Credit Strategy Director
Varo Bank, New York, NY, United States
Credit Strategy Director
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 high‑impact, strategic role is for someone passionate about using data to solve complex problems and translating Varo’s vision into customer‑centric and profitable credit strategies. Join us to help revolutionize consumer banking in a fast‑paced, mission‑oriented environment.
Base Pay Range $140,000 – $200,000 per year
Responsibilities
Lead Credit Strategy for New Products – develop and implement credit strategies from ideation to post‑launch monitoring, covering underwriting, pricing and credit policies.
Analyze and Optimize – conduct deep‑dive analyses of KPIs to identify trends, understand portfolio performance and propose 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.
Required Skills and Experience
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.
Bachelor’s or Master’s in a quantitative field (Computer Science, Economics, Math, Statistics, Engineering).
Experience with machine learning models in a credit risk context is a plus.
Familiarity with business intelligence tools such as Tableau or Looker is a plus. Experience at a high‑growth fintech or tech startup is a plus.
AI Use in Hiring We may use artificial intelligence tools to support parts of the hiring process. These tools assist our recruitment team but do not replace human judgment. Final hiring decisions are ultimately made by humans. If you would like more information about how your data is processed, please contact us.
Equal Opportunity Employer 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.
Fraud Awareness 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. If you suspect a phony offer, please e‑mail careers@varomoney.com with the pertinent information and contact details.
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Base Pay Range $140,000 – $200,000 per year
Responsibilities
Lead Credit Strategy for New Products – develop and implement credit strategies from ideation to post‑launch monitoring, covering underwriting, pricing and credit policies.
Analyze and Optimize – conduct deep‑dive analyses of KPIs to identify trends, understand portfolio performance and propose 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.
Required Skills and Experience
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.
Bachelor’s or Master’s in a quantitative field (Computer Science, Economics, Math, Statistics, Engineering).
Experience with machine learning models in a credit risk context is a plus.
Familiarity with business intelligence tools such as Tableau or Looker is a plus. Experience at a high‑growth fintech or tech startup is a plus.
AI Use in Hiring We may use artificial intelligence tools to support parts of the hiring process. These tools assist our recruitment team but do not replace human judgment. Final hiring decisions are ultimately made by humans. If you would like more information about how your data is processed, please contact us.
Equal Opportunity Employer 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.
Fraud Awareness 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. If you suspect a phony offer, please e‑mail careers@varomoney.com with the pertinent information and contact details.
#J-18808-Ljbffr