Citco Senior Associate Interview Questions, Process, and Tips

Reconciliation is the act of restoring harmony or agreement between parties who were previously in conflict or disagreement.

• Reconciliation involves acknowledging past wrongs or misunderstandings

• It requires open communication and a willingness to forgive

• Reconciliation often involves compromise and finding common ground

• Examples include reconciling with a friend after an argument or reconciling financial records to ensure

Options are used to provide choices or alternatives in decision-making processes.

• Options help in making informed decisions by considering different possibilities

• They allow for flexibility and adaptability in changing circumstances

• Options can be used in negotiations to reach a mutually beneficial agreement

Types of distribution refer to the different ways in which products or services are delivered to customers.

• Direct distribution: selling directly to customers without intermediaries (e.g. online sales)

• Indirect distribution: using intermediaries like wholesalers or retailers to reach customers (e.g. selling through stores)

• Selective distribution: limiting the number of outlets used to sell a product (e.g. luxury brands)

• In...read more

AUM stands for Assets Under Management, which refers to the total market value of assets managed by a financial institution or individual.

• AUM is a key metric used in the finance industry to measure the size and success of a fund or investment portfolio.

• It includes all assets such as stocks, bonds, real estate, and cash that are being managed.

• For example, if a hedge fund has $100 million in assets under management, it m...read more