Full-Time

Product Manager

Originations Growth

Confirmed live in the last 24 hours

Avant

Avant

501-1,000 employees

Online personal loans and credit cards

Fintech
Financial Services

Compensation Overview

$95k - $135kAnnually

+ Annual Bonus

Senior

Chicago, IL, USA

Hybrid schedule (M, T, Th in-office)

Category
Product Management
Product Strategy
Product
Required Skills
Python
Product Management
SQL
Data Analysis

You match the following Avant's candidate preferences

Employers are more likely to interview you if you match these preferences:

Degree
Experience
Requirements
  • Bachelor’s or Master's Degree in business, computer science, data science or in “STEM” Majors (Science, Technology, Engineering and Math). MBA is a plus.
  • Ideally 5-7+ years of experience working with technology products with at least 5 years in Product Management working in fintech or similar industry
  • High proficiency in SQL and familiarity with Python
  • Demonstrated experience in defining a product strategy, creating a delivery plan, executing on that plan and learning from iterating on the plan to achieve the desired outcomes
  • High customer empathy
  • Agile development in a production environment at a startup or tech organization
  • Experience collaborating with engineers and designers to understand the technical scope of products and features
  • Strong communication skills and ability to interface with multiple stakeholders across the organization, with an eye towards building cross-functional collaboration and support
  • Strong interpersonal skills, communication skills, analytical skills, combined with intellectual curiosity, and a desire and ability to "get sh!t done!"
Responsibilities
  • Manage the originations growth platform product intake process.
  • Own the platform stability and features, analyzing customer needs and pain points to translate them into product ideas.
  • Understand and empathize with customers and come up with user personas to build deep understanding to represent the customer’s voice and solve for their needs throughout the product development processes.
  • Work with business stakeholders and originations engineering partners to come up with a roadmap and help prioritize the roadmap by making key tradeoff decisions.
  • Carry out impact assessment for roadmap items, flag and address any key risks, issues and dependencies.
  • Work with internal teams to execute on the roadmap.
  • Translate product strategy into detailed business and user requirements.
  • Actively prioritize product backlog and coordinate planning to build and enhance our verifications platform.
  • Create engineering requests with detailed technical requirements and clearly stage success criteria for testing and product acceptance.
  • Assess launched products and tools to measure their outcome against the planned objectives and key results.
  • Analyze metrics and data, identify trends and issues and come up with hypothesis recommendations and carry out experiments.
  • Answer questions related to the product and its capabilities.
  • Be at the forefront of the creation and maintenance of product documentation.
  • Potential for people management.
Desired Qualifications
  • People management experience is a plus.

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 generates revenue through interest rates on loans, which vary from 9.95% to 35.99% APR, and fees from credit card products. What sets Avant apart from competitors is its user-friendly application process, fast approval times, and strong customer support. The company's goal is to make borrowing more accessible and affordable, while also offering financial education to help customers improve their credit and financial well-being.

Company Size

501-1,000

Company Stage

Debt Financing

Total Funding

$757.8M

Headquarters

Chicago, Illinois

Founded

2012

Simplify Jobs

Simplify's Take

What believers are saying

  • Increased demand for digital financial services expands Avant's customer base.
  • Open banking allows Avant to offer personalized and competitive financial products.
  • AI integration improves Avant's risk assessment and reduces default rates.

What critics are saying

  • Competition from AI-driven platforms threatens Avant's market share.
  • MLS Forward Credit Card may lead to regulatory scrutiny and compliance challenges.
  • Integration of ReadyForZero could disrupt Avant's service delivery.

What makes Avant unique

  • Avant offers a seamless online lending process with fast approval times.
  • The company provides financial education to help customers build credit and secure finances.
  • Avant's co-branded MLS Forward Credit Card enhances brand recognition and market reach.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

401(k) Company Match

Unlimited Paid Time Off

Flexible Work Hours

Paid Parental Leave

Adoption Assistance

Growth & Insights and Company News

Headcount

6 month growth

-3%

1 year growth

-3%

2 year growth

-2%
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