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.
Varos Finance team is a small agile group driving the banks entire financial strategy. We combine rigorous financial managementfrom capital raising to regulatory reportingwith a creative customer-obsessed startup culture to build a better more intuitive bank.
What youll be doing
Leading the Asset Liability Management strategy by helping manage and forecast the firms cash & liquidity position capital investments and funding needs to support our growth
Manage and report on the risk metrics for liquidity interest rate risk and capital management
Develop and run 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
Manage the firms investment portfolio (primarily Agency MBS Agency Bullets Treasuries CRA and interest rate hedges) including trading settlement and collateral movement
Contributing to the banks forecasting and stress testing for liquidity and capital purposes
Leading the Banks Asset Liability Committee meetings including preparing material and leading discussions
Presenting to the banks executives and board of directors quarterly or as needed
Coordinating with the other key finance partners in accounting and FP&A
Ad-hoc requests and analysis as needed
Youll bring the following required skills and experiences
Bachelors degree in Finance Accounting or Economics Masters or CFA preferred
5 Years Treasury experience at a Bank
Experience managing cash and liquidity fixed income investments and interest rate risk
Knowledgeable with statistical methods
Strong knowledge of MS Excel Python SQL Bloomberg
Self starter and curious person looking for career growth
$100000 - $150000 a year
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 $100000 - $150000. 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.
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 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 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 with the pertinent information and contact information.
CCPA Notice at Collection for California Employees and Applicants:
Disclaimer: Drjobpro.com is only a platform that connects job seekers and employers. Applicants are advised to conduct their own independent research into the credentials of the prospective employer.We always make certain that our clients do not endorse any request for money payments, thus we advise against sharing any personal or bank-related information with any third party. If you suspect fraud or malpractice, please contact us via contact us page.