LenDenClub Management Trainee Interview Questions and Answers for Experienced

It was a campus recruitment, had to give a GD with other applicants

Q1. Basic HR questions were asked
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Q2. Questions related to skills mentioned in the CV
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Q3. Questions related to course that you are doing
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Basic aptitude test to check the right skill set

Q1. Technical knowledge about the role, responsibilities, etc with various situation handling, decision making
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Q1. One on one round with AVP on skill set and knowledge
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Q1. One on one round with the CS head
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Q1. Final discussion on pay package, joining and other stuffs
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Q1. Questions about your experience
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Q2. It will depend your experience
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Q1. What is your past experience in audit field
Ans. 
I have over five years of experience in the audit field, focusing on financial audits and compliance assessments.
• Conducted financial audits for various clients, ensuring compliance with GAAP and identifying areas for improvement.

• Led a team of auditors in a comprehensive internal audit for a healthcare organization, resulting in a 20% reduction in operational costs.

• Developed audit plans and risk assessments, tailoring a...read more
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Q2. Tell me something about yourself
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Q3. What are the RBI guidelines that are applicable to NBFC
Ans. 
RBI guidelines for NBFCs ensure financial stability, consumer protection, and regulatory compliance in the non-banking sector.
• Registration: NBFCs must be registered with RBI under the Companies Act, 1956.

• Net Owned Funds: NBFCs should maintain a minimum net owned fund of ₹2 crore.

• Capital Adequacy Ratio: A minimum CAR of 15% is required to ensure financial stability.

• Asset Classification: NBFCs must classify assets into s...read more
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Q4. What are expectations from Kissht & payout
Ans. 
Expectations from Kissht include growth opportunities, team collaboration, and competitive payouts based on performance metrics.
• Growth Opportunities: Expect to advance in your career through training and mentorship programs.

• Team Collaboration: A strong emphasis on teamwork to achieve common goals, fostering a supportive work environment.

• Performance-Based Payouts: Compensation linked to individual and team performance, ...read more
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Q1. Collection experience
Ans. 
I have extensive experience in collections, including managing a team of collectors.
• Managed a team of collectors to ensure timely and effective collection of outstanding debts

• Developed and implemented collection strategies to improve overall collection rates

• Negotiated payment plans with delinquent customers to avoid legal action

• Utilized various collection tools and software to streamline the collection process

• Maintaine...read more
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Q1. Collection experience and How long you will work
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Q1. Sales experience
Ans. 
I have 5 years of sales experience in the technology industry, consistently exceeding targets.
• Managed a team of sales representatives to drive revenue growth

• Developed and implemented sales strategies to increase market share

• Built strong relationships with clients to ensure customer satisfaction

• Utilized CRM software to track sales performance and identify opportunities for improvement
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Q2. People management questions
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Q3. Data management
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Q1. Data management
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Q2. People management
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Q1. Conversation and leads sales targets
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