What are the responsibilities and job description for the Product Operations Specialist, Servicing position at Parafin Inc.?
About Us :
At Parafin, our mission is to grow small businesses.
While professional experience and qualifications are key for this role, make sure to check you have the preferable soft skills before applying if required.
Small businesses are the backbone of our economy, yet banks do not have their back. Parafin is a technology company that builds infrastructure which enables small businesses to get easy access to financial services via platforms they sell on. Parafin's first set of products offer capital-as-a-service for online platforms. Parafin currently powers the capital programs for platforms and payment processors ranging from Series B to post-IPO companies such as DoorDash, Amazon, Worldpay, Mindbody, Fullsteam, Guesty, Xplor, and Quilt.
We are a tight-knit team coming from organizations such as Stripe, Square, Plaid, Coinbase, Robinhood, Affirm, Uber, and CERN, and are excited both about helping small businesses grow and thrive, and build products that leaders at top companies have started to use every day to grow their platforms. We are backed by prominent venture capitalists such as Ribbit Capital, Thrive Capital, GIC, Index Ventures, Green Oaks Capital, and SV Angel and have raised more than $94M in equity and $200M in debt.
About the Position
We are looking for a Servicing Specialist to support our merchants each day. This role will be a critical operator of the company's products suite by providing a positive payment experience for the small businesses we support. You will be responsible for running and building best in class processes for payments, fraud, and servicing, and work directly with our Servicing Ops Lead to solve problems for hundreds-of-thousands of merchants. You will always have a seat at the table, given a platform to share your thoughts and suggestions for improvement!
Are you a customer-obsessed operational problem solver excited to work at a fast growing startup to help grow small businesses? If so, come join us!
What You’ll Be Doing :
Investigate and resolve issues in the areas of processing payments, creating alternative payment plans, errors handling and other related tasks to ensure full payment collections.
Provide quality service to small business owners via email, SMS, and phone with focus on debugging and resolving payment issues.
De-escalate scenarios and present resolutions for tough to navigate situations.
Identify and track payment issues to ensure transparency and decrease missing payments over time.
Provide necessary documentation, details, and evidence in a timely manner to ensure all payment issues are addressed.
Work with the Customer Support and Funding teams to build feedback loops and processes in servicing customers.
Work directly with management and product ops managers for ongoing improvements of the merchant experience including but not limited to : systems, process, and product level improvements.
Work in a startup environment with the goal to strive for improvement with both the quality and method of the interaction with merchants.
Review current processes and provide feedback on how to improve the function, question status quo as well as call out inefficiencies to address.
Support other product functions with your specialties as needed.
What We’re Searching For :
Strong understanding of payments
2 years of experience with loan servicing
Excellent communication skills
Thrive in an entrepreneurial environment
Data driven approach to monitoring and optimizing recovery rates
Desire to have an impact, grow your career and be a game changer in the space for Parafin
We Prefer If You Have :
Experience working in a fintech startup.
Experience building a team and processes from the ground up
Fluency in (or desire to learn) data analysis skills and tools, such as SQL / R / Python
What We Offer
Salary Range : $85k - $100k
Equity grant
Medical, dental & vision insurance
Unlimited PTO & work from home flexibility
Commuter benefits
Free lunches
Paid parental leave
401(k)
Employee assistance program
If 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.
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Salary : $85,000 - $100,000
