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Ascent Selected for Several Built In Awards for the Third Year in a Row

By Blog, Culture

Ascent is excited to start off the new year recognized as one of Chicago’s Best Places to Work and Best Small Companies to Work For, for the third year in a row by Built In!

Built In determines the winners of Best Places to Work based on an algorithm, using company data about compensation, benefits, and companywide programming. To reflect the benefits candidates are searching for most frequently on Built In, the program also weighs criteria like remote and flexible work opportunities, programs for DEI, and other people-first cultural offerings.  

“The pandemic pushed us to transform from remote-friendly to fully remote-first. Truly embracing this change allowed us to support each other through a difficult time, welcome new teammates from around the country, and build momentum even in the face of uncertainty and adversity,” said Carrie Pinkham, VP of People at Ascent.

The resiliency of the in-house team reflects our collective dedication to achieving Ascent’s mission: to reduce the costs and complexities of compliance and to help create a world that’s not restricted but empowered by the rule of law.

Pinkham continued, “We feel fortunate to have a vibrant group of kind, intelligent, dedicated people collaborating to bring a game-changing product to market together. Our goal is to continue building a workplace where our employees feel recognized, motivated, and empowered to do their best work.”

To learn more at BuiltInChicago.com and BuiltInBoston.com. 

Ascent Named as One of Chicago’s Best Places to Work and Best Small Companies to Work for in 2021 by Built In

By Blog, Culture

Chicago IL (January 8, 2021) Ascent, an AI-driven solution that helps financial services institutions automate regulatory compliance, today announced that it was named to Built In Chicago’s lists of Best Places to Work and Best Small Companies to Work for in 2021. Companies are selected based on data submitted by companies and their employees around compensation and benefits, culture, and growth opportunities.

Jon Leitner, Ascent CEO, commented, “We’re honored to once again be recognized as a top place to work in Chicago. The past year has been difficult for many, and as a team we’ve overcome many challenges. The key to each and every success has been the strength, resiliency and talent of our people. We’re committed to continuing to build a work environment that our employees are proud to be a part of.”

Carrie Pinkham, VP of People, added, “Though the past year of remote work has proven difficult  for many companies, there are incredible opportunities that arise from having a distributed workforce. As we continue to grow as a locally-known company, we are also excited about becoming a workplace leader far beyond the borders of Chicago. We’ll do that by conscientiously creating an inclusive environment that continually grows, challenges, and rewards our people.” 

Ascent is a first-mover in building RegulationAI™, a technology that helps compliance teams understand exactly what they need to do in order to remain compliant with complex financial regulation, thereby reducing risk, protecting firms’ reputations, and avoiding potentially crippling fines. 

“Our mission at Ascent is to create a world where companies don’t have to choose between spending massive amounts of money or not following the law,” commented Brian Clark, Founder and President. “By making it easier for businesses to comply, we free their resources to focus on commercial endeavors and delivering the best possible experience to their customers. This represents a massive global business challenge, and we’re excited to continue building a team that is galvanized around solving it.”

Ascent has been rapidly gaining momentum since its founding in 2015. Since its inception, Ascent has expanded to 45+ full-time employees and secured $26.7M in funding. 

 

About Built In
Working in tech is a way of life. Built In helps people live it with purpose. Across the most vibrant tech hubs in the US, Built In helps tech professionals stay on top of tech news and trends, expand their networks and carve out futures at companies they believe in. Built In attracts a niche audience of 1 million tech professionals every month and, in 2019, the company hit a milestone, serving 1,100 companies annually. Built In recently launched BuiltIn.com, a national hub for tech trend coverage and resources to help professionals grow in their careers. 

National Site: BuiltIn.com

Local Sites: BuiltInChicago.com | BuiltInLA.com | BuiltInColorado.com | BuiltInAustin.com | BuiltInNYC.com | BuiltInBoston.com | BuiltInSeattle.com | BuiltInSF.com

Best Places to Work Methodology

Built In’s list rates companies algorithmically based on compensation data and employer benefits. Rank is determined by combining a company’s score in each of these categories.

 

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The Shortest Commute: How to Set Up a Fully Remote Workforce

By Blog, Culture

(6 min read)

As the global health pandemic has swept across the country (and the world), business after business has locked up its office space and moved employees to working remotely — often under government mandate. 

This transition happened much more quickly than most of us could have imagined. And while some companies might have been more prepared than others, virtually every company had to make some adjustments to accommodate this new reality. 

We recently spoke with three team members at Ascent who were critical in getting our fully remote workforce up and running — Carrie Pinkham (VP People), Sarah Samuels Taylor (Chief of Staff), and Chris Doyle (Chief Technology Officer) — to better understand what challenges this new environment poses and to share advice on overcoming them.

You can watch the full conversation here or read the highlights (edited and condensed for clarity) below.

LEARN MORE: Ascent’s Open House: Socially Distant, Virtually Connected

 

What are some of the biggest challenges facing a company when setting up a fully remote workforce?

Sarah: In general, I’d say two of the biggest challenges are maintaining seamless communication and preserving team culture. These areas are especially important given the current environment because they both help establish a sense of normalcy — something very much missing at the moment. We’ve made them specific areas of focus for that very reason.

Carrie: I’d add too that, to Sarah’s point, the actual challenges of working remotely are exacerbated by the fact that we’re doing all of this during a global health crisis. That brings a lot of new questions to any company. How do we support our customers in this new environment? How do we support our team? For those of us who are parents, how do we balance childcare with our professional responsibilities? How do we manage the stress and concerns that come with a crisis like this?

As a company, that’s been one of the biggest challenges we’ve tried to take on — how can we make sure we’re supporting our employees as people during this crisis.

How has our team tried to address those challenges?

Sarah: Thankfully, we already had a few key tools in place which helped make our transition much smoother. We already relied primarily on Slack for internal communications and had Google Meet in place as a video conferencing tool (much like other companies might use MS Teams and/or Zoom). Our task then was to figure out the best way to use those tools in the new environment. 

As the situation has evolved, our communication strategy did too. We started out with daily updates, and frequent opportunities for non-work connections, like virtual lunch-and-learns and happy hours. As it became clear that this crisis was going to be around for the near future, we adjusted that cadence. Right now, Brian Clark, our CEO and founder, provides company-wide updates three times a week. We’ve also created a handful of more long-term engagement opportunities, like Donut, an app that randomly pairs employees for get-to-know-you chats. 

The lunch-and-learns in particular have been a great way to showcase internal talent and maintain culture. We started with one hosted by teammates that were already exclusively remote, so they could share their best practices and answer questions. Brian also led a session on our company mission and values — something both helpful for our new hires and a good reminder for folks who have been with us for awhile. We’ve also had more social opportunities, including a magic show, a virtual Quiplash (a group game where players ask and answer fun questions) session, and a college spirit day. 

Are there benefits to a remote workforce?

Carrie: Again, it’s important to distinguish here between the benefits in a normal environment and our current one.

In a normal situation, there are a number of potential benefits for both individual employees and for the company. Employees can eliminate their commute and add hours back to their day. For some, depending on your home environment, working remotely can have fewer distractions than an office environment and be more conducive to deep work. And, of course, there’s also the general flexibility working from home can provide.

For companies, a remote workforce allows them to pick from a broader talent pool, rather than being limited to local candidates or those willing to relocate. Additionally, by having employees in different parts of the world, it can give your company coverage over more hours of the day.

Obviously, though, in our current climate some of those benefits are undercut. If you have small children at home, finding time for deep work is far from easy. But I do think one interesting benefit to come out is a renewed sense of community internally. We opened one of our virtual happy hours with asking people to tell us the worst job they’ve ever had and we had some really interesting, engaging conversations that probably wouldn’t have taken place otherwise.

What role does technology play in keeping a remote workforce connected?

Chris: Quite simply, you can’t have a remote workforce without tech. Here at Ascent, we rely on a handful of tools, including Google Meet, Slack, Miro (an online whiteboarding and collaboration tool), and Google Docs.

Another thing I think this crisis has really brought to the forefront is the importance of a stable internet connection. Being digitally connected is the fundamental aspect of collaboration right now. If you don’t have a stable connection, it cuts you out of the loop — whether that means you can’t access your work at all or you can’t fully interact with coworkers through tools like video chat.

But having the right tools is just a part of the equation. Just as important is how you use those tools. I think one of our strongest assets going into this was having a well established operating cadence. Having pre-existing status meetings, standups, and 1-on-1s helped prevent duplicating work and improved communication. Because that cadence was already set up — and because it was relying on digital tools, like Google Docs or Google Sheets and video conferencing like Google Meet — it helped create continued momentum as we shifted into a fully remote workforce.

Ascent’s technology is completely cloud based. What is that important — both for our customers and our employees?

Chris: Two of the biggest advantages are the flexibility and scalability it gives us. Leveraging cloud servers like AWS lets us serve companies around the world and frees us up to grow more quickly. Quite simply it allows us to keep our focus on what we are the best in the world at — building AI for regulatory compliance — without getting bogged down in logistical considerations that a cloud vendor is better equipped to manage.

Also, we’re seeing more and more of our customers moving to the cloud. Some are there already, some are still early in that journey, but cloud computing is so well established now that even many global banks are starting to make that transition. So creating cloud-based solutions helps us serve our customers better — either as they make those transitions now or for when they likely will in the future.

READ ARTICLE: “But Does RegTech Actually Work?” 3 Ways Financial Firms and RegTechs Can Bridge the Trust Gap

Modern challenges require modern tools. Interested in seeing how Ascent can help you identify your obligations and automatically keep them updated as rules change?

Contact Us

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Ascent Named One of Chicago’s Best Places to Work and Best Small Companies to Work for in 2020 by Built In

By Blog, Culture

“We are pleased to be recognized by Built In Chicago and included among such a prestigious group of local companies.” —Brian Clark, Founder & CEO, Ascent

Ascent, an AI-driven solution that helps customers automate regulatory compliance, today announced that it was included on Built In Chicago’s list of Best Places to Work and Best Small Companies to Work for in 2020. Companies are selected based on data submitted by companies and their employees.

Brian Clark, Ascent Founder & CEO, commented, “As Ascent continues to gain momentum and recognition with customers and regulators worldwide, the key to our success remains the strength of our team. We are pleased to be recognized by Built In Chicago and included among such a prestigious group of local companies.”

Using proprietary RegulationAI™, Ascent dynamically generates the regulatory obligations and ongoing rule updates that apply to the customer, saving businesses significant time and money in analyzing regulation manually

Ascent has been rapidly gaining momentum since its founding in 2015. Since its inception, Ascent has expanded to 45+ full-time employees and secured $26.7M in funding, having closed its Series B in November 2019.  

In addition, Ascent recently hired Carrie Pinkham as its new VP of People, further demonstrating the firm’s continued commitment to building a great people-first company culture.

“Being named one of Built In’s Best Places to Work is a clear indicator that Ascent’s strong focus on investing in its people and core company culture of shared values is resonating not only with our team but the larger startup community in Chicago as well.” —Carrie Pinkham, VP of People, Ascent

“Being named one of Built In’s Best Places to Work is a clear indicator that Ascent’s strong focus on investing in its people and core company culture of shared values is resonating not only with our team but the larger startup community in Chicago as well,” said Pinkham. “With plans to double our headcount in 2020, I am very excited to help Ascent continue to foster a vibrant staff-led organization at scale going forward.”

Ascent has customers all over the world from Tier 1 and Tier 2 banks and other financial institutions. Ascent is continually expanding its regulatory coverage in order to better serve its customers worldwide. 

Maria Christopoulos Katris, CEO and Co-Founder of Built In, said: “We extend our heartfelt congratulations to our 2020 honorees. Built In aims to change lives by connecting talented tech professionals with jobs they were born to do. These companies have become part of that mission because they stand for more than just the work they’re doing. They stand for their people and purpose.” 

LEARN MORE: 43 Chicago FinTech Companies Revolutionizing Financial Services

 

To see our open positions and learn more about joining our team, visit our Careers page via the link below.

JOIN OUR TEAM

 

Growth Journey: From Customer Success to Product Management

By Blog, Culture

[It’s] such a refreshing feeling to have people who believed in my ability to support such an essential role in the company. I strive to perfect the art of Product Management and to continue to utilize my technical experience paired with my understanding of our customers from my time in Customer Success.

By Sura Giuffreda, Product Manager

Little did I know that my first day at Ascent would lead me in finding my perfect career path! I walked in the office one year ago, unsure about how my new role in Customer Success would be. However, this story isn’t about Customer Success but rather my journey to Product Manager.

Prior to beginning my time at Ascent, I was working as a Geophysicist for 5 years. I was ready to dive into something new and exciting. When I first learned about Ascent, the one thing I knew was that I was excited about the work that was being done and that I would get the opportunity to  directly shape a product that would change the game of compliance. I had to be a part of it.

Customer Success gave me the opportunity to highlight my interests in people and managing projects however, throughout my time working with customers, it became very clear to me that my technical brain wanted to solve problems and provide results in a different way. To be able to help our customers and solve their problems, I needed to know the product inside and out. For me to know the product, I needed to know the details of every gear in this well oiled machine- even now I am learning something new everyday!

An opportunity arose for me to officially pursue the role of Product Manager for our Customer Application. I received support for this pivot across the management team and from my peers. It was such a refreshing feeling to have people who believed in my ability to support such an essential role in the company. I strive to perfect the art of Product Management and to continue to utilize my technical experience paired with my understanding of our customers from my time in Customer Success. I’ve enjoyed my time in Product Management thus far, and I strongly believe I have finally found a career path that compliments me!

 

Interested in joining the Ascent team? Check out our open roles below!

Careers

 

Better by Design (Thinking): How We Combine Sprints with Customer-Obsession to Drive Product

By Blog, Culture, Tech

At Ascent, we strive to approach each and every challenge with this mindset that promotes first of all empathy, then understanding, then innovation, and finally a “best-fit” solution.

By Subha Sriram, VP Product 

A design thinking mindset is perhaps one of the most important assets for a company as it searches for innovative solutions to problems both anticipated and unexpected. At Ascent, we strive to approach each and every challenge with this mindset that promotes first of all empathy, then understanding, then innovation, and finally a “best-fit” solution.

What is Design Thinking?

Design thinking synthesizes analytical, divergent, and convergent thinking in the various stages of its workflow to finally arrive at the optimal solution.

The term “design thinking” can be traced back to 1987; however, the concept of design thinking has been around for much longer than that. The design thinking model stands as a counterpoint to the more traditional method of problem solving. 

What are the differences between these two schools of thought?

The “traditional” approach starts out with a clearly delineated problem. Then, a consensus solution to that problem is proposed. The bulk of the problem solving in such a methodology involves moving through a linear series of steps until the consensus solution is finally achieved, or revised according to its utility.

Design thinking, on the other hand, turns such a process on its head. Problem-solvers strive to examine a number of divergent solutions at the outset of the process, and then test such solutions to determine their “fit.” Design thinking synthesizes analytical, divergent, and convergent thinking in the various stages of its workflow to finally arrive at the optimal solution.

Customer-Obsession Creates Better Outcomes

Active listening makes it that much easier for our customers to buy into our solution. They become stakeholders from day one, which is a win for everyone involved.

Customer-obsession is one of our core values. Being a customer-centric company means that our approach to problem-solving reflects our keen interest in empathizing with our customers, understanding the root cause of their frustrations and pain points, and designing systems and services that specifically meet their unique needs.

The design thinking methodology provides the freedom we need to actively listen to our customers from the very start of the problem-solving process. It’s easy to sit behind a desk and say: “This is what you need.” But when designers go beyond just serving briefs and make it a point to hear out the customer with an open mind, then the end solution is almost inevitably superior to what may have been our original conception.

As an added benefit, our active listening makes it that much easier for our customers to buy into our solution. They become stakeholders from day one, which is a win for everyone involved.

How We Implement Design Thinking

Of course, as with any high-level concept, design thinking needs a framework of practical application to be useful in the real world. What we do at Ascent is utilize design sprints to help us meet customer needs – and design thinking is an integral part of such sprints.

Our design sprints are adapted from the popular Google Design Sprint methodology. Our process involves 5 key steps:

  • Conducting empathy interviews. We make it a point to be transparent and open with our interview subjects. We don’t always know the best-fit solution for their problems, which is why we probe, and dig, and explore their perspective. It’s vital that in this initial stage, we don’t try to interject our own values or perspectives into the conversation. This is all about them being heard; our role is to listen, clarify, and confirm.
  • Selecting a target focus. Once we’ve consolidated and analyzed all the data from our interviews, we determine what our design focal point should be. We come up with some preliminary sketches to serve as a rough outline of our objectives and potential solutions.
  • Prioritizing sketches. Next, we prioritize the sketches according to several criteria, such as how well the proposed solution would meet our objectives, its practicality, its functionality, and so on. 
  • Prototyping the experience. We then begin work on a prototype, or multiple prototypes, and look to stitch together the whole experience. We want to present the end-to-end experience that we hope our customers will enjoy upon the project’s completion.
  • Conducting usability sessions. Finally, we once more enlist the participation of our customers and stakeholders via usability sessions. We gather feedback from our customers, and begin iterations of the base design.

By implementing design thinking in such a way, we’ve been able to streamline our entire design process, involve our customers from start to finish, and provide the best possible solutions, instead of simply the most convenient.

Design Thinking in Action

Design is ultimately an expression of how humans can efficiently and effectively perform the job at hand. It’s not just a means to an end – it is an integral part of the final product.

Here’s an example of the value of design thinking in action here at Ascent:

We had been receiving feedback from our customers that they wanted an easy, intuitive way to navigate a specific feature. Because this aspect of our platform was not intuitive, customers were not finding the information they were looking for quickly enough, which actually led to them questioning the credibility of the product. Yikes! This is a classic example of the importance of empathy: while this issue may not have seemed so important from our end (because we know first-hand from building the product that the data is right), the customers didn’t have that level of transparency or product knowledge and therefore could only assume that an inability to find the information in the way they were accustomed to meant that was a problem with the information itself. 

We took measures to more fully understand the scope and nature of this problem. We initiated a two-and-a-half-week design sprint, and adhered to our 5-step design thinking process. We conducted interviews with a variety of customers and internal stakeholders. We took the resultant information, sketched, prioritized, and prototyped, and finally began usability testing. 

In the end, the results were overwhelmingly positive. Our customers were thrilled that we had not only listened to their concerns, but had taken proactive measures to overcome the challenges that they were facing. Even though this design sprint resulted in a fundamental paradigm shift in the way we processed rule updates, in the end our customers and stakeholders were completely satisfied, and we learned a lot from the whole experience.

Great Design is More than a Means to an End

At Ascent, design thinking is an integral part of what we do, and its principles of empathy, listening, and humanity are a reflection of who we are as a team. 

Design is ultimately an expression of how humans can efficiently and effectively perform the job at hand. It’s not just a means to an end – it is an integral part of the final product.

 

Interested in joining us? Check out our open roles below. 

Careers

 

 

The Magic Mix of Tech, People, and Culture — What Makes Ascent an Exciting Place to Work

By Blog, Culture, Tech

Those who are passionate about using technology to solve serious problems for both businesses and consumers alike will find here an environment of continual growth, expanding of boundaries, and optimism for the future that we all get to have a hand in building.

By Arbela Takhsh, Chief Operating Officer

From the moment I first learned of Ascent, I had an inkling that this young company was building something unique. However, it wasn’t until a casual conversation over coffee with Ascent’s Founder and CEO Brian Clark that I fully appreciated its potential to radically transform the market.

I’m no stranger to technological innovation. From my decades spent building and scaling tech products at companies like Motorola, Google, Comcast, and Gogo, I know that achieving the right balance of market need, technological capability, talent, and culture to successfully bring a product to market is incredibly difficult — and rare. 

By the time we’d finished our coffee, I knew I wanted to join Ascent on their mission to leverage cutting-edge technology to build a world that’s not constricted, but empowered by the rule of law.

As Brian — a former Chief Compliance Officer and “recovering lawyer” (as he likes to say) — talked me through the company’s vision, the technology they were building, and the powerhouse team he’d assembled, a realization began to crystallize — these folks were on to something special. By the time we’d finished our coffee, I knew I wanted to join Ascent on their mission to leverage cutting-edge technology to build a world that’s not constricted, but empowered by the rule of law.

I have been in the tech industry my entire career, and my enthusiasm to join the Ascent team was due in large part to their work with emergent technologies. We see that terms like “natural language processing”, “machine learning”, and “artificial intelligence” are everywhere and largely used as buzzwords. 

Ascent however is continuing to make a real and significant technology investment, building a highly innovative data architecture and data engineering platform, a very unique data processing pipeline, and customer applications using cutting-edge technologies and languages. Our mission is to deliver knowledge powered by our expertise in artificial intelligence, technology, and the domain of regulatory compliance.

Our team is building what we call Regulation AI from the ground up. This innovation in regulatory technology allows us to automate the most challenging aspects of compliance work in a way that’s more intelligent, more actionable, and more transformative than what was deemed possible even a few years ago. Ascent isn’t just another SaaS platform; it’s a unique and fundamentally new approach to producing knowledge that goes far beyond mining data for insights and wrapping it up in a user-friendly interface. The application of this technology in the multi-billion dollar compliance industry is groundbreaking and has the potential for delivering massive value to the world of financial services and beyond. 

Most engineers and other technical people I’ve met thrive on the opportunity to not only work with exciting technologies, but to actively shape the world with them. That’s the opportunity that awaits at Ascent.

Most engineers and other technical people I’ve met thrive on the opportunity to not only work with exciting technologies, but to actively shape the world with them. That’s the opportunity that awaits at Ascent. Those who are passionate about using technology to solve serious problems for both businesses and consumers alike will find here an environment of continual growth, expanding of boundaries, and optimism for the future that we all get to have a hand in building. 

I mentioned earlier that success comes not from a great idea, but in the magical amalgamation of technology, people, and culture. It’s not enough that Ascent is building an amazing product; culture plays a crucial role in our ability to deliver and scale. Our core values of Integrity, Cooperation, Persistence, Customer Obsession, and Innovation are integral to how we show up each and every day. Our values work naturally toward a strong company culture that builds enthusiasm among our team.

I believe everything starts and ends with creating real value for our customers. I strongly promote customer-focused strategies, operating cadence, and performance indicators that measure success in the eyes of those actually using our product.

As the person responsible for driving technological and operational excellence here at Ascent, I believe everything starts and ends with creating real value for our customers. I strongly promote customer-focused strategies, operating cadence, and performance indicators that measure success in the eyes of those actually using our product. This deep commitment to the customer is reflected in all that we do and furthermore, it’s how we generate sustainable business value and drive operational scale while building a strong culture driven by our values.

As the inventors of Regulation AI, we thrive on creating solutions that will help businesses grow unencumbered by complex regulation without compromising consumer protection. 

It’s been said that necessity is the mother of invention, and every team member at Ascent understands how necessary this technology is to the future of financial services. As the inventors of Regulation AI, we thrive on creating solutions that will help businesses grow unencumbered by complex regulation without compromising consumer protection. 

For many, the opportunity to shape the technology of the future indicates a cool job opportunity. Expanding that opportunity into the ability to provide transformative solutions that span the globe? That’s career-altering. 

With customers from global financial institutions around the world, we’re on the fast path to major market impact. Now, we’re on a mission to build the best team in the world.

Interested in joining us? Check out our open roles below. 

Careers

 

Breaking Down the Ascent Hiring Process

By Blog, Culture, Tech

By Chris Doyle, CTO

At Ascent, we’ve spent a lot of time thinking about our technical hiring process and how it reflects our tech team values. We view our hiring process not just as our chance to evaluate candidates, but our best opportunity to give candidates an opportunity to evaluate us. To that end, we like to be as transparent as possible about our process and what kind of experience a candidate can expect when they interview at Ascent.

Below is a pretty detailed look at our technical hiring process. If you’re interested in learning more about Ascent and potentially going through this process yourself, take a look at our open technical roles and feel free to apply!

 

STEP 1: Introductory Conversation with the Hiring Manager

Let’s introduce ourselves to each other! Typically we either grab coffee or hop on a Google Hangout for 30 minutes. During this time the hiring manager explains more about Ascent, our values, our product, and the open role. The candidate can also share a bit about their technical background and especially what they’d like their next career step to look like. We end by talking about our hiring process, our technical values, and next steps.

STEP 2: Continued Conversations with the Team

If both the candidate and the hiring manager want to move forward, we next have the candidate chat with a couple other members of the team, including potentially the tech lead or others. At this time, we get into more depth with the technical problems we solve on the team and learn more about how the candidate operates.

STEP 3: Take-Home Technical Exercise

In parallel with scheduling and having the conversation with other members of the team, we also ask you to spend a couple of hours at your leisure working on a technical exercise. We give you a week so that you don’t feel undue pressure, but generally candidates spend about two hours altogether on this exercise.

After completing the exercise, we spend around an hour with the candidate on Hangouts walking through it, asking about specific technical decisions or tradeoffs, and inquiring about possible extensions to the work and how the candidate might approach them. Finally, we provide more opportunity for the candidate to ask us questions!

STEP 4: Onsite Half-Day 

If all has gone well up to this point, we’ll be eager to introduce the candidate to other folks on the team with a series of in-office discussions that take place over about four hours. During this time, the candidate will meet with more members of the team — both technical and non-technical —  to discuss the role, the relationship between tech, product, and customers, and the candidate’s past experiences.

STEP 5: Offer

Within a couple of days of meeting, the team internally will meet to share their experiences with the candidate. We use an internal rubric centered on our values to remove as much bias as possible from our evaluation. Ultimately the hiring manager will make a final decision about extending an offer to the candidate. If we’re lucky enough to be able to make an offer, the hiring manager will reach out to the candidate with the details of the offer and give the candidate some time to consider their decision.

STEP 6: Onboarding

If the candidate accepts our offer, we first get extremely excited at the prospect of welcoming a new team member! Then we put together a comprehensive onboarding plan, including a first day schedule, a first three month plan based on the work available and our perception of the candidate’s strengths and growth opportunities during the hiring process, a one-pager with links to all our important documents (e.g. Employee Manual, Tech Team Onboarding Guide, links to various benefits and tech accounts), and we order a computer for the candidate. We also appoint a current team member as the candidate’s onboarding buddy, and we set up a Day 1 welcome lunch with the candidate and the team.

Then, we get to work!

Interested in joining the Ascent team? Check out our open roles below!

Careers

 

Ascent’s Tech Team Values

By Blog, Culture, Tech

By Spencer Allee, VP Data Science

At Ascent we have a set of core company values – Integrity, Cooperation, Persistence, Innovation, and Customer Obsession. These values work across teams and departments and give our teams a short enough list to remember. However, as a tech team we spend a lot of time talking about what makes a good tech team culture; we’ve arrived at a longer list of values around which we’ve built our engineering team.

We are a Best Effort Community

good faith, proactivity, hardworking, accountability

Best effort means we assume everyone is always doing the best they can in whatever situation they’re in with the information they have at the time. Community means we’re all in this together, and we succeed or fail together. Everything we do is in cooperation.

If we had to sum up Ascent in a single idea, it would be this.

Openness

listening, feedback, positive feedback, disagreement

Learning how to carefully listen, respectfully disagree, and provide and accept useful feedback stabilizes and magnifies all the other cultural efforts we make.

Growth

curiosity, learning, teaching, humility, collaboration

It’s everyone’s personal responsibility to constantly improve, and to help others improve. Since we all have much to learn, we try to be humble and curious. Since we all have much to teach, we endeavor to be generous with our time and knowledge. The fastest growth comes from collaboration, when we have the opportunity to teach and encourage each other robustly and directly.

Technical Intensity

deep knowledge, rigor, predictability

A deep, detailed understanding of our systems, libraries, and tools opens new opportunities, encourages comprehensive solutions, reduces chaos, and creates the predictability that allows the rest of the organization to trust us.

Intellectual Engineering

context, ROI, concepts/mental model, simplicity

Conceptual crispness and concision provides the clarity necessary to focus our efforts on the most valuable activities, and accelerates our progress by anticipating tomorrow even as we build for today.

Inclusion

diversity, attribution, helping, documentation, “yes, and”

Diverse teams produce better outcomes and tech should be available and accessible to everyone.  Soliciting engagement from underrepresented groups and actively removing the boundaries around technical participation allows us to increase the breadth of our best ideas.

Compassion

humanity, empathy, emotion, impact

Allowing emotion and encouraging empathy, among ourselves and our constituencies, acknowledges that while we’re all professionals, we’re also inextricably human.

Examples

examples, data-driven decisions

Examples are incredibly helpful to clarify communication and expose assumptions.

 

When we enter the technical hiring process with a candidate, we share our Tech Team Values with them as a first step before proceeding with the rest of the process. We view values alignment and technical skills as equally important, and we’re proud to have built a team of strong, value-driven engineers. If these values resonate with you, take a look at our open roles below and feel free to reach out! And if you’d like to see how these values play out in our hiring process, take a look at this blog post.

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On the Quantitative Value of Diversity

By Blog, Culture

Diversity is good for people, and for businesses. It’s not only the socially conscious thing to encourage, it’s also our fiduciary duty.

By Brian Clark, Founder and CEO

Ascent recently had the privilege of showing our support of ChickTech, a women-in-tech nonprofit that empowers women to stay in tech and encourage girls to join. As a sponsor of the Career Fair at the organization’s ACT-W Conference in Chicago, we had the opportunity to meet many bright, highly skilled, and generally awesome women and girls in tech, and we were reminded of the importance of diversity — especially in the technology world.

The startup and tech communities are notorious for their lack of diversity — so much so that this serves as common fodder for countless blog posts, articles, seminars, and speeches — and many who rightfully assert that diversity is important for the social fabric of a business often contrast it with the economics of success. After all, root capitalism is irreverent to notions of fairness for anything except price. How, then, do we reconcile these two juxtaposed ideologies?

diversity

The answer, surprisingly, is highlighted quite accurately both by nature and in the unique fabric of the American melting pot. In nature, biodiversity plays a key role in allowing for competitive and naturally selective outcomes. Diseases or predators that target specific variations of species are incapable of targeting those that develop sufficient biodiversity (in essence, natural selection). This diversity creates an optimal outcome for the species: namely, survival. The introduction of gene-editing techniques and the risks of removing specific gene sequences without knowing what they could eventually protect against creates risks of bio-homogeneity — and, as grandma would say, the bigger they are, the harder they fall. Biodiversity protects species from extinction and ensures optimal outcomes given conditions out of our control.

A society, whether ancient or contemporary, is an amalgamation of the various people within it. The definition of a society is “the aggregate of people living together in a more or less ordered community.” The definition of a data system refers to an “organized collection of symbols and symbol-manipulating operations.” Each is a unique structure made up of components that create a complex, interwoven equation that depends on each variable’s difference to generate an optimal outcome.

The melting pot that is America encourages the same social diversity. Race, religion, creed, sexual orientation, age, national origin, and many more, create a culturally rich group of individuals. The frustrations we endure, the iterative challenges to “getting it right” regarding an egalitarian society, the discussions, the failures, the successes, and the progress are equally as chaotic as the alignment of any set of diverse data points coming together to form a trendline. The very struggle to create such a world is what defines the breadth of those who are able to live comfortably in it. America’s struggle to ensure equal access (not equal outcomes) is the equivalent of the cogs grinding in a massively productive machine.

It may seem inconsequential to compare such grandiose notions of diversity to that of a commercial enterprise. Nonetheless, the “firm” has cemented itself in American society as the single most effective means of wealth creation and efficient method of resource allocation ever conceived.

Turning to economics, the three main sources of production (or wealth creation) are land, capital, and labor. Land is a constant, and capital (cash) is homogeneous. What, then, separates different types of wealth creation?

The answer, quite simply, is labor (made-up by the people in it). Ergo:

Production (Supply) = Land + Capital*B1 + Labor*B2.

Production (or supply) coupled with market demand produces, in efficient markets, proper prices. Nonetheless, supply and demand only determine price for a market of defined size. When identifying a market, we must look at the attributes of the demand constituents to ensure they fit the needs of the customers in that market. And, of course, each customer’s needs are made up by the idiosyncratic experiences, interests, and commercial behaviors of its participants.

If we want to design a product for the largest possible market (thereby maximizing market fit), we must appeal to the broadest group of people in said market. As a result, one should consider the makeup of the market and expand the potential pool of buyers before analyzing supply-demand behavior.

In other words, the more a company understands or represents its customers in a given market, the larger the potential revenue. As capital and land are homogeneous, the only alterable variable is labor.

What this encourages, then, is a labor curve that is diversified by experiences. These come from creed, race, religion, gender, geography, and a litany of other attributes of each of the employees. The more diverse the labor, the more optimal the labor trendline, and the larger the potential product-market fit.

In summation: Diversity is good for people, and for businesses. It’s not only the socially conscious thing to encourage, it’s also our fiduciary duty.

Interested in joining the Ascent team? Check out our open roles below!

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