Business Risk Management Associate

Posted 3 Days Ago
Chicago, IL
Hybrid
Junior
Fintech • Software • Financial Services
Avant champions every customer on their financial journey and moves financial lives forward.
The Role
The Business Risk Management Associate at Avant will drive the Corrective Action program, assist in managing operational risks, support change management, and enhance risk culture. Responsibilities include documenting risks, building relationships across departments, and delivering insights to leadership while managing multiple projects.
Summary Generated by Built In

Avant is adding to our Business Risk Team in Chicago! We are looking for an entrepreneurial, self-driven candidate who is passionate about the function of Risk Management and interested in making a difference. This person will be responsible for contributing to our Issues Management program and supporting risk mitigation activities across the enterprise. If you're looking for an opportunity to join a great team where you can be yourself, deepen your skills and experiences, and have the flexibility and access to find new areas of inspiration, then consider a career at Avant on the Business Risk Team.

 

This position is hybrid in nature requiring three in-office working days per week at Avant's HQ in Downtown Chicago.

What you do:

  • Drive Avant’s Corrective Action program forward by reviewing and reconciling internal and external risk incidents/loss events to ensure that incidents are addressed in a timely manner consistent with incident management response standards

  • Develop close partnerships across lines of business and drive discussions with business stakeholders to ensure that key risks are properly identified, managed and mitigated

  • Document and develop front-line controls, identify emerging risks and material enterprise-wide risk issues

  • Create strong documentation surrounding risk identified in Avant operations and develop front-line controls in partnership with key stakeholders to ensure risk mitigation in the future

  • Support change management for new products, business initiatives and strategies, and assess impact on the division’s risk profile to ensure a consistent customer focus through Avant operations

  • Contribute to developing a strong risk culture and work with the business to reinforce accountability and transparency across the organization

Why you are a fit:

  • Familiarity with operational risk management concepts and practices, and ability to deliver insights and recommendations to leadership stakeholders

  • Experience in querying and analyzing large datasets on a regular basis to assess scope and impact

  • A collaborative and cross-functional skillset with the ability to develop working relationships with business and functional partners

  • Strong collaboration and cross-functional skill set with the proven ability to develop effective working relationships with business and functional partners to influence decisions

  • Experience with project management and the ability to independently manage multiple priorities while delivering a quality work product

  • A strong moral compass and a commitment to high ethical standards

  • Bachelor’s degree in Finance, Business Administration, Accounting, or comparable experience

  • 2+ years of work experience in Risk Management, Audit, Compliance, or Project Management capacity

  • 2+ years of experience on projects within a complex business environment preferred

  • 1+ years of experience with SQL preferred

  • Advanced Microsoft Office skills required

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

  • Unlimited 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

This position may require you to be fully vaccinated against COVID-19. If required, you'll be asked to provide proof that you’re fully vaccinated upon your start date or before working in or visiting our Chicago office. You’re considered fully vaccinated two weeks after you receive the second dose of a two-dose vaccine series (e.g., Pfizer or Moderna) or two weeks after a single-dose vaccine (e.g., Johnson & Johnson/Janssen). Failure to provide proof of vaccination may result in termination. Subject to applicable law and requests for accommodation.

Top Skills

SQL

What the Team is Saying

Margaret
Dave
Sharity
Pritam
The Company
Chicago, IL
250 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.

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Avant Offices

Hybrid Workspace

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

Typical time on-site: 3 days a week
Chicago, IL

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