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Product Manager, Savings and Deposits

Job in Salt Lake City, Salt Lake County, Utah, 84193, USA
Listing for: Varo Bank
Full Time position
Listed on 2026-01-01
Job specializations:
  • Business
    Business Analyst, Business Management
Job Description & How to Apply Below

Base pay range

$/yr - $/yr

About Varo

Varo Bank is an entirely new kind of bank. All digital, mission-driven, FDIC‑insured and designed for the way our customers live their lives. We believe everyone deserves financial empowerment and our product team is at the heart of this mission, collaborating across departments and using customer insights and hard data to build products that solve everyday problems.

About the role

We are seeking a Product Manager to join the Savings and Deposits team to define, lead, and deliver key aspects of our payments roadmap. Your objective will be to rapidly expand our payments capabilities to meet core customer needs.

We’re looking for an individual who can converge customer and business needs through deep understanding of payment rail capabilities and user experience. Our goal is beyond utility needs: delight our customers with money movement that is fast, frictionless, intelligent, and transparent. This role will be responsible for end‑to‑end initiatives—from performing customer and market research, to designing the product, to developing and implementing it, and measuring results to identify opportunities to iterate.

What

you'll be doing
  • Create and drive epics and user stories in support of state‑of‑the‑art money movement and deposit capabilities.
  • Establish thought leadership in payments experiences.
  • Manage product performance, focusing on customer needs, driving growth, and controlling costs.
  • Collaborate with cross‑functional teams (engineering, data science, design, marketing, etc.) to build and run solutions.
  • Develop and present detailed product deliverables to cross‑functional stakeholders and executives.
  • Stay updated on industry trends and best practices.
  • Remove team obstacles and champion payments initiatives across Varo.
Required skills and experiences
  • 5+ years of related work experience with 3+ years in Product Management.
  • Experience in payments, banking, and/or fintech.
  • Familiarity with UX paradigms and best practices.
  • A measurement mindset—you know when to launch with holdouts, A/B tests, or multi‑armed bandits and can evaluate results to recommend next steps.
  • A bias toward action—you’ll find a way to get the insights you need to inform your decisions.
  • Ability to distill complex information into clear, succinct strategy documents and actionable PRDs that sell your vision.
  • Technical proficiency to collaborate with engineers on the technical architecture of the products you’ll build.

We recognize not everyone will have all of these requirements. If you meet most of the criteria above and you’re excited about the opportunity and willing to learn, we’d love to hear from you!

EEO statement

Varo is an equal opportunity employer. Varo embraces diversity and is committed to building teams that represent a variety of backgrounds, perspectives, and skills. All applicants will be considered for employment without attention to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran, or disability status.

Fraud awareness

Varo will never ask for payment to process documents, refer you to a third party to process applications or visas, or ask you to pay costs. Never send money to anyone suggesting they can provide work with Varo. If you suspect you have received a phony offer, please e‑mail  with the pertinent information and contact details.

AI in the hiring process

We may use artificial intelligence (AI) tools to support parts of the hiring process, such as reviewing applications, analyzing resumes, or assessing responses. These tools assist our recruitment team but do not replace human judgment. Final hiring decisions are ultimately made by humans. If you would like more information about how your data is processed, please contact us.

Seniority level

Not Applicable

Employment type

Full‑time

Job function

Product Management and Marketing
Banking

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