Varo is on a mission to redefine banking so it's easy for everyone to make smart choices with their money. Our app offers bank accounts and high-yield savings accounts that don’t cost a thing, tools to help you manage your money and save automatically, and invitation-only personal loans at competitive rates. On the contrary, traditional banks charge fees, offer next-to-nothing savings rates, and don’t work with their customer’s best interests in mind.
Varo is distinct from other fintechs: With preliminary approval for a bank charter from the Office of the Comptroller of the Currency (OCC), we're on our way to becoming the first mobile-centric national bank in the country. Our unique team combines the best people in tech and banking, and we’re wildly passionate about keeping our customers happy by helping them manage and grow their money. Based in San Francisco and privately held, Varo has raised $178M to date, led by Warburg Pincus and The Rise Fund / TPG Growth.
ABOUT THE RISK MANAGEMENT TEAM
We’ve assembled a world-class team of risk professionals that are passionate about protecting Varo and its customers from harm. Varo’s Enterprise Risk Management (ERM) and Operational Risk Management (ORM) program is managed by the Head of Enterprise and Operational Risk and Model Risk Governance is a critical element of this program. This position will report to the Head of ORM/ERM, who reports to the Chief Risk Officer.
This is an opportunity to get in on the ground floor and help build the risk framework for Varo, the bank of the future. Because of its unique digital platform and the delivery of its services from the cloud, we are breaking new ground on the compliance and risk framework that we will use as we build the bank. If you are not afraid of new challenges and enjoy working on and helping to create an enterprise and operations risk management framework that will serve and protect Varo and its customers, then we want to hear from you!