Goldman Sachs Interview Questions, Process, and Tips

Q1. What are the aml and kyc requirements?
Ans. 
AML and KYC requirements are regulations that financial institutions must follow to prevent money laundering and verify the identity of their customers.
• AML (Anti-Money Laundering) requirements involve monitoring transactions, reporting suspicious activities, and conducting customer due diligence.

• KYC (Know Your Customer) requirements involve verifying the identity of customers, assessing their risk level, and maintainin...read more
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Q2. Why should we hire you, briefly describe a scenario where you would showcase a different skill or talent compared with your fellow employees?
Ans. 
I have a strong attention to detail and analytical skills that set me apart from my colleagues.
• I have a proven track record of accurately identifying and resolving discrepancies in KYC documentation.

• I excel at conducting thorough research and analysis to ensure compliance with regulations.

• My ability to effectively communicate complex information to stakeholders sets me apart in team collaborations.
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Q3. Strength and weakness?
Ans. 
Strength: attention to detail, Weakness: perfectionism
• Strength: Ability to meticulously review documents and identify discrepancies

• Strength: Strong analytical skills to detect potential risks or fraudulent activities

• Weakness: Striving for perfection may lead to spending too much time on a task

• Weakness: Difficulty in delegating tasks due to desire for everything to be done perfectly
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Q4. Project and achievements?
Ans. 
Implemented a new KYC process resulting in 30% reduction in onboarding time and 20% decrease in errors.
• Led a team to revamp KYC procedures and systems

• Introduced automation tools to streamline verification process

• Trained staff on updated KYC regulations and best practices
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Q5. Are you a team player? What do you do when you don’t get along with certain colleagues? How do you manage conflict resolution?
Ans. 
Yes, I am a team player. I believe in open communication and collaboration. When conflicts arise, I address them directly and seek resolution.
• I believe in open communication and collaboration within the team.

• I address conflicts directly and seek resolution through constructive conversations.

• I focus on finding common ground and working towards a solution that benefits the team as a whole.
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Q6. Provide a situation where you might have failed previously? What has that experience taught you?
Ans. 
I failed to meet a deadline due to poor time management.
• Underestimated the time needed for a project

• Did not prioritize tasks effectively

• Learned to create a detailed schedule and set realistic deadlines
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General English grammar knowledge and some calculations

Q1. CTC and expected salary details?
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Q2. No you cannot negotiate and end up taking what they give you!
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Q3. No relocation time, do it during weekends
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Q4. No target compensation or other benefits
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Q5. If ur employed through agency or consultancy you will be always a contingent and treated less than permanent employees
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Q6. 12 hours a day, 6 days a week, no social or life balance
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This was a coderpad round where I solved python coding problem and SQL queries.

Q1. The Interviewer discussed my resume in detail and discussed the projects.
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Q2. Problems faced in project and solutions implemented.
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Q1. Conversational round focused on team collaboration and problem solving
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Q1. What prompted you to change your job?
Ans. 
I changed my job to seek new challenges and opportunities for growth.
• Desire for new challenges and growth

• Opportunity for career advancement

• Seeking better work-life balance

• Company restructuring or downsizing

• Relocation to a new city
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Q1. What platforms have you used for this process in the past?
Ans. 
I have used platforms such as Excel, Tableau, and Power BI for data analysis in the past.
• Excel

• Tableau

• Power BI
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Q1. Would you be willing to work for 14 hours if required?
Ans. 
Yes, I am willing to work for 14 hours if required.
• I am dedicated and committed to my work

• I understand the importance of meeting deadlines and delivering results

• I am willing to put in extra hours when necessary to ensure success
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Typical DSA round with one easy and one medium question

Dsa round with 2 coding questions both medium level one on dp and other on graph

Q1. Design Parking System
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Q2. Sytstem design
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