Lead Solution Advisor

Lead Solution Advisor Interview Questions and Answers

Updated 12 Jun 2024

Q1. Can you tell few things where you have changed the status quo ?

Ans.

I have changed the status quo in multiple projects by introducing new technologies and processes.

  • Introduced agile methodology in a traditional waterfall project, resulting in faster delivery and better collaboration.

  • Implemented a new CRM system that improved customer engagement and increased sales by 20%.

  • Developed a new data analytics tool that provided real-time insights and helped in making data-driven decisions.

  • Introduced a new project management tool that improved team pr...read more

Q2. Describe a Repo Transaction.

Ans.

A repo transaction is a short-term borrowing arrangement where one party sells securities to another party with a promise to buy them back at a later date.

  • Repo stands for repurchase agreement.

  • The party selling the securities is the borrower and the party buying them is the lender.

  • The borrower pays interest to the lender for the use of the funds.

  • The securities serve as collateral for the loan.

  • Repo transactions are commonly used in the financial industry for short-term funding ...read more

Q3. underlying assumptions of ML algorithms

Ans.

ML algorithms assume that the data is representative and unbiased.

  • ML algorithms assume that the data is accurately labeled and free from errors.

  • They assume that the data is relevant to the problem being solved.

  • They assume that the data is representative of the population it was sampled from.

  • They assume that the data is unbiased and not influenced by any external factors.

  • ML algorithms also assume that the relationships between the input and output variables are consistent and ...read more

Q4. Scorecard development steps

Ans.

Scorecard development involves defining objectives, selecting metrics, setting targets, collecting data, analyzing results, and communicating findings.

  • Define objectives and key performance indicators (KPIs)

  • Select appropriate metrics to measure performance

  • Set realistic targets for each metric

  • Collect relevant data to track progress

  • Analyze results to identify trends and insights

  • Communicate findings to stakeholders for decision-making

  • Iterate and refine the scorecard based on feed...read more

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