Fraud Operations Sr Analyst, Emerging Insights Banking

Avant•Chicago, IL

1d•$60,000 - $90,000•Hybrid

About The Position

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. 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. To learn more about how Avant collects and uses your personal information, please see the Avant Privacy Policy. Avant makes premier financial solutions accessible to everyday consumers by blending cutting-edge technology, creative analytics, and superior customer service. Since 2012, we've connected over 1.5 million customers to over $7.5 billion in loans and 1 million credit cards, and we’ve cultivated a work culture that we’re incredibly proud of. As we’ve evolved, we’ve maintained our ability to be nimble, to help each other work smarter, and to keep learning and trying new things. A high growth financial technology company, Avant has been featured in The Wall Street Journal, The New York Times, TechCrunch, Fortune, and Bloomberg, and we've raised over $600 million of equity capital. Visit www.Avant.com for more information, and check out our employee blog to see what it's like to be an Avantee. To learn more about how Avant collects and uses your personal information, please see the Avant Privacy Policy.

Requirements

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.

Responsibilities

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.

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

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