Fraud Operations Sr Analyst, Emerging Insights Banking

Would you like to leverage your experience in banking fraud investigation to dismantle sophisticated fraud rings and identify vulnerabilities in our personal loan and credit card products? Join Avant’s Complex Fraud Investigation team in this senior fraud investigator role to lead the way in identifying new fraud patterns and level up the entire department’s investigation skills.

 

What you’ll do at Avant:

• Fraud Ring Disruption: Lead deep-dive investigations into complex financial crimes, including synthetic identity rings, sophisticated "bust-out" schemes, and coordinated credit abuse.

• Intelligence-Led Hunting: Use your expertise to respond to velocity monitoring alerts. You won’t just work a list; you will "pull the thread" to identify the source of the threat and work with Analytics to build systemic blocks.

• Regulatory & Legal Excellence: Manage the highest-risk investigations involving organizational risk or sensitive regulatory inquiries. Ensure all findings are documented to the strictest standards.

• Next-Gen Tooling: Serve as the primary subject matter expert (SME) for testing banking-specific fraud tools (e.g., identity orchestration, device profiling, and consortium data). You will partner with Business Intelligence to ensure we are extracting maximum ROI from our tech stack.

• The "Feedback Loop": Translate complex fraud narratives into actionable requirements for our Data Science and Fraud Analytics teams. You will turn "investigator intuition" into hard logic for our automated decisioning engines.

• Operational Architecture: Partner with the Process and Quality Lead to codify investigation standards, elevating the skill set of our broader operational teams.

Why you’re a fit at Avant:

• Banking Subject Matter Expert: You understand the nuances of the banking lifecycle—from application fraud to account takeover (ATO) to payment fraud and beyond.

• The "Detective" Mindset: You are skilled at "following the money." You can connect disparate data points across systems to reveal a broader criminal strategy.

• Compliance-Aware: You are intimately familiar with the regulatory landscape (Fair Lending, BSA/AML, Reg E, etc.) and understand that how we investigate is just as important as what we find.

• Education: Bachelor’s degree in Finance, Criminal Justice, or a related field

• Experience: 2+ years of experience in Fraud Investigations, Financial Crimes, or a related role within a retail bank or a retail banking product.

• Technical Skills: Proficiency in SQL is preferred. Any other technical skills are a plus.

This role is based on our downtown Chicago Office, located in the Merchandise Mart. We highly value collaboration and our hybrid schedule (M, T, Th in-office) enables flexibility to balance work and individual priorities.

Compensation Range:

The base salary range for this job is USD $60,000  - USD $90,000/ Year

Employees new to Avant typically come in below the midpoint of the pay range. The compensation range is based on the level outlined in the job posting, and compensation decisions are dependent on each applicant's experience, skills and abilities. 

[If an outstanding applicant's experience and skill level is above or below the qualifications outlined in the job posting, we reserve the right to make an offer at a different level than the one listed in this job posting, which may have a different compensation range.]

This role is eligible for additional incentives, including an annual bonus. These rewards are allocated based on level, impact and performance in the role.

Our benefits include:

• 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

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We believe that a diverse set of backgrounds and experiences helps us create the most innovative solutions for our customers. We invite you to apply to our positions even if you do not meet 100% of the qualifications listed in the description. If you’re passionate about our mission and aligned to our values, we hope you’ll come contribute to our awesome culture.

Why Avant is the place for you:

At Avant, we believe our values make a difference:

Authenticity. We show up to work as our whole selves and make sure others can too.

Collaboration. We can only succeed when we do so as a team.

Problem-Solving. The harder the problem, the more satisfying the solution.

Customer. We are all owners of the customer experience.

Initiative. Plan. Adapt. Get Sh!t Done.

We believe that great ideas come from anyone and anywhere, that everyone is an owner who drives change, and that we have more fun when we work together. We're problem solvers who love collaborating with intelligent and highly-motivated people to reshape the face of digital banking. Avant offers terrific perks and benefits, fun social events with employees who actually like hanging out together, and a flexible growth environment where trying your hand at new projects and being the active owner of your career path is encouraged and supported.

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