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Magnit Global Compliance Analyst Interview Questions and Answers

Updated 21 Jan 2024

Magnit Global Compliance Analyst Interview Experiences

1 interview found

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

I applied via Walk-in and was interviewed before Jan 2023. There were 2 interview rounds.

Round 1 - HR 

(1 Question)

  • Q1. Basic questions about my background of academics and work experience.
Round 2 - Technical 

(1 Question)

  • Q1. About excel knowledge, compliance & US Healthcare.

Interview questions from similar companies

Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
-
Result
-

I applied via Approached by Company and was interviewed in Jun 2024. There was 1 interview round.

Round 1 - Technical 

(4 Questions)

  • Q1. Difference between ISO 27001 and SOC2 Type 2 audit
  • Ans. 

    ISO 27001 focuses on information security management system while SOC2 Type 2 audit focuses on controls related to security, availability, processing integrity, confidentiality, and privacy.

    • ISO 27001 is an international standard that focuses on establishing, implementing, maintaining, and continually improving an information security management system (ISMS).

    • SOC2 Type 2 audit is a report based on the Trust Services Cri...

  • Answered by AI
  • Q2. How the BCMS is implemented
  • Ans. 

    BCMS is implemented through a structured approach involving planning, implementation, monitoring, and continual improvement.

    • Develop a BCMS policy outlining objectives and scope

    • Conduct a risk assessment to identify threats and vulnerabilities

    • Implement controls to mitigate risks

    • Train employees on BCMS procedures and protocols

    • Regularly test and evaluate the effectiveness of the BCMS

    • Review and update the BCMS as needed bas...

  • Answered by AI
  • Q3. Business Impact Analysis and Risk Assessment
  • Q4. Analyze a SOC2 Report
  • Ans. 

    A SOC2 report is an audit report that attests to the controls in place at a service organization relevant to security, availability, processing integrity, confidentiality, and privacy.

    • Review the scope of the report to understand the services covered

    • Examine the auditor's opinion on the effectiveness of controls

    • Look for any exceptions or deficiencies noted in the report

    • Check the date of the report to ensure it is current

    • ...

  • Answered by AI

Interview Preparation Tips

Topics to prepare for IBS Software Services Compliance Specialist interview:
  • ISO 27001 audit
  • SOC2 audit prepartion
  • Risk Ananlysis

Magnit Global Interview FAQs

How many rounds are there in Magnit Global Compliance Analyst interview?
Magnit Global interview process usually has 2 rounds. The most common rounds in the Magnit Global interview process are HR and Technical.

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Magnit Global Compliance Analyst Salary
based on 6 salaries
₹3.6 L/yr - ₹5.3 L/yr
33% less than the average Compliance Analyst Salary in India
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