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Ameriprise Financial Financial Associate Interview Questions and Answers

Updated 15 Jun 2024

Ameriprise Financial Financial Associate Interview Experiences

1 interview found

Interview experience
4
Good
Difficulty level
Moderate
Process Duration
4-6 weeks
Result
Not Selected

I applied via Naukri.com and was interviewed in Dec 2023. There was 1 interview round.

Round 1 - Technical 

(2 Questions)

  • Q1. About fund accounting
  • Q2. Investment banking management

Interview questions from similar companies

I applied via Recruitment Consulltant and was interviewed in Jul 2022. There was 1 interview round.

Round 1 - One-on-one 

(1 Question)

  • Q1. Swaps, Call option, Financial Instruments

Interview Preparation Tips

Interview preparation tips for other job seekers - Be confident and have good knowledge of Ind As 109 and SFM topics.
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
No response

I was interviewed in Mar 2024.

Round 1 - One-on-one 

(1 Question)

  • Q1. Where do you see your self in 5 years
Round 2 - One-on-one 

(1 Question)

  • Q1. Why do you want this role
Interview experience
5
Excellent
Difficulty level
-
Process Duration
Less than 2 weeks
Result
Selected Selected

I was interviewed in Apr 2023.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Keep your resume crisp and to the point. A recruiter looks at your resume for an average of 6 seconds, make sure to leave the best impression.
View all tips
Round 2 - Technical 

(5 Questions)

  • Q1. Waht is a bond, type of financial markets, type of capital market
  • Q2. Capital market and money market
  • Q3. Primary, Right issue, private placement,qlb AdR,GDR,IDR
  • Q4. Primary market secondary market
  • Q5. Public for the purpose raising capital
Round 3 - Aptitude Test 

Interst rate and bond price

Round 4 - Aptitude Test 

Which of the following terms is not related to stock exchange

Interview Preparation Tips

Topics to prepare for FactSet Financial Accountant interview:
  • Mba Finance
  • Chartered Accountant
Interview preparation tips for other job seekers - Finance, Accountant, Tally prime and GST 1 and GSTR3B Filing.
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Naukri.com and was interviewed in Jan 2024. There was 1 interview round.

Round 1 - Aptitude Test 

Some of the FP&A numbers questions and previous job role

Interview Preparation Tips

Interview preparation tips for other job seekers - Go with all your knowledge
Interview experience
4
Good
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Technical 

(1 Question)

  • Q1. Core Accounting concept
Interview experience
4
Good
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Company Website and was interviewed before Mar 2023. There were 2 interview rounds.

Round 1 - HR 

(1 Question)

  • Q1. Tell me about yourself and previous company details
Round 2 - One-on-one 

(3 Questions)

  • Q1. Questions related to knowledge in US mortgage and communication skillls
  • Q2. What is Forward mortgage
  • Ans. 

    A forward mortgage is a type of mortgage where the borrower receives the entire loan amount upfront and makes regular payments towards the loan over time.

    • Borrower receives the full loan amount at the beginning of the loan term

    • Regular payments are made towards the loan, typically including both principal and interest

    • Interest rates for forward mortgages can be fixed or adjustable

    • Common type of mortgage for purchasing a h

  • Answered by AI
  • Q3. WhatI reverse mortgage
  • Ans. 

    A reverse mortgage is a type of loan for homeowners age 62 and older that allows them to convert part of the equity in their homes into cash.

    • Reverse mortgage borrowers do not have to repay the loan until they sell the home, move out, or pass away.

    • The loan amount is based on the value of the home, the borrower's age, and current interest rates.

    • Interest on a reverse mortgage is not tax-deductible until the loan is paid o...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Have a little experience knowledge on US mortgage sector

Interview Questionnaire 

3 Questions

  • Q1. What are Derivatives.
  • Ans. 

    Derivatives are financial contracts that derive their value from an underlying asset or security.

    • Derivatives can be used for hedging or speculation.

    • Examples include futures, options, swaps, and forwards.

    • They can be traded on exchanges or over-the-counter.

    • Derivatives can be complex and involve high levels of risk.

    • They are widely used in the financial industry.

  • Answered by AI
  • Q2. Difference between equity and pref. Shares.
  • Ans. 

    Equity shares represent ownership in a company while preference shares have priority in receiving dividends and assets in case of liquidation.

    • Equity shares represent ownership in a company while preference shares have priority in receiving dividends and assets in case of liquidation.

    • Equity shareholders have voting rights while preference shareholders do not.

    • Preference shares have a fixed dividend rate while equity shar...

  • Answered by AI
  • Q3. Basic accounting questions

I applied via Naukri.com

Interview Questionnaire 

3 Questions

  • Q1. What are mutual funds?
  • Ans. 

    Mutual funds are investment vehicles that pool money from multiple investors to invest in a diversified portfolio of stocks, bonds, or other securities.

    • Mutual funds are managed by professional fund managers.

    • Investors buy shares in the mutual fund and the value of their investment is determined by the performance of the underlying securities.

    • Mutual funds offer diversification, liquidity, and convenience to investors.

    • The...

  • Answered by AI
  • Q2. What is accrued income?
  • Ans. 

    Accrued income is the income that has been earned but not yet received or recorded in the books of accounts.

    • It is a type of income that has been earned but not yet received.

    • It is recorded in the books of accounts as a current asset.

    • Examples include interest income, rent income, and commission income.

    • It is recognized as revenue in the income statement when earned, not when received.

  • Answered by AI
  • Q3. What is yield
  • Ans. 

    Yield is the return on investment, expressed as a percentage of the initial investment.

    • Yield is the income generated by an investment.

    • It is calculated by dividing the annual income by the initial investment.

    • Yield can be expressed as a percentage or a dollar amount.

    • Different types of investments have different yields, such as stocks, bonds, and real estate.

    • Yield can be affected by factors such as interest rates, inflati

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Be prepared for basic financial knowledge. Level 1 is easy.
There are other rounds of technical interview followed by HR round.

Skills evaluated in this interview

Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Aptitude Test 

Aptitude test including logical reasoning mathematics questions

Round 2 - One-on-one 

(1 Question)

  • Q1. Derivatives and Ind as 109 , behavioural questions

Ameriprise Financial Interview FAQs

How many rounds are there in Ameriprise Financial Financial Associate interview?
Ameriprise Financial interview process usually has 1 rounds. The most common rounds in the Ameriprise Financial interview process are Technical.
What are the top questions asked in Ameriprise Financial Financial Associate interview?

Some of the top questions asked at the Ameriprise Financial Financial Associate interview -

  1. Investment banking managem...read more
  2. About fund account...read more

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Ameriprise Financial Financial Associate Interview Process

based on 2 interviews

Interview experience

4
  
Good
View more

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Ameriprise Financial Financial Associate Salary
based on 7 salaries
₹4.6 L/yr - ₹7 L/yr
14% more than the average Financial Associate Salary in India
View more details

Ameriprise Financial Financial Associate Reviews and Ratings

based on 2 reviews

5.0/5

Rating in categories

5.0

Skill development

5.0

Work-life balance

5.0

Salary

5.0

Job security

5.0

Company culture

5.0

Promotions

5.0

Work satisfaction

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