Lloyds Technology Centre Associate Vice President Interview Questions and Answers

Q1. Tell me about your day to day activities.
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Q2. What are you looking for in your next role.
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Tell me about a recent project that you have worked on.

Q1. How do prioritize work when there has been a pivot in deliverables?
Ans. 
I prioritize work by reassessing deadlines, adjusting timelines, and communicating with stakeholders.
• Reassess deadlines based on new priorities

• Adjust timelines accordingly to ensure timely delivery

• Communicate with stakeholders to manage expectations and ensure alignment
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Q2. How do you handle a difficult coworker?
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Q3. What steps do you take when you are researching a new feature?
Ans. 
I start by defining the objectives, conducting market research, analyzing competitors, gathering user feedback, and creating a detailed plan.
• Define the objectives of the new feature

• Conduct market research to understand the demand and trends

• Analyze competitors to identify strengths and weaknesses

• Gather user feedback to incorporate user preferences

• Create a detailed plan outlining the development process and timeline
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Q1. Tell me about yourself.
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Q2. What is KYC explain.
Ans. 
KYC stands for Know Your Customer, a process used by financial institutions to verify the identity of their clients.
• KYC is a regulatory requirement to prevent money laundering and fraud.

• It involves collecting personal information and verifying it through documents like ID cards, passports, and utility bills.

• Financial institutions use KYC to assess the risk of doing business with a particular customer.

• KYC also helps in ...read more
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Technical Questions on .Net, Database, System Design and DevExpress

Develop POC kind of application.

Q1. SQL query, sas query, business knowledge
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Q2. Bfsi domain questions
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Q1. Financial statements
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Q1. What is waterfall distribution?
Ans. 
Waterfall distribution is a method of distributing profits or funds to different levels of investors or stakeholders in a sequential manner.
• Profits or funds are first distributed to the highest level investors before moving down to lower level investors.

• This distribution method ensures that higher level investors receive their share of profits before lower level investors.

• Waterfall distribution is commonly used in priv
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Q2. What is equalisation?
Ans. 
Equalisation is the process of making things equal or balanced.
• Equalisation is the act of ensuring fairness or balance in a particular situation.

• It can involve adjusting resources, opportunities, or treatment to achieve equality.

• For example, in education, equalisation may involve providing additional support to students from disadvantaged backgrounds.

• In finance, equalisation may refer to the process of distributing pro...read more
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Q1. PE life cycle , waterfall, Pcap
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Q1. Basics and bit advanced in Fund Accounting process.
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Q1. VP interview and discussion on process.
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