IIFL Securities Senior Relationship Manager Interview Questions and Answers

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Q1. Stock market knowledge
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Q1. What is strange and straddle strategy in option
Ans. 
Strange and Straddle are option trading strategies used to profit from volatility in the market.
• Strange strategy involves buying a call and put option with the same strike price and expiration date, but with different premiums.

• Straddle strategy involves buying a call and put option with the same strike price and expiration date.

• Both strategies are used to profit from volatility in the market, but the Strange strategy r...read more
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Q2. What is approximate Annual return in NCD
Ans. 
The approximate annual return in NCD varies depending on the issuer and the market conditions.
• The annual return in NCD can range from 7% to 10% depending on the issuer and the market conditions.

• The return is fixed and paid out annually or semi-annually.

• Investors should carefully evaluate the credit rating of the issuer before investing in NCDs.

• Some examples of NCD issuers in India are HDFC, Shriram Transport Finance, a
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Q1. They asking about your experience and over view your profile
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Q1. What is Straddle & strangle strategy ?
Ans. 
Straddle & strangle are options trading strategies involving buying or selling both a call and a put with the same strike price and expiration date.
• Straddle involves buying both a call and put option with the same strike price and expiration date, anticipating a significant price movement in either direction.

• Strangle involves buying or selling a call and put option with different strike prices but the same expirati...read more
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Q2. If I have 10 lakh rupees, what is your suggestion where I supposed to invest ?
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Q3. You got an appointment of 2 client same time & they both going outside , letter they will not meet you , how you manage ?
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Q1. Salary Discussion
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Q1. Why do you want to join our organization?
Ans. 
I am impressed by your organization's reputation for excellence and innovation in the industry.
• I admire the company's commitment to providing top-notch services to clients.

• I am excited about the opportunity to work with a talented team of professionals.

• I believe that my skills and experience align well with the organization's goals and values.
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Q2. What makes you a suitable candidate for this position?
Ans. 
I have over 10 years of experience in relationship management, a proven track record of exceeding targets, and strong communication skills.
• Over 10 years of experience in relationship management

• Proven track record of exceeding targets

• Strong communication skills

• Successfully managed a portfolio of high net-worth clients and increased revenue by 20% in the last fiscal year
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Q1. What are your salary expectations?
Ans. 
My salary expectations are in line with industry standards and commensurate with my experience and qualifications.
• Research industry standards for the position

• Consider my experience and qualifications

• Be prepared to negotiate based on the overall compensation package offered
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Q2. What factors contribute to the determination of your offered CTC (Cost to Company)?
Ans. 
CTC is determined by factors like industry standards, candidate's experience, skills, and negotiation.
• Industry standards for the role

• Candidate's level of experience and expertise

• Specialized skills or certifications

• Negotiation with the candidate

• Company budget constraints
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Q1. How do you manage stress?
Ans. 
I manage stress through regular exercise, meditation, and time management techniques.
• Regular exercise helps me release tension and clear my mind.

• Meditation allows me to stay present and focused, reducing anxiety.

• Time management techniques help me prioritize tasks and avoid feeling overwhelmed.

• I also make sure to take breaks and practice deep breathing when feeling stressed.
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Q2. How do you demonstrate your capabilities?
Ans. 
I demonstrate my capabilities through my track record of successful client relationships, strategic planning, and exceeding targets.
• Consistently exceeding sales targets by 20% through effective relationship management

• Developing and implementing strategic plans to increase client retention by 30%

• Receiving positive feedback from clients for my proactive communication and problem-solving skills
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