Ugam Solution Lead Analyst Interview Questions and Answers

Q1. Account payable questions
Add your answer
Q2. Oracle R12 application related
Add your answer

Q1. Tell me about your previous experience
Ans. 
I have over 5 years of experience as a lead business analyst in various industries.
• Led a team of analysts in developing and implementing business strategies

• Performed data analysis to identify trends and make recommendations for improvement

• Collaborated with stakeholders to gather requirements and ensure project success
Answered by AI
Add your answer
Q2. Explain the challenge With API Clients
Ans. 
API clients can pose challenges due to varying levels of technical expertise and understanding of the API.
• Different API clients may have different levels of technical expertise, leading to misunderstandings or misinterpretations of the API documentation.

• API clients may not fully understand the capabilities and limitations of the API, resulting in inefficient or incorrect usage.

• Managing multiple API clients can be compl...read more
Answered by AI
Add your answer

Q1. Most challenging project you worked on.
Ans. 
Leading a team to implement a new CRM system for a multinational company.
• Coordinating with multiple stakeholders to gather requirements

• Managing a diverse team of analysts and developers

• Navigating complex technical challenges and integrations

• Ensuring successful user adoption and training

• Delivering the project on time and within budget
Answered by AI
Add your answer
Q2. Tools used by the Business Analyst
Ans. 
Business analysts use various tools to analyze data and communicate with stakeholders.
• Microsoft Excel for data analysis and reporting

• Jira for project management and tracking

• Lucidchart for creating process flow diagrams

• Tableau for data visualization

• Confluence for documentation and collaboration
Answered by AI
Add your answer

Easy level with domain questions

Q1. Tell about yourself
Add your answer
Q2. More about the role you apply
Add your answer

Q1. Banking domain specific
Add your answer
Q2. What are the steps in a mortgage lending process
Ans. 
The mortgage lending process involves several steps from application to closing.
• 1. Application: Borrower submits application with financial information.

• 2. Pre-approval: Lender evaluates borrower's creditworthiness and pre-approves the loan.

• 3. Property appraisal: Lender assesses the value of the property being purchased.

• 4. Underwriting: Lender reviews all documentation and makes a final decision on the loan.

• 5. Approval:...read more
Answered by AI
Add your answer
Q3. What is personal loan
Ans. 
A personal loan is a type of unsecured loan that is typically used for personal expenses such as home renovations, weddings, or debt consolidation.
• Personal loans are unsecured, meaning they do not require collateral

• They are typically used for personal expenses such as home renovations, weddings, or debt consolidation

• Interest rates on personal loans can vary based on the borrower's credit score and financial history
Answered by AI
Add your answer
Q4. What is account opening
Ans. 
Account opening is the process of creating a new account with a financial institution or service provider.
• Account opening involves providing personal information, identification documents, and agreeing to terms and conditions.

• It is typically done when opening a bank account, credit card account, investment account, or online account.

• The process may vary depending on the type of account and institution, but generally in...read more
Answered by AI
Add your answer
Q5. What are the main milestones in a project
Add your answer

Q1. Explain dashboards created by u
Ans. 
I have created interactive dashboards using Tableau to visualize and analyze data for various projects.
• Utilized Tableau to connect to data sources and create interactive visualizations

• Designed dashboards with filters, drill-down capabilities, and dynamic elements

• Included key performance indicators (KPIs) and trend analysis in the dashboards

• Used color coding and data labels to enhance data interpretation

• Shared dashboard
Answered by AI
Add your answer
Q2. Role in ur current organization
Add your answer

Q1. Scenario based questions
Add your answer
Q2. Breif about your experience
Add your answer

Q1. Tell me about your self
Add your answer

Q1. What is meant garbage collector
Ans. 
Garbage collector is a program that automatically frees up memory by identifying and deleting unused objects in a computer's memory.
• Garbage collector is a part of a programming language's runtime system.

• It helps prevent memory leaks by reclaiming memory occupied by objects that are no longer in use.

• Examples include Java's garbage collector which runs in the background to manage memory allocation and deallocation.
Answered by AI
Add your answer

Q1. Tell me about yourself
Add your answer