Compliance Testing Officer

| Chicago
Avant is a high growth financial technology company, dedicated to lowering the barriers of borrowing for all consumers. Since 2012, Avant has secured more than $4 billion in funding and connected customers to over $5 billion through 800,000 transactions and counting. Through big data and machine learning, Avant’s mission is to provide better access to responsible financial products. 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.
Job Description
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 new Compliance Officer to join the Regulatory Compliance team within the 20-person Compliance Department in Chicago. You will be primarily responsible for assisting with second line regulatory compliance monitoring and testing support, while also supporting state regulatory examinations, regulatory audits, conducting regulatory risk assessments, and tracking regulatory events and updates. This role may also entail support of other compliance functions including compliance reporting and bank partner audits.
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, and Fair Lending. You will work with multiple business units to analyze regulatory requirements, calibrate business functions using a risk-based approach, to ultimately ensure proper adherence to applicable state and federal rules and regulations.
Please Note: This is a remote eligible position based out of Chicago, IL.

What you do at Avant:

  • Perform targeted regulatory testing to ensure compliance with applicable regulations
  • Review controls established by business owners for effectiveness
  • Participate in Regulatory team initiatives to enhance second line compliance oversight
  • Ensure compliance function calibrations are aligned with areas of regulatory risk
  • Participate in regulatory and bank partner examinations and audits
  • Collaborate with various business units to enhance the existing regulatory risk assessment framework, identify controls and gaps in business rules and processes, and assemble findings in reports to senior management and bank partners
  • Prepare formal reporting to senior management and the Compliance Committee
  • Stay abreast of all federal and state regulatory changes related to consumer lending 

What you might own at Avant:

  • On a regular cadence, ability to work independently on internal regulatory audits and related transactional testing
  • Additional regulatory side projects as necessary

Why you are a fit for Avant:

  • BA/BS required; JD/CRCM optional
  • 2-5 years of financial services regulatory compliance experience
  • Strong background in federal and state consumer finance laws
  • Outstanding initiative, communication skills, attention to detail and organizational skills
  • Ability to demonstrate high-level writing proficiency and deliver detailed reports to management
  • Highly proficient with Microsoft Office (Word, Excel, Powerpoint) and Google Suite
  • Excellent ability to analyze and interpret data as well as state and federal regulations
  • Ability to handle and execute on complex projects in a fast paced environment with minimum supervision
  • 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, bank partners and state regulators
  • Willingness to learn new skills and monitor aptitude development to optimize accuracy and performance
  • Take on additional projects and duties as needed 

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
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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 stand up
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
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 Holidays
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
Mentorship program
Paid industry certifications
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