Wells Fargo Associate Vice President Finance 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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1 hour and topics accounting

Q1. What are key KPI for risk manager.
Ans. 
Key KPIs for risk managers include risk exposure, risk mitigation effectiveness, and compliance with regulations.
• Risk exposure: Measure the level of risk the organization is exposed to, such as financial, operational, or reputational risk.

• Risk mitigation effectiveness: Evaluate how well risk management strategies are reducing the impact of potential risks.

• Compliance with regulations: Ensure that the organization is mee...read more
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It's quants and reasoning

Average gives the current affairs topic

Q1. Basic HR questions
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Q2. Tell me about yourself, why do we hire you
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Q3. What is your strengths
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Q4. What is depreciation
Ans. 
Depreciation is the allocation of the cost of a tangible asset over its useful life.
• Depreciation is a non-cash expense that reduces the value of an asset over time.

• It reflects the wear and tear, obsolescence, or decrease in value of an asset.

• Common methods of calculating depreciation include straight-line, double declining balance, and units of production.

• Example: A company purchases a delivery truck for $50,000 with a...read more
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Q5. Journal entries
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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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Collection to good as customer thinking to no pay to payment then according to customer behiver to process collection executive

Your counting as a good in company case diposit

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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