SIB Operations and Services Credit Processing Associate Interview Questions and Answers

Easy to Moderate questions mostly LR, QA and verbal

Q1. Fiscal Policy, Monetary Policy, Golden Rules of Accounting, Fixed Income Markets
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Q1. GST, GDP, Microeconomics and Macroeconomics
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Q1. Behavioural questions
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Q1. About day to day work role at current company ?
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Q2. Questions on ratio analysis ?
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Q1. Risk management
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Q2. Credit analysis
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Finance, economics and quants based test

Q1. Question about market
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Q1. Sector performance, financial statements
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Q1. Free cash flow, cash flow from operating activities, financials ratios, PD, LGD, etc Calculation of EBITDa
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Q2. Calculation of equity
Ans. 
Equity is calculated by subtracting liabilities from assets.
• Equity represents the residual value of a company's assets after deducting liabilities.

• It is calculated by subtracting total liabilities from total assets.

• Equity can also be calculated as the sum of share capital and retained earnings.

• For example, if a company has total assets of $1 million and total liabilities of $500,000, its equity would be $500,000.

• Equity...read more
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Q3. Where do you see yourself 5 years down the line
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Q1. Short introduction about you ?
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Q2. What are three statements ?
Ans. 
Three financial statements used by companies to assess their financial performance.
• Income Statement: Shows a company's revenues, expenses, and profits over a specific period of time.

• Balance Sheet: Provides a snapshot of a company's financial position at a specific point in time, showing assets, liabilities, and equity.

• Cash Flow Statement: Details the cash inflows and outflows of a company, helping to assess its liquidi
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Q1. 5 Cs of credit analysis
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The 5 Cs of credit analysis are character, capacity, capital, collateral, and conditions.
• Character refers to the borrower's reputation and credit history.

• Capacity assesses the borrower's ability to repay the loan based on income and existing debts.

• Capital looks at the borrower's assets and net worth.

• Collateral is the property or assets that can be used as security for the loan.

• Conditions consider the economic environme
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Q2. What is Covenant ?
Ans. 
Covenant is a financial agreement between a borrower and a lender that outlines the terms and conditions of a loan.
• Covenants are designed to protect the lender by ensuring the borrower meets certain financial ratios or performance metrics.

• There are two main types of covenants: affirmative covenants (requirements the borrower must meet) and negative covenants (restrictions on the borrower's actions).

• Examples of covenant...read more
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Q1. Questions related to cash flow statement, balance sheet and ratio analysis other technical terms are tangible networth, cash conversion cycle, impairment, minority interst.
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Q2. What is correlation between balance sheet and profit and loss account
Ans. 
The balance sheet and profit and loss account are interrelated financial statements that provide a comprehensive view of a company's financial health.
• The balance sheet shows a company's assets, liabilities, and equity at a specific point in time, while the profit and loss account shows a company's revenues, expenses, and net income over a period of time.

• Changes in the balance sheet can impact the profit and loss accoun...read more
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Basic Quant, logical reasoning and a small case study based questions

Q1. They can possibly test you around the following concepts 1. Financial Statements concepts 2. Clarity on Cash flow and P&L line items and their effects 3. Any one/two Sector Knowledge 4. Financial Ratios
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