Cognizant Hiring for Process Executive – Data in Pune | Apply Now

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Cognizant Recruitment drive 2024: Exciting news for professionals in the data and technology space! Cognizant, one of the world’s leading IT services and consulting giants, is on the lookout for dynamic individuals to join their team as Process Executive – Data in Pune. If you have a background in Consumer Lending Cards & Payments and excel at managing and optimizing business processes, this opportunity is tailor-made for you. With a work model that promotes flexibility, growth, and innovation, Cognizant offers the perfect environment to grow your career and make a meaningful impact. Want to be part of this global community of over 345,000 professionals? Head over to Kaabil Jobs to learn all the details and begin your journey toward a rewarding career at Cognizant today!

𝐏𝐚𝐲 𝐀𝐟𝐭𝐞𝐫 𝐏𝐥𝐚𝐜𝐞𝐦𝐞𝐧𝐭 𝐓𝐫𝐚𝐢𝐧𝐢𝐧𝐠 𝐏𝐫𝐨𝐠𝐫𝐚𝐦- 𝐆𝐞𝐭 𝐏𝐥𝐚𝐜𝐞𝐝 𝐈𝐧 𝐓𝐨𝐩 𝐌𝐍𝐂’

Overview

  • Job Position: Process Executive – Data (Hybrid)
  • Job Location: Pune, India
  • Salary Package: As per Company Standards
  • Full/Part Time: Full Time
  • Req ID: 00060845251
  • Education Level: Bachelor’s degree in a relevant field
  • 2-4 years of experience in business process management and optimization.
  • Proficiency in MS Excel for data analysis and report generation.
  • Hands-on experience with Consumer Lending Cards & Payments operations.
  • Strong problem-solving and analytical abilities.
  • Excellent communication and collaboration skills.
  • Proficiency in process documentation and reporting.
  • Detail-oriented with the ability to handle complex data.
  • Adaptable and open to learning new tools and methodologies.
  • Manage and optimize business processes to enhance operational efficiency.
  • Use MS Excel to generate reports, analyze data, and support process optimization.
  • Collaborate with cross-functional teams to integrate business processes effectively.
  • Conduct root cause analysis and implement corrective actions for process issues.
  • Maintain compliance with company policies and industry regulations.
  • Support Consumer Lending Cards & Payments operations.
  • Lead the development and maintenance of process documentation.
  • Assist in process automation initiatives and continuous improvement of business processes.
  • Mentor and train junior team members on best practices.
  • Expertise in MS Excel for data analysis and performance tracking.
  • Knowledge of Consumer Lending Cards & Payments operations.
  • Ability to collaborate with cross-functional teams and ensure seamless process integration.
  • Identifying and implementing process improvement opportunities.
  • Strong reporting, documentation, and compliance management skills.
  • Analytical abilities to conduct root cause analysis for process-related issues.
  • Proficiency in process automation initiatives and familiarity with process audit practices.
  • Mentoring junior team members and providing training on process best practices.

As a Process Executive – Data at Cognizant, you will manage and optimize business processes using your skills in data analysis, specifically with MS Excel. This role includes:

  • Overseeing Consumer Lending Cards & Payments operations.
  • Collaborating across teams to integrate and enhance business processes.
  • Conducting regular performance reviews, ensuring compliance, and providing process documentation.
  • Leading the development of process automation initiatives and identifying opportunities for improvement.
  • This is an exciting opportunity to work with a global leader in technology and professional services, helping modernize business processes to stay ahead in today’s fast-changing world.

Apply In Below Link

Apply Link:- Click Here To Apply (Apply before the link expires)

Note:– Only shortlisted candidates will receive the call letter for further roundsTop MNC’s Hiring Across India , Upload Your Resume

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How to Prepare for a Process Executive Interview at Cognizant

Important Interview Preparation Tips

  • Excel Proficiency: Cognizant values strong MS Excel skills. Brush up on data analysis, pivot tables, and complex functions like VLOOKUP and macros.
  • Consumer Lending Cards & Payments Knowledge: Be familiar with Consumer Lending Cards & Payments processes, including transaction flow, compliance regulations, and process documentation.
  • Process Optimization: Review examples of how you have managed or optimized business processes, improved efficiencies, and collaborated with stakeholders to implement solutions.
  • Process Documentation & Automation: Show familiarity with developing and maintaining process documentation and implementing process automation initiatives.
  • Communication & Teamwork: Demonstrate strong collaboration skills by providing examples of how you’ve worked across teams to enhance processes.

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Study Material for Process Executive Interview at Cognizant

  1. Must-Read Books:
    • “Excel 2019 All-In-One for Dummies” by Greg Harvey
    • “Process Improvement Essentials” by James R. Persse
    • “Consumer Lending: Economics and Evolution” by Robert L. Bartley
  2. Top Online Courses:
    • MS Excel for Data Analysis (Coursera)
    • Consumer Lending 101 (Udemy)
    • Process Optimization with Six Sigma (LinkedIn Learning)
  3. Essential Websites:
    • MS Excel Training (Microsoft.com)
    • Consumer Lending Regulations (Federal Reserve)
    • Process Improvement Resources (American Society for Quality)
  4. Free YouTube Channels:
    • ExcelIsFun (Excel tutorials)
    • Project Management Academy (Process improvement tutorials)
    • Six Sigma Academy (Process automation)

Get Personalized Interview Preparation Services

Need personalized preparation? Kaabil Jobs offers comprehensive services, including mock interviews, tailored study plans, and expert guidance to help you succeed in your Process Executive Engineer interview at cognizant. Get started today and boost your chances of landing the job!

Technical Questions and Answers for Process Executive Interview at Cognizant

1. Can you describe a time when you used Excel to optimize a business process?

Answer: In my previous role, I used advanced Excel functions to automate a monthly reporting process. I utilized pivot tables, complex formulas like INDEX-MATCH, and created macros to automate repetitive tasks. This reduced the time spent on report generation by 50% and eliminated human errors, increasing the accuracy of the data.

2. What kind of data analysis techniques have you used in MS Excel?

Answer: I have experience in using a variety of data analysis techniques, including pivot tables, data validation, conditional formatting, and advanced formulas like VLOOKUP, HLOOKUP, and IF functions. I’ve also worked with Excel’s Data Analysis Toolpak for regression analysis, descriptive statistics, and hypothesis testing to derive insights from data.

3. How do you ensure data integrity and accuracy while working with large datasets in Excel?

Answer: To ensure data integrity, I always start by cleaning the data, removing duplicates, and validating data entry. I use Excel’s built-in data validation tools to restrict input types and apply conditional formatting to highlight anomalies. Additionally, I conduct periodic checks and cross-verify key figures with original data sources.

4. What is your experience with automating processes in Excel?

Answer: I have implemented several Excel macros to automate repetitive tasks, such as data cleaning and report generation. For example, I created a macro to automatically update a daily sales dashboard by pulling data from multiple sources, formatting it, and generating pivot tables. This not only saved time but also ensured consistency and accuracy in reporting.

5. Can you explain how you would approach a root cause analysis for a process failure?

Answer: I would begin by gathering data to identify the specific issue and isolate the point of failure. Using tools like Pareto charts and fishbone diagrams, I’d analyze the contributing factors. Once I pinpoint the root cause, I’d work with the relevant teams to implement corrective measures and continuously monitor the process to prevent future occurrences.

6. How do you handle large datasets in Excel when it becomes slow or unresponsive?

Answer: When dealing with large datasets, I use techniques like limiting the data range, breaking data into manageable chunks, and using Excel’s built-in features like pivot tables to summarize large data sets. I also use filters and sorting functions to view specific data points. When Excel becomes slow, I avoid volatile functions and opt for simpler calculations to improve performance.

7. Have you worked with any other data analysis tools besides Excel?

Answer: Yes, I have some experience with Power BI and Tableau for data visualization and reporting. In addition, I’ve used SQL for querying databases, which complements Excel’s data analysis capabilities when working with large datasets. My familiarity with these tools allows me to handle data more efficiently and create impactful reports.

8. How do you stay updated on compliance regulations, especially in Consumer Lending Cards & Payments?

Answer: I subscribe to industry newsletters, follow regulatory updates from the Reserve Bank of India and other relevant authorities, and participate in webinars related to financial compliance. In my current role, I also coordinate with compliance teams to stay aligned with any new regulations and integrate those updates into our processes.

9. How would you approach implementing a process automation initiative?

Answer: First, I would map the existing process flow and identify the manual tasks that could benefit from automation. Then, I would gather input from key stakeholders to ensure that the automation meets business requirements. Using Excel macros or collaborating with the IT department, I’d implement the automation solution. Finally, I’d monitor the process post-implementation to ensure it’s functioning correctly and making necessary tweaks.

10. What KPIs would you track to ensure successful business process management?

Answer: I would track key performance indicators such as process cycle time, error rates, and efficiency gains post-process improvements. Additionally, I’d monitor the success of automation initiatives, compliance adherence rates, and customer satisfaction levels related to the process outcomes.

Non-Technical Questions and Answers for Process Executive Interview at Cognizant

1. Tell us about a time when you faced a significant challenge in managing a process and how you overcame it.

Answer: In one of my previous roles, we faced frequent delays in delivering monthly reports due to data inconsistencies from multiple teams. I took the initiative to standardize the data submission formats across teams and created automated Excel templates for data validation. By ensuring consistent data input, we were able to reduce delays and improve the accuracy of the reports, significantly improving the workflow.

2. How do you prioritize tasks when dealing with multiple deadlines?

Answer: I prioritize tasks based on urgency and business impact. I assess the deadlines and break down larger tasks into smaller, manageable chunks. I also use tools like Trello or Excel to create to-do lists, ensuring that high-priority tasks are completed first. Clear communication with team members also helps manage expectations and stay aligned on deadlines.

3. How do you handle feedback, both positive and negative, from your colleagues or superiors?

Answer: I view feedback as an opportunity to improve. When receiving positive feedback, I acknowledge it and aim to maintain the standard. For negative feedback, I actively listen without taking it personally, analyze the areas for improvement, and take actionable steps to address the concerns. I also seek clarification if needed to ensure I fully understand how to improve.

4. What strategies do you use to maintain effective communication within a cross-functional team?

Answer: I ensure that communication is clear and consistent by using platforms like Slack or MS Teams for quick updates and regular meetings for more detailed discussions. I also maintain clear documentation for transparency and make sure to actively listen to team members’ concerns and suggestions to foster a collaborative environment.

5. How do you adapt to changes in business processes or new technology?

Answer: I embrace change by staying open-minded and proactive in learning new tools or processes. I dedicate time to exploring new technologies, attend workshops or webinars when needed, and ask questions when I encounter challenges. I also share my learnings with the team to help others adapt as well.

6. Describe a situation where you had to train or mentor a team member. How did you ensure their success?

Answer: I was responsible for training a new team member on our reporting process. I started by giving them an overview of the process and then walked them through the Excel templates we use. I broke down complex tasks into simpler steps and encouraged them to ask questions. After the initial training, I assigned them a small project and provided constructive feedback along the way. I made sure to check in regularly and offer support to ensure they were comfortable and successful in their new role.

7. What motivates you to stay engaged and productive in your work?

Answer: I am motivated by the opportunity to continuously improve processes and contribute to the overall success of the company. Knowing that my work has a tangible impact on efficiency and operations keeps me engaged. I also find inspiration in problem-solving and the collaborative environment at Cognizant.

8. How do you ensure that you stay organized while managing multiple tasks?

Answer: I use productivity tools like Excel, task management apps, and detailed to-do lists to stay organized. I categorize tasks by priority and set clear deadlines for each task. Regularly reviewing my progress and adjusting my schedule helps me stay on top of things without feeling overwhelmed.

9. Can you describe a time when you had to resolve a conflict within your team?

Answer: There was a situation where two team members disagreed on the approach to a data analysis task. I stepped in to facilitate a discussion where each person could voice their concerns. After hearing both sides, we worked together to find a solution that combined elements from both approaches, ensuring that the team could move forward smoothly without compromising the quality of the output.

10. Why are you interested in this role at Cognizant?

Answer: I am excited about this role because it combines my passion for process optimization and data management with the opportunity to work in the Consumer Lending Cards & Payments sector. I appreciate Cognizant’s focus on innovation, collaboration, and continuous improvement, which aligns with my own professional values. The hybrid work model also provides the flexibility I need to stay productive while maintaining a healthy work-life balance.

These non-technical questions will help you prepare for the broader aspects of a Data Engineer interview at Kaplan, ensuring you’re ready to showcase both your teamwork and communication skills alongside your technical abilities.

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