Edutech Business Development Associate Interview Questions and Answers

I am passionate about driving growth and building relationships, making a Business Development Associate role a perfect fit for my skills.

• I enjoy identifying new market opportunities, as seen in my previous internship where I helped increase leads by 30%.

• Building and nurturing client relationships excites me; I believe strong partnerships are key to sustainable growth.

• I am motivated by the challenge of strategizing and...read more

Sales allows me to utilize my communication skills, build relationships, and drive revenue growth.

• I enjoy interacting with people and building connections.

• I am motivated by meeting targets and driving revenue growth.

• Sales offers a dynamic and fast-paced environment that keeps me engaged.

• I find satisfaction in helping customers find solutions to their needs.

• Sales provides opportunities for career advancement and financi...read more

Banking operations encompass various functions including account management, lending, payments, and compliance to ensure financial stability.

• Account Management: Opening, maintaining, and closing customer accounts, e.g., savings and checking accounts.

• Lending Operations: Evaluating loan applications, disbursing loans, and managing repayments, e.g., personal loans and mortgages.

• Payments Processing: Facilitating transactio...read more

KYC, or Know Your Customer, is a process used by banks to verify the identity of their clients, ensuring compliance and security.

• KYC helps prevent identity theft by ensuring that banks know who their customers are.

• It is crucial for compliance with regulations like AML (Anti-Money Laundering).

• For example, banks may require customers to provide government-issued ID and proof of address.

• KYC processes can help detect and p...read more