Associate, Compliance Testing
Avant
Avant is adding to our team in Chicago! We are looking for an entrepreneurial, self-driven candidate who is passionate about compliance and interested in making a difference. You will be primarily responsible for conducting second line regulatory compliance monitoring and testing, supporting regulatory risk assessments, and supporting regulatory compliance training. This role may also entail support of other compliance functions including compliance reporting and utilization of governance, risk and compliance (“GRC”) software.
In this role, you are expected to maintain a high degree of knowledge of consumer lending rules and regulations, including, but not limited to TILA, ECOA, UDAAP, FCRA, FDCPA, SCRA, MLA, GLBA, EFTA, TCPA, E-SIGN, BSA and other AML related regulations. You will work with multiple business units to support regulatory compliance oversight of Avant’s growing product offering.
What you'll do at Avant:
Perform targeted regulatory testing to ensure compliance with applicable regulations
Review controls established and owned by business owners for effectiveness
Evaluate policy, procedure, training, and processes with respect to regulatory requirements
Partner with business units to effectively address risk identified through compliance audits
Assist in execution of the regulatory risk assessment framework, including collaboration with various business units to identify controls and gaps in business rules and processes work with business to address findings
Participate in team initiatives to enhance second line compliance oversight and strategic business partnership, aligned to growth and scale of the growing Avant business
Why you are a fit for Avant:
Experience conducting compliance monitoring and testing, including interpreting consumer protection regulations to write compliance test scripts, gathering system data, and utilizing creative approaches to enhance testing effectiveness
In depth knowledge of federal and state consumer protection regulations, such as TILA, ECOA, UDAAP, FCRA, FDCPA, SCRA, MLA, GLBA, EFTA, TCPA, E-SIGN, and BSA
4+ years of financial services regulatory compliance experience (bank experience preferred)
Bachelor’s Degree required; JD/CRCM a plus
Outstanding initiative, communication skills, attention to detail, and organizational skills
Excellent communication skills and a track record of being able to interface and collaborate effectively with other departments
Ability to multitask between complex projects in a fast paced environment
Excellent ability to investigate, analyze, and interpret data as well as state and federal regulations
Self-confidence, good judgment, and the ability to make sound decisions
Strong interpersonal, analytical, and problem-solving skills
Willingness to learn new skills and monitor aptitude development to optimize accuracy and performance
LogicGate, SQL, Atlassian (Jira and Confluence), and/or Looker experience 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 $70,000 - USD $108,000 / 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.
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.
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 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.