Compliance Advisory Manager

| Chicago
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 one million customers to $6.5 billion in loans and to 200,000 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.
Do you have experience working in regulatory compliance and want to help enhance and build compliance processes at a FinTech company?
Avant is looking for a Compliance Officer to join its growing Compliance Department in Chicago. As a Compliance Officer, you will be responsible for participating in Avant’s Compliance Program, specifically in the areas of Compliance Advisory, Issue Management, and Complaint Management. You will help support multiple products that could include Unsecured Loans, Credit Cards, Secured Loans, or Point of Sale Loans offered through the Avant platform. Your job will be to effectively partner with various business units to provide guidance and ensure regulatory compliance with respect to new products, initiatives, complaints, and issues.
In this role, you are expected to maintain a high degree of knowledge of consumer lending rules and regulations, including, but not limited to TILA, ECOA, UDAAP, FDCPA, SCRA, MLA, GLBA, EFTA, TCPA, E-SIGN, BSA and other AML related regulations. As a Compliance Officer, you will be expected to promote a culture of corporate compliance by the use of best practices and a compliant work ethic in accordance with Avant’s internal policies.

What you do at Avant:

  • Help enhance and manage our issue management program, including assessing risk ratings and recommending remediation plans.
  • Analyze newly proposed business initiatives for regulatory risks, suggest risk mitigation, and propose additional controls.
  • Help manage our Complaint Management Program.
  • Build strong relationships and lines of communication with various business units.
  • Establish and continuously improve a consistent operating framework for the identification, management, monitoring and reporting of compliance risks and issues.
  • Evaluate the efficiency of controls and improve them continuously.
  • Prepare formal reporting to internal committees, management and the Board of Directors and to external bank partners. 
  • Take on additional projects and duties as needed.

What you might own at Avant:

  • Serve as the compliance subject matter expert for one of the credit products offered through Avant’s platform.
  • Getting involved early in the product design and change management process to suggest risk mitigation and controls.

Why you are a fit for Avant:

  • Bachelor’s Degree required; JD/CRCM a plus
  • 5+ years of financial services regulatory compliance experience (bank experience preferred)
  • Strong background in federal and state consumer finance laws
  • Prior compliance experience related to third party vendor relationships
  • Excellent communication skills and a track record of being able to interface and collaborate effectively with other departments, bank partners, and regulators
  • Ability to handle and execute on complex projects in a fast paced environment with minimal supervision
  • Strong interpersonal, analytical, and problem-solving skills 
  • Highly proficient with Microsoft Excel, PowerPoint, and Word (experience with SQL is a plus)
  • Willingness to learn new skills and monitor aptitude development to optimize accuracy and performance

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.

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Technology we use

  • Engineering
  • Product
    • JavascriptLanguages
    • PythonLanguages
    • RubyLanguages
    • SqlLanguages
    • TypescriptLanguages
    • ReactLibraries
    • AngularJSFrameworks
    • DjangoFrameworks
    • Ruby on RailsFrameworks
    • MySQLDatabases
    • JIRAManagement

Location

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.

Liz

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.

Molly

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!

Marq

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! =)

Hebron

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.

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!
Friends outside of work
Eat lunch together
Intracompany committees
Like the Diversity & Inclusion Committee and the Fun Committee, to name a few.
Daily stand up
Open door policy
Team owned deliverables
Team based strategic planning
Group brainstorming sessions
Pair programming
Open office floor plan
Diversity
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)
Company Equity
Performance Bonus
Child Care & Parental Leave Benefits
Generous Parental Leave
Flexible Work Schedule
Acme Co. provides employees with a flexible work schedule that includes Flexible start and end times.
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
Acme Co. hosts company outings Quarterly.
Game Room
Stocked Kitchen
Happy Hours
Relocation Assistance
Fitness Subsidies
Professional Development Benefits
Diversity Program
Lunch and learns
Cross functional training encouraged
Promote from within
Paid industry certifications
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