Sample interview questions: Describe a time when you had to manage financial services operations during a merger or acquisition.
Sample answer:
Describe a time when you had to manage financial services operations during a merger or acquisition.
During the merger of two large financial institutions, I was responsible for leading the integration of their financial services operations. This involved developing and executing a plan to combine the two organizations’ systems, processes, and teams while ensuring minimal disruption to clients and stakeholders.
To ensure a smooth transition, I began by conducting a thorough assessment of both organizations’ operations. This included reviewing their financial reporting, risk management, compliance, and technology systems. I also met with key stakeholders from both organizations to gather their input and identify potential pain points.
Based on my assessment, I developed a comprehensive integration plan that outlined the steps and timelines for combining the two operations. I established working groups to address specific areas of integration, such as financial reporting, ri… Read full answer
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