Wells Fargo Vice President Project Interview Questions and Answers

Q1. 1. Basics of Software Engineering..
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Q2. 2. Design a given use case
Ans. 
Design a use case for a mobile banking app
• Allow users to check account balance and transaction history

• Enable fund transfers between accounts

• Provide secure login with biometric authentication

• Offer personalized financial insights and recommendations

• Allow users to set up recurring payments and schedule bill payments
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Q1. Previous companies salary, why leaving etc.
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Q1. Questions on the skills mentioned in the profike
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Q1. Scenario based design
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Q1. Scenario based in depth
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Q1. Compensation discussion
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Q1. SQL, UNIX coding questions
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Q1. Scenario based and how you would approach the problem and what is the possible solution
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Q1. Usual Salary negotiations
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Hacker rank test link

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. Risk and Return comparison of different banking products
Ans. 
Different banking products offer varying levels of risk and return for investors.
• Banking products like savings accounts offer low risk but also low return

• Investing in stocks or mutual funds carries higher risk but potential for higher returns

• Certificates of deposit (CDs) offer a middle ground with moderate risk and return potential
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Q2. With above comparison, which are your product recommendation for bank.
Ans. 
I recommend implementing a digital banking platform with features like mobile banking, online account opening, and AI-powered chatbots.
• Implement a user-friendly mobile banking app for easy access to accounts and transactions

• Offer online account opening to attract new customers and streamline the onboarding process

• Integrate AI-powered chatbots for customer support and assistance with basic banking tasks
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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. Ouath vs kerberos?
Ans. 
Kerberos is a network authentication protocol while OAuth is an authorization framework.
• Kerberos is primarily used for authentication within a network environment.

• OAuth is used for authorization, allowing a user to grant access to their resources without sharing their credentials.

• Kerberos uses tickets for authentication, while OAuth uses tokens for authorization.

• Examples: Kerberos is commonly used in corporate networks...read more
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Q2. Explain java8 features like streaming
Ans. 
Java 8 introduced streaming as a new way to process collections of data efficiently.
• Streaming allows for functional-style operations on collections, such as map, filter, and reduce.

• It supports parallel processing to improve performance on multi-core processors.

• Streams are lazy, meaning they only process elements as needed, which can save memory and improve performance.

• Example: List<String> names = Arrays.asList("...read more
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Q3. What is react redux
Ans. 
React Redux is a popular state management library for React applications.
• React Redux is used to manage the state of a React application in a predictable way.

• It allows for a single source of truth for the state of the application.

• Actions are dispatched to update the state, and components can subscribe to changes in the state.

• Selectors can be used to efficiently extract data from the state.

• Example: combineReducers, creat
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Q4. Explain how react component
Ans. 
React components are reusable, independent pieces of code that manage their own state and can be composed to build complex user interfaces.
• React components are JavaScript functions or classes that return JSX (JavaScript XML) to define the UI.

• Components can have their own state, which can be updated using setState() method.

• Components can receive data through props, which are passed down from parent components.

• Components...read more
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