Lead development and implementation of consumer lending credit strategies, analyze KPIs, conduct A/B tests and collaborate with cross-functional teams to enhance credit offers.
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 Bank, the first all-digital national bank, is seeking a creative and data-driven Credit Strategy Director to lead the development and launch of our next generation of consumer lending products. This is a high-impact, strategic role for someone passionate about using data to solve complex problems. You will translate Varo's vision into customer-centric and profitable credit strategies. We are looking for an innovator who thrives in a fast-paced, mission-oriented environment to help revolutionize consumer banking.
What you'll 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 post-launch monitoring
- Analyze and Optimize: Conduct deep-dive analyses of KPIs to identify trends and understand portfolio performance. Propose and implement data-driven policy changes to improve risk-adjusted returns and customer experience
- Drive Experimentation: Design and execute A/B 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 Cross-Functionally: Partner with Product, Engineering, Data Science, Marketing, Operations, and Legal teams to deliver best-in-class, compliant credit offerings
- Champion Best Practices: Build and maintain monitoring dashboards and develop performance tracking to ensure proactive risk management
You'll 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 data-driven 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 fast-paced environment
- Education: Bachelor's or Master's 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 high-growth 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 – 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.
Learn more about Varo by following us:
Facebook - https://www.facebook.com/varomoney
Instagram - www.instagram.com/varobank
LinkedIn - https://www.linkedin.com/company/varobank
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.
CCPA Notice at Collection for California Employees and Applicants:
https://www.varomoney.com/privacy-legal/
Top Skills
Looker
Python
SQL
Tableau
Similar Jobs
Big Data • Food • Hardware • Machine Learning • Retail • Automation • Manufacturing
Lead the P&L for Ricolino brands in the US, driving growth and alignment with strategies. Manage commercial strategies and teamwork for organizational success.
Automotive • Cloud • Greentech • Information Technology • Other • Software • Cybersecurity
The Regional Sales Manager will sell network solutions to convention vertical clients, manage leads, close sales, and maintain client relationships while collaborating with internal teams.
Top Skills:
CRMLanNetwork SolutionsWi-Fi
Artificial Intelligence • Hardware • Information Technology • Security • Software • Cybersecurity • Big Data Analytics
The Systems Engineer II role involves upgrading radio networks, conducting presentations, testing, and managing system documentation and licensing, emphasizing communication skills and networking expertise.
Top Skills:
BroadbandCcnaComptia Network+EthernetIp NetworkingJuniper Jncia-JunosL2L3LteMplsNokia Nrs1Radio Communication SystemsRfTcp/IpWireless
What you need to know about the Austin Tech Scene
Austin has a diverse and thriving tech ecosystem thanks to home-grown companies like Dell and major campuses for IBM, AMD and Apple. The state’s flagship university, the University of Texas at Austin, is known for its engineering school, and the city is known for its annual South by Southwest tech and media conference. Austin’s tech scene spans many verticals, but it’s particularly known for hardware, including semiconductors, as well as AI, biotechnology and cloud computing. And its food and music scene, low taxes and favorable climate has made the city a destination for tech workers from across the country.
Key Facts About Austin Tech
- Number of Tech Workers: 180,500; 13.7% of overall workforce (2024 CompTIA survey)
- Major Tech Employers: Dell, IBM, AMD, Apple, Alphabet
- Key Industries: Artificial intelligence, hardware, cloud computing, software, healthtech
- Funding Landscape: $4.5 billion in VC funding in 2024 (Pitchbook)
- Notable Investors: Live Oak Ventures, Austin Ventures, Hinge Capital, Gigafund, KdT Ventures, Next Coast Ventures, Silverton Partners
- Research Centers and Universities: University of Texas, Southwestern University, Texas State University, Center for Complex Quantum Systems, Oden Institute for Computational Engineering and Sciences, Texas Advanced Computing Center
