Senior Analyst, Risk Strategy

| Chicago
Avant is revolutionizing the world of lending by lowering the costs and barriers of borrowing for everyday people. At our core, we are a technology company that builds advanced platforms and uses custom analytics. Today, we help underserved consumers, the majority of whom get fast funding on our online platform without having to talk anyone. Tomorrow we plan to use our world class technology and underwriting capabilities to launch new products and bank partnerships that improve people’s financial lives.
Let’s get to business. Avant is looking for a new Senior Analyst to join the Risk team in Chicago. This position plays a critical role in Avant’s Business Analytics – Unsecured Loan team. Unsecured loans are Avant’s primary product offering and this role would be working directly on managing the credit underwriting criteria and developing new strategies to minimize risk and optimize profitability for Avant’s core product. We are looking for a hands on candidate who takes ownership and seeks opportunities.

What you do at Avant:

  • Developing and implementing underwriting rules using analytical methods like segmentation, predictive models, hypothesis testing, etc.
  • Using visualization tools to build dashboards and monitor key performance indicators 
  • Using data to understand new ways of finding impactful insights from limited data sets and develop recommendations 
  • Initiating and executing pricing and line assignment tests to validate hypotheses on price sensitivity as well as affordability 
  • Collaborating with cross-functional business partners on new initiatives, project requests, prioritization and delivery
  • Communicating strategies/proposals/solutions to key stakeholders

Why you are a fit for Avant:

  • Bachelor's Degree in related field (Master's Degree preferred)
  • 1+ years analytical experience in the consumer finance industry
  • 1+ years of experience leveraging data tools such as SQL, R, Python
  • 2-3 years of experience conducting underwriting and pricing related analytics in a lending/banking organization
  • Knowledge of credit scorecard model development
  • Ability to translate analysis results into clearly defined and implementable strategies/rules
  • Strong quantitative and problem-solving skills with key attention to detail
  • High level of inquisitiveness, initiative and critical thinking 
  • Proven ability to effectively communicate with all levels of staff and management

Why Avant is a fit for you: At Avant, we believe our values make a difference:We value, support, and help each other growWe are committed to active inclusion and diversityWe are transparent and believe the best idea winsWe succeed when our customers succeedWe get sh!t done… responsiblyAnd 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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Location

Located on Chicago's scenic Riverwalk. It’s home to nearby trendy restaurants, a thriving startup community, and public transportation.
222 N. LaSalle Street, Chicago, IL 60601

Perks of working here

401(K)
Dental
Health Benefits
Stocked Kitchen
Unlimited PTO
Vision
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