Morgan Stanley Risk Analyst Interview Questions and Answers

Vulnerability is a weakness in a system that can be exploited, while risk is the likelihood of a threat exploiting that vulnerability.

• Vulnerability is a flaw or weakness in a system that can be exploited by a threat.

• Risk is the likelihood of a threat exploiting that vulnerability and the potential impact of that exploitation.

• Vulnerability is inherent in the system, while risk is the combination of the likelihood and im...read more

Control monitoring is the process of regularly checking and evaluating the effectiveness of controls put in place to manage risks.

• Regularly checking and evaluating controls

• Ensuring controls are effective in managing risks

• Identifying any gaps or weaknesses in controls

• Taking corrective actions to improve controls

• Examples: reviewing access logs to monitor unauthorized access, conducting periodic audits of financial contro

Experienced risk analyst with a background in finance and data analysis.

• Over 5 years of experience in analyzing financial risks and developing risk management strategies

• Proficient in statistical analysis and modeling using tools like Excel, SAS, and R

• Strong understanding of market trends and regulatory requirements

• Excellent communication skills and ability to present complex data to stakeholders

• Previously worked at XYZ...read more

Join is used in SQL to combine rows from two or more tables based on a related column, while merge is used in data manipulation tools like pandas to combine data frames based on common columns.

• Join is typically used in SQL queries to combine rows from two or more tables based on a related column

• Merge is used in data manipulation tools like pandas to combine data frames based on common columns

• Join can be inner, outer, l...read more

Left join is a type of join operation in SQL that returns all rows from the left table and the matched rows from the right table.

• Left join combines rows from two tables based on a related column between them.

• If there is no match for a row in the right table, NULL values are used for the columns from the right table.

• Example: SELECT * FROM table1 LEFT JOIN table2 ON table1.id = table2.id;

I want to move to Citi because of its reputation for innovation and global presence.

• Citi is known for its cutting-edge technology and data analytics, which aligns with my skills and interests.

• I am excited about the opportunity to work in a diverse and dynamic environment at Citi.

• Citi's global presence offers the chance to work on a wide range of projects and collaborate with colleagues from around the world.

Expected CTC is negotiable based on candidate's experience, skills, and the company's budget.

• Expected CTC depends on the candidate's level of experience and skills.

• It also depends on the company's budget and industry standards.

• Negotiation is common during the offer stage to reach a mutually agreeable CTC.

• Candidates can research average salaries for similar roles to have an idea of what to expect.

I overcame challenges related to data accuracy and communication in my previous company.

• Implemented new data validation processes to improve accuracy

• Improved communication between departments to streamline workflow

• Resolved discrepancies in risk assessment reports through thorough analysis

I successfully implemented a new risk assessment model for a financial institution.

• Identified limitations of current risk assessment model

• Researched and analyzed alternative models

• Collaborated with team to implement and test new model

• Monitored and adjusted model based on feedback and results