Compliance Governance Associate

Varo is an entirely new kind of bank. All digital, mission-driven, FDIC insured, and designed for the way our customers live their lives.

A bank for all of us.

Varo’s Risk Management Team team is committed to building a new world of banking for our customers in a sustainable and compliant way. Within Risk, the Compliance Department focuses on end-to-end review of products and services through our Compliance Management Program--which follows the requirements of the OCC’s Compliance Management System handbook. We help our business partners grow and succeed by providing the right services in a timely manner. We are committed to continuous improvement and working proactively with our partners in the business to deliver compliance solutions that are consumable and relevant.

We are seeking a Compliance Governance Associate who has a growth mindset, is a self-starter, enjoys a fast-paced working environment, and is detail-oriented, with a strong knowledge of regulatory compliance in a banking environment.

What you’ll be doing

• Help bring consistency and structure to a new Compliance Management Program.
• Manage the Compliance Risk Assessment Process annually to determine inherent and residual risk of key consumer compliance regulations, identify controls and gaps and update quarterly.
• Manage calendar of compliance policy updates-work with Compliance Advisory or SME team members on updates and revisions. Help ensure appropriate procedures are in place across the organization as related to consumer compliance responsibilities.
• Manage Compliance Subcommittee calendar, coordinate meeting presentation deck; ensure meeting minutes are documented and action items identified and followed.
• Work with the ORM/ERM team to ensure timely update of action items in the bank’s GRC system, Archer.
• Develop KPIs and KRIs for compliance-oriented reporting.

You’ll bring the following required skills and experiences

• Strong background in a second line of defense risk management organization.
• Exceptional knowledge of regulatory compliance programs in a banking environment; especially the OCC’s Compliance Management Systems handbook.
• 5-7 years of increasing experience in bank regulatory programs and governance.
• Excellent writing skills; experience with the Google Suite toolset preferred.
• Previous work in a FinTech or innovative financial institution.

About Varo

Varo launched in 2017 with the vision to bring the best of fintech into the regulated banking system. We’re a new kind of bank – all digital, mission-driven, FDIC-insured, and designed around the modern American consumer. 

As the first consumer fintech to be granted a national bank charter in 2020, we make financial inclusion and opportunity for all a reality by empowering everyone with the products, insights, and support they need to get ahead. Through our core product offerings and suite of customer-first features, we aim to address a broad range of consumer needs while profitably serving underserved communities that have been historically excluded from the traditional financial system.

We are growing quickly in our hub locations of San Francisco, Salt Lake City, and Charlotte along with colleagues located across the country. We have been recognized among Fast Company’s Most Innovative Companies, Forbes’ Fintech 50, and earned the No. 7 spot on Inc. 5000’s list of fastest-growing companies across the country.

Varo. A bank for all of us.

Our Core Values

- Customers First

- Take Ownership

- Respect

- Stay Curious

- Make it Better

Varo is an equal opportunity employer. Varo embraces diversity and we are 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.

Learn more about Varo by following us:

Facebook - https://www.facebook.com/varomoney

Instagram - www.instagram.com/varobank

LinkedIn - https://www.linkedin.com/company/varobank

Twitter - https://twitter.com/varobank

Engineering Blog - https://medium.com/engineering-varo

SoundCloud - https://soundcloud.com/varobank

Beware of fraudulent job postings!

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. Never send money to anyone suggesting they can provide work with Varo. If you suspect you have received a phony offer, please e-mail [email protected] with the pertinent information and contact information.