Elavon, Inc., a leader in the payments industry, offers end-to-end payment processing solutions and services to over one million merchants globally. As an equal opportunity employer, Elavon is committed to building a diverse workforce and considers applicants based on merit alone.

The Business Analyst role within Elavon’s Credit and Risk Implementation team requires a candidate with a strong quantitative and analytical background. This position plays a key role in product development for Credit and Risk applications, supporting enterprise initiatives. Responsibilities include collaborating with business and technical teams, acting as a liaison across departments, and driving process improvement and automation.

In this guide, Interview Query will walk you through the interview process, share commonly asked interview questions for Elavon’s Business Analyst position, and offer valuable tips to help you succeed. Let’s get started!

Submitting Your Application

The first step is to submit a compelling application that reflects your technical skills and interest in joining Elavon, Inc. as a Business Analyst. Whether you were contacted by an Elavon recruiter or have taken the initiative yourself, carefully review the job description and tailor your CV according to the prerequisites.

Tailoring your CV may include identifying specific keywords that the hiring manager might use to filter resumes and crafting a targeted cover letter. Furthermore, don’t forget to highlight relevant skills and mention your work experiences.

Recruiter/Hiring Manager Call Screening

If your CV happens to be among the shortlisted few, a recruiter from the Elavon Talent Acquisition Team will make contact and verify key details like your experiences and skill level. Behavioral questions may also be a part of the screening process.

In some cases, the Elavon hiring manager stays present during the screening round to answer your queries about the role and the company itself. They may also indulge in surface-level technical and behavioral discussions.

The whole recruiter call should take about 30 minutes.

Technical Virtual Interview

Successfully navigating the recruiter round will present you with an invitation for the technical screening round. Technical screening for the Elavon Business Analyst role usually is conducted through virtual means, including video conference and screen sharing. Questions in this 1-hour long interview stage may revolve around Elavon’s data systems, ETL pipelines, and SQL queries.

In the case of Business Analyst roles, take-home assignments regarding product metrics, analytics, and data visualization are incorporated. Apart from these, your proficiency against hypothesis testing, probability distributions, and machine learning fundamentals may also be assessed during the round.

Depending on the seniority of the position, case studies and similar real-scenario problems may also be assigned.

Onsite Interview Rounds

Followed by a second recruiter call outlining the next stage, you’ll be invited to attend the onsite interview loop. Multiple interview rounds, varying with the role, will be conducted during your day at the Elavon office. Your technical prowess, including programming and ML modeling capabilities, will be evaluated against the finalized candidates throughout these interviews.

If you were assigned take-home exercises, a presentation round may also await you during the onsite interview for the Business Analyst role at Elavon.

Quick Tips For Elavon Business Analyst Interviews

You should plan to brush up on any technical skills and try as many practice interview questions and mock interviews as possible. A few tips for acing your Elavon interview include:

• Be Prepared to Discuss Credit and Risk Management: Elavon values experience with credit risk and loss prevention processes. Demonstrating knowledge in these areas and discussing how your experience aligns with Elavon’s needs can set you apart.
• Understand Agile Methodologies: Strong Agile product management knowledge is essential. Be prepared to discuss your experience with Agile and Lean processes, particularly in managing product backlogs and participating in Agile ceremonies.
• Showcase Your SQL Skills: Proficiency in SQL or other data analyst tools is a valued skill. Provide examples of how you've used SQL in previous roles to support your argument.

Typically, interviews at Elavon, Inc. vary by role and team, but commonly Business Analyst interviews follow a fairly standardized process across these question topics.

• What are the Z and t-tests, and when should you use each? Explain the purpose and differences between Z and t-tests. Describe scenarios where one test is preferred over the other.

• What are the drawbacks of the given student test score datasets, and how would you reformat them? Analyze the provided student test score datasets for potential issues. Suggest formatting changes to make the data more useful for analysis. Discuss common problems in "messy" datasets.

• What metrics would you use to determine the value of each marketing channel? Given the marketing costs for different channels at a B2B analytics company, identify the metrics you would use to evaluate the value of each channel.

• How would you determine the next partner card based on customer spending data? Using customer spending data, outline the process to identify the most suitable partner for a new credit card offering.

• How would you investigate if the redesigned email campaign led to an increase in conversion rates? Given the fluctuating conversion rates before and after a new email campaign, describe how you would determine if the campaign caused the increase or if other factors were involved.

• Write a function search_list to check if a target value is in a linked list. Write a function, search_list, that returns a boolean indicating if the target value is in the linked_list or not. You receive the head of the linked list, which is a dictionary with value and next keys. If the linked list is empty, you'll receive None.

• Write a query to find users who placed less than 3 orders or ordered less than $500 worth of product. Write a query to identify the names of users who placed less than 3 orders or ordered less than $500 worth of product. Use the transactions, users, and products tables.

• Create a function digit_accumulator to sum every digit in a string representing a floating-point number. You are given a string that represents some floating-point number. Write a function, digit_accumulator, that returns the sum of every digit in the string.

• Develop a function to parse the most frequent words used in poems. You're hired by a literary newspaper to parse the most frequent words used in poems. Poems are given as a list of strings called sentences. Return a dictionary of the frequency that words are used in the poem, processed as lowercase.

• Write a function rectangle_overlap to determine if two rectangles overlap. You are given two rectangles a and b each defined by four ordered pairs denoting their corners on the x, y plane. Write a function rectangle_overlap to determine whether or not they overlap. Return True if so, and False otherwise.

• How would you design a function to detect anomalies in univariate and bivariate datasets? If given a univariate dataset, how would you design a function to detect anomalies? What if the data is bivariate?

• What are the drawbacks of the given student test score data layouts? Assume you have data on student test scores in two different layouts. What are the drawbacks of these layouts? What formatting changes would you make for better analysis? Describe common problems in “messy” datasets.

• What is the expected churn rate in March for customers who bought subscriptions since January 1st? You noticed that 10% of customers who bought subscriptions in January 2020 canceled before February 1st. Assuming uniform new customer acquisition and a 20% month-over-month decrease in churn, what is the expected churn rate in March for all customers who bought the product since January 1st?

• How would you explain a p-value to a non-technical person? How would you explain what a p-value is to someone who is not technical?

• What are Z and t-tests, and when should you use each? What are the Z and t-tests? What are they used for? What is the difference between them? When should you use one over the other?

• How does random forest generate the forest and why use it over logistic regression? Explain the process of how random forest generates multiple decision trees to form a forest. Discuss the advantages of using random forest over logistic regression, such as handling non-linear data and reducing overfitting.

• When would you use a bagging algorithm versus a boosting algorithm? Compare two machine learning algorithms and describe scenarios where bagging is preferred over boosting. Provide examples of the tradeoffs, such as variance reduction in bagging and bias reduction in boosting.

• How would you evaluate and compare two credit risk models for personal loans?

• Identify the type of model developed by the co-worker for loan approval.
• Describe how to measure the difference between two credit risk models over a timeframe, considering monthly installment payments.

• List the metrics to track for measuring the success of the new model, such as accuracy, precision, recall, and AUC-ROC.

• What’s the difference between Lasso and Ridge Regression? Explain the key differences between Lasso and Ridge Regression, focusing on their regularization techniques and how they handle feature selection and multicollinearity.

• What are the key differences between classification models and regression models? Describe the main differences between classification and regression models, including their objectives, output types, and common use cases.

What is the average salary for a Business Analyst at Elavon, Inc.?

Q: What does Elavon, Inc. do? Elavon, Inc. is a leader in the payments industry, providing end-to-end payment processing solutions and services to more than one million merchants worldwide. We aim to create a diverse workforce and are an equal opportunity employer.

Q: What are the key responsibilities for the Business Analyst position at Elavon? The Business Analyst will own and oversee product development for the Credit and Risk applications suite, support enterprise initiatives, and work closely with managerial and technical resources. Responsibilities include acting as a Subject Matter Expert, designing enhancements, managing Agile stories, and seeking process improvements.

Q: What qualifications are required for the Business Analyst role? Candidates should have a Bachelor's degree or equivalent work experience and two to four years of related experience. Preferred skills include experience with Credit Risk and Loss Prevention, Agile product management, JIRA application knowledge, and SQL proficiency.

Q: What kind of benefits does Elavon offer to its employees? Elavon offers comprehensive benefits, including healthcare (medical, dental, vision), life insurance, short-term and long-term disability, parental leave, 401(k) plans, paid vacation, paid holidays, adoption assistance, and sick and safe leave accruals.

Q: How can I prepare for an interview at Elavon? Prepare by researching the company, understanding the role's requirements, and practicing commonly asked interview questions using Interview Query. Demonstrate your technical skills, experience, and ability to collaborate effectively.

Elavon, Inc., a leader in the payments industry, is seeking a passionate and multitalented Business Analyst to join their Credit and Risk Implementation team. If you are ready to drive change, support enterprise goals, and enhance business processes with innovative solutions, Elavon offers an inclusive environment and comprehensive benefits. To gain deeper insights into Elavon’s interview process and prepare effectively, check out our main Elavon Interview Guide on Interview Query. We cover essential interview questions and strategies to help you excel. Good luck with your interview!