Goldman Sachs Operations Intern Interview Questions and Answers

Loan syndication is the process of involving multiple lenders to fund a single loan for a borrower.

• Involves multiple lenders coming together to provide funds for a single loan

• Used for large loan amounts that exceed the capacity of a single lender

• Each lender in the syndicate takes a portion of the loan and shares the risk

• Common in project finance and corporate finance

• Example: A company needs a $100 million loan, but no ...read more

Primary market is where new securities are issued and sold for the first time, while secondary market is where existing securities are bought and sold among investors.

• Primary market involves the issuance of new securities by companies or governments

• Investors purchase these new securities directly from the issuer

• Examples include initial public offerings (IPOs) and bond issuances

• Secondary market involves the buying and s...read more

AML KYC stands for Anti-Money Laundering and Know Your Customer. It is a set of regulations and procedures designed to prevent financial crimes.

• AML KYC involves verifying the identity of customers and assessing their risk of money laundering or terrorist financing.

• It requires collecting information such as identification documents, proof of address, and source of funds.

• Financial institutions use AML KYC processes to co...read more

CDD stands for Customer Due Diligence, a process used by portals to verify the identity of their customers.

• CDD is a process used by financial institutions and online portals to verify the identity of their customers.

• It involves collecting information such as name, address, date of birth, and identification documents.

• Portals use CDD to comply with anti-money laundering regulations and to prevent fraud.

• Examples of portal...read more

Yes, I will be able to commute.

• I have reliable transportation.

• I am familiar with the commute route.

• I am willing to travel to the office location.

• I can adjust my schedule to accommodate the commute time.