FactSet Process Specialist Interview Questions and Answers

Q1. What is transaction monitoring
Ans. 
Transaction monitoring is the process of reviewing and analyzing transactions to detect suspicious activity or compliance violations.
• Monitoring financial transactions for signs of money laundering or fraud

• Identifying unusual patterns or behaviors in transactions

• Ensuring compliance with regulations and policies

• Using software tools to automate the monitoring process

• Taking action on flagged transactions, such as investiga
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Q2. What is SAR and explain about outgoing wires
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SAR stands for Suspicious Activity Report. Outgoing wires refer to electronic transfers of funds from one account to another.
• SAR is a report filed by financial institutions to report suspicious activities that may indicate money laundering or other illegal activities.

• Outgoing wires are electronic transfers of funds initiated by a customer to send money to another account.

• Financial institutions monitor outgoing wires to...read more
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Q1. Where do you to see yourself in the next five years
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Q1. What is you best memorable moment?
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Q1. Accounting questions
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Q2. General questions
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Q1. Personal experience and information
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Q2. How well we can be flexible to work
Ans. 
Flexibility is crucial in adapting to changing work environments and tasks.
• Being open to taking on new tasks or projects

• Adapting to changes in work schedules or priorities

• Willingness to work in different departments or teams

• Ability to multitask and prioritize effectively

• Demonstrating a positive attitude towards change and challenges
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Logical reasoning, quantitative aptitude, capital and money market, behavioural questions, investment banking, corporate Banking, mutual funds

Q1. What is derivative and types? What is mutual funds, what is NAV with formula, ratios, pg detailed projects ( what methods used,formula used,), about internships( what suggestions given, what did you learn)
Ans. 
Derivatives are financial contracts that derive their value from an underlying asset. Mutual funds are investment vehicles that pool money from multiple investors to invest in securities.
• Types of derivatives include futures, options, swaps, and forwards.

• NAV (Net Asset Value) is the value of a mutual fund's assets minus its liabilities, divided by the number of outstanding shares.

• Ratios used in mutual fund analysis incl...read more
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Q1. Why do you want to work in BNP Paribas? What do you know about investment banking, few situational questions,few work life questions, about futures, forwards? Why do we want to hire you?
Ans. 
I want to work in BNP Paribas because of its reputation in the investment banking industry and the opportunities it offers for career growth.
• I am attracted to BNP Paribas because of its strong reputation in the investment banking industry.

• I am impressed by the company's global presence and its commitment to providing innovative financial solutions.

• I believe working at BNP Paribas will provide me with valuable experienc...read more
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Q1. Tell me about yourself.
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Aptitude test consists of Different types of situation based questions alongwith quant aptitude.

Q1. Starts with Introduction. Why we hire you. Is you are comfortable in Night Shifts. Asking about Hobbies.
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Q1. LOOK TOWARDS GOOD ATTITUDE AND POSITIVE VIBES WITH SELF INTRODUCTION AND QUESTIONS REGARDING WHY YOU ARE INTERESTED AND HOBBIES, STRENGTH,etc
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GROUP DISCUSSION GIVEN TOPICS AND HAVE TO SPEAK

Q1. Regarding the process knowledge and multiple questions,hard to get through but not impossible
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