Product Analyst, Avant
Money Movement
$55-80k
+ Annual bonus
More information about location
3 days a week in office
Personal credit FinTech
Job no longer available
Personal credit FinTech
501-1000 employees
Job no longer available
$55-80k
+ Annual bonus
More information about location
3 days a week in office
501-1000 employees
Company mission
To empower every customer with innovative solutions designed to help them reach their goals.
Role
Who you are
- An excellent candidate for this role is not content with only receiving explicit instructions or working from a queue
- You are eager to learn, quick to communicate, and are comfortable taking on the unknown
- You thrive in dynamic, team-based environments, and are excited about challenging yourself to execute at the highest level
- You leave your ego at the door, and let your results speak for themselves
- Bachelor’s Degree in a technical field or comparable experience
- 1-4+ years of data analysis, product, engineering, or design experience
- Highly analytical with proficiency in SQL. Familiarity with Python or R is a plus
- Strong attention to detail
- Ability to independently prioritize tasks given timelines and team goals
- If you are a highly motivated and detail-oriented individual with a passion for data and product management, we encourage you to apply for this position
What the job involves
- As a Product Analyst for the Money Movement team at Avant, you have the ability to identify and execute on major opportunities that deliver customer value and impact Avant’s future
- You will help fulfill the Money Movement team’s mission to develop features that engage our customers, support their payments experience, and help move their financial lives forward
- Establish strong relationships with product managers, engineers, designers, and other key business stakeholders to build cross-functional trust and awareness
- Understand how to tailor technical discussions to diverse audiences
- Support the team’s data needs by developing a deep understanding of the data model, tracking KPIs, and executing requests for ad hoc analysis
- Develop subject matter expertise in your area of responsibility
- Proactively identify and communicate opportunities for improvement using data-driven insights
- Own the strategy and execution of servicing features
- Identify and prioritize opportunities through data analysis
- Translate opportunities into actionable product requirements
- Collaborate with engineering through implementation and testing
- Measure feature effectiveness and iterate based on results
- Contribute to high-value projects and demonstrate leadership capabilities
- Over time, take on additional responsibilities, whether that’s managing a small team or deepening your expertise as an individual contributor
Our take
Many Americans with below average credit scores are caught in a bind: they're unable to improve their score, and simultaneously cannot access traditional loans. Avant's alternative is to offer credit options that are powered by machine learning and based upon a large database that helps to manage risk.
For its users, the company offers a quick credit decision and speedy access to any allotted funds. It has issued over $8 billion in loans to date, and has also expanded its business through the acquisitions of ReadyForZero in 2015 and Zero Financial in 2021.
This expansion has enabled Avant to reach towards its goal of offering a whole suite of products in a single platform, such as loans, credit cards, and deposits. Although there are many FinTechs looking at ways to remove the barriers that people with low credit scores face when trying to take out loans, this expansion to banking products should help Avant to stand out.
Steph
Company Specialist at Welcome to the Jungle
Insights
-3% employee growth in 12 months
Company
Funding (last 2 of 6 rounds)
Dec 2022
$125m
GROWTH EQUITY VC
Sep 2015
$325m
SERIES E
Total funding: $779m
Company benefits
- Choice of great medical, dental, and vision insurance plan options
- 401(k) Match
- Unlimited paid time off
- Flexible work environment
- Generous paid parental leave
- Lunch allowance (Fooda) and in-office snacks
- WFH stipends for our remote employees
- Access to LinkedIn Learning for professional development
- No meeting wednesdays - (a.k.a. planned time to Get Sh!t Done)
- Summer fridays
- Fun in-office and virtual social events
- (And who doesn’t love the swag)
Company HQ
River North, Chicago, IL
Leadership
Al Goldstein
(Co-Founder & Executive Chair)They worked for a year at Deutsche Bank before founding Pangea Properties in 2008, and Avant in 2013. They have been Chair since, alongside founding Amount, Spring Labs, and StoicLane.
Paul Zhang
(Co-Founder & CIO)Having studied at the University of Illinois, they spent a year as a Software Engineer at CashNetUSA and Enova Financial. They founded Debteye in 2011, before starting Avant in 2013, serving first as CTO then Chief Architect, CTO again and finally CIO.
Matthew Bochenek
(CEO)Has been with the business since 2013, working in a range of positions including Head of US Servicing, Head of Operations and COO - before becoming CEO in 2021. Previously spend a decade at Superfund Asset Management.
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