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FIS Financial Associate Interview Questions and Answers for Experienced

Updated 9 Apr 2022

FIS Financial Associate Interview Experiences for Experienced

1 interview found

I applied via Referral and was interviewed in Oct 2021. There was 1 interview round.

Round 1 - Technical 

(3 Questions)

  • Q1. You should know accounting standards related to fixed asset
  • Q2. You should be aware on advanced excel skills
  • Q3. Must be aware on basic accounting

Interview Preparation Tips

Interview preparation tips for other job seekers - It was a very nice experience .

Interview questions from similar companies

Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Naukri.com and was interviewed in Mar 2024. There were 2 interview rounds.

Round 1 - One-on-one 

(2 Questions)

  • Q1. What strategies do you implement while calling
  • Ans. 

    I implement a personalized approach, focus on building rapport, use effective communication skills, and follow up consistently.

    • Personalize each call based on client's needs and preferences

    • Build rapport by asking open-ended questions and actively listening

    • Use effective communication skills such as clear articulation and empathy

    • Follow up consistently to maintain client engagement and address any concerns

  • Answered by AI
  • Q2. Tell me about your past experience
  • Ans. 

    I have over 10 years of experience in financial advising, specializing in retirement planning and investment management.

    • Worked as a financial advisor at XYZ firm for 5 years

    • Managed a portfolio of over 100 clients with assets totaling $50 million

    • Provided personalized retirement planning strategies for high-net-worth individuals

    • Successfully helped clients achieve their financial goals through strategic investment managem

  • Answered by AI
Round 2 - HR 

(2 Questions)

  • Q1. What is your Notice period
  • Ans. 

    My notice period is currently one month.

    • My notice period is one month.

    • I am required to give one month's notice before leaving my current position.

    • I have a notice period of one month as per my employment contract.

  • Answered by AI
  • Q2. What is your Salary expectation
  • Ans. 

    My salary expectation is based on my experience, qualifications, and the market rate for the position.

    • Consider my years of experience in the financial industry

    • Take into account my certifications and qualifications

    • Research the average salary range for Financial Advisors in this region

    • Open to negotiation based on benefits package offered

  • Answered by AI
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
2-4 weeks
Result
Selected Selected

I applied via Naukri.com and was interviewed in Feb 2024. There was 1 interview round.

Round 1 - Technical 

(1 Question)

  • Q1. Corporate actions, financial instruments,financial market,Sensex,Nifty, Accounting, research,Financial statement analysis,Ratio analysis

Interview Preparation Tips

Interview preparation tips for other job seekers - Social media
Interview experience
4
Good
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Technical 

(1 Question)

  • Q1. Tell me about yourself
Round 2 - One-on-one 

(1 Question)

  • Q1. What is principal and interest
  • Ans. 

    Principal is the initial amount of money borrowed or invested, while interest is the cost of borrowing money.

    • Principal is the original sum of money borrowed or invested

    • Interest is the additional amount paid for borrowing money

    • Interest can be calculated as a percentage of the principal amount

    • For example, if you borrow $1,000 at an interest rate of 5%, the principal is $1,000 and the interest is $50

  • Answered by AI

I applied via Recruitment Consultant and was interviewed before May 2020. There were 4 interview rounds.

Interview Questionnaire 

6 Questions

  • Q1. What is trade life cycle?
  • Ans. 

    Trade life cycle refers to the stages involved in a trade from initiation to settlement.

    • The trade life cycle includes trade initiation, trade execution, trade confirmation, trade settlement, and trade accounting.

    • Trade initiation involves the decision to buy or sell securities and the selection of a broker.

    • Trade execution involves the actual buying or selling of securities.

    • Trade confirmation involves verifying the detai...

  • Answered by AI
  • Q2. What are the various line items in a balance sheet and P&L a/c?
  • Ans. 

    A balance sheet includes assets, liabilities, and equity. A P&L a/c includes revenue, expenses, and net income/loss.

    • Balance sheet line items: assets (cash, accounts receivable, inventory, property), liabilities (accounts payable, loans), equity (retained earnings, common stock)

    • P&L a/c line items: revenue (sales, interest income), expenses (cost of goods sold, salaries, rent), net income/loss

    • Balance sheet and P&L a/c ar...

  • Answered by AI
  • Q3. What are corporate actions and different type of corporate actions?
  • Ans. 

    Corporate actions are events initiated by a company that can affect its stock price and shareholders.

    • Types of corporate actions include stock splits, dividends, mergers and acquisitions, spin-offs, and rights issues.

    • Stock splits involve dividing existing shares into multiple shares to increase liquidity and affordability.

    • Dividends are payments made to shareholders from a company's profits.

    • Mergers and acquisitions invol...

  • Answered by AI
  • Q4. Basic questions about excel formulas and functions
  • Q5. Explain about various financial instruments like equity, derivatives, bonds, preference shares etc,..?
  • Ans. 

    Financial instruments are assets that can be traded and have a monetary value.

    • Equity represents ownership in a company and can be bought and sold as stocks.

    • Derivatives are contracts that derive their value from an underlying asset, such as options and futures.

    • Bonds are debt securities that represent a loan made by an investor to a borrower, such as a government or corporation.

    • Preference shares are a type of stock that ...

  • Answered by AI
  • Q6. Knowledge about mutual funds is advantage.

Interview Preparation Tips

Interview preparation tips for other job seekers - communication skills, confidence, ethics and conduct by the applicant are tested by interviewers. basic excel skills are must.

I was interviewed before Jun 2016.

Interview Preparation Tips

Round: Test
Experience: The test was purely based on Data Interpretation. Every page had 3 charts and 5 objective questions based on those charts. There was severe time constraint in the paper and my selectivity among the questions proved beneficial in clearing the cut-off.
Duration: 1 hour
Total Questions: 30

Round: Case Study Interview
Experience: "Tell me about yourself" was the first question asked to me. I just told him a few things about myself mainly focusing on the financial projects I did. Then he gave me a trivial case study as follows,
"There are two economical classes, Prime and Sub-Prime, and I had to give a Motorcycle loan to one of them. Whom should I give?"
I was supposed to ask him any information that I would require to solve this case study. Whenever I used to get stuck he gave me hints to work upon. And finally, based on the value he gave me I could compare the profit from both the classes. The main thing about the case study was the way of solving it and how interactive was I with the interviewer.

Round: Case Study Interview
Experience: "Capital One reached its customers for new offers through postal mail. They had 2 kinds of postal services, A class and C class. In A Class, if the customer had changed his address then the postal service would update the address on the letter and it would reach the customer at the new address. In C Class, if the address is changed then the customer would not get the mail. I was supposed to tell which one of the postal service was better in two conditions, 1st when no. of mail to be made is fixed and 2nd when amount to be spend in mailing is fixed."
I found this case simpler than the earlier one. I managed to complete the case in just 20 minutes. The interviewer was very impressed with the speed with which I was able to solve the case. It was enough to make me realize that I had made it.
Tips: The main thing that you need to remember in Case Study of this sort is that you need to speak your mind. It helps the interviewer understand the way you are thinking. So if you have made some calculation mistake he wouldn

FIS Interview FAQs

How many rounds are there in FIS Financial Associate interview for experienced candidates?
FIS interview process for experienced candidates usually has 1 rounds. The most common rounds in the FIS interview process for experienced candidates are Technical.
What are the top questions asked in FIS Financial Associate interview for experienced candidates?

Some of the top questions asked at the FIS Financial Associate interview for experienced candidates -

  1. You should know accounting standards related to fixed as...read more
  2. You should be aware on advanced excel ski...read more
  3. Must be aware on basic account...read more

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FIS Financial Associate Salary
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