BNY Senior Associate Interview Questions, Process, and Tips

List comprehension to find even numbers from 0 to 11

• Use list comprehension with condition for even numbers

• Syntax: [x for x in range(12) if x % 2 == 0]

• Example: ['0', '2', '4', '6', '8', '10']

Test driven development is a software development process where tests are written before the actual code.

• Write a failing test case based on requirements

• Write the minimum code to pass the test

• Refactor the code to improve quality and maintainability

• Repeat the process for each new feature or change

I performed testing by utilizing various unit testing modules such as JUnit and Mockito.

• Utilized JUnit for testing individual units of code

• Used Mockito for mocking dependencies in unit tests

• Implemented test cases to ensure proper functionality and identify bugs

I have diverse experience in various industries, seeking growth opportunities and challenges.

• Worked in finance, healthcare, and technology industries

• Focused on project management, data analysis, and client relations

• Seeking opportunities for professional growth and development

My expected compensation is based on my experience, skills, and the market rate for Senior Associates in this industry.

• Research the average salary range for Senior Associates in the industry

• Consider my years of experience and relevant skills when determining my expected compensation

• Be open to negotiation based on the overall compensation package offered

NAV is Net Asset Value, expenses are costs incurred by a fund, CFD is Contract for Difference, Corporate Action refers to events that impact a company's securities.

• NAV is the value of a fund's assets minus its liabilities, divided by the number of shares outstanding.

• Expenses in a fund include management fees, administrative costs, and other operational expenses.

• CFD is a financial derivative that allows traders to specu...read more

Seeking new challenges and opportunities for growth

• Desire for career advancement

• Interest in working with new technologies or industries

• Seeking a more collaborative or innovative work environment

The golden rules are fundamental principles or guidelines that are considered to be universally true and important.

• Golden rules are basic principles that are believed to be essential for success or happiness.

• They are often based on moral or ethical values.

• Examples include 'treat others as you want to be treated' and 'honesty is the best policy.'

Subscription and redemption are processes in which investors can buy or sell shares of a mutual fund.

• Subscription is the process of buying shares of a mutual fund.

• Redemption is the process of selling shares of a mutual fund.

• Investors can subscribe to a mutual fund by investing a certain amount of money.

• Investors can redeem their shares by selling them back to the mutual fund.

• Subscription and redemption prices are based...read more

Hedging is a risk management strategy used to offset potential losses by taking an opposite position in a related asset or security.

• Hedging involves taking a position in a financial instrument to reduce or offset the risk of price movements in another asset.

• Common hedging strategies include using options, futures contracts, and derivatives.

• For example, a company may hedge against currency fluctuations by entering into ...read more

I have a Bachelor's degree in Business Administration and a Master's degree in Finance.

• Bachelor's degree in Business Administration

• Master's degree in Finance