Master Trust Senior Manager Interview Questions and Answers

A problem on portfolio optimization was given.

Q1. What is p-value and A/B testing
Ans. 
P-value is a statistical measure that helps determine the significance of results in hypothesis testing. A/B testing is a method of comparing two versions of a webpage or app to see which one performs better.
• P-value is the probability of obtaining a result as extreme or more extreme than the observed result, assuming the null hypothesis is true.

• A/B testing involves randomly dividing a sample into two groups and exposin...read more
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Q2. ARMA, ARIMA and stationarity in time series.
Ans. 
ARMA and ARIMA are models used for time series analysis. Stationarity refers to the statistical properties of a time series remaining constant over time.
• ARMA stands for Autoregressive Moving Average model and is used to model stationary time series data.

• ARIMA stands for Autoregressive Integrated Moving Average model and is used to model non-stationary time series data.

• Stationarity is an important concept in time series...read more
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Q1. Tell me something about yourself
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Q1. Job handling related questions
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Q1. About DB schema design
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Q2. Design patterns you have used
Ans. 
I have used design patterns such as Singleton, Factory, and Observer in my projects.
• Singleton pattern ensures a class has only one instance and provides a global point of access to it.

• Factory pattern creates objects without specifying the exact class of object that will be created.

• Observer pattern defines a one-to-many dependency between objects so that when one object changes state, all its dependents are notified and
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Q1. Managerial round. Scenario based questions like how to find rca for slowness in web application.
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Q1. Risk & Surveillance related question.
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Q2. Rms process related questions.
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Q1. Tell me something about yourself
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Q2. What do you know about broking industry
Ans. 
The broking industry involves facilitating transactions between buyers and sellers in financial markets.
• Brokers act as intermediaries between buyers and sellers in various markets such as stocks, real estate, and insurance.

• They help clients make informed decisions by providing market research, analysis, and advice.

• Brokers earn commissions or fees for their services.

• Regulations govern the operations of brokers to ensure...read more
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Q3. Do you invest/trade?
Ans. 
Yes, I have experience investing and trading in various financial markets.
• I have been actively investing in stocks, bonds, and mutual funds for the past 10 years.

• I also have experience trading options and futures contracts.

• I stay updated on market trends and economic indicators to make informed investment decisions.

• I have successfully managed my personal investment portfolio and have achieved above-average returns.

• I am...read more
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Q4. Which broking app do you use?
Ans. 
I use the Robinhood app for broking.
• User-friendly interface

• Commission-free trading

• Access to a wide range of stocks and ETFs
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Q5. What do you like about the app? What do you dislike?
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