Full-Time
Sr. Security Engineer
Infrastructure
Confirmed live in the last 24 hours
Varo
501-1,000 employees
Digital banking with fee-free services
Compensation Overview
$150k - $180kAnnually
Senior, Expert
Remote in USA
- 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
- 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 operates as 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
Series E
Total Funding
$996.3M
Headquarters
San Francisco, California
Founded
2015
6 month growth
↓ -3%1 year growth
↓ -6%2 year growth
↓ -13%
Simplify's Take
What believers are saying
- Varo's inclusion in Inc.'s 2023 Best in Business list for the third consecutive year highlights its strong reputation and industry recognition.
- The introduction of the 'Varo to Anyone' P2P feature positions Varo as a competitive alternative to popular services like Venmo and Cash App.
- Varo's credit-building service, which has shown to increase credit scores by an average of 40 points in three months, offers significant long-term financial benefits for customers.
What critics are saying
- The competitive fintech landscape, with major players like Chime and traditional banks entering the digital space, could challenge Varo's market share.
- Rapid expansion and the introduction of new features may strain Varo's operational capabilities and customer service.
What makes Varo unique
- Varo's fee-free banking model sets it apart from traditional banks that often charge various fees, making it a more attractive option for cost-conscious consumers.
- The early payday feature, allowing customers to receive their paychecks up to two days early, provides a significant advantage for those living paycheck-to-paycheck.
- Varo's independent banking charter and FDIC insurance up to $250,000 ensure a high level of security and trust for its customers.