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 is building a world-class Internal Audit Function. As Varo’s third line of defense, the Internal Audit Team will provide independent assurance on Varo’s governance, risk management practices, and internal controls. We will also conduct special advisory projects. As Varo is the first consumer fintech to get a national bank charter in the United States, we are seeking skilled and highly motivated professionals who want to be part of building a new audit function for a technology and data-driven business model in a regulated financial services sector.
As Senior Audit Manager you will manage a portfolio of audit engagements related to Strategy, Operations, Compliance, and Risk Management. This role will partner across the business to bring subject matter expertise, business acumen, and insights to the assessment of these areas. The ideal candidate will have a strong background in internal auditing within the banking industry, exceptional leadership skills, and a comprehensive understanding of regulatory requirements and industry best practices.

What you’ll be doing:

    • Oversee, plan, design and perform operations, product, and compliance audits for various functions, areas, and business processes within Varo
    • Provide credible challenge and professional skepticism to assess potential gaps or weaknesses in the internal control infrastructure to ensure risks that pose the most risk to Varo are identified timely and addressed
    • Establish and maintain effective business relationships
    • Report to internal partners, executive management, and at times to the Board
    • Contribute to the audit methodology and development of the annual plan
    • Monitor progress of management’s committed action plans and validate closure of remediated audit issues and regulatory findings
    • Conduct all audit work in accordance with Internal Audit policies and procedures, the Institute of Internal Auditors (IIA) “International Professional Practices Framework” (IPPF), and applicable regulatory guidelines

You’ll bring the following required skills and experiences:

    • 8+ years of experience in internal auditing, risk management, or related fields within the banking industry, with a focus on financial crimes, compliance, and operational risk management
    • Knowledge of current and evolving fraud threats, tactics, and techniques in the banking and financial services industry, as well as the tools, and techniques for detecting, addressing, and preventing fraudulent activities
    • Knowledge of anti-money laundering and sanctions activities in banking and the financial services industry
    • Ability to prioritize and manage multiple projects simultaneously while meeting deadlines with minimal oversight
    • Effective communicator who can transmit, receive and accurately interpret ideas, information, and needs plus adjust to the audience
    • Bachelor’s degree in accounting, finance, business administration, or a related field; advanced degree or professional certification (e.g., CPA, CFE, CAMS) preferred
$120,000 – $160,000 a year
For cash compensation, we set standard ranges for all US-based roles based on function, level, and geographic location, benchmarked against similar-stage growth companies. Per applicable law, the salary range for this role is $120,000 – $160,000. Final offer amounts are determined by multiple factors as well as candidate experience and expertise and may vary from the identified range.
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