BNY Associate Interview Questions, Process, and Tips

Hacker rank test for Java programming codes

Q1. Java Spring boot annotations
Add your answer
Q2. Java basics question
Add your answer

General aptitude questions

Q1. What you will do if fund accounting delays the backups to prepare the financials.?
Add your answer

Few questions about process

Q1. About experience
Add your answer
Q2. Other details experience
Add your answer

Q1. Previous process questionnaire
Add your answer
Q2. Relocation details
Add your answer

Q1. What is Credit enhancement
Ans. 
Credit enhancement is a strategy used to improve the credit rating of a borrower or a particular debt instrument.
• Credit enhancement can involve various methods such as guarantees, insurance, collateral, or letters of credit.

• It helps reduce the risk for lenders and investors, making the debt instrument more attractive.

• Examples include mortgage insurance for home loans and bond insurance for municipal bonds.
Answered by AI
Add your answer
Q2. Why investors invest in more risky tranche
Ans. 
Investors may invest in more risky tranches for higher potential returns.
• Higher risk tranches typically offer higher potential returns to compensate for the increased risk

• Investors with higher risk tolerance may be willing to invest in riskier tranches

• Diversification strategy may involve investing in a mix of tranches with varying levels of risk

• Investors may believe in the underlying assets' performance and are willing
Answered by AI
Add your answer