BNY Senior Process Analyst Interview Questions and Answers

Q1. What is transaction monitoring
Ans. 
Transaction monitoring is the process of reviewing and analyzing transactions to detect suspicious activity or compliance violations.
• Monitoring financial transactions for signs of money laundering or fraud

• Identifying unusual patterns or behaviors in transactions

• Ensuring compliance with regulations and policies

• Using software tools to automate the monitoring process

• Taking action on flagged transactions, such as investiga
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Q2. What is SAR and explain about outgoing wires
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SAR stands for Suspicious Activity Report. Outgoing wires refer to electronic transfers of funds from one account to another.
• SAR is a report filed by financial institutions to report suspicious activities that may indicate money laundering or other illegal activities.

• Outgoing wires are electronic transfers of funds initiated by a customer to send money to another account.

• Financial institutions monitor outgoing wires to...read more
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Q1. Accounting questions
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Q2. General questions
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Q1. What was your experience
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Logical reasoning, quantitative aptitude, capital and money market, behavioural questions, investment banking, corporate Banking, mutual funds

Q1. What is derivative and types? What is mutual funds, what is NAV with formula, ratios, pg detailed projects ( what methods used,formula used,), about internships( what suggestions given, what did you learn)
Ans. 
Derivatives are financial contracts that derive their value from an underlying asset. Mutual funds are investment vehicles that pool money from multiple investors to invest in securities.
• Types of derivatives include futures, options, swaps, and forwards.

• NAV (Net Asset Value) is the value of a mutual fund's assets minus its liabilities, divided by the number of outstanding shares.

• Ratios used in mutual fund analysis incl...read more
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Q1. Why do you want to work in BNP Paribas? What do you know about investment banking, few situational questions,few work life questions, about futures, forwards? Why do we want to hire you?
Ans. 
I want to work in BNP Paribas because of its reputation in the investment banking industry and the opportunities it offers for career growth.
• I am attracted to BNP Paribas because of its strong reputation in the investment banking industry.

• I am impressed by the company's global presence and its commitment to providing innovative financial solutions.

• I believe working at BNP Paribas will provide me with valuable experienc...read more
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Q1. Tell me about your self
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I am a detail-oriented individual with a strong background in credit processing and customer service.
• Experienced in handling credit applications and verifying financial information

• Skilled in analyzing credit reports and making recommendations for approval or denial

• Excellent communication skills for interacting with customers and resolving issues

• Proficient in using credit processing software and systems

• Ability to work e
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Q2. Skills did you have
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I have strong communication skills, attention to detail, and ability to work efficiently under pressure.
• Strong communication skills - able to effectively communicate with team members and clients

• Attention to detail - able to accurately process and review credit applications

• Ability to work efficiently under pressure - able to meet deadlines and handle high volume of work
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Q1. 1.What is Fixed income 2.What is Forex 3.Types of Derivatives
Ans. 
Fixed income refers to investments that pay a fixed rate of return, Forex is the foreign exchange market, and derivatives are financial instruments whose value is derived from an underlying asset.
• Fixed income investments include bonds, treasury bills, and certificates of deposit.

• Forex, or foreign exchange, is the market where currencies are traded.

• Types of derivatives include options, futures, and swaps.
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Q1. Tell me about your self
Ans. 
I am a detail-oriented individual with strong analytical skills and a passion for process improvement.
• I have a Bachelor's degree in Business Administration

• I have experience working in data analysis and process improvement roles

• I am proficient in Microsoft Excel and other data analysis tools
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Q2. Tell me about strengths
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My strengths include attention to detail, strong analytical skills, and ability to work well under pressure.
• Attention to detail: I am meticulous in my work and always double check for accuracy.

• Strong analytical skills: I am able to analyze data and identify patterns to make informed decisions.

• Ability to work well under pressure: I thrive in fast-paced environments and can prioritize tasks effectively.
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Q1. Previous company details and works profile
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Q2. Credit and operation related work experience
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