Yes Bank Relationship Manager Interview Questions and Answers

Yes, I am comfortable visiting customers face to face to build relationships and understand their needs better.

• Face-to-face interactions help in building trust and rapport with clients.

• I have experience in conducting client meetings, which allows for personalized service.

• For example, I once visited a client to discuss their feedback on our services, which led to improvements.

• I believe in the importance of understa...read more

I approach sales by building relationships, understanding client needs, and providing tailored solutions.

• I prioritize building strong relationships with clients to gain trust and loyalty.

• I focus on understanding the unique needs and challenges of each client to offer personalized solutions.

• I am proactive in following up with clients and providing ongoing support to ensure satisfaction and retention.

A qualification for a Relationship Manager typically includes a bachelor's degree in business, finance, or a related field, along with relevant work experience.

• Bachelor's degree in business, finance, or related field

• Relevant work experience in customer service, sales, or finance

• Strong communication and interpersonal skills

• Knowledge of financial products and services

• Certifications such as Certified Financial Planne...read more

My current CTC is competitive and reflects my skills and experience in the relationship management field.

• My current CTC is INR 8,00,000 per annum, which includes base salary and bonuses.

• I have consistently exceeded my targets, which has contributed to my current compensation.

• In my previous role, I was able to increase client retention by 20%, which positively impacted my CTC.

We offer a range of investment products to suit different needs and risk appetites.

• Mutual funds

• Stocks

• Bonds

• Exchange-traded funds (ETFs)

• Certificates of deposit (CDs)

• Annuities

• Real estate investment trusts (REITs)

• Options and futures

• Structured products

Buyer's credit is a loan facility extended to an importer by a bank or financial institution in the exporting country.

• It is used to finance the purchase of goods and services from overseas suppliers.

• The loan is provided in the currency of the exporting country.

• The importer has to repay the loan with interest within a specified period of time.

• Buyer's credit helps in reducing the cost of borrowing for the importer.

• I...read more

I can source an average of 10-15 new accounts every month.

• I have a strong network and can leverage my connections to bring in new business.

• I am skilled in identifying potential clients and pitching our services to them.

• I regularly attend networking events and conferences to expand my reach.

• I am comfortable with cold-calling and reaching out to prospects via email or social media.

• I track my progress and adjust my s...read more

IRR is used to calculate the rate of return on an investment, while CAGR is used to measure the growth rate of an investment over a period of time.

• IRR is used when we want to calculate the rate of return on an investment based on the cash flows it generates.

• CAGR is used when we want to measure the growth rate of an investment over a period of time, taking into account the effect of compounding.

• IRR is useful for co...read more