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MPOWER Financing Underwriting Analyst Interview Questions and Answers

Updated 9 Sep 2020

MPOWER Financing Underwriting Analyst Interview Experiences

1 interview found

Interview Questionnaire 

1 Question

  • Q1. Better underwriting approach - stated or verified income?
  • Ans. 

    Verified income is a better underwriting approach than stated income.

    • Verified income provides more accurate information about the borrower's financial situation.

    • Stated income can be easily manipulated or exaggerated by the borrower.

    • Verified income reduces the risk of default and improves the lender's profitability.

    • However, verifying income can be time-consuming and costly for the lender.

    • The underwriting approach should...

  • Answered by AI

Interview questions from similar companies

I applied via LinkedIn and was interviewed before May 2020. There was 1 interview round.

Interview Questionnaire 

1 Question

  • Q1. Questions were from SQL, Python, Statistics & Business Case Studies/Metrics in the form of 4-5 rounds.

Interview Preparation Tips

Interview preparation tips for other job seekers - So Key Takeaway is You have to be good with your Technical Knowledge (SQL Expert, Python, Overall Stats Knowledge) and That is not really enough. What differs a Business Analyst from other Developers/Statisticians etc. is Business acumen, Problem Solving Skills etc. To have a Business Knowledge and Understanding such that you find the problems/solutions/ Metrics and then solve them using the Technology.

I applied via LinkedIn and was interviewed in Apr 2020. There were 4 interview rounds.

Interview Questionnaire 

2 Questions

  • Q1. How can you reduce the delivery time of the order?
  • Ans. 

    Reducing delivery time can be achieved by optimizing the supply chain, improving communication, and automating processes.

    • Analyze the supply chain and identify bottlenecks

    • Implement automation tools to streamline processes

    • Improve communication between departments and with customers

    • Use data analytics to forecast demand and plan accordingly

    • Consider outsourcing or partnering with third-party logistics providers

    • Invest in tec...

  • Answered by AI
  • Q2. Questions based on Case Studies

Interview Preparation Tips

Interview preparation tips for other job seekers - The process consisted of two rounds. First was the business analysis kind of round which included the questions like how can you reduce the delivery time of the order? The second round was technical round where the person asked the questions on SQL and Excel

I applied via IIM Jobs and was interviewed in Nov 2020. There were 3 interview rounds.

Interview Questionnaire 

7 Questions

  • Q1. Advance SQL Questions.
  • Q2. Multiple Approaches in the SQL questions were seen. Some unconventional SQL Syntax was also asked.
  • Q3. Metrics Driven Case studies.
  • Q4. More number of solutions were seen instead of in depth implementation of 1 solution. Good Communication skills is judged.
  • Q5. Tell me something about yourself.
  • Ans. 

    I am a highly motivated and detail-oriented Business Analyst with a strong background in data analysis and problem-solving.

    • I have a Bachelor's degree in Business Administration with a focus on analytics.

    • I have experience working with cross-functional teams to gather and analyze business requirements.

    • I am proficient in using tools such as Excel, SQL, and Tableau for data analysis and visualization.

    • I have successfully im...

  • Answered by AI
  • Q6. Why quit last job.
  • Ans. 

    Seeking better growth opportunities and work-life balance.

    • Limited growth prospects in previous role

    • Lack of work-life balance

    • Desire for new challenges and learning opportunities

    • Company culture misalignment

    • Relocation or commute issues

    • Better compensation or benefits elsewhere

  • Answered by AI
  • Q7. Why Meesho.
  • Ans. 

    Meesho is a leading e-commerce platform that empowers individuals to start their own online businesses.

    • Meesho provides a user-friendly platform for individuals to sell products online without any investment.

    • It offers a wide range of products from various categories, allowing sellers to cater to different customer preferences.

    • Meesho provides extensive training and support to its sellers, helping them succeed in their on...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Be calm, It's very similar to any other business analyst interview in industry.
Interview experience
4
Good
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Technical 

(1 Question)

  • Q1. SQL, Case study, and puzzles.

Interview Preparation Tips

Interview preparation tips for other job seekers - SQL, case study, and Puzzles. That's what I was asked.
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Referral and was interviewed before Nov 2023. There was 1 interview round.

Round 1 - One-on-one 

(2 Questions)

  • Q1. Map implementation
  • Q2. Oops questions, exception handling
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
2-4 weeks
Result
Selected Selected

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

Round 1 - Case Study 

Normal discussion about guesstimates

Interview experience
4
Good
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Case Study 

Zepto search bar base case study

Interview Preparation Tips

Interview preparation tips for other job seekers - prepare e commerce based cases
Round 1 - One-on-one 

(1 Question)

  • Q1. SQL related question asked like Window function, Rank, dense rank, Intermediate to hard level questions.

Interview Preparation Tips

Interview preparation tips for other job seekers - Do intermediate SQL and practice questions on case based and window function
Interview experience
3
Average
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
No response

I applied via Referral and was interviewed in Sep 2023. There were 3 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 - Case Study 

What are the KPI to be considered in order to monitor the e-diagnostics business.

Round 3 - Not Done Yet 

(1 Question)

  • Q1. It might be cultural fitment round. Not Done Yet

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MPOWER Financing Underwriting Analyst Salary
based on 18 salaries
₹6.6 L/yr - ₹12 L/yr
57% more than the average Underwriting Analyst Salary in India
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