Full-Time

ML + Data Engineer

Posted on 11/19/2024

Slope

Slope

11-50 employees

Provides B2B Buy Now, Pay Later solutions

Fintech
Consumer Goods

Mid

San Francisco, CA, USA

Requires in-person work at the San Francisco office.

Category
Data Engineering
Data & Analytics
Required Skills
Python
JavaScript
SQL
Pandas
NumPy
Requirements
  • 3+ years in Data Engineering, or ML Engineering in a production setting
  • Worked closely with data scientists to ship features and models into production
  • Experience building, maintaining, and debugging distributed ML infrastructure
  • Fluency in Python and Javascript
  • Experience with the DS stack (Pandas, Scikit, Numpy)
  • Experience with SQL, data warehousing and ETL
  • Experience with building internal tooling to empower coworkers and improve operational efficiency
  • Willing to work in person at SF office
  • Being proactive and a fast-learner (Slope! ⚡)
Responsibilities
  • Building the core risk models powering underwriting.
  • You will own everything from building pipelines & writing training loops to deploying the model to real-time production code.
  • Scale and optimize our underwriting service while keeping it low latency.
  • Seeking out new data sources, such as credit bureaus, fraud-detection services, and alternative sources (social media, satellite & street views). Integrating promising APIs into our production & training pipelines.
  • Building the infrastructure that powers data ingestion, model training, and deployment.
  • Support the improvement of internal tooling used in financial-based and manual underwriting.

Slope provides Buy Now, Pay Later (BNPL) solutions designed for business-to-business (B2B) transactions, specifically targeting small to medium-sized enterprises (SMEs). Their service allows these businesses to manage their working capital more effectively by offering flexible payment options. When a transaction occurs, Slope charges a 6% merchant fee and pays the merchant immediately after goods are shipped or services are delivered. This process reduces the risk of bad debt and eliminates the need for sellers to handle payment collections, allowing them to concentrate on growth. Slope differentiates itself from competitors by focusing exclusively on B2B transactions, simplifying access to capital for businesses looking to scale without the usual financial burdens associated with credit management.

Company Stage

Seed

Total Funding

$91.9M

Headquarters

San Francisco, California

Founded

2021

Growth & Insights
Headcount

6 month growth

41%

1 year growth

91%

2 year growth

109%
Simplify Jobs

Simplify's Take

What believers are saying

  • Securing $65 million in strategic equity and debt funding from J.P. Morgan and others positions SlopePay for significant growth and market penetration.
  • The backing from high-profile investors like Sam Altman and J.P. Morgan adds credibility and opens doors for strategic partnerships.
  • SlopePay's AI-powered platform can significantly streamline B2B payment processes, potentially leading to higher adoption rates and customer satisfaction.

What critics are saying

  • The competitive landscape in the BNPL and B2B payments sectors is intense, requiring continuous innovation to stay ahead.
  • Reliance on AI for underwriting and risk assessment could pose challenges if the models fail to accurately predict risk.

What makes Slope unique

  • SlopePay focuses exclusively on the B2B market, unlike many BNPL providers who target B2C, allowing them to specialize in the unique needs of businesses.
  • Their proprietary API automates underwriting, debt collection, and fraud risk assessment, reducing the operational burden on businesses.
  • SlopePay's use of AI-driven underwriting and risk assessment, trained on proprietary banking data, sets them apart in terms of technological sophistication.

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