General Manager – Lending

Job not on LinkedIn

October 27

🗽 New York – Remote

Although this job is listed in New York, this company may be open to hiring remote in other states.

💵 $200k - $350k / year

⏰ Full Time

🟠 Senior

🔴 Lead

👔 Manager

🦅 H1B Visa Sponsor

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Varo Bank

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Banking • Finance • Fintech

Varo Bank is a forward-thinking financial institution offering innovative banking solutions for a modern financial lifestyle. With no hidden fees, Varo provides easy access to money management, savings with high APY, credit-building services, and flexible cash advance options. Customers can benefit from early access to their pay, automatic cashbacks, and utilities like savings calculators and auto-savings tools. Varo's products include an online bank account, high-yield savings account, a credit-builder card, and personal line of credit. The bank emphasizes financial empowerment with transparency and customer-centric services, backed by FDIC insurance for security and peace of mind.

501 - 1000 employees

Founded 2015

🏦 Banking

💸 Finance

💳 Fintech

📋 Description

• Lead and grow our lending portfolio as General Manager of Lending. • Responsible for the end-to-end P&L, credit policy, risk governance, and portfolio management of Varo's credit products. • Report to the CEO as part of the Executive Leadership Team driving lending strategy. • Drive expansion across cash-flow–underwritten products, including upcoming modalities like BNPL and Flex. • Deepen customer relationships and lifetime value.

🎯 Requirements

• 12+ years of progressive leadership experience in consumer lending, with at least 5 years managing a significant P&L at a major financial institution or chartered fintech. • Deep expertise in operating within a regulated banking environment (OCC, FDIC), including direct experience with credit policy approval processes, internal governance committees, and risk audits. • Proven ownership of a Credit Policy Framework, demonstrating the ability to articulate, defend, and adjust policy based on data and regulatory feedback. • Exceptional command of consumer credit risk management, including the use of traditional and alternative data, and expertise in managing key portfolio health indicators (delinquencies, NCOs, etc.). • Strong understanding of CECL accounting standards and experience collaborating with Finance and Treasury teams on provisioning and capital decisions. • Demonstrated ability to build, scale, and optimize credit products while balancing customer needs with robust risk controls. • Exceptional collaboration, communication, and presentation skills, with proven experience influencing executive stakeholders and regulators. • Comfort with supporting a vision for focused experimentation to enable growth and profitability in the rapidly evolving space of ML and AI. • Proven ability to translate lending insights into customer engagement and product design improvements, reinforcing Varo’s “save, deposit, spend, lend” ecosystem.

🏖️ Benefits

• This role is also eligible for a bonus, equity, and competitive benefits.