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Northern Trust Senior Associate Interview Questions and Answers

Updated 20 Oct 2023

Northern Trust Senior Associate Interview Experiences

2 interviews found

Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
2-4 weeks
Result
Selected Selected

I applied via Company Website and was interviewed before Oct 2022. There were 3 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Keep your resume crisp and to the point. A recruiter looks at your resume for an average of 6 seconds, make sure to leave the best impression.
View all tips
Round 2 - Technical 

(3 Questions)

  • Q1. Hedge fund basics, Reconcilation
  • Q2. Trade breaks for nostro and position
  • Ans. 

    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...

  • Answered by AI
  • Q3. Highwatermark and performance fres
Round 3 - HR 

(1 Question)

  • Q1. Salary discussion
Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Don’t add your photo or details such as gender, age, and address in your resume. These details do not add any value.
View all tips
Round 2 - Technical 

(4 Questions)

  • Q1. Tell something about yourself
  • Ans. 

    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...

  • Answered by AI
  • Q2. What motivates you in your work
  • Ans. 

    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...

  • Answered by AI
  • Q3. Tell your strength and weaknesses
  • Ans. 

    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 ...

  • Answered by AI
  • Q4. How to handle feedback
  • Ans. 

    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

  • Answered by AI
Round 3 - HR 

(1 Question)

  • Q1. How do you handle stress at work
  • Ans. 

    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...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - HR round is very simple and straight forward, no need to do any extra preparation

Interview questions from similar companies

Interview experience
4
Good
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Not Selected

I applied via Approached by Company and was interviewed in Jul 2024. There was 1 interview round.

Round 1 - Technical 

(2 Questions)

  • Q1. Projects done in previous companies.
  • Q2. Basic Classical ML questions, bagging boosting, evaluation metrics etc
Interview experience
3
Average
Difficulty level
Hard
Process Duration
2-4 weeks
Result
Selected Selected

I applied via Company Website and was interviewed in Aug 2024. There were 3 interview rounds.

Round 1 - One-on-one 

(7 Questions)

  • Q1. Work experience and relevance of your resume for Amex
  • Ans. 

    My work experience includes roles in financial services and consulting, providing me with relevant skills for Amex.

    • I have worked in financial services for 5+ years, including roles at a major bank and a fintech startup.

    • I have experience in consulting, where I worked on projects related to financial analysis and strategy development.

    • My resume highlights my expertise in financial modeling, data analysis, and client relat...

  • Answered by AI
  • Q2. Why change to Amex? What attracted you the most about Amex?
  • Ans. 

    I changed to Amex for its reputation for innovation, strong company culture, and opportunities for growth.

    • Reputation for innovation in the financial industry

    • Strong company culture focused on employee development and diversity

    • Opportunities for career growth and advancement within the company

  • Answered by AI
  • Q3. Technology questions such as how API works and your experience in working with data?
  • Q4. How you used data management and analytics in your last role?
  • Ans. 

    I utilized data management and analytics to track project progress, identify trends, and make data-driven decisions.

    • Implemented data management systems to organize and store project data efficiently

    • Utilized analytics tools to analyze project performance and identify areas for improvement

    • Generated reports and dashboards to track key metrics and communicate findings to stakeholders

    • Used data insights to make informed deci

  • Answered by AI
  • Q5. How you can make business decisions from data in your last role?
  • Ans. 

    I used data analysis tools to identify trends, patterns, and correlations to inform strategic business decisions.

    • Utilized data visualization tools to present key findings to stakeholders

    • Conducted regression analysis to predict future outcomes based on historical data

    • Collaborated with cross-functional teams to gather and analyze data from multiple sources

  • Answered by AI
  • Q6. How you solved any disagreement with your boss in last role?
  • Ans. 

    I always approach disagreements with a focus on finding common ground and maintaining open communication.

    • Listen actively to understand the boss's perspective

    • Express my own perspective calmly and respectfully

    • Seek a compromise or solution that benefits both parties

    • Follow up to ensure the issue is fully resolved

  • Answered by AI
  • Q7. How will you approach different teams with requirements as a product manager?
  • Ans. 

    I will approach different teams with requirements by understanding their unique needs, building relationships, and communicating effectively.

    • Understand the goals and priorities of each team to tailor requirements accordingly

    • Build relationships with key stakeholders to gain buy-in and support

    • Communicate clearly and regularly to ensure alignment and address any concerns

    • Collaborate with cross-functional teams to ensure al

  • Answered by AI
Round 2 - One-on-one 

(4 Questions)

  • Q1. Logical Questions - Check out Geeks for Geeks Puzzles and memorise them all or atleast understand logic for each
  • Q2. 3 ants around a triangle problem
  • Q3. Find top 3 horses from 25 horses set
  • Ans. 

    To find the top 3 horses from a set of 25 horses, we can sort them based on their performance or rankings.

    • Sort the horses based on their performance or rankings

    • Select the top 3 horses from the sorted list

    • Consider factors like speed, endurance, and previous race results

  • Answered by AI
  • Q4. How will you approach conflicts at workplace?
  • Ans. 

    I approach conflicts at workplace by actively listening, understanding all perspectives, and finding a mutually beneficial solution.

    • Actively listen to all parties involved in the conflict

    • Seek to understand the root cause of the conflict

    • Encourage open communication and dialogue

    • Find a mutually beneficial solution that addresses the concerns of all parties

    • Mediate if necessary to facilitate resolution

  • Answered by AI
Round 3 - One-on-one 

(4 Questions)

  • Q1. Behavioural questions
  • Q2. How will you manage work life balance?
  • Ans. 

    I prioritize tasks, set boundaries, delegate when necessary, and make time for self-care.

    • Prioritize tasks based on deadlines and importance

    • Set boundaries by establishing work hours and sticking to them

    • Delegate tasks to team members when overwhelmed

    • Schedule time for self-care activities like exercise, hobbies, and relaxation

    • Communicate with supervisors and colleagues about workload and availability

  • Answered by AI
  • Q3. What are the 3 pillars of data management?
  • Ans. 

    The 3 pillars of data management are data quality, data governance, and data security.

    • Data quality ensures that data is accurate, complete, and reliable.

    • Data governance involves establishing policies and procedures for managing data assets.

    • Data security focuses on protecting data from unauthorized access or breaches.

  • Answered by AI
  • Q4. How will you solve disputes and disagreements with your manager?
  • Ans. 

    I will approach disputes with my manager by actively listening, seeking common ground, and proposing solutions collaboratively.

    • Actively listen to my manager's perspective and concerns

    • Seek common ground and areas of agreement

    • Propose solutions collaboratively, considering both perspectives

    • Maintain professionalism and respect throughout the discussion

    • Seek feedback and learn from the experience to prevent future conflicts

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Stay in touch with HR because their process is long and needs many approvals before you can join the company but worth every minute and effort because the company is top notch

Skills evaluated in this interview

Interview experience
4
Good
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Technical 

(3 Questions)

  • Q1. Write a list comprehension for finding even numbers from 0 to 11
  • Ans. 

    List comprehension to find even numbers from 0 to 11

    • Use list comprehension with condition for even numbers

    • Syntax: [x for x in range(12) if x % 2 == 0]

    • Example: ['0', '2', '4', '6', '8', '10']

  • Answered by AI
  • Q2. Explain test driven development
  • Ans. 

    Test driven development is a software development process where tests are written before the actual code.

    • Write a failing test case based on requirements

    • Write the minimum code to pass the test

    • Refactor the code to improve quality and maintainability

    • Repeat the process for each new feature or change

  • Answered by AI
  • Q3. How did you perform testing? What are the unit testing modules that you have used?
  • Ans. 

    I performed testing by utilizing various unit testing modules such as JUnit and Mockito.

    • Utilized JUnit for testing individual units of code

    • Used Mockito for mocking dependencies in unit tests

    • Implemented test cases to ensure proper functionality and identify bugs

  • Answered by AI
Round 2 - Behavioral 

(2 Questions)

  • Q1. Explain your overall experience so far. Reason for jumping between jobs and what did you do in each of the company?
  • Ans. 

    I have diverse experience in various industries, seeking growth opportunities and challenges.

    • Worked in finance, healthcare, and technology industries

    • Focused on project management, data analysis, and client relations

    • Seeking opportunities for professional growth and development

  • Answered by AI
  • Q2. What is your expected compensation?
  • Ans. 

    My expected compensation is based on my experience, skills, and the market rate for Senior Associates in this industry.

    • Research the average salary range for Senior Associates in the industry

    • Consider my years of experience and relevant skills when determining my expected compensation

    • Be open to negotiation based on the overall compensation package offered

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - The team I worked on works on UK timings. The manager told that they are strict about timing and it appeared like you have no other option than sticking to 1 to 10 timing. If you are OK for this timing, this is best suited for you. Otherwise, please think and find some other better company.

Skills evaluated in this interview

Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Assignment 

100 marks assignment

Round 2 - Technical 

(2 Questions)

  • Q1. Technical questions were asked by manager
  • Q2. Capital market , financial market
Round 3 - HR 

(1 Question)

  • Q1. Salary discussion
Interview experience
4
Good
Difficulty level
Moderate
Process Duration
-
Result
Selected Selected
Round 1 - One-on-one 

(2 Questions)

  • Q1. Option pricing model- BSM assumptions and explanation
  • Ans. 

    Black-Scholes-Merton (BSM) model is a mathematical model used for pricing options.

    • BSM model assumes constant risk-free rate, constant volatility, and lognormal distribution of stock prices.

    • It assumes no dividends are paid during the option's life.

    • The model assumes the option can only be exercised at expiration.

    • The underlying stock follows a geometric Brownian motion.

    • The model is used to calculate the theoretical price ...

  • Answered by AI
  • Q2. Explain options and it’s pricing
  • Ans. 

    Options are financial instruments that give the holder the right, but not the obligation, to buy or sell an underlying asset at a specified price within a specific time period.

    • Options can be call options or put options

    • Call options give the holder the right to buy the underlying asset at a specified price within a specific time period

    • Put options give the holder the right to sell the underlying asset at a specified price...

  • Answered by AI
Round 2 - One-on-one 

(2 Questions)

  • Q1. Why is ATM option delta 0.5
  • Ans. 

    ATM option delta is 0.5 because it represents a 50% chance of the option expiring in-the-money.

    • ATM option delta is 0.5 because it is at-the-money, meaning the option strike price is equal to the current underlying asset price.

    • Delta measures the sensitivity of an option's price to changes in the underlying asset price.

    • A delta of 0.5 indicates a 50% probability of the option expiring in-the-money.

    • ATM options have the hig...

  • Answered by AI
  • Q2. Current affairs on interest rate

Interview Preparation Tips

Interview preparation tips for other job seekers - 1. Options - pricing in detail
2. BSM model - assumptions and variables
Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Technical 

(1 Question)

  • Q1. More questions on Automation, Ruby, Java Selenium
Round 2 - One-on-one 

(1 Question)

  • Q1. Management level questions
Round 3 - HR 

(1 Question)

  • Q1. Salary expectation to the marketplace
Interview experience
1
Bad
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
No response

I applied via LinkedIn and was interviewed in Dec 2023. There was 1 interview round.

Round 1 - HR 

(4 Questions)

  • Q1. Basic informative questions
  • Q2. About subject knowledge
  • Q3. Refinance and types
  • Q4. Some other technical

Interview Preparation Tips

Interview preparation tips for other job seekers - I had recently had an interview for Wells Fargo.
The lead was Gharima was taking my interview, she has No subject knowledge, zero interview ethics.
She asked me a question regarding refinance and i didn't understand so asked to let me know what it is exactly, she said she had no idea of what she is asking, it'sjust few questions on her laptop with Googled answers
Interview experience
4
Good
Difficulty level
Moderate
Process Duration
2-4 weeks
Result
No response

I applied via Job Portal and was interviewed in Mar 2024. There were 2 interview rounds.

Round 1 - Coding Test 

Be through with all DSA questions

Round 2 - Technical 

(1 Question)

  • Q1. Technical questions based on profile

Northern Trust Interview FAQs

How many rounds are there in Northern Trust Senior Associate interview?
Northern Trust interview process usually has 3 rounds. The most common rounds in the Northern Trust interview process are Resume Shortlist, Technical and HR.
What are the top questions asked in Northern Trust Senior Associate interview?

Some of the top questions asked at the Northern Trust Senior Associate interview -

  1. How to handle feedb...read more
  2. Trade breaks for nostro and posit...read more
  3. Highwatermark and performance f...read more

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Northern Trust Senior Associate Salary
based on 133 salaries
₹7.8 L/yr - ₹33 L/yr
106% more than the average Senior Associate Salary in India
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Northern Trust Senior Associate Reviews and Ratings

based on 22 reviews

3.3/5

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3.2

Skill development

3.5

Work-Life balance

3.5

Salary & Benefits

3.6

Job Security

3.4

Company culture

3.1

Promotions/Appraisal

3.1

Work Satisfaction

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