Associate, Fraud Analytics

Posted 16 Days Ago
Be an Early Applicant
Chicago, IL
Hybrid
Mid level
Fintech • Software • Financial Services
Avant champions every customer on their financial journey and moves financial lives forward.
The Role
The Associate in Fraud Analytics at Avant will develop fraud detection rules and models, perform statistical analysis, create dashboards, and improve customer authentication processes while collaborating with various stakeholders. They will analyze data trends in the consumer finance sector to reduce fraud losses and communicate findings effectively.
Summary Generated by Built In

Avant is looking for knowledgeable fraud professionals to join our Fraud Operations team in Chicago. This position is critical in supporting real-time escalations of accounts within Avant's alerting, offline analysis of emerging threat vectors, and communication of investigation details, including opportunities to improve our current customer authentication and escalation policy to key business leaders' key stakeholders.

What you'll do at Avant:

  • Develop and implement fraud rules using analytical methods like segmentation, predictive models, hypothesis testing, etc.

  • Use visualization tools like looker to build dashboards and monitor key performance indicators 

  • Use data to understand new ways of finding impactful insights from limited data sets and develop recommendations 

  • Use data to understand new ways of finding impactful insights from limited data sets and develop recommendations 

  • Assist with data wrangling and automation of data pipelines for real time alerting and performance monitoring

  • Own and run key processes to reduce fraud losses.

  • Analyze data, create models/strategies, and recommend solutions for the latest fraud trends. 

  • Work with stakeholders throughout the company to identify opportunities for leveraging company data and third-party vendor data to drive business solutions

  • Work with the team to measure impact and make updates to the model/strategies and services as needed.

  • Communicate results, explain behavior of models/strategies, and set appropriate expectations with stakeholders.

  • Strategize on building models and assist with deployments into production.

  • Doing ad-hoc analysis and presenting results in a clear manner to Sr. Management

Why you are a fit for Avant:

  • Bachelor's Degree in Technology, Statistics, Business Analytics, related field (Master's preferred), or comparable experience

  • 3+ years of analytical experience in the consumer finance industry

  • 3+ years of experience leveraging data tools such as SQL, R, Python

  • 3+ years of experience conducting data analytics in a lending/banking organization

  • Ability to translate analysis results into clearly defined and implementable strategies/rules

  • Strong quantitative and problem-solving skills with key attention to detail

  • High level of inquisitiveness, initiative, and critical thinking 

  • Proven ability to effectively communicate with all levels of staff and management

  • Prior experience in statistics and machine learning modeling techniques through coursework or professional experience

  • Proven ability to communicate findings clearly to both technical and non-technical audiences

Check out our Avant Blog!

We believe that a diverse set of backgrounds and experiences helps us create the most innovative solutions for our customers. We invite you to apply to our positions even if you do not meet 100% of the qualifications listed in the description. If you’re passionate about our mission and aligned to our values, we hope you’ll come contribute to our awesome culture.

Why Avant is the place for you:

At Avant, we believe our values make a difference:

Authenticity. We show up to work as our whole selves and make sure others can too.

Collaboration. We can only succeed when we do so as a team.

Problem-Solving. The harder the problem, the more satisfying the solution.

Customer. We are all owners of the customer experience.

Initiative. Plan. Adapt. Get Sh!t Done.

We believe that great ideas come from anyone and anywhere, that everyone is an owner who drives change, and that we have more fun when we work together. We're problem solvers who love collaborating with intelligent and highly-motivated people to reshape the face of digital banking. Avant offers terrific perks and benefits, fun social events with employees who actually like hanging out together, and a flexible growth environment where trying your hand at new projects and being the active owner of your career path is encouraged and supported.

Some of our benefits include:

  • Choice of great Medical, Dental, and Vision Insurance Plan options

  • 401(k) Match

  • Flexible Paid Time Off

  • Flexible Work Environment

  • Generous Paid Parental Leave

  • Lunch Allowance (Fooda) and In-office Snacks

  • WFH Stipends for our Remote Employees

  • Access to LinkedIn Learning for Professional Development

  • No Meeting Wednesdays - (a.k.a. planned time to Get Sh!t Done)

  • Summer Fridays

  • Fun In-Office and Virtual Social Events

  • And who doesn’t love the swag

Top Skills

Python
R
SQL

What the Team is Saying

Nupur
Matt
Stefanie
Margaret
Dave
Sharity
Amanda
Pritam
The Company
HQ: Chicago, IL
345 Employees
Hybrid Workplace
Year Founded: 2012

What We Do

Avant provides its customers access to the financial tools they need to move their financial lives forward. The financial marketplace is changing every day, and Americans recognize that financial companies can and should be delivering better, smarter products. We’re disrupting the marketplace and connecting middle income consumers to the financial products they deserve. We make our products with our customers in mind at every step of the process. We’re about being seamless and speedy, bringing our customers mobile-first experiences that are surprisingly simple and delightfully easy.

Over the years, Avant has continued to streamline the online borrowing process. Backed by some of the most well-regarded investors in the fintech space, it has helped more than 2 million people get the funding they deserve. Avant remains committed to its founding vision to create new solutions that help move financial lives forward. Every day, our growing team helps more people across the country pursue their financial goals.

To move our customers' financial lives forward, it takes an inclusive culture where every employee feels like they can make a valuable contribution, as well as a commitment to investing in the communities where we live and work. Our social impact mission to "Put People First" is the foundation that informs all facets of our teamwork model and our business strategy.

Why Work With Us

At Avant we believe that ideas are more important than titles, everything is more fun together, everyone drives change, and everyone is an owner. Nothing excites us more than having the ability to collaborate with intelligent, highly-motivated and talented people on challenging problems as we work to change the face of digital banking.

Gallery

Gallery
Gallery
Gallery
Gallery
Gallery
Gallery
Gallery
Gallery
Gallery
Gallery

Avant Offices

Hybrid Workspace

Employees engage in a combination of remote and on-site work.

Typical time on-site: Flexible
HQChicago, IL
Located on Chicago's scenic riverwalk, we're surrounded by trendy restaurants, a thriving startup community, and easy access to public transportation.

Similar Jobs

Avant Logo Avant

Associate, Data Engineer

Fintech • Software • Financial Services
Hybrid
Chicago, IL, USA
345 Employees

Avant Logo Avant

Analyst, Fraud Operations

Fintech • Software • Financial Services
Hybrid
Chicago, IL, USA
345 Employees

Avant Logo Avant

Senior Analyst – Cyber Threat Operations Center

Fintech • Software • Financial Services
Hybrid
Chicago, IL, USA
345 Employees

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account