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BNY Director Interview Questions and Answers
BNY Director Interview Experiences
1 interview found
Anonymous
Selected
I applied via Referral and was interviewed before Jan 2024. There were 2 interview rounds.
(2 Questions)
- Q1. What are the primary ways in which BNY Mellon generates revenue?
- Ans.
BNY Mellon generates revenue primarily through fees for asset management, custody services, and investment services.
Asset management fees from managing investments for clients
Custody service fees for safekeeping and administration of client assets
Investment service fees for providing investment advice and executing trades
Interest income from lending and other financial services
- Q2. Can you provide a detailed description of product asset servicing?
- Ans.
Product asset servicing involves managing and maintaining assets throughout their lifecycle.
Product asset servicing includes activities such as tracking, maintenance, and disposal of assets.
It ensures that assets are utilized efficiently and effectively to maximize their value.
Examples of product asset servicing include inventory management, equipment maintenance, and asset retirement planning.
(2 Questions)
- Q1. What is your current role, and what challenges have you faced in that position?
- Ans.
I am currently working as a Project Manager in a software development company.
Leading a team of developers and ensuring project deadlines are met
Managing stakeholder expectations and communication
Handling project budget and resource allocation
Adapting to changing project requirements and priorities
- Q2. Can you describe the top three problems you solved that had an economic impact on the organization? If none had an economic impact, what other types of impact did they have?
- Ans.
I implemented a new cost-saving strategy, renegotiated vendor contracts, and optimized inventory management.
Implemented a new cost-saving strategy by streamlining processes and reducing unnecessary expenses
Renegotiated vendor contracts to secure better pricing and terms, resulting in significant cost savings
Optimized inventory management to reduce excess inventory and minimize carrying costs
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(2 Questions)
- Q1. Please explain your previous experience
- Q2. How is this job aligned to your career goals
(2 Questions)
- Q1. Please explain Singapore WHT
- Ans.
Singapore WHT stands for Singapore Withholding Tax, which is a tax deducted at source on certain types of income.
Singapore WHT is applicable on payments such as interest, royalties, and services provided by non-residents.
The tax rate for Singapore WHT varies depending on the type of income and the tax treaty between Singapore and the country of the recipient.
Singapore WHT is usually deducted by the payer of the income ...
- Q2. Please explain CRS
- Ans.
CRS stands for Common Reporting Standard, a global standard for the automatic exchange of financial account information between tax authorities.
CRS was developed by the Organisation for Economic Co-operation and Development (OECD) to combat tax evasion.
It requires financial institutions to collect and report information on foreign tax residents to their local tax authorities.
Over 100 countries have committed to impleme...
Selected
I applied via Referral and was interviewed in Jan 2024. There were 3 interview rounds.
Array & Strings related
(1 Question)
- Q1. Java default interface
(1 Question)
- Q1. Salary negotiation
Interview Preparation Tips
Selected
I applied via Approached by Company and was interviewed before Jan 2024. There was 1 interview round.
(2 Questions)
- Q1. How would you approach designing a credit management strategy for credit cards?
- Q2. How will you manage team conflicts
(2 Questions)
- Q1. Tell us something about yourself
- Q2. Why are you interested in this role?
Interview Preparation Tips
Knowing oneself well- strengths & weakness and that one USP why you are fit for the role
Don't shy away from voicing core principles & beliefs which are based on values and sound rationale
Have an overall story of your journey- professionally, personal and connect the dots well
Be subtle, humorous and elegant in your overall demeanor
Be extremely well dressed and keep a smile always handy!
I applied via LinkedIn and was interviewed in Mar 2024. There was 1 interview round.
(2 Questions)
- Q1. DO YOU HAVE CODING BACKGROUND?
- Ans.
Yes, I have a strong coding background with experience in multiple programming languages.
Proficient in languages such as Java, Python, and C++
Experience with web development technologies like HTML, CSS, and JavaScript
Familiarity with database management systems such as SQL
Developed various software applications and projects
- Q2. WHY PURSUE THIS ROLE ?
- Ans.
I am passionate about leading teams and driving strategic initiatives to achieve organizational goals.
I have a proven track record of successfully managing teams and projects in previous roles.
I thrive in high-pressure environments and enjoy the challenge of problem-solving and decision-making.
I am excited about the opportunity to make a significant impact on the organization's success as a Director.
Skills evaluated in this interview
I applied via Referral and was interviewed before Aug 2023. There were 2 interview rounds.
(2 Questions)
- Q1. How do you handle major outages in your Apps
- Ans.
I handle major outages in my Apps by following a structured incident response process.
Immediately assess the impact and severity of the outage
Communicate with stakeholders and provide regular updates
Engage the necessary technical teams to troubleshoot and resolve the issue
Conduct a post-mortem analysis to identify root causes and prevent future outages
- Q2. Scenarios based questions
(2 Questions)
- Q1. Scenarios based questions
- Q2. More people management questions
Interview Preparation Tips
Skills evaluated in this interview
Selected
I applied via Recruitment Consulltant and was interviewed before Oct 2023. There were 2 interview rounds.
(2 Questions)
- Q1. Introduce yourself
- Q2. Family background
(2 Questions)
- Q1. Introduce yourself
- Ans.
Experienced director with a background in strategic planning and team leadership.
Over 10 years of experience in directing teams towards achieving organizational goals
Skilled in developing and implementing strategic plans
Proven track record of successful project management
Strong leadership and communication skills
Previous experience in leading cross-functional teams
- Q2. Difficult stakeholders
I applied via Referral and was interviewed before Mar 2020. There was 1 interview round.
Interview Questionnaire
2 Questions
- Q1. Tell about yourself
- Q2. What do you like doing and how will you manage the change
- Ans.
I enjoy problem-solving and leading teams. I will manage change by fostering open communication and providing support.
I enjoy problem-solving and finding innovative solutions.
I thrive in a leadership role and enjoy leading teams towards success.
I believe in fostering open communication and collaboration to manage change effectively.
I provide support and guidance to my team members during times of change.
I adapt quickly...
Interview Preparation Tips
(1 Question)
- Q1. What is your expectations from the this job?
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BNY Interviews By Designations
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BNY Director Interview Process
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BNY Director Reviews and Ratings
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Rating in categories
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