Morgan Stanley Operations Support Specialist Interview Questions and Answers

Q1. I was recruited through campus selection and normal behavioural questions and some questions on custodian banking
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Q1. Basic accounting questions
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Q2. Basic of accounting
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Q3. Financial markets
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Quite easy nothing to worry about

Q1. Why do you want to join JPMC
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Q1. What is accounting?
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Accounting is the process of recording, summarizing, analyzing, and reporting financial transactions of a business.
• Involves recording financial transactions

• Summarizing financial data in financial statements

• Analyzing financial information to make business decisions

• Reporting financial results to stakeholders

• Examples: preparing balance sheets, income statements, cash flow statements
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Q2. Record of financial transaction
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A record of financial transaction is a detailed account of all the financial activities of an individual or organization.
• Includes details such as date, amount, description, and parties involved

• Used for tracking income, expenses, and overall financial health

• Can be in the form of bank statements, receipts, invoices, or accounting software reports
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General aptitude to check on our ability to manage time and knowledgeable.

Q1. Can you share your previous experience and what you've been studying?
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Q2. What do you bring in if we decide to put you in this role?
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Q1. Related to fund accounting
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Q1. Explain Derivatives and its types with examples
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Derivatives are financial instruments whose value is derived from an underlying asset or group of assets.
• Derivatives can be classified into four main types: futures, forwards, options, and swaps.

• Futures contracts are agreements to buy or sell an asset at a specific price on a future date.

• Forwards are similar to futures but are customized contracts between two parties.

• Options give the holder the right, but not the oblig...read more
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Q2. What is collateral and how will you manage if collateral dispute arise
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Collateral is an asset or property that a borrower offers to a lender as security for a loan.
• Collateral can include real estate, vehicles, equipment, or financial assets.

• In case of a collateral dispute, it is important to review the loan agreement and documentation to determine the rights and responsibilities of both parties.

• Communication with all parties involved is key to resolving the dispute amicably.

• If necessary, ...read more
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Q3. What is margin call and how does same day settlement works ?
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Margin call is a demand by a broker for an investor to deposit more money or securities into their account to cover potential losses.
• Margin call occurs when the value of securities in an investor's account falls below a certain level, triggering the need for additional funds.

• Investors must either deposit more funds or sell securities to meet the margin call.

• Same day settlement refers to the process of completing a fina...read more
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Q1. Given me situation with a question of how will i handle that situation with my decision making skills
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Q1. Just for formality
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Q1. How do you define doing the right thing?
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Q2. WHy JP Morgan Chase?
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