Senior Underwriter

Our StoryParkers 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, weve processed over a billion in spend on Parkers platform. To support this demand, were 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. Weve 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 RoleWe are seeking a Senior Underwriter who can bridge the gap between credit risk analysis and commercial growth. In this role, youll 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 youre passionate about making a significant impact in a fast-growing e-commerce startup, wed love to connect with you.What Youll DoMaster current underwriting processes and develop deep understanding of Parkers e-commerce spaceChallenge existing underwriting approaches while maintaining sound risk management practicesDevelop and implement creative solutions for complex credit decisionsCollaborate with sales teams to balance commercial opportunities with risk considerationsDrive innovation in underwriting approaches that support merchant growth while managing riskHelp scale operations by implementing efficient underwriting processesMentor junior team members and potentially grow into a management roleWhat Youll Bring6-8 years of total experience, with 3-4 years at a traditional financial institution (bank, credit card company) and subsequent experience in fintech or startup environmentsStrong credit understanding and ability to balance risk assessment with business growth opportunitiesExperience in developing and implementing underwriting policies and proceduresExperience with SQL or Python and data analysis is a plus. CFA or CPA certification is welcomed but not requiredAbility to effectively represent the underwriting perspective in client discussions and provide clear explanations of credit decisionsStrong client experience mindset while maintaining sound risk management practicesCapability to develop creative solutions for complex credit decisions while conducting thorough competitor due diligenceWhat Youll GetCompetitive compensation including salary, commission and start-up equityPremiere healthcare benefits including medical, vision, and dentalAccess to a 401(k) retirement programOpportunity for best-in-class experience to build something from the ground upStrong industry connections

Created: 2025-02-25