Northern Trust Operating Services Interview Questions, Process, and Tips

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

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

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

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

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

Application security as per ISO focuses on protecting applications from threats and vulnerabilities.

• ISO 27001 provides guidelines for implementing an effective application security program

• Application security involves measures such as secure coding practices, regular security testing, and vulnerability management

• Examples of application security tools include web application firewalls, static code analysis tools, and pe

Service Now is a cloud-based platform that provides IT service management, allowing organizations to manage IT services efficiently.

• Service Now follows a hierarchical structure with modules, tables, and records.

• Modules are high-level containers for applications and functionality.

• Tables store data related to specific modules, such as incident, change, or problem.

• Records are individual entries within tables, representing...read more

Corporate Actions in rights bonus involve issuing additional shares to existing shareholders at a discounted price.

• Rights bonus is a type of corporate action where existing shareholders are given the right to purchase additional shares at a discounted price.

• This is done to reward existing shareholders and to increase the company's capital base.

• Shareholders can either exercise their rights to buy the additional shares o...read more

The cash flow statement is a financial statement that shows the inflows and outflows of cash in a company over a specific period.

• It provides information about the cash generated from operating activities, investing activities, and financing activities.

• Operating activities include cash received from sales, payment to suppliers, and payment to employees.

• Investing activities include cash used for purchasing or selling ass...read more

The golden rules of accounting are fundamental principles that guide the recording of financial transactions.

• The first golden rule is the Debit and Credit rule, which states that for every debit entry, there must be a corresponding credit entry.

• The second golden rule is the Real Account rule, which states that assets have a debit balance, while liabilities and equity have a credit balance.

• The third golden rule is the N...read more

Equity represents ownership in a company, while a bond is a debt instrument issued by a company or government.

• Equity represents ownership in a company, giving shareholders the right to vote and receive dividends.

• Bonds are debt instruments where investors lend money to a company or government in exchange for periodic interest payments and the return of principal at maturity.

• Equity holders have a higher risk and potentia...read more

I have written a research paper on the impact of interest rates on stock market performance.

• Researched and analyzed the relationship between interest rates and stock market performance

• Collected and analyzed historical data on interest rates and stock market indices

• Conducted statistical analysis to identify correlations and trends

• Examined the impact of interest rate changes on different sectors of the stock market

• Provid...read more