Finastra Risk Manager Interview Questions and Answers

It's like very easy properly prepare for aptitude round

Q1. Tell about yourself
Ans. 
I am a dedicated professional with a background in finance and a passion for problem-solving and teamwork.
• Education: Graduated with a degree in Finance from XYZ University, where I was involved in the finance club.

• Experience: Worked as an intern at ABC Corp, where I assisted in financial analysis and reporting.

• Skills: Proficient in Excel and financial modeling, with a strong ability to analyze data and present findings...read more
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Logical thinking and coding mcq which was moderate in difficulty

Hard with data structure concepts

Q1. Why do you want to join this company?
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Q2. Why are you interested in customer service?
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Q3. Tell me about yourself?
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Q4. Do you know about BPO?
Ans. 
BPO stands for Business Process Outsourcing.
• BPO involves contracting out specific business functions to a third-party service provider.

• Common BPO services include customer support, accounting, and human resources.

• BPO can help companies save costs and improve efficiency.

• Examples of BPO companies include Accenture, IBM, and Infosys.
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Q5. Can you work under pressure?
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Q1. Asked me to introduce my self.
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Q2. Why do you think you are an ideal candidate for the job.
Ans. 
I have a strong background in the industry, relevant experience, and a proven track record of success.
• I have X years of experience in the industry

• I have successfully completed similar projects in the past

• I possess the necessary skills and qualifications for the job
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Good place to interview in the campus

Q1. What is binary search
Ans. 
Binary search is a search algorithm that finds the position of a target value within a sorted array.
• Binary search works by repeatedly dividing the search interval in half.

• It is more efficient than linear search for large arrays.

• Example: Searching for the number 7 in the array [1, 3, 5, 7, 9, 11] using binary search.
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Q1. Advantage and disadvantage of framework.
Ans. 
Frameworks provide structure and pre-built components for software development, but can also limit flexibility and require learning curve.
• Advantage: Provides structure and pre-built components for faster development

• Advantage: Can improve code quality and maintainability

• Disadvantage: Can limit flexibility and customization

• Disadvantage: Requires learning curve and potential dependency issues

• Example: ReactJS provides a fr...read more
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Q1. What is Oops? Advantage and disadvantage
Ans. 
Oops stands for Object-Oriented Programming. It is a programming paradigm that uses objects to represent real-world entities.
• Advantages: code reusability, modularity, encapsulation, inheritance, polymorphism

• Disadvantages: complexity, steep learning curve, performance overhead

• Example: creating a class 'Car' with properties like 'make', 'model', and 'year', and methods like 'start_engine' and 'stop_engine'
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Round duration - 50 minutes
Round difficulty - Easy

This was a Data Structural round.

Q1. 
Distinct Islands Problem Statement
Given a two-dimensional array/list consisting of integers 0s and 1s, where 1 represents land and 0 represents water, determine the number of distinct islands. A group of...read more
Ans. 
Count the number of distinct islands in a 2D array of 0s and 1s.
• Identify islands by performing depth-first search (DFS) on the grid

• Use a set to store the shape of each island and check for duplicates

• Consider translations to determine distinct islands
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Round duration - 50 minutes
Round difficulty - Easy

This was a Data Structural round.

Q1. 
Word Wrap Problem Statement
You are tasked with arranging 'N' words of varying lengths such that each line contains at most 'M' characters, with each word separated by a space. The challenge is to minimiz...read more
Ans. 
The goal is to minimize the total cost of arranging 'N' words on each line with a maximum character limit 'M'.
• Calculate the cost of each line as the cube of extra space characters needed to reach 'M'.

• Minimize the total cost by arranging words to fit within the character limit on each line.

• Ensure each word appears fully on one line without breaking across lines.
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Round duration - 60 minutes
Round difficulty - Easy

This was a System Design round.

Q1. Can you design a system similar to Red Bus that can handle bookings and onboard both vendors and customers to the platform?
Ans. 
Design a system similar to Red Bus for handling bookings and onboarding vendors and customers.
• Implement a user-friendly interface for customers to search and book tickets

• Create a vendor portal for vendors to manage their offerings and availability

• Include payment gateway integration for secure transactions

• Develop a robust backend system for managing bookings, cancellations, and refunds

• Utilize a database to store user in...read more
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Round duration - 50 minutes
Round difficulty - Easy

This was a System Design round

Round duration - 50 minutes
Round difficulty - Easy

This was an HR round.