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Derivatives are financial instruments whose value is derived from an underlying asset, index, or rate.
1. Futures: Contracts to buy/sell an asset at a predetermined price at a future date (e.g., oil futures).
2. Options: Contracts giving the right, but not the obligation, to buy/sell an asset at a set price (e.g., stock options).
3. Swaps: Agreements to exchange cash flows or liabilities (e.g., interest rate swaps).
4...
Call options give the right to buy, while put options give the right to sell an asset at a specified price before expiration.
A call option allows the holder to purchase an asset at a predetermined price (strike price) before expiration.
Example: If you buy a call option for stock XYZ with a strike price of $50, you can buy XYZ at $50 even if the market price rises.
A put option allows the holder to sell an asset at ...
SEBI stands for Securities and Exchange Board of India, the regulatory body for securities markets in India.
Established in 1992 to protect investor interests.
Regulates stock exchanges and securities markets.
Implements policies to promote fair trading practices.
Examples include regulating IPOs and mutual funds.
Net Asset Value (NAV) represents the total value of an investment fund's assets minus its liabilities.
NAV is calculated by subtracting total liabilities from total assets of the fund.
For example, if a fund has $10 million in assets and $2 million in liabilities, its NAV is $8 million.
NAV is often expressed on a per-share basis, indicating the value of each share of the fund.
If a mutual fund has 1 million shares ou...
What people are saying about Standard Chartered
Trees are hierarchical structures with a single root, while graphs are more general structures with nodes and edges, allowing cycles.
A tree has a single root node; a graph can have multiple nodes without a single root.
Trees have a strict parent-child relationship; graphs can have complex relationships.
In trees, there are no cycles; graphs can contain cycles.
Example of a tree: file directory structure; example of a...
Lease Rent Discounting (LRD) loans are secured loans against rental income from leased properties, providing liquidity to borrowers.
Secured Loan: LRD loans are secured against the rental income generated from leased properties, reducing the lender's risk.
Cash Flow Management: These loans help property owners manage cash flow by converting future rental income into immediate capital.
Interest Rates: LRD loans typica...
Accounting ratios are key metrics used to evaluate a company's financial performance and stability through various comparisons.
Liquidity Ratios: Measure a company's ability to meet short-term obligations. Example: Current Ratio = Current Assets / Current Liabilities.
Profitability Ratios: Assess a company's ability to generate profit relative to its revenue, assets, or equity. Example: Net Profit Margin = Net Incom...
I'm drawn to SCB's commitment to innovation, sustainability, and its diverse global presence in emerging markets.
SCB's focus on innovation, such as their digital banking initiatives, aligns with my passion for leveraging technology in finance.
The bank's commitment to sustainability, exemplified by their green financing projects, resonates with my values of responsible banking.
SCB's strong presence in emerging mark...
Encoder-only models process input data to create representations, while decoder-only models generate output from those representations.
Encoder-only models, like BERT, focus on understanding input sequences.
Decoder-only models, like GPT, generate text based on previous tokens.
Encoder-decoder models, like T5, combine both for tasks like translation.
Encoder-only is typically used for classification tasks, while decod...
Attention mechanism allows models to focus on specific parts of input data, enhancing performance in tasks like translation and summarization.
Attention weights determine the importance of different input elements.
In NLP, it helps models focus on relevant words in a sentence.
Example: In translating 'The cat sat on the mat', attention may focus on 'cat' when translating to another language.
Used in architectures like...
My salary expectations are based on my experience, skills, and the market rate for this position.
Research the average salary range for Technical Leads in the industry and location
Consider your years of experience and level of expertise
Factor in any additional benefits or perks offered by the company
I applied via Approached by Company and was interviewed in Oct 2024. There were 6 interview rounds.
Logical, react, SQL related questions
I applied via Referral
In my current role, I am responsible for leading business analysis activities, gathering requirements, conducting stakeholder interviews, and creating functional specifications.
Leading business analysis activities
Gathering requirements from stakeholders
Conducting stakeholder interviews
Creating functional specifications
Collaborating with cross-functional teams
Yes, I am committed to a long-term position with the bank.
I have a strong track record of long-term employment with previous companies.
I am excited about the opportunity to grow and develop within the bank.
I am dedicated to contributing to the success and growth of the bank.
I am willing to invest my time and effort into building a successful career with the bank.
I applied via LinkedIn and was interviewed in Nov 2024. There were 2 interview rounds.
Only we can determine how easy it was.
I am a dedicated and detail-oriented analyst with a strong background in data analysis and problem-solving.
I have a Bachelor's degree in Statistics from XYZ University.
I have 3 years of experience working as a data analyst at ABC Company.
I am proficient in using statistical software such as R and Python for data analysis.
I have a proven track record of delivering actionable insights to drive business decisions.
posted on 1 Dec 2024
I applied via Referral and was interviewed in Nov 2024. There were 2 interview rounds.
Off balance sheet items in banks are financial instruments or contingent liabilities that do not appear on the bank's balance sheet.
Loan commitments
Letters of credit
Derivatives contracts
Securitization transactions
Standby letters of credit
A forward rate agreement (FRA) is a financial contract between two parties to exchange interest rate payments based on a specified notional amount and a predetermined interest rate.
FRA is a derivative contract where one party agrees to pay a fixed interest rate while the other party agrees to pay a floating interest rate based on a notional amount.
It helps in hedging against interest rate risk by locking in a future in...
LCR & NSFR are regulatory requirements that banks must meet to ensure they have enough liquidity to withstand financial stress.
LCR stands for Liquidity Coverage Ratio and measures a bank's ability to meet its short-term obligations with high-quality liquid assets.
NSFR stands for Net Stable Funding Ratio and assesses a bank's long-term stability by comparing available stable funding to required stable funding.
The pu...
I applied via LinkedIn and was interviewed in Dec 2024. There were 3 interview rounds.
Passed all the round
Passed all the round
I applied via Company Website and was interviewed in Jul 2024. There were 2 interview rounds.
Just a normal aptitude test
Standard Chartered provides a wide range of banking services including retail banking, corporate banking, wealth management, and investment banking.
Retail banking services such as savings accounts, credit cards, and personal loans
Corporate banking services including trade finance, cash management, and corporate lending
Wealth management services like investment advisory and portfolio management
Investment banking service...
Commercial banks focus on providing services to individuals and businesses, while investment banks focus on helping companies raise capital and provide financial advisory services.
Commercial banks primarily deal with deposits, loans, and basic financial services for individuals and businesses.
Investment banks focus on underwriting securities, facilitating mergers and acquisitions, and providing financial advisory servi...
Nostro reconciliation is the process of ensuring that the bank's records of its accounts with other banks match the records of those banks.
Nostro reconciliation involves comparing the bank's records of its accounts with other banks to the records provided by those banks.
It helps in identifying any discrepancies or errors in the transactions between the banks.
The process involves investigating and resolving any differen...
I appeared for an interview before Jun 2024, where I was asked the following questions.
2 questions were asked followed by a behavioral test
Merge sort is a divide-and-conquer algorithm that sorts an array by recursively splitting and merging sorted subarrays.
1. Divide the array into two halves until each subarray contains a single element.
2. Merge the subarrays back together in sorted order.
3. Example: For array [38, 27, 43, 3, 9, 82, 10], split into [38, 27, 43] and [3, 9, 82, 10].
4. Continue splitting until you have [38], [27], [43], [3], [9], [82], [10]...
I want to join SCB because of its reputation for innovation and global presence.
SCB is known for its innovative approach to banking and financial services
I am impressed by SCB's global network and opportunities for growth
I believe SCB will provide me with valuable experience and skills for my future career
I selected SC because of its strong reputation in the industry and the exciting opportunities for growth. Yes, I have received an offer.
Strong reputation in the industry
Exciting opportunities for growth
Received an offer
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The duration of Standard Chartered interview process can vary, but typically it takes about less than 2 weeks to complete.
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