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Counterparty risk is the risk of default by a party in a financial transaction, while credit risk is the risk of loss due to a borrower's failure to repay a loan.
Counterparty risk is specific to financial transactions involving parties such as banks, brokers, or counterparties in derivatives contracts.
Credit risk is more general and refers to the risk of loss due to a borrower's failure to repay a loan or meet oth...
LRADR period can be selected by analyzing historical data and trends.
Analyze historical data of LRADR performance
Identify trends in LRADR period over time
Consider external factors that may impact LRADR period selection
Consult with experts in the field for insights
Use statistical models to predict future LRADR periods
PSI Analysis helps identify potential problems, improve processes, and make informed decisions.
Identify potential problems in the department or organization
Improve processes by analyzing data and identifying areas for improvement
Make informed decisions based on data-driven insights
Monitor performance and track progress towards goals
Examples: analyzing sales data to identify trends, evaluating employee performance ...
Assumptions of linear regression include linearity, independence, homoscedasticity, and normality.
Linearity: The relationship between the independent and dependent variables is linear.
Independence: The residuals are independent of each other.
Homoscedasticity: The variance of the residuals is constant across all levels of the independent variables.
Normality: The residuals are normally distributed.
No multicollineari...
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Debit and credit are terms used in accounting to record financial transactions.
Debit is an entry on the left side of an account, representing an increase in assets or a decrease in liabilities or equity.
Credit is an entry on the right side of an account, representing a decrease in assets or an increase in liabilities or equity.
Debits must equal credits in every transaction to maintain the accounting equation.
For e...
Selling mutual funds requires understanding customer needs, providing information on fund performance, and building trust.
Understand customer needs and risk tolerance
Provide information on fund performance and historical returns
Build trust by being transparent and responsive to customer inquiries
Offer personalized investment advice based on customer goals and financial situation
KYC stands for Know Your Customer. It is a process of verifying the identity of a customer and assessing their potential risks.
KYC is a mandatory process for banks and financial institutions to prevent money laundering and terrorist financing.
It involves collecting personal information and documents such as ID proof, address proof, and PAN card.
The collected information is verified through various sources such as ...
Stop payment requests should be processed immediately for customer satisfaction and to prevent any potential fraud.
Stop payment requests should be taken seriously and processed promptly.
Delaying the process could lead to customer dissatisfaction and potential fraud.
It is important to verify the customer's identity and the validity of the request before processing.
Once verified, the request should be processed imme...
Regulator bodies are organizations that oversee and regulate industries to ensure compliance with laws and regulations.
Regulator bodies are responsible for enforcing laws and regulations in various industries
Examples of regulator bodies include the Financial Conduct Authority (FCA), Securities and Exchange Commission (SEC), and the Federal Reserve
Regulator bodies monitor and investigate potential violations of law...
Macro variables can be created using the %LET statement in SAS programming.
Use %LET statement followed by the macro variable name and its value.
Macro variables can be created with or without quotes around the value.
Macro variables can be referenced using & symbol followed by the variable name.
Example: %LET var1 = 10; %LET var2 = 'Hello';
Example: %LET var3 = &var1.;
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 in Jun 2025, where I was asked the following questions.
In 10 years, I envision myself as a leader in business development, driving strategic initiatives and mentoring future talent.
I aim to progress to a senior management role, overseeing a team of business development professionals.
I plan to develop expertise in emerging markets, identifying new opportunities for growth and expansion.
I aspire to build strong relationships with key stakeholders and partners, enhancing coll...
I am highly motivated to secure this position, driven by my passion for business development and my desire to contribute to the company's growth.
I have a proven track record in identifying new business opportunities, as demonstrated by my previous role where I increased sales by 30%.
I am eager to learn and adapt, having taken the initiative to complete courses in negotiation and strategic planning to enhance my skills.
...
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
Some of the top questions asked at the Standard Chartered interview -
The duration of Standard Chartered interview process can vary, but typically it takes about less than 2 weeks to complete.
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