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Standard Chartered IT Procurement Manager Interview Questions and Answers

Updated 9 Jul 2024

Standard Chartered IT Procurement Manager Interview Experiences

1 interview found

Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
2-4 weeks
Result
Selected Selected

I applied via Recruitment Consulltant and was interviewed in Jul 2022. There were 2 interview rounds.

Round 1 - One-on-one 

(2 Questions)

  • Q1. Process of procurement
  • Ans. 

    Procurement process involves identifying needs, sourcing suppliers, negotiating contracts, and managing supplier relationships.

    • Identify needs and requirements

    • Research potential suppliers

    • Negotiate terms and pricing

    • Create and manage contracts

    • Monitor supplier performance

    • Ensure compliance with regulations and company policies

  • Answered by AI
  • Q2. Process of SOW and contracts
  • Ans. 

    SOW and contracts involve defining scope, deliverables, timelines, and terms for IT projects.

    • Statement of Work (SOW) outlines project scope, objectives, deliverables, and timelines.

    • Contracts specify legal terms, payment terms, warranties, and dispute resolution mechanisms.

    • Negotiation is key to ensure both parties agree on terms and conditions.

    • Reviewing and finalizing SOW and contracts is crucial before project commence...

  • Answered by AI
Round 2 - HR 

(2 Questions)

  • Q1. About my self n explain job description in detail
  • Q2. Salary and other benefits

Interview questions from similar companies

I applied via Recruitment Consultant and was interviewed before Oct 2020. There was 1 interview round.

Interview Questionnaire 

1 Question

  • Q1. About your past work experience

Interview Preparation Tips

Interview preparation tips for other job seekers - If you are ready to work in pure retail banking culture, then join. Otherwise look for better.

I applied via Recruitment Consultant and was interviewed before Apr 2020. There were 3 interview rounds.

Interview Questionnaire 

1 Question

  • Q1. 1. Job Role 2. Business

Interview Preparation Tips

Interview preparation tips for other job seekers - Confidence level should be high

Interview Questionnaire 

5 Questions

  • Q1. It was with business manager
  • Q2. Technical
  • Q3. About my existing work
  • Q4. Grilled further on existing job
  • Q5. On phone

Interview Questionnaire 

3 Questions

  • Q1. Cheque type
  • Ans. 

    Cheque type refers to the format and design of a cheque, which can vary depending on the issuing bank and country.

    • Different types of cheques include bearer cheques, order cheques, crossed cheques, and self cheques.

    • Cheque types can also vary based on the currency used and the language in which the cheque is written.

    • Some countries have specific regulations regarding cheque types and their usage.

    • Cheque types can also be c...

  • Answered by AI
  • Q2. Basic difference
  • Ans. 

    Basic difference between Operations Manager and Operations Director

    • Operations Manager is responsible for day-to-day operations while Operations Director oversees long-term strategies

    • Operations Manager reports to Operations Director

    • Operations Director sets goals and objectives while Operations Manager ensures they are met

    • Operations Director focuses on overall performance while Operations Manager focuses on specific task

  • Answered by AI
  • Q3. Negotiable instruments and non negotiable instruments different
  • Ans. 

    Negotiable instruments can be transferred to a third party while non-negotiable instruments cannot.

    • Negotiable instruments are transferable to a third party without affecting its validity

    • Non-negotiable instruments cannot be transferred to a third party

    • Examples of negotiable instruments include checks, promissory notes, and bills of exchange

    • Examples of non-negotiable instruments include receipts, invoices, and purchase o

  • Answered by AI

I applied via Company Website and was interviewed before Aug 2020. There was 1 interview round.

Interview Questionnaire 

1 Question

  • Q1. General questions like cod u handle team experience

Interview Preparation Tips

Interview preparation tips for other job seekers - It was nice interview happened through video conferencing

I applied via Walk-in and was interviewed before Aug 2021. There was 1 interview round.

Round 1 - One-on-one 

(2 Questions)

  • Q1. Tell me about yourself.
  • Q2. What are your expectations.

Interview Preparation Tips

Interview preparation tips for other job seekers - Be confident. Very less technical questions are asked in interview. Getting a branch banking job is quite easy.

I applied via Company Website and was interviewed before Sep 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 - HR 

(2 Questions)

  • Q1. Previous experience, particularly about department which I was handling and related questions
  • Q2. This icon is Not applicable

Interview Preparation Tips

Interview preparation tips for other job seekers - Be honest about your past experience. What you are doing or what work you have done in your dept

I applied via Recruitment Consulltant 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 

(2 Questions)

  • Q1. Transaction processing
  • Q2. Banking terms in brief
  • Ans. 

    Banking terms refer to the jargon used in the banking industry.

    • APR - Annual Percentage Rate

    • ATM - Automated Teller Machine

    • FDIC - Federal Deposit Insurance Corporation

    • IBAN - International Bank Account Number

    • SWIFT - Society for Worldwide Interbank Financial Telecommunication

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - You need to have knowledge of product and process for which you are applying

I applied via Referral and was interviewed before May 2021. There were 3 interview rounds.

Round 1 - One-on-one 

(1 Question)

  • Q1. Basic role understanding and resume check
Round 2 - Case Study 

Work related case study - check on analytical skills

Round 3 - One-on-one 

(1 Question)

  • Q1. Work role fitment explanation

Interview Preparation Tips

Interview preparation tips for other job seekers - Details on Jd and resume should be known clearly

Case studies ,if any ,will be on work / earlier role to check analytical skills and role fitment

Standard Chartered Interview FAQs

How many rounds are there in Standard Chartered IT Procurement Manager interview?
Standard Chartered interview process usually has 2 rounds. The most common rounds in the Standard Chartered interview process are One-on-one Round and HR.
What are the top questions asked in Standard Chartered IT Procurement Manager interview?

Some of the top questions asked at the Standard Chartered IT Procurement Manager interview -

  1. Process of procurem...read more
  2. Process of SOW and contra...read more

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Standard Chartered IT Procurement Manager Interview Process

based on 1 interview

Interview experience

5
  
Excellent
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Standard Chartered IT Procurement Manager Salary
based on 4 salaries
₹13 L/yr - ₹16 L/yr
13% more than the average IT Procurement Manager Salary in India
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