Northern Trust Team Lead Interview Questions and Answers for Experienced

Derivatives are financial instruments whose value is derived from an underlying asset. Capital market refers to the market for long-term securities. Money market deals with short-term borrowing and lending.

• Derivatives are contracts between two parties that derive their value from an underlying asset, such as stocks, bonds, commodities, or currencies.

• Capital market is where long-term securities like stocks and bonds are...read more

A bond is a debt security that represents a loan made by an investor to a borrower.

• Bonds are issued by corporations, municipalities, and governments to raise capital.

• They have a fixed interest rate and a maturity date when the principal is repaid.

• Bonds are generally considered less risky than stocks but offer lower potential returns.

• Investors can buy and sell bonds on the secondary market.

• Examples of bonds include U.S....read more

Fund Accounting is a specialized accounting system used by non-profit organizations and government agencies to track and manage funds.

• It involves tracking and reporting on the financial activity of specific funds or grants.

• It ensures that funds are used for their intended purposes and that financial reports are accurate and transparent.

• Examples include tracking donations to a non-profit organization or managing governm...read more

Markets offer dynamic and challenging environments that require constant adaptation and innovation.

• Markets provide opportunities for growth and expansion

• Competition in markets drives innovation and efficiency

• Markets offer diverse career paths and opportunities for personal development