Principal Business Analyst Interview Questions and Answers

Loan origination involves assessing borrower needs, gathering documentation, and processing applications through a structured workflow.

• Identify borrower needs: Understand the purpose of the loan (e.g., home purchase, business expansion).

• Gather documentation: Collect necessary documents such as income statements, credit reports, and identification.

• Pre-qualification: Assess the borrower's financial situation to determine eligibility and loan amount.

• Application processing: Input...read more

I expect Oracle to provide robust and scalable solutions for the BFSI sector. I have worked on areas such as risk management, compliance, and customer analytics.

• Expect Oracle to offer comprehensive solutions tailored for the BFSI sector

• Worked on risk management, compliance, and customer analytics in BFSI

• Utilized Oracle tools for data analysis and reporting in banking and financial services

BA framework in agile involves using agile methodologies to gather and analyze business requirements.

• BA framework in agile focuses on collaboration, flexibility, and continuous improvement.

• It involves working closely with stakeholders to prioritize and deliver value in short iterations.

• Tools such as user stories, backlog grooming, and sprint planning are commonly used in agile BA framework.

• BA framework in agile emphasizes adaptability to changing requirements and feedback fro...read more

Scrum and Kanban are agile project management methodologies used to improve team collaboration and productivity.

• Scrum is a framework with predefined roles, events, and artifacts, focusing on delivering a potentially shippable product increment every sprint.

• Kanban is a visual management method that helps teams visualize work, limit work in progress, and maximize efficiency.

• Scrum emphasizes fixed-length iterations called sprints, while Kanban allows for continuous flow of work....read more