← Capital One Interview Insights
I started with the usual stuff, auth, accounts, a ledger service, and thought I was doing fine.
Start by clarifying functional and non-functional requirements, then sketch a high-level architecture with microservices for authentication, accounts, transactions, and analytics. Dive into data modeling, concurrency controls, and security, and finally discuss scalability, monitoring, and trade-offs.
Pro tip: Emphasize idempotency and exactly-once processing for transfers, and discuss how you would handle reconciliation with external banks to ensure data consistency.
Ask questions to understand expected scale, latency, consistency, compliance (e.g., PCI-DSS, GDPR), and whether the system is for a single bank or multiple banks.
Propose a microservices-based architecture with separate services for authentication, account management, transaction processing, and analytics, and describe how they interact via APIs and events.
Design a relational schema for core banking data (accounts, transactions, users) and consider using a distributed database or sharding for scalability; discuss ACID vs. BASE trade-offs.
Define RESTful APIs for login, account opening, transfers, and statistics; detail integration with external systems like ATM networks, inter-bank networks (e.g., SWIFT, ACH), and fraud detection services.
Explain concurrency controls (e.g., optimistic locking, distributed transactions), security measures (encryption, OAuth2, MFA), and scaling strategies (caching, read replicas, partitioning).
AI-generated suggestions, not part of the candidate's original notes. May be inaccurate — verify before relying on them.