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 500,000 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.

Avant is looking for a new BSA/AML Compliance Associate or Compliance Manager (based on experience) to join the 20-person Compliance Department. This is a remote-eligible position based out of Chicago, IL. You will have access to experienced legal and compliance professionals for mentorship and support. Your primary focus will be BSA and other AML related regulations, however you should have a familiarity of general consumer lending and deposit rules and regulations.

What you do at Avant:

• Conduct transaction monitoring, identify unusual activity, escalating identified activity as needed and generally supporting all aspects of the BSA/AML Program. 
• Identify opportunities and implement automation to effectively scale the BSA/AML Program. 
• Provide consultation to the first line of defense by assisting in answering questions, providing technical advice and issue resolution, specifically on matters related to disputes, identity theft, and red flags cases. 
• Review unusual activity and identify patterns that require further escalation, including SAR filings to bank partners, as appropriate.
• Serve as the subject matter expert to ensure documents, projects, processes or product initiatives comply with regulatory and legal requirements and enterprise policy as it relates to BSA/AML Program. 
• Help enhance comprehensive internal guidelines regarding BSA/AML compliance.
• Work with business lines to implement and support BSA/AML initiatives, provide business lines with necessary support including training and process documentation.
• Provide assistance in the evaluation of new products and services, processes, and procedures to ensure requirements of the BSA and OFAC are met.
• Assist with the enterprise BSA/AML and OFAC Risk Assessment processes.
• Complete compliance reviews on business lines to evaluate compliance with applicable laws and regulations and company policy. Assess adequacy of internal controls and assist with remediation as applicable. Develop supporting documentation including procedures, workpapers, reports, and other supplemental documentation.
• Stay current on financial services products and regulatory landscape, specifically on BSA/AML laws and regulations for business impact.
• Perform other duties and projects as assigned. 

What you might oversee at Avant:

• BSA/AML transaction monitoring function, including calibrating alert rules to minimize false positives and focus resources on areas of significant risk.
• SAR filings with bank partners and other bank partner requests.
• Dispute resolution, identity theft and red flags cases.
• Vendor relationships for transaction monitoring, sanctions screening, and other fraud investigation tools and solutions.

Why you are a fit for Avant:

• 4+ years of financial services, fraud investigation or risk management, and/or regulatory compliance experience.
• Outstanding initiative, communication skills, attention to detail, and organizational skills.
• Ability to demonstrate high-level writing proficiency and compile detailed reports.
• Highly proficient with Microsoft Office (Word, Excel, PowerPoint ) and Google Suite.
• Excellent ability to investigate, analyze, and interpret data, specifically around suspicious account activity. Self-confidence, good judgment, and the ability to make sound decisions.
• Strong interpersonal, analytical, and problem-solving skills.
• Must be able to interface and collaborate effectively with other departments.
• Willingness to learn new skills and monitor aptitude development to optimize accuracy and performance.
• Willingness to take on additional projects and duties as needed.
• SQL, Atlassian (Jira and Confluence), and/or Looker experience a plus.

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.