Senior Analyst, Avant
Account Management Strategy
$66-88k
This role is eligible for additional incentives, including an annual bonus
M, T, Th in-office
3 days a week in office
Personal credit FinTech
Open for applications
Personal credit FinTech
501-1000 employees
Open for applications
$66-88k
This role is eligible for additional incentives, including an annual bonus
M, T, Th in-office
3 days a week in office
501-1000 employees
Company mission
To move financial lives forward.
Role
Who you are
- We are looking for an entrepreneurial, self-driven candidate who is passionate about problem solving and interested in making a difference
- If you are looking for an opportunity to join a great team where you can be yourself, deepen your skills and experiences, and find new areas of inspiration then consider a career at Avant!
- Bachelor's Degree in Business or quantitative field such as Finance, Economics, Physical Sciences, Math, Statistics, Engineering. Master is a plus
- Experience with analyzing large datasets and ability to deliver insights and recommendations to executive leadership
- Proficient with writing SQL queries, Python/R, Power BI, Tableau, Looker, Excel, and PowerPoint
- 1+ years of experience in any analytics discipline. Experience in consumer finance, credit cards and personal loans preferred
- Strong analytical, problem solving, and critical thinking skills
- Ability to initiate and drive projects to completion with minimal guidance
- Intellectual curiosity and aptitude to pick up new technical skills and domain knowledge
- An inquisitive, logical mindset with an attention to details- they matter!
- Strong written and oral communication skills with both technical and non-technical audiences
What the job involves
- This person will be a key member of our account management team and responsible for supporting the development and tracking of our end to end account management and servicing strategy
- Develop customer segmentation models and design contact and treatment strategies (i.e. credit line increase/decrease, APR adjustment, overlimit authorization, etc.) by working with large, structured, and unstructured datasets
- Develop business cases, assess the impact and track the outcome of said strategies
- Maintain and update the account management and credit policy and procedure to reflect the new strategy changes
- Use quantitative and analytical techniques to balance customer and business impact of strategies, build financial models to foresee the long term strategy impact to business KPIs
- Implement tests to drive strategy enhancement and optimization
- Design rich data visualizations to communicate complex ideas to business leaders and executives. Collaborate with key stakeholders across lines of business to improve, execute, and effectively communicate significant analyses that identify meaningful trends and opportunities across the business
- Prepare, analyze, and summarize various weekly, monthly, and periodic strategy results for use by various key stakeholders, creating reports, specifications, instructions, and flowcharts
- Assess and address issues to identify and implement improvements toward efficient account management and servicing operations
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, Chair & CEO)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.
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