Wells Fargo Senior Assistant Vice President Interview Questions and Answers

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Q1. General work and java related questions
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Q1. General work and java related questions
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Q1. Still needs to appear for it
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Q1. How to manage work if one employee is on annual leave and another one takes a sick leave
Ans. 
Delegate tasks, prioritize work, communicate with team members, adjust deadlines if necessary
• Delegate tasks to other team members to ensure work continues smoothly

• Prioritize work based on urgency and importance

• Communicate with team members about the situation and any adjustments that may be needed

• Adjust deadlines if necessary to accommodate the absence of employees

• Consider bringing in temporary help or redistributing w
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Q2. What is investment company act 1940
Ans. 
The Investment Company Act of 1940 regulates the organization of investment companies and the activities they engage in.
• Passed in 1940 to regulate the organization and activities of investment companies

• Requires registration with the SEC and disclosure of financial information to investors

• Sets standards for governance, operations, and transactions of investment companies

• Designed to protect investors from fraud and confl
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Q3. Where do you see yourself in the next 5yrs
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Q4. What are your strengths
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Q1. The personality assessment was set of online questions for around 20 mins
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Q1. Role Play for a business analyst role.
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Q2. Scenario based question for a particular problem
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Q3. Reasons for them to hire me.
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Coding test includes 2 program and mcq

Q1. Tech questions. Project overview
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Q1. Roles and responsibilities in last project
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Test duration was 1 hour and questions will be dependent on your skills.
Mostly Multi choice question will be there.

Q1. OAuth2 types and working
Ans. 
OAuth2 is a protocol used for authorization. It has four types of grants.
• OAuth2 is used to grant access to resources without sharing passwords.

• The four types of grants are: Authorization Code, Implicit, Resource Owner Password Credentials, and Client Credentials.

• Authorization Code is the most commonly used grant type and involves exchanging an authorization code for an access token.

• Implicit grant type is used for mobil...read more
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Q2. You can check search on your own
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Q1. Asked about working of Jenkins CICD
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Q1. Mostly on salary discussion
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Q1. What do you know about Liquidity risk?
Ans. 
Liquidity risk refers to the risk that a company or financial institution may not be able to meet its short-term financial obligations.
• Liquidity risk is the risk that an entity may not have enough liquid assets to meet its short-term liabilities.

• It can arise from mismatches between assets and liabilities, sudden withdrawals of funds, or inability to sell assets quickly.

• Examples include a bank facing a sudden surge in w...read more
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Q2. Asked about LCR, NSFR, Capital adequacy ratios
Ans. Explained the ratios in text book format and explained with real time example as I don't have similar work experience. This took 10-15 mins to explain as I need to relate real time examples.
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Q1. Salary Expectations and my personal background
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Q1. Tell me about your experience
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Q1. Don’t remember about the interview
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Q1. Don’t remember about the interview
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Q1. Whts is your highest qualifications
Ans. 
I hold a PhD in Economics from a top university.
• PhD in Economics

• Top university

• Specialization in a specific area of Economics

• Research experience and publications

• Advanced knowledge in economic theory and analysis
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Q2. Share your experience on certain projects
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