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Synchrony Senior Fraud Specialist Interview Questions and Answers for Freshers

Updated 23 Mar 2023

Synchrony Senior Fraud Specialist Interview Experiences for Freshers

1 interview found

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

I applied via Recruitment Consulltant and was interviewed before Mar 2022. 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 - One-on-one 

(4 Questions)

  • Q1. Example Of customer service
  • Ans. 

    Customer service involves providing assistance and support to customers in a friendly and efficient manner.

    • Listen actively to customers' concerns and needs

    • Offer solutions and options to resolve issues

    • Maintain a positive and professional attitude

    • Follow up with customers to ensure satisfaction

    • Provide clear and concise communication

    • Examples: resolving billing disputes, answering product questions, assisting with account s

  • Answered by AI
  • Q2. Self introduction and brief description on any given topic
  • Q3. Why is this rôle important
  • Ans. 

    The role of a Senior Fraud Specialist is important because it helps protect individuals and organizations from financial losses due to fraudulent activities.

    • Identifies and investigates potential fraudulent activities

    • Develops and implements fraud prevention strategies

    • Analyzes data and patterns to detect fraud

    • Collaborates with law enforcement agencies and legal teams

    • Educates and trains employees on fraud awareness and pr...

  • Answered by AI
  • Q4. Education experience
  • Ans. 

    I have a Bachelor's degree in Accounting and have completed various fraud detection and prevention courses.

    • Bachelor's degree in Accounting

    • Completed fraud detection and prevention courses

    • Continuously learning and staying up-to-date on industry trends

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Be confident and give a light smile and be friendly

Interview questions from similar companies

I applied via Naukri.com and was interviewed before Nov 2021. 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 - Technical 

(1 Question)

  • Q1. Project related interview questions
Round 3 - HR 

(1 Question)

  • Q1. Salary discussion, Asked some questions

Interview Preparation Tips

Interview preparation tips for other job seekers - I have attended for manual testing. I was little easy

I applied via Company Website and was interviewed in Oct 2019. There were 3 interview rounds.

Interview Questionnaire 

1 Question

  • Q1. Hypothetical Questions - What if the company decides to demote all senior associate s to associate? What will be your reaction??

Interview Preparation Tips

Interview preparation tips for other job seekers - I went for Enterprise Testing Senior Associate. The person who interviewed me was very well known to me. He worked with me for more than a year at the same level. Asked illogical questions. All hypothetical questions he asked in which I was the one who was getting demoted or denied bonus or increment.
He should not have taken my interview as it was conflict of Interest. 99% of questions was asked by this guy and the other lady in VC only asked 1 general question.
I reported conflict of interest issue to the hiring HR but no action was taken not any reply toy email came.

I applied via Referral and was interviewed in May 2019. There were 3 interview rounds.

Interview Questionnaire 

1 Question

  • Q1. Basic questions on investment banking operations and the IT department associate with that. Since I was hired for governance team I was asked about some data related queries.

Interview Preparation Tips

Interview preparation tips for other job seekers - Have a commanding communication skills and walk with the confidence. Always believe in yourself and don't tie your ambition with emotions.

I applied via Referral and was interviewed before Nov 2020. There was 1 interview round.

Interview Questionnaire 

2 Questions

  • Q1. What is collateral management
  • Ans. 

    Collateral management is the process of managing and monitoring collateral pledged to secure a loan or other financial obligation.

    • Collateral can include assets such as real estate, stocks, bonds, and commodities.

    • The purpose of collateral management is to mitigate credit risk and ensure that the lender has sufficient collateral to cover any potential losses.

    • Collateral management involves tracking the value of the collat...

  • Answered by AI
  • Q2. What is haircut for collaterals
  • Ans. 

    Haircut for collaterals refers to the reduction in value of the collateral pledged by a borrower to secure a loan.

    • Haircut is the percentage reduction in the value of the collateral that a lender applies to account for market fluctuations and potential losses.

    • It is used to determine the amount of loan that can be extended against the collateral.

    • For example, if a borrower pledges a property worth $100,000 as collateral a...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - It's was an easy interview

Interview Questionnaire 

2 Questions

  • Q1. Questions on Kubernetes, AWS, Spring batch, Java threads and Apace Kafka
  • Q2. Questions on Executor service and Reentrant Lock in Java
Interview experience
4
Good
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Recruitment Consulltant and was interviewed before Sep 2022. 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 - Technical 

(1 Question)

  • Q1. Basic questions related to Finance
Round 3 - HR 

(1 Question)

  • Q1. Package expected, notice period, relocation
Interview experience
4
Good
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Company Website and was interviewed before Nov 2022. 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 

(3 Questions)

  • Q1. About the accounting related to accurals and all
  • Q2. Question related to your pervious job experience
  • Q3. About journal entries
Interview experience
3
Average
Difficulty level
Hard
Process Duration
2-4 weeks
Result
Selected Selected

I applied via Company Website and was interviewed in Aug 2024. There were 3 interview rounds.

Round 1 - One-on-one 

(7 Questions)

  • Q1. Work experience and relevance of your resume for Amex
  • Ans. 

    My work experience includes roles in financial services and consulting, providing me with relevant skills for Amex.

    • I have worked in financial services for 5+ years, including roles at a major bank and a fintech startup.

    • I have experience in consulting, where I worked on projects related to financial analysis and strategy development.

    • My resume highlights my expertise in financial modeling, data analysis, and client relat...

  • Answered by AI
  • Q2. Why change to Amex? What attracted you the most about Amex?
  • Ans. 

    I changed to Amex for its reputation for innovation, strong company culture, and opportunities for growth.

    • Reputation for innovation in the financial industry

    • Strong company culture focused on employee development and diversity

    • Opportunities for career growth and advancement within the company

  • Answered by AI
  • Q3. Technology questions such as how API works and your experience in working with data?
  • Q4. How you used data management and analytics in your last role?
  • Ans. 

    I utilized data management and analytics to track project progress, identify trends, and make data-driven decisions.

    • Implemented data management systems to organize and store project data efficiently

    • Utilized analytics tools to analyze project performance and identify areas for improvement

    • Generated reports and dashboards to track key metrics and communicate findings to stakeholders

    • Used data insights to make informed deci

  • Answered by AI
  • Q5. How you can make business decisions from data in your last role?
  • Ans. 

    I used data analysis tools to identify trends, patterns, and correlations to inform strategic business decisions.

    • Utilized data visualization tools to present key findings to stakeholders

    • Conducted regression analysis to predict future outcomes based on historical data

    • Collaborated with cross-functional teams to gather and analyze data from multiple sources

  • Answered by AI
  • Q6. How you solved any disagreement with your boss in last role?
  • Ans. 

    I always approach disagreements with a focus on finding common ground and maintaining open communication.

    • Listen actively to understand the boss's perspective

    • Express my own perspective calmly and respectfully

    • Seek a compromise or solution that benefits both parties

    • Follow up to ensure the issue is fully resolved

  • Answered by AI
  • Q7. How will you approach different teams with requirements as a product manager?
  • Ans. 

    I will approach different teams with requirements by understanding their unique needs, building relationships, and communicating effectively.

    • Understand the goals and priorities of each team to tailor requirements accordingly

    • Build relationships with key stakeholders to gain buy-in and support

    • Communicate clearly and regularly to ensure alignment and address any concerns

    • Collaborate with cross-functional teams to ensure al

  • Answered by AI
Round 2 - One-on-one 

(4 Questions)

  • Q1. Logical Questions - Check out Geeks for Geeks Puzzles and memorise them all or atleast understand logic for each
  • Q2. 3 ants around a triangle problem
  • Q3. Find top 3 horses from 25 horses set
  • Ans. 

    To find the top 3 horses from a set of 25 horses, we can sort them based on their performance or rankings.

    • Sort the horses based on their performance or rankings

    • Select the top 3 horses from the sorted list

    • Consider factors like speed, endurance, and previous race results

  • Answered by AI
  • Q4. How will you approach conflicts at workplace?
  • Ans. 

    I approach conflicts at workplace by actively listening, understanding all perspectives, and finding a mutually beneficial solution.

    • Actively listen to all parties involved in the conflict

    • Seek to understand the root cause of the conflict

    • Encourage open communication and dialogue

    • Find a mutually beneficial solution that addresses the concerns of all parties

    • Mediate if necessary to facilitate resolution

  • Answered by AI
Round 3 - One-on-one 

(4 Questions)

  • Q1. Behavioural questions
  • Q2. How will you manage work life balance?
  • Ans. 

    I prioritize tasks, set boundaries, delegate when necessary, and make time for self-care.

    • Prioritize tasks based on deadlines and importance

    • Set boundaries by establishing work hours and sticking to them

    • Delegate tasks to team members when overwhelmed

    • Schedule time for self-care activities like exercise, hobbies, and relaxation

    • Communicate with supervisors and colleagues about workload and availability

  • Answered by AI
  • Q3. What are the 3 pillars of data management?
  • Ans. 

    The 3 pillars of data management are data quality, data governance, and data security.

    • Data quality ensures that data is accurate, complete, and reliable.

    • Data governance involves establishing policies and procedures for managing data assets.

    • Data security focuses on protecting data from unauthorized access or breaches.

  • Answered by AI
  • Q4. How will you solve disputes and disagreements with your manager?
  • Ans. 

    I will approach disputes with my manager by actively listening, seeking common ground, and proposing solutions collaboratively.

    • Actively listen to my manager's perspective and concerns

    • Seek common ground and areas of agreement

    • Propose solutions collaboratively, considering both perspectives

    • Maintain professionalism and respect throughout the discussion

    • Seek feedback and learn from the experience to prevent future conflicts

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Stay in touch with HR because their process is long and needs many approvals before you can join the company but worth every minute and effort because the company is top notch

Skills evaluated in this interview

Interview experience
1
Bad
Difficulty level
-
Process Duration
-
Result
-
  • Q1. How many 0 in 1 mill
  • Ans. 

    One million has six zeros: 1,000,000.

    • One million is represented as 1 followed by six zeros.

    • In numerical form: 1,000,000.

    • This can be broken down as: 1 x 10^6.

    • Examples of one million: 1 million dollars, 1 million people.

  • Answered by AI
  • Q2. Why do you want work life balance when you’re a bachelor
  • Ans. 

    Work-life balance is essential for personal growth, mental health, and sustained productivity, regardless of marital status.

    • Maintaining mental health: A balanced life helps reduce stress and prevent burnout, which is crucial for long-term career success.

    • Pursuing hobbies: Engaging in personal interests outside of work fosters creativity and can enhance problem-solving skills in the workplace.

    • Building relationships: Havi...

  • Answered by AI

Synchrony Interview FAQs

How many rounds are there in Synchrony Senior Fraud Specialist interview for freshers?
Synchrony interview process for freshers usually has 2 rounds. The most common rounds in the Synchrony interview process for freshers are Resume Shortlist and One-on-one Round.
What are the top questions asked in Synchrony Senior Fraud Specialist interview for freshers?

Some of the top questions asked at the Synchrony Senior Fraud Specialist interview for freshers -

  1. Example Of customer serv...read more
  2. Education experie...read more

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Synchrony Senior Fraud Specialist Interview Process for Freshers

based on 1 interview

Interview experience

4
  
Good
View more

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Synchrony Senior Fraud Specialist Salary
based on 71 salaries
₹2.9 L/yr - ₹7 L/yr
18% less than the average Senior Fraud Specialist Salary in India
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Synchrony Senior Fraud Specialist Reviews and Ratings

based on 22 reviews

4.4/5

Rating in categories

4.0

Skill development

4.2

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3.8

Salary

4.5

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4.4

Company culture

3.2

Promotions

4.1

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