Northern Trust Senior Associate Interview Questions and Answers for Experienced

I am a highly experienced Senior Associate with a strong background in finance and project management.

• Over 10 years of experience in finance and project management

• Proven track record of successfully leading and delivering complex projects

• Expertise in financial analysis, budgeting, and forecasting

• Strong communication and leadership skills

• Ability to work effectively in cross-functional teams

• Managed a team of 15 professio...read more

I am motivated by the opportunity to make a positive impact and the satisfaction of achieving goals.

• Making a positive impact: I am driven by the desire to contribute to the success of the organization and make a difference in people's lives.

• Achieving goals: I find motivation in setting ambitious goals and working hard to accomplish them. The sense of accomplishment fuels my drive to excel.

• Recognition and growth: I am m...read more

My strength is my ability to adapt and learn quickly. My weaknesses include being overly critical of myself and sometimes struggling with delegation.

• Strength: Adaptability and quick learning

• Weakness: Self-criticism and delegation

• Strength example: I have successfully taken on various roles and responsibilities in my previous positions, quickly adapting to new tasks and environments.

• Weakness example: I tend to be overly ...read more

Handling feedback involves active listening, acknowledging the feedback, and taking appropriate action.

• Listen actively and attentively to the feedback without interrupting

• Acknowledge the feedback and thank the person for sharing it

• Reflect on the feedback and take appropriate action to address any issues

• Ask for clarification or examples if needed

• Avoid becoming defensive or dismissive of the feedback

I handle stress at work by practicing time management, seeking support from colleagues, and engaging in stress-relieving activities.

• I prioritize tasks and create a schedule to manage my time effectively.

• I communicate with my colleagues and seek their assistance or advice when needed.

• I engage in stress-relieving activities such as exercise, meditation, or hobbies to maintain a healthy work-life balance.

• I also practice d...read more

Trade breaks for nostro and position refer to discrepancies in trade details between internal records and external counterparties.

• Trade breaks can occur due to errors in trade execution, confirmation, or settlement processes.

• Nostro breaks refer to discrepancies in cash or securities balances with external banks or financial institutions.

• Position breaks occur when there are discrepancies in the reported positions of sec...read more