Wells Fargo Credit Risk Analyst Interview Questions and Answers

Interview preparation tips for other job seekers - Be Confident and just treat the interview as a conversation

Round: Group Discussion
Experience: There was a GD based on a case study.

Round: technical interview
Experience: The interview was based mainly on resume. They asked one question on Econometrics and one question on Microeconomics apart from the resume description. From resume they asked mainly about the projects and internships. Overall it was a great experience for a first job interview.

General Tips: Do’s and Don’ts :
1. Take 4-5 printouts of your resume before going for interview. Have a notepad and a pen with you in a folder along with the resume prints.
2. Don’t be frustrated. Always remember that there is a company meant for you. Now, it is possible that it may come on day 1 or day 7 or even later. Always keep faith and believe in yourself.
3. If you are placed and some of your friends are still in the process, support them and do help them in preparation. Moral support is very important in tough times. Don’t go home immediately once you are placed but stay here for a few extra days. This would mean a lot to them.
4. Sleep well during the placement season. You should sleep for at least 5-6 hours.
College Name: IIT Kanpur

Interview preparation tips for other job seekers - Read about all financial products n basics of credit risk

Interview preparation tips for other job seekers - Read the JD thoroughly.
It is important to highlight the matching aspects of your current role with the JD. This shows your experience as well as preparedness for the interview.

Be ready for counter questions.

Round: HR Interview
Experience: 1. At First, I missed the Credit Suisse GD since I hadn’t brought along a portfolio manager (one who handles your interview schedule and attends to the ever-ringing mobile phone).
2. I proceeded to Credit Suisse, and requested their HR contact to give me a chance since I could not turn up for the GDs.
3. It was here that I handed over my mobile phone to my friend Apratim Tiwari, who was managing the Credit Suisse procedures, and requested him to pursue the HR guy to schedule an interview, and also handle my phone when I was interviewing and he had successfully managed to get me an interview with Credit Suisse.
4. The interview went well. They were apparently quite impressed.
5. Two more rounds of interviews, and the HR guy made me an offer.
6. But, since Deutsche Bank was my dream company, I was also interviewing with them and got selected.
Tips: You would need to focus on three broad areas for a comprehensive preparation:
(a) HR questions: This is the most important part for any interview. In companies like DB, your communication skills coupled with your preparation of such questions account for more than 70% of a candidate’s selection. Answering questions about your career goals, interests, and your career thus far should become second nature by the end of November. You must also know the firms and job profiles inside out. I worked on this specific area, and by the end of the placement session, I had gained a reputation among my wingies for my expertise at answering HR questions.
(b) Puzzles: Since this is a non-core sector, puzzles are the only way to objectively test the ability of candidates with diverse backgrounds. Look up braingle.com and techinterview.org. These two should suffice. Also, whenever you come across a puzzle that you’ve already encountered, pretend as if you’re going through it for the first time. Don’t rush through. This is your opportunity to impress them. Do not squander it away!
(c) Finance and economic affairs: If you have a comprehensive knowledge of the financial markets, national economy, and international affairs, in addition to the above two, it is highly improbable that you won’t be selected. For brushing up these, read the Economist (print or online), and read through the opinion pages of Economic Times or the Business Standard for 2-3 months leading to the Placement season. You must also regularly read a newspaper like the Hindu or Indian Express to keep yourself abreast of the latest events which frequently become a focal point of group discussions (for Credit Suisse). You CANNOT afford to walk into the interview ignorant of terms like European debt crisis, global financial crisis, fiscal cliff, QE, and basic finance like options, hedging etc. Wikipedia, Investopedia and J.C.Hull (first few chapters) are great sources to pick up these.

General Tips: 1. If you are a B.Tech. student, do not be under the wrong impression that you can target all sectors- core as well as non-core. It is really difficult to prepare comprehensively for all companies, especially if you are in the B.Tech. program owing to time constraints.
2. The Dual degree students have an edge over you for precisely two reasons. Firstly, they get more time to prepare for the placements, and have learnt vicariously from their B.Tech. batchmates' experiences. Secondly, they tend to have higher retention rates (good for the companies).
3. Work on your English communication skills which are crucial for performing well in interviews and GDs.
Let neither of these become an obstacle by leaving no stone unturned in the course of your preparations.
4. You can’t appear for more than 4 companies in the first slot. It is not realistic. Hence, decide beforehand. I knew I hadn’t prepared enough for consulting or core, hence I opted out of ITC and Opera.
5. If you are shortlisted in multiple companies, ask a reliable friend to accompany you to the interviews, and handle your mobile phone (“managing one’s portfolio”). You’ll thank me someday for this advice.
6. I was happy that I prepared as much as I did, neglecting my college academics in the process. It is a decision I am proud of.
7. My Morgan Stanley internship distinguished me from scores of other candidates. I had never truly appreciated its importance till then. That also goes to show how important it is to get a good internship.
Skill Tips: 1. I scored a 100 percentile in CAT and the preparation made a huge impact on preparing for any of the interviews.
2. I also interned at Morgan Stanley which was further a plus for me.
3. I had received Honda YES Award, University of Tokyo-IIT Scholarship and my academic background was quite good.
Skills: Problem solving skills, Finance Basics, Basic HR questions, Economic affairs
College Name: IIT KANPUR

Round: Test
Experience: practice codes on paper
Tips:

Round: Technical Interview
Experience: very good
Tips: please try to explain each and every question in detail

Round: Technical Interview
Experience: my hr round is not taken by them,and some of face 3rd round ,which is HR
Tips: please prepare all types of problem from geeksforgeeks

Skill Tips: please try to understand every problem from geeksforgeeks
Skills: ds
College Name: NIT Bhopal
Motivation: best work culture,and a lots of learning opportunity in this company,and in every 6 month there is a appraisal