AXA Business Services Interview Questions, Process, and Tips

The bond interest rate can be calculated using the formula: Interest Rate = (Coupon Payment / Face Value) * 100

• Calculate the annual coupon payment of the bond

• Determine the face value of the bond

• Use the formula to calculate the bond interest rate

• For example, if a bond has a coupon payment of $50 and a face value of $1,000, the interest rate would be (50 / 1000) * 100 = 5%

Yes, I am comfortable with calls as part of my job as a Financial Analyst.

• I am comfortable with making and receiving calls to clients, colleagues, and stakeholders.

• I have experience in conducting phone interviews for research purposes.

• I am proficient in communicating complex financial information over the phone.

• I am able to handle difficult or challenging conversations over the phone professionally.

Insurance is a financial product that provides protection against financial losses.

• Insurance is a contract between an individual or entity and an insurance company.

• The individual or entity pays a premium in exchange for coverage against specific risks.

• Insurance can cover various aspects such as health, property, life, and liability.

• Examples of insurance include health insurance, car insurance, life insurance, and homeo

I plan to work in this company for the long term, as I am looking for stability and growth opportunities.

• I am committed to contributing to the company's success and growing with the organization

• I see potential for career advancement and development within the company

• I value stability and long-term relationships in my career

• I am excited about the company's future plans and want to be a part of it

Corporate actions refer to events initiated by a public company that can affect its shareholders and securities.

• Corporate actions can include dividends, stock splits, mergers, acquisitions, rights issues, and spin-offs.

• These actions can impact the value of securities held by investors and may require adjustments to portfolios.

• Investors need to stay informed about corporate actions to make informed decisions about their

A spin off in Corporate action is when a company creates a new independent company by separating a part of its business.

• A spin off involves a parent company distributing shares of a subsidiary to its existing shareholders.

• The new independent company operates separately from the parent company.

• Spin offs can be done to unlock value, focus on core businesses, or improve efficiency.

• Examples of spin offs include the separat...read more

Derivatives are financial contracts whose value is derived from an underlying asset or group of assets.

• Derivatives can be used for hedging, speculation, or arbitrage.

• Types of derivatives include options, futures, forwards, and swaps.

• Options give the holder the right, but not the obligation, to buy or sell an asset at a specified price before a certain date.

• Futures are contracts to buy or sell an asset at a predetermine...read more

Futures are standardized contracts traded on exchanges, while forwards are customized contracts traded over-the-counter.

• Futures are traded on exchanges, while forwards are traded over-the-counter.

• Futures are standardized in terms of contract size, expiration date, and settlement, while forwards are customizable based on the needs of the parties involved.

• Futures require margin accounts and daily settlement, while forwar...read more

A credit default swap is a financial derivative contract that allows an investor to transfer the credit risk of a fixed income security to another party.

• It is essentially a form of insurance against the default of a borrower or issuer of debt.

• The buyer of the credit default swap makes periodic payments to the seller in exchange for protection against default.

• If the borrower defaults on their debt, the seller of the cre...read more

Bonus issue in corporate actions refers to the issuance of additional shares to existing shareholders at no cost.

• Bonus issue is a form of corporate action where a company distributes additional shares to its existing shareholders for free.

• This is done as a way to reward shareholders without affecting the company's cash reserves.

• Shareholders receive additional shares in proportion to their existing holdings, maintaining...read more

In-the-money (ITM) option

• If the strike price is greater than the current market price in a PUT option, it is considered in-the-money (ITM)

• ITM options have intrinsic value because they can be exercised for a profit

• Example: If the strike price of a PUT option is $50 and the current market price is $45, it is ITM

Reconciliation is the process of comparing two sets of records to ensure they are in agreement. Trade life cycle includes order generation, execution, confirmation, settlement, and post-trade processing.

• Reconciliation involves comparing data from different sources to identify and resolve discrepancies.

• Stages of trade life cycle include order generation, execution, confirmation, settlement, and post-trade processing.

• Exa...read more

Custodian is responsible for safeguarding assets, processing transactions, and providing reporting services for institutional clients.

• Safeguarding assets such as securities, cash, and other financial instruments

• Processing transactions including settlements, corporate actions, and income collection

• Providing reporting services like performance measurement, risk analysis, and compliance monitoring

AXA is a multinational insurance company headquartered in France.

• AXA is one of the largest insurance companies in the world.

• It offers a wide range of insurance products and services including life, health, property, and casualty insurance.

• AXA operates in multiple countries and regions globally.

• The company also provides asset management and investment services.

• AXA is known for its strong financial stability and customer

Investment banking provides financial services to corporations, governments, and other institutions.

• Investment banks help companies raise capital through issuing stocks and bonds.

• They provide advisory services for mergers and acquisitions.

• They offer trading and market making services for securities.

• Investment banks also engage in asset management and wealth management.

• They assist in underwriting new debt and equity sec