American Express Senior Consultant Interview Questions and Answers

Q1. What is audit why to test
Ans. 
Audit testing is conducted to verify the accuracy and reliability of financial information.
• Audit testing is essential to ensure that financial statements are free from material misstatements.

• Testing helps to assess the effectiveness of internal controls and compliance with regulations.

• Different types of audit tests include analytical procedures, substantive tests, and tests of controls.

• Examples of audit testing methods...read more
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Q2. What is SoX frame work
Ans. 
SoX framework is a command-line audio processing tool that can convert audio files, apply effects, and more.
• SoX stands for Sound eXchange

• It is a free, open-source software

• Can be used for audio file format conversion, audio editing, and applying various effects

• Examples: converting WAV to MP3, applying echo effect to audio files
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Q1. Why r u interested in this role
Ans. 
I am interested in this role because of the opportunity to utilize my expertise in consulting and make a significant impact on clients' businesses.
• Passion for problem-solving and helping clients achieve their goals

• Strong background in consulting and proven track record of success

• Desire to work in a challenging and dynamic environment

• Opportunity to work with a talented team and learn from industry experts
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Q2. Are u okay with shift timing
Ans. 
Yes, I am okay with shift timings as long as they are communicated in advance.
• I am flexible with my schedule and can adjust to different shift timings.

• I appreciate clear communication about shift schedules in advance.

• I have previous experience working in shifts and have no issues with it.
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Q1. Revenue recognition
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Java concurrency base test

Q1. Pure technical round. Coding, data structure, algo
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Q1. Same as 2nd round with advance topic
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Q1. Fund accounting workflow
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Q2. Fund accounting Investone platform
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Q1. What will happen if trades not booked
Ans. 
If trades are not booked, it can lead to financial discrepancies and inaccurate reporting.
• Unbooked trades can result in incorrect profit and loss calculations.

• It can lead to discrepancies in portfolio valuations.

• Unbooked trades can cause delays in settlement and payment processes.

• It can result in inaccurate reporting to clients and regulatory authorities.

• Failure to book trades can lead to compliance issues and potentia
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Q2. What is the important spectra in sunguard ole
Ans. 
The important spectra in Sunguard Ole are UV-A and UV-B.
• UV-A and UV-B are the two important spectra in Sunguard Ole.

• UV-A has longer wavelengths and can penetrate deeper into the skin, causing long-term damage.

• UV-B has shorter wavelengths and is responsible for sunburns and immediate skin damage.

• Sunguard Ole provides protection against both UV-A and UV-B rays.

• It is important to use sunscreen with broad-spectrum protecti
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Q3. What is screen to check fund currency details
Ans. 
The screen to check fund currency details is the Currency Details screen.
• The Currency Details screen provides information about the currency of a fund.

• It displays the currency code, name, symbol, and exchange rate of the fund.

• Users can access this screen by navigating to the fund details page and selecting the 'Currency Details' option.

• The screen may also show historical exchange rates and any recent updates or changes
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Q1. C++, com component, oops concept
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Q2. General interview questions on knowledge.
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Basic accounting and corporate knowledge and financial expertise

Q1. About me and organisation and communication skill
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Q1. Basic of stock market and finance
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Q2. Reconciliation and corporate action
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Palindrome number print

Q1. Vprt and vtable
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Q2. STL implementation
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Q1. Salary expectations etc
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Q1. SQL and SAS based
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Q1. Situation based
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