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SS&C TECHNOLOGIES Financial Service Associate Interview Questions and Answers

Updated 23 Oct 2024

7 Interview questions

A Financial Service Associate was asked 8mo ago
Q. What is the formula for NAV, and what does NAV stand for?
Ans. 

NAV stands for Net Asset Value. It is a formula used to calculate the value of a mutual fund's assets minus its liabilities.

  • NAV = (Assets - Liabilities) / Number of outstanding shares

  • NAV is used to determine the price at which investors can buy or sell shares of a mutual fund

  • NAV is calculated at the end of each trading day

A Financial Service Associate was asked
Q. What are Mutual Funds?
Ans. 

Mutual funds are investment vehicles that pool money from multiple investors to purchase securities.

  • Investors buy shares in the mutual fund, which represents a portion of the fund's holdings

  • Mutual funds are managed by professional fund managers who make investment decisions on behalf of the investors

  • Mutual funds offer diversification, liquidity, and convenience to investors

  • Types of mutual funds include equity fund...

Financial Service Associate Interview Questions Asked at Other Companies

Q1. What is Investment banking? What is Capital market?
Q2. Types of mutual funds Examples of mutual funds
asked in CIBC
Q3. What I know about banking products & services
asked in HDFC Sales
Q4. What are the responsibilities of a financial services associate?
Q5. market global accounting mutual fund defination advantages
A Financial Service Associate was asked
Q. Types of mutual funds Examples of mutual funds
Ans. 

Mutual funds are investment vehicles that pool money from multiple investors to purchase securities.

  • Equity funds invest in stocks

  • Bond funds invest in fixed income securities

  • Money market funds invest in short-term, low-risk securities

  • Index funds track a specific market index

  • Sector funds invest in a specific industry

  • International funds invest in foreign markets

  • Balanced funds invest in a mix of stocks and bonds

  • Target...

A Financial Service Associate was asked
Q. What is Investment banking? What is Capital market?
Ans. 

Investment banking involves helping companies and governments raise capital by underwriting and issuing securities. Capital markets are where these securities are bought and sold.

  • Investment banking involves advising clients on mergers and acquisitions, as well as helping them raise capital through the issuance of securities.

  • Investment banks act as intermediaries between issuers of securities and investors.

  • Capital ...

A Financial Service Associate was asked
Q. Market global accounting mutual fund defination advantages
Ans. 

Global accounting mutual funds are diversified investment vehicles that invest in a variety of international securities.

  • Global accounting mutual funds provide investors with exposure to a diversified portfolio of international securities.

  • They offer the potential for higher returns and lower risk through diversification.

  • Investors can choose from a variety of global accounting mutual funds, each with its own investm...

🔥 Asked by recruiter 2 times
A Financial Service Associate was asked
Q. Golden Rules of Accounting
Ans. 

Golden rules of accounting are basic principles that guide the recording of financial transactions.

  • The first golden rule is to debit the receiver and credit the giver.

  • The second golden rule is to debit what comes in and credit what goes out.

  • The third golden rule is to debit expenses and losses and credit income and gains.

  • These rules ensure accuracy and consistency in financial reporting.

  • For example, when a company...

A Financial Service Associate was asked
Q. Experience previous buyer and seller nav
Ans. 

I have experience working with both buyers and sellers to navigate financial transactions.

  • I have assisted buyers in obtaining financing for their purchases, including mortgages and personal loans.

  • I have worked with sellers to facilitate the transfer of funds and ensure that all necessary paperwork is completed.

  • I am familiar with the legal and financial aspects of buying and selling, including taxes, fees, and regu...

Are these interview questions helpful?

SS&C TECHNOLOGIES Financial Service Associate Interview Experiences

4 interviews found

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

I applied via Company Website and was interviewed before Oct 2023. There was 1 interview round.

Round 1 - One-on-one 

(5 Questions)

  • Q1. Introductions of your
  • Q2. Basic accounting questions
  • Q3. Future goal 5 year
  • Q4. Knowledge about Stock market
  • Q5. Mutual fund knowledge
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
6-8 weeks
Result
Selected Selected

I applied via Naukri.com and was interviewed before Oct 2023. There was 1 interview round.

Round 1 - Technical 

(2 Questions)

  • Q1. NAV formula and full form
  • Ans. 

    NAV stands for Net Asset Value. It is a formula used to calculate the value of a mutual fund's assets minus its liabilities.

    • NAV = (Assets - Liabilities) / Number of outstanding shares

    • NAV is used to determine the price at which investors can buy or sell shares of a mutual fund

    • NAV is calculated at the end of each trading day

  • Answered by AI
  • Q2. Financial Statement analysis

Interview Preparation Tips

Interview preparation tips for other job seekers - Prepare on finance

I applied via Naukri.com and was interviewed in Feb 2022. There were 2 interview rounds.

Round 1 - HR 

(4 Questions)

  • Q1. What are your strengths and weaknesses?
  • Q2. What is your family background?
  • Q3. What are your salary expectations?
  • Q4. Tell me about yourself.
Round 2 - Technical 

(4 Questions)

  • Q1. What is Mutual Funds?
  • Ans. 

    Mutual funds are investment vehicles that pool money from multiple investors to purchase securities.

    • Investors buy shares in the mutual fund, which represents a portion of the fund's holdings

    • Mutual funds are managed by professional fund managers who make investment decisions on behalf of the investors

    • Mutual funds offer diversification, liquidity, and convenience to investors

    • Types of mutual funds include equity funds, bo...

  • Answered by AI
  • Q2. Types of mutual funds Examples of mutual funds
  • Ans. 

    Mutual funds are investment vehicles that pool money from multiple investors to purchase securities.

    • Equity funds invest in stocks

    • Bond funds invest in fixed income securities

    • Money market funds invest in short-term, low-risk securities

    • Index funds track a specific market index

    • Sector funds invest in a specific industry

    • International funds invest in foreign markets

    • Balanced funds invest in a mix of stocks and bonds

    • Target-date...

  • Answered by AI
  • Q3. What is Investment banking? What is Capital market?
  • Ans. 

    Investment banking involves helping companies and governments raise capital by underwriting and issuing securities. Capital markets are where these securities are bought and sold.

    • Investment banking involves advising clients on mergers and acquisitions, as well as helping them raise capital through the issuance of securities.

    • Investment banks act as intermediaries between issuers of securities and investors.

    • Capital marke...

  • Answered by AI
  • Q4. Golden Rules of Accounting
  • Ans. 

    Golden rules of accounting are basic principles that guide the recording of financial transactions.

    • The first golden rule is to debit the receiver and credit the giver.

    • The second golden rule is to debit what comes in and credit what goes out.

    • The third golden rule is to debit expenses and losses and credit income and gains.

    • These rules ensure accuracy and consistency in financial reporting.

    • For example, when a company rece...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Be confident while attending interview

I applied via Referral and was interviewed in Jun 2022. There were 3 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 - HR 

(1 Question)

  • Q1. Market global accounting mutual fund defination advantages
  • Ans. 

    Global accounting mutual funds are diversified investment vehicles that invest in a variety of international securities.

    • Global accounting mutual funds provide investors with exposure to a diversified portfolio of international securities.

    • They offer the potential for higher returns and lower risk through diversification.

    • Investors can choose from a variety of global accounting mutual funds, each with its own investment s...

  • Answered by AI
Round 3 - Behavioral 

(1 Question)

  • Q1. Experience previous buyer and seller nav
  • Ans. 

    I have experience working with both buyers and sellers to navigate financial transactions.

    • I have assisted buyers in obtaining financing for their purchases, including mortgages and personal loans.

    • I have worked with sellers to facilitate the transfer of funds and ensure that all necessary paperwork is completed.

    • I am familiar with the legal and financial aspects of buying and selling, including taxes, fees, and regulatio...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Nice company handled good it's working helpful training also 👍 nice

Top trending discussions

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Interview Tips & Stories
1w (edited)
a team lead
Why are women still asked such personal questions in interview?
I recently went for an interview… and honestly, m still trying to process what just happened. Instead of being asked about my skills, experience, or how I could add value to the company… the questions took a totally unexpected turn. The interviewer started asking things like When are you getting married? Are you engaged? And m sure, if I had said I was married, the next question would’ve been How long have you been married? What does my personal life have to do with the job m applying for? This is where I felt the gender discrimination hit hard. These types of questions are so casually thrown at women during interviews but are they ever asked to men? No one asks male candidates if they’re planning a wedding or how old their kids are. So why is it okay to ask women? Can we please stop normalising this kind of behaviour in interviews? Our careers shouldn’t be judged by our relationship status. Period.
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Interview questions from similar companies

Interview experience
3
Average
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Assignment 

Mine sweeper logic for a box click

Round 2 - One-on-one 

(1 Question)

  • Q1. JavaScript objects
Round 3 - One-on-one 

(1 Question)

  • Q1. Delete element from linked list
  • Ans. 

    To delete an element from a linked list, update the pointers of the previous node to skip the node to be deleted.

    • Traverse the linked list to find the node to be deleted

    • Update the 'next' pointer of the previous node to skip the node to be deleted

    • Free the memory allocated to the node to be deleted

  • Answered by AI
Round 4 - HR 

(1 Question)

  • Q1. Expected salary
  • Ans. 

    I expect a competitive salary that reflects my skills, experience, and the industry standards for a Senior Software Engineer.

    • Research industry standards: For example, Glassdoor or Payscale can provide insights into average salaries for similar roles.

    • Consider my experience: With over 5 years in software development and expertise in multiple programming languages, I bring significant value.

    • Location matters: Salaries can ...

  • Answered by AI

Skills evaluated in this interview

I applied via LinkedIn and was interviewed in Jul 2020. There was 1 interview round.

Interview Questionnaire 

1 Question

  • Q1. I was asked lot of technical questions

Interview Preparation Tips

Interview preparation tips for other job seekers - I am happy with the interview

I applied via Campus Placement and was interviewed before Jan 2021. There were 4 interview rounds.

Interview Questionnaire 

1 Question

  • Q1. Knowledge of C language and JAVA

Interview Preparation Tips

Interview preparation tips for other job seekers - Be confident in your answers.
Are these interview questions helpful?

I applied via Company Website and was interviewed in Jul 2020. There were 6 interview rounds.

Interview Questionnaire 

4 Questions

  • Q1. There were 3 technical rounds and 2 techno-managerial rounds conducted for the post of Senior Software Engineer. The techno-managerial rounds were straight forward with an aim to understand your comfort le...
  • Q2. In technical round 1, there were questions from Core Java, Microservices, DB, and from few techs that I had mentioned in my resume especially the CI/CD work that I have been doing.
  • Q3. In tech round 2, they started with asking questions from the Java collections framework, Kafka, Jenkins, Docker, Git, etc. Few Ques: 1. Internals of HashMap. 2. Programming ques with arrays, String, and ha...
  • Q4. Tech round 3 was to test if I can work as a manager in the team, so they gave me scenario-based questions like designing a movie ticket booking system using spring boot. And what all steps/entities I would...

Interview Preparation Tips

Interview preparation tips for other job seekers - My advice is to keep honest with the interviewer, do your homework well. If you have worked on 5 technologies in your last project make sure you brush your concepts b4 your interview. Your code doesn't have to be working if you can get the logic right and create an algorithm you can proceed. Just make sure you are verbal during the coding part make sure the interviewer is on the same page and understands what you are writing b4 you write anything. That would be all, best of luck. :)

I applied via Referral and was interviewed before Jul 2021. There was 1 interview round.

Round 1 - HR 

(1 Question)

  • Q1. About yourself and technology you know

Interview Preparation Tips

Interview preparation tips for other job seekers - Be confident in every situation and ready to face the situation

I applied via Naukri.com and was interviewed before Oct 2021. There were 2 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 

(3 Questions)

  • Q1. Angular Questions were asked.
  • Q2. .NetCore Questions were asked.
  • Q3. Azure Functions, App Services

Interview Preparation Tips

Topics to prepare for Optum Global Solutions Senior Software Engineer interview:
  • Angular
  • .NetCore
  • SqlServer
Interview preparation tips for other job seekers - Good fundamentals should be there and good communication skill.

SS&C TECHNOLOGIES Interview FAQs

How many rounds are there in SS&C TECHNOLOGIES Financial Service Associate interview?
SS&C TECHNOLOGIES interview process usually has 1-2 rounds. The most common rounds in the SS&C TECHNOLOGIES interview process are HR, Technical and Resume Shortlist.
What are the top questions asked in SS&C TECHNOLOGIES Financial Service Associate interview?

Some of the top questions asked at the SS&C TECHNOLOGIES Financial Service Associate interview -

  1. What is Investment banking? What is Capital mark...read more
  2. Types of mutual funds Examples of mutual fu...read more
  3. market global accounting mutual fund defination advanta...read more
What are the most common questions asked in SS&C TECHNOLOGIES Financial Service Associate HR round?

The most common HR questions asked in SS&C TECHNOLOGIES Financial Service Associate interview are -

  1. What are your strengths and weakness...read more
  2. What is your family backgrou...read more
  3. What are your salary expectatio...read more

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Overall Interview Experience Rating

5/5

based on 2 interview experiences

Difficulty level

Moderate 100%

Duration

Less than 2 weeks 50%
6-8 weeks 50%
View more

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SS&C TECHNOLOGIES Financial Service Associate Salary
based on 38 salaries
₹2.1 L/yr - ₹4.1 L/yr
25% more than the average Financial Service Associate Salary in India
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SS&C TECHNOLOGIES Financial Service Associate Reviews and Ratings

based on 6 reviews

3.9/5

Rating in categories

2.5

Skill development

4.0

Work-life balance

3.1

Salary

3.6

Job security

4.1

Company culture

2.2

Promotions

4.0

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