Citicorp Assistant Manager Interview Questions and Answers

Q1. Can you provide details about your past experiences?
Ans. 
I have over 5 years of experience in retail management, leading teams and driving sales growth.
• Managed a team of 15 sales associates at XYZ Retail Store

• Implemented new sales strategies resulting in a 20% increase in revenue

• Trained new employees on customer service best practices
Answered by AI
Add your answer
Q2. What are the approaches to process improvements?
Ans. 
Approaches to process improvements include Lean Six Sigma, Kaizen, and Total Quality Management.
• Implementing Lean Six Sigma methodologies to identify and eliminate waste in processes

• Utilizing Kaizen principles for continuous improvement through small incremental changes

• Applying Total Quality Management to focus on customer satisfaction and quality standards
Answered by AI
Add your answer
Q3. Explain in detail about your skills and work experience and projects which benefits the organisation
Ans. 
I have strong leadership skills, extensive experience in project management, and a proven track record of driving results for organizations.
• Led a team of 15 employees in a retail setting, resulting in a 20% increase in sales within 6 months

• Managed multiple projects simultaneously, ensuring deadlines were met and budgets were adhered to

• Implemented new strategies for customer engagement, leading to a 15% increase in cust...read more
Answered by AI
Add your answer

Q1. 1.Tell me something about reconciliation .
Add your answer
Q2. Tell me something about yourself
Add your answer
Q3. Ifrs and us gaap
Add your answer

Q1. Kyc and Transaction monitaring questions
Add your answer
Q2. Basing on kyc and Transaction monitaring
Ans. 
KYC and transaction monitoring are crucial for preventing financial crimes.
• KYC (Know Your Customer) is the process of verifying the identity of customers and assessing their potential risks.

• Transaction monitoring involves analyzing customer transactions to detect suspicious activities such as money laundering or terrorist financing.

• Both KYC and transaction monitoring are important for complying with regulatory requirem...read more
Answered by AI
Add your answer

Q1. Different types ofCorporate action, spin off, merger etcs
Ans. 
Corporate actions refer to events initiated by a publicly traded company that impact its shareholders and securities.
• Types of corporate actions include spin-offs, mergers, acquisitions, stock splits, dividends, and rights issues.

• A spin-off is when a company creates a new independent company from a division or subsidiary.

• A merger is when two companies combine to form a new entity.

• An acquisition is when one company buys ...read more
Answered by AI
Add your answer
Q2. Paydowns, interest accrual method
Add your answer
Q3. NAV calculation. What to do if a wrong NAV is released.
Ans. 
If a wrong NAV is released, steps should be taken to rectify the error and communicate the correct NAV to stakeholders.
• Identify the reason for the error in NAV calculation.

• Rectify the error by recalculating NAV using correct data.

• Communicate the correct NAV to all stakeholders and investors.

• Implement measures to prevent similar errors in the future, such as improving data validation processes.

• Review and update NAV calc...read more
Answered by AI
Add your answer

Q1. People soft, ERP, SQL, ORACLE
Add your answer
Q2. It was related to people soft ERP
Add your answer

Q1. Previous employment related questions
Add your answer
Q2. General questions on previous employment
Add your answer

It was a Coding test on SAS and SQL. Advance level.

Last round with the team manager about business knowledge