Northern Trust Operating Services Assistant Vice President Interview Questions and Answers

CRD stands for Create, Read, Update, Delete. It is a common acronym used in database management to refer to the basic operations that can be performed on data.

• Create - Adding new data to the database

• Read - Retrieving existing data from the database

• Update - Modifying existing data in the database

• Delete - Removing data from the database

Fix is significant as it refers to repairing or correcting something to ensure it functions properly.

• Fixing errors or bugs in software development is crucial for the program to work correctly.

• In the context of maintenance, fixing equipment promptly can prevent costly breakdowns.

• Fixing relationships or misunderstandings can lead to improved communication and harmony.

• Fixing a leaky faucet can save water and prevent water

Liquidity risk refers to the risk that a company or financial institution may not be able to meet its short-term financial obligations.

• Liquidity risk is the risk that an entity may not have enough liquid assets to meet its short-term liabilities.

• It can arise from mismatches between assets and liabilities, sudden withdrawals of funds, or inability to sell assets quickly.

• Examples include a bank facing a sudden surge in w...read more