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Compliance Manager: Consumer Finance Advisory

Avant

Avant

Accounting & Finance, Legal
Chicago, IL, USA
Posted on Monday, September 25, 2023

Do you have experience working in regulatory compliance and want to help build compliant products at a FinTech company?

Avant is looking for a Compliance Manager to join its technology forward Compliance Department that enables Avant’s mission while also mitigating and managing risk. As a Compliance Manager, you will be responsible for supporting the Credit Card product, specifically in the areas of Compliance Advisory, Issue Management, and Complaint Management. Your job will be to effectively partner with various business units to ensure regulatory compliance with respect to new products, initiatives, complaints, and issues. You will help develop practical compliance solutions by working with the business to understand issues, develop ideas, and execute on them.

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, FDCPA, SCRA, MLA, GLBA, EFTA, TCPA, E-SIGN, BSA and other AML related regulations. As a Compliance Manager, you will be expected to promote a culture of corporate compliance by the use of best practices and leading by example in alignment with Avant’s internal policies.

What you do at Avant:

  • Evaluate new business initiatives and participate in complex projects to identify potential compliance risk and risk mitigation activities

  • Participate in our Complaint Management and Issue Management programs, including assessing risk ratings and recommending remediation plans

  • Build strong relationships and lines of communication with various business units

  • Develop in-depth working knowledge of business products, services, processes, and strategies

  • Prepare formal reporting to internal committees, management, the Board of Directors, and external bank partners

  • Take on additional projects and duties as needed

What you might own at Avant:

  • Serve as the compliance subject matter expert for the Credit Card product offered through Avant’s platform

  • Get involved early in the product design and change management process to suggest risk mitigations and controls

Why you are a fit for Avant:

  • Bachelor’s Degree required; JD/CRCM a plus

  • 7+ years of financial services regulatory compliance experience working with Credit Cards; bank experience preferred

  • Strong background in federal and state consumer finance laws

  • Proven track record of creativity, resourcefulness, and a passion for problem-solving as a team player who can build relationships across functions, business lines, and levels

  • Ability to handle and execute on complex projects in a fast paced environment with minimal supervision

  • Ability to prioritize and clearly articulate trade-offs while also maintaining flexibility as the situation changes

  • Excellent communication skills

  • Strong interpersonal, analytical, and problem-solving skills

  • Highly proficient with Microsoft Excel, PowerPoint, and Word

  • Willingness to learn new skills and monitor aptitude development to optimize accuracy and performance

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.

Some of our benefits include:

  • Choice of great Medical, Dental, and Vision Insurance Plan options

  • 401(k) Match

  • Unlimited Paid Time Off

  • Flexible Work Environment

  • Generous Paid Parental Leave

  • Lunch Allowance (Fooda) and In-office Snacks

  • WFH Stipends for our Remote Employees

  • Access to LinkedIn Learning for Professional Development

  • No Meeting Wednesdays - (a.k.a. planned time to Get Sh!t Done)

  • Summer Fridays

  • Fun In-Office and Virtual Social Events

  • And who doesn’t love the swag

This position may require you to be fully vaccinated against COVID-19. If required, you'll be asked to provide proof that you’re fully vaccinated upon your start date or before working in or visiting our Chicago office. You’re considered fully vaccinated two weeks after you receive the second dose of a two-dose vaccine series (e.g., Pfizer or Moderna) or two weeks after a single-dose vaccine (e.g., Johnson & Johnson/Janssen). Failure to provide proof of vaccination may result in termination. Subject to applicable law and requests for accommodation.