Axis Bank Senior Risk Management Manager Interview Questions and Answers

A case was given to improve the business of a Bank in a remote area of a rural or tier 2 town.

Q1. Tell me about yourself
Ans. 
I am a detail-oriented risk analyst with a strong background in financial analysis and risk assessment.
• Experienced in conducting risk assessments and developing risk mitigation strategies

• Proficient in analyzing financial data and identifying potential risks

• Skilled in using statistical tools and software to model and predict risk outcomes
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Q2. What do you know about the company and why do you want to join the company
Ans. 
I know that the company is a leading financial institution known for its innovative risk management strategies. I want to join because of the challenging work environment and opportunities for growth.
• The company is a well-known financial institution with a strong reputation in risk management

• They are known for their innovative risk management strategies

• I am attracted to the challenging work environment and opportunitie
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Q3. Are you willing to relocate to places?
Ans. 
Yes, I am open to relocating for the right opportunity.
• I am open to exploring new locations for career growth

• I have relocated for previous job opportunities and have found it to be a positive experience

• I understand the importance of being flexible and adaptable in the workplace
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Basic SQL queries like Joints, group by function, use of having...

Q1. What is bond duration
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Q2. What is bond convexity
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Q1. What is option greeks
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Q2. What is BSM and explain
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Q1. Self introduction
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Q1. Questions related to risk management and scenario based questions.
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Q1. How to calculate EAD & PD?
Ans. 
EAD is calculated using the formula EAD = Exposure at Default = PD x LGD x EAD
• Calculate Probability of Default (PD) based on historical data and credit rating

• Determine Loss Given Default (LGD) based on collateral or recovery rate

• Use the formula EAD = PD x LGD x EAD to calculate Exposure at Default
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Q1. Difference between counterparty and credit risk?
Ans. 
Counterparty risk is the risk of default by a party in a financial transaction, while credit risk is the risk of loss due to a borrower's failure to repay a loan.
• Counterparty risk is specific to financial transactions involving parties such as banks, brokers, or counterparties in derivatives contracts.

• Credit risk is more general and refers to the risk of loss due to a borrower's failure to repay a loan or meet other fi...read more
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It was a 30 min test

We were given 2 topics

Q1. All about my cv was discussed
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Q1. Basic questions about how i will work
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