Offer summary

Qualifications:

8+ years of experience in consumer credit risk management or credit strategy., Strong understanding of the consumer credit lifecycle, including origination, underwriting, fraud, and collections., Proficiency in data analysis and manipulation using SQL or Python., Bachelor's or Master's degree in a quantitative field like Computer Science, Economics, Math, Statistics, or Engineering..

Key responsibilities:

Develop and implement credit strategies for new products from ideation to post-launch monitoring.

Analyze KPIs to identify trends and optimize portfolio performance.

Design and execute A/B tests to improve credit policies and user experience.

Collaborate with cross-functional teams to deliver compliant credit offerings.

Job description

Varo is an entirely new kind of bank. All digital, missiondriven, FDIC insured and designed for the way our customers live their lives. A bank for all of us.

Varo Bank, the first alldigital national bank, is seeking a creative and datadriven Lead Credit Strategy Manager to lead the development and launch of our next generation of consumer lending products. This is a highimpact, strategic role for someone passionate about using data to solve complex problems. You will translate Varos vision into customercentric and profitable credit strategies. We are looking for an innovator who thrives in a fastpaced, missionoriented environment to help revolutionize consumer banking.

What youll be doing
Lead Credit Strategy for New Products: Develop and implement credit strategies for new products, including underwriting, pricing, and credit policies from ideation to postlaunch monitoring
Analyze and Optimize: Conduct deepdive analyses of KPIs to identify trends and understand portfolio performance. Propose and implement datadriven policy changes to improve riskadjusted returns and customer experience
Drive Experimentation: Design and execute AB tests to optimize credit policies, user experience, and risk controls
Inform and Influence: Present analysis and strategic recommendations to key stakeholders and executive leadership
Collaborate CrossFunctionally: Partner with Product, Engineering, Data Science, Marketing, Operations, and Legal teams to deliver bestinclass, compliant credit offerings
Champion Best Practices: Build and maintain monitoring dashboards and develop performance tracking to ensure proactive risk management

Youll bring the following required skills and experiences
8+ years of experience in consumer credit risk management or credit strategy, preferably at a fintech or major financial institution
Strong understanding of the consumer credit lifecycle, including origination, underwriting, fraud, and collections. Experience with traditional and alternative credit bureau data is essential
Ability to translate business problems into a datadriven approach, including hypothesis testing and root cause analysis
Advanced expertise in data analysis and manipulation using SQL or Python
Experience with advanced statistical techniques and a solid understanding of relational databases
Strong ability to independently identify and solve problems in a fastpaced environment
Education: Bachelors or Masters in a quantitative field like Computer Science, Economics, Math, Statistics, or Engineering
Experience with machine learning models in a credit risk context is a plus
Familiarity with business intelligence tools like Tableau or Looker is a plusExperience at a highgrowth fintech or tech startup is a plus
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 – alldigital, missiondriven, FDICinsured, 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 customerfirst 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.

Learn more about Varo by following us:Facebook https:www.facebook.comvaromoney
Instagram www.instagram.comvarobank
LinkedIn https:www.linkedin.comcompanyvarobank

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 email careers@varomoney.com with the pertinent information and contact information.

CCPA Notice at Collection for California Employees and Applicants: https:www.varomoney.comprivacylegal