Our leadership team comes from top fintech companies such as Lending Club, Affirm, and Varo Money. And we're backed by leading VCs, including Insight Partners, Greylock, Quadrille, and Bain Capital ...
Our leadership team comes from top fintech companies such as Lending Club, Affirm, and Varo Money. And we're backed by leading VCs, including Insight Partners, Greylock, Quadrille, and Bain Capital ...
Varo Money information
See salary details
$15.96 is the 25th percentile. Wages below this are outliers.
$11.54 - $18.42
39% of jobs
$18.42 - $25.31
7% of jobs
The median wage is $28.75 / hr.
$25.31 - $32.19
7% of jobs
$32.19 - $39.07
21% of jobs
$39.65 is the 75th percentile. Wages above this are outliers.
$39.07 - $45.96
3% of jobs
$45.96 - $52.84
8% of jobs
$52.84 - $59.72
4% of jobs
$59.72 - $66.61
0% of jobs
$66.61 - $73.49
0% of jobs
$73.49 - $80.38
7% of jobs
$80.38 - $87.26
2% of jobs
$11
$35
$87
How much do varo money jobs pay per hour?
As of Jun 9, 2026, the average hourly pay for varo money in the United States is $35.50, according to ZipRecruiter salary data. Most workers in this role earn between $13.22 and $47.60 per hour, depending on experience, location, and employer.
What are some common challenges faced by employees working at Varo Money, and how can new team members prepare for them?
At Varo Money, employees often work in a fast-paced, rapidly evolving fintech environment where adapting to frequent changes in technology, regulations, and customer needs is essential. New team members may face challenges such as balancing innovation with compliance, collaborating across multidisciplinary teams, and managing multiple priorities. To prepare, candidates should be ready to embrace continuous learning, stay up-to-date with industry trends, and communicate effectively with colleagues from diverse backgrounds. Being proactive and adaptable will help new hires thrive and contribute to Varo’s mission of making banking more accessible.
What is Varo Money?
Varo Money is a U.S.-based neobank that offers online banking services, including checking and savings accounts, without physical branch locations. The company provides features such as early direct deposit, no monthly maintenance fees, and easy-to-use mobile banking. Varo aims to make banking accessible and affordable, especially for those who prefer managing their finances digitally. As a fully chartered bank, it is FDIC-insured and operates entirely online through its website and mobile app.
What is the difference between Varo Money vs Varo Money?
| Feature | Varo Money |
|---|
Since the comparison is between the same job title, Varo Money, there is no difference. Both refer to the same financial technology company offering banking services. If comparing to similar roles like bank tellers or financial advisors, differences would include job responsibilities, credentials, and work environment. However, for Varo Money, the focus is on digital banking services, customer support, and financial product management. Understanding this helps job seekers and users distinguish between roles within the company and similar financial service providers.
What are the key skills and qualifications needed to thrive as a Varo Money employee, and why are they important?
To thrive at Varo Money, you generally need a background in finance, banking, or technology, supported by a relevant degree or equivalent experience. Familiarity with digital banking platforms, financial software, and compliance systems like AML/KYC is typically required. Strong problem-solving, adaptability, and customer-centric communication skills help employees excel in a fast-paced fintech environment. These abilities are crucial for ensuring regulatory compliance, delivering excellent digital banking experiences, and driving innovation in the financial sector.
More about Varo Money jobs
What states have the most Varo Money jobs? States with the most job openings for Varo Money jobs include:
What job categories do people searching Varo Money jobs look for? The top searched job categories for Varo Money jobs are:
Job description
Since 2018, Wisetack has been building transparent and intuitive consumer lending products that help service-based businesses thrive (think HVAC companies, veterinarians, or auto repair shops).
Our leadership team comes from top fintech companies such as Lending Club, Affirm, and Varo Money. And we're backed by leading VCs, including Insight Partners, Greylock, Quadrille, and Bain Capital Ventures (investors in Airbnb, LinkedIn, Instagram, Dropbox, and more).
Having raised $84M, we're a well-funded startup and have invested in people and technology while growing our partnerships - responsibly.
We're also proud to have received recognition from the fintech world. Awards we've won include:
But what you'll find us gleaming about the most is the recognition from our own customers, particularly our sky-high NPS rating of 79. (For reference, the average score is 44 for financial services and 36 for SaaS companies.)
As a result of our efforts in building this healthy company culture, we've been nominated to several Great Places to Work lists, such as Best Small Workplaces, Best Workplaces in the Bay Area, and Best Workplaces in Financial Services & Insurance.
Like any startup, we're in it for the long haul, and we're looking for people willing to join our journey of building something special together.
This process starts with our company values, which guide us in everything we do - and have played a critical role in our success. We valiantly abide by them, and would expect you to do the same:
Learn more about our values here.
The Role
Wisetack connects contractors and consumers through home services financing - and trust on both sides of that marketplace depends on effectively identifying and managing risk.
We're looking for a Lead Merchant Risk Analyst to help shape how we detect, investigate, and respond to merchant fraud across the merchant lifecycle. This is a senior individual contributor role that combines deep analytical work with opportunities to improve risk processes, monitoring, and decisioning at scale.
You'll work closely with Risk, Product, Data Science, Data Engineering, Compliance, and Operations to identify emerging threats, strengthen controls, and support safe growth for merchants and consumers.
As Wisetack continues to invest in automation and AI-powered workflows, you'll have the opportunity to help design and improve systems that make risk operations more scalable and effective.
Responsibilities
The range of base salary for the position is between $120,800.00 - $169,100.00, plus equity, and benefits. Please note that the base salary range is a guideline, and individual total compensation will vary based on factors such as qualifications, skill level and competencies.
Spend a little time on our About Us page and check out our Press page and our blog for more. If you think this might be a fit, we'd love to hear from you!
This hiring process utilizes artificial intelligence tools to assist in candidate screening and assessment. Our AI tools are designed to complement, not replace, human decision-making. Our data practices are described in Wisetack's Privacy Policy.
Our leadership team comes from top fintech companies such as Lending Club, Affirm, and Varo Money. And we're backed by leading VCs, including Insight Partners, Greylock, Quadrille, and Bain Capital Ventures (investors in Airbnb, LinkedIn, Instagram, Dropbox, and more).
Having raised $84M, we're a well-funded startup and have invested in people and technology while growing our partnerships - responsibly.
We're also proud to have received recognition from the fintech world. Awards we've won include:
- Ranked #21 on 2024 Inc. 5000 based on revenue growth
- Ranked #15 on 2024 Deloitte Fast 500 based on revenue growth
- 2024 Best Embedded Finance Solution for Banking Tech Awards
- 2023 Best Consumer Lending Program by Tearsheet
- 2023 Best Point of Sale Product by Fintech Breakthrough
But what you'll find us gleaming about the most is the recognition from our own customers, particularly our sky-high NPS rating of 79. (For reference, the average score is 44 for financial services and 36 for SaaS companies.)
As a result of our efforts in building this healthy company culture, we've been nominated to several Great Places to Work lists, such as Best Small Workplaces, Best Workplaces in the Bay Area, and Best Workplaces in Financial Services & Insurance.
Like any startup, we're in it for the long haul, and we're looking for people willing to join our journey of building something special together.
This process starts with our company values, which guide us in everything we do - and have played a critical role in our success. We valiantly abide by them, and would expect you to do the same:
- Put customers first (that's our M.O.)
- Act fast (leverage our startup environment).
- Lead the way (show and tell).
- Take ownership (everyone is hands-on here).
- Be a good human (no egos, build financial products that do right by people).
Learn more about our values here.
The Role
Wisetack connects contractors and consumers through home services financing - and trust on both sides of that marketplace depends on effectively identifying and managing risk.
We're looking for a Lead Merchant Risk Analyst to help shape how we detect, investigate, and respond to merchant fraud across the merchant lifecycle. This is a senior individual contributor role that combines deep analytical work with opportunities to improve risk processes, monitoring, and decisioning at scale.
You'll work closely with Risk, Product, Data Science, Data Engineering, Compliance, and Operations to identify emerging threats, strengthen controls, and support safe growth for merchants and consumers.
As Wisetack continues to invest in automation and AI-powered workflows, you'll have the opportunity to help design and improve systems that make risk operations more scalable and effective.
Responsibilities
- Lead analytical work across the merchant risk lifecycle, including onboarding, KYB/KYC, transaction monitoring, and merchant decisioning
- Build and maintain queries, dashboards, alerts, and reporting that identify fraud patterns, emerging risks, and control gaps
- Investigate high-risk merchant activity, including business misrepresentation, suspicious transactions, inflated invoices, collusion, refund abuse, and account takeover
- Translate findings into clear recommendations that improve risk controls, merchant experience, and business outcomes
- Measure the impact of rule changes, segmentation strategies, and risk experiments on fraud losses, approval rates, false positives, and customer experience
- Partner with Data Science, Data Engineering, and third-party vendors to evaluate risk signals, models, data quality, and monitoring infrastructure
- Contribute to the development of scalable monitoring, decisioning, and automation capabilities, including AI-enabled workflows where appropriate
- Help identify emerging merchant fraud trends and opportunities to strengthen Wisetack's risk strategy
- Bachelor's degree in a quantitative field (math, economics, statistics, data science, finance, engineering) or equivalent practical experience
- 5+ years of experience in fraud, merchant risk, payments risk, or financial services analytics
- Strong SQL proficiency and experience using Python, R, SAS, or similar tools to analyze complex datasets and generate actionable insights
- Experience working with risk models, machine learning outputs, or rules-based strategies to detect fraud and emerging risk trends
- Familiarity with merchant onboarding, KYB/KYC, identity verification, business verification, sanctions screening, firmographic data, or fraud vendor integrations
- Experience collaborating with Data Science and Data Engineering teams to develop scalable risk monitoring and decisioning capabilities
- Strong communication, ownership, and judgment, with the ability to balance fraud prevention, merchant experience, consumer protection, compliance, and growth
- Experience using AI tools, automation, or workflow optimization to improve analytical or operational efficiency is a plus
- Fintech experience
- Experience supporting consumer lending products
- Experience building dashboards, automated monitoring, or operational workflows
- Experience evaluating or implementing AI-powered tools and automation solutions
The range of base salary for the position is between $120,800.00 - $169,100.00, plus equity, and benefits. Please note that the base salary range is a guideline, and individual total compensation will vary based on factors such as qualifications, skill level and competencies.
Spend a little time on our About Us page and check out our Press page and our blog for more. If you think this might be a fit, we'd love to hear from you!
This hiring process utilizes artificial intelligence tools to assist in candidate screening and assessment. Our AI tools are designed to complement, not replace, human decision-making. Our data practices are described in Wisetack's Privacy Policy.
About Wisetack
Sourced by ZipRecruiter
Industry
Finance and insurance
Company size
51 - 200 Employees
Headquarters location
San Francisco, CA, US
Year founded
2018