Associate Program Manager, Varo
$80-110k
Fee-free online banking platform
Job no longer available
Fee-free online banking platform
501-1000 employees
Job no longer available
$80-110k
501-1000 employees
Company mission
To improve the financial health of our customers through better technology and total transparency.
Role
Who you are
- Strong organizational and communication skills are key, and you should have experience and a proven ability to balance process optimizations with stakeholder preferences
- 5+ years experience with project or program management in an adaptive, agile software development ecosystem
- Strong organizational and time management skills
- Demonstrated track record of partnership and collaboration among cross-functional teams
- Strong communication, interpersonal, and influencing skills
- Ambition to drive toward continuous improvement
- Familiarity with Jira, Jellyfish, and Confluence is strongly preferred
What the job involves
- Varo’s Project Portfolio Management Office (PMO) is looking for an Associate Program Manager and change agent to help lead critical processes and implement improvements in our agile, experiment driven operating approach, to iteratively learn in pursuit of delivering on enterprise OKRs
- In this role, you will own important tools and processes, collaborate closely with stakeholders to manage and track deliverables, and support the continuous improvement of our governance strategies
- The ability to be resourceful in seeking out solutions, build relationships with critical stakeholders, and be comfortable in a fast-paced environment is essential for someone in this role
- Manage a portfolio of strategic processes that are foundational to business operations
- Serve as the primary owner of critical business forums and reports
- Oversee key metric tracking, ensure regular status reporting, and mature our ability to accurately monitor and glean insights from launched initiatives
- Ensure essential product delivery procedures are followed and contribute to defining and improving standards
- Develop and curate dedicated PMO spaces and tools that will reduce the manual workload for data collection and dissemination
- Provide project and program management support for critical initiatives
- Own and update integrated enterprise roadmap
Our take
The traditional banking system leaves many US citizens underserved, with some minority groups struggling to access accounts. Varo is one of many companies offering no-fee, high-interest accounts, as it takes on the traditional banks - with additional features such as a rewards program and access to early paychecks.
With many young customers distrustful of traditional banks, Varo has capitalised on this sentiment and grown to serve more than 7 million customers. It has a number of competitors such as Chime and Step, and it's also in competition with established traditional brick-and-mortar banks. However, as the first consumer fintech to be granted a national bank charter in the US, the company is at the front of the fintech revolution with a path to future success.
In response to economic uncertainty, the bank was forced to take cost-reduction measures throughout 2022. The effect has been positive, with a drastic reduction in its burn rate, which had been a primary concern. One point of interest is a shift in marketing strategy that has seen Varo focus more on growing the number of customers using it as their main bank, as opposed to growing overall user numbers. The company also has a new tech unit named "Varo Tech".
Kirsty
Company Specialist at Welcome to the Jungle
Insights
Few candidates hear
back within 2 weeks
-12% employee growth in 12 months
Company
Funding (last 2 of 7 rounds)
Feb 2023
$50m
LATE VC
Sep 2021
$515m
SERIES E
Total funding: $1.0bn
Company benefits
- Health, dental, vision insurance
- Free life coaching and counseling
- 401k
- Office snacks and drinks
- Flexible PTO
- Company and team outings
Company values
- Customer first: Understand problems our customers are trying to solve. Respond with a sense of urgency. Build relationships that result in loyalty. Be data and insights-driven. Test everything. Achieve results through strong execution. Build a product people love.
- Take ownership: Have a bias toward action and high standards. Be accountable for the results of your work and our product. Trust others to own it.
- Stay curious: Ask why. Dare to make things better. Learn something new each day (even from mistakes). Be open to growth. Develop creative solutions.
- Make it better: Think big. Set high goals. Work toward long-term value rather than short-term wins. Create change. Be resilient.
- Respect: Treat others how you want to be treated. Listen first before being heard. Speak the truth even when it’s not easy. Assume best intentions. Bring your full self to work.
Company HQ
Financial District, San Francisco, CA
Articles
Leadership
Colin Walsh
(CEO)Former EVP at American Express. Has also worked in banking at Wells Fargo, Visa, Executive Networks, and Lloyds.
Diversity, Equity & Inclusion at Varo
- Varo takes a long-term, strategic approach to Diversity and Inclusion. We’re committed to building long term awareness and engagement with employees at all levels, our customers, and our communities. We grow and strengthen the Varo team by acquiring, developing, promoting, and retaining exceptional and diverse talent.
- Voluntary employee-led resource groups let us connect with each other, boost engagement, and keep important conversations going. Our groups include; "Women", that aims to increase women’s leadership roles, hiring and retention; "Adept", that sustains Varo’s efforts to support employees with physical, mental, and emotional disabilities; "Unity", that works to advance representation and opportunity for Black and African American employees; and "Pride", that helps us build a fully inclusive workplace offering education, support, and networking for LGBTQ employees.
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