Citco Interview Questions, Process, and Tips

Q1. What do you mean by NAV
Ans. 
NAV stands for Net Asset Value, which is the value of a fund's assets minus its liabilities.
• NAV is used to determine the price of a mutual fund or ETF.

• It is calculated by dividing the total value of the fund's assets by the number of outstanding shares.

• NAV is important for investors to track the performance of their investments.

• For example, if a mutual fund has assets worth $100 million and 10 million shares outstandin
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Q2. What difficulties you faced while leading team
Ans. 
Difficulties faced while leading a team include communication challenges, conflicting personalities, and balancing workload.
• Communication breakdowns leading to misunderstandings

• Managing conflicting personalities and resolving conflicts

• Balancing workload and ensuring tasks are completed on time

• Delegating tasks effectively and ensuring team members are motivated

• Handling underperforming team members and providing construc
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Q1. Simple introduction
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Q2. Journal entries
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Q1. Salary discussion
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Q2. About Hedge funds
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Q1. Tell me about yourself
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Q2. Why do you seek this job
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Q1. Journal entries
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Q2. Management fee and performance fee
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Q1. Salary discussion
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Q2. Date of joining
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Q1. Number of years I have experience in
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Q2. Expected salary
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Interviewed by a panel of 4.
- Technical questions - what I know about private equity, Waterfall methodology, capital call notices, journal entries on unrealized gain on sale/sale of investment and recording of realized gain.
- what my usual day consists of and what a NAV pack consisted of
- how I contributed in process improvements, whether I work better in small number of groups or large number of groups, which platforms I've used, hard situation I overcame, if I have experience with open ended funds or close ended fund, if I've experience with regards to partnership agreements.

Q1. Journal entries on master feeder structure
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Q2. Hwm questions
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Q1. Unparliamentary questions about personal
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Q2. Irrelevant questions about previous companies colleagues name
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