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Parallel Partners

Parallel Partners

Specializes in IT staffing for finance/trading

AI Backend Engineer

Full-Time
$140k - $200k/yr
Mid
San Francisco, CA, USA
Remote

About the job

Requirements
  • Strong backend engineering experience in production systems.
  • Experience building or operating high-throughput, low-latency services.
  • Familiarity with AI Systems (LLMs, Embeddings, or AI Workflows).
  • Experience with distributed systems and production debugging.
  • Strong understanding of APIs, data flows, and system design principles.
  • Experience with observability tools (logging, monitoring, tracing).
  • Strong ownership mindset and bias toward shipping.
  • Comfortable working in fast-paced, globally distributed teams.
  • Tech Stack: Anthropic, Artificial Intelligence (AI), Distributed Systems Tooling, Docker, Kubernetes, LLM APIs, Node.js, NoSQL, Observability Tools, OpenAI, Open-Source Models, Python, SQL.
Responsibilities
  • Build and operate backend systems that serve AI-powered insurance workflows in production.
  • Design and implement AI orchestration layers that connect models, APIs, workflows, and business logic.
  • Build inference pipelines for LLM-based and AI-assisted automation systems.
  • Optimize latency, throughput, and cost across AI services (caching, batching, streaming, routing).
  • Design stable service boundaries between backend systems, ML components, and product APIs.
  • Implement observability: logging, metrics, tracing, alerting, and incident response workflows.
  • Debug production issues across distributed AI systems and resolve root causes.
  • Collaborate closely with frontend, product, operations, and ML teams to ship end-to-end features.
  • Continuously improve system reliability, scalability, and performance.

About the company

Parallel Partners and Next Step Systems recruit information technology professionals for full-time permanent roles in the financial services and trading industries. They match IT talent with roles at hedge funds, trading firms, banks, brokerages, and data providers across the U.S., using nationwide searches from their Chicago area offices. The firms differentiate themselves through a focused niche in financial technology recruiting, deep client and candidate networks, and a high rate of repeat business after long-standing partnerships (and after the 2014 acquisition that expanded resources). Their goal is to place top IT professionals into permanent positions at leading financial technology firms and strengthen leadership in IT recruiting.

Company Size

N/A

Company Stage

N/A

Total Funding

N/A

Headquarters

Dallas, Texas

Founded

2014

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Simplify's Take

What believers are saying

  • PP updated its site August 2026, signaling active positioning and sales motion.
  • The firm offers three deal types, expanding addressable opportunities across acquisitions and partnerships.
  • Its agentic-first narrative matches buyer interest in workflow automation and operating leverage.

What critics are saying

  • Parallel Partners lacks visible customers, revenues, or completed transformations in public materials.
  • A 2025-founded firm with no disclosed funding faces execution risk before product-market proof.
  • Equity-heavy deals expose PP to dead capital if transformations stall by 2027.

What makes Parallel Partners unique

  • Founded 2025 in Amsterdam, Parallel Partners acquires, rebuilds, or co-builds mid-market businesses.
  • PP only earns through equity or revenue-share, aligning incentives with operator outcomes.
  • PP replaces processes, not overlays software, with agentic-first transformations across EU and US.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Health Savings Account/Flexible Spending Account

Life Insurance

Disability Insurance

Mental Health Support