Avant · 2 hours ago
Sr Associate, Fraud Analytics
Greater Chicago Area
Full-time
Hybrid
Senior Level
$95K/yr - $140K/yr
5+ years expAvant is looking for knowledgeable fraud professionals to join our Fraud Operations team. This position is critical in supporting real-time escalations of accounts, analyzing emerging threat vectors, and improving customer authentication policies.
Consumer LendingFinanceFinancial ServicesFinTechLending
Responsibilities
Develop and implement fraud rules using analytical methods like segmentation, predictive models, hypothesis testing, etc
Use visualization tools like looker to build dashboards and monitor key performance indicators
Develop and implement ad hoc unsupervised learning models—including clustering algorithms (such as K-means)—to identify anomalous patterns and segment data for in-depth analysis in large, complex datasets
Use data to understand new ways of finding impactful insights from limited data sets and develop recommendations
Assist with data wrangling and automation of data pipelines for real time alerting and performance monitoring
Own and run key processes to reduce fraud losses
Analyze data, create models/strategies, and recommend solutions for the latest fraud trends
Work with stakeholders throughout the company to identify opportunities for leveraging company data and third-party vendor data to drive business solutions
Work with the team to measure impact and make updates to the model/strategies and services as needed
Communicate results, explain behavior of models/strategies, and set appropriate expectations with stakeholders
Strategize on building models and assist with deployments into production
Doing ad-hoc analysis and presenting results in a clear manner to Sr. Management
Qualification
Required
Bachelor's Degree in Technology, Statistics, Business Analytics, related field, or comparable experience
5+ years of analytical experience in the consumer finance industry
5+ years of experience leveraging data tools such as SQL, R, Python
5+ years of experience conducting data analytics in a lending/banking organization
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
Ability to independently manage small to medium projects and provide support for larger projects, ensuring implementation and team collaboration
Proven ability to effectively communicate with all levels of staff and management
Prior experience in statistics and machine learning modeling techniques through coursework or professional experience
Demonstrates sound judgment in selecting solutions and methods
Proven ability to communicate findings clearly to both technical and non-technical audiences
Preferred
Master's Or PHD preferred
Identity or Transactional fraud experience preferred
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 (20)
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