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.
Varos Banking Analytics team using its financial expertise in consumer banking and payments is responsible for providing advanced quantitative analysis and a strategic but also actionable perspective on our customers and products.
From optimizing the customer onboarding to uncovering drivers to further deepen customer engagement the wider banking analytics team focuses on delivering meaningful insights from data across the customer lifecycle. As a pivotal member of this team you will partner with colleagues across product marketing engineering finance and operations to understand and analyze data from all parts of Varos business to help improve our products and experiences backed by relevant insights ..
The Banking Analytics team is lean high functioning entrepreneurial and impactfocused. We combine creative and critical thinking with detailed analysis and drive impact across the organization. If you are inquisitive and can incubate different angles for business/product opportunities synthesize large amounts of data connect the dots amidst ambiguity and want to deliver clear and measurable impact from day one the Varo team would love to meet you!
What youll be doing
Conduct data analysis using advanced analytical and statistical approaches to make business recommendations. Be impact focused and demonstrate high bias to action
Develop a deep understanding of how customers use our banking products and share insights around the key metrics that drive the company
Understand our payments data at a transaction level and identify levers to improve transaction processing while balancing customer benefit vs risk
Conduct data analysis to make business areas might include (but not limited to): transactional analysis customer spend behaviors root cause analysis
Create & automate reports iteratively build & prototype dashboards to provide insights at scale solving for business priorities
Work with the Banking and Payments product and engineering teams to provide analytical support for critical initiatives as well as new business or product opportunities. Effectively communicate key findings and recommendations to multiple levels of stakeholders
Youll bring the following required skills and experiences
4 years of experience in an analytical role providing business analysis developing dashboards and presenting results to leadership
Expert in SQL 4 years). Proficiency in Tableau (or other BI tools) and daytoday use of R/Python is a big plus
Experience articulating business questions scripting with SQL/Python to pull data from datasets and adapt quantitative techniques to solve complex problems
Experience with banking and/or payments processing experimentation consumer product analytics measuring ROI of initiatives and automating dashboards and reports to track business performance
Track record of successfully communicating datadriven insights
Solid understanding of statistical analysis
Exceptional problemsolving skills and business judgment
Ability to get things done and work independently and a high bias for action.
$120000 $170000 a year
For cash compensation we set standard ranges for all USbased roles based on function level and geographic location benchmarked against similarstage growth companies. Per applicable law the salary range for this role is $120000 $170000. Final offer amounts are determined by multiple factors as well as candidate experience and expertise and may vary from the identified range.
#MidSenior
We recognize not everyone will have all of these requirements. If you meet most of the criteria above and youre excited about the opportunity and willing to learn wed 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. Were 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.
We are growing quickly in our hub locations of San Francisco Salt Lake City and Charlotte along with colleagues located across the country. We have been recognized among Fast Companys Most Innovative Companies Forbes Fintech 50 and earned the No. 7 spot on Inc. 5000s list of fastestgrowing companies across the country.
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 with the pertinent information and contact information.
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