Bank of America Assistant Manager Operations Interview Questions and Answers

Q1. Normally question
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Q2. Banking question
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Q3. Normally question to banking
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Q4. Banking question and about self
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Q5. Good growth in banking
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Q1. Operation related
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Q2. Operations like AML, LTR
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Q1. Salary discussion
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There will be some basic aptitude questions

Q1. Why did you choose banking sector
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Q2. Tell about your experience
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Q3. Self introduction
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Q4. Why do you want to join with hdfc
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Q5. How long will you stay with hdfc
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Q1. Tell about Trade life cycle
Ans. 
Trade life cycle refers to the stages involved in a trade from initiation to settlement.
• The trade life cycle includes trade initiation, trade execution, trade confirmation, trade settlement, and trade reconciliation.

• During trade initiation, the trader identifies the opportunity and decides to execute the trade.

• Trade execution involves the actual buying or selling of the security.

• Trade confirmation involves verifying th...read more
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Q1. Tell about cash management
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Cash management involves managing the inflow and outflow of cash in an organization to ensure financial stability.
• Cash management involves forecasting cash flow and creating a budget.

• It also involves managing accounts receivable and payable.

• Effective cash management can help an organization avoid cash shortages and improve financial performance.

• Examples of cash management techniques include cash pooling and cash concen...read more
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Q1. Basic roles and responsibilities Background information Experience
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Q1. Merchant ecosystem
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Q2. Collection part
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Reasoning, English, Basic Aptitude

Q1. One to one interview with Cluster Head. They are your confidence level, good communication and basic banking knowledge.
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Q2. Tell me about yourself,
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