Varo is an entirely new kind of bank. All digital, mission-driven, FDIC insured and designed for the way our customers live their lives. A bank for all of us.
Varo’s Finance team is still small but is huge in terms of vision and impact. We’re responsible for supporting all the Finance needs of our Bank, from leading the strategic planning to manage the market exposure, delivering management and regulatory reporting, supporting capital raising efforts and preparing Varo for the next phases of its hyper growth. We’re thrilled by the idea of building a bank that feels more like a beautiful, frictionless consumer product than a traditional financial institution. We’re creative to our core and obsessed with our customers. We believe in multidisciplinary teams, obsessing over users' behaviors, prototyping early and often, running experiments to test hypotheses, and resorting to scrappy pragmatism when deadlines demand it. We thrive on feedback and push to always up our game—but try to never take ourselves too seriously.
For cash compensation, we set standard ranges for all US-based roles based on function, level, and geographic location, benchmarked against similar-stage growth companies. Per applicable law, the salary range for this role is $90,000 - $130,000. Final offer amounts are determined by multiple factors as well as candidate experience and expertise and may vary from the identified range.
This role is also eligible for a bonus, equity, and competitive benefits.
What you'll be doing
Contribute to the Asset Liability Management strategy by helping manage and forecast the firm’s cash & liquidity position, capital, investments and funding needs to support our growth
Support the production of risk metrics for liquidity, interest rate risk and capital management
Develop and/or implement cash flow, balance sheet, and interest rate risk models to optimize and manage the liquidity, capital and interest rate risk of the firm within risk appetite
Assist in the management of the firm’s investment portfolio including trading, settlement, and collateral movement
Ad-hoc requests and analysis as needed
You'll bring the following required skills and experiences
Bachelor’s degree in Finance, Accounting or Economics
5+ Years corporate Treasury experience
Experience managing cash, fixed income investments and IRR a plus
Strong knowledge of MS Excel
We recognize not everyone will have all of these requirements. If you meet most of the criteria above and you’re excited about the opportunity and willing to learn, we’d love to hear from you!
About Varo
Varo launched in 2017 with the vision to bring the best of fintech into the regulated banking system. We’re a new kind of bank – all-digital, mission-driven, FDIC-insured, and designed around the modern American consumer.
As the first consumer fintech to be granted a national bank charter in 2020, we make financial inclusion and opportunity for all a reality by empowering everyone with the products, insights, and support they need to get ahead. Through our core product offerings and suite of customer-first features, we aim to address a broad range of consumer needs while profitably serving underserved communities that have been historically excluded from the traditional financial system.
Varo is an equal opportunity employer. Varo embraces diversity and we are committed to building teams that represent a variety of backgrounds, perspectives, and skills. All applicants will be considered for employment without attention to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran or disability status.
Beware of fraudulent job postings!
Varo will never ask for payment to process documents, refer you to a third party to process applications or visas, or ask you to pay costs. Never send money to anyone suggesting they can provide work with Varo. If you suspect you have received a phony offer, please e-mail [email protected] with the pertinent information and contact information.
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