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Financial Software & Systems Interview Questions and Answers

Updated 2 Jul 2025
Popular Designations

29 Interview questions

An Agile Project Manager was asked 2mo ago
Q. What is the difference between lead time and cycle time?
Ans. 

Lead time measures total time from order to delivery, while cycle time measures time taken to complete a specific task.

  • Lead time includes all phases: waiting, processing, and delivery. Example: Ordering a product online until it arrives.

  • Cycle time focuses on the active work period. Example: Time taken to assemble a product once work begins.

  • Lead time can be longer due to delays in waiting for resources, while cycle...

View all Agile Project Manager interview questions
An Operations Associate was asked 11mo ago
Q. What is the difference between SQL and PL/SQL?
Ans. 

SQL is a standard language for managing relational databases, while PL/SQL is a procedural extension of SQL.

  • SQL stands for Structured Query Language and is used for querying and managing databases.

  • PL/SQL stands for Procedural Language/SQL and is an extension of SQL that adds procedural programming capabilities.

  • SQL is used for querying data, inserting, updating, and deleting records in a database.

  • PL/SQL allows for ...

View all Operations Associate interview questions
An Operations Associate was asked 11mo ago
Q. What are default constraints?
Ans. 

Default constraints are rules set on a database column to automatically assign a default value if no value is specified during an insert operation.

  • Default constraints ensure that a specific value is assigned to a column if no value is provided during an insert operation.

  • They can be used to set default values for columns such as dates, numbers, or strings.

  • For example, a default constraint on a 'created_date' column...

View all Operations Associate interview questions
A Senior Product Manager was asked
Q. Have you worked with network or schemes mandates?
Ans. 

Yes, I have experience working with network/schemes mandates.

  • Managed implementation of network/schemes mandates for product development

  • Collaborated with cross-functional teams to ensure compliance with mandates

  • Analyzed data to track performance and make necessary adjustments

  • Ensured product features aligned with network/schemes requirements

View all Senior Product Manager interview questions
A Senior Product Manager was asked
Q. Have you worked on fraud detection?
Ans. 

Yes, I have experience working on fraud detection in previous roles.

  • Implemented machine learning algorithms to detect fraudulent activities

  • Collaborated with data scientists to improve fraud detection models

  • Utilized data analytics to identify patterns and anomalies in transaction data

View all Senior Product Manager interview questions
A Junior Engineer was asked
Q. Explain what Java is.
Ans. 

Java is a high-level programming language known for its portability, security, and object-oriented features.

  • Java is platform-independent, meaning it can run on any device with a Java Virtual Machine (JVM)

  • It is known for its strong security features, such as automatic memory management and built-in exception handling

  • Java is object-oriented, allowing for the creation of reusable code through classes and objects

  • Popul...

View all Junior Engineer interview questions
A Junior Engineer was asked
Q. What are the JDBC steps for establishing a connection?
Ans. 

JDBC steps for establishing a connection with a database

  • Load the JDBC driver class using Class.forName() method

  • Create a connection object using DriverManager.getConnection() method

  • Create a statement object using connection.createStatement() method

  • Execute SQL queries using statement.executeQuery() or statement.executeUpdate() methods

  • Close the connection using connection.close() method

View all Junior Engineer interview questions
Are these interview questions helpful?
A Junior Engineer was asked
Q. What is hashing in Java?
Ans. 

Hashing in Java is a technique used to convert a key into an index in a hash table, allowing for efficient data retrieval.

  • Hashing is used to quickly retrieve data from a large dataset by converting keys into indexes in a hash table.

  • It involves applying a hash function to the key to generate a unique hash code.

  • Java provides built-in hash functions for common data types like strings and integers.

  • Example: HashMap and...

View all Junior Engineer interview questions
A Senior Test Engineer was asked
Q. Explain the basic CRUD operations in Postman.
Ans. 

Postman allows users to perform CRUD operations for API testing using intuitive interface and features.

  • Create: Use POST method to create a new resource. Example: POST /users to add a new user.

  • Read: Use GET method to retrieve resource data. Example: GET /users to fetch all users.

  • Update: Use PUT or PATCH method to modify existing resources. Example: PUT /users/1 to update user with ID 1.

  • Delete: Use DELETE method to ...

View all Senior Test Engineer interview questions
A Senior Business Analyst was asked
Q. What programming languages are you familiar with?
Ans. 

I am proficient in programming languages such as SQL, Python, and R.

  • SQL

  • Python

  • R

View all Senior Business Analyst interview questions

Financial Software & Systems Interview Experiences

59 interviews found

Interview experience
4
Good
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Technical 

(3 Questions)

  • Q1. Atm TXT flow and migration
  • Q2. New ATM configuration user access
  • Ans. 

    New ATM configuration user access involves setting up permissions for different users to access specific features.

    • Identify the different user roles and their corresponding access levels

    • Set up permissions for each user role based on their responsibilities

    • Test the new configuration to ensure that users can only access the features they are authorized to use

  • Answered by AI
  • Q3. New project implementation
  • Ans. 

    New project implementation involves planning, execution, and monitoring to ensure successful completion.

    • Develop a project plan outlining goals, timeline, resources, and budget.

    • Assign roles and responsibilities to team members.

    • Monitor progress regularly and make adjustments as needed.

    • Communicate with stakeholders to keep them informed of project status.

    • Conduct post-project evaluation to identify successes and areas for ...

  • Answered by AI

Interview Questions & Answers

user image Nimesh Ghadshi

posted on 28 Mar 2025

Interview experience
4
Good
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
Selected Selected

I appeared for an interview in Feb 2025, where I was asked the following questions.

  • Q1. Your self, background ?
  • Q2. About technical knowledge official application ( specializing Ad. excel skills)

Interview Preparation Tips

Interview preparation tips for other job seekers - Dear colleagues, Following graduation and completion of my diploma, I joined FSS as a new employee. I was placed through a third-party payroll (contract) for client projects located in Jogeshwari, Mumbai. These projects presented significant challenges, providing valuable experience in banking operations and product lifecycles. As a new employee, I accepted this contract role, and it has proven highly beneficial to my career development. Therefore, I strongly recommend FSS as an excellent learning platform for new graduates seeking opportunities within the BFSI sector.
Interview experience
4
Good
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
No response

I applied via Approached by Company and was interviewed in Apr 2024. There was 1 interview round.

Round 1 - One-on-one 

(8 Questions)

  • Q1. Tell me about yourself
  • Q2. On past experiences- technology worked and role. Tokenization LCM
  • Q3. Have you worked with network/schemes mandates
  • Ans. 

    Yes, I have experience working with network/schemes mandates.

    • Managed implementation of network/schemes mandates for product development

    • Collaborated with cross-functional teams to ensure compliance with mandates

    • Analyzed data to track performance and make necessary adjustments

    • Ensured product features aligned with network/schemes requirements

  • Answered by AI
  • Q4. About messaging protocol. Iso8583
  • Q5. Logic on pan number creation
  • Ans. 

    PAN number creation logic involves a combination of letters and numbers based on specific algorithm.

    • PAN number consists of 10 characters, with the first five being letters, followed by four numbers, and ending with a letter.

    • The fourth character in the PAN number represents the type of holder (individual, company, etc.)

    • The fifth character in the PAN number represents the first letter of the surname of the PAN holder.

    • The...

  • Answered by AI
  • Q6. Pci dss and guideliness
  • Q7. Have you worked on fraud detection
  • Ans. 

    Yes, I have experience working on fraud detection in previous roles.

    • Implemented machine learning algorithms to detect fraudulent activities

    • Collaborated with data scientists to improve fraud detection models

    • Utilized data analytics to identify patterns and anomalies in transaction data

  • Answered by AI
  • Q8. Card setup and creation process. CmS and modules
Interview experience
5
Excellent
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
Not Selected
Round 1 - HR 

(2 Questions)

  • Q1. Qualifications ,skills communication
  • Q2. Salary

Interview Preparation Tips

Interview preparation tips for other job seekers - It's wonderful opportunity
Interview experience
4
Good
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I appeared for an interview in Jan 2025.

Round 1 - HR 

(1 Question)

  • Q1. Tell me about yourself.
Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-
Round 1 - One-on-one 

(1 Question)

  • Q1. Not a typical difficult question it's an answerable question which is a common self intro
Interview experience
4
Good
Difficulty level
-
Process Duration
-
Result
-

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

Round 1 - Technical 

(2 Questions)

  • Q1. First question is based on sql query
  • Q2. Second they asked oops concepts in java

Interview Preparation Tips

Interview preparation tips for other job seekers - Prepare the basic concepts thoroughly.
Interview experience
4
Good
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Aptitude Test 

Numerical, logical reasoning

Round 2 - Technical 

(4 Questions)

  • Q1. Basic of languages and software
  • Q2. Explain what is java
  • Ans. 

    Java is a high-level programming language known for its portability, security, and object-oriented features.

    • Java is platform-independent, meaning it can run on any device with a Java Virtual Machine (JVM)

    • It is known for its strong security features, such as automatic memory management and built-in exception handling

    • Java is object-oriented, allowing for the creation of reusable code through classes and objects

    • Popular ex...

  • Answered by AI
  • Q3. What are jdbc steps for conn
  • Ans. 

    JDBC steps for establishing a connection with a database

    • Load the JDBC driver class using Class.forName() method

    • Create a connection object using DriverManager.getConnection() method

    • Create a statement object using connection.createStatement() method

    • Execute SQL queries using statement.executeQuery() or statement.executeUpdate() methods

    • Close the connection using connection.close() method

  • Answered by AI
  • Q4. What is ha shing in java
  • Ans. 

    Hashing in Java is a technique used to convert a key into an index in a hash table, allowing for efficient data retrieval.

    • Hashing is used to quickly retrieve data from a large dataset by converting keys into indexes in a hash table.

    • It involves applying a hash function to the key to generate a unique hash code.

    • Java provides built-in hash functions for common data types like strings and integers.

    • Example: HashMap and Hash...

  • Answered by AI
Round 3 - HR 

(1 Question)

  • Q1. Tell me about yourself

Skills evaluated in this interview

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

I applied via Company Website and was interviewed in Apr 2024. There was 1 interview round.

Round 1 - HR 

(2 Questions)

  • Q1. Self introduction
  • Q2. And Skills information

Interview Questions & Answers

user image Anonymous

posted on 2 Jul 2025

Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
2-4 weeks
Result
Selected Selected

I appeared for an interview before Jul 2024, where I was asked the following questions.

  • Q1. Current profile and background
  • Q2. Infosec related questions

Top trending discussions

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Interview Tips & Stories
6d (edited)
a team lead
Why are women still asked such personal questions in interview?
I recently went for an interview… and honestly, m still trying to process what just happened. Instead of being asked about my skills, experience, or how I could add value to the company… the questions took a totally unexpected turn. The interviewer started asking things like When are you getting married? Are you engaged? And m sure, if I had said I was married, the next question would’ve been How long have you been married? What does my personal life have to do with the job m applying for? This is where I felt the gender discrimination hit hard. These types of questions are so casually thrown at women during interviews but are they ever asked to men? No one asks male candidates if they’re planning a wedding or how old their kids are. So why is it okay to ask women? Can we please stop normalising this kind of behaviour in interviews? Our careers shouldn’t be judged by our relationship status. Period.
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Financial Software & Systems Interview FAQs

How many rounds are there in Financial Software & Systems interview?
Financial Software & Systems interview process usually has 2-3 rounds. The most common rounds in the Financial Software & Systems interview process are Technical, HR and Resume Shortlist.
How to prepare for Financial Software & Systems interview?
Go through your CV in detail and study all the technologies mentioned in your CV. Prepare at least two technologies or languages in depth if you are appearing for a technical interview at Financial Software & Systems. The most common topics and skills that interviewers at Financial Software & Systems expect are SQL, Java, Linux, Oracle and Application Support.
What are the top questions asked in Financial Software & Systems interview?

Some of the top questions asked at the Financial Software & Systems interview -

  1. What do you know about transaction response cod...read more
  2. Do you know anything about atm hardware and softw...read more
  3. What are the Banking projects you worked ...read more
How long is the Financial Software & Systems interview process?

The duration of Financial Software & Systems interview process can vary, but typically it takes about less than 2 weeks to complete.

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Overall Interview Experience Rating

4/5

based on 47 interview experiences

Difficulty level

Easy 38%
Moderate 62%

Duration

Less than 2 weeks 77%
2-4 weeks 12%
4-6 weeks 8%
More than 8 weeks 4%
View more

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Financial Software & Systems Reviews and Ratings

based on 823 reviews

3.8/5

Rating in categories

3.6

Skill development

3.7

Work-life balance

3.4

Salary

3.8

Job security

3.6

Company culture

3.1

Promotions

3.6

Work satisfaction

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