Job Description

Our Story

Parker's mission is to increase the number of financially independent people. We aim to achieve this by creating tools that allow independent business owners to scale their operations profitably. Our first product combines a virtual credit card with dynamic spending limits, coupled with software tools designed to help merchants grow and maximize their profitability.

We are growing rapidly— in the last several years, we've processed over a billion in spend on Parker's platform. To support this demand, we're looking to expand our team quickly. Solomon Hykes (founder of Docker), Paul Buchheit (founder of Gmail), Paul Graham (founder of Y Combinator), Robert Leshner (founder of compound.finance), among others. We've raised over over 150M in debt and $60M in equity from Peter Thiel’s Valar Ventures and angles like Solomon Hykes (founder of Docker), Paul Buchheit (founder of Gmail), Paul Graham (founder of Y Combinator), Robert Leshner (founder of compound.finance), among others.

The Role

We are seeking a Senior Underwriter who can bridge the gap between credit risk analysis and commercial growth. In this role, you'll become an expert in our underwriting systems while discovering ways to streamline and enhance our processes—helping to expand our customer base without compromising our risk standards. The ideal candidate will demonstrate strong credit understanding and push boundaries in experimentation and methodologies.

This position is available as either a fully remote role globally or a hybrid role based in our NYC office. Reporting to the Chief Risk Officer, we offer competitive compensation based on experience and location, including startup equity. If you're passionate about making a significant impact in a fast-growing e-commerce startup, we'd love to connect with you.

What You'll Do

• Master current underwriting processes and develop deep understanding of Parker's e-commerce space
• Challenge existing underwriting approaches while maintaining sound risk management practices
• Develop and implement creative solutions for complex credit decisions
• Collaborate with sales teams to balance commercial opportunities with risk considerations
• Drive innovation in underwriting approaches that support merchant growth while managing risk
• Help scale operations by implementing efficient underwriting processes
• Mentor junior team members and potentially grow into a management role

What You'll Bring

• 6-8 years of total experience, with 3-4 years at a traditional financial institution (bank, credit card company) and subsequent experience in fintech or startup environments
• Strong credit understanding and ability to balance risk assessment with business growth opportunities
• Experience in developing and implementing underwriting policies and procedures
• Experience with SQL or Python and data analysis is a plus. CFA or CPA certification is welcomed but not required
• Ability to effectively represent the underwriting perspective in client discussions and provide clear explanations of credit decisions
• Strong client experience mindset while maintaining sound risk management practices
• Capability to develop creative solutions for complex credit decisions while conducting thorough competitor due diligence

What You'll Get

• Competitive compensation including salary, commission and start-up equity
• Premiere healthcare benefits including medical, vision, and dental
• Access to a 401(k) retirement program
• Opportunity for best-in-class experience to build something from the ground up
• Strong industry connections

Job Tags

Similar Jobs