Business Analytics and Development Consultant | Varo Bank | Remote (United States)

Other Jobs To Apply

<p> is seeking a highly skilled Business Development and Strategy Expert with deep expertise in consumer banking & payment products, and partnerships. This short-term, multi-month contract role focuses on evaluating opportunities to enhance our product offerings, and overall banking strategy initially focusing through the lens of interchange economics. <br />The ideal candidate will possess a strong analytical background combined with strategic thinking, be highly proficient in financial modeling and quantitative analysis, and excel at producing compelling presentations based on their analysis. You have the opportunity to directly influence Varo’s growth through strategic product analysis. </p> <h3>What you’ll be doing</h3> <ul> <li>Evaluate opportunities to enhance ’s consumer banking and payment services with a focus on commercial impact and customer value. </li> <li>Analyze data and build sophisticated financial models and conduct in-depth quantitative analysis to influence product and service enhancements. </li> <li>Analyze payments products with a focus on interchange dynamics, including revenue drivers and cost factors affecting profitability. </li> <li>Develop deep insights into interchange economics and their impact on Varo’s overall financials, identifying opportunities to optimize revenue and cost of interchange at the utmost detailed level. </li> <li>Collaborate with cross-functional teams to align payments and banking strategies with more granular commercial goals. </li> <li>Produce strategic decks to communicate analysis, insights, and recommendations to senior leadership, ensuring compelling and data-driven storytelling. </li> <li>Extract and analyze raw data using SQL and Tableau to provide actionable insights for product and business decisions. </li> <li>Contract Details: multi-month contract position with to work directly with the Chief Banking Officer of Varo. </li> </ul> <h3>You’ll bring the following required skills and experiences</h3> <ul> <li>Payments Industry Expertise.</li> <li>Deep understanding of financial and technical aspects of debit and credit payments, specifically interchange revenue as well as cost lever. </li> <li>Retail banking and consumer products experience with focus on, including digital banking, checking, and savings. </li> <li>Quantitative Analysis: Proficient in building advanced financial models and performing detailed forecasting and sensitivity analysis for product and payments decisions and optimizations. Strategic Deck Production: Producing high-quality strategic presentations, making recommendations based on data analysis, and effectively communicating insights as proposals to senior stakeholders as well as the wider bank. </li> <li>Technical Proficiency: Advanced skills in SQL for data extraction, Tableau for data visualization, and Excel for financial modeling. </li> <li>Business Development Focus: Strong commercial focus on maximizing revenue and enhancing customer experience through product and service enhancements. </li> <li>Strategy Consulting Experience: Prior Experience in strategy consulting (e.g., McKinsey, BCG, Bain) is a big plus, particularly deep exposure to the financial services and payments sectors with knowledge of the consumer fintech space </li> <li>Hands-on Approach: Willingness to roll up sleeves and dive deep into working with data, perform detailed analysis, and translate findings into strategic recommendation proposals. </li> <li>Ideal Candidate Profile: 5+ years of experience in business development, financial analysis, strategy consulting, with a focus on consumer banking and payments industry. Demonstrated deep expertise in consumer banking products, interchange dynamics, and previous instances of optimizing revenue and costs. </li> <li>Proven ability to produce compelling strategy decks and recommendations based on thorough quantitative analysis. </li> <li>Previous experience in a top-tier consulting firm with a focus on FinTech, wider financial services and payments sectors is highly desirable. </li> </ul>

Back to blog

Common Interview Questions And Answers

1. HOW DO YOU PLAN YOUR DAY?

This is what this question poses: When do you focus and start working seriously? What are the hours you work optimally? Are you a night owl? A morning bird? Remote teams can be made up of people working on different shifts and around the world, so you won't necessarily be stuck in the 9-5 schedule if it's not for you...

2. HOW DO YOU USE THE DIFFERENT COMMUNICATION TOOLS IN DIFFERENT SITUATIONS?

When you're working on a remote team, there's no way to chat in the hallway between meetings or catch up on the latest project during an office carpool. Therefore, virtual communication will be absolutely essential to get your work done...

3. WHAT IS "WORKING REMOTE" REALLY FOR YOU?

Many people want to work remotely because of the flexibility it allows. You can work anywhere and at any time of the day...

4. WHAT DO YOU NEED IN YOUR PHYSICAL WORKSPACE TO SUCCEED IN YOUR WORK?

With this question, companies are looking to see what equipment they may need to provide you with and to verify how aware you are of what remote working could mean for you physically and logistically...

5. HOW DO YOU PROCESS INFORMATION?

Several years ago, I was working in a team to plan a big event. My supervisor made us all work as a team before the big day. One of our activities has been to find out how each of us processes information...

6. HOW DO YOU MANAGE THE CALENDAR AND THE PROGRAM? WHICH APPLICATIONS / SYSTEM DO YOU USE?

Or you may receive even more specific questions, such as: What's on your calendar? Do you plan blocks of time to do certain types of work? Do you have an open calendar that everyone can see?...

7. HOW DO YOU ORGANIZE FILES, LINKS, AND TABS ON YOUR COMPUTER?

Just like your schedule, how you track files and other information is very important. After all, everything is digital!...

8. HOW TO PRIORITIZE WORK?

The day I watched Marie Forleo's film separating the important from the urgent, my life changed. Not all remote jobs start fast, but most of them are...

9. HOW DO YOU PREPARE FOR A MEETING AND PREPARE A MEETING? WHAT DO YOU SEE HAPPENING DURING THE MEETING?

Just as communication is essential when working remotely, so is organization. Because you won't have those opportunities in the elevator or a casual conversation in the lunchroom, you should take advantage of the little time you have in a video or phone conference...

10. HOW DO YOU USE TECHNOLOGY ON A DAILY BASIS, IN YOUR WORK AND FOR YOUR PLEASURE?

This is a great question because it shows your comfort level with technology, which is very important for a remote worker because you will be working with technology over time...

Data Entry Question and Answer

$150 $49

Remote Question and Answer

$150 $49

Virtual Assistant Question and Answer

$150 $49

Content Moderator Question and Answer

$150 $49

Customer Service Question and Answer

$150 $49

Video Game Tester Question and Answer

$150 $49

Related Posts