PwC Risk Analyst Interview Questions, Process, and Tips

Q1. Risk framewrk life cycle
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Q1. What are the OSI model layers
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The OSI model has 7 layers that define how data is transmitted over a network.
• Layer 1: Physical - deals with the physical connection of devices

• Layer 2: Data Link - responsible for error-free transfer of data between devices

• Layer 3: Network - handles routing of data between different networks

• Layer 4: Transport - ensures reliable delivery of data between applications

• Layer 5: Session - manages communication sessions betwe...read more
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Q1. What is problem solving? Give a real time example.
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Problem solving is the process of finding solutions to complex issues or challenges.
• Identify the problem and its root cause

• Gather relevant information and data

• Brainstorm potential solutions

• Evaluate and select the best solution

• Implement and monitor the solution

• Example: A company is experiencing a decrease in sales. The problem could be due to various factors such as poor marketing, competition, or economic conditions. T...read more
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Q1. Group Discussion on Technology after 5 years
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Q1. Previous Work Experience
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I have 3 years of experience as a Risk Analyst in the banking industry.
• Worked closely with the risk management team to identify and assess potential risks

• Conducted thorough analysis of financial data to evaluate risk exposure

• Developed risk mitigation strategies and recommended improvements to existing risk management processes

• Prepared comprehensive risk reports for senior management

• Collaborated with cross-functional te...read more
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Q2. Process of Identification of risk
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Identification of risk involves a systematic process of identifying potential threats and assessing their likelihood and impact.
• Identify potential risks through brainstorming, historical data analysis, and expert opinions

• Assess the likelihood and impact of each identified risk

• Prioritize risks based on their potential impact and likelihood

• Develop strategies to mitigate or manage identified risks

• Regularly review and upda
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It was a normal aptitude test with basic questions

Q1. What is cyber security?
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Cyber security is the practice of protecting systems, networks, and data from digital attacks.
• Involves implementing measures to prevent unauthorized access

• Includes protecting against malware, phishing, and other cyber threats

• Involves monitoring and responding to security incidents

• Examples of cyber security tools include firewalls, antivirus software, and encryption

• Cyber security is essential for safeguarding sensitive ...read more
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Q2. Different types of threat
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Different types of threats include physical, cyber, internal, external, and environmental threats.
• Physical threats involve physical harm or damage to assets, such as theft, vandalism, or natural disasters.

• Cyber threats involve attacks on computer systems and networks, such as malware, phishing, or hacking.

• Internal threats come from within an organization, such as employee fraud or negligence.

• External threats come from ...read more
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Q1. SOC related and Networking concepts,
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Q2. Go through some basic SIEM sloution
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