Capital Markets Associate

About The Role:

Parker’s mission is simple but ambitious: to increase the number of financially independent people. We believe the best way to achieve this is by giving independent business owners the financial tools they need to scale profitably.

Our core product combines a virtual corporate card with dynamic spending limits and profitability-focused software tooling—empowering eCommerce merchants to grow faster while staying in control of their margins.

We’ve raised over $180M in equity and debt from world-class investors, including Valar Ventures, Y Combinator, SVB, and notable founders such as Solomon Hykes (Docker), Paul Buchheit (Gmail), Paul Graham (Y Combinator), and Robert Leshner (Compound). We’re a Series B fintech scaling rapidly, with strong product-market fit and accelerating demand.

Parker is seeking a Capital Markets Associate to own and operate the company’s debt capital stack, with an immediate focus on our SVB credit facility and future expansion into mezzanine and structured credit. This is a hybrid role combining hands-on facility management with strategic capital markets planning. You’ll work closely with our CFO, Finance, Risk, and Accounting teams to ensure efficient, compliant use of our lending facilities while driving initiatives to reduce our cost of capital and expand access to liquidity.

Key Responsibilities:

Operational Execution

• Oversee daily borrowing base operations for our warehouse facility (and future facilities), including recycling, pledging, and compliance reporting

• Ensure accurate and timely delivery of all lender deliverables — borrowing base certificates, eligibility files, waterfall reconciliations, etc.

• Serve as the primary point of contact for our facility agents, custodians, and funders

• Coordinate with Risk and Product to ensure collateral eligibility and concentration rules are met

Strategic Capital Markets Initiatives

• Support long-term capital strategy, including scenario modeling, new facility structures, and capital stack optimization

• Lead efforts to lower cost of capital, increase advance rates, and negotiate more favorable facility terms

• Conduct lender engagement and diligence prep for new financing rounds or add-ons

• Analyze market benchmarks and structure enhancements to improve leverage efficiency

Cross-Functional Collaboration

• Partner with Finance for liquidity planning and forecasting

• Work with Legal and external counsel on compliance and documentation

• Collaborate with Engineering/Product to automate and scale reporting processes

Qualifications:

• 5+ years of experience in capital markets, structured finance, or credit facility operations (preferably in fintech, specialty lending, or at a fund)

• Hands-on experience managing warehouse lines, borrowing bases, or ABS structures

• Strong understanding of credit risk, collateral eligibility, advance rates, and leverage ratios

• Highly analytical with strong Excel/Sheets and modeling skills

• Able to operate in the details and zoom out to strategic thinking

• Excellent communication and coordination skills across internal and external stakeholders