BNY Associate Interview Questions, Process, and Tips

Hacker rank test for Java programming codes

Q1. Java Spring boot annotations
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Q2. Java basics question
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Q1. What is securitization
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Q2. Explain how 2008 crisis effect structured finance market especially MBS and RMBS
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Q1. What files are required in a framework?
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A framework typically requires essential files for structure, configuration, and functionality.
• 1. Configuration Files: Define settings and parameters (e.g., config.json, settings.py).

• 2. Dependency Files: List libraries and packages needed (e.g., package.json, requirements.txt).

• 3. Entry Point: The main file to start the application (e.g., app.js, main.py).

• 4. Source Code Files: Contain the core logic and functionality (e...read more
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Q2. What are the best practices for successfully delivering a project while implementing continuous testing?
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Implementing continuous testing enhances project delivery through automation, collaboration, and feedback loops.
• Integrate testing early in the development cycle to catch issues sooner, e.g., using Test-Driven Development (TDD).

• Automate repetitive tests to save time and reduce human error, such as using Selenium for web applications.

• Foster collaboration between developers and testers to ensure shared understanding of re...read more
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Q3. How do you inform others about any process changes?
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I communicate process changes through clear documentation, meetings, and follow-ups to ensure everyone is informed and aligned.
• Create detailed documentation outlining the changes and distribute it via email.

• Hold a team meeting to discuss the changes, allowing for questions and feedback.

• Use visual aids, like flowcharts, to illustrate the new processes.

• Follow up with team members individually to address any concerns or c...read more
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Q4. What are the various specialist roles in terms of job perspectives?
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Specialist roles vary across industries, focusing on specific skills and expertise to enhance organizational effectiveness.
• Data Scientist: Analyzes complex data to inform business decisions, e.g., predicting customer behavior.

• Cybersecurity Analyst: Protects an organization's systems from cyber threats, e.g., monitoring network security.

• UX/UI Designer: Enhances user experience through design, e.g., creating intuitive ap...read more
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General aptitude questions

Q1. What you will do if fund accounting delays the backups to prepare the financials.?
Ans. 
I would prioritize the backups to ensure data integrity and work with fund accounting to find a solution.
• Communicate with fund accounting to understand the reason for the delay

• Prioritize critical backups to ensure data integrity

• Work with the team to find a solution that minimizes delays in preparing financials
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