BNY Senior Manager Finance Interview Questions and Answers

Q1. What are derivatives in finance?
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Q2. What are the different types of derivatives?
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Q1. What are the details of the stock market and its various products?
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Q2. Balance sheet,profit &loss account
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Q3. Journal entries
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Q4. Option in detail, economic crisis,
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Basic Mathematical Questions

Q1. Tell me about yourself
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Experienced financial analyst with a strong background in financial modeling and data analysis.
• Over 5 years of experience in financial analysis

• Proficient in financial modeling and forecasting

• Skilled in data analysis and interpretation

• Strong knowledge of accounting principles and financial regulations

• Excellent communication and presentation skills
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Q2. Why do you want to switch
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I am seeking new challenges and opportunities for growth in a different industry.
• Seeking new challenges and opportunities for growth

• Interested in exploring a different industry

• Looking to expand my skill set and knowledge
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Q1. What are common control transactions
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Common control transactions are transactions between entities under common control, where one entity has control over the other.
• Common control transactions typically involve the transfer of assets, liabilities, or equity between entities under the same parent company.

• These transactions are not considered arm's length transactions as the entities involved are related.

• Examples of common control transactions include the t...read more
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Q2. What is risk assessment
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Risk assessment is the process of identifying, analyzing, and evaluating potential risks in order to make informed decisions.
• Identifying potential risks that could impact an organization's objectives

• Analyzing the likelihood and impact of each risk

• Evaluating the overall risk exposure and determining appropriate risk mitigation strategies

• Risk assessment helps in making informed decisions and prioritizing resources

• Example...read more
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Q1. How do you handle escalations?
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I handle escalations by remaining calm, listening actively, identifying the root cause, proposing solutions, and following up to ensure resolution.
• Remain calm and composed when dealing with escalated situations

• Listen actively to understand the concerns and perspectives of all parties involved

• Identify the root cause of the escalation to address the underlying issue

• Propose solutions or alternatives to resolve the escalat...read more
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Q2. How important is this job to you?
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The duration was 60 min and the topics were covered basic math, DILR and gk

I was told to review on 2007 financial scam and how it could have been avoided

Q1. Where you reside
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Q2. When will you join
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Topic about the financial analysis

Q1. What is the format for budgeting
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Budgeting format involves creating a detailed plan for managing and allocating financial resources.
• Budgeting typically involves creating a spreadsheet or financial software program to track income, expenses, and savings goals.

• It is important to categorize expenses, set financial goals, and regularly review and adjust the budget as needed.

• Common budgeting formats include zero-based budgeting, incremental budgeting, and ...read more
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Q2. What is the formula for EBIT
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EBIT formula calculates a company's earnings before interest and taxes.
• EBIT = Revenue - Operating Expenses

• Operating expenses include costs like salaries, rent, utilities, and depreciation

• EBIT is a measure of a company's profitability before taking into account interest and taxes

• Example: If a company has $1,000,000 in revenue and $500,000 in operating expenses, EBIT would be $500,000
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Q1. Tell me about yourself
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Q2. Why Morgan Stanley
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Q3. 3 strengths of working in a team
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Q4. Preferable areas
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Q5. What would you do in the following situation?
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