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Bank of America

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Bank of America Credit Risk Analyst Interview Questions and Answers

Updated 27 Apr 2024

Bank of America Credit Risk Analyst Interview Experiences

1 interview found

Credit Risk Analyst Interview Questions & Answers

user image Sudip Pal

posted on 27 Apr 2024

Interview experience
4
Good
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I was interviewed before Apr 2023.

Round 1 - Aptitude Test 

Basic Finance questions were there from variety of topicsj

Round 2 - Technical 

(1 Question)

  • Q1. Questions related to derivative
    • Add your answer
Round 3 - Technical 

(1 Question)

  • Q1. Option greeks, vega profile
    • Add your answer

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Interview questions from similar companies

Credit Risk Analyst Interview Questions & Answers

ICICI Bank user image Anonymous

posted on 17 Apr 2024

Interview experience
4
Good
Difficulty level
-
Process Duration
-
Result
-
Round 1 - One-on-one 

(1 Question)

  • Q1. In which type of industry you had your articleship experience
    • Add your answer

Credit Risk Analyst Interview Questions & Answers

Standard Chartered user image Anonymous

posted on 13 Jul 2023

Interview experience
4
Good
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
No response

I applied via Recruitment Consulltant and was interviewed in Jun 2023. There were 3 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Keep your resume crisp and to the point. A recruiter looks at your resume for an average of 6 seconds, make sure to leave the best impression.
View all tips
Round 2 - One-on-one 

(1 Question)

  • 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

    • Answered by AI
    Add your answer
Round 3 - One-on-one 

(1 Question)

  • 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...

    • Answered by AI
    Add your answer

Credit Risk Analyst Interview Questions & Answers

ANZ Banking Group user image SHASHANK KULSHRESHTHA

posted on 21 Nov 2022

I applied via campus placement at Pune Institute of Business Management, Pune and was interviewed in Oct 2022. There were 4 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Don’t add your photo or details such as gender, age, and address in your resume. These details do not add any value.
View all tips
Round 2 - Aptitude Test 

It was 30 minute MCQ test based on 5C's of credit and banking knowledge

Round 3 - Group Discussion 

Speak with facts and try to adding up your points

Round 4 - Technical 

(2 Questions)

  • Q1. First they will ask your introduction
    • Add your answer
  • Q2. They will give numericals to solve
    • Add your answer

Interview Preparation Tips

Interview preparation tips for other job seekers - Be ready and confident and all the best for your future prospects, always try to do mock PI before the actual one.

Credit Risk Analyst Interview Questions & Answers

HDFC Bank user image Anonymous

posted on 9 Jul 2024

Interview experience
4
Good
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Not Selected

I applied via campus placement at Veermata Jijabai Technological Institute (VJTI), Mumbai and was interviewed before Jul 2023. There was 1 interview round.

Round 1 - One-on-one 

(2 Questions)

  • Q1. Experience with Cloud services
  • Ans. 

    I have experience working with cloud services such as AWS, Azure, and Google Cloud.

    • Managed data storage and processing on AWS S3 and EC2 instances

    • Utilized Azure Machine Learning for predictive modeling

    • Implemented Google Cloud Platform for real-time data analytics

    • Answered by AI
    Add your answer
  • Q2. Familiarity with PySpark
  • Ans. 

    PySpark is a Python API for Apache Spark, used for big data processing and analytics.

    • PySpark is a Python API for Apache Spark, a distributed computing system.

    • It allows for parallel processing of large datasets using Spark's distributed framework.

    • PySpark provides high-level APIs in Python for Spark programming, making it easier to work with big data.

    • Example: PySpark can be used for data preprocessing, machine learning,

    • Answered by AI
    Add your answer

Skills evaluated in this interview

Credit Risk Analyst Interview Questions & Answers

IndusInd Bank user image Anonymous

posted on 17 Jan 2021

I applied via Referral and was interviewed before Jan 2020. There was 1 interview round.

Interview Questionnaire 

3 Questions

  • Q1. Technical questions like: how do you see in any profile to check the business viability and borrower's credit worth?
    • Add your answer
  • Q2. Update on short term and long term solvency ratio?
  • Ans. 

    Solvency ratio measures a company's ability to meet its debt obligations. Short term ratio focuses on current assets and liabilities, while long term ratio considers long term debt.

    • Short term solvency ratio is also known as the current ratio

    • It measures a company's ability to pay off its short term debts with its current assets

    • Formula: Current assets / Current liabilities

    • Long term solvency ratio is also known as the deb...

    • Answered by AI
    Add your answer
  • Q3. Brief profile and back ground of candidate to check his commend on language.
    • Add your answer

Interview Preparation Tips

Interview preparation tips for other job seekers - Always use one language as a mode of communication and be vocal but sensible too.

Credit Risk Analyst Interview Questions & Answers

State Bank of India user image Anonymous

posted on 25 Mar 2021

I applied via Walk-in and was interviewed before Mar 2020. There was 1 interview round.

Interview Questionnaire 

2 Questions

  • Q1. Analysis
    • Add your answer
  • Q2. Financial strength
    • Add your answer

Interview Preparation Tips

Interview preparation tips for other job seekers - Good

Credit Risk Analyst Interview Questions & Answers

ICICI Bank user image Anonymous

posted on 19 Mar 2021

I applied via Campus Placement and was interviewed in Feb 2021. There was 1 interview round.

Interview Questionnaire 

3 Questions

  • Q1. Why you want to join bank?
    • Add your answer
  • Q2. What you was doing between completion of articleship to clearing your final exam?
    • Add your answer
  • Q3. Family background and blood relation already in bank?
    • Add your answer

Credit Risk Analyst Interview Questions & Answers

Standard Chartered user image Anonymous

posted on 26 Oct 2023

Interview experience
4
Good
Difficulty level
-
Process Duration
-
Result
-

I applied via campus placement at Madras School of Economics, Chennai and was interviewed in Sep 2023. There were 4 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Properly align and format text in your resume. A recruiter will have to spend more time reading poorly aligned text, leading to high chances of rejection.
View all tips
Round 2 - Aptitude Test 

It was a psychometric , value based and coding test

Round 3 - Aptitude Test 

It was a valued behaviour assessment

Round 4 - Coding Test 

It has technical questions

Credit Risk Analyst Interview Questions & Answers

ANZ Banking Group user image Anonymous

posted on 8 Aug 2021

I was interviewed in Jul 2021.

Interview Questionnaire 

3 Questions

  • Q1. What all things you check before providing loan for a customer
  • Ans. 

    Before providing a loan, I check the customer's credit score, income, employment history, debt-to-income ratio, and collateral.

    • Credit score

    • Income

    • Employment history

    • Debt-to-income ratio

    • Collateral

    • Answered by AI
    Add your answer
  • Q2. 5cs of credit
  • Ans. 

    The 5 Cs of credit are character, capacity, capital, collateral, and conditions.

    • Character refers to the borrower's credit history and reputation.

    • Capacity refers to the borrower's ability to repay the loan based on income and expenses.

    • Capital refers to the borrower's assets and net worth.

    • Collateral refers to assets that can be used as security for the loan.

    • Conditions refer to the purpose of the loan and economic conditi...

    • Answered by AI
    Add your answer
  • Q3. Will you give loan for lady in maternity
    • Add your answer

Interview Preparation Tips

Interview preparation tips for other job seekers - first round was email etiquette, second buplas voice test and email writing and english grammer. after that operational round every thing they will ask about home loan processing. its was farely a avarage interview.
More about working at Bank of America

Bank of America Interview FAQs

How many rounds are there in Bank of America Credit Risk Analyst interview?
Bank of America interview process usually has 3 rounds. The most common rounds in the Bank of America interview process are Technical and Aptitude Test.
What are the top questions asked in Bank of America Credit Risk Analyst interview?

Some of the top questions asked at the Bank of America Credit Risk Analyst interview -

  1. Questions related to derivat...read more
  2. Option greeks, vega prof...read more

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based on 1 interview

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Good
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