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Union Bank of India Senior Bank Manager Interview Questions, Process, and Tips

Updated 28 Jun 2024

Union Bank of India Senior Bank Manager Interview Experiences

1 interview found

Senior Bank Manager Interview Questions & Answers

user image Yogya Lakshmi Devi Kaza

posted on 28 Jun 2024

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

I applied via Newspaper Ad and was interviewed in May 2024. There were 4 interview rounds.

Round 1 - One-on-one 

(4 Questions)

  • Q1. Your experience in financial management and its relation to accounts payable process ?
  • Ans. 

    I have over 10 years of experience in financial management, including overseeing accounts payable processes.

    • Managed accounts payable department to ensure timely and accurate processing of invoices

    • Implemented cost-saving measures by negotiating vendor terms and discounts

    • Utilized financial analysis to identify trends and improve cash flow management

    • Collaborated with cross-functional teams to streamline accounts payable p...

  • Answered by AI
  • Q2. How you utilized your accounting expertise to streamline accounts payable procedures in your previous roles ?
  • Ans. 

    I implemented automated invoice processing systems and negotiated vendor discounts to improve efficiency and reduce costs.

    • Implemented automated invoice processing systems

    • Negotiated vendor discounts to reduce costs

    • Streamlined approval workflows for faster payments

  • Answered by AI
  • Q3. How do you updated in industry trends& best practices in accounts payable management?
  • Ans. 

    I stay updated through industry publications, attending conferences, networking with peers, and participating in online forums.

    • Subscribe to industry publications such as 'Accounts Payable News' and 'The Accounts Payable Network'

    • Attend conferences and seminars like 'AP & P2P Conference & Expo' to learn about the latest trends

    • Network with other professionals in the field through LinkedIn groups and industry events

    • Partici...

  • Answered by AI
  • Q4. Can you talk about a challenging situation you faced at work and how you overcame it ?
Round 2 - Interview 

(4 Questions)

  • Q1. What is journal entry. What is its importance.
  • Ans. 

    Journal entry is a record of a financial transaction in a company's accounting system.

    • Journal entry is used to record the financial effects of business transactions.

    • It consists of a debit entry and a credit entry, with an explanation of the transaction.

    • Journal entries are important for maintaining accurate financial records and preparing financial statements.

    • They help in tracking the flow of money in and out of the bus...

  • Answered by AI
  • Q2. If we receive stock from vendors what are the entries to be made ?
  • Ans. 

    Entries for receiving stock from vendors include debit to inventory and credit to accounts payable.

    • Debit inventory account for the value of stock received

    • Credit accounts payable for the same value

    • Record any additional charges or discounts separately

  • Answered by AI
  • Q3. How do you organize and manage your time between various tasks and projects ?
  • Q4. How do you prioritize payments and manage cash flow effectively in accounts payable operations?
  • Ans. 

    Prioritize payments by due date, importance, and available funds. Manage cash flow by forecasting, monitoring, and adjusting payment schedules.

    • Prioritize payments based on due dates to avoid late fees and maintain vendor relationships

    • Consider the importance of each payment to the business operations when deciding the order of payments

    • Manage cash flow by forecasting upcoming expenses and revenue, adjusting payment sched...

  • Answered by AI
Round 3 - Personality Assessment 

(2 Questions)

  • Q1. What motivated you to apply for accounts payable executive ?
  • Q2. How do you balance your work life and personal life?
Round 4 - HR 

(2 Questions)

  • Q1. Job Location you prefer
  • Q2. Remuneration you opt for ?

Interview Preparation Tips

Topics to prepare for Union Bank of India Senior Bank Manager interview:
  • Banking Operations
  • Accounts Payable
  • Accouns Receivable
  • Bank Balances
  • Bank Reconciliation
Interview preparation tips for other job seekers - Update your resume and covering letter .send follow up emails. Answer confidently with dignified body language. Accept your failures. Be sincere and honest. Learn the unknown things at any point of time from any one irrespective of their Cadre.

Interview questions from similar companies

Interview experience
5
Excellent
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
-
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 

(2 Questions)

  • Q1. Related bank of Baroda working
  • Q2. Related Cts and operational work And advances

Interview Preparation Tips

Interview preparation tips for other job seekers - Good output. Work honesty
Best customer service
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Company Website and was interviewed in Mar 2024. There were 2 interview rounds.

Round 1 - HR 

(4 Questions)

  • Q1. Introduce yourself
  • Q2. Why did you leave your previos job
  • Q3. Tell me about your strength and weakness
  • Q4. Tell me banking product
  • Ans. 

    Banking products are financial instruments offered by banks to customers, such as savings accounts, credit cards, loans, and investment products.

    • Savings accounts: A type of account where customers can deposit and withdraw money while earning interest.

    • Credit cards: A payment card issued by a bank that allows the cardholder to borrow funds for purchases.

    • Loans: Financial products where a bank lends money to a customer wit...

  • Answered by AI
Round 2 - Technical 

(4 Questions)

  • Q1. Tell me something about yourself
  • Q2. What is demonitization
  • Ans. 

    Demonetization is the act of stripping a currency unit of its status as legal tender.

    • Demonetization is usually done to curb corruption, black money, and counterfeit currency.

    • It can lead to temporary economic disruption and inconvenience to the public.

    • India implemented demonetization in 2016 by invalidating high-denomination currency notes.

    • The goal was to move towards a cashless economy and reduce the circulation of bla

  • Answered by AI
  • Q3. Tell me banking product
  • Ans. 

    Banking products are financial instruments offered by banks to customers, such as savings accounts, loans, credit cards, and investment products.

    • Savings accounts: allow customers to deposit money and earn interest

    • Loans: provide customers with funds that must be repaid with interest

    • Credit cards: allow customers to make purchases on credit and pay back later

    • Investment products: such as mutual funds, stocks, and bonds, he

  • Answered by AI
  • Q4. Difference between asset and liablity
  • Ans. 

    Assets are resources owned by a company, while liabilities are obligations or debts owed by a company.

    • Assets are things of value that a company owns, such as cash, inventory, equipment, and property.

    • Liabilities are obligations that a company owes to others, such as loans, accounts payable, and accrued expenses.

    • Assets are listed on the left side of the balance sheet, while liabilities are listed on the right side.

    • The di...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - be confident
Interview experience
3
Average
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Recruitment Consulltant and was interviewed in Feb 2024. There were 3 interview rounds.

Round 1 - Group Discussion 

Group discussion with 18 to 15 folks.. With two moderators

Round 2 - Language assessment 

(1 Question)

  • Q1. Multiple questions were asked one on one. Generic questions about your best holiday... Fondest memory.
Round 3 - One-on-one 

(4 Questions)

  • Q1. Questions about your previous work experience
  • Q2. Reason for leaving the previous job
  • Q3. Reasons for joining barclays
  • Ans. 

    I am drawn to Barclays for its strong reputation, commitment to innovation, and opportunities for career growth.

    • Strong reputation in the banking industry

    • Commitment to innovation in financial services

    • Opportunities for career growth and development

  • Answered by AI
  • Q4. Mock calls with the interviewers

Interview Preparation Tips

Interview preparation tips for other job seekers - The process is time consuming as it is a walk in hiring process. Be patient and carry refreshments. Be well prepared with the background of the company and their mindset. Relate your work experience and your professional goals with their mindset.
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
No response

I applied via LinkedIn and was interviewed in May 2024. There was 1 interview round.

Round 1 - Video Call 

(2 Questions)

  • Q1. Describe a recent business news and how it would affect your role
  • Q2. Tell me about yourself
  • Ans. 

    I am a recent graduate with a strong background in finance and a passion for investment banking.

    • Recent graduate with a degree in finance

    • Internship experience in investment banking

    • Strong analytical and financial modeling skills

    • Passionate about the investment banking industry

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Make sure to be up-to-date with news etc and to read about the company. There are a lot of questions that have been published online that they brought up in the interview.
Interview experience
1
Bad
Difficulty level
-
Process Duration
-
Result
-
Round 1 - HR 

(2 Questions)

  • Q1. Can you tell me a little about banking
  • Ans. 

    Banking involves financial transactions, loans, investments, and other services provided by financial institutions.

    • Banking involves accepting deposits from customers and providing loans to individuals and businesses.

    • Banks also offer services such as credit cards, investment products, and wealth management.

    • Banking institutions play a crucial role in the economy by facilitating financial transactions and promoting econom...

  • Answered by AI
  • Q2. How did you hear about this job
  • Ans. 

    I heard about this job through a job posting on LinkedIn.

    • Saw job posting on LinkedIn

    • Received notification from job search website

    • Referred by a friend or colleague

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

I applied via Company Website 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 - Case Study 

Output and input details

Round 3 - Technical 

(5 Questions)

  • Q1. Jo aapko puchna poochh lijiye
  • Q2. Jo aapko theek Lage puchna chahie
  • Q3. Jo aapko theek Lage poochh lijiye
  • Q4. Jab ko puchna poochh lijiye
  • Q5. To puchna Ho poochh lijiyega

Interview Preparation Tips

Interview preparation tips for other job seekers - Lchlxifxohckgz cmhxyox hkcoyxhkcyf
Interview experience
4
Good
Difficulty level
-
Process Duration
-
Result
-
Round 1 - One-on-one 

(1 Question)

  • Q1. Why should hire you?
Interview experience
3
Average
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Properly align and format text in your resume. A recruiter will have to spend more time reading poorly aligned text, leading to high chances of rejection.
View all tips
Round 2 - Group Discussion 

That gives the condition and told how to manage this ?

Round 3 - Interview 

(3 Questions)

  • Q1. According to the qualifications
  • Q2. Seeking management skills
  • Q3. Others skills for be interaction with their customers

Interview Preparation Tips

Interview preparation tips for other job seekers - It's compulsory take a interview and check-in the confidence of the candidate to handling the situations.
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 - One-on-one 

(1 Question)

  • Q1. What was your experience in previous company?
  • Ans. It was good journey in previous one. Had more things learnt from the organization, people behaviour, work nature and environment was fantastic time.
  • Answered by Ramu
Round 3 - HR 

(1 Question)

  • Q1. Why you came out from previous company?
  • Ans. Truly if I say, came out for my growth.
  • Answered by Ramu

Interview Preparation Tips

Interview preparation tips for other job seekers - It was nice experience to share details about me.

Union Bank of India Interview FAQs

How many rounds are there in Union Bank of India Senior Bank Manager interview?
Union Bank of India interview process usually has 4 rounds. The most common rounds in the Union Bank of India interview process are One-on-one Round, Personality Assessment and HR.
What are the top questions asked in Union Bank of India Senior Bank Manager interview?

Some of the top questions asked at the Union Bank of India Senior Bank Manager interview -

  1. How you utilized your accounting expertise to streamline accounts payable proce...read more
  2. If we receive stock from vendors what are the entries to be mad...read more
  3. How do you prioritize payments and manage cash flow effectively in accounts pay...read more

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Union Bank of India Senior Bank Manager Interview Process

based on 2 interviews

Interview experience

4
  
Good
View more

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Union Bank of India Senior Bank Manager Reviews and Ratings

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3.6/5

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4.5

Company culture

3.6

Promotions

4.5

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