Treasury Manager

Varo Bank; Salt Lake City (UT); On-site; USD 130,000 - 170,000; Full time

Benefits offered by this job

Bonus opportunities

Equity options

Competitive benefits

Job summary

A digital bank is seeking a financial strategist to lead asset liability management and optimize liquidity and capital strategies. The ideal candidate has at least 5 years of treasury experience at a bank, strong analytical skills, and proficiency in financial modeling. This full-time position is based in Salt Lake City, UT and offers a competitive salary range of $130,000 to $170,000.

Qualifications

• 5+ years of Treasury experience at a bank.
• Experience managing cash and liquidity, fixed income investments, and interest rate risk.
• Self-starter and curious person, looking for career growth.

Responsibilities

• Lead the Asset Liability Management strategy.
• Manage and report on the risk metrics for liquidity and capital management.
• Develop and run cash flow and balance sheet models.
• Manage the firm’s investment portfolio.
• Contribute to the bank's forecasting and stress testing.

Skills

Treasury management

Risk management

Statistical methods

MS Excel

Python

SQL

Bloomberg

Education

Bachelor's degree in Finance, Accounting or Economics

Master's or CFA preferred

Job description

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 Finance team is a small, agile group driving the bank's entire financial strategy. We combine rigorous financial management—from capital raising to regulatory reporting—with a creative, customer-obsessed startup culture to build a better, more intuitive bank.

Base pay range

$100,000.00/yr - $160,000.00/yr

What you'll be doing

• Leading the Asset Liability Management strategy by helping manage and forecast the firm’s cash & liquidity position, capital, investments and funding needs to support our growth
• Manage and report on the risk metrics for liquidity, interest rate risk and capital management
• Develop and run cash flow, balance sheet, and interest rate risk models to optimize and manage the liquidity, capital and interest rate risk of the firm within risk appetite
• Manage the firm’s investment portfolio (primarily Agency MBS, Agency Bullets, Treasuries, CRA, and interest rate hedges) including trading, settlement, and collateral movement
• Contribute to the bank's forecasting and stress testing for liquidity and capital purposes
• Lead the Asset Liability Committee meetings including preparing material and leading discussions
• Present to the bank’s executives and board of directors quarterly or as needed
• Coordinate with key finance partners in accounting and FP&A
• Perform ad-hoc requests and analysis as needed

You'll bring the following required skills and experiences

• Bachelor’s degree in Finance, Accounting or Economics, Masters or CFA preferred
• 5+ Years Treasury experience at a Bank
• Experience managing cash and liquidity, fixed income investments, and interest rate risk
• Knowledgeable with statistical methods
• Strong knowledge of MS Excel, Python, SQL, Bloomberg
• Self‑starter and curious person, looking for career growth

We recognize not everyone will have all of these requirements. If you meet most of the criteria above and you’re excited about the opportunity and willing to learn, we’d love to hear from you!

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.

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 [e-mail] with the pertinent information and contact information.

Seniority level

Not Applicable

Employment type

Full-time

Job function

Finance and Sales

Referrals increase your chances of interviewing at Varo Bank by 2x.

Location: Salt Lake City, UT – salary range $130,000.00–$170,000.00.

We may use artificial intelligence (AI) tools to support parts of the hiring process, such as reviewing applications, analyzing resumes, or assessing responses. These tools assist our recruitment team but do not replace human judgment. Final hiring decisions are ultimately made by humans. If you would like more information about how your data is processed, please contact us.

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. Final offer amounts are determined by multiple factors as well as candidate experience and expertise and may vary from the identified range. This role is also eligible for a bonus, equity, and competitive benefits.