10+ Episource Interview Questions and Answers

To check the repayment capacity of an applicant, I assess their income, credit history, and financial obligations.

• Evaluate the applicant's income and employment stability

• Review their credit history and credit score

• Assess their existing financial obligations such as loans, mortgages, and credit card debt

• Consider their debt-to-income ratio

• Analyze their repayment track record on previous loans or credit facilities

• Verify their assets and collateral, if applicable

To handle pressure in critical situations, I prioritize tasks, stay calm, communicate effectively, and seek support when needed.

• Prioritize tasks based on urgency and importance

• Stay calm and composed to think clearly and make rational decisions

• Communicate effectively with team members, superiors, and stakeholders

• Seek support from colleagues or mentors to brainstorm solutions or share the workload

• Maintain a positive attitude and motivate the team to overcome challenges

• Take brea...read more

Creating a bad definition in risk modelling

• Using vague or ambiguous terms in the definition

• Neglecting to consider all relevant factors

• Failing to update the definition as circumstances change

• Relying solely on historical data without considering future trends

• Ignoring expert opinions or industry best practices

The loan amount is based on various factors such as credit score, income, collateral, and loan purpose.

• Credit score is a major factor in determining the loan amount.

• Income is also considered to ensure the borrower can repay the loan.

• Collateral can increase the loan amount as it provides security for the lender.

• Loan purpose can also affect the loan amount, such as a mortgage for a house.

Bagging and boosting are ensemble learning techniques used to improve the performance of machine learning models.

• Bagging involves training multiple models on different subsets of the training data and then combining their predictions through voting or averaging.

• Boosting involves training multiple models sequentially, with each subsequent model focusing on the samples that the previous models misclassified.

• Bagging reduces variance and overfitting, while boosting reduces bias a...read more

I cherish the gifts from my childhood as they hold sentimental value.

• I have a teddy bear that I received when I was five years old, which I still keep on my bed.

• My parents gave me a necklace on my 16th birthday, which I wear on special occasions.

• My grandmother gave me a set of books that she used to read to me when I was a child, which I still have and read to my own children.

• I also have a few gifts from my wedding day that hold special meaning, such as a photo album and a pe...read more

There is no one-size-fits-all answer to this question as it depends on the project requirements and team preferences.

• The coding language should be chosen based on the project requirements and constraints.

• Consider the team's expertise and familiarity with the language.

• Evaluate the language's performance, scalability, and maintainability.

• Some popular languages for software development are Java, Python, C++, and JavaScript.

The number of issues handled depends on the size of the team and the complexity of the issues.

• Number of issues handled can vary based on team size and workload

• Efficient issue handling requires effective communication and problem-solving skills

• Tracking and prioritizing issues is essential for successful resolution

FSI stands for Financial Stress Index. 13 years trace is required to analyze long-term financial trends.

• FSI is a measure of financial stress in the economy, taking into account various indicators such as interest rates, credit spreads, and market volatility.

• Analyzing a 13-year trace allows for a comprehensive understanding of long-term financial trends and patterns.

• This long-term data helps in identifying potential risks and vulnerabilities in the financial system.

• For example...read more

I currently live in a suburban area with easy access to public transportation and amenities.

• Suburban area

• Easy access to public transportation

• Close to amenities

Array is a data structure that stores a collection of elements in a specific order. Hash map is a data structure that maps keys to values.

• An array is a fixed-size collection of elements of the same data type. Elements are accessed by their index.

• A hash map is a collection of key-value pairs where each key is unique. Values are accessed by their corresponding keys.

• Example: Array - ['apple', 'banana', 'orange']. Hash map - {'apple': 1, 'banana': 2, 'orange': 3}