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State Street Corporation Process Associate II Interview Questions, Process, and Tips

Updated 2 Oct 2024

Top State Street Corporation Process Associate II Interview Questions and Answers

State Street Corporation Process Associate II Interview Experiences

3 interviews found

Interview experience
4
Good
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Technical 

(3 Questions)

  • Q1. According principals
  • Q2. Usese of trail balance
  • Ans. 

    A trial balance is a financial statement that lists all the accounts in a company's general ledger and their balances.

    • Used to ensure that debits equal credits in the accounting system

    • Helps in detecting errors in recording transactions

    • Prepares the company for the financial statement preparation

    • Can be used to create financial ratios for analysis

  • Answered by AI
  • Q3. Final accounts uses
  • Ans. 

    Final accounts are used to summarize a company's financial transactions and provide a snapshot of its financial position.

    • Final accounts are used to prepare the income statement, balance sheet, and cash flow statement.

    • They help stakeholders assess the financial performance and position of a company.

    • Final accounts are crucial for decision-making, tax compliance, and financial reporting.

    • Examples of final accounts include ...

  • Answered by AI
Round 2 - HR 

(2 Questions)

  • Q1. Why we choosing mba
  • Ans. 

    MBA provides a well-rounded business education, enhances career opportunities, and develops leadership skills.

    • MBA offers a diverse range of business knowledge and skills.

    • It opens up opportunities for career advancement and higher salary potential.

    • MBA programs often include networking opportunities with industry professionals.

    • It helps in developing critical thinking, problem-solving, and leadership abilities.

    • Having an M...

  • Answered by AI
  • Q2. Family background

Interview Preparation Tips

Interview preparation tips for other job seekers - Must and should communication skills

Process Associate II Interview Questions & Answers

user image NIKHIL YASHWANTRAO

posted on 26 Jul 2024

Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Technical 

(2 Questions)

  • Q1. Derivatives and its types
  • Ans. 

    Derivatives are financial instruments whose value is derived from an underlying asset or group of assets.

    • Types of derivatives include futures, options, swaps, and forwards.

    • Futures contracts obligate the buyer to purchase an asset at a specific price on a future date.

    • Options give the buyer the right, but not the obligation, to buy or sell an asset at a predetermined price within a specified time period.

    • Swaps involve the...

  • Answered by AI
  • Q2. Corporate action and its type
  • Ans. 

    Corporate action refers to events initiated by a public company that impact its shareholders and securities.

    • Types of corporate actions include dividends, stock splits, mergers, acquisitions, spin-offs, and rights issues.

    • Dividends are payments made to shareholders from a company's profits.

    • Stock splits involve dividing existing shares into multiple shares.

    • Mergers occur when two companies combine to form a new entity.

    • Acqu...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Read financial isstrument

Process Associate II Interview Questions Asked at Other Companies

asked in Mediamint
Q1. How to start a day routine in the first day of the week
asked in Mediamint
Q2. How to classify search term report
Q3. Ready for rotational shifts
Q4. Usese of trail balance
Q5. Corporate action and its type
Interview experience
4
Good
Difficulty level
Moderate
Process Duration
More than 8 weeks
Result
Selected Selected

I applied via Naukri.com and was interviewed before Apr 2023. There were 2 interview rounds.

Round 1 - HR 

(1 Question)

  • Q1. Ready for rotational shifts
  • Ans. 

    Yes, I am ready for rotational shifts.

    • I am flexible with my schedule and can adapt to different shifts

    • I understand the importance of teamwork and collaboration in a 24/7 work environment

    • I have previous experience working in rotational shifts and have successfully managed my time and workload

  • Answered by AI
Round 2 - Technical 

(1 Question)

  • Q1. Regarding previous process

Interview questions from similar companies

Interview experience
3
Average
Difficulty level
-
Process Duration
-
Result
-

I applied via Job Fair

Round 1 - One-on-one 

(2 Questions)

  • Q1. Tell me about yourself
  • Ans. 

    Experienced processing executive with a strong background in managing operations and optimizing workflows.

    • Over 5 years of experience in processing and operations management

    • Skilled in streamlining processes to improve efficiency and reduce costs

    • Proven track record of meeting deadlines and exceeding targets

    • Strong leadership and communication skills, able to motivate teams to achieve goals

  • Answered by AI
  • Q2. Describe. Zomato Case study
  • Ans. 

    Zomato is a food delivery and restaurant discovery platform.

    • Zomato was founded in 2008 in India.

    • It operates in multiple countries around the world.

    • Zomato offers online food delivery, restaurant reviews, and table reservations.

    • The company has faced competition from other food delivery platforms like Swiggy and Uber Eats.

  • Answered by AI
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Company Website

Round 1 - HR 

(1 Question)

  • Q1. 1. Basic details
Round 2 - One-on-one 

(2 Questions)

  • Q1. Basic insurance details
  • Q2. 2.Company business

Interview Preparation Tips

Interview preparation tips for other job seekers - Work environment is friendly however no proper growth received
Interview experience
4
Good
Difficulty level
-
Process Duration
-
Result
-

I applied via Campus Placement

Round 1 - Technical 

(2 Questions)

  • Q1. What is transaction monitoring
  • Ans. 

    Transaction monitoring is the process of reviewing and analyzing transactions to detect suspicious activity or compliance violations.

    • Monitoring financial transactions for signs of money laundering or fraud

    • Identifying unusual patterns or behaviors in transactions

    • Ensuring compliance with regulations and policies

    • Using software tools to automate the monitoring process

    • Taking action on flagged transactions, such as investiga

  • Answered by AI
  • Q2. What is SAR and explain about outgoing wires
  • Ans. 

    SAR stands for Suspicious Activity Report. Outgoing wires refer to electronic transfers of funds from one account to another.

    • SAR is a report filed by financial institutions to report suspicious activities that may indicate money laundering or other illegal activities.

    • Outgoing wires are electronic transfers of funds initiated by a customer to send money to another account.

    • Financial institutions monitor outgoing wires to...

  • Answered by AI

Skills evaluated in this interview

Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
4-6 weeks
Result
Selected Selected

I applied via Job Portal and was interviewed in May 2024. There were 2 interview rounds.

Round 1 - One-on-one 

(2 Questions)

  • Q1. Prior experience
  • Q2. Corporate action
Round 2 - HR 

(2 Questions)

  • Q1. Prior relevant experience
  • Q2. Process knowledge
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
2-4 weeks
Result
Selected Selected

I applied via Referral and was interviewed in May 2023. 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 - One-on-one 

(4 Questions)

  • Q1. Give an example of good customer service.
  • Ans. 

    A good example of customer service is when a representative goes above and beyond to resolve a customer's issue with empathy and efficiency.

    • Listening actively to the customer's concerns

    • Offering personalized solutions

    • Following up to ensure satisfaction

  • Answered by AI
  • Q2. Give an example of bad customer service.
  • Ans. 

    Being ignored by a customer service representative when seeking assistance.

    • Long wait times on hold without any updates or assistance

    • Rude or dismissive behavior from customer service representatives

    • Lack of follow-up or resolution to customer inquiries or complaints

  • Answered by AI
  • Q3. Give an instance of managing a difficult situation in your life and you handled it successfully.
  • Q4. Give an example of your biggest regret so far.
Round 3 - HR 

(2 Questions)

  • Q1. Reasons for choosing this company.
  • Q2. Reasons for gap in career.

Interview Preparation Tips

Topics to prepare for HSBC Group Processing Executive interview:
  • Customer Service Operations
Interview preparation tips for other job seekers - Prepare well for the interview. Remain clam and composed. Don't be overconfident. Don't bluff or fake any answers, the interviewers can see through them They are well experienced.
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
6-8 weeks
Result
Selected Selected

I applied via Walk-in

Round 1 - Aptitude Test 

45 mins test for capital market, fund accounting

Interview Preparation Tips

Interview preparation tips for other job seekers - basics of capital market, mutual funds, types
Interview experience
3
Average
Difficulty level
-
Process Duration
-
Result
-
Round 1 - One-on-one 

(1 Question)

  • Q1. Where do you to see yourself in the next five years

State Street Corporation Interview FAQs

How many rounds are there in State Street Corporation Process Associate II interview?
State Street Corporation interview process usually has 1-2 rounds. The most common rounds in the State Street Corporation interview process are Technical and HR.
How to prepare for State Street Corporation Process Associate II interview?
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 Analytical skills, Asset Management, Automation Testing, Billing and Client Billing.
What are the top questions asked in State Street Corporation Process Associate II interview?

Some of the top questions asked at the State Street Corporation Process Associate II interview -

  1. Ready for rotational shi...read more
  2. Usese of trail bala...read more
  3. Derivatives and its ty...read more

Tell us how to improve this page.

State Street Corporation Process Associate II Interview Process

based on 3 interviews in last 1 year

Interview experience

4.3
  
Good

People are getting interviews through

based on 1 State Street Corporation interview
Job Portal
100%
Low Confidence
?
Low Confidence means the data is based on a small number of responses received from the candidates.

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State Street Corporation Process Associate II Salary
based on 61 salaries
₹3.2 L/yr - ₹6.2 L/yr
11% more than the average Process Associate II Salary in India
View more details

State Street Corporation Process Associate II Reviews and Ratings

based on 8 reviews

4.0/5

Rating in categories

3.9

Skill development

3.7

Work-Life balance

3.7

Salary & Benefits

3.3

Job Security

3.4

Company culture

3.4

Promotions/Appraisal

3.5

Work Satisfaction

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