Derivatives Business Analyst

Topics covered

financial institutions, equity trading, currency rates, derivatives, finance, analysis thinking

  • MAQ (Multiple Answer Question)
  • MCQ (Multiple Choice Question)
  • Descriptive Question
  • White Board Simulator
  • Coding Simulator
  • Audio Question
  • Video Question
  • Case Study Question

A Derivatives Analyst mainly works on gathering and analysing the data which is in account whether it is stock market or current exchange rates. It also evaluates the future finance transactions such as swaps and forwards. They carry out this task to provide useful information in taking investment decisions. Also, some derivative analysts produce reports for clients. 

The Derivative Business Analyst test is designed to assess the candidates in the areas of Derivatives, Equity Analysis, Currency Management, Derivatives Trading, Commodities Management, Trade Management, etc. This test consists of meaningful questions on financial institutions, equity trading, currency rates, derivatives, finance, analysis thinking and many more. 

Using powerful reporting, you will have a detailed analysis of test results to help you make better decisions and predict candidate and employee success. 

This pre-employment test is useful for hiring:
  • Derivatives Business Analyst (0-2 years experience) 
  • Derivatives Trader / Analyst (0-2 years experience)
  • Jr. Analyst - OTC Derivatives (0-2 years experience)  
  • Derivatives Reconciliation Analyst (0-2 years experience)

Test details:

The test enables employers and recruiters to identify potential hires by evaluating working skills and job readiness. For this reason, the emphasis is laid upon evaluating the knowledge of applied skills gained through real work experience, rather than theoretical knowledge. 

Questions: 30
Duration: 30 minutes 
 

  • Business Analyst: 10 Questions 10 minutes

  • Derivatives Analyst: 10 Questions 10 minutes

  • Analytical Thinking: 5 Questions 5 minutes

  • Writing Skills: 5 Questions 5 minutes

Derivatives Business Analyst Test

Question #1 of 3

You are a Business Analyst at BD Bank. You are involved in a software project that is replacing an out-dated, inefficient legacy system (System X) with an efficient, process-driven web-based solution. There are however a number of challenges facing the project team. 

The project has requested a detailed stakeholder matrix. You have documented the stakeholder matrix in the RACI format. The stakeholder matrix identifies several key stakeholders. 

RACI legend:
Responsible - Those who do the work to achieve the task. 
Accountable - Signs off various project outputs and ensures thorough completion of each task
Consulted - Required to provide feedback on documents / in workshops.
Informed - Kept up to date on progress. 



Which of the following statements is not correct pertaining to the Business Analyst’s responsibilities as documented in the RACI matrix?

    • The business analyst will provide input into the development process and support the senior developer

    • The business analyst will document the Functional Requirement specification in accordance with the project governance principles

    • The business analyst will analyse the documented process and provide feedback to the stakeholders

    • The business analyst will send project progress communications to project stakeholders

Question #2 of 3

With other things being equal, which of the following causes the futures price of an asset to increase?

    • Higher costs of carrying the underlying asset.

    • Lower risk-free rate of interest.

    • Higher expected spot price for the underlying asset.

    • Higher income received while carrying the underlying asset.

    • Lower expected spot price for the underlying asset.

Question #3 of 3

Which of the following is NOT a characteristic of option contracts that trade on the Chicago Board Options Exchange?

    • Option writers are required to put up collateral.

    • Option holders must take physical delivery of the underlying asset.

    • The contracts are standardized.

    • It is easy to transfer the contracts between investors.

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24.00 Out of 40.00
Pass
60%
03
23 Minutes

Java EE

9/10

Hibernate

3/10

Oracle PL/SQL

7/10

Analytical Thinking

5/10

Note:If score<= 30% then its a Weakness. If score >=70% then its a Strength.

Strengths

Java EE, Oracle PL/SQL, Analytical Thinking

Weaknesses

Hibernate

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