Job Specifications
Avant is adding to our Data Science team! We are looking for a self-driven candidate who is passionate about problem solving and interested in making a difference. This person will be a key member of our Data Science team and responsible for the development of numerous kinds of customer lifecycle models. 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!
What You'll Do At Avant
Work with stakeholders throughout the company to identify opportunities for leveraging company data and third-party vendor data to drive business solutions using different modeling techniques
Design and build predictive models to enhance customer experience, reduce risk, improve revenue generation, optimize direct mail targeting, and drive key outcomes throughout the customer lifecycle
Mine and analyze data from company databases to drive optimization and improvement of product development, marketing techniques and business strategies
Clean, process and validate data to ensure its quality and integrity for modeling and analysis
Conduct feature engineering, select appropriate features and develop robust models using various machine learning techniques
Perform ad-hoc analysis and present results in a clear manner to senior management. Provide timely and justified recommendations in response to ad-hoc analysis requested by internal groups
Proactively collaborate with Data Engineering, ML Operations, Software Development, Credit Risk, Marketing, Legal & Compliance, and other internal groups to implement and monitor models across the customer lifecycle
Develop and enhance processes and tools to monitor model performance and input and output data accuracy
Why You’re a Fit At Avant
Master’s or PhD degree in Machine Learning, Computer Science, Statistics, Operations Research or a related STEM fields
2-3 years of professional experience in machine learning or data science within the financial services or fintech industry
Strong expertise in machine learning theories and practices (Generalized Linear Model, Support Vector Machine, Random Forest, Gradient Boosting, Deep Learning, etc.)
Familiarity with Object-Oriented Design (OOD) concept and functional programming with 2+ years experience writing production-level code
Proficiency in Python with experience in the end-to-end development of machine learning models. Domain knowledge in credit risk is a plus
Advanced in SQL for querying and analyzing large datasets
Excellent communication skills, with the ability to present complex concepts and findings clearly to both technical and non-technical audiences, and effectively collaborate with cross-functional teams
Strong analytical, problem-solving and critical-thinking skills, with a keen attention to detail and data integrity
Experience with ML and data analytics platforms/technologies such as Databricks, AWS (including AI/ML tools) and Looker is a plus
If you are a highly motivated and detail-oriented individual with a passion for data and product management, we encourage you to apply for this position.
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 $95,000 - USD $130,000 / 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
Check out our Avant Blog!
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 belie
About the Company
Our mission is to move financial lives forward. We utilize data and technology to connect everyday Americans to financial solutions, empowering our customers to achieve their financial goals and build financial health. We are a data-driven platform at the intersection of technology and credit*, built to meet the financial needs of millions of middle-income American consumers. Since Avant (AvantCredit®) was founded in 2012, we have connected over 4 million customers to nearly $12 billion in loans and have grown to approximate...
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