Senior Analyst Business Analytics, Underwriting

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Job Description

We only have so many hands so for this search Avant has exclusively partnered with LaSalle Network, the leading provider of professional staffing and recruiting services. LaSalle has worked with more than 10,000 companies, ranging from Fortune 500s to start ups. With units specializing in accounting and finance, administrative, marketing, executive search, technology, supply chain, healthcare revenue cycle, call center, and human resources, LaSalle serves companies of all sizes and across all industries.

What Avant does

We are revolutionizing the world of lending by lowering the costs and barriers of borrowing for everyday people. At our core, we are a tech company that builds advanced technology platforms and uses custom analytics to expand access to credit. Today, our platform helps underserved consumers find fair and fast installment loans. Tomorrow we plan to use our world class technology and underwriting capabilities to launch new products and services that help people improve their financial lives.

We think we are great, but you don’t have to take our word for it. Avant has been featured in publications such as The Wall Street Journal, The New York Times, TechCrunch, Fortune, Bloomberg and Crain's Chicago Business. We have also been named one of Forbes America's Most Promising Companies and we’ve been featured on Forbes’ list of Next Billion Dollar Startups. Find out more at www.avant.com.

Who Avant is

We are nerds, passionate consumer advocates, hungry to make an impact, financial wizards who actually understand the fine print, data junkies, and a place where you can wear a baseball hat, a suit or both at the same time.

We believe that ideas are more important than titles, everything is more fun together, everyone drives change, and everyone is an owner.

Cool office and amazing benefits? Yeah… we have those - just ask us.

Whoever you are, you are welcome here; come join us.

Job Description

Let’s get to business. Avant is looking for a new Senior Analyst to join the team in Chicago. This position plays a critical role in Avant’s Business Analytics – Unsecured Loan team. Unsecured loans are Avant’s primary product offering and this role would be working directly on managing the credit underwriting criteria and developing new strategies to minimize risk and optimize profitability for Avant’s core product.  We are looking for a hands on candidate who takes ownership and seeks opportunities.

Specifically, you will be responsible for the following:

  • Develope and implement underwriting rules using analytical methods like segmentation, predictive models, hypothesis testing, etc.
  • Use visualization tools 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
  • Initiat and executing pricing and line assignment tests to validate hypotheses on price sensitivity as well as affordability
  • Collaborate with cross-functional business partners on new initiatives, project requests, prioritization and delivery
  • Communicate strategies/proposals/solutions to key stakeholders

Minimum Qualifications

  • Bachelor's degree in related field
  • 1+ years analytical experience in the consumer finance industry
  • 1+ years of experience leveraging data tools such as SQL, R, Python

Preferred Qualifications

  • Master’s deegree in related field
  • 2-3 years of experience conducting underwriting and pricing related analytics in a lending/banking organization
  • Knowledge of credit scorecard model development
  • 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

If you are interested in the Sr. Analyst, Business Analytics position and meet the above requirements, please apply today. 

Thank you, 

Colby Loetz
Accounting, Finance, Credit and Risk Search
LaSalle Network


Keywords and Related Terms: credit analyst , credit associate , business analyst , finance , financial analyst , risk analyst , risk consultant , credit risk analyst , credit risk consultant , underwriting , origination , credit underwriting , business analytics ,

Avant provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability or genetics. In addition to federal law requirements, Avant complies with applicable state and local laws governing nondiscrimination in employment in every location in which the company has facilities. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.

LaSalle Network is an Equal Opportunity Employer, m/f/d/v.

[email protected]

#LI-POST-43;acct,anls,fin;F;60601
 

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Technology we use

  • Engineering
  • Product
  • Sales & Marketing
    • JavascriptLanguages
    • KotlinLanguages
    • PythonLanguages
    • SqlLanguages
    • SwiftLanguages
    • TypeScriptLanguages
    • TypescriptLanguages
    • ReactLibraries
    • DjangoFrameworks
    • FastAPIFrameworks
    • MySQLDatabases
    • PostgreSQLDatabases
    • DremioDatabases
    • AWSDatabases
    • GCPDatabases
    • TealiumDatabases
    • SegmentDatabases
    • Google AnalyticsAnalytics
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    • RockerboxAnalytics
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    • ConfluenceManagement
    • Google DriveManagement
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    • JIRAManagement
    • SmartsheetManagement
    • NotionManagement
    • WordpressCMS
    • ContentfulCMS
    • Twilio FlexCRM
    • MailChimpEmail
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Location

Located in the Merchandise Mart just off Chicago's scenic riverwalk, we're surrounded by trendy restaurants, a thriving startup community, and easy access to public transportation.

An Insider's view of Avant

Margaret, smiling in a grey jacket and black top with a gold necklace

What’s the vibe like in the office?

The diversity of characteristics that make up our team is what makes Avant great. We proactively explore ways to play to the strengths and uniqueness of our culture and stay connected whether Avantees are in person or remote. We are working hard to preserve the key elements of our culture — which are centered around relationships — as we scale.
Margaret, smiling in a grey jacket and black top with a gold necklace

Margaret

Chief Operating Officer
Sharity, smiling with her arms crossed, wearing a white top and black jacket

What does your typical day look like?

It starts with reviewing my project prioritization list to determine whether anything should be modified (Legal follows the agile methodology for project management). Then I usually spend my day meeting with business and risk partners where I act as a strategic legal partner. From there, I take the necessary action to address and clear my list.
Sharity, smiling with her arms crossed, wearing a white top and black jacket

Sharity

Senior Manager, Legal
Dave, smiling at the camera in a suit

How has your career grown since starting at the company?

As soon as I started, it was clear that I had the ability to make a difference at the company. My feedback was taken seriously and resulted in multiple different operational changes even though I was in an entry level position. I’ve now been with Avant for more than 9.5 years, and in that time I’ve held more than seven different roles.
Dave, smiling at the camera in a suit

Dave

Director, Compliance Advisory
Amanda, smiling at the camera in a white top

What is your vision for the company?

Put simply, our focus is on moving financial lives forward. We do this by offering credit products designed to be within reach for the millions of Americans with non-prime credit. These individuals have historically been underserved and don’t have a lot of options, but we want to change that.
Amanda, smiling at the camera in a white top

Amanda

Chief Marketing Officer
Pritam, smiling at the camera in a light-colored buttondown shirt

How would you describe the company’s work-life balance?

Avant has a deeply ingrained culture of understanding and empathy towards parents. We all wear multiple hats, and Avant respects that being a parent is one of the most critical roles we can play. From flexible hours to managers encouraging parents to attend their child’s school events, Avantees are encouraged to prioritize their duties as parents.
Pritam, smiling at the camera in a light-colored buttondown shirt

Pritam

Senior Manager, Product Management

What are Avant Perks + Benefits

Avant Benefits Overview

We offer group Medical, Dental, and Vision coverage, generous parental leave, commuter benefits, and unlimited vacation time. We have a gym on site at our Chicago office and other great perks like a fully-stocked kitchen with beer on tap, casual dress code, a newly-remodeled office on the Chicago River, and company happy hours.

Culture
Volunteer in local community
We love being in Chicago! We'll run donation drives for local schools, pack lunches for city shelters, host events for young people interested in fintech, and whatever else comes up!
Partners with nonprofits
In 2022, Avant engaged with the community by mentoring underrepresented students and demystifying STEM careers, providing school supplies to children in foster care and cleaning up local parks
Open door policy
OKR operational model
Team based strategic planning
Pair programming
Open office floor plan
Employee resource groups
Quarterly engagement surveys
Hybrid work model
Employee awards
Flexible work schedule
Remote work program
Our remote work program includes work from home and the option for most employees to work remotely as needed.
Diversity
Documented equal pay policy
Dedicated diversity and inclusion staff
Mandated unconscious bias training
Diversity manifesto
Mean gender pay gap below 10%
Diversity employee resource groups
Health Insurance & Wellness Benefits
Flexible Spending Account (FSA)
Disability insurance
Dental insurance
Vision insurance
Health insurance
Life insurance
Wellness programs
Mental health benefits
Financial & Retirement
401(K)
401(K) matching
Company equity
Performance bonus
Child Care & Parental Leave Benefits
Generous parental leave
Family medical leave
Adoption Assistance
Avant's adoption assistance plan provides reimbursement of adoption-related expenses for up to $5,000 per adoption, for up to two adoptions.
Return-to-work program post parental leave
Vacation & Time Off Benefits
Unlimited vacation policy
Generous PTO
Paid volunteer time
Paid holidays
Paid sick days
Floating holidays
Office Perks
Commuter benefits
Company-sponsored outings
Free daily meals
In-office Avantees receive a meal stipend for $10/day meal delivery right to our kitchen.
Free snacks and drinks
Company-sponsored happy hours
Relocation assistance
Fitness stipend
Home-office stipend for remote employees
Mother's room
Onsite gym
Professional Development Benefits
Job training & conferences
Lunch and learns
Promote from within
Continuing education available during work hours
Online course subscriptions available
Paid industry certifications

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