ManpowerGroup Banking Assistant Interview Questions and Answers

They ask about credit analysis

Q1. Ask About your company requirements and what skill need for your organisation
Ans. In my opinion i have technical skill on KYC and TM and AML
Answered Anonymously
Add your answer
Q2. You know money laundering and steps of money laundering?
Ans. 
Money laundering is the process of making illegally obtained money appear legal by passing it through a complex sequence of banking transfers or commercial transactions.
• Money laundering involves three main stages: placement, layering, and integration.

• Placement involves introducing the illegal funds into the financial system.

• Layering involves moving the funds around to make their origin harder to trace.

• Integration invol...read more
Answered by AI
View 1 more answer
Q3. Money laundering is the process of converting into black money to white money There are three steps like 1.Placement 2.layering 3.integration
Add your answer
Q4. Steps of money laundering?
Ans. 
Money laundering involves three main steps: placement, layering, and integration.
• Placement: The initial stage where illegal funds are introduced into the financial system.

• Layering: The process of separating the illegal funds from their original source through a series of complex financial transactions.

• Integration: The final stage where the laundered funds are reintroduced into the legitimate economy.

• Example: A criminal...read more
Answered by AI
View 1 more answer

Q1. What is depreciation
Ans. 
Depreciation is the allocation of the cost of a tangible asset over its useful life.
• Depreciation is a non-cash expense that reduces the value of an asset over time.

• It reflects the wear and tear, obsolescence, or decrease in value of the asset.

• Common methods of calculating depreciation include straight-line, double-declining balance, and units of production.

• Example: A company purchases a delivery truck for $50,000 with ...read more
Answered by AI
Add your answer
Q2. What is Balance sheet
Ans. 
Balance sheet is a financial statement that shows a company's assets, liabilities, and shareholders' equity at a specific point in time.
• Balance sheet provides a snapshot of a company's financial position.

• It consists of assets (what the company owns), liabilities (what the company owes), and shareholders' equity (the difference between assets and liabilities).

• The balance sheet equation is: Assets = Liabilities + Shareho...read more
Answered by AI
Add your answer

Q1. 1. Tell me about yours self in short
Ans. 
I am an experienced Investment Banking Associate with a strong background in financial analysis and deal execution.
• Worked at XYZ Investment Bank for 5 years

• Led multiple successful M&A transactions

• Proficient in financial modeling and valuation

• Strong analytical and problem-solving skills

• Excellent communication and presentation abilities
Answered by AI
Add your answer
Q2. 2. About your college life
Add your answer
Q3. 3. Different between net profit and gross profit
Ans. 
Net profit is the profit after all expenses including taxes, while gross profit is the profit before deducting expenses.
• Gross profit is the revenue minus the cost of goods sold

• Net profit is the gross profit minus all expenses including taxes

• Gross profit is used to calculate gross profit margin, while net profit is used to calculate net profit margin

• Example: A company has revenue of $100,000 and cost of goods sold of $6...read more
Answered by AI
Add your answer
Q4. 4. What is asset and type of asset
Ans. 
An asset is a resource with economic value that an individual, corporation, or country owns or controls with the expectation that it will provide future benefit.
• Assets can be tangible, such as property, equipment, or inventory, or intangible, such as patents, trademarks, or goodwill.

• They can also be current, such as cash or accounts receivable, or long-term, such as investments or real estate.

• Assets are typically class...read more
Answered by AI
Add your answer
Q5. 5. Account receivable
Add your answer

Q1. Tell me about urself
Add your answer
Q2. Basic accounting questions
Add your answer

Q1. Salary discussion
Add your answer

Q1. Tell about your self
Add your answer
Q2. Memorable moments in your life
Add your answer
Q3. Strength and weakness
Add your answer

Verbal and reasoning,synonyms, puzzles,MS office related questions

Q1. They given 20 mins time to search the own topic in your mobile and start typing they check the speed only
Add your answer

Q1. They asking are you convenient for Rotational shift tell about the company benefits and package details
Add your answer

Q1. Tell me about yourself
Add your answer

Arrays and Function

Q1. Salary Expectations
Add your answer

Basic GQ, IQ, Quants, Language related questions

Q1. What is Trade lifecycle
Ans. 
Trade lifecycle refers to the various stages involved in the execution and settlement of a trade.
• Trade initiation: The process begins with the decision to buy or sell a financial instrument.

• Order placement: The trade is then placed with a broker or through an electronic trading platform.

• Trade execution: The order is matched with a counterparty and the trade is executed.

• Confirmation: Both parties receive trade confirmat...read more
Answered by AI
View 2 more answers
Q2. How is primary market diffrent from secondary
Ans. 
Primary market is where new securities are issued and sold for the first time, while secondary market is where already issued securities are traded among investors.
• Primary market involves the sale of new securities by companies to raise capital.

• Secondary market involves the trading of already issued securities among investors.

• Primary market transactions occur between the issuer and the investor, while secondary market ...read more
Answered by AI
Add your answer
Q3. Explain what are OTC trades
Ans. 
OTC trades are private transactions between two parties without the involvement of an exchange.
• OTC stands for Over-The-Counter

• OTC trades are not regulated by an exchange

• OTC trades are negotiated directly between two parties

• OTC trades are typically used for derivatives, bonds, and other securities

• OTC trades are not publicly disclosed

• OTC trades can be more flexible than exchange-traded transactions
Answered by AI
Add your answer