Varo Bank
Overview
Varo Bank is a digital, FDIC‑insured, mission‑driven bank focused on financial inclusion for underserved communities.
Base pay range $100,000.00/yr – $150,000.00/yr
What you’ll be doing
Lead the Asset Liability Management strategy by forecasting the firm’s cash & liquidity position, capital, investments and funding needs to support growth.
Manage and report on risk metrics for liquidity, interest rate risk and capital management.
Develop and run cash flow, balance sheet, and interest rate risk models to optimize liquidity, capital and interest rate risk within risk appetite.
Manage the firm’s investment portfolio (primarily Agency MBS, Agency Bullets, Treasuries, CRA, and interest rate hedges) including trading, settlement, and collateral movement.
Contribute to bank forecasting and stress testing for liquidity and capital purposes.
Lead the Asset Liability Committee meetings, preparing material and leading discussions.
Present to the bank’s executives and board of directors quarterly or as needed.
Coordinate with key finance partners in accounting and FP&A.
Perform ad‑hoc requests and analysis as needed.
You’ll bring the following required skills and experiences
Bachelor’s degree in Finance, Accounting or Economics; Master’s or CFA preferred.
5+ years Treasury experience at a bank.
Experience managing cash, liquidity, fixed‑income investments and interest rate risk.
Knowledgeable in statistical methods.
Strong knowledge of MS Excel, Python, SQL, Bloomberg.
Self‑starter and curious, willing to grow your career.
Varo is an equal‑opportunity employer. Varo embraces diversity and is 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.
#J-18808-Ljbffr
Base pay range $100,000.00/yr – $150,000.00/yr
What you’ll be doing
Lead the Asset Liability Management strategy by forecasting the firm’s cash & liquidity position, capital, investments and funding needs to support growth.
Manage and report on risk metrics for liquidity, interest rate risk and capital management.
Develop and run cash flow, balance sheet, and interest rate risk models to optimize liquidity, capital and interest rate risk within risk appetite.
Manage the firm’s investment portfolio (primarily Agency MBS, Agency Bullets, Treasuries, CRA, and interest rate hedges) including trading, settlement, and collateral movement.
Contribute to bank forecasting and stress testing for liquidity and capital purposes.
Lead the Asset Liability Committee meetings, preparing material and leading discussions.
Present to the bank’s executives and board of directors quarterly or as needed.
Coordinate with key finance partners in accounting and FP&A.
Perform ad‑hoc requests and analysis as needed.
You’ll bring the following required skills and experiences
Bachelor’s degree in Finance, Accounting or Economics; Master’s or CFA preferred.
5+ years Treasury experience at a bank.
Experience managing cash, liquidity, fixed‑income investments and interest rate risk.
Knowledgeable in statistical methods.
Strong knowledge of MS Excel, Python, SQL, Bloomberg.
Self‑starter and curious, willing to grow your career.
Varo is an equal‑opportunity employer. Varo embraces diversity and is 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.
#J-18808-Ljbffr