Full-Time

Associate – Data Engineer

Confirmed live in the last 24 hours

Avant

Avant

501-1,000 employees

Online personal loans and credit cards

Fintech
Financial Services

Entry

Chicago, IL, USA

Requires proof of full vaccination to work in or visit the Chicago office.

Category
Data Engineering
Data & Analytics
Required Skills
Agile
Python
Data Structures & Algorithms
SQL
Postgres
Databricks
Requirements
  • Expert-level proficiency with SQL (4+ years experience)
  • Advanced-level proficiency with data modeling and data structures (3+ years experience)
  • Advanced-level proficiency data engineering and pipeline automation, preferably working with dbt and Python (3+ years experience)
  • Advanced-level proficiency with database and query optimization, preferably with Databricks and Postgres (3+ years experience)
  • Disciplined Agile practitioner
  • Excellent written and oral communication skills
  • Must be a self-starter and able to work independently as well as in a team environment
  • Detail oriented with strong organizational skills
  • Ability to participate in a support rotation to provide escalation support which may occur outside of business hours
Responsibilities
  • Model new data sets that can be incorporated into a Databricks and DBT-based platform
  • Engage with internal stakeholders and users to define clear and well-structured business requirements for our data assets
  • Support the delivery of data for key customer and operational processes
  • Build and leverage frameworks for ensuring data assets within Avant’s data platform are high-quality, well-governed, meticulously curated, and operationally well-instrumented
  • Mentor teammates and be a part of a culture of learning

Avant provides online lending services, focusing on personal loans and credit cards. Customers can apply for personal loans ranging from $2,000 to $35,000 and credit cards with limits between $300 and $1,000. The application process is entirely online, allowing for quick approvals and a transparent experience. Avant's loans come with interest rates between 9.95% and 35.99% APR, and the company earns revenue through these interest rates and associated fees. What sets Avant apart from competitors is its user-friendly application process, fast approval times, and strong customer support. The goal of Avant is to make borrowing more accessible and affordable, helping individuals secure the funds they need while also providing resources for financial education to assist in credit building.

Company Stage

Acquired

Total Funding

$757.8M

Headquarters

Chicago, Illinois

Founded

N/A

Growth & Insights
Headcount

6 month growth

-4%

1 year growth

-7%

2 year growth

-4%
Simplify Jobs

Simplify's Take

What believers are saying

  • Avant's recent $250 million funding from Ares Management provides significant capital for expansion and innovation.
  • The acquisition of ReadyForZero bolsters Avant's smart lending platform, potentially improving customer experience and operational efficiency.
  • Avant's strong year-over-year revenue growth of 96% in Q2 FY23 indicates robust financial health and promising growth prospects.

What critics are saying

  • The high interest rates, ranging from 9.95% to 35.99% APR, could deter potential customers and attract regulatory scrutiny.
  • The competitive landscape of online lending is fierce, with numerous fintech companies vying for market share, which could impact Avant's growth.

What makes Avant unique

  • Avant offers a fully online lending platform with fast approval times, setting it apart from traditional lenders who often have slower, more cumbersome processes.
  • The company's focus on transparency and not affecting credit scores during eligibility checks provides a user-friendly experience that builds trust with customers.
  • Avant's strategic partnerships, such as the co-branded MLS Forward Credit Card, enhance its market presence and diversify its product offerings.

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