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CDD (Customer Due Diligence) is basic risk assessment, while EDD (Enhanced Due Diligence) is for higher-risk customers.
CDD is a standard process for verifying customer identity and assessing risk.
EDD involves more detailed investigation for high-risk customers, such as PEPs (Politically Exposed Persons).
For example, CDD may require basic ID verification, while EDD might involve source of funds checks.
CDD is typica...
SPV (Special Purpose Vehicle) is a legal entity created for a specific financial purpose, often used in investment and risk management.
SPVs are commonly used in structured finance to isolate financial risk.
They can be used to hold assets, such as real estate or securities, separate from the parent company.
Example: A company may create an SPV to finance a new project without affecting its balance sheet.
SPVs can fac...
Process knowledge refers to understanding the steps, tools, and techniques involved in a specific workflow or operation.
Involves understanding the sequence of tasks in a process, such as in manufacturing where assembly line steps are crucial.
Includes knowledge of tools and technologies used, like software in a data analysis process.
Encompasses best practices and standards, such as ISO certifications in quality man...
The RCSA framework assesses risks and controls in an organization to enhance operational resilience.
Identify key processes: Understand the core operations that drive the business, such as transaction processing or customer service.
Assess risks: Evaluate potential risks associated with each process, like fraud, system failures, or regulatory compliance issues.
Evaluate controls: Review existing controls in place to ...
Investment banking has various divisions, each specializing in different financial services and client needs.
Mergers and Acquisitions (M&A): This division advises companies on mergers, acquisitions, and divestitures, helping them navigate complex transactions.
Capital Markets: Focuses on raising capital for clients through equity and debt offerings, including IPOs and bond issuances.
Sales and Trading: Involves ...
KYC red flags are indicators of potential risks in customer identification and verification processes.
Inconsistent information: A customer provides different addresses on various documents.
Unusual transaction patterns: A sudden spike in transaction volume that deviates from a customer's normal behavior.
High-risk jurisdictions: A customer is from a country known for money laundering or terrorist financing.
Lack of t...
The improvement project I am referring to is a process optimization initiative aimed at reducing production downtime.
Identifying bottlenecks in the production process
Implementing new scheduling techniques
Training staff on efficient maintenance practices
A lambda expression is a concise way to represent an anonymous function, often used with functional interfaces in Java.
Lambda expressions provide a way to pass functionality as an argument to a method.
Functional interfaces are interfaces with a single abstract method, which can be implemented using lambda expressions.
Example: (x, y) -> x + y is a lambda expression that takes two parameters and returns their sum...
HashMap is not thread-safe, ConcurrentHashMap allows concurrent access, synchronized HashMap uses explicit synchronization.
HashMap is not thread-safe and can lead to ConcurrentModificationException if accessed by multiple threads simultaneously.
ConcurrentHashMap allows concurrent access by multiple threads without the need for external synchronization.
Synchronized HashMap uses explicit synchronization to make it t...
FP&A techniques include budgeting, forecasting, variance analysis, and scenario planning to support strategic decision-making.
Budgeting: Establishing financial plans for departments, e.g., creating an annual budget for marketing expenses.
Forecasting: Predicting future financial performance using historical data, e.g., projecting sales growth based on past trends.
Variance Analysis: Comparing actual results to b...
My priority in my career is continuous learning and growth, followed by making a positive impact in the organization.
Continuous learning through training, certifications, and staying updated with industry trends
Seeking opportunities for growth and advancement within the organization
Contributing positively to the organization's goals and objectives
Balancing personal and professional development to achieve long-term succ...
I applied via Company Website and was interviewed in Nov 2024. There was 1 interview round.
HashMap is not thread-safe, ConcurrentHashMap allows concurrent access, synchronized HashMap uses explicit synchronization.
HashMap is not thread-safe and can lead to ConcurrentModificationException if accessed by multiple threads simultaneously.
ConcurrentHashMap allows concurrent access by multiple threads without the need for external synchronization.
Synchronized HashMap uses explicit synchronization to make it thread...
A lambda expression is a concise way to represent an anonymous function, often used with functional interfaces in Java.
Lambda expressions provide a way to pass functionality as an argument to a method.
Functional interfaces are interfaces with a single abstract method, which can be implemented using lambda expressions.
Example: (x, y) -> x + y is a lambda expression that takes two parameters and returns their sum.
I appeared for an interview in Apr 2025, where I was asked the following questions.
I appeared for an interview in Aug 2024.
MATLAB is a high-level programming language and interactive environment for numerical computation, visualization, and programming.
MATLAB stands for Matrix Laboratory.
It is widely used in engineering, science, and economics for data analysis, simulation, and modeling.
MATLAB allows for easy matrix manipulation and plotting of functions and data.
It supports various toolboxes for specialized tasks like signal processing, i...
GUI can be used to interact with software applications through graphical elements like buttons, menus, and icons.
GUI stands for Graphical User Interface
Users can interact with software applications by clicking on buttons, selecting from menus, and dragging icons
GUIs make it easier for users to navigate and interact with software compared to text-based interfaces
Examples of GUIs include Windows operating system, web bro...
I view criticism as an opportunity for growth and improvement.
I listen carefully to the feedback and try to understand the perspective of the person giving it.
I reflect on the criticism to see if there are valid points that I can learn from.
I use criticism as a motivation to work harder and improve my skills.
I seek constructive criticism to help me grow professionally.
I remain open-minded and avoid taking criticism per...
I applied via Approached by Company and was interviewed in Jul 2024. There was 1 interview round.
I applied via Company Website and was interviewed in Jul 2024. There was 1 interview round.
A palindrome is a word, phrase, or sequence that reads the same backward as forward, like 'madam' or 'racecar'.
A simple palindrome check can be done by reversing the string and comparing it to the original.
Example: 'level' is a palindrome because reversing it gives 'level'.
For phrases, ignore spaces and punctuation: 'A man, a plan, a canal, Panama!' is a palindrome.
In Java, you can use StringBuilder to reverse a string...
I applied via Approached by Company and was interviewed in Feb 2024. There were 5 interview rounds.
A Dockerfile is a text document that contains all the commands a user could call on the command line to assemble an image.
Use the FROM instruction to specify the base image
Use the RUN instruction to execute commands in the container
Use the COPY instruction to copy files from the host to the container
Use the CMD instruction to specify the command to run when the container starts
Write a yaml file for deployment kind
Use 'kind: Deployment' to specify the type of deployment
Include metadata like name and labels
Define spec with containers, image, ports, etc.
Use a shell script to extract alphabets from an alphanumeric word.
Use the tr command to delete all non-alphabetic characters from the word.
Store the result in an array of strings for multiple words.
Example: word='abc123'; result=$(echo $word | tr -d '0-9'); echo $result
Networking in Kubernetes cluster involves communication between pods and services.
Kubernetes uses a flat networking model where each pod gets its own IP address.
Pods can communicate with each other using their IP addresses.
Services act as a stable endpoint for pods, allowing them to communicate with each other.
Kubernetes networking plugins like Calico, Flannel, and Cilium help manage networking within the cluster.
Security in Kubernetes cluster involves implementing RBAC, network policies, pod security policies, and regular security audits.
Implement Role-Based Access Control (RBAC) to control access to resources within the cluster
Use network policies to restrict traffic between pods and namespaces
Enforce Pod Security Policies to define security settings for pods
Regularly conduct security audits and vulnerability assessments to i...
DB offers a challenging work environment, opportunities for growth, and a strong reputation in the industry.
DB offers a challenging work environment that will allow me to further develop my skills and knowledge.
DB provides opportunities for growth and advancement within the company, which is important for my career development.
DB has a strong reputation in the industry for its innovative solutions and commitment to exc...
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Some of the top questions asked at the Deutsche Bank interview for experienced candidates -
The duration of Deutsche Bank interview process can vary, but typically it takes about less than 2 weeks to complete.
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