Barclays Interview Questions, Process, and Tips

Q1. Technical questions
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Management level of interview related to processes

Q1. Package discussion
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Q1. Explain with examples
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I will explain Third Party Risk Management (TPRM) with examples.
• TPRM involves assessing and managing risks associated with third-party vendors.

• Examples include conducting due diligence on vendors before onboarding them.

• Another example is regularly monitoring vendor performance to ensure compliance with security standards.

• Implementing controls to mitigate risks associated with third-party relationships is also a key asp
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Q2. Challenges faced and your way to overcome
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Challenges faced in TPRM and ways to overcome them
• One challenge is managing multiple vendor relationships. This can be overcome by establishing clear communication channels and setting expectations.

• Another challenge is staying updated on regulatory changes. This can be addressed by attending relevant training sessions and networking with industry peers.

• Dealing with resistance to change from stakeholders is also a commo...read more
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Q1. Abut autmatin framewrk ,Have I wrked in perfrmance testing
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Q2. Scenari based questins
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Q1. Accounting entries for Bond
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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
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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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