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You are testing hundreds of hypotheses with many t-tests. What considerations should be made?

What is a key disadvantage of the F-test when compared to multiple t-tests?

What is a key disadvantage of the F-test when compared to multiple t-tests?

Hundreds of Hypotheses

You are testing hundreds of hypotheses with many t-tests. What considerations should be made?

Let’s say that your company is running a standard control and variant AB test on a feature to increase conversion rates on the landing page. The PM checks the results and finds a .04 p-value.

How would you assess the validity of the result?

Experiment Validity

Suppose there exists a new airline named Jetco that flies domestically across North America. Jetco recently had a study commissioned that tested the boarding time of every airline, and it came out that Jetco had the fastest average boarding times of any airline.

What factors could have biased this result, and what would you look into?

What could potentially bias the average boarding time in favor of an airline that only flies domestically?

What could potentially bias the average boarding time in favor of an airline that only flies domestically?

Boarding Times Bias

A new airline came out as the fastest average boarding times compared to other airlines.  What factors could have biased this result and what would you look into?

Vervent Salaries by Position

<h3>Job Description</h3><div>Job Description<div>Full-time - Hybrid if in Sioux Falls, SDDescriptionOur ideal candidate is excited to become a part of a talented, fast-growing team and must display these top (required) skills: <ol><li>Knowledge of Life of Loan or Month on Book Performance as it relates to financial modeling.</li><li>Experience in pulling SQL data. </li><li>Data Visualizations in Excel/Power BI including preparing presentations</li><li>Knowledge of IRR (Internal Rates of Return) NPV (Net Present Value)</li><li>Knowledge of cash flow economics</li></ol>General Position Summary:The Financial Data Analyst I will assist in the development and maintenance of full reporting, predictive and analytical suites related to portfolio financial performance. The Analyst will be expected to facilitate full account life cycle reporting which includes Marketing, Acquisition, Underwriting, Account Management, Collections, and Recovery activities. Additionally, the Analyst will be expected to collaborate with team members in the review of financial performance trends, ad-hoc analysis, and predictive modeling.Why Vervent? Company Perks: <ul><li>Medical, FSA & HSA, Dental, Vision + More!</li><li>401k - 100% vested once you start contributing. Generous company match!</li><li>Regular employee health, wellness & engagement activities. </li><li>Pet Insurance, because fur babies are important to us too!</li><li>Beautiful local offices with on-site/hybrid options.</li></ul>About Vervent:As a fintech leader, Vervent sets the global standard for outperformance by delivering superior expertise, future-built technology, and meaningful services. We support our industry-leading partners with primary strategic services and our goal is to empower companies to accelerate business, drive compliance, and maximize service. To learn more, please visit Vervent.com. If you’re interested in reviewing the full job description, continue reading below…Primary Responsibilities<ul><li>Monitor, prepare and develop various reports related to portfolio financial performance</li><li>Analyze and enhance existing Predictive Models through variance analyses and model governance</li><li>Build new Predictive Models with direction and assistance of team members and management</li><li>Conduct analyses that evaluate and enhance portfolio financial performance</li></ul>Requirements<ul><li>Degree in a relevant program such as Data Science, Mathematics, Statistics, Computer Science, Finance, Actuarial, Business Intelligence, or other closely related program preferred, or equivalent work experience</li><li>One to three years of job-related experience in a credit card/financial services environment is preferred.</li><li>Working knowledge of IRR (Internal Rates of Return)</li><li>Working knowledge of NPV (Net Present Value)</li><li>Understanding of cash flow economics</li><li>Familiarity with a programing language such as Python, T-SQL, R or an equivalent required</li><li>Basic to intermediate experience with Python, T-SQL and SSRS preferred but not required</li><li>Familiarity with statistical modeling using Python, R, SAS or an equivalent preferred but not required</li><li>Proficient knowledge of standard office equipment including PC skills with emphasis using Microsoft products</li><li>Excellent verbal and written communication skills.</li><li>Strong analytical and problem-solving skills are required.</li></ul>Additional Vervent Details:<ul><li>Founded in 1986, purchased by current CEO, David Johnson, in 2008</li><li>Privately owned by Stone Point Capital, Vervent Management and other passive investors</li><li>1,500 employees globally</li><li>Primary Servicing – Loan, Credit Card, and Lease Servicing</li><li>Capital Markets Services – Backup Servicing, Verifications, Structured Settlements, eVault, etc.</li><li>Credit Card Programs – Fully-Managed Credit Card Programs (secured and unsecured), Managed Card Services, Application Processing</li><li>Clients include consumer and small business “marketplace” lenders, finance companies, leasing companies, insurance companies, captive finance companies, alternative capital providers, consumers, and banks</li><li>To learn more, please visit Vervent.com.</li></ul>Physical RequirementsThe work is of an intellectual nature. While performing the functions of this job, the employee is required to stand and sit for prolonged periods. Specific vision abilities required include close and medium distance vision and the ability to adjust focus. Must be able to hear normal sounds, distinguish sound as voice and communicate through human speech. This position requires the ability to operate a keyboard, computer mouse, telephone, fax, copier, writing tools, and other standard office equipment. On an occasion, an employee will be asked to lift items weighing up to 35 lbs.Other DutiesPlease note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.Salary Description$54,750.00 - $73,000.00 #hc133561</div></div>

Associate Product Manager Job Details Job Type: Full-time
Location: Sioux Falls, SD
Department: DTC Product
Description Our ideal candidate is excited to become a part of a talented, fast-growing team and must display these three top (required) skills:
Strong organizational and analytical skills, ability to track, monitor and report on trends and performance.
Attention to detail, with strong written communication and editing skills.
Ability to test and ensure systems and programs are working as expected.
Overview:
The associate product manager on the card products team is a key support role and is the functional subject matter expert on how their assigned credit card product(s) and features work. They need to thoroughly understand the product and market to help drive the product direction, messaging and functionality. They work with various teams within the business to monitor consumer and customer service feedback so that product and features can be enhanced. They will help drive the product strategy in day-to-day execution and serve as the bridge between the consumer and development. This is an exempt position. The hours of the position are Monday-Friday from 8:00am-5:00pm with additional hours as needed.
Why Vervent? Company Perks:
Medical, FSA & HSA, Dental, Vision + More!
401k - 100% vested once you start contributing. Generous company match!
Regular employee health, wellness & engagement activities.
Pet Insurance, because fur babies are important to us too!
Beautiful local offices with on-site/hybrid options.
About Vervent: As a fintech leader, Vervent sets the global standard for outperformance by delivering superior expertise, future-built technology, and meaningful services. We support our industry-leading partners with primary strategic services and our goal is to empower companies to accelerate business, drive compliance, and maximize service. To learn more, please visit Vervent.com .
Primary Responsibilities Perform testing, prepare requirements, provide clarification on requirements, advise development and testing teams, and conduct post-release analysis and validation for new and existing products and features.
Internalize the product strategy to drive day to day execution in creation of user stories, serving as a bridge between the user need and the development team.
Utilize systems to help identify and track backlogged features and functionality.
Analyze data and cardholder feedback to find opportunities, propose projects, and contribute to product roadmap development.
Coordinate compliance approval and bank audits for terms and conditions, product functionality and product constructs. Attention to detail is key, since they will be responsible for ensuring documents are accurate and updates are implemented in a timely manner.
Manage inventories and process orders and review forecasts to ensure adequate supply.
Gather market intelligence, with respect to consumer credit card products, value propositions, pricing, rewards programs, market trends, new products and payment advancements. Maintain industry analysis and develop reports for circulation within the company.
Primary Requirements Bachelor’s degree preferred and/or 1-3 years equivalent work experience
Experience with product, marketing or consumer communication in the financial services industry
Attention to detail with excellent verbal and written communication skills
Ability to multi-task and work in a fast-paced environment
Maintain acceptable attendance standards
Strong interpersonal and professional relationship-building skills
Strong organizational, planning and time management skills
Must be a self-starter and able to independently move projects forward, prioritize tasks, and meet deadlines
Must have analytical skills to analyze metrics and create reports
Proven ability to adapt and modify as needed to meet departmental deliverables
Strong working knowledge of computer software including Microsoft Office
Physical Requirements The work is of an intellectual nature. While performing the functions of this job, the employee is required to stand and sit for prolonged periods. Specific vision abilities required include close and medium distance vision and the ability to adjust focus. Must be able to hear normal sounds, distinguish sound as voice and communicate through human speech. This position requires the ability to operate a keyboard, computer mouse, telephone, fax, copier, writing tools, and other standard office equipment. On an occasion, an employee will be asked to lift items weighing up to 35 lbs.
Other Duties Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.

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Job Type

Full-time

Description

Our ideal candidate is someone who is excited to become a part of an awesome, fast-growing team and must display these three top (required) skills:

Business requirements experience
SQL skills (beginner to intermediate)
Resilience and very strong communication skills

General Position Summary

The Business Analyst perform professional duties related to the review, assessment, and development of business processes. The Business Analyst will analyze and translate operation requirements into system deployments and business process changes. They act as a change agent to help facilitate effective process re-engineering. After determining scope and optimum solution, the Business Analyst will develop seamless solutions delivered to operations and our clients on time, within budget and within scope.

Perks

Medical, FSA & HSA, Dental, Vision + More!
401k - 100% vested once you start contributing. Generous company match!
Regular employee health, wellness & engagement activities!
Pet Insurance, because fur babies are important to us too!

About Vervent

As one of the pre-eminent Lending as a Service (LaaS) companies, Vervent sets the global standard for outperformance by delivering superior expertise, future-built technology, and meaningful services. We support our industry-leading partners with primary strategic services including Loan & Lease Servicing, Call Center Services, Backup Servicing/Capital Markets Support, Credit Card Servicing, and Card Marketing & Customer Acquisition. Vervent empowers companies to accelerate business, drive compliance, and maximize service.

If you’re interested in reviewing the full job description, continue reading below…

Primary Responsibilities

Defines and documents customer business functions and processes.
Consults with functional unit management and personnel to identify, define and document business needs and objectives, current operational procedures, problems, input and output requirements, and levels of systems access.
Acts as a liaison between departmental end-users, technical analysts, information technology developers, and executive management team in the analysis, design, configuration, testing and maintenance of service management systems to ensure optimal operational performance.
Plans, organizes and conducts business process re-engineering/improvement projects and/or management reviews thorough gap analysis and develop multiple solutions for identified gaps.
Design new programs and processes by analyzing data, constructing workflow charge and diagrams, studying system capabilities and writing business requirements.
Improve systems and processes by studying current practices and designing modifications.
Prepare technical reports by collecting, analyzing and summarizing information and trends.
Develop and implement QA process and protocol for all process improvement initiatives and new client on-boarding.
Define scope by identifying optimum solution with contingency plans.
Transfer necessary business view to IT developers to ensure implemented solution meets the needs of the business.
Maintain project prioritization schedule for Operations to insure balance of process improvement deliverables with new client on-boarding.
Fully Document Compliance oversight and build automation throughout Compliance cycle.

Requirements

Bachelor’s in business management, Computer Science, or related field.
5 years of experience in project management, business operations or client services in financial services or related field, or combination of relevant experience and education.
Demonstrated expertise in compliance audit and reporting, including internal audit set-up.
Must possess proven leadership skills with the ability to influence key decision makers and collaborate across business lines.
Must demonstrate strong analytical skills and able to translate data into action.
Solid organizational skills, ability to lead teams of various sizes, ability to focus on broader goals and project details simultaneously, and ability to multi-task effectively.
Strong working knowledge of Microsoft Office including Microsoft Project or equivalent.

Physical Requirements

The work is of an intellectual nature. While performing the functions of this job, the employee is required to stand and sit for prolonged periods. Specific vision abilities required include close and medium distance vision and the ability to adjust focus. Must be able to hear normal sounds, distinguish sound as voice and communicate through human speech. This position requires the ability to operate a keyboard, computer mouse, telephone, fax, copier, writing tools, and other standard office equipment. On an occasion, an employee will be asked to lift items weighing up to 35 lbs.

Other Duties

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.

Salary

$66,560-$73,000/year
#J-18808-Ljbffr

Job Type Full-time Description Our ideal candidate is excited to become a part of a talented, fast-growing team and must display these three top (required) skills: 1. Strong organizational and analytical skills, ability to track, monitor and report on trends and performance. 2. Attention to detail, with strong written communication and editing skills. 3. Ability to test and ensure systems and programs are working as expected. Overview: The associate product manager on the card products team is a key support role and is the functional subject matter expert on how their assigned credit card product(s) and features work. They need to thoroughly understand the product and market to help drive the product direction, messaging and functionality. They work with various teams within the business to monitor consumer and customer service feedback so that product and features can be enhanced. They will help drive the product strategy in day-to-day execution and serve as the bridge between the consumer and development. This is an exempt position. The hours of the position are Monday-Friday from 8:00am-5:00pm with additional hours as needed. Why Vervent? Company Perks: <ul> <li>Medical, FSA & HSA, Dental, Vision + More! </li><li>401k - 100% vested once you start contributing. Generous company match! </li><li>Regular employee health, wellness & engagement activities. </li><li>Pet Insurance, because fur babies are important to us too! </li><li>Beautiful local offices with on-site/hybrid options. </li></ul>About Vervent: As a fintech leader, Vervent sets the global standard for outperformance by delivering superior expertise, future-built technology, and meaningful services. We support our industry-leading partners with primary strategic services and our goal is to empower companies to accelerate business, drive compliance, and maximize service. To learn more, please visit Vervent.com . If you're interested in reviewing the full job description, continue reading below... Primary Responsibilities <ul> <li>Perform testing, prepare requirements, provide clarification on requirements, advise development and testing teams, and conduct post-release analysis and validation for new and existing products and features. </li> <li>Internalize the product strategy to drive day to day execution in creation of user stories, serving as a bridge between the user need and the development team. </li><li>Utilize systems to help identify and track backlogged features and functionality. </li> <li>Analyze data and cardholder feedback to find opportunities, propose projects, and contribute to product roadmap development. </li><li>Coordinate compliance approval and bank audits for terms and conditions, product functionality and product constructs. Attention to detail is key, since they will be responsible for ensuring documents are accurate and updates are implemented in a timely manner. </li> <li>Manage inventories and process orders and review forecasts to ensure adequate supply. </li> <li>Gather market intelligence, with respect to consumer credit card products, value propositions, pricing, rewards programs, market trends, new products and payment advancements. Maintain industry analysis and develop reports for circulation within the company. </li></ul>#LI-JJ1 #LI-Hybrid Requirements Primary Requirements Bachelor's degree preferred and/or 1-3 years equivalent work experience Experience with product, marketing or consumer communication in the financial services industry Attention to detail with excellent verbal and written communication skills Ability to multi-task and work in a fast-paced environment Maintain acceptable attendance standards Strong interpersonal and professional relationship-building skills Strong organizational, planning and time management skills Must be a self-starter and able to independently move projects forward, prioritize tasks, and meet deadlines Must have analytical skills to analyze metrics and create reports Proven ability to adapt and modify as needed to meet departmental deliverables Strong working knowledge of computer software including Microsoft Office Additional Vervent Details: <ul> <li>Founded in 1986, purchased by current CEO, David Johnson, in 2008 </li> <li>Privately owned by Stone Point Capital, Vervent Management and other passive investors </li> <li>1,500 employees globally </li><li>Primary Servicing - Loan, Credit Card, and Lease Servicing </li><li>Capital Markets Services - Backup Servicing, Verifications, Structured Settlements, eVault, etc. </li> <li>Credit Card Programs - Fully-Managed Credit Card Programs (secured and unsecured), Managed Card Services, Application Processing </li><li>Clients include consumer and small business "marketplace" lenders, finance companies, leasing companies, insurance companies, captive finance companies, alternative capital providers, consumers, and banks </li> <li>To learn more, please visit Vervent.com. </li></ul> Physical Requirements The work is of an intellectual nature. While performing the functions of this job, the employee is required to stand and sit for prolonged periods. Specific vision abilities required include close and medium distance vision and the ability to adjust focus. Must be able to hear normal sounds, distinguish sound as voice and communicate through human speech. This position requires the ability to operate a keyboard, computer mouse, telephone, fax, copier, writing tools, and other standard office equipment. On an occasion, an employee will be asked to lift items weighing up to 35 lbs. Other Duties Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice. Salary $53,250.00 - $71,000.00

Vervent Interview Questions

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Vervent Interview Questions

Vervent Salaries by Position

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