Northern Trust Operating Services Interview Questions and Answers

Q1. Can you describe your day-to-day activities?
Ans. 
As a Senior Analyst, my day-to-day activities involve conducting data analysis, creating reports, presenting findings to stakeholders, and providing insights for decision-making.
• Conducting data analysis on various datasets

• Creating reports based on analysis findings

• Presenting findings to stakeholders

• Providing insights and recommendations for decision-making

• Collaborating with team members on projects
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Q2. What is the concept of swing trading in the financial markets?
Ans. 
Swing trading is a trading strategy that aims to capture short- to medium-term gains in a stock or financial instrument.
• Swing traders typically hold a position for a few days to several weeks, as opposed to day traders who hold positions for just a few hours.

• They aim to profit from the 'swings' or price movements in the market, buying at support levels and selling at resistance levels.

• Swing trading involves analyzing t...read more
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Reasoning and quants

Q1. What is custody services
Ans. 
Custody services involve safeguarding and managing financial assets on behalf of clients.
• Custody services typically include safekeeping of assets, settlement of trades, and collection of dividends and interest.

• Custodians may also provide reporting, tax support, and other administrative services to clients.

• Examples of custody service providers include banks, brokerage firms, and trust companies.
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Q2. Difference between Future and Forward contracts
Ans. 
Future contracts are standardized and traded on exchanges, while forward contracts are customized and traded over-the-counter.
• Future contracts are traded on exchanges, while forward contracts are traded over-the-counter.

• Future contracts are standardized in terms of contract size, expiration date, and settlement, while forward contracts are customized based on the needs of the parties involved.

• Future contracts are marke...read more
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Q1. What are options
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Options are financial instruments that give the holder the right, but not the obligation, to buy or sell an asset at a specified price within a specific time period.
• Options can be call options, which give the holder the right to buy an asset at a specified price, or put options, which give the holder the right to sell an asset at a specified price.

• Options have an expiration date, after which they are no longer valid.

• Th...read more
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Q1. What is Global traffic manager
Ans. 
Global Traffic Manager is a network device that directs client requests to the most appropriate server based on factors like server availability and load.
• Global Traffic Manager (GTM) is a type of load balancer used to manage traffic across multiple servers or data centers.

• It helps optimize the performance and availability of applications by distributing client requests to the most suitable server.

• GTM can perform functi...read more
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Q2. What is Local traffic manager
Ans. 
Local Traffic Manager is a network device or software that manages traffic within a local network.
• Local Traffic Manager (LTM) is a type of load balancer that distributes incoming network traffic across multiple servers to ensure optimal resource utilization.

• It helps improve application performance, availability, and security by intelligently routing traffic based on various factors such as server health, load, and prox...read more
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Q1. What is Business continuity management
Ans. 
Business continuity management is a process that helps organizations prepare for and recover from potential threats or disruptions.
• Involves identifying potential risks and developing plans to mitigate them

• Ensures critical functions can continue during and after a disaster

• Includes testing and updating plans regularly to ensure effectiveness
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Q2. What is resiliency
Ans. 
Resiliency is the ability to bounce back from challenges, setbacks, and adversity.
• Resiliency involves adapting to change and overcoming obstacles

• It is about maintaining a positive attitude and mindset during difficult times

• Building resiliency involves developing coping strategies and seeking support from others
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Q2. Why should we hire you
Ans. 
I have the experience, skills, and leadership qualities needed to effectively lead a team towards success.
• I have a proven track record of successfully leading teams in previous roles.

• I possess strong communication and interpersonal skills, which are essential for effective team leadership.

• I am highly organized and able to prioritize tasks to ensure team goals are met.

• I am proactive in identifying and addressing challen...read more
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