Full-Time

Applied AI Engineer

Confirmed live in the last 24 hours

Parcha

Parcha

11-50 employees

AI solutions for onboarding and compliance

Fintech
AI & Machine Learning
Financial Services

Junior, Mid

San Francisco, CA, USA

Relocation assistance to San Francisco.

Category
Applied Machine Learning
Natural Language Processing (NLP)
AI & Machine Learning
Requirements
  • Deep expertise in modern LLMs and their applications
  • Strong foundation in ML evaluation and testing
  • Solid software engineering fundamentals
  • Advanced degree in ML, CS, or related field
  • Experience applying LLMs to real-world problems
  • Background in financial compliance or RegTech
  • Track record of implementing novel AI techniques
  • Experience in fast-paced startup environments
  • Publications or open-source contributions
Responsibilities
  • Design and implement innovative LLM-powered solutions for compliance automation
  • Develop sophisticated prompting strategies and RAG architectures
  • Apply fine-tuning and in-context learning techniques
  • Create custom evaluation frameworks
  • Build robust model evaluation and governance systems
  • Design comprehensive back-testing methodologies
  • Implement A/B testing frameworks
  • Monitor model performance and drift
  • Research and apply cutting-edge AI techniques
  • Evaluate new models and architectures
  • Experiment with novel training approaches
  • Develop custom RAG implementations
  • Write production-quality code to implement ML systems
  • Design scalable architectures
  • Implement proper monitoring
  • Ensure system reliability

Parcha provides AI-driven solutions that help banks and fintech companies improve their onboarding processes and compliance measures. Their products focus on document verification, risk management, and compliance, allowing clients to onboard customers more quickly while ensuring they meet regulatory standards. Key features include Real Time Document Remediation, High Risk Industry Screening, and Business Ownership Verification, which streamline the verification process. Parcha stands out from competitors by offering tailored solutions and leveraging open-source intelligence alongside proprietary databases for thorough risk assessments. The goal of Parcha is to enable financial institutions to grow confidently by addressing inefficiencies in onboarding and compliance.

Company Stage

Seed

Total Funding

$4.9M

Headquarters

San Francisco, California

Founded

N/A

Growth & Insights
Headcount

6 month growth

7%

1 year growth

133%

2 year growth

133%
Simplify Jobs

Simplify's Take

What believers are saying

  • The $5M seed funding from Kindred Ventures and Initialized Capital provides a strong financial foundation for growth and innovation.
  • Parcha's focus on automating compliance and operations can significantly reduce overhead and increase efficiency for businesses.

What critics are saying

  • The competitive landscape of AI-powered development tools is rapidly evolving, requiring Parcha to continuously innovate to maintain its edge.
  • Dependence on AI for critical operations may pose risks if the technology fails or encounters significant issues.

What makes Parcha unique

  • Parcha leverages AI to automate code generation, setting it apart from traditional code development platforms.
  • The recent introduction of AI Office on GitHub enhances its appeal to developers seeking seamless integration with popular development tools.

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