ANZ Banking Group CDD Analyst Interview Questions and Answers

Q1. What are diiferent types of securities?
Ans. 
Different types of securities include stocks, bonds, options, and mutual funds.
• Stocks represent ownership in a company

• Bonds are debt securities issued by governments or corporations

• Options give the holder the right to buy or sell an asset at a specified price

• Mutual funds pool money from multiple investors to invest in a diversified portfolio

• Other types include ETFs, futures, and derivatives
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Q2. What is Capital markets?
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Capital markets are financial markets where long-term debt or equity-backed securities are bought and sold.
• Capital markets facilitate the buying and selling of long-term financial instruments such as stocks and bonds.

• They provide a platform for companies and governments to raise funds for various projects and initiatives.

• Investors can trade securities in the capital markets to earn returns on their investments.

• Examples...read more
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Q3. What are Corporate actions?
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Corporate actions are events initiated by a public company that can affect its stock price or ownership structure.
• Corporate actions include dividends, stock splits, mergers, acquisitions, spin-offs, and rights issues.

• These actions can impact shareholders by changing the value of their investments or the number of shares they own.

• Investors need to stay informed about corporate actions to make informed decisions about th
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Q4. If bonus declared by company then its effect on company's balance sheet (basically journal)?
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Q5. If bond fv 100 issued at discount at 98 and giving fixed return @ 10%, then what is actual rate of return is it more or less than 10% and method is used for its calculation what it is called?
Ans. 
The actual rate of return is more than 10% due to the bond being issued at a discount. The method used for its calculation is Yield to Maturity (YTM).
• Bond issued at discount means the actual rate of return is higher than the fixed rate.

• Yield to Maturity (YTM) is used to calculate the actual rate of return on a bond.

• YTM takes into account the bond's current market price, par value, coupon payments, and time to maturity.
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Q6. If company declared dividend but not paid, then its effect on balance sheet of holder of shares?
Ans. 
If a company declares a dividend but does not pay it, the balance sheet of the shareholder will show an increase in their retained earnings and a corresponding decrease in their cash or assets.
• The shareholder's equity will increase by the amount of the declared dividend.

• The company's liabilities will also increase by the same amount until the dividend is paid.

• The shareholder will see an increase in their retained earni...read more
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Q7. Mutual fund boughts shares, its journal on trade date and settlement date?
Ans. 
Mutual fund buys shares on trade date and settles on settlement date.
• Mutual fund purchases shares on the trade date, which is the date the transaction is executed.

• Settlement date is the date on which the mutual fund actually pays for the shares and receives ownership.

• The journal entry on the trade date would debit the investment account and credit the cash account.

• The journal entry on the settlement date would reverse ...read more
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Q8. Types of Investment opportunities?
Ans. 
Investment opportunities include stocks, bonds, real estate, commodities, and startups.
• Stocks - buying shares of a company

• Bonds - lending money to a corporation or government

• Real estate - purchasing property for rental income or appreciation

• Commodities - investing in physical goods like gold or oil

• Startups - funding early-stage companies in exchange for equity
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Q9. What is derivatives and different types?
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Derivatives are financial instruments whose value is derived from an underlying asset or group of assets.
• Types of derivatives include futures, options, swaps, and forwards.

• Futures contracts obligate the buyer to purchase an asset at a specific price on a future date.

• Options give the buyer the right, but not the obligation, to buy or sell an asset at a predetermined price within a specified timeframe.

• Swaps involve the e...read more
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Q1. Can you tell me about yourself?
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I am a dedicated and detail-oriented analyst with a strong background in data analysis and problem-solving.
• I have a Bachelor's degree in Statistics from XYZ University.

• I have 3 years of experience working as a data analyst at ABC Company.

• I am proficient in using statistical software such as R and Python for data analysis.

• I have a proven track record of delivering actionable insights to drive business decisions.
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Q2. They ask about your work experience?
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Q3. Based on your work experience, what questions do you expect to be asked?
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Q1. What is the difference between OD and VC?
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Q2. How you determine drawing power?
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Q3. What is DLOD?
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Q4. What is Leverage ratio?
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Q5. Why do you what to switch job?
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Q1. Mostly Resume based questions
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Q2. Are you ok with the location
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Q1. Who is the vice president of india
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Q2. Resume based questions against
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Q1. Accounting entries for Bond
Ans. 
Accounting entries for bonds involve recording the issuance, interest expense, and amortization of premium or discount.
• Record issuance of bonds at face value as a liability and cash received as an asset

• Recognize interest expense over time using effective interest rate method

• Amortize premium or discount on bonds using straight-line or effective interest rate method
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Q2. What is Credit Default Swap
Ans. 
A Credit Default Swap (CDS) is a financial derivative contract that allows an investor to hedge against the risk of default on a debt instrument.
• CDS is essentially a form of insurance against the default of a borrower or issuer of a debt security.

• The buyer of a CDS makes periodic payments to the seller in exchange for protection against default on a specified debt obligation.

• If the borrower defaults, the seller of the ...read more
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Q1. Tell me about kyc and all
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Q1. Describe a recent business news and how it would affect your role
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Q2. Tell me about yourself
Ans. 
I am a recent graduate with a strong background in finance and a passion for investment banking.
• Recent graduate with a degree in finance

• Internship experience in investment banking

• Strong analytical and financial modeling skills

• Passionate about the investment banking industry
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General knowledge in all area

Q1. Tell me about yourself
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Q2. Where do you see yourself in,5 years
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