BSA/AML Compliance Sr Associate, Manager at Avant

| 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 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 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.

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Technology we use

  • Engineering
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    • JIRAManagement


Located on 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

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

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
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
Return-to-work program post parental leave
Vacation & Time Off Benefits
Unlimited Vacation Policy
Generous PTO
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
Paid industry certifications
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