Ernst & Young Risk Consultant Interview Questions and Answers

Mostly logical reasoning questions

Q1. Basic finance questions like journal entries
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Q1. Basic hr questions
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Q1. Tell me about your self
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Q2. Tell me about your education
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Case study on how to increase penetration of a global electronic manufacturer. The interviewer provide lot of data and charts.

Q1. Behavioral questions. Tell me about a situation where you managed ambiguity?
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Q1. Explain what you are doing in your currect profile?
Ans. 
I am currently working as a Risk Consultant, where I assess and analyze potential risks for clients to help them make informed decisions.
• Conducting risk assessments to identify potential threats and vulnerabilities

• Analyzing data to evaluate the likelihood and impact of risks

• Developing risk mitigation strategies and recommendations for clients

• Communicating findings and recommendations to clients and stakeholders
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Q2. Different aspects of security like application and infrastructure.
Ans. 
Security aspects like application and infrastructure are crucial for risk management.
• Application security involves securing software applications from threats like malware and unauthorized access.

• Infrastructure security focuses on protecting the underlying IT infrastructure, including networks, servers, and databases.

• Both aspects are essential for comprehensive risk management in organizations.

• Examples of application s...read more
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Q1. How do you mitigate those risks identified?
Ans. 
To mitigate identified risks, we implement risk management strategies, create contingency plans, conduct regular risk assessments, and ensure proper communication.
• Implement risk management strategies such as risk avoidance, risk reduction, risk transfer, and risk acceptance.

• Create contingency plans to address potential risks and minimize their impact.

• Conduct regular risk assessments to identify new risks and evaluate t...read more
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Q2. Do you have any certifications?
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Easy round yaarrr eassyyyyy

Q1. Easy questionsaaa and eaysyyyyyy
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Q2. No such questions
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Q1. Easyyyyy questionnnnn very easyyyyyy
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Q1. Finance related question
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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...read more
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There were like job assigning problems, calendar problems like 1 works for sun and mon only, 2 works for 11 and 12 date of the month so tell me last working day of 3.

Q1. How is https secured, you are from electrical engineering where python is used in electrical
Ans. 
HTTPS is secured using SSL/TLS protocols to encrypt data transmitted between a web server and a browser.
• HTTPS uses SSL/TLS protocols to encrypt data, providing secure communication over the internet.

• SSL (Secure Sockets Layer) and its successor TLS (Transport Layer Security) are cryptographic protocols that provide secure communication over a computer network.

• SSL/TLS certificates are used to verify the identity of a web...read more
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