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IIFL Finance Assistant Credit Manager Interview Questions and Answers

Updated 12 May 2018

IIFL Finance Assistant Credit Manager Interview Experiences

1 interview found

Interview Questionnaire 

7 Questions

  • Q1. Tell me about yourself
  • Ans. 

    I am an experienced credit professional with a strong background in managing credit operations and analyzing financial data.

    • Over 5 years of experience in credit management

    • Proficient in assessing creditworthiness and risk analysis

    • Skilled in developing and implementing credit policies and procedures

    • Strong analytical and problem-solving skills

    • Excellent communication and negotiation abilities

    • Managed a portfolio of high-val...

  • Answered by AI
  • Q2. Your family background
  • Ans. 

    I come from a diverse family background with a mix of cultures and professions.

    • My father is a doctor and my mother is a teacher, so I have been exposed to both the medical and education fields.

    • I have a sibling who is an engineer, which has influenced my interest in problem-solving and analytical thinking.

    • My extended family includes individuals from various industries such as business, law, and art, which has broadened ...

  • Answered by AI
  • Q3. Your expectations in terms of money
  • Ans. 

    I expect a competitive salary that reflects my skills and experience in the industry.

    • I am looking for a salary that is commensurate with my qualifications and the responsibilities of the role.

    • I would like to be compensated fairly for my expertise and contributions to the company.

    • I am open to negotiation and would like to discuss the salary package in detail during the hiring process.

    • I have researched the average salary...

  • Answered by AI
  • Q4. Location
  • Q5. Full form of KYC
  • Ans. 

    KYC stands for Know Your Customer.

    • KYC is a process used by financial institutions to verify the identity of their customers.

    • It involves collecting and verifying customer information to prevent fraud, money laundering, and other illegal activities.

    • KYC typically includes gathering personal details, identification documents, and proof of address.

    • Financial institutions are required by law to perform KYC procedures for thei...

  • Answered by AI
  • Q6. Ratios
  • Q7. Expectations in terms of money
  • Ans. 

    The candidate's expectations in terms of salary and benefits.

    • Discuss the candidate's salary expectations and any additional benefits they may be seeking.

    • Ask about their previous salary and benefits package to understand their baseline expectations.

    • Consider discussing potential negotiation opportunities or flexibility in compensation.

    • Ensure the candidate's expectations align with the company's budget and compensation st

  • Answered by AI

Interview questions from similar companies

I applied via Referral and was interviewed before Feb 2021. There was 1 interview round.

Round 1 - HR 

(7 Questions)

  • Q1. What are your salary expectations?
  • Q2. What is your family background?
  • Q3. Share details of your previous job.
  • Q4. Why should we hire you?
  • Q5. Why are you looking for a change?
  • Q6. What are your strengths and weaknesses?
  • Q7. Tell me about yourself.

Interview Preparation Tips

Interview preparation tips for other job seekers - Mothilal Oswal...is one of Best Oraganistion...

I applied via Walk-in and was interviewed before Feb 2021. There was 1 interview round.

Round 1 - Technical 

(1 Question)

  • Q1. How much u gain product knowledge and market knowledge in your previous company it will be tested in technical round and your interpersonal skill also.

Interview Preparation Tips

Interview preparation tips for other job seekers - Present yourself in a simple manner and give prompt reply on the question by the interviewer.

I applied via Walk-in and was interviewed before Apr 2021. There was 1 interview round.

Round 1 - One-on-one 

(1 Question)

  • Q1. Experience previous organization related questions

Interview Preparation Tips

Interview preparation tips for other job seekers - As per resume question and Educational information

I applied via Naukri.com and was interviewed before Jul 2021. There were 2 interview rounds.

Round 1 - Technical 

(1 Question)

  • Q1. About stocks and mutual funds
Round 2 - HR 

(1 Question)

  • Q1. Tell me about yourself

Interview Preparation Tips

Interview preparation tips for other job seekers - A good company to work with with good working environment

I applied via Recruitment Consultant and was interviewed before Sep 2020. There were 3 interview rounds.

Interview Questionnaire 

1 Question

  • Q1. Why do you want to join kotak securities?

Interview Preparation Tips

Interview preparation tips for other job seekers - Don't panic.keep calm.all the best

I was interviewed in Apr 2021.

Interview Questionnaire 

2 Questions

  • Q1. Myself ppppppp
  • Q2. Do you have any knowledge of demat account opening
  • Ans. 

    Yes, I have knowledge of demat account opening.

    • I am familiar with the process of opening a demat account.

    • I understand the documentation required for demat account opening.

    • I am aware of the benefits and features of a demat account.

    • I have experience in assisting customers with demat account opening.

    • I can explain the demat account opening process to potential customers.

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Better what you have a knowledge or according experience answer that much no much

I applied via Referral and was interviewed in Nov 2019. There were 4 interview rounds.

Interview Questionnaire 

9 Questions

  • Q1. Basics of stock market ( stock, Mf, IPO, FPO, PMS)
  • Q2. Previous experience detail ( key responsibilities)
  • Ans. 

    Managed team of 10 sales associates, created and implemented sales strategies, conducted performance evaluations

    • Managed a team of 10 sales associates

    • Created and implemented sales strategies to increase revenue

    • Conducted performance evaluations to assess team's progress

    • Collaborated with marketing department to develop promotional campaigns

  • Answered by AI
  • Q3. Why kotak securities?
  • Ans. 

    Kotak Securities is a leading financial services company with a strong reputation and commitment to customer satisfaction.

    • Kotak Securities has a proven track record of success in the financial services industry

    • The company is known for its innovative products and services

    • Kotak Securities has a strong commitment to customer satisfaction and building long-term relationships

    • The company offers excellent career growth opport...

  • Answered by AI
  • Q4. Self Introduction
  • Q5. Details of previous company brokerage detail?
  • Ans. 

    I worked at XYZ brokerage firm for 3 years, specializing in commercial real estate transactions.

    • Managed a portfolio of high-net-worth clients

    • Negotiated lease agreements and property sales

    • Developed marketing strategies to attract new clients

    • Collaborated with legal and financial teams on complex deals

  • Answered by AI
  • Q6. Benefits of demat saving?
  • Ans. 

    Demat saving offers a range of benefits for investors.

    • Eliminates the risk of loss, theft or damage of physical share certificates

    • Facilitates easy and quick transfer of securities

    • Reduces paperwork and transaction costs

    • Enables investors to hold a variety of securities in a single account

    • Provides access to real-time information and updates on investments

  • Answered by AI
  • Q7. Intraday, Delivery, ETF, Commodities?
  • Q8. What about salary? How much u want?
  • Q9. Family background?
  • Ans. 

    My family background is diverse and supportive, with a mix of professions and interests.

    • My parents are both educators, instilling in me a love for learning and teaching.

    • I have a sibling who works in finance, providing a different perspective on business and management.

    • My extended family includes artists, engineers, and healthcare professionals, giving me a well-rounded view of various industries.

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - 1) Always be Confident.
2) Think that way..if they hire us ..its there benefit..if they don't..its there loss.( believe in your capabilities).
3) Dressed properly (Formals) it looks like Good Manager.

I applied via Walk-in and was interviewed in Dec 2019. There were 3 interview rounds.

Interview Questionnaire 

3 Questions

  • Q1. Tell me about ur self and ur previous experience?
  • Q2. Why u want to join kotak?
  • Q3. Are u ready to do hard work in sales?

Interview Preparation Tips

Interview preparation tips for other job seekers - Should be confidence when giving answer.
Should be cool.
Should be smiling face.

I applied via Company Website and was interviewed in Aug 2020. There was 1 interview round.

Interview Questionnaire 

2 Questions

  • Q1. On capital market and financial institutions
  • Q2. What is market cap of Indian stock market
  • Ans. 

    The market cap of Indian stock market is constantly changing based on the performance of the companies listed on the stock exchange.

    • Market cap is the total value of all the shares of companies listed on the stock exchange

    • It is calculated by multiplying the total number of outstanding shares by the current market price of each share

    • As of August 2021, the market cap of Indian stock market is around $3.2 trillion

    • The marke...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - This interview was a technical on stock market and option market
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IIFL Finance Interview FAQs

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IIFL Finance Assistant Credit Manager Interview Process

based on 1 interview

Interview experience

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IIFL Finance Assistant Credit Manager Salary
based on 19 salaries
₹3 L/yr - ₹6.5 L/yr
At par with the average Assistant Credit Manager Salary in India
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5.0/5

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