Avant · 2 days ago
Manager, Fraud Analytics
Greater Chicago Area
Full-time
Hybrid
Senior Level
$125K/yr - $155K/yr
7+ years expAvant is looking for knowledgeable fraud professionals to join their Fraud Operations team. This position is critical in leading a team of analysts and driving fraud prevention and mitigation strategies throughout the entire customer lifecycle.
Consumer LendingFinanceFinancial ServicesFinTechLending
Responsibilities
Lead and develop a team of fraud analysts, providing coaching, feedback, and technical guidance to ensure high performance and professional growth
Design and optimize fraud prevention strategies through data analysis, rules, and model-driven decisioning to minimize fraud losses while maintaining a frictionless customer experience
Partner cross-functionally with Data Science, Product, Engineering, Operations, Compliance, and Vendor Management to develop scalable fraud detection solutions and implement controls in production systems
Monitor performance of fraud rules, models, and strategies, ensuring continuous improvement through data-driven insights and timely adjustments
Identify emerging fraud patterns and propose proactive mitigation measures
Recommend process and policy changes that enhance fraud prevention capabilities while aligning with company risk appetite and regulatory requirements
Develop and maintain dashboards and reporting to communicate key fraud trends, metrics, and portfolio health to senior leadership
Represent the fraud domain in enterprise initiatives, coordinating with other risk and business functions to ensure cohesive strategy execution
Qualification
Required
Bachelor's Degree in Technology, Statistics, Business Analytics, related field, or its equivalent (Master's preferred)
7+ years of analytical experience in fraud prevention and analytics at a consumer banking financial institution
7+ years of experience leveraging data tools such as SQL, R, Python
Knowledge of check, ACH, wire transfer, debit/credit card and other payment channels operating rules
A highly motivated individual with a Fraud Strategy background, the ambition to drive change, a strong eagerness to learn, and the ability to communicate and collaborate effectively in complex and evolving environments
Strong quantitative and problem-solving skills with key attention to detail
High level of inquisitiveness, initiative, and critical thinking
Prior experience in statistics and machine learning modeling techniques through coursework or professional experience
Benefits
Choice of great Medical, Dental, and Vision Insurance Plan options
401(k) match
Flexible Time Off
Flexible Work Environment - (i.e. Mon/Tues/Thurs in-person)
Generous Paid Parental Leave, Adoption Assistance and Post-parental leave ramp-up program
Lunch Allowance (Fooda) and In-office Snacks
Summer Fridays
Fun In-Office and Virtual Social Events
And who doesn’t love the swag
Company
Avant
Avant is an online lending platform that offers alternatives to its clients with safe financial products.
201-500 employees
H1B Sponsorship
Avant has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (21)
2024 (23)
2023 (38)
2022 (46)
2021 (28)
2020 (21)
Funding
Current Stage
Late StageTotal Funding
$2.08BKey Investors
Ares ManagementWebBankPamlico Capital
2022-12-07Private Equity
2022-12-07Debt Financing· $250M
2022-07-14Debt Financing· $250M
Leadership Team
Matt Bochenek
CEO
Charles Whittaker
Chief Product Officer
Recent News
2025-12-17
2025-12-05
2025-11-04
Company data provided by crunchbase