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State Street Corporation Assistant Manager Interview Questions, Process, and Tips for Experienced

Updated 22 Dec 2024

Top State Street Corporation Assistant Manager Interview Questions and Answers for Experienced

State Street Corporation Assistant Manager Interview Experiences for Experienced

8 interviews found

Assistant Manager Interview Questions & Answers

user image Sowmya Maheshwarappa

posted on 2 Oct 2023

Interview experience
4
Good
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Referral and was interviewed in Sep 2023. There were 3 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Don’t add your photo or details such as gender, age, and address in your resume. These details do not add any value.
View all tips
Round 2 - One-on-one 

(4 Questions)

  • Q1. About Prior job experience
  • Q2. Accounting Questions
  • Q3. GL and US GAAP
  • Q4. Reconciliation and Reporting
Round 3 - One-on-one 

(1 Question)

  • Q1. About prior Job Experience

Assistant Manager Interview Questions & Answers

user image Aakash sacheti

posted on 20 May 2022

I applied via Naukri.com and was interviewed in Nov 2021. There were 4 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. General questions - like comfortable with job location
  • Q2. Communication skills, Roles worked on etc
Round 3 - One-on-one 

(2 Questions)

  • Q1. One on one with VP, Understanding in Regulatory reporting, Basel norms
  • Q2. Difference between Basel 2, 3. Knowledge on RWA. Etc it was about 45mins interview round
Round 4 - One-on-one 

(2 Questions)

  • Q1. One on one with AVP, checking communication skills, previous roles, Knowledge on Basel
  • Q2. Advanced vs Standardised reporting, PD, EAD, LGD. Knowledge. Work life case scenarios etc. 1 hour 15 minutes round.

Interview Preparation Tips

Topics to prepare for State Street Corporation Assistant Manager interview:
  • Basel
  • Advanced Excel
  • Regulatory Reporting
Interview preparation tips for other job seekers - For Basel & Regulatory reporting jobs read about Basel norms, all 3 pillars in detail.
If you know Sql, Vba and worked on automation projects then it would be an added advantage.

Assistant Manager Interview Questions Asked at Other Companies for Experienced

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Q5. Why is SAS used of there are other open source tools available?
Interview experience
4
Good
Difficulty level
Moderate
Process Duration
2-4 weeks
Result
Selected Selected

I applied via Approached by Company and was interviewed before Nov 2022. There were 3 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Double-check your resume for any spelling mistakes. The recruiter may consider spelling mistakes as careless behavior or poor communication skills.
View all tips
Round 2 - HR 

(1 Question)

  • Q1. General HR questions.
Round 3 - Technical 

(1 Question)

  • Q1. What is TWRR? Difference between TWRR and MWRR.
  • Ans. 

    TWRR stands for Time-Weighted Rate of Return. TWRR measures the compound rate of growth in a portfolio. MWRR stands for Money-Weighted Rate of Return. MWRR takes into account the timing and amount of cash flows.

    • TWRR is a measure of the compound rate of growth in a portfolio over a specific period of time.

    • MWRR takes into account the timing and amount of cash flows, providing a more accurate representation of an investor...

  • Answered by AI

I applied via Referral and was interviewed in Apr 2021. There was 1 interview round.

Interview Questionnaire 

4 Questions

  • Q1. Asked about derivatives
  • Q2. Fas 161 offsetting tables
  • Q3. How derivatives related expenses and incomes shown in statement of operations
  • Ans. 

    Derivatives related expenses and incomes are shown in the statement of operations as gains or losses.

    • Derivatives are financial instruments that derive their value from an underlying asset.

    • Expenses related to derivatives include transaction costs, margin requirements, and hedging costs.

    • Incomes related to derivatives include gains or losses from changes in the value of the underlying asset.

    • These gains or losses are shown...

  • Answered by AI
  • Q4. Fas 157 table presentation and level 3 table presentation

Interview Preparation Tips

Interview preparation tips for other job seekers - They were focus more into derivatives part and how it was presented in notes to financials.

State Street Corporation interview questions for designations

 Assistant Manager Operations

 (1)

 Assistant Manager Security

 (1)

 Assistant Regulatory Reporting Manager

 (1)

 Assistant Vice President

 (1)

 Manager

 (6)

 Team Manager

 (5)

 Senior Manager

 (2)

 Operations Manager

 (1)

I applied via Referral and was interviewed before Aug 2021. There were 2 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Don’t add your photo or details such as gender, age, and address in your resume. These details do not add any value.
View all tips
Round 2 - One-on-one 

(2 Questions)

  • Q1. Tell me about yourself
  • Q2. Just checking on the job profile which currently working.

I applied via LinkedIn and was interviewed in Feb 2021. There was 1 interview round.

Interview Questionnaire 

2 Questions

  • Q1. What's unbilled revenue? Is it an Asset?
  • Ans. 

    Unbilled revenue refers to revenue that has been earned but not yet invoiced to the customer.

    • Unbilled revenue is a liability on the balance sheet until it is invoiced.

    • It represents the amount of revenue that the company has recognized but has not yet received payment for.

    • Once the revenue is invoiced, it becomes accounts receivable and is considered an asset.

    • Examples of unbilled revenue include services provided but not...

  • Answered by AI
  • Q2. What's deferred revenue?
  • Ans. 

    Deferred revenue is a liability that arises when a company receives payment for goods or services that it has not yet delivered or earned.

    • Deferred revenue is also known as unearned revenue or advance payments.

    • It is recorded as a liability on the balance sheet until the goods or services are delivered or earned.

    • Once the goods or services are provided, the deferred revenue is recognized as revenue on the income statement...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Be genuine & professional while communicating. In my experience, 25% Technical & 75% of your communication will help you get through any interviews.

Things NOT to do:
1. Don't sound desperate
2. Don't lie
3. Be polite

All the best!

I applied via Recruitment Consultant and was interviewed in Jan 2021. There were 4 interview rounds.

Interview Questionnaire 

2 Questions

  • Q1. Hedge fund, Master/Feeder structure, Management Fee & Incentive fee, Journal entries
  • Q2. Contribution and withdrawal, Offshore and Onshore, Cash Recon, position recon.

Interview Preparation Tips

Interview preparation tips for other job seekers - Journal Entries are main thing. Read as much as you can for fund accounting and Private equity.

I applied via LinkedIn and was interviewed in Mar 2020. There were 3 interview rounds.

Interview Questionnaire 

4 Questions

  • Q1. Walk me through your CV
  • Q2. What is CECL? Difference between US GAAP and IFRS? Questions on what I said I did in my previous organization. Follow up questions.
  • Q3. Strength and weakness
  • Q4. What do you know about State Street

Interview Preparation Tips

Interview preparation tips for other job seekers - Be well prepared. Know your CV inside and out. Be technically strong on what you write on your CV. And do research on State Street and what it does and technical aspects of the role you're applying for. Best of luck !

Interview questions from similar companies

I applied via Recruitment Consultant and was interviewed in May 2020. There were 4 interview rounds.

Interview Questionnaire 

1 Question

  • Q1. Investment Banking / Corporate Actions / Bonds

Interview Preparation Tips

Interview preparation tips for other job seekers - Interview was really very good and make sure to adhere with all relevant information asked. do your complete homework before applying for an interview, questions may be asked from any corner and its completely depends on role you would be hired for.

Interview Questionnaire 

4 Questions

  • Q1. One and Only....Tell me about yourself
  • Ans. 

    I am a dedicated and experienced professional with a strong background in leadership and team management.

    • Over 5 years of experience in retail management

    • Proven track record of increasing sales and improving customer satisfaction

    • Skilled in team building and staff development

    • Strong communication and problem-solving skills

    • Passionate about delivering exceptional service and driving results

  • Answered by AI
  • Q2. About my previous Job Experience
  • Q3. Salary expectation
  • Q4. And the Last....We will discuss call you for second round interview

Interview Preparation Tips

Interview preparation tips for other job seekers - I was Not selected ...the main reason was language.
Actually I am uncomfortable to speak in ENGLISH.
But I have learnt one thinks

State Street Corporation Interview FAQs

How many rounds are there in State Street Corporation Assistant Manager interview for experienced candidates?
State Street Corporation interview process for experienced candidates usually has 3 rounds. The most common rounds in the State Street Corporation interview process for experienced candidates are One-on-one Round, Resume Shortlist and HR.
How to prepare for State Street Corporation Assistant Manager interview for experienced candidates?
Go through your CV in detail and study all the technologies mentioned in your CV. Prepare at least two technologies or languages in depth if you are appearing for a technical interview at State Street Corporation. The most common topics and skills that interviewers at State Street Corporation expect are Financial Services, Investment Management, SQL, Analytical and Operations.
What are the top questions asked in State Street Corporation Assistant Manager interview for experienced candidates?

Some of the top questions asked at the State Street Corporation Assistant Manager interview for experienced candidates -

  1. What's unbilled revenue? Is it an Ass...read more
  2. How derivatives related expenses and incomes shown in statement of operati...read more
  3. What is TWRR? Difference between TWRR and MW...read more

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State Street Corporation Assistant Manager Interview Process for Experienced

based on 2 interviews

2 Interview rounds

  • Resume Shortlist Round
  • HR Round
View more
State Street Corporation Assistant Manager Salary
based on 1.9k salaries
₹9.4 L/yr - ₹30 L/yr
98% more than the average Assistant Manager Salary in India
View more details

State Street Corporation Assistant Manager Reviews and Ratings

based on 146 reviews

3.4/5

Rating in categories

3.1

Skill development

3.3

Work-life balance

3.1

Salary

3.5

Job security

3.0

Company culture

2.9

Promotions

2.9

Work satisfaction

Explore 146 Reviews and Ratings
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