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Full-Time

Staff Data Engineer

Posted on 2/24/2024

Prime

Prime

11-50 employees

Embedded financial solutions for small businesses

Fintech
Financial Services

Senior, Expert

New York, NY, USA

Category
Data Engineering
Data & Analytics
Required Skills
Data Science
Data Analysis
Requirements
  • 8+ years of professional data engineering or software engineering experience
  • 4+ years as a data engineer building data products
  • Direct hands on experience with highly scalable data pipelines using BigData technologies
  • Passion for everything data
  • Experience with the complete development cycle
  • Excellent communication skills
  • Growth mindset
  • Bias to action
  • Evidence of constant learning
Responsibilities
  • Design large scale, distributed data processing systems and pipelines
  • Ensure the reliability and integrity of data at Prime
  • Collaborate with other engineering, data science, and cross functional partners
  • Influence and develop our architecture and technical roadmap
  • Write high quality, maintainable and scalable code
  • Identify and troubleshoot issues
  • Maintain the quality bar for engineering excellence at Prime
  • Stay up to date with emerging technologies, best practices, and industry trends in data engineering and software development
  • Commit to integrating our core values in all aspects of your daily responsibilities and professional interactions

PrimeFT offers embedded financial solutions tailored for small businesses, including expansion capital, inventory financing, and term loans. Their services are integrated into the platforms that businesses use daily, making financial management seamless. Unlike competitors, PrimeFT acts as an integration layer, providing options for partners to white label their lending portal or use custom APIs. The company's goal is to empower small businesses by enhancing their cash flow and supporting their growth through tailored financial products.

Company Stage

Series B

Total Funding

$49M

Headquarters

New York City, New York

Founded

2021

Growth & Insights
Headcount

6 month growth

50%

1 year growth

68%

2 year growth

285%
Simplify Jobs

Simplify's Take

What believers are saying

  • PrimeFT's innovative approach to embedded finance can significantly enhance cash flow management and operational expansion for small businesses.
  • The company's data-driven underwriting process increases loan approval rates, offering a more tailored financial solution for end-users.
  • Revenue-sharing with partners creates a mutually beneficial ecosystem, encouraging reinvestment and growth.

What critics are saying

  • The reliance on advanced data science and AI for credit risk management may face challenges if data quality or algorithms are compromised.
  • The competitive fintech landscape requires continuous innovation to maintain a unique value proposition.

What makes Prime unique

  • PrimeFT's embedded financial solutions seamlessly integrate into the daily platforms of small businesses, unlike traditional lenders who operate separately.
  • Their use of advanced data science and AI for credit risk management allows for more precise underwriting decisions, setting them apart from competitors relying on conventional methods.
  • PrimeFT's full-service integration layer offers flexible integration models, providing partners with customizable solutions that are rare in the market.
INACTIVE