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IIFL Finance Product Manager Interview Questions and Answers

Updated 17 Dec 2022

IIFL Finance Product Manager Interview Experiences

1 interview found

I applied via Recruitment Consulltant and was interviewed before Dec 2021. There were 2 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 

(2 Questions)

  • Q1. Products launched or managed in current or previous organisations.
  • Ans. 

    Managed multiple products in my previous role as a Product Manager.

    • Launched a mobile app for a healthcare startup that received 4.5-star rating on app stores.

    • Managed a SaaS product for a B2B company that resulted in a 20% increase in revenue.

    • Launched a new version of an e-commerce website that improved user experience and increased conversion rate by 15%.

  • Answered by AI
  • Q2. What value you will bring to the orgnaisation if selected?

Interview Preparation Tips

Interview preparation tips for other job seekers - Elaborate your key strengths to manage the role you have applied for

Interview questions from similar companies

Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-
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. Previous Experience and Nism Certification
Round 3 - HR 

(1 Question)

  • Q1. Third-Party Product Knowldge
Round 4 - One-on-one 

(2 Questions)

  • Q1. Equity Derivative Mutual Fund PMS AIF insurance and investment product related
  • Q2. Revenue Generation Ability
  • Ans. 

    I have a proven track record of increasing revenue through strategic planning and implementation.

    • Developing and implementing sales strategies to target new markets and increase customer base

    • Analyzing market trends and competitor activities to identify opportunities for revenue growth

    • Collaborating with marketing team to create effective promotional campaigns

    • Negotiating contracts and partnerships to maximize revenue pote...

  • Answered by AI
Interview experience
1
Bad
Difficulty level
Easy
Process Duration
2-4 weeks
Result
Selected Selected

I applied via Recruitment Consulltant and was interviewed in Nov 2023. There was 1 interview round.

Round 1 - One-on-one 

(2 Questions)

  • Q1. Tell me about yourself.
  • Q2. About your experience

Interview Preparation Tips

Interview preparation tips for other job seekers - Good profile, but never expect cabin or work station, in Virtual channel, you are 3rd party product. Work accordingly. Good organization for CV. But bad working culture for employees, over all no personal growth.
Interview experience
4
Good
Difficulty level
Easy
Process Duration
-
Result
-
Round 1 - One-on-one 

(2 Questions)

  • Q1. Tell me about your self
  • Q2. Sound knowledge about markets
Round 2 - HR 

(1 Question)

  • Q1. Salary structure l.
Interview experience
3
Average
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Referral and was interviewed before Sep 2022. There were 3 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 - One-on-one 

(1 Question)

  • Q1. Will you work will you complete the targets
Round 3 - HR 

(2 Questions)

  • Q1. No HR intervien
  • Q2. Would like to work for the salary
Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-
Round 1 - HR 

(1 Question)

  • Q1. Good question related to work profile
Round 2 - One-on-one 

(1 Question)

  • Q1. Broking related

I applied via Naukri.com and was interviewed before Jan 2021. There was 1 interview round.

Interview Questionnaire 

5 Questions

  • Q1. Architecture and performance tunning
  • Q2. Disaster Recovery .
  • Ans. Database is not sync then how to check the details.
  • Answered by PRANJAY GODHANKAR
  • Q3. Data lake
  • Q4. Cdc subscription tools
  • Q5. Materialized view data fetch from source table and move to the target .
  • Ans. 

    Materialized view data is fetched from source table and moved to target.

    • Materialized view is a precomputed table that stores the result of a query.

    • Data is fetched from the source table and stored in the materialized view.

    • The materialized view is updated periodically to reflect changes in the source table.

    • This process is useful for improving query performance.

    • Example: A materialized view can be created to store the tota...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Look confidence and loyal in interview.
Interview experience
3
Average
Difficulty level
Moderate
Process Duration
2-4 weeks
Result
Selected Selected

I appeared for an interview in Jul 2024.

Round 1 - One-on-one 

(2 Questions)

  • Q1. What is risk based internal audit
  • Ans. 

    Risk based internal audit is an approach where audit resources are allocated based on the level of risk associated with different areas of the organization.

    • Focuses on identifying and assessing risks that could impact the achievement of organizational objectives

    • Prioritizes audit activities based on the level of risk involved

    • Helps in ensuring that audit resources are utilized efficiently and effectively

    • Involves developin...

  • Answered by AI
  • Q2. Describe the internal audit guidelines issue by rbi. And also describe guidelines issued by icai and iia.
  • Ans. 

    RBI, ICAI, and IIA issue guidelines for internal audits.

    • RBI guidelines focus on risk-based internal audit, independence of internal audit function, and reporting requirements.

    • ICAI guidelines emphasize the importance of professional skepticism, objectivity, and confidentiality in internal audits.

    • IIA guidelines stress the need for internal auditors to follow the International Standards for the Professional Practice of In

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Try to study more about rbi & icai circulars regardings internal audit. Must have knowledge about icai and iia guidelines and update yourself continuously.

Interview Questionnaire 

3 Questions

  • Q1. Oracle database architecture and nbfc flow details
  • Q2. Architecture of data guard and oracle 12c and 19c
  • Ans. 

    Data Guard is a disaster recovery solution for Oracle databases. Oracle 12c and 19c have improved features for Data Guard.

    • Data Guard is a high availability solution that provides disaster recovery for Oracle databases.

    • It maintains one or more standby databases that can be used in case of a primary database failure.

    • Oracle 12c introduced the concept of Far Sync Instance, which acts as a buffer between the primary and sta...

  • Answered by AI
  • Q3. Patching ,performance tunning

Skills evaluated in this interview

Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-
Round 1 - One-on-one 

(2 Questions)

  • Q1. Tell me something about your experience?
  • Ans. 

    I have over 5 years of experience in product management, leading cross-functional teams to launch successful products.

    • Led the development and launch of a new mobile app that increased user engagement by 30%

    • Managed a team of designers, engineers, and marketers to deliver projects on time and within budget

    • Implemented agile methodologies to improve product development processes and increase efficiency

  • Answered by AI
  • Q2. Tell me something about your company?
  • Ans. 

    Our company is a leading tech startup specializing in developing innovative software solutions for businesses.

    • Founded in 2015 by a group of experienced software engineers

    • Headquartered in Silicon Valley, with offices in New York and London

    • Our flagship product, a project management tool, has over 1 million users worldwide

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Please be genuine, be realistic

IIFL Finance Interview FAQs

How many rounds are there in IIFL Finance Product Manager interview?
IIFL Finance interview process usually has 2 rounds. The most common rounds in the IIFL Finance interview process are Resume Shortlist and HR.
How to prepare for IIFL Finance Product Manager 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 IIFL Finance. The most common topics and skills that interviewers at IIFL Finance expect are Product Management, Customer Experience, Sales, Web Technologies and Brd.

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IIFL Finance Product Manager Salary
based on 76 salaries
₹7 L/yr - ₹24 L/yr
25% less than the average Product Manager Salary in India
View more details

IIFL Finance Product Manager Reviews and Ratings

based on 4 reviews

2.3/5

Rating in categories

1.5

Skill development

2.0

Work-life balance

2.3

Salary

2.9

Job security

1.6

Company culture

1.5

Promotions

1.8

Work satisfaction

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