Northern Trust Interview Questions, Process, and Tips for Experienced

Q1. Accounting questions ask
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Q2. Income tax related tds section
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Q1. Whats capital markets
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Capital markets are financial markets where long-term debt or equity-backed securities are bought and sold.
• Capital markets facilitate the buying and selling of long-term financial instruments such as stocks and bonds.

• They provide a platform for companies and governments to raise funds for various projects or operations.

• Investors can trade securities in the capital markets to earn returns on their investments.

• Examples o...read more
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There was internal error in testing software, questions were basic

Q1. They asked questions on private equity fund accounting process and hedge fund accounting.
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Q2. Asked financial related questions on corporate actions and it's types in detailed
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Q3. Difference between PE and Hegde fund accounting
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PE accounting focuses on long-term investments in private companies, while hedge fund accounting deals with short-term investments in public markets.
• PE accounting involves valuing illiquid assets based on fair value, while hedge fund accounting focuses on marking-to-market liquid assets.

• PE funds typically have longer investment horizons and less frequent valuations compared to hedge funds.

• PE funds often use capital cal...read more
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Q4. Derivative and it's types
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Derivative is a financial instrument whose value is derived from an underlying asset or security.
• Types of derivatives include options, futures, forwards, and swaps.

• Derivatives are used for hedging, speculation, and arbitrage.

• Example: A call option on a stock gives the holder the right to buy the stock at a specified price within a certain time frame.
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Q1. Explain difference between concurrent hashmap and hashmap
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ConcurrentHashMap allows multiple threads to read and write concurrently, while HashMap is not thread-safe.
• ConcurrentHashMap allows multiple threads to read and write concurrently without the need for external synchronization, making it suitable for high-concurrency applications.

• HashMap is not thread-safe and can lead to data corruption if accessed by multiple threads simultaneously without proper synchronization.

• Concu...read more
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Q1. Are you comfortable working in hybrid model
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Q1. How to create hash map of your own object present in list Overloading vs overriding Java 8 stream coding questions Hashcode and equal method use
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Creating a hash map of custom objects in a list, overloading vs overriding, Java 8 stream coding, and using hashcode and equals methods.
• To create a hash map of custom objects in a list, you can use a loop to iterate through the list and add each object to the map with a unique key.

• Overloading is having multiple methods in the same class with the same name but different parameters, while overriding is implementing a met...read more
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Q2. Java 8 all features and lambda plus stream program
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Q1. Prior experience and related to position scenario based questions
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Q1. About prior experience and product knowledge
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