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Corporate action refers to any event initiated by a publicly-traded company that affects its stakeholders and requires their approval.
Corporate actions can be voluntary or mandatory
Examples of corporate actions include stock splits, mergers and acquisitions, dividend payments, and spin-offs
Corporate actions can have a significant impact on the value of a company's stock and its shareholders
Shareholders are typically no...
Cash reconciliation is the process of comparing and adjusting the cash balance in an organization's accounting records with the actual cash balance.
It involves verifying the accuracy of cash transactions recorded in the accounting system
It helps identify discrepancies between the recorded cash balance and the actual cash balance
Adjustments are made to the accounting records to reflect the correct cash balance
It is an i...
Derivatives are financial contracts that derive their value from an underlying asset or security.
Types of derivatives include futures, options, swaps, and forwards.
Futures are contracts to buy or sell an asset at a predetermined price and date.
Options give the holder the right, but not the obligation, to buy or sell an asset at a predetermined price and date.
Swaps involve exchanging cash flows based on different financ...
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I applied via Referral and was interviewed in Sep 2024. There were 2 interview rounds.
Online Assessment - Maths, Verbal, Logical reasoning
Quant heavy case study from credit field
I have experience working in various companies across different industries.
Worked in a tech startup where I gained experience in fast-paced environment
Transitioned to a large corporation where I learned about corporate structure and processes
Spent time in a non-profit organization where I developed skills in community engagement
1 hour of test match reasoning and situation based
I applied via Referral and was interviewed before Apr 2023. There were 4 interview rounds.
It was a python knowledge check, so there were around 10-15 MCQs based on Python Programming language and it was of medium difficulty. The questions were around I/O of the given code snippet.
General knowledge about your domain
I applied via Naukri.com and was interviewed before Oct 2021. There were 3 interview rounds.
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