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Deloitte Risk Management Analyst Interview Questions and Answers

Updated 1 Nov 2023

Deloitte Risk Management Analyst Interview Experiences

1 interview found

Interview experience
3
Average
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
Not Selected

I applied via Referral and was interviewed in Oct 2023. There was 1 interview round.

Round 1 - One-on-one 

(3 Questions)

  • Q1. Form a regression model, describe OLS,
  • Ans. 

    OLS is a method used to estimate the relationship between one dependent variable and one or more independent variables.

    • OLS stands for Ordinary Least Squares.

    • It is a method used in regression analysis to estimate the unknown parameters in a linear regression model.

    • The goal of OLS is to minimize the sum of the squared differences between the observed values and the values predicted by the model.

    • The OLS method calculates ...

  • Answered by AI
  • Q2. What are type 1 and type 2 errors, what are independent and mutually exclusive events,
  • Ans. 

    Type 1 and type 2 errors are related to statistical hypothesis testing, while independent and mutually exclusive events are concepts in probability theory.

    • Type 1 error occurs when a true null hypothesis is incorrectly rejected, while type 2 error occurs when a false null hypothesis is not rejected.

    • Independent events are events where the occurrence of one event does not affect the probability of the other event happenin...

  • Answered by AI
  • Q3. Guesstimate: number of smartphones sold in india
  • Ans. 

    Approximately 150 million smartphones are sold in India annually.

    • Consider the population of India (approximately 1.3 billion) and the smartphone penetration rate (around 40-45%).

    • Look at the sales data of major smartphone manufacturers in India like Xiaomi, Samsung, and Vivo.

    • Take into account the growth rate of the smartphone market in India over the past few years.

  • Answered by AI

Interview Preparation Tips

Topics to prepare for Deloitte Risk Management Analyst interview:
  • Econometrics
  • Statistics
  • Python
  • Guesstimates

Interview questions from similar companies

I applied via Recruitment Consulltant and was interviewed before Jul 2021. There was 1 interview round.

Round 1 - One-on-one 

(1 Question)

  • Q1. Basics of risk manamegment Scenario based questions Technical qaspects in finance

Interview Preparation Tips

Interview preparation tips for other job seekers - Please be confident to answer qiestions and dont hesitate
Interview experience
4
Good
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Approached by Company and was interviewed in Jan 2024. There were 2 interview rounds.

Round 1 - One-on-one 

(2 Questions)

  • Q1. Data Privacy knowledge
  • Q2. Data Retention knowledge
Round 2 - Aptitude Test 

Multiple activities testing

Interview experience
4
Good
Difficulty level
-
Process Duration
2-4 weeks
Result
Selected Selected

I applied via Recruitment Consulltant and was interviewed in Aug 2023. There were 2 interview rounds.

Round 1 - Case Study 

Case study on how to increase penetration of a global electronic manufacturer. The interviewer provide lot of data and charts.

Round 2 - One-on-one 

(1 Question)

  • Q1. Behavioral questions. Tell me about a situation where you managed ambiguity?
Interview experience
3
Average
Difficulty level
-
Process Duration
-
Result
-
Round 1 - One-on-one 

(1 Question)

  • Q1. Risk framewrk life cycle

I applied via campus placement at DG Ruparel College of Arts Science & Commerce, Mumbai and was interviewed in Jun 2021. There were 3 interview rounds.

Interview Questionnaire 

1 Question

  • Q1. About various impacts on balance sheet, P&L statement & cash flow statements in different scenarios?
  • Ans. Scenario like increase in depreciation was asked, here answer should include start to end everything, starting from P&L statement to cash flow entry everything was explained by me
  • Answered Anonymously

Interview Preparation Tips

Interview preparation tips for other job seekers - Stay confident, make sure to review your CV and keep in mind majority questions will be from resume

I was interviewed in Dec 2016.

Interview Preparation Tips

Round: Test
Experience: There was an online mcq test followed by written long answer test
Duration: 2 hours

Round: HR Interview
Tips: Be completely honest and don't try to excessively flatter the interviewer or the company

Round: Technical Interview
Experience: Problem solving abilities and basic programming skills

Skills: Problem Solving Abilties
College Name: IIT Kanpur
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
2-4 weeks
Result
Not Selected

I applied via Referral and was interviewed in Mar 2023. There were 2 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 - Technical 

(2 Questions)

  • Q1. Finance related question
  • Q2. Tell me sbout yourself
  • Ans. 

    I am a risk analyst with a strong background in data analysis and risk assessment.

    • I have a Bachelor's degree in Statistics and a Master's degree in Risk Management.

    • I have worked for 5 years in the insurance industry, analyzing data to identify potential risks and develop strategies to mitigate them.

    • I am proficient in statistical software such as R and Python, which I use to analyze large datasets and create risk models...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Be confident and clear your basics
Be fluent
Interview experience
4
Good
Difficulty level
Hard
Process Duration
Less than 2 weeks
Result
Not Selected

I applied via Recruitment Consulltant and was interviewed before May 2023. There were 2 interview rounds.

Round 1 - Coding Test 

Python and SQL, Verbal reasoning and numerical aptitude

Round 2 - Case Study 

Case study on product launch and strategies

Interview Preparation Tips

Interview preparation tips for other job seekers - Please practice case studies for any roles at McKinsey

I applied via Campus Placement and was interviewed in Aug 2022. There were 3 interview rounds.

Round 1 - Technical 

(1 Question)

  • Q1. What are the OSI model layers
  • Ans. 

    The OSI model has 7 layers that define how data is transmitted over a network.

    • Layer 1: Physical - deals with the physical connection of devices

    • Layer 2: Data Link - responsible for error-free transfer of data between devices

    • Layer 3: Network - handles routing of data between different networks

    • Layer 4: Transport - ensures reliable delivery of data between applications

    • Layer 5: Session - manages communication sessions betwe...

  • Answered by AI
Round 2 - Behavioral 

(1 Question)

  • Q1. What is problem solving? Give a real time example.
  • Ans. 

    Problem solving is the process of finding solutions to complex issues or challenges.

    • Identify the problem and its root cause

    • Gather relevant information and data

    • Brainstorm potential solutions

    • Evaluate and select the best solution

    • Implement and monitor the solution

    • Example: A company is experiencing a decrease in sales. The problem could be due to various factors such as poor marketing, competition, or economic conditions. T...

  • Answered by AI
Round 3 - HR 

(1 Question)

  • Q1. Group Discussion on Technology after 5 years

Interview Preparation Tips

Interview preparation tips for other job seekers - Be honest, positive and confident. Don't be blank and atleast try to give the interviewer a concept of the question.

Skills evaluated in this interview

Deloitte Interview FAQs

How many rounds are there in Deloitte Risk Management Analyst interview?
Deloitte interview process usually has 2 rounds. The most common rounds in the Deloitte interview process are Resume Shortlist and One-on-one Round.
What are the top questions asked in Deloitte Risk Management Analyst interview?

Some of the top questions asked at the Deloitte Risk Management Analyst interview -

  1. what are type 1 and type 2 errors, what are independent and mutually exclusive ...read more
  2. guesstimate: number of smartphones sold in in...read more
  3. form a regression model, describe O...read more

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