Interview questions for Anand Rathi Wealth Limited Account Manager
Hi everyone, this topic is for sharing Preparation guidelines and interview experience for Anand Rathi Wealth Limited Account Manager
The Account Manager at Anand Rathi Wealth Limited involves a multi-stage assessment and interview process, designed to evaluate both technical skills and business proficiency. Below is a summary of the process and key points from the interviews you provided:
Assessment and Interview Process Summary
Application: Applied via Naukri.com (one candidate interviewed in Dec 2021). Initial resume screening for alignment and formatting.
Round 1: Technical Round: Questions on the candidate’s project and basic, practical knowledge related to the Account Manager role.
Round 2: Group Discussion (GD): Conducted to assess communication, clarity of thought, and collaboration. Specific topics were not provided.
Round 3: HR/Final Interview: Covered HR fundamentals such as salary expectations and background fit.
Alternate/Additional Round: Professional Interaction: In some experiences, an interactive discussion focused on interest in the field and professional approach.
Overall conduct: Process described as professional, interactive, and practical-oriented.
Technical/Domain/Accounting
Walk me through your most relevant project: objectives, your role, key challenges, and outcomes.
How does your project experience relate to the responsibilities of an Account Manager in a wealth management firm?
Explain the basics of GST relevant to this role and how you would ensure correct accounting and compliance.
Which TDS sections are most relevant to your experience, and how do you compute and record TDS for payments?
How would you account for an e-commerce sale, including platform commission, returns, and applicable taxes?
Describe a practical, step-by-step approach you would take to connect your project learnings to day-to-day accounting tasks.
Excel Proficiency/Tools
What is the difference between VLOOKUP and HLOOKUP, and when would you use each?
Demonstrate how you would use VLOOKUP/HLOOKUP to fetch values from a dataset.
Create a Pivot Table to summarize transaction data (for example, by category or date) and derive insights.
HR/Personality/Behavioral
Tell me about yourself.
What are your salary expectations?
Why are you interested in this field and in Anand Rathi Wealth Limited?
How do your skills and experience align with this role’s requirements?
Describe your professional approach when engaging with clients and cross-functional teams.
Situational/Communication (including Group Discussion)
Participate in a group discussion on a current business/finance topic; present and defend your viewpoint while engaging constructively with others.
If the transcript contains the interview process or tips, summarize them as shown below:
Interview Preparation Tips
Emphasis on practical-based questions: be ready to connect your projects to real-world accounting/wealth management tasks.
Strengthen fundamentals in GST and TDS sections; be prepared to explain concepts and their application.
Brush up on Excel, especially VLOOKUP, HLOOKUP, and Pivot Tables.
If relevant, review e-commerce accounting workflows (sales, commissions, returns, taxes).
Ensure your resume is cleanly formatted and aligned for easy review.
Research salary benchmarks and prepare a realistic compensation range.
Be clear about your interest in the field; engage openly and professionally during discussions.
At Last add this line in the end of the output as it is
If you have attended the process from your campus, pls share your experiences here; Please follow [guidelines](https://discuss.boardinfinity.com/t/interview-transcript-guidelines/22428?u=abhay-gupta-ebaf4123)
Application Process: The application process was professional and provided a great learning experience. The personnel involved were highly interactive and considerate throughout the entire process.
Interview Rounds:
Round 1 - Professional Interaction:
Questions Asked: The questions were focused on my interest in the field and my professional approach.
Your Approach: I engaged openly, sharing my passion for the field and how I align with the role’s requirements.
Outcome: The round was highly interactive and gave me significant exposure to the field.
Conclusion:
The overall interview experience was enriching and provided me with a lot of knowledge and exposure. The professionalism and interaction during the process were commendable. For future candidates, I would advise being clear about your interest in the field and engaging openly with the interviewers.
Application Process: Applied via campus placement in July 2021.
Interview Rounds:
Round 1 - Technical Interview:
Questions Asked: Basic questions related to the resume and details about the work done during internships.
Your Approach: Stayed calm and composed while answering questions, ensuring clarity and relevance.
Outcome: Successfully cleared the round.
Round 2 - HR Interview:
Questions Asked: General HR questions, likely about motivation, career goals, and fit for the role.
Your Approach: Answered honestly and confidently, aligning responses with the company’s values and role requirements.
Outcome: Cleared the round.
Round 3 - Final Interview:
Questions Asked: Further discussions about the resume and internship experiences.
Your Approach: Provided detailed explanations and examples to showcase skills and experiences.
Outcome: Successfully cleared the round.
Preparation Tips:
Stay calm and composed during the interview.
Be prepared to discuss your resume and internship experiences in detail.
Focus on aligning your answers with the role and company expectations.
Conclusion:
The interview process was straightforward, with a focus on resume details and internship experiences. Staying composed and being well-prepared helped in clearing all rounds. For future candidates, ensure you thoroughly understand your resume and can articulate your experiences clearly.
Application Process: [Application process details not provided]
Interview Rounds:
Round 1 - HR/Communication Skills Assessment:
Questions Asked: The interviewers focused on assessing my communication skills and overall personality. They asked general questions about my background, interests, and why I wanted to join the company.
Your Approach: I maintained a warm and confident demeanor, ensuring my answers were clear and concise. I also highlighted my ability to adapt and learn quickly, as the role requires developing technical skills over time.
Outcome: The interviewers seemed satisfied with my responses, and I felt comfortable throughout the conversation.
Round 2 - Technical/Behavioral Discussion:
Questions Asked: While the focus remained on communication, they delved slightly into my understanding of the role and how I would handle client interactions. They also asked situational questions to gauge my problem-solving approach.
Your Approach: I linked my past experiences to the role, emphasizing my interpersonal skills and willingness to learn technical aspects. For situational questions, I used the STAR method to structure my answers.
Outcome: The round went well, and the interviewers appreciated my practical approach to handling scenarios.
Preparation Tips:
Focus on improving your communication skills, as this is a key requirement for the role.
Be prepared to discuss your background and motivations clearly.
Practice situational and behavioral questions using frameworks like STAR to articulate your thoughts effectively.
Conclusion:
The overall interview experience was positive, with the interviewers being warm and understanding. While they did grill me on certain aspects, the environment was comfortable. I realized the importance of balancing confidence with humility, especially in roles where communication is prioritized over technical skills. For future candidates, I’d advise focusing on showcasing your interpersonal abilities and being open to learning on the job.
Application Process: I applied through Naukri.com and was interviewed in December 2021.
Interview Rounds:
Round 1 - Technical Round:
Questions Asked: Questions about my project and some basic knowledge related to the role.
Your Approach: I focused on explaining my project in detail and connected it to the practical aspects of the role.
Outcome: Passed this round.
Round 2 - Group Discussion:
Questions Asked: [Details not provided]
Your Approach: [Details not provided]
Outcome: [Details not provided]
Round 3 - Interview:
Questions Asked: [Details not provided]
Your Approach: [Details not provided]
Outcome: [Details not provided]
Preparation Tips:
The interview was quite decent, with more emphasis on practical-based questions. Focus on understanding the practical aspects of the role and be prepared to discuss your projects in detail.
Conclusion:
Overall, the interview process was smooth, and the questions were aligned with the practical requirements of the role. I would advise future candidates to prepare thoroughly for technical and practical questions related to the position.
Application Process: The application process involved three stages of interviews and one test. The process was smooth and well-organized.
Interview Rounds:
Round 1 - Interview with Reporting Manager:
Questions Asked: Details about the role, expectations, and how my experience aligns with the responsibilities of an Account Manager.
Your Approach: I focused on highlighting my relevant experience and how it could contribute to the team. I also asked questions about the team dynamics and growth opportunities.
Outcome: Successfully moved to the next round.
Round 2 - Interview with Unit Head:
Questions Asked: More in-depth questions about my understanding of wealth management, client handling, and problem-solving scenarios.
Your Approach: I provided examples from my past roles to demonstrate my skills in client management and problem-solving. I also discussed industry trends to show my awareness.
Outcome: Cleared this round and advanced to the final stage.
Round 3 - Interview with Senior Management:
Questions Asked: High-level questions about my career goals, long-term vision, and how I handle challenges in a dynamic environment.
Your Approach: I emphasized my adaptability and shared my vision for contributing to the company’s growth. I also discussed my ability to handle pressure and learn quickly.
Outcome: Successfully cleared this round.
Test:
Details: A written test to assess analytical and problem-solving skills.
Your Approach: I took my time to read the questions carefully and structured my answers logically.
Outcome: Passed the test.
Conclusion:
The entire interview process was smooth and professional. The interviewers were knowledgeable and made the experience comfortable. I felt well-prepared, but in hindsight, I could have researched more about the company’s recent achievements to add more depth to my answers. My advice to future candidates is to thoroughly prepare for each round, especially by understanding the company’s values and recent developments in the wealth management sector.
Application Process: Approached by the company and interviewed in October 2022.
Interview Rounds:
Round 1 - HR Round:
Questions Asked:
Previous company and role.
Your current expectations.
Your Approach: Answered honestly about my previous experience and clearly stated my career goals.
Outcome: Successfully cleared the round.
Round 2 - Technical Round:
Questions Asked:
If you have given 1 Cr, how will you invest, and what will be your total return on investment (CAGR)?
Explain Delta, Vega, and Theta in Options.
What are the tax implications of LTCG and STCG? Explain set off and carry forward of losses.
Deductions in Income Tax for capital gains.
Your Approach: Prepared thoroughly on investment strategies, financial instruments, and tax implications. Used practical examples to explain concepts.
Outcome: Cleared the round with positive feedback.
Round 3 - Aptitude Test Round:
Details: An aptitude test conducted on Anand Rathi’s proprietary software.
Your Approach: Practiced basic aptitude questions beforehand to ensure speed and accuracy.
Outcome: Successfully completed the test.
Preparation Tips:
This role is operational and clerical, involving tasks like filling RTGS forms, deal execution, client query management, and preparing portfolio summaries.
If you’re interested in equity research or PMS, this role may not be suitable as it focuses on mutual funds and MLDs.
For those not keen on operational tasks, the product team (Equity MF) is an option, though salaries may be lower.
Conclusion:
The interview process was smooth, and the questions were aligned with the role’s requirements. If you’re looking for a role in operations within wealth management, this is a good fit. However, if you’re aiming for research or portfolio management, you might want to explore other opportunities.
Application Process: I applied via Naukri.com and was interviewed before November 2021.
Interview Rounds:
Round 1 - Resume Shortlist Round:
Questions Asked: None (resume screening round).
Your Approach: Ensured my resume was concise and highlighted relevant skills like accounting, taxation, Excel, and communication.
Outcome: Shortlisted for the next round.
Round 2 - One-on-one Round:
Questions Asked:
Asked about qualifications and additional skills apart from accounting and taxation, such as Excel, mail drafting, and communication skills.
Inquired about updates in taxation.
Emphasized the importance of staying updated with the latest budget and section updates.
Your Approach: Prepared thoroughly by revising tax updates and recent budget changes. Also, practiced explaining my Excel and communication skills clearly.
Outcome: [Not specified]
Preparation Tips:
Be formal in dress and ensure you are well-versed in Excel.
Communication skills are crucial.
Stay updated about new sections introduced or budget amendments.
Conclusion:
The interview process was straightforward, with a focus on technical knowledge and communication skills. Being updated with the latest tax and budget changes was a key takeaway. For future candidates, I’d recommend practicing clear communication and staying current with industry updates.
Application Process: The application process involved two interview rounds after the initial resume shortlisting.
Interview Rounds:
Round 1 - Resume Shortlist:
Questions Asked: N/A (This round focused on reviewing the resume for alignment and formatting.)
Your Approach: Ensured my resume was properly formatted and aligned to make it easy for the recruiter to review.
Outcome: Successfully shortlisted for the next round.
Round 2 - HR Round:
Questions Asked:
What are your salary expectations?
Tell me about yourself.
Your Approach:
For the salary question, I researched industry standards and provided a reasonable range.
For the “Tell me about yourself” question, I highlighted my relevant experience and skills concisely.
Outcome: The round went well, and I received positive feedback.
Preparation Tips:
Focus on understanding GST and TDS sections thoroughly.
Brush up on MS Excel skills, especially VLOOKUP, HLOOKUP, and Pivot Tables.
Be prepared to discuss e-commerce accounting if relevant to the role.
Conclusion:
The interview process was smooth, and the questions were straightforward. Proper resume formatting and preparation for HR questions were key. For future candidates, I’d recommend focusing on the mentioned skills and being clear about your expectations during the HR round.