BA Continuum Interview Questions and Answers

DV01 is a measure of the change in the price of a bond for a 1 basis point change in yield. Recognition measure in IFRS 9 is Expected Credit Loss (ECL).

• DV01 measures the sensitivity of a bond's price to changes in interest rates

• It represents the dollar value of a one basis point decrease in yield

• IFRS 9 uses Expected Credit Loss (ECL) as the recognition measure for impairment of financial assets

• ECL is based on the proba...read more

VaR stands for Value at Risk, a measure used to assess the potential loss in value of a portfolio over a specific time period.

• VaR is a statistical measure used to quantify the level of financial risk within a portfolio.

• Variables used in calculating VaR include the portfolio value, the time period, and the level of confidence.

• For example, a 95% VaR of $1 million over a one-week period means there is a 5% chance of losin...read more

Delta and gamma are terms used in finance to measure the sensitivity of an option's price to changes in the price of the underlying asset.

• Delta measures the rate of change of the option price with respect to changes in the price of the underlying asset. It ranges from -1 to 1 for call options and 0 to -1 for put options.

• Gamma measures the rate of change of delta with respect to changes in the price of the underlying as...read more

Delta measures the rate of change of an option's price with respect to the underlying asset's price, while gamma measures the rate of change of delta with respect to the underlying asset's price.

• Delta is the first derivative of the option price with respect to the underlying asset price, while gamma is the second derivative of the option price with respect to the underlying asset price.

• Delta tells us how much the optio...read more

I have worked on various analytical projects, focusing on data analysis, visualization, and strategic insights across different industries.

• Developed a sales forecasting model using historical data, improving accuracy by 20%.

• Conducted market research for a new product launch, identifying key customer segments and preferences.

• Created interactive dashboards in Tableau to visualize performance metrics for senior management...read more

I want to join Baci because of their innovative projects and collaborative team environment.

• Exciting projects that Baci is working on

• Opportunity to work in a collaborative team environment

• Desire to contribute my skills and expertise to Baci's success

Bank of America reported strong Q2/Q3 financial results with increased revenue and profits.

• Bank of America's revenue increased by X% compared to the previous quarter.

• Profits for Q2/Q3 exceeded analyst expectations.

• The bank's stock price saw a significant increase following the release of the financial results.

Bank of America's core values include integrity, teamwork, and excellence.

• Integrity: Upholding high ethical standards in all business practices.

• Teamwork: Collaborating effectively with colleagues and clients.

• Excellence: Striving for excellence in all aspects of the business.

• Customer focus: Putting the needs of customers first.

• Diversity and inclusion: Embracing diversity and fostering an inclusive work environment.

I am flexible with shift timings and can accommodate changes as needed.

• I am open to working different shifts, including nights and weekends

• I can adjust my schedule to meet the needs of the team or company

• I have experience working in roles with varying shift timings