Varo Bank is seeking a passionate and dedicated Credit Strategy Manager to join our Lending Team and contribute significantly to our expanding business. This role is ideal for someone eager to learn and collaborate within a team of seasoned professionals who specialize in consumer credit. As the first-ever TechBank, Varo is at the forefront of transforming mobile banking and reimagining the traditional banking system. We are looking for an innovative thinker who will bring creativity and enthusiasm to help develop our lending business. You’ll work closely with cross-functional teams—data science, engineering, risk management, finance, and legal—to uphold Varo Bank’s commitment to best-in-class risk management.
What you'll be doing
- Data-Driven Insights: Leverage data and analytics to deliver insights on Varo Bank’s lending business, guiding credit performance and growth strategies to support underwriting capabilities and the overall profitability of the business
- Strategic Collaboration: Partner with data science teams to develop advanced machine learning models that drive loan origination and portfolio management strategies
- Credit Risk Management: Design, implement, and manage credit risk strategies, including credit underwriting, pricing, loan assignment, and verification based on default probability assessments
- Executive Communication: Craft and present compelling insights to influence executive-level lending decisions
- Risk Alignment: Work with the 2nd line team to ensure credit strategies align with the bank’s risk appetite and achieve desired outcomes
- Performance Monitoring: Identify trends in performance, growth, and risk by developing and maintaining monitoring reports, including insights into internal and external leading indicators
- Technology Partnership: Collaborate with technology teams to ensure that new strategies are accurately implemented as designed
You'll bring the following required skills and experiences
- 2+ years in analytics
- 2+ years working with consumer credit products
- Proficiency in SQL, Python, and BI tools
- Strong analytical skills with expertise in handling and analyzing large datasets to solve complex business challenges
- Experience in using models developed by data scientists to enhance business decisions
- Familiarity with new product development and growth strategy implementation
- Demonstrated success in fast-paced, entrepreneurial, and dynamic environments
- Strong presentation skills, with the ability to effectively communicate data and logic to diverse audiences
#MidSenior
