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Intellect Design Arena Ltd Interview Questions

A/B Testing

Algorithms

Analytics

Machine Learning

Probability

Product Metrics

Python

Statistics

Intellect Design Arena Ltd Interview Guides

Suppose there exists a new airline named Jetco that flies domestically across North America. Jetco recently had a study commissioned that tested the boarding time of every airline, and it came out that Jetco had the fastest average boarding times of any airline.

What factors could have biased this result, and what would you look into?

What could potentially bias the average boarding time in favor of an airline that only flies domestically?

What could potentially bias the average boarding time in favor of an airline that only flies domestically?

Boarding Times Bias

A new airline came out as the fastest average boarding times compared to other airlines.  What factors could have biased this result and what would you look into?

You are testing hundreds of hypotheses with many t-tests. What considerations should be made?

What is a key disadvantage of the F-test when compared to multiple t-tests?

What is a key disadvantage of the F-test when compared to multiple t-tests?

Hundreds of Hypotheses

You are testing hundreds of hypotheses with many t-tests. What considerations should be made?

In an A/B test, how can you check if assignment to the various buckets was truly random?

In an A/B test, which of the following is a common method to determine if the assignment to the test groups was truly random?

In an A/B test, which of the following is a common method to determine if the assignment to the test groups was truly random?

Random Bucketing

A/B Testing & Experimentation

Intellect Design Arena Ltd Salaries by Position

Product Manager – Digital BankingAbout Intellect Design ArenaIntellect Design Arena is a global leader in financial technology, delivering advanced digital and core banking solutions across Retail, Corporate, and Commercial Banking. Our Digital Engagement Platform (DEP) empowers financial institutions to deliver seamless, personalized, and omni-channel experiences across retail and commercial banking, trade finance, cash management, lending, and more.Role OverviewWe are looking for an experienced Product Manager – Digital Banking with strong domain expertise across Retail Banking and Commercial Banking (Trade Finance, Cash Management, Commercial Lending).The ideal candidate will be a product specialist who understands end-to-end banking processes, can drive product strategy, and lead cross-functional teams to deliver innovative digital banking capabilities for global clients.You will play a critical role in shaping the product roadmap, driving feature innovation, engaging with customers, and ensuring successful product rollouts.Key Responsibilities1. Product Strategy & Roadmap<ul><li>Define and drive the product vision, strategy, and roadmap for digital retail and commercial banking.</li><li>Identify market trends, regulatory requirements, and competition insights to guide product evolution.</li><li>Prioritize features based on customer value, feasibility, and business impact.</li></ul>2. Requirements & Design<ul><li>Translate market and client needs into detailed product requirements, epics, and user stories.</li><li>Work closely with UX teams to design intuitive, user-centric digital journeys.</li><li>Conduct gap analysis between client needs and product offerings.</li></ul>3. Cross-Functional Leadership<ul><li>Collaborate with engineering, QA, implementation, and business teams for seamless delivery.</li><li>Lead sprint planning, backlog grooming, and release governance.</li><li>Act as a functional SME during development and implementation cycles.</li></ul>4. Client & Market Engagement<ul><li>Engage directly with global banking clients to understand requirements and gather feedback.</li><li>Support RFPs, client demos, capability presentations, and POCs.</li><li>Partner with delivery teams to resolve functional issues during UAT and go-live stages.</li></ul>5. Domain ExpertiseProvide deep product expertise across:<ul><li>Digital Retail Banking: Accounts, payments, onboarding, servicing</li></ul>6. Product Governance & Documentation<ul><li>Own and maintain BRDs, FSDs, feature guides, and release notes.</li><li>Define and track product metrics related to adoption, performance, and client usage.</li></ul>Required Skills & CompetenciesFunctional & Technical Skills<ul><li>Strong understanding of Digital Banking platforms and workflows.</li><li>Hands-on experience with retail and commercial banking products.</li><li>Expertise in Trade Finance, Cash Management, Lending, Payments, and Customer Journeys.</li><li>Experience in Agile/Scrum and tools such as JIRA, Confluence, and optionally Figma.</li></ul>Soft Skills<ul><li>Excellent communication and stakeholder management skills.</li><li>Ability to influence decision-making across senior stakeholders.</li><li>Strong analytical and problem-solving capabilities.</li><li>Ability to lead cross-functional teams in fast-paced environments.</li><li>Customer-first mindset with a focus on usability and adoption.</li></ul>Educational Qualification<ul><li>Bachelor’s degree in Engineering, Finance, Computer Science, or related field.</li><li>MBA or equivalent postgraduate degree preferred.</li></ul>Certifications Preferred<ul><li>AIPMM/ CPM/ PMC</li></ul>

Intellect Design Arena Ltd is a global leader in Financial Technology for Banking, Insurance and otherFinancial Services. A uniquely focused Products business, the $136 million Intellect Design Arena, is aspecialist in applying true Digital Technologies and designing advanced technology products for globalfinancial platforms. Across global consumer banking (iGCB), Central Banking, Risk, Treasury & Markets(iRTM), Global Transaction Banking (iGTB) and Insurance (Intellect SEEC), Intellect provides fullspectrum, fully integrated products that run in over 200 financial institutions, across 30 countries.Role Summary: Business Analyst will work with Bank’s business users & operations team to helptranslate business requirements to functional specifications. This functionalspecification would be used by the Intellect’s Product implementation team todeliver code deliverables to Intellect’s largest customer in Canada. TheExperience, Responsibility and Required Skills are: Responsibilities:  Review and understanding the business requirements from Banks Business &Operations users and covert these into functional specification document  Support for the finalization of non-functional requirements and interfacerequirements  End-to-end Solution delivery Provide support during various phases of testing – both Intellect & Bank’s Demonstrate the product to bank business users and internal teams. Liaise with quality assurance team for test planning, test data identificationand test scenario and cases review Provide functional downloads to internal Dev, Testing & QA teams ahead ofdesign, development and Testing phases Provide Bank’s business & operations with Product training Responsible for post production defect triage and query resolution  Create product presentation decks for sales and marketing teams Keep senior leadership abreast of strategies, deliverables, risks and issues asthey arise Required Skills:  Experience on processing, clearing and settlement of domestic/ international wires, electronic funds transfers, direct debits In-depth end-to-end processing knowledge of at least 2 of the followingareas1. Cheque & Cash Collections2. Electronic Collections3. Supply Chain Finance4. Trade Finance5. Liquidity Management (sweeps, pooling) (Preferred)6. Channel banking (internet, mobile, API, Host-to-Host) (Must have) Gathering functional requirements including preparation of functionalspecification documents (FSD/FRD), user stories and requirement traceability Change / defect management experience which includes root-cause analysis,proposed solution and related documentation Excellent analytical, communication and documentation skills. Substantial client interaction and direct participation in client requirementgathering, elicitation and functional solution design.  Ability to engage with various internal/external stake holders such as ITbusiness analysts, product managers, operations and testing. Proficient in creation of flowcharts/UML diagrams  Exposure to core banking, basic knowledge of RDBMS (SQL queries) ispreferred Sound knowledge of international standards like SWIFT and ISO20022 ispreferred

Job Description: Business Analyst – Core BankingLocation: ChennaiEmployment Type: Full-time Role SummaryThe Business Analyst – Core Banking plays a key role in defining, analyzing, and documenting business requirements for core-banking modules such as Accounts, Payments, Loans, Deposits, Channels, and General Ledger. The role acts as a bridge between business users and technical teams, ensuring successful implementation, enhancement, and support of core-banking systems. Must-Have<ul><li>Bachelor’s degree in Business, IT, Finance, or related field.</li><li>10 to 14 years of experience as a Business Analyst in banking or fintech.</li><li>Strong knowledge of core-banking concepts and operations.</li><li>Experience with at least one core-banking platform (e.g., Temenos T24, Oracle Flex cube, Finacle, BaNCS, Mambu).</li><li>Proficiency in creating BRDs, FSDs, process mapping (BPMN), and use case diagrams.</li><li>Hands-on experience in UAT/SIT, requirement traceability, and change management.</li><li>Strong analytical, problem-solving, and communication skills.</li></ul>Good-to-Have<ul><li>Knowledge of digital banking products, APIs, and integrations.</li><li>Experience with regulatory frameworks (KYC/AML, Payments, Basel, IFRS).</li><li>Familiarity with SQL for data analysis.</li><li>Experience in Agile/Scrum methodologies and JIRA/Confluence tools.</li></ul>

Job Title: Digital Product Manager Location: Chennai, IndiaExperience: 1 to 4 yearsEmployment Type: Full-time About Intellect Design Arena: Intellect Design Arena is a global leader in financial technology, delivering cutting-edge digital solutions for banking, insurance, and capital markets. The Digital Engagement Platform (DEP) empowers banks to create personalized, omnichannel digital experiences for their customers. Role Overview: We are looking for a Digital Product Manager. The role is ideal for a highly motivated fresher or early-career professional who wants to build a strong foundation in product management within the digital banking space. You will work closely with senior product managers, UX teams, and engineering squads to define, design, and deliver features that enhance the corporate banking experience for global clients. Key Responsibilities:• Assist in defining product vision, roadmap, and feature requirements for DEP.• Collaborate with business analysts, UI/UX designers, and developers to translate requirements into functional user stories.• Participate in agile sprint planning, backlog grooming, and sprint reviews.• Conduct competitive analysis and market research to identify digital banking trends and client needs.• Support client demos, POCs, and UAT cycles, ensuring product features meet quality and business expectations.• Track product metrics and feedback to drive continuous improvement and enhance client satisfaction.• Coordinate with cross-functional teams to ensure timely delivery of sprint goals and release milestones.• Document product features, workflows, and technical specifications clearly and accurately. Required Skills:• Strong analytical and problem-solving abilities.• Excellent communication and stakeholder management skills.• Basic understanding of Agile/Scrum methodologies.• Knowledge in digital banking, UX design, and enterprise platforms.• Adaptability to learn new technologies and financial concepts. Educational Qualification:• Bachelor’s degree in Engineering, Computer Science, Management, or related field.• MBA or equivalent management degree (preferably from B school's) Why Join Us:• Work on one of the most advanced Digital Banking Platforms in the world.• Be mentored by experienced Product Managers and Tech Leaders.• Gain real-world exposure to product lifecycle management in enterprise banking.• Collaborate with a diverse, innovative, and global team driving the future of financial technology.

Question	Topic	Difficulty	Ask Chance
Boarding Times Bias	Statistics	Medium	Very High
Hundreds of Hypotheses	Statistics	Medium	Very High
Random Bucketing	A/B Testing & Experimentation	Medium	Very High

Intellect Design Arena Ltd Interview Questions

Intellect Design Arena Ltd Interview Guides

Intellect Design Arena Ltd Interview Questions

Intellect Design Arena Ltd Salaries by Position

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