Avant is an online lending platform that is the leading provider of credit alternatives to middle income consumers in the US & UK. Avant offers unsecured personal loans ranging from $1,000-$35,000 with funding as soon as the next business day, and has served more than 500,000 customers worldwide. Avant offers its technology solutions to bank and non-bank partners via its Powered By Avant product to provide an innovative digital lending experience to their customers. Avant, founded in late 2012, has raised over $600 million of equity capital and originated over $4 billion of loans on the platform.

Data Scientist at Avant
Avant is revolutionizing the world of lending by lowering the costs and barriers of borrowing for everyday people. At our core, we are a technology company that builds advanced platforms and uses custom analytics. Today, we help underserved consumers, the majority of whom get fast funding on our online platform without having to talk anyone. Tomorrow we plan to use our world class technology and underwriting capabilities to launch new products and bank partnerships that improve people’s financial lives.
Job Description
Let’s get to business. Avant is looking for a new Data Scientist to join the team in Chicago.
We are revolutionizing access to credit by innovative mathematical models. As part of our data science team, you will leverage our fast growing structured and unstructured dataset to improve default prediction, marketing analytics and operations. Your models will have a direct impact on our customers by helping us provide them with financing options at fair cost.
Minimum Qualifications
  • Bachelor's Degree in engineering, computer science, mathematics, statistics, quantitative finance or other quantitative field
  • Prior experience in statistics and machine learning modeling techniques
  • Expertise in at least one statistical programming language, preferably R
  • Basic skills in a scripting language such as Python
  • Professional experience with relational databases such as PostgreSQL
  • 2-3 years of professional work experience
Preferred Qualifications
  • Master’s Degree or PhD in engineering, computer science, mathematics, statistics, quantitative finance or other quantitative field 
  • Proven ability to communicate findings clearly to both technical and non-technical audiences
  • Expertise in machine learning theories and practices, including regression models, GLM, SVM and tree based models (e.g. Boosting, Random Forest)
  • Familiar with Object-Oriented Design (OOD) concept and functional programming

Why Avant is a fit for you: At Avant, we believe our values make a difference:
We value, support, and help each other grow
We are committed to active inclusion and diversity
We are transparent and believe the best idea wins
We succeed when our customers succeed
We get sh!t done… responsibly
And we keep it fun! We believe that ideas are more important than titles, everything is more fun together, everyone drives change, and everyone is an owner. While we believe the perks and benefits that we offer are terrific, nothing excites us more than having the ability to collaborate with intelligent, highly-motivated and talented people on challenging problems as we work to change the face of online lending.

Company Reviews

"The Avant team focuses on using the latest technology and data science to deliver a better lending experience to the every day consumer. It feels good to be part of the solution."
Robert Krzyzanowski
Director of Data Engineering
at Avant
"It's great to work in an environment so full of talented, driven and fun people. Avant will help you become the best version of yourself."
Matt Gilk
Software Engineer
at Avant
"At Avant, I work alongside some of the smartest, most innovative people I know. I feel empowered to make decisions that have a real impact on our customers and our business."
Nupur Patel
Compliance Manager
at Avant
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