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SCB Bank Associate Interview Questions and Answers

Updated 21 Jun 2024

SCB Bank Associate Interview Experiences

1 interview found

Associate Interview Questions & Answers

user image kalyan cb

posted on 21 Jun 2024

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

(1 Question)

  • Q1. IFRS 9 & IFRS 16 questions
Round 2 - Technical 

(1 Question)

  • Q1. Financial Statements
Round 3 - HR 

(1 Question)

  • Q1. Normal salqry discussion

Interview questions from similar companies

Interview experience
4
Good
Difficulty level
-
Process Duration
-
Result
-
Round 1 - One-on-one 

(3 Questions)

  • Q1. What do you know about IFRS 9
  • Ans. 

    IFRS 9 is an international financial reporting standard that addresses the classification and measurement of financial assets and liabilities.

    • IFRS 9 replaced IAS 39 and introduced a new classification and measurement approach for financial instruments.

    • It requires entities to classify financial assets based on their business model for managing the assets and their contractual cash flow characteristics.

    • IFRS 9 also includ...

  • Answered by AI
  • Q2. Your understanding of product control
  • Ans. 

    Product control involves monitoring and analyzing the financial performance of products within a company.

    • Monitoring revenue and expenses related to specific products

    • Analyzing profitability and cost efficiency of products

    • Identifying trends and making recommendations for product improvements

    • Ensuring compliance with financial regulations and reporting standards

    • Collaborating with various departments to gather data and insi

  • Answered by AI
  • Q3. Explain balance sheet substantiation
  • Ans. 

    Balance sheet substantiation involves verifying the accuracy and completeness of the items reported on a company's balance sheet.

    • Process of reconciling balance sheet accounts to ensure they accurately reflect the financial position of a company

    • Involves comparing account balances to supporting documentation such as bank statements, invoices, and contracts

    • Identifying and investigating any discrepancies or errors to ensur...

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

(3 Questions)

  • Q1. Explain Swap products
  • Ans. 

    Swap products are financial instruments where two parties agree to exchange cash flows or other financial assets.

    • Swap products involve two parties exchanging cash flows based on a predetermined set of terms

    • Common types of swap products include interest rate swaps, currency swaps, and commodity swaps

    • These products are often used by companies to manage risk or speculate on market movements

  • Answered by AI
  • Q2. What do know about Mccaulay duration
  • Q3. What do you know about front office and accouting pnl reco
  • Ans. 

    Front office and accounting P&L reconciliation involves comparing the profit and loss statements from both departments to ensure accuracy.

    • Front office is responsible for generating revenue through client interactions and trading activities.

    • Accounting is responsible for recording financial transactions and preparing financial statements.

    • P&L reconciliation involves comparing the revenue and expenses reported by the front...

  • Answered by AI
Interview experience
3
Average
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Not Selected

I applied via Referral and was interviewed in Dec 2023. There were 2 interview rounds.

Round 1 - Group Discussion 

Effects of social media in our life

Round 2 - One-on-one 

(2 Questions)

  • Q1. Explain your favorite advertise and why?
  • Q2. Commercialization good or bad?
  • Ans. 

    Commercialization can be both good and bad depending on the context and industry.

    • Commercialization can lead to increased accessibility of products and services to a wider audience.

    • It can drive innovation and competition in the market.

    • However, it may also prioritize profit over ethical considerations or public welfare.

    • Examples: Pharmaceutical industry commercializing life-saving drugs at high prices, tech companies comm

  • Answered by AI
Interview experience
4
Good
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Walk-in and was interviewed in Oct 2023. There was 1 interview round.

Round 1 - One-on-one 

(3 Questions)

  • Q1. Tell me abt yourself and communication skills
  • Q2. Tell me abt yourself and communication skills and positive approach
  • Q3. Should answer it honestly and communication Skills should be professional and should handle any roles given by organisation
Interview experience
4
Good
Difficulty level
-
Process Duration
-
Result
-
Round 1 - HR 

(1 Question)

  • Q1. Indrodution related
Interview experience
4
Good
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Job Portal and was interviewed in Nov 2022. There were 5 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 

(2 Questions)

  • Q1. Question on REST architecture and Java
  • Q2. Find output of java programs
  • Ans. 

    Java programs output can be determined by running the code and observing the console or log files.

    • Compile the Java code using a compiler like javac

    • Run the compiled code using the Java Virtual Machine (JVM)

    • Observe the output in the console or log files

    • Output can be text, numbers, or other data types

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

(4 Questions)

  • Q1. Basics of Spring Framework
  • Q2. Java 8 Features and uses
  • Ans. 

    Java 8 introduced several new features including lambda expressions, streams, and functional interfaces.

    • Lambda expressions allow for functional programming and simplify code

    • Streams provide a way to process collections of data in a functional way

    • Functional interfaces allow for the use of lambda expressions

    • Default methods allow for adding methods to interfaces without breaking existing implementations

    • Date and time API im

  • Answered by AI
  • Q3. Streams and their applications
  • Ans. 

    Streams are a sequence of data elements that can be processed in parallel or sequentially. They are used in various applications.

    • Streams are used for data processing, such as filtering, mapping, and reducing.

    • They are also used for I/O operations, such as reading and writing files or network sockets.

    • Streams can be parallelized to improve performance on multi-core systems.

    • Examples of stream-based APIs include Java 8 Stre

  • Answered by AI
  • Q4. Find second largest number using stream
  • Ans. 

    Using stream, find the second largest number.

    • Sort the stream in descending order and return the second element.

    • Use the reduce() method to compare and find the second largest number.

    • Create a priority queue and add elements to it. Pop the second largest element from the queue.

  • Answered by AI
Round 4 - One-on-one 

(2 Questions)

  • Q1. Spring Boot features and uses
  • Ans. 

    Spring Boot is a framework for building standalone, production-grade Spring-based applications.

    • Provides a simplified way to create Spring applications with minimal configuration

    • Includes an embedded Tomcat, Jetty or Undertow server for easy deployment

    • Supports auto-configuration, which automatically configures Spring based on dependencies

    • Offers a wide range of starter dependencies for common use cases

    • Enables easy integra...

  • Answered by AI
  • Q2. Questions on previous projects and technical challenges
Round 5 - HR 

(1 Question)

  • Q1. Salary structure and benefits were explained

Interview Preparation Tips

Topics to prepare for DBS Bank Associate interview:
  • Java 8
  • Spring Framework
Interview preparation tips for other job seekers - Most projects use java 8 features and spring framework, so brush up on these topics before the interview.

Skills evaluated in this interview

Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Naukri.com and was interviewed before Jul 2022. There were 3 interview rounds.

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 

(1 Question)

  • Q1. Basic testing concepts,Unix commands basic,SQL commands -joins,trade life cycle very important
Round 3 - Technical 

(1 Question)

  • Q1. Testing lifecycle concepts,basic SQL queries etc

Interview Preparation Tips

Interview preparation tips for other job seekers - It was testing...prepare with basic testing lifecycle,sdlc,trade lifecycle,jira,sql-joins,Unix basic commands,concepts of testing

I applied via Walk-in and was interviewed before Jan 2021. There were 4 interview rounds.

Interview Questionnaire 

2 Questions

  • Q1. Balance Sheet, Profit and Loss Account
  • Ans. Balance Sheet and Profit and Loss account are two tools for knowing the financial state of the company during a particular time period.
  • Answered Anonymously
  • Q2. Current Products
  • Ans. Solar water heater, Solar cooker, Natural water purifier.
  • Answered Anonymously

Interview Preparation Tips

Interview preparation tips for other job seekers - Know about the history and founder of the company. Also know about the basic accounting terms, the laters products, the current market position.
Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Coding Test 

Problem statement with some objectives type questions

Round 2 - Technical 

(2 Questions)

  • Q1. Write a program
  • Ans. 

    Program to sort an array of strings in alphabetical order

    • Use a sorting algorithm like bubble sort or quicksort

    • Compare adjacent strings and swap if necessary

    • Repeat until the array is sorted

  • Answered by AI
  • Q2. Explain different way to solve a particular problem
  • Ans. 

    One way to solve a problem is by breaking it down into smaller tasks and tackling them one by one.

    • Identify the main issue or goal of the problem

    • Break down the problem into smaller, more manageable tasks

    • Prioritize the tasks based on importance and urgency

    • Create a plan or strategy to address each task

    • Implement the plan and monitor progress

    • Adjust the plan as needed based on feedback and results

  • Answered by AI
Interview experience
2
Poor
Difficulty level
Moderate
Process Duration
4-6 weeks
Result
Selected Selected

I applied via Recruitment Consulltant and was interviewed in Dec 2022. There were 7 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Properly align and format text in your resume. A recruiter will have to spend more time reading poorly aligned text, leading to high chances of rejection.
View all tips
Round 2 - One-on-one 

(1 Question)

  • Q1. Full resume screening
Round 3 - One-on-one 

(1 Question)

  • Q1. Question on questions
Round 4 - One-on-one 

(1 Question)

  • Q1. Assurance of joining
Round 5 - One-on-one 

(1 Question)

  • Q1. Re-Assuarance of results
  • Ans. 

    Reassuring the interviewer about the reliability of the results

    • Highlight the thoroughness of the process followed to obtain the results

    • Mention any quality control measures implemented to ensure accuracy

    • Provide examples of successful outcomes or positive feedback received

    • Discuss any certifications or accreditations that validate the results

  • Answered by AI
Round 6 - One-on-one 

(1 Question)

  • Q1. Final assurance of achieving of Target
  • Ans. 

    Final assurance of achieving target is through continuous monitoring, adjusting strategies, and team collaboration.

    • Regularly track progress towards the target

    • Analyze data to identify areas of improvement

    • Adjust strategies based on feedback and results

    • Collaborate with team members to ensure everyone is aligned and working towards the same goal

  • Answered by AI
Round 7 - HR 

(1 Question)

  • Q1. Salary negotiation

Interview Preparation Tips

Interview preparation tips for other job seekers - You need to have in depth knowledge of your existing work

SCB Bank Interview FAQs

How many rounds are there in SCB Bank Associate interview?
SCB Bank interview process usually has 3 rounds. The most common rounds in the SCB Bank interview process are Technical and HR.
How to prepare for SCB Bank Associate interview?
Go through your CV in detail and study all the technologies mentioned in your CV. Prepare at least two technologies or languages in depth if you are appearing for a technical interview at SCB Bank. The most common topics and skills that interviewers at SCB Bank expect are Ca, Corporate Finance, Financial Modelling and MA.
What are the top questions asked in SCB Bank Associate interview?

Some of the top questions asked at the SCB Bank Associate interview -

  1. IFRS 9 & IFRS 16 questi...read more
  2. Normal salqry discuss...read more
  3. Financial Stateme...read more

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SCB Bank Associate Interview Process

based on 1 interview

Interview experience

5
  
Excellent
View more
SCB Bank Associate Salary
based on 4 salaries
₹9.1 L/yr - ₹17 L/yr
61% more than the average Associate Salary in India
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