Avant is building the premier digital bank for the middle class.
Chicago, IL

Capital Markets Associate at Avant (Chicago, IL)

| Chicago
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Avant is dedicated to building premier digital banking solutions for the middle class through a combination of technology, analytics and superior customer service. Since 2012, Avant has connected over 1.5 million customers to over $7.5 billion in loans and 800,000 credit cards. A high growth financial technology company, Avant has been featured in The Wall Street Journal, The New York Times, TechCrunch, Fortune, Bloomberg, and has raised over $600 million of equity capital. Visit www.avant.com for more information.

The Capital Markets Associate will partner directly with the Treasurer/Head of Capital Markets and the CFO and will be responsible for executing all aspects of Avant’s funding activities from investor and lender relationship nurturing and management, funding strategy development, rating agency processes, deal negotiation, transaction execution, market research, market monitoring and other special projects. You will operate within a lean but high impact team and move seamlessly across all aspects of funding a dynamic, established high-growth consumer financial company. You will have access to all senior managers across the firm and have uniquely broad transparency into the firm’s span of business activities and strategic roadmap. This is a high visibility, high impact role within the organization that presents a significant opportunity for upward mobility and career development within the growing Avant organization.

While Avant was founded in 2013 and has a long track record of industry-leading funding market access for its existing consumer credit products, the Capital Markets Associate will also be responsible for developing and executing financing strategies for at least two new consumer product categories over the next 12-18 months.

We are looking for someone with a deep appreciation for capital markets, an interest in the fintech space, and a desire to be part of a lean team responsible for securing the funding Avant needs to achieve its vision to become the premier digital bank.

An ideal candidate will be well-rounded and have the potential (and desire) to become a senior leader at Avant over the long-term.

What you will do at Avant:

  • Partner with Treasurer/Head of Capital Markets, CFO to develop funding strategy
  • Responsible for full-spectrum execution of the funding strategy from investor outreach and external relationship management across the broad fintech landscape to market intelligence and deal negotiation and execution
  • Work with in-house counsel, external counsel, bankers, investors, rating agencies and other market participants to execute financing transactions from start to finish
  • Work cross-functionally with leaders from treasury, FP&A, accounting, risk, product teams as well as the executive suite to develop investor marketing materials and Avant overview presentations
  • Engage in constant two-way dialogue with current and prospective investors, lenders and other capital partners to help inform Avant leadership team of market developments (both in financing markets as well as strategic)
  • Conduct independent market research and intelligence gathering
  • Prospect for, negotiate, and execute whole loan sale agreements, warehouse financing facilities, corporate loans and other types of financing activities
  • Lead the development and distribution of periodic performance and business updates to Avant’s diverse investor following
  • Assist in maintaining databases/lists including investor lists, transaction comparables, and data/performance of Avant’s competitors
  • Manage, oversee, and mentor the analyst on the capital markets team.
  • Participate in and represent Avant at ABS conferences throughout the year

Why you are a fit for Avant:

  • 2-5+ years exposure to the debt capital markets (experience advising issuers on consumer ABS execution ideal)
  • Must be able to handle multiple responsibilities under pressure and work “live deal hours”
  • BS/BA degree required, with a major in business, finance, accounting, economics or similar technical field preferred
  • High level of proficiency with Microsoft Office suite (particularly in Excel, Powerpoint) required
  • Experience with coding and data management (VBA, SQL and/or Python) preferred
  • Excellent work ethic and willingness to contribute broadly to achieve team and company objectives
  • Strong verbal and written communication as well as technical and organizational skills
  • Strong interpersonal skills and is at ease meeting and speaking with internal and external parties on a continual basis
  • Strong analytical skills with attention to detail
  • Ability and willingness to travel occasionally
  • Experience managing junior team members

Check out our Avant Blog!

Why Avant is a fit for you:

At Avant, we believe our values make a difference:
We value, support, and help each other grow
We are committed to active inclusion and diversity
We are transparent and believe the best idea wins
We succeed when our customers succeed
We get sh!t done… responsibly
And we keep it fun!

We believe that ideas are more important than titles, everything is more fun together, everyone drives change, and everyone is an owner. While we believe the perks and benefits that we offer are terrific, 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 online lending.

Avant is an equal opportunity employer and individuals seeking employment are considered without regard to race, color, national origin, religion, sex (including pregnancy, sexual orientation or gender identity), age, disability or genetic information or any other factor protected by applicable federal, state or local law, regulation or ordinance.

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Where we are

Located on Chicago's scenic riverwalk, we're surrounded by trendy restaurants, a thriving startup community, and easy access to public transportation.

Technology we use

  • Engineering
  • Product
  • Sales & Marketing
    • JavascriptLanguages
    • KotlinLanguages
    • PythonLanguages
    • SqlLanguages
    • SwiftLanguages
    • TypeScriptLanguages
    • TypescriptLanguages
    • ReactLibraries
    • AngularJSFrameworks
    • DjangoFrameworks
    • FastAPIFrameworks
    • DremioDatabases
    • AWSDatabases
    • GCPDatabases
    • TealiumDatabases
    • SegmentDatabases
    • Google AnalyticsAnalytics
    • OptimizelyAnalytics
    • RockerboxAnalytics
    • AbstractDesign
    • CanvaDesign
    • FigmaDesign
    • IllustratorDesign
    • InVisionDesign
    • PhotoshopDesign
    • SketchDesign
    • ContentfulDesign
    • XDDesign
    • ConfluenceManagement
    • Google DriveManagement
    • Google DocsManagement
    • Google SlidesManagement
    • JIRAManagement
    • SmartsheetManagement
    • NotionManagement
    • WordpressCMS
    • ContentfulCMS
    • Twilio FlexCRM
    • MailChimpEmail
    • ResponsysEmail
    • BrazeEmail

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 free gym on site at our Chicago office and other great perks like a fully-stocked kitchen with beer on tap, casual dress code, a game room, and company happy hours.

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!
Friends outside of work
Eat lunch together
Intracompany committees
Like the Diversity & Inclusion Committee and the Fun Committee, to name a few.
Daily sync
Open door policy
Team owned deliverables
Team based strategic planning
Group brainstorming sessions
Pair programming
Open office floor plan
Documented equal pay policy
Dedicated Diversity/Inclusion Staff
Unconscious bias training
Diversity manifesto
Mean gender pay gap below 10%
Health Insurance & Wellness Benefits
Flexible Spending Account (FSA)
Disability Insurance
Dental Benefits
Vision Benefits
Health Insurance Benefits
Life Insurance
Wellness Programs
Onsite Gym
Retirement & Stock Options Benefits
401(K) Matching
Company Equity
Employee Stock Purchase Plan
Performance Bonus
Child Care & Parental Leave Benefits
Generous Parental Leave
Flexible Work Schedule
Remote Work Program
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 Holidays
Paid Sick Days
Perks & Discounts
Beer on Tap
Casual Dress
Commuter Benefits
Company Outings
Game Room
Stocked Kitchen
Happy Hours
Relocation Assistance
Fitness Subsidies
Professional Development Benefits
Job Training & Conferences
Diversity Program
Lunch and learns
Cross functional training encouraged
Promote from within
Online course subscriptions available
Paid industry certifications

An Insider's view of Avant

What’s the vibe like in the office?

The vibe is positive and encourages fun, but also strives for growth through hard work and innovation. I would also say Avant is a “come as you are” environment where people are able to bring their whole selves to work, which leads to diverse viewpoints and great ideas.


Software Engineer

How do you collaborate with other teams in the company?

Because of the nature of my role, I’m constantly collaborating and working with other teams. Program management is like being a traffic cop, at the intersections of every vertical within the business unit; I stop and start traffic, provide estimates on travel time, and route drivers down the right street if they get lost.


Customer Success Manager

What are some things you learned at the company?

The new projects we launch for our bank partners are really exciting because of all the learning opportunities they present. These projects require a substantial amount of collaboration between teams, so everyone is growing and learning from one another as we go. It's pretty awesome!


Tech Quality

What does your typical day look like?

70% of my day is working on code. 20% of my day is spent on unblocking other junior engineers or reviewing code. 10% of my day is in meetings. 100% of my day is spent having fun! =)


Software Engineer Team Lead

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