BNY Associate Financial Analyst Interview Questions and Answers

Q1. What makes you a good candidate?
Ans. 
I am a good candidate because of my strong financial background, analytical skills, and ability to work well under pressure.
• Extensive experience in financial analysis and reporting

• Strong analytical skills to interpret data and make informed decisions

• Proven ability to work well under pressure and meet tight deadlines

• Excellent communication and interpersonal skills for building relationships with clients and colleagues
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Q1. What is IFRC and USGaap?
Ans. 
IFRC stands for International Financial Reporting Standards and USGaap stands for United States Generally Accepted Accounting Principles.
• IFRC is a set of accounting standards developed by the International Accounting Standards Board (IASB).

• USGaap is a set of accounting principles used in the United States for financial reporting.

• IFRC focuses on principles-based standards, while USGaap is more rules-based.

• IFRC is used i...read more
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Basic Mathematical Questions

Q1. Tell me about yourself
Ans. 
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
Ans. 
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. Can you explain your current professional profile?
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Q2. Salary exceptions
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Preparing Financial statements

Q1. Questions on reporting standards
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Customer details and proof

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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Q1. Derivatives based mostly otc and swaps
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