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HSBC Group Fund Administrator Interview Questions and Answers

Updated 12 Feb 2024

HSBC Group Fund Administrator Interview Experiences

6 interviews found

Interview experience
4
Good
Difficulty level
Moderate
Process Duration
4-6 weeks
Result
Selected Selected

I applied via Referral and was interviewed in Aug 2023. There were 2 interview rounds.

Round 1 - Aptitude Test 

Work Ethics and Emotional Aptitude

Round 2 - HR 

(1 Question)

  • Q1. Tell me about yourself

Interview Preparation Tips

Interview preparation tips for other job seekers - Keep your confidence up always think positive and don't be nervous.

I appeared for an interview in Sep 2022.

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 - Aptitude Test 

Very basic, nothing to worry about. Should focus on 2nd round which was the interview round and it was pretty technical.

Round 3 - One-on-one 

(1 Question)

  • Q1. Very technical. Should have a deep knowledge of capital market, accounting and other finance stuffs. No irrelevant questions were asked like strengths, weaknesses, qualities, etc. Purely technical for a...
Round 4 - HR 

(1 Question)

  • Q1. If you get through the interview round then you can get through any round. General information was pulled out and every detail like salary, joining date etc was shared. You will reach this round only if y...

Interview Preparation Tips

Topics to prepare for HSBC Group Fund Administrator interview:
  • Capital Market
  • Accounting
Interview preparation tips for other job seekers - Put more focus on technical stuffs . Should have a deep accounting and market knowledge. Anything from anywhere can be asked. But the manager taking my interview was pretty nice. I got stuck with an answer, he asked me to calm down , not to hurry and asked me to think for a while and then answer. Overall I really enjoyed my interview process and by God's grace I got selected. :)
They don't expect you to know everything. From nearly about 20 questions asked if you get stuck with 1 or 2 , that doesn't really matter.

Fund Administrator Interview Questions Asked at Other Companies

asked in HSBC Group
Q1. Technical : 1. What is hedge/mutual fund ? 2. What is equalizatio ... read more
asked in HSBC Group
Q2. What are NAV components
asked in Link Group
Q3. What is NAV What is transfer agency?
Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-
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 - Aptitude Test 

Small Test based upon the relevant technical aspects relating to the job role applied

Round 3 - One-on-one 

(2 Questions)

  • Q1. Tell me about your previous work experience
  • Q2. Tell me about yourself

Interview Preparation Tips

Interview preparation tips for other job seekers - Be well prepared before the aptitude test and the interviews.

I applied via Naukri.com and was interviewed in Oct 2020. There were 3 interview rounds.

Interview Questionnaire 

2 Questions

  • Q1. Basic HR : 1. Guide me through your C.V. 2. Tell me about yourself. 3. Why this position and company ? Technical : 1. What is hedge/mutual fund ? 2. What is equalization payment ? 3. What are corporate ac...
  • Q2. Technical : 1. What is hedge/mutual fund ? 2. What is equalization payment ? 3. What are corporate actions and its types ? 4. Basic accrual journals 5. What are trading participants ( stock exch, clearing ...
  • Ans. 

    Answers to technical questions related to fund administration.

    • Hedge funds are alternative investment vehicles that use various strategies to generate high returns.

    • Mutual funds are investment vehicles that pool money from multiple investors to invest in a diversified portfolio of securities.

    • Equalization payment is a payment made to investors in a mutual fund to ensure that all investors receive the same distribution of ...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - If you have any relevent degree/diploma/certifications in the field of investment then that would be a big bonus. Be confident and brief in your answers.

HSBC Group interview questions for designations

 Fund Accountant

 (2)

 Senior System Administrator

 (1)

 Executive Accountant

 (2)

 Financial Analyst

 (2)

 Financial Associate

 (1)

 Financial Accountant

 (1)

 Assistant Manager Finance

 (1)

 AVP Finance

 (1)

I applied via Referral and was interviewed in Mar 2020. There were 7 interview rounds.

Interview Questionnaire 

4 Questions

  • Q1. About Accounts. Mutual funds, Hedge funds, NAV Calculation, Golden rules, real time journel entries.
  • Q2. The various scenarios which I've faced in my professional career.
  • Ans. 

    I have faced various scenarios in my professional career, including complex fund administration tasks, client inquiries, and regulatory compliance challenges.

    • Handling complex fund administration tasks such as reconciliations, valuations, and reporting

    • Dealing with client inquiries and providing timely and accurate responses

    • Navigating regulatory compliance challenges and ensuring adherence to industry regulations

    • Managing...

  • Answered by AI
  • Q3. Communication is very important with patience and situation handling.
  • Q4. Written exams where multiple qns based on only situation based.

Interview Preparation Tips

Interview preparation tips for other job seekers - I suggest to keep a good amount of patience with a good listening skill at the time of talking in interview because it leaves a decent impact on the interviewers. Rate of speed should be maintained within the limit so that each and every words should be ears.

I applied via Recruitment Consultant and was interviewed before Nov 2020. There were 7 interview rounds.

Interview Questionnaire 

1 Question

  • Q1. What are NAV components
  • Ans. 

    NAV components refer to the various elements that make up the Net Asset Value of a fund.

    • NAV components include assets, liabilities, income, and expenses.

    • Assets can include stocks, bonds, and other investments held by the fund.

    • Liabilities can include expenses owed by the fund, such as management fees.

    • Income can include dividends and interest earned by the fund.

    • Expenses can include management fees, legal fees, and other

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Mostly it was aptitude and technical evaluation, and they will mostly check for overall behavioral factors for fresher fund accountant.

Skills evaluated in this interview

Interview questions from similar companies

Analyst Interview Questions & Answers

UBS user image Anonymous

posted on 25 Jan 2015

Interview Preparation Tips

Round: Resume Shortlist
Experience: My strong resume aided in getting shortlisted for Credit Suisse.

Round: Group Discussion
Experience: The GD went well as I did not haste into my chance and was calm throughout.

Round: Other Interview
Experience: The interview was with an alumni who told me that my GD performance was good, and asked me a puzzle. It was followed by some questions on my resume, mainly my internship.
Another puzzle followed, which I took some time to solve. I was able to solve the next one instantly,
Then I was asked to sell a crumbled piece of paper innovatively.

Round: Other Interview
Experience: This round was with a senior member in the company who asked about my resume, stay in campus, post of election officer and some tricky questions, which I answered well. A question on probability was asked. A few more puzzles followed, along with some questions on finance. He also mentioned that he did not expect me to answer these as I had no background in finance. But i was able to answer them.
I was then asked to leave and HR was called inside. I also had an interview with Diamond. The HR came to me and told me that they were interested in and asked me to stall my interview with diamond for a while.

Round: HR Interview
Experience: It was with VP and continued for 45 minutes with no puzzles, finances or cases. It was more of a discussion on all fields ranging from campus life to UP politics to Sachin's retirement, etc.
I was asked about my internship experience and the reason i wanted to join their company .

Round: HR Interview
Experience: It was with the Director, who said that he had a sore throat and hence would not say much. he said that they wanted to hire me and that I do not interview with any other firm. I was more than glad! I was the first person to bag an offer in the placement season.

College Name: IIT KANPUR

Interview Questionnaire 

23 Questions

  • Q1. Why Morgan Stanley?
  • Ans. 

    Morgan Stanley is a top-tier investment bank with a strong reputation for innovation and excellence.

    • Morgan Stanley has a long history of success in the financial industry

    • The company is known for its innovative approach to investment banking

    • Morgan Stanley has a strong reputation for excellence in research and analysis

    • The firm offers a wide range of services to clients, including wealth management and investment banking

    • M...

  • Answered by AI
  • Q2. What between Tower and Morgan Stanley?
  • Ans. 

    Tower and Morgan Stanley are both financial services companies.

    • Tower is a global investment management firm with over $1 trillion in assets under management.

    • Morgan Stanley is a multinational investment bank and financial services company.

    • Both companies offer a range of financial services including wealth management, investment banking, and asset management.

    • Tower is known for its focus on sustainable investing, while Mo...

  • Answered by AI
  • Q3. Strengths/weakness
  • Q4. What is the job profile offered ? Why not phd?
  • Ans. 

    The job profile offered is for an analyst position. A PhD is not required for this role.

    • The job involves analyzing data and providing insights to clients

    • A PhD is not necessary as the role focuses more on practical application of analytical skills

    • The job may require a bachelor's or master's degree in a related field

    • Examples of job responsibilities may include data collection, statistical analysis, and report writing

  • Answered by AI
  • Q5. Minimize the cost of the pen, what innovations can you do with it?
  • Ans. 

    Innovations to minimize cost of pen

    • Use recycled materials for pen body and ink

    • Simplify design to reduce production costs

    • Implement refillable ink cartridges to reduce waste and cost

    • Partner with companies for bulk purchasing of materials

    • Automate production process to reduce labor costs

  • Answered by AI
  • Q6. Prove that for N>= a, N> N^.5 + N^(1/3)+N^(1/4)
  • Ans. 

    Prove N>=N^.5+N^(1/3)+N^(1/4) for N>=a

    • Use AM-GM inequality

    • Substitute N with a and prove the inequality holds

    • Use calculus to find the minimum value of the expression

  • Answered by AI
  • Q7. Statisticss, Algorithms
  • Q8. X, y are random variables with probability distribution ke^(-kx) and ue^(-ux). What is the dist. for min(x,y)
  • Ans. 

    Finding the probability distribution for the minimum of two random variables with given distributions.

    • Use the formula P(min(x,y)>z) = P(x>z)P(y>z)

    • Integrate over the range of z to get the distribution of min(x,y)

    • Final distribution is 2ke^(-kx)ue^(-ux)exp(-uz)

  • Answered by AI
  • Q9. An organism dies out with prob. p and spawns into 2 with prob (1-p). what is the prob. that starting from 1,the organism will die out?
  • Ans. 

    Given prob. p of dying out and prob. (1-p) of spawning into 2, find prob. of dying out starting from 1 organism.

    • Use probability tree to visualize outcomes

    • Probability of dying out starting from 1 is p + (1-p) * (probability of dying out starting from 2)^2

    • Solve recursively to get final answer

  • Answered by AI
  • Q10. In a unit circle, p is chosen uniformly on the circle and q inside the circle, what is the prob. that the rectangle is inside the circle?
  • Ans. 

    Probability of a rectangle being inside a unit circle with p chosen uniformly on the circle and q inside the circle.

    • The probability can be found by calculating the ratio of the area of the rectangle to the area of the circle.

    • The area of the circle is pi and the area of the rectangle can be found using the distance between p and q.

    • The probability is 1/4.

    • Example: If the distance between p and q is 0.5, then the area of t...

  • Answered by AI
  • Q11. Find a local minima of an array in o(log n)? In a functional program
  • Ans. 

    Find local minima of an array in o(log n) in functional programming.

    • Use binary search to find the local minima.

    • Check if the mid element is a local minima, if not, move towards the lower side.

    • If the mid element is greater than its left element, move towards the left side, else move towards the right side.

    • Repeat until a local minima is found.

    • Example: [5, 3, 2, 4, 6, 8, 9] -> local minima is 2.

  • Answered by AI
  • Q12. Write a code to sort a list without pipes?
  • Ans. 

    Code to sort a list without pipes

    • Use a sorting algorithm like bubble sort, insertion sort, or selection sort

    • Implement the algorithm in the programming language of your choice

    • Test the code with different input sizes and types

  • Answered by AI
  • Q13. Find an even length palindrome in a string in o(n)?
  • Ans. 

    To find an even length palindrome in a string in O(n), we can use the two-pointer approach.

    • Initialize two pointers at the center of the string.

    • Expand the pointers outwards while checking if the characters at both pointers are equal.

    • If they are not equal, return the previous substring as the even length palindrome.

    • If the pointers reach the end of the string, return the entire string as the even length palindrome.

  • Answered by AI
  • Q14. A is a matrix vi's are n linear vectors s.t. Avi= Vj a<=j<=n, what are the possible values of |A|?
  • Ans. 

    Possible values of determinant of matrix A given Avi=Vj for n linear vectors

    • The possible values of |A| are non-zero as the given vectors are linearly independent

    • The value of |A| can be calculated using the formula |A| = (-1)^n * det(A)

    • If the given vectors are orthogonal, then |A| is the product of the magnitudes of the vectors

  • Answered by AI
  • Q15. A and B play a game with unfair count with P[Heads]= p. they count # of heads and tails .if # of heads > #tails +1 at any point, A wins.Find the prob. that A wins
  • Ans. 

    A and B play a game with unfair coin. A wins if # of heads > #tails +1 at any point. Find prob. of A winning.

    • The game is played with an unfair coin with P[Heads]=p

    • A wins if # of heads > #tails +1 at any point

    • Find the probability of A winning

  • Answered by AI
  • Q16. Given a sorted array find two element (i,j) s.t. i+j =x in O(n) time?
  • Ans. 

    Find two elements in a sorted array that add up to a given sum in linear time.

    • Use two pointers, one at the beginning and one at the end of the array.

    • If the sum of the two pointers is greater than the target, move the right pointer to the left.

    • If the sum of the two pointers is less than the target, move the left pointer to the right.

    • Repeat until the sum is found or the pointers meet.

    • Example: Given [1, 2, 3, 4, 5] and ta

  • Answered by AI
  • Q17. Question on bubble sort : Given random permutation, suppose i run bubble sort on it.
  • Q18. What is the prob. that element at 20th position lands up at 31st position after the first iteration?
  • Ans. 

    The probability of element at 20th position landing up at 31st position after the first iteration.

    • The probability depends on the size of the dataset and the algorithm used for iteration.

    • If the algorithm involves swapping adjacent elements, the probability is higher.

    • If the dataset is sorted in a way that the element at 20th position is adjacent to the element at 31st position, the probability is 1.

    • The probability can be...

  • Answered by AI
  • Q19. A rod at length l, I randomly put 100 ants in the rod .each ant moves left and right in random direction with l m/s .what is the expected no. of collisions after 30 secs?
  • Ans. 

    Expected number of collisions between randomly moving ants on a rod after 30 seconds.

    • Calculate the probability of two ants colliding at any given time.

    • Use the formula for expected value to find the expected number of collisions.

    • Assume that the ants are point masses and collisions are perfectly elastic.

    • Consider the possibility of multiple ants colliding at the same time.

    • Simulation can also be used to estimate the expect

  • Answered by AI
  • Q20. In how many ways can i permute n numbers 1 2 3...n so that all the no.s between u and i+1 are less than i (for all i in the permutation)?
  • Ans. 

    Counting permutations where numbers between u and i+1 are less than i for all i in the permutation.

    • The first number in the permutation must be 1.

    • For each i in the permutation, all numbers between u and i+1 must be less than i.

    • Use dynamic programming to count the number of valid permutations.

    • The answer is (n-1)th Catalan number.

    • Example: for n=4, the answer is 5.

  • Answered by AI
  • Q21. Find f(n) : pdt F(x) cdf. the value of k> 0 a constant -inf S +inf f(x)*F(kx) dx x follows normal standard distribution?
  • Ans. 

    Finding f(n) for a normal standard distribution with a given constant k.

    • Calculate the product of probability density function and cumulative distribution function.

    • Integrate the product of f(x) and F(kx) from -inf to +inf.

    • The value of k is a constant greater than 0.

  • Answered by AI
  • Q22. Number of inversions in an array in O(nlogn) time?
  • Ans. 

    Number of inversions in an array in O(nlogn) time.

    • Use merge sort algorithm to count inversions

    • Divide the array into two halves and recursively count inversions

    • Merge the two halves and count split inversions

    • Time complexity is O(nlogn)

  • Answered by AI
  • Q23. Given a chessboard 8X8 I put numbers from 1 to 8 in it in such a way that no. x is the mean/average of its neighbor. What is the range of the numbers?

Interview Preparation Tips

Round: Test
Experience: Topics:
1. Statistics
2. Probability distributions
3. Theorms of linear algebra 
4. Algorithms: DP, Puzzle
Duration: 120 minutes
Total Questions: 8

General Tips: Improve on Linear Algebra&#44; Probability, Algorithms.
College Name: IIT KANPUR

Skills evaluated in this interview

I applied via Referral

Interview Questionnaire 

2 Questions

  • Q1. Mostly on Financial accounting
  • Q2. Questions on Cash flow statements ( Project during 1st term )

Interview Preparation Tips

Round: Technical Interview
Experience: number of interviews were 2 where the 2nd was more of a confirmation that I am willing to work with them.
I answered most of the questions they asked except who is teaching you corporate finance. I asked a lot of questions about what they do and what is their view about Indian accounting laws
I think they are looking for knowledge in finance and less of globe during the interview.

Tips: Prof. R. Narayanswamies fundas of financial accounting.
Be thorough with financial.

Skills: Accounting, Finance
College Name: IIM Bangalore

Analyst Interview Questions & Answers

UBS user image Anonymous

posted on 30 Jan 2015

Interview Preparation Tips

Round: Puzzle Interview
Tips: Prepare for questions on your resume, puzzles and a couple of HR questions.

Round: Puzzle Interview
Experience: A few resume based questions were asked too.

Round: HR Interview
Experience: They tried to judge how well the candidate would fit in with their company.

General Tips: Focus on the few companies that you want to get into&#44; and prepare well for them. 
Do not give way to peer influence. Do what you want to, even if it is not the most sought after.
College Name: IIT KANPUR

HSBC Group Interview FAQs

How many rounds are there in HSBC Group Fund Administrator interview?
HSBC Group interview process usually has 3 rounds. The most common rounds in the HSBC Group interview process are Aptitude Test, One-on-one Round and HR.
How to prepare for HSBC Group Fund Administrator 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 HSBC Group. The most common topics and skills that interviewers at HSBC Group expect are Mutual Funds, Corporate Actions, Custody, Financial Services and Investment Accounting.
What are the top questions asked in HSBC Group Fund Administrator interview?

Some of the top questions asked at the HSBC Group Fund Administrator interview -

  1. Technical : 1. What is hedge/mutual fund ? 2. What is equalization payment ? 3....read more
  2. What are NAV compone...read more
  3. Very technical. Should have a deep knowledge of capital market, accounting and ...read more

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HSBC Group Fund Administrator Interview Process

based on 2 interviews

2 Interview rounds

  • Technical Round
  • HR Round
View more

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HSBC Group Fund Administrator Salary
based on 110 salaries
₹2.8 L/yr - ₹8 L/yr
At par with the average Fund Administrator Salary in India
View more details

HSBC Group Fund Administrator Reviews and Ratings

based on 25 reviews

3.3/5

Rating in categories

3.7

Skill development

3.5

Work-life balance

3.1

Salary

4.2

Job security

3.7

Company culture

3.0

Promotions

2.8

Work satisfaction

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