Barclays Shared Services Interview Questions, Process, and Tips

Maths and general knowledge

Environmental studies

Q1. Tell about yourself
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Q2. Salary expectation
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Q1. What is credit risk
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Credit risk is the risk of loss due to a borrower's failure to repay a loan or meet contractual obligations.
• Credit risk is the risk that a borrower will default on a loan or debt obligation.

• It is the potential loss that a lender may suffer if a borrower fails to make payments.

• Factors that contribute to credit risk include the borrower's credit history, financial stability, and economic conditions.

• Lenders use credit sco...read more
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Q1. What is regression , classification
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Regression is a statistical method to predict continuous outcomes, while classification is used to predict categorical outcomes.
• Regression is used when the target variable is continuous, such as predicting house prices based on features like size and location.

• Classification is used when the target variable is categorical, like predicting whether an email is spam or not based on its content.

• Regression models include lin...read more
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Q2. NLP techniques and text classification algorithms and techniques like word embeddings
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Q1. Hyper parameters for classification algorithms
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Hyper parameters are settings that are set before the learning process begins and affect the learning process itself.
• Hyper parameters are not learned during the training process, but are set before training begins.

• They control the learning process and impact the performance of the model.

• Examples include learning rate, number of hidden layers, and batch size in neural networks.
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Q2. How to improve efficiency of models
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Improving model efficiency involves feature selection, hyperparameter tuning, and ensemble methods.
• Perform feature selection to reduce dimensionality and focus on relevant features

• Optimize hyperparameters using techniques like grid search or random search

• Utilize ensemble methods like bagging or boosting to improve model performance

• Consider using more advanced algorithms like deep learning for complex data patterns
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Q1. General discussion about oneself
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Q1. Your career ,experience, skills will be checked.
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Q1. Various Unix commands and sql queries
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Q2. Unix commands for permissions
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Unix commands for permissions
• chmod - change file mode bits

• chown - change file owner and group

• ls - list directory contents with permissions

• umask - set default file permissions
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Q1. What is risk and why is it necessary to have a risk function for an organisation
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Q2. What is the role of Risk weighted assets for a bank
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Q3. Can you say about any recent macro economic event that has impact on bank and the economy
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Q1. What do you do and don't do when it comes to team
Ans. Always respect and do not underestimate your colleagues. Try to be as professional as possible and avoid any personal drama. Always listen more to what your colleagues have to say and provide appropriate feedback .
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Q2. How do you deal in a situation where your manager has a different opinion as to how to do the work and you know it's wrong and could impact the entity very badly
Ans. We need to put the same in appropriate channels provided by entity so that company knows that we have taken adequate steps to prevent it from happening
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