Transaction Processing Associate Interview Questions and Answers for Freshers

Trade life cycle refers to the stages involved in a trade from initiation to settlement.

• The trade life cycle includes trade initiation, trade execution, trade confirmation, trade settlement, and trade reconciliation.

• Back office operations involve trade settlement, which includes matching trade details, ensuring proper documentation, and processing payments.

• Trade settlement involves communication between various parties such as brokers, custodians, and clearing houses.

• Errors i...read more

Yes, I am comfortable with working flexible timings to accommodate the needs of the job.

• I am willing to work evenings, weekends, or holidays if required

• I can adjust my schedule to meet deadlines or handle unexpected workloads

• I have previous experience working flexible hours in my previous job

Business process outsourcing is when a company contracts out specific business tasks to a third-party provider.

• Companies outsource tasks like customer service, payroll processing, and IT services to save costs and improve efficiency.

• Outsourcing can be done domestically or internationally, depending on the company's needs and budget.

• Popular outsourcing destinations include India, the Philippines, and Eastern Europe.

• Outsourcing allows companies to focus on their core competenci...read more