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Fino Payments Bank Internal Auditor Interview Questions and Answers

Updated 14 Mar 2021

Fino Payments Bank Internal Auditor Interview Experiences

1 interview found

I applied via Naukri.com and was interviewed in Feb 2021. There were 3 interview rounds.

Interview Questionnaire 

1 Question

  • Q1. What are the works you do in Audit
  • Ans. 

    As an Internal Auditor, my work involves conducting audits to assess the effectiveness of internal controls and compliance with regulations.

    • Performing risk assessments to identify areas of potential risk

    • Developing audit plans and procedures

    • Conducting interviews and reviewing documents to gather information

    • Testing internal controls and processes

    • Identifying deficiencies and recommending improvements

    • Preparing audit report...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Have some ideas about Audit, document processes and most importantly confide

Interview questions from similar companies

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

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

Round 1 - One-on-one 

(2 Questions)

  • Q1. MS Office Knowledge
  • Q2. RBI Circular updates
Round 2 - Technical 

(2 Questions)

  • Q1. Retail Banking related circulars and processes
  • Q2. Past experience in Audit
  • Ans. 

    I have 5 years of experience in conducting audits for various companies.

    • Conducted financial audits to ensure compliance with regulations

    • Performed operational audits to identify inefficiencies and recommend improvements

    • Collaborated with cross-functional teams to implement audit recommendations

    • Utilized data analytics tools to enhance audit procedures

  • Answered by AI
Interview experience
3
Average
Difficulty level
Moderate
Process Duration
2-4 weeks
Result
Not Selected

I applied via Campus Placement and was interviewed in Nov 2023. There were 3 interview rounds.

Round 1 - Aptitude Test 

1hrs apti,reasoning,english

Round 2 - Group Discussion 

15min current trends cashless economy

Round 3 - One-on-one 

(1 Question)

  • Q1. Why internal audit
  • Ans. 

    Internal audit ensures compliance, risk management, and operational efficiency within an organization.

    • Ensures compliance with laws, regulations, and internal policies

    • Identifies and mitigates risks that could impact the organization

    • Improves operational efficiency and effectiveness

    • Provides valuable insights and recommendations to management

    • Helps in safeguarding assets and enhancing governance processes

  • Answered by AI
Interview experience
4
Good
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Approached by Company and was interviewed in Mar 2023. 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 - HR 

(1 Question)

  • Q1. Self introduction & briefing of previous job
Round 3 - Department 

(1 Question)

  • Q1. Briefing of work about previous company
Round 4 - Salary negotiation 

(1 Question)

  • Q1. Expectation vs Previous
  • Ans. 

    The question is asking about the comparison between expectations and previous performance.

    • Expectations refer to the desired outcomes or results that are anticipated in a given situation.

    • Previous performance is a reflection of how well or poorly a task or goal was achieved in the past.

    • By comparing expectations with previous performance, one can assess the gap between what was hoped for and what was actually achieved.

    • Thi...

  • Answered by AI
Interview experience
5
Excellent
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Recruitment Consulltant and was interviewed in May 2024. There was 1 interview round.

Round 1 - Case Study 

Overview of Esaf bank

Interview Preparation Tips

Interview preparation tips for other job seekers - Improve communication skills and good knowledge of finance sector
Interview experience
4
Good
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

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

Round 1 - One-on-one 

(2 Questions)

  • Q1. MS Office Knowledge
  • Q2. RBI Circular updates
Round 2 - Technical 

(2 Questions)

  • Q1. Retail Banking related circulars and processes
  • Q2. Past experience in Audit
  • Ans. 

    I have 5 years of experience in conducting audits for various companies.

    • Conducted financial audits to ensure compliance with regulations

    • Performed operational audits to identify inefficiencies and recommend improvements

    • Collaborated with cross-functional teams to implement audit recommendations

    • Utilized data analytics tools to enhance audit procedures

  • Answered by AI
Interview experience
3
Average
Difficulty level
Moderate
Process Duration
2-4 weeks
Result
Not Selected

I applied via Campus Placement and was interviewed in Nov 2023. There were 3 interview rounds.

Round 1 - Aptitude Test 

1hrs apti,reasoning,english

Round 2 - Group Discussion 

15min current trends cashless economy

Round 3 - One-on-one 

(1 Question)

  • Q1. Why internal audit
  • Ans. 

    Internal audit ensures compliance, risk management, and operational efficiency within an organization.

    • Ensures compliance with laws, regulations, and internal policies

    • Identifies and mitigates risks that could impact the organization

    • Improves operational efficiency and effectiveness

    • Provides valuable insights and recommendations to management

    • Helps in safeguarding assets and enhancing governance processes

  • Answered by AI
Interview experience
4
Good
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Approached by Company and was interviewed in Mar 2023. There were 4 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 - HR 

(1 Question)

  • Q1. Self introduction & briefing of previous job
Round 3 - Department 

(1 Question)

  • Q1. Briefing of work about previous company
Round 4 - Salary negotiation 

(1 Question)

  • Q1. Expectation vs Previous
  • Ans. 

    The question is asking about the comparison between expectations and previous performance.

    • Expectations refer to the desired outcomes or results that are anticipated in a given situation.

    • Previous performance is a reflection of how well or poorly a task or goal was achieved in the past.

    • By comparing expectations with previous performance, one can assess the gap between what was hoped for and what was actually achieved.

    • Thi...

  • Answered by AI

Fino Payments Bank Interview FAQs

How to prepare for Fino Payments Bank Internal Auditor 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 Fino Payments Bank. The most common topics and skills that interviewers at Fino Payments Bank expect are Auditing and Internal Audit.

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Fino Payments Bank Internal Auditor Salary
based on 8 salaries
₹3 L/yr - ₹3.5 L/yr
35% less than the average Internal Auditor Salary in India
View more details

Fino Payments Bank Internal Auditor Reviews and Ratings

based on 2 reviews

4.7/5

Rating in categories

5.0

Skill development

4.4

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3.8

Salary

5.0

Job security

5.0

Company culture

4.0

Promotions

4.5

Work satisfaction

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