Data Scientist

  • Varo
  • San Francisco, CA, USA
  • Jan 02, 2019
Job - Full time Aerospace engineering Astronomy Biology Computer Science Chemical engineering Engineering Health Science Life Science Mathematics Medical Sciences Chemistry Civil engineering Physics Psychology Social Science Teaching/Academics Technology Veterinary medicine


Varo Money is seeking to launch a Bank that delivers more affordable traditional financial products, provides leading edge innovation and helps consumers manage their financial lives more effectively and with minimal friction. When organized, the Bank will be a national retail bank. Varo’s business model combines a traditional relationship banking approach with modern technology to create a better banking experience backed by robust controls and sound risk management.  The Bank’s primary products will be offered through mobile, online and phone based banking channels and will include traditional banking products such as DDAs, savings accounts, CDs, unsecured installment loans and lines of credit, credit cards, home equity loans and brokered mortgages integrated with financial health tools on the smart phone to help customers solve every day financial problems and achieve better financial outcomes. Varo has raised $78M to date led by Warburg Pincus and The Rise Fund / TPG Growth.
Data is central to every decision we make and product we build at Varo. The Data Science team at Varo is small but we have plans to rapidly expand over the next year and beyond. This is a tremendous opportunity to be an early member and shape the current and future data science and machine learning products at Varo.

What you will do

  • Partner with product, business and engineers to help build financial health, risk and fraud models

  • Segmenting our users based on transactional and app behavior 

  • Proactively perform data exploration on user behavior to develop enhancements to our existing models

  • Work with data engineers to scale and deploy above models in production

  • Present research and insights in a clear and concise way to all levels within the company

What we are looking for

  • Passion to improve peoples financial lives

  • A curious mind + advanced degree in science or engineering

  • Able to balance attention to detail with swift execution

  • Deep understanding of machine learning and statistical models 

  • Strong programming experience (python/R/SQL)

  • Ability to work independently and drive your own projects

  • 1-3 years work experience as a Data Scientist (exceptional fresh graduates will also be considered)

  • NLP experience (not required but is considered a major plus)

Experience level of the applicant we want

Some work experience, Graduate