auditors, and regulators as neededWhat We’re Searching For4+ years of experience in underwriting, credit risk, analytics, or related roles in fintech, B2B lending, or cardsComfort underwriting small businessesStrong analytical and technical skills: proficiency in SQL, and fluency in financial statement analysisExperience making decisions with imperfect data and building structure in ambiguityFamiliarity with credit modeling, loss forecasting, or portfolio risk management is a plusExcellent cross-functional communication; able to translate data insights into business strategySelf-starter who thrives in ambiguous and fast-paced environmentsThoughtful problem solver who can balance risk management with customer and business needsWe Prefer If You HaveExperience in a high-growth fintech or credit card startupFamiliarity with revenue-based financing or embedded lending productsPrior exposure to vendor evaluation, fraud risk, or KYC/AML complianceA track record of shipping new underwriting systems or policies in collaboration with technical teamsWhat We OfferSalary Range: $135k - $170kEquity grantMedical, dental & vision insuranceUnlimited PTO & work from home flexibilityCommuter benefitsFree lunchesPaid parental leave401(k)Employee assistance programIf you require reasonable accommodation in completing this application, interviewing, completing any pre-employment testing, or otherwise participating in the employee selection process, please contact us. Apply tot his job