Full-Time

Sr. Security Engineer

Infrastructure

Posted on 7/22/2024

Varo

Varo

501-1,000 employees

Digital banking with fee-free services

Fintech
Financial Services

Compensation Overview

$150k - $180kAnnually

Senior

Remote in USA

Category
Cybersecurity
IT & Security
Required Skills
Kubernetes
Python
AWS
Terraform
Development Operations (DevOps)
Requirements
  • 5+ years in a Security, Infrastructure engineering, or DevOps role
  • Hands on experience with AWS and AWS security best practices
  • Experience writing and reviewing Infrastructure as Code (Terraform)
  • Experience with container security and container orchestration tools e.g. Kubernetes
  • An understanding of secure networking principles
  • Experience automating repetitive processes in a language like Python, Go, or other languages
Responsibilities
  • Design, develop, and deploy cloud security solutions in AWS and other cloud platforms
  • Automate security processes to increase team efficiency
  • Analyze existing behavior and write detections for anomalies
  • Work with DevOps, Data, IT, and Engineering teams to design effective solutions to secure their workloads
  • Establish and communicate best practices in secure architecture and deployment
  • Documenting processes and procedures for team use inside and outside of the team

Varo Money provides digital banking services aimed at individuals looking for accessible and affordable banking options. The company offers a fee-free banking experience, which sets it apart from traditional banks that often impose various fees. Customers can benefit from services such as receiving their paychecks up to two days early through direct deposit, cash advances of up to $500 without interest, and a credit-building service that has helped users increase their credit scores by an average of 40 points in three months. Varo is an independent bank with its own banking charter, ensuring that all deposits are FDIC-insured up to $250,000. The goal of Varo is to create a more inclusive banking environment that prioritizes customer needs and financial well-being.

Company Stage

Late Stage VC

Total Funding

$1B

Headquarters

San Francisco, California

Founded

2015

Growth & Insights
Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%
Simplify Jobs

Simplify's Take

What believers are saying

  • Increased demand for digital banking boosts Varo's customer base.
  • Gen Z and Millennials prefer digital-first banking, benefiting Varo's growth.
  • Open banking trends allow Varo to offer innovative, integrated services.

What critics are saying

  • Competition from Venmo and Cash App may hinder Varo's P2P growth.
  • Reliance on partnerships for deposits exposes Varo to operational risks.
  • Fee-free services might limit revenue if customer acquisition costs rise.

What makes Varo unique

  • Varo offers fee-free banking, unlike traditional banks with various fees.
  • Varo provides early payday options, giving customers quicker access to their money.
  • Varo's credit-building service helps customers improve credit scores by 40 points in three months.

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