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Finastra Senior Business Consultant Interview Questions, Process, and Tips

Updated 10 Jul 2023

Finastra Senior Business Consultant Interview Experiences

1 interview found

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

I applied via Approached by Company and was interviewed in Jan 2023. There were 2 interview rounds.

Round 1 - Technical 

(5 Questions)

  • Q1. Functional questions on the modules worked in CBS such as Accounts, Loans, Deposits, Limits, Collateral.
  • Q2. How does a bank treat the Accounting Entries after the activities such as Principal Repayment, Interest Dues, Write-off, Past Dues and so on?
  • Ans. 

    Banks treat accounting entries for activities like principal repayment, interest dues, write-off, past dues by recording them in their financial statements.

    • Principal repayment is recorded as a decrease in the loan receivable account and a decrease in the cash account.

    • Interest dues are recorded as an increase in the interest income account and an increase in the interest receivable account.

    • Write-offs are recorded as a d...

  • Answered by AI
  • Q3. What is a revolving credit and non-revolving credit?
  • Ans. 

    Revolving credit allows you to borrow up to a certain limit and repay it in full or in part, while non-revolving credit is a one-time loan with a fixed repayment schedule.

    • Revolving credit has a credit limit that can be used repeatedly, like a credit card.

    • Non-revolving credit is a one-time loan with a fixed repayment schedule, like a car loan.

    • Revolving credit allows flexibility in borrowing and repaying, while non-revol

  • Answered by AI
  • Q4. Questions on configuartion and parameterisation
  • Q5. What are the steps involved in the initial stages of CBS implementation?
  • Ans. 

    The initial stages of CBS implementation involve planning, analysis, design, development, testing, and deployment.

    • Planning phase involves defining project scope, objectives, and requirements.

    • Analysis phase includes assessing current systems and processes to identify areas for improvement.

    • Design phase focuses on creating a blueprint for the new CBS system.

    • Development phase involves building the system based on the desig...

  • Answered by AI
Round 2 - Technical 

(1 Question)

  • Q1. Detailed E2E implementation of CBS for Loans module
  • Ans. 

    End-to-end implementation of CBS for Loans module

    • Analyze current loan processes and requirements

    • Design CBS system configuration for loan products

    • Develop and test loan module functionalities

    • Integrate CBS with existing systems for loan processing

    • Train users on new CBS loan module

    • Monitor and optimize CBS loan module performance

  • Answered by AI

Skills evaluated in this interview

Interview questions from similar companies

I applied via Company Website and was interviewed in Aug 2019. There were 4 interview rounds.

Interview Questionnaire 

2 Questions

  • Q1. Functionality of components like vrops, loginsight, vRA.
  • Ans. 

    vROps, Log Insight, and vRA are components of VMware's vRealize Suite that provide functionality for monitoring, logging, and automation.

    • vROps (vRealize Operations) provides performance monitoring and capacity management for virtual and cloud environments.

    • Log Insight is a log management and analysis tool that helps identify and troubleshoot issues in the environment.

    • vRA (vRealize Automation) is an automation platform t...

  • Answered by AI
  • Q2. Use case based questions on esxi, vrops vCenter

Interview Preparation Tips

Interview preparation tips for other job seekers - This was my 4th interview scheduled in VMware. Initially for first 3 attempt process was kept on hold or opening kept on hold but this time, HR called directly. And then process went pretty smooth and received offer letter within 2 weeks

Skills evaluated in this interview

I applied via Monster and was interviewed in Nov 2020. There were 4 interview rounds.

Interview Questionnaire 

2 Questions

  • Q1. Where do I work?
  • Q2. What is my salary?

Interview Preparation Tips

Interview preparation tips for other job seekers - It was a nice experience. I was happy with the interview. I want to test this review form.
Interview experience
4
Good
Difficulty level
Moderate
Process Duration
More than 8 weeks
Result
Selected Selected

I applied via LinkedIn and was interviewed in Dec 2024. There were 2 interview rounds.

Round 1 - Technical 

(2 Questions)

  • Q1. Machine learning questions
  • Q2. Decision trees, random forest
Round 2 - One-on-one 

(1 Question)

  • Q1. ML Ops related questions
Interview experience
2
Poor
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Aptitude Test 

Clear and general to the point questions

Round 2 - One-on-one 

(2 Questions)

  • Q1. Basic why you are leaving your previous job
  • Q2. What are you looking for
Round 3 - HR 

(2 Questions)

  • Q1. Salary expectation
  • Q2. Basic about your background details earlier experience
Interview experience
4
Good
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Keep your resume crisp and to the point. A recruiter looks at your resume for an average of 6 seconds, make sure to leave the best impression.
View all tips
Round 2 - Case Study 

Case study to prepare for test the features of the tools and experience with customers

Round 3 - HR 

(3 Questions)

  • Q1. Discussion with leadership and hr personnel
  • Q2. Work Expectations
  • Q3. Relocation questions

Interview Preparation Tips

Interview preparation tips for other job seekers - Technical team discussion to check the technical understanding

I applied via Recruitment Consultant and was interviewed in Oct 2020. There were 4 interview rounds.

Interview Questionnaire 

3 Questions

  • Q1. Understanding of US Healthcare.
  • Q2. Why should we hire you?
  • Q3. Case study to check your problem solving skills

Interview Preparation Tips

Interview preparation tips for other job seekers - Interviewers are very polite and they make you feel comfortable. The questions are more around your personality and problem solving skills.

I applied via Naukri.com and was interviewed before Nov 2021. There were 4 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Keep your resume crisp and to the point. A recruiter looks at your resume for an average of 6 seconds, make sure to leave the best impression.
View all tips
Round 2 - Technical 

(1 Question)

  • Q1. Questions on a. Business Analysis b. Situational questions
Round 3 - Technical 

(1 Question)

  • Q1. Domain related questions Contextual questions
Round 4 - HR 

(1 Question)

  • Q1. About yourself Experience related questions

Interview Preparation Tips

Interview preparation tips for other job seekers - Go well prepared on the domain side - questions with relative degree of complexity
Interview experience
3
Average
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Referral and was interviewed before Oct 2023. There were 2 interview rounds.

Round 1 - One-on-one 

(2 Questions)

  • Q1. Process related
  • Q2. Experience on the tools
  • Ans. 

    Proficient in tools such as Microsoft Excel, SQL, Tableau, and Jira

    • Extensive experience using Microsoft Excel for data analysis and reporting

    • Skilled in writing SQL queries to extract and manipulate data from databases

    • Familiar with creating visualizations and dashboards in Tableau

    • Utilized Jira for project management and tracking tasks

  • Answered by AI
Round 2 - One-on-one 

(2 Questions)

  • Q1. Process and relavent
  • Q2. Notice period & joining date
Interview experience
4
Good
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
No response

I applied via Naukri.com and was interviewed in Jul 2022. There were 3 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Don’t add your photo or details such as gender, age, and address in your resume. These details do not add any value.
View all tips
Round 2 - Case Study 

Case study was work related and the analysis was related to job role

Round 3 - One-on-one 

(2 Questions)

  • Q1. Basic questions on the personal side
  • Q2. Explain about the work experience

Interview Preparation Tips

Interview preparation tips for other job seekers - Focus on the content of case study. Questions will be based on experience and case study

Finastra Interview FAQs

How many rounds are there in Finastra Senior Business Consultant interview?
Finastra interview process usually has 3 rounds. The most common rounds in the Finastra interview process are Technical and Resume Shortlist.
How to prepare for Finastra Senior Business Consultant 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 Finastra. The most common topics and skills that interviewers at Finastra expect are Recruitment, Business Consulting, Data Analysis, Project Management and Software Implementation.
What are the top questions asked in Finastra Senior Business Consultant interview?

Some of the top questions asked at the Finastra Senior Business Consultant interview -

  1. How does a bank treat the Accounting Entries after the activities such as Princ...read more
  2. What are the steps involved in the initial stages of CBS implementati...read more
  3. What is a revolving credit and non-revolving cred...read more

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Finastra Senior Business Consultant Interview Process

based on 1 interview

Interview experience

5
  
Excellent
View more

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Finastra Senior Business Consultant Salary
based on 53 salaries
₹12.9 L/yr - ₹28 L/yr
12% more than the average Senior Business Consultant Salary in India
View more details

Finastra Senior Business Consultant Reviews and Ratings

based on 5 reviews

4.7/5

Rating in categories

3.9

Skill development

4.1

Work-life balance

3.2

Salary

3.3

Job security

4.6

Company culture

3.4

Promotions

4.6

Work satisfaction

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