authorised Officer Interview Questions and Answers

The three keys of UBS stands for Understanding, Breadth, and Scale.

• Understanding: Deep knowledge and expertise in the financial industry.

• Breadth: Wide range of products and services offered to clients.

• Scale: Global presence and ability to handle large transactions.

Strengths: Detail-oriented, adaptable, team player. Weaknesses: Public speaking, delegating tasks, impatience.

• Strength: Detail-oriented - I pay close attention to details and ensure accuracy in my work.

• Strength: Adaptable - I am able to adjust to changing situations and work well under pressure.

• Strength: Team player - I enjoy collaborating with others and contributing to a positive team dynamic.

• Weakness: Public speaking - I get nervous when speaking in front of large groups, ...read more

Valuing CDS involves estimating the probability of default and the expected loss given default.

• CDS valuation is based on the probability of default and the expected loss given default.

• The probability of default can be estimated using credit ratings, market data, and historical default rates.

• The expected loss given default can be estimated using recovery rates and the size of the exposure.

• Valuation models include structural models, reduced-form models, and Monte Carlo simulati...read more