General Manager of Lending

Varo
Full-time
US Remote / New York City, NY
$200,000 - $350,000 a year
Posted on a month ago

Job Description

Varo is seeking a strategic General Manager of Lending to lead and grow their lending portfolio. This executive role will be responsible for the P&L, credit policy, risk governance, and portfolio management of Varo's credit products, driving expansion and customer growth while maintaining regulatory integrity.

Responsibilities

  • P&L Management and Business Growth
  • Credit Policy, Risk Governance, and Regulatory Oversight
  • Active Portfolio and Performance Management
  • Define Lending Product Roadmap
  • Oversee Lending Product Roadmap execution
  • Optimize capital efficiency
  • Monitor credit metrics
  • Mitigate operational risk
  • Lead and mentor a team

Requirements

  • 12+ years of progressive leadership in consumer lending
  • 5+ years managing a significant P&L
  • Expertise in regulated banking (OCC, FDIC)
  • Ownership of a Credit Policy Framework
  • Strong understanding of CECL standards
  • Ability to build and scale credit products
  • Exceptional collaboration and communication skills

Benefits

  • No benefits