BNY Interview Questions, Process, and Tips

Q1. Tell me about your self
Ans. 
I am a passionate software engineer with experience in developing web applications using various technologies.
• Experienced in full stack web development

• Proficient in languages such as JavaScript, Python, and Java

• Familiar with frameworks like React, Node.js, and Django

• Strong problem-solving and analytical skills

• Excellent communication and teamwork abilities
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Easy test.Normal accounting and finance questions

Quants, Verbal, Logical Reasoning

Q1. Golden rules of accounting
Ans. 
Golden rules of accounting are basic principles that guide the process of recording financial transactions.
• The three golden rules of accounting are: 1. Debit the receiver, credit the giver 2. Debit what comes in, credit what goes out 3. Debit expenses and losses, credit income and gains

• These rules help ensure that financial transactions are accurately recorded and classified in the accounting system.

• For example, when a...read more
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Q2. Derivative, Capital Structures.
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Q1. Basic about the resume
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Q2. What is reconciliations?
Ans. 
Reconciliations involve comparing financial records to ensure they are accurate and in agreement.
• Reconciliations involve comparing two sets of records to ensure they match

• Common types of reconciliations include bank reconciliations and account reconciliations

• Reconciliations help identify discrepancies and errors in financial records

• Examples include reconciling bank statements with internal records and reconciling accou
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Q3. What is loans? And it types?
Ans. 
Loans are financial agreements where a lender provides money to a borrower, who agrees to repay the loan with interest over a set period of time.
• Loans involve a lender providing money to a borrower, who agrees to repay the loan with interest.

• Types of loans include personal loans, mortgage loans, auto loans, student loans, and business loans.

• Interest rates, repayment terms, and eligibility criteria vary depending on the...read more
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Q4. What is nasdaq will do if security deposite is not working
Ans. 
If security deposit is not working, Nasdaq will take appropriate actions to rectify the issue and ensure the security of the transactions.
• Nasdaq will investigate the issue to determine the root cause of the problem.

• They will communicate with the parties involved to address the issue and find a solution.

• Nasdaq may implement alternative security measures to ensure the safety of transactions.

• If necessary, Nasdaq will esca...read more
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Q1. What is Defect Life Cycle?
Ans. 
Defect Life Cycle is the process of identifying, reporting, fixing, retesting, and closing software defects.
• Defect identification: Finding and documenting the issue in the software.

• Defect reporting: Informing the development team about the identified defect.

• Defect fixing: Developers resolve the reported defect.

• Defect retesting: QA team verifies if the defect is fixed correctly.

• Defect closing: Once the defect is confirm
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Q2. What are different type of waits in Selenium?
Ans. 
Different types of waits in Selenium include Implicit Wait, Explicit Wait, Fluent Wait, and Page Load Timeout.
• Implicit Wait: Waits for a certain amount of time before throwing a No Such Element Exception.

• Explicit Wait: Waits for a certain condition to occur before proceeding further in the code.

• Fluent Wait: Waits for a condition to be true with a specified polling frequency.

• Page Load Timeout: Waits for the entire page
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Q3. Tell logic to select first characters of each word in a given string sentence.
Ans. 
Use a loop to iterate through each word in the string and extract the first character of each word.
• Split the string into an array of words using a space as the delimiter

• Iterate through each word in the array and extract the first character of each word

• Store the first characters in a new array
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Q4. Write a program to reverse a number.
Ans. 
Program to reverse a number
• Convert the number to a string to easily manipulate each digit

• Iterate through the string in reverse order and append each digit to a new string

• Convert the reversed string back to an integer
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Q1. What is strucured Finance
Ans. 
Structured finance is a complex financial instrument that involves pooling and repackaging of cash flow-generating assets into securities.
• Involves pooling and repackaging of cash flow-generating assets

• Securities are created from these assets

• Used to create customized financing solutions for specific needs

• Common examples include collateralized debt obligations (CDOs) and mortgage-backed securities (MBS)
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Q2. Where do you see youself in give years
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