Citicorp IT Operations Lead Interview Questions and Answers

Q1. Tell me about your self
Ans. 
Experienced operations professional with a strong background in project management and process improvement.
• Over 5 years of experience in operations management

• Skilled in project planning and execution

• Proficient in process improvement methodologies such as Six Sigma

• Strong analytical and problem-solving skills

• Excellent communication and leadership abilities
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Q2. What do you know about investment banking and international trade?
Ans. 
Investment banking involves raising capital for companies and advising on mergers and acquisitions, while international trade involves the exchange of goods and services between countries.
• Investment banking helps companies raise capital through issuing stocks and bonds.

• Investment bankers also provide advisory services for mergers, acquisitions, and other financial transactions.

• International trade involves the import an...read more
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Q3. Any knowledge about equity, dividends, stocks, etc.
Ans. 
Yes, I have knowledge about equity, dividends, stocks, etc.
• Equity represents ownership in a company and can be in the form of stocks.

• Dividends are payments made by a company to its shareholders from its profits.

• Stocks are units of ownership in a company that can be bought and sold on the stock market.
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Q1. Are you ready for relocation? If yes, I promptly you can join?
Ans. 
Yes, I am ready for relocation and can join promptly if needed.
• I am open to relocating for the right opportunity

• I have no ties that would prevent me from relocating

• I am excited about the possibility of starting a new adventure in a new location
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Q2. Share your experience when you faced difficulty at work? How you handle your stress
Ans. 
I faced difficulty when a project deadline was moved up. I handled stress by prioritizing tasks and communicating with team.
• Identify the root cause of the difficulty

• Break down tasks into smaller manageable chunks

• Communicate with team members and supervisor for support

• Prioritize tasks based on urgency and importance

• Take short breaks to recharge and refocus
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Q1. What is time weighted return
Ans. 
Time weighted return is a measure of the compound rate of growth in a portfolio over a specific period of time.
• Time weighted return accounts for the impact of external cash flows on the performance of the portfolio.

• It is calculated by taking the geometric mean of the periodic returns.

• Time weighted return is useful for evaluating the performance of investment managers.

• Example: If an investment portfolio has a time weigh...read more
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Q2. What is sharpe ratio
Ans. 
Sharpe ratio is a measure of risk-adjusted return, indicating how much excess return an investment generates per unit of risk.
• Sharpe ratio is calculated by subtracting the risk-free rate of return from the investment's return, and then dividing by the standard deviation of the investment's return.

• A higher Sharpe ratio indicates better risk-adjusted performance.

• For example, if Investment A has an annual return of 10% wi...read more
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Q1. What is invoicing
Ans. 
Invoicing is the process of sending a bill to a customer for goods or services provided.
• Invoicing includes details such as the quantity of items, price per item, total amount due, payment terms, and payment instructions.

• It is an important part of the billing process for businesses to receive payment for their products or services.

• Invoices can be sent electronically or in paper format.

• Invoicing helps businesses keep tra...read more
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Q2. What id3 way matching
Ans. 
3-way matching is a process used in accounting to ensure that the three documents - purchase order, invoice, and receiving report - match.
• Three documents involved: purchase order, invoice, and receiving report

• Ensures accuracy and prevents fraud

• Helps in verifying the quantity, price, and terms of the transaction
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Q3. Types of po number
Ans. 
Types of PO numbers include standard PO numbers, blanket PO numbers, and contract PO numbers.
• Standard PO numbers are used for one-time purchases.

• Blanket PO numbers are used for multiple purchases over a period of time.

• Contract PO numbers are used for purchases based on a specific contract agreement.
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Q4. What do you understand p2p
Ans. 
P2P stands for peer-to-peer, a decentralized communication model where two or more parties interact directly with each other.
• P2P networks allow users to share resources, such as files or bandwidth, without the need for a central server.

• Examples of P2P networks include BitTorrent for file sharing and Bitcoin for cryptocurrency transactions.

• P2P communication can be more secure and efficient than traditional client-server
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Q5. Difference in po and invoice
Ans. 
PO is a purchase order issued by a buyer to a seller, outlining the products or services to be purchased. An invoice is a bill issued by the seller to the buyer, requesting payment for the products or services provided.
• Purchase Order (PO) is issued by the buyer to the seller, specifying the products or services to be purchased.

• Invoice is issued by the seller to the buyer, requesting payment for the products or services...read more
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Q1. Tell me about your roles and responsibilities
Ans. I described my KRA effectively and the person asked me how soon you can join us however it took them 3 days to share my feedback that was not up to the mark while there were no furthe comments justifying me being not up to the mark
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Q1. Experience related
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Q1. Product related
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Q1. Overall knowledge and experience
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Q1. Prepare for Vloopup and Pivot And Other Basic Formulas Of Excel
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Q1. Why Marsh and need to change the job
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Q1. Salary expectations and reason to leave the previous organisation
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Numerical resoaning, Verbal resonaing, logical reasoning

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