Ernst & Young Risk Consultant Interview Questions and Answers

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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Basic aptitude questions

Q1. Family Background Thoughts on Gen AI
Ans. 
Family background can influence one's perspective on Gen AI, which is the generation of artificial intelligence.
• Family background can shape one's values, beliefs, and attitudes towards technology and innovation.

• For example, a family with a history of working in tech may have a more positive view of Gen AI.

• Conversely, a family with concerns about privacy and ethics may have a more cautious approach to Gen AI.

• Understandi...read more
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Q1. Ready to reallocate About the company
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