Edelweiss Credit Manager Interview Questions and Answers for Experienced

Q1. Question on work done in last organisation
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Q2. Question relating to Cibil report
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Logically,reasoning, maths

Q1. How to underwriting the case
Ans. 
Underwriting a case involves assessing the creditworthiness of a borrower to determine the risk involved in lending to them.
• Gather all necessary financial information from the borrower, such as income, assets, debts, and credit history.

• Analyze the information to determine the borrower's ability to repay the loan and their likelihood of default.

• Consider external factors such as economic conditions and industry trends th...read more
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Q2. How to CIBIL check
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To check CIBIL score, request a report from CIBIL website or through a bank.
• Request a CIBIL report from the official CIBIL website

• Some banks offer free CIBIL score check for their customers

• Review the report for any discrepancies or errors
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Q3. How to decision making fast
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To make fast decisions, prioritize tasks, gather relevant information, set deadlines, trust your instincts, and seek input from others.
• Prioritize tasks based on urgency and importance

• Gather all relevant information quickly

• Set deadlines for decision-making to avoid procrastination

• Trust your instincts and past experiences

• Seek input from colleagues or experts for different perspectives
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Q4. How manage sales team
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Sales team can be managed by setting clear goals, providing training and support, monitoring performance, and fostering a positive team culture.
• Set clear goals and expectations for the sales team to work towards.

• Provide ongoing training and support to help team members improve their skills.

• Monitor performance regularly and provide feedback to help team members reach their targets.

• Foster a positive team culture by encou...read more
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Q1. Documentation of job
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Q2. Negotiations of salary
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Q1. Different financial terms such as RTGS, CIBIL, ECS, NACH, FOIR and etc
Ans. 
These are various financial terms used in banking and credit management.
• RTGS (Real Time Gross Settlement) is a system used for fund transfers between banks in real-time.

• CIBIL (Credit Information Bureau India Limited) is a credit information company that maintains credit records of individuals and companies.

• ECS (Electronic Clearing Service) is a system used for electronic fund transfers between banks.

• NACH (National Auto...read more
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Q2. Are you satisfied with given work location or not
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Q1. Can you provide details about your previous experience?
Ans. 
I have over 5 years of experience in credit management, including analyzing credit reports, setting credit limits, and managing collections.
• Analyzed credit reports to assess creditworthiness of customers

• Set credit limits based on risk assessment

• Managed collections process to ensure timely payments

• Implemented credit policies and procedures to minimize risk
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Q2. What do you know about personal loans?
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Personal loans are unsecured loans provided by financial institutions to individuals for various purposes.
• Personal loans are unsecured, meaning they do not require collateral.

• They can be used for various purposes such as debt consolidation, home improvement, or unexpected expenses.

• Interest rates on personal loans can vary based on the borrower's credit score and financial history.

• Repayment terms for personal loans are ...read more
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Q1. Can you provide an introduction about yourself and your work experience?
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A problem on portfolio optimization was given.

Q1. What is p-value and A/B testing
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P-value is a statistical measure that helps determine the significance of results in hypothesis testing. A/B testing is a method of comparing two versions of a webpage or app to see which one performs better.
• P-value is the probability of obtaining a result as extreme or more extreme than the observed result, assuming the null hypothesis is true.

• A/B testing involves randomly dividing a sample into two groups and exposin...read more
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Q2. ARMA, ARIMA and stationarity in time series.
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ARMA and ARIMA are models used for time series analysis. Stationarity refers to the statistical properties of a time series remaining constant over time.
• ARMA stands for Autoregressive Moving Average model and is used to model stationary time series data.

• ARIMA stands for Autoregressive Integrated Moving Average model and is used to model non-stationary time series data.

• Stationarity is an important concept in time series...read more
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