BNY Mellon Senior Representative Interview Questions & Experience Guide
Company Name: BNY Mellon
Position: Senior Representative
Location: [Not specified]
Application Process: [Not specified]
Interview Rounds:
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Round 1 - Online Interview:
- Questions Asked: Common interview questions (details not specified).
- Your Approach: Focused on presenting myself clearly and professionally, answering questions honestly.
- Outcome: Passed to the next round.
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Round 2 - In-Office Interview:
- Questions Asked: Common interview questions (details not specified).
- Your Approach: Maintained a friendly and confident demeanor, engaging with the managers to showcase my personality and skills.
- Outcome: Positive feedback and a good overall experience.
Conclusion:
The interview process at BNY Mellon was very positive, with friendly managers who made the experience comfortable. The questions were straightforward, focusing on getting to know me better. I would advise future candidates to relax, be themselves, and prepare for common interview questions to ensure a smooth process.
Company Name: BNY Mellon
Position: Senior Representative
Location: [Location not specified]
Application Process: [Application process details not provided]
Interview Rounds:
- Round 1 - Interview:
- Questions Asked: Not specified, but the interviewers were not using their cameras during the interview, which felt disrespectful.
- Your Approach: [Candidate did not provide details on their approach]
- Outcome: Did not receive a reply, and the candidate expressed disinterest in the job or team behavior.
Conclusion:
The overall experience was disappointing due to the lack of professionalism (interviewers not using cameras) and the absence of follow-up communication. The candidate decided this role and team were not a good fit for them.
Company Name: BNY Mellon
Position: Senior Representative
Application Process: The application process was straightforward, and I had a prior good relationship with the manager, which might have helped. However, the overall process moved quite slowly.
Interview Rounds:
- Round 1 - General Interview:
- Questions Asked: The questions were standard and pretty seamless. The interviewers maintained a friendly and low-pressure demeanor.
- Your Approach: I answered the questions confidently, leveraging my prior relationship with the manager to keep the conversation smooth.
- Outcome: The round went well, and I felt comfortable throughout.
Conclusion:
The interview experience with BNY Mellon was pleasant and low-pressure, thanks to the friendly interviewers. While the process was slow, the questions were standard and manageable. My prior relationship with the manager likely played a role in the smooth interaction. For future candidates, I’d recommend being patient with the process and maintaining a calm, confident demeanor during the interview.
Company Name: BNY Mellon
Position: Senior Representative
Application Process: I applied through an online job portal. The process was straightforward, and I received a call for the interview after my resume was shortlisted.
Interview Rounds:
- Round 1 - HR Interview:
- Questions Asked:
- The interviewer explained the values of BNY Mellon and their operations.
- What do you want career-wise as a person?
- What is a hedge fund?
- What is a mutual fund?
- What are Securities?
- Why BNY Mellon?
- Where do you see yourself in five years?
- What can you bring to our company?
- Your Approach: I answered the questions honestly, aligning my career goals with the company’s values. For technical terms like hedge funds and mutual funds, I provided clear definitions and examples. I emphasized my interest in the financial sector and how BNY Mellon’s reputation aligns with my aspirations.
- Outcome: I passed this round and was informed about the next steps.
- Questions Asked:
Preparation Tips:
- Research the company’s values and operations thoroughly.
- Brush up on basic financial terms like hedge funds, mutual funds, and securities.
- Prepare a clear career goal statement and how it aligns with the company’s vision.
Conclusion:
The interview was a great learning experience. I felt confident in my answers, but I could have prepared more examples to showcase my skills. My advice to future candidates is to be clear about their career goals and how they align with the company’s mission. Also, practice explaining financial concepts in simple terms.
Company Name: BNY Mellon
Position: Senior Representative
Application Process: The application was submitted online through the company’s career portal.
Interview Rounds:
- Round 1 - Technical Interview:
- Questions Asked:
- Can you explain NAV calculations?
- How do mutual funds handle corporate actions?
- Your Approach: I focused on breaking down the concepts into simple terms and provided examples to illustrate my understanding. For NAV calculations, I explained the formula and its significance. For corporate actions in mutual funds, I discussed common scenarios like dividends, stock splits, and mergers.
- Outcome: Successfully cleared the round and moved forward in the process.
- Questions Asked:
Preparation Tips:
- Brush up on financial concepts like NAV, mutual funds, and corporate actions.
- Practice explaining technical terms in a clear and concise manner.
- Review real-world examples to strengthen your answers.
Conclusion:
The interview was a great learning experience. I felt confident in my technical knowledge, but I could have prepared more case studies to make my answers even stronger. For future candidates, I’d recommend focusing on practical applications of theoretical concepts.
Company Name: BNY Mellon
Position: Senior Representative
Location: [Location not specified]
Application Process: I applied for the position through Naukri.com and was interviewed before April 2023.
Interview Rounds:
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Round 1 - Technical Round:
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Questions Asked:
- Journal entries
- Derivative market
- Corporate action
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Your Approach: I focused on explaining the concepts clearly, providing examples where applicable, and demonstrating my understanding of financial processes and corporate actions.
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Outcome: [Result not specified]
Preparation Tips:
- Brush up on financial accounting concepts, especially journal entries and corporate actions.
- Understand the basics of the derivative market and its applications.
- Practice explaining these concepts concisely and clearly.
Conclusion:
The interview was a good opportunity to showcase my knowledge in financial accounting and corporate actions. While I felt confident about the technical aspects, I could have prepared more thoroughly for the derivative market questions. For future candidates, I recommend a deep dive into all the topics mentioned and practicing articulating your answers effectively.
Company Name: BNY Mellon
Position: Senior Representative
Location: Not specified
Application Process: I applied via a referral and was interviewed before February 2021.
Interview Rounds:
- Round 1 - One-on-one Round:
- Questions Asked:
- Prepaid and accrual concepts in accounting.
- Your Approach: I focused on explaining the basic accounting principles, particularly the prepaid and accrual concepts, and provided examples of entries for each.
- Outcome: The interview went well, and I was able to demonstrate my understanding of the topic.
- Questions Asked:
Preparation Tips:
- Brush up on basic accounting questions, especially prepaid and accrual concepts and their journal entries.
Conclusion:
The interview was straightforward and focused on fundamental accounting knowledge. Preparing thoroughly for basic accounting concepts helped me feel confident during the interview. For future candidates, I recommend focusing on core accounting principles and practicing journal entries for common scenarios like prepaid and accrual.
Company Name: BNY Mellon
Position: Senior Representative
Application Process: The application was submitted through an online portal. The process was straightforward, and I received a call for the interview shortly after applying.
Interview Rounds:
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Round 1 - Technical/HR Interview:
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Questions Asked:
- Tell me about yourself.
- Why do you want to work at BNY Mellon?
- Describe a challenging situation at work and how you handled it.
- Basic technical questions related to the role (e.g., familiarity with tools, processes).
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Your Approach: I prepared answers for common HR questions beforehand and kept my responses concise and relevant. For technical questions, I focused on my hands-on experience and how it aligns with the role.
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Outcome: I passed this round and was invited for the next interview.
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Round 2 - Managerial/Behavioral Interview:
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Questions Asked:
- How do you prioritize tasks when managing multiple deadlines?
- Can you give an example of a time you led a team or project?
- How do you handle conflicts within a team?
- Scenario-based questions to assess problem-solving skills.
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Your Approach: I used the STAR method to structure my answers for behavioral questions. For scenario-based questions, I emphasized logical thinking and collaboration.
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Outcome: The interviewer seemed satisfied with my responses, and I was selected for the role.
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Preparation Tips:
- Review common HR and behavioral interview questions.
- Practice the STAR method for situational questions.
- Brush up on technical skills relevant to the role.
- Research the company’s values and culture to align your answers.
Conclusion:
The interview process was smooth and well-structured. I felt prepared, but I could have spent more time researching recent company developments. Overall, it was a great learning experience, and I’d advise future candidates to stay calm and confident during the interview.
Company Name: BNY Mellon
Position: Senior Representative
Application Process: I applied via a referral and was interviewed before February 2023.
Interview Rounds:
-
Round 1 - HR Round:
- Questions Asked:
- Qualification and experience.
- Your Approach: I discussed my educational background and relevant work experience in detail, highlighting how it aligns with the role.
- Outcome: Successfully cleared this round.
- Questions Asked:
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Round 2 - Technical Round:
- Questions Asked:
- Accounting accruals and prepaid concepts.
- Your Approach: I explained the concepts clearly, providing examples from my previous work to demonstrate my understanding.
- Outcome: Cleared this round as well.
- Questions Asked:
Preparation Tips:
- Brush up on accounting fundamentals, especially accruals and prepaid concepts.
- Be ready to discuss your experience in detail, focusing on how it relates to the role.
Conclusion:
The interview process was smooth, and the questions were aligned with the role requirements. I felt well-prepared, but I could have practiced more technical accounting questions beforehand. My advice to future candidates is to thoroughly review the job description and prepare accordingly.
Company Name: BNY Mellon
Position: Senior Representative
Application Process: The process began with a brief phone screening by an HR recruiter. Within a week, a different recruiter contacted me via email to schedule an in-person interview for the following week. The recruiter provided detailed interview information, including the day, time, and the names of the two interviewers, after confirming the schedule with them.
Interview Rounds:
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Round 1 - Phone Screening (HR):
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Questions Asked: General questions about my background, interest in the role, and availability.
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Your Approach: I kept my responses concise and professional, focusing on my relevant experience and enthusiasm for the position.
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Outcome: Passed this round and was invited for an in-person interview.
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Round 2 - In-Person Interview:
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Questions Asked:
- “What are your strengths and weaknesses?”
- General discussion about the role and the company.
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Your Approach: I answered the strengths and weaknesses question honestly, tying my strengths to the job requirements and discussing how I work on my weaknesses. The rest of the interview was conversational, and I took the opportunity to ask questions about the team, company culture, and day-to-day responsibilities.
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Outcome: The interview lasted about 40 minutes and was very casual. I felt it went well, as it was more of a discussion than a formal Q&A.
Preparation Tips:
- Research the company and role thoroughly to ask informed questions during the interview.
- Practice answering common behavioral questions like strengths and weaknesses.
- Dress professionally but comfortably for the in-person interview.
Conclusion:
Overall, the interview process was smooth and straightforward. The recruiters were communicative, and the interviewers made the experience relaxed. I appreciated the opportunity to ask questions and engage in a meaningful discussion about the role. For future candidates, I’d recommend being prepared to discuss your fit for the role and showing genuine interest in the company.
Company Name: BNY Mellon
Position: Senior Representative
Location: [Not specified]
Application Process: I applied via a recruitment consultant and was interviewed in February 2021.
Interview Rounds:
-
Round 1 - Technical Interview:
- Questions Asked:
- General questions related to accounting. Need to have clarity on accounting rules.
- NAV cycle steps involved in day-to-day NAV calculation, starting with sub/redemption bookings and ending with sending NAV to the client.
- Read about all financial instruments like bonds, MBS, T-bill, paydowns, TIPS, and STIFF concepts.
- Your Approach: I focused on explaining the accounting rules clearly and walked through the NAV cycle step-by-step. For financial instruments, I highlighted my understanding of each type.
- Outcome: Passed this round.
- Questions Asked:
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Round 2 - HR Interview:
- Questions Asked: [No specific questions mentioned.]
- Your Approach: I ensured I was confident and clear in my responses, avoiding guesses if unsure.
- Outcome: Passed this round.
Preparation Tips:
- Should have clarity on concepts and be confident in what you say. If you don’t know the answer, it’s better to skip instead of making the situation worse.
Conclusion:
The interview process was thorough, especially the technical round. Being clear and confident in my answers helped me succeed. For future candidates, focus on understanding the core concepts and avoid guessing if unsure.
Company Name: BNY Mellon
Position: Senior Representative
Location: [Not specified]
Application Process: I applied via the company website and was interviewed in February 2023.
Interview Rounds:
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Round 1 - Resume Shortlist Round:
- Questions Asked: No specific questions were asked in this round. The focus was on reviewing my resume.
- Your Approach: I ensured my resume was concise and highlighted relevant experience without including unnecessary personal details like photos, gender, age, or address.
- Outcome: My resume was shortlisted for the next round.
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Round 2 - HR Round:
- Questions Asked:
- Job Description and my experience in years.
- Your Approach: I clearly explained my previous roles and how my experience aligned with the job requirements.
- Outcome: I progressed to the next round.
- Questions Asked:
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Round 3 - Technical Round:
- Questions Asked:
- What are the types of corporate actions? Explain in detail.
- What is a dividend?
- Impact of dividend on NAV (Net Asset Value).
- Overview of my previous job responsibilities.
- Your Approach: I provided detailed explanations for each question, drawing from my knowledge and experience. For corporate actions, I listed types like dividends, stock splits, and mergers. For dividends, I explained their purpose and impact on NAV. I also summarized my previous job role concisely.
- Outcome: The interviewers seemed satisfied with my responses.
- Questions Asked:
Preparation Tips:
- Focus on understanding corporate actions, dividends, and their financial impacts.
- Review your resume thoroughly to answer any questions about your experience confidently.
- Practice explaining technical concepts in simple terms.
Conclusion:
The interview process was smooth, and I felt well-prepared for the technical round. If I could improve anything, I would spend more time brushing up on specific corporate actions to provide even more detailed answers. For future candidates, I recommend a strong grasp of financial concepts and clear communication of your experience.
Company Name: BNY Mellon
Position: Senior Representative
Application Process: The application process involved multiple rounds, including a resume shortlist, HR round, and a one-on-one interview. The resume shortlist was the initial screening step, followed by HR and technical rounds.
Interview Rounds:
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Round 1 - Resume Shortlist:
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Questions Asked: N/A (Resume screening)
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Your Approach: Ensured my resume was concise and highlighted relevant skills and experience.
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Outcome: Successfully shortlisted for the next round.
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Round 2 - HR Round:
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Questions Asked: Self-introduction (to assess English fluency, sentence formation, and confidence).
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Your Approach: Prepared a clear and confident self-introduction, focusing on my background and experience.
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Outcome: Cleared the HR round and moved to the next stage.
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Round 3 - One-on-One Round:
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Questions Asked:
- Introduction and questions about accounting, mutual funds, journal entries, and trading (e.g., money market, capital market, options trading).
- Questions about BNY Mellon and why I wanted to join.
- Scenario-based questions (e.g., handling situations as an analyst or manager).
- Long-term career goals (where I see myself in 5 or 10 years at BNY Mellon).
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Your Approach: Prepared thoroughly on financial concepts, BNY Mellon’s background, and scenario-based problem-solving. Also, reflected on my career aspirations.
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Outcome: Successfully answered the questions and progressed further in the process.
Preparation Tips:
- For Freshers (Finance & Accounts): Focus on aptitude tests, self-introduction, and basic knowledge about BNY Mellon, share markets, OTC (futures, options, forwards, derivatives), and basic accounting (journal entries).
- For Experienced Candidates: Be ready for HR rounds testing communication and experience. Prepare for scenario-based questions, CV-related queries, and in-depth knowledge of trades, mutual funds, and custody/trustee services related to mutual funds.
Conclusion:
The interview process was comprehensive, testing both technical knowledge and situational awareness. Preparing well for financial concepts and BNY Mellon’s operations was key. For future candidates, I recommend focusing on clarity in communication and thorough knowledge of the financial domain.
Company Name: BNY Mellon
Position: Senior Representative
Application Process: The application process involved multiple rounds, starting with a resume shortlist, followed by HR and one-on-one interviews.
Interview Rounds:
-
Round 1 - Resume Shortlist:
- Details: The first round was a resume shortlist where the recruiters reviewed my resume to assess my qualifications and experience.
- Outcome: My resume was selected for further rounds.
-
Round 2 - HR Round:
- Questions Asked:
- Self-introduction (to check fluency in English, sentence formation, and confidence).
- Your Approach: I prepared a concise and confident self-introduction, focusing on my experience and skills relevant to the role.
- Outcome: I successfully cleared the HR round.
- Questions Asked:
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Round 3 - One-on-One Round:
- Questions Asked:
- Introduction.
- Questions on accounting, mutual funds, journal entries, and trading-related topics.
- Money market and capital market concepts.
- Options trading.
- Questions about BNY Mellon and why I wanted to join.
- Scenario-based questions (e.g., how I would handle certain situations as an analyst or manager).
- Long-term career goals (where I see myself in 5 or 10 years at BNY Mellon).
- Your Approach: I reviewed key concepts in finance and accounting, prepared answers for scenario-based questions, and researched BNY Mellon to align my responses with the company’s values and goals.
- Outcome: The round was challenging but went well.
- Questions Asked:
Preparation Tips:
- For freshers in Finance & Accounts: Prepare for aptitude tests, self-introduction, and basic knowledge about BNY Mellon, share markets, OTC (futures, options, forwards, derivatives), and basic accounting journal entries.
- For experienced candidates: Focus on communication skills, scenario-based questions, and in-depth knowledge of trades, mutual funds, and custody/trustee services related to mutual funds.
Conclusion:
Overall, the interview process was thorough and tested both technical knowledge and situational judgment. For future candidates, I recommend thorough preparation of finance concepts and practicing scenario-based questions to handle the one-on-one round confidently.