FactSet Reconciliation Analyst Interview Questions and Answers

Basics of finance and English

Q1. SI PNR name 4 or 5 currencies ,tell about yourself.
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Q2. Corporate actions
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Q1. General questions
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Q2. Talk about yourself
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Basics of finance and English

Q1. SI PNR name 4 or 5 currencies ,tell about yourself.
Add your answer
Q2. Corporate actions
Add your answer

They have easy aptitude test

Q1. They ask everything about reconciliation
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Q1. They ask about salary expectation
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Q1. Explain about yourself
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Q1. About Basic accounting terms and basic idea about reconciliation
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Q1. Explain trade life cycle
Ans. 
Trade life cycle is the process of a trade from initiation to settlement.
• Initiation: Trade is proposed and agreed upon by parties involved.

• Execution: Trade is executed either manually or electronically.

• Confirmation: Parties confirm details of the trade.

• Clearing: Trade details are submitted to clearing house for validation.

• Settlement: Actual exchange of funds and securities takes place.

• Post-trade processing: Reconciliat...read more
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Q2. What is a bilateral trade
Ans. 
Bilateral trade refers to the exchange of goods and services between two countries.
• Bilateral trade agreements are made between two countries to facilitate trade and investment.

• It involves the import and export of goods and services between the two countries.

• Bilateral trade can help strengthen diplomatic relations between countries.

• Examples include the US-Mexico trade agreement and the Australia-Japan trade agreement.
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Q1. Are you comfortable with night shift, Introduce yourself?
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Q1. What do you know about reconciliation. Explain the meaning of Nostro & Vostro Accounts.
Ans. 
Reconciliation involves comparing two sets of records to ensure they are in agreement. Nostro and Vostro accounts are accounts held by banks on behalf of each other.
• Reconciliation is the process of comparing two sets of records to ensure they are in agreement.

• Nostro accounts are accounts held by a bank in a foreign currency at another bank.

• Vostro accounts are accounts held by a foreign bank in the local currency at a d...read more
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