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Wells Fargo Credit Risk Analyst Interview Questions and Answers

Updated 18 Nov 2024

Wells Fargo Credit Risk Analyst Interview Experiences

1 interview found

Interview experience
1
Bad
Difficulty level
Moderate
Process Duration
4-6 weeks
Result
No response

I applied via Indeed and was interviewed in Oct 2024. There was 1 interview round.

Round 1 - One-on-one 

(2 Questions)

  • Q1. Introduction about yourself
  • Q2. Some technical questions

Interview Preparation Tips

Interview preparation tips for other job seekers - I had interview for credit risk role, Interviewer was some pilani and Ramesh from Bangalore, they had literally no idea of process, poor English, they had come up with few questions and expected candidates to answer as per there written Google answers which is worst.
Wells Fargo has been so worst in recent days, they offer manager and lead roles just based on experience internally with Zero subject knowledge and no proper English.

And I felt, I have wasted my valuable time for an interview

Interview questions from similar companies

Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Campus Placement and was interviewed before May 2022. 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 - One-on-one 

(1 Question)

  • Q1. If you are asked for advise whether to set a telecom plant in a rural area, on what parameters will you give your judgement
  • Ans. Literacy rate of that villages, population demographics, how many people use mobiles, competitor presence, etc
  • Answered Anonymously
Round 3 - One-on-one 

(2 Questions)

  • Q1. About previous job role
  • Q2. Key contributions in earlier job
  • Ans. 

    Developed and implemented credit risk models to improve loan portfolio quality.

    • Developed and implemented credit risk models to assess the creditworthiness of borrowers.

    • Conducted data analysis to identify trends and patterns in loan performance.

    • Collaborated with cross-functional teams to develop risk management strategies.

    • Provided recommendations to senior management on credit risk policies and procedures.

    • Improved loan ...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Prepare according to job description
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Referral and was interviewed before Apr 2023. There were 2 interview rounds.

Round 1 - Technical 

(1 Question)

  • Q1. What is the business model of Amex? (open loop vs close loop)
  • Ans. 

    Amex operates on an open loop business model.

    • Amex operates as a payment network that partners with various merchants and banks to process transactions.

    • Open loop systems allow for transactions to be made at a wide range of merchants, both online and offline.

    • Examples of open loop systems include Visa, Mastercard, and Discover.

  • Answered by AI
Round 2 - Technical 

(1 Question)

  • Q1. Why Amex? Why should I make you an offer now? Airline fraud risk - what factors would you look at?

I applied via Company Website and was interviewed in Sep 2022. There were 2 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 - One-on-one 

(6 Questions)

  • Q1. Difference Between Hedge Funds & Private Equity
  • Ans. 

    Hedge funds are pools of capital managed aggressively while private equity invests in private companies with the aim of improving their operations.

    • Hedge funds are more actively managed and use a variety of investment strategies to generate high returns.

    • Private equity firms invest in private companies with the aim of improving their operations and then selling them for a profit.

    • Hedge funds are typically open to a wider ...

  • Answered by AI
  • Q2. Why people around the world are anticipating a recession
  • Ans. 

    Global economic indicators suggest a possible recession.

    • Trade tensions between US and China have led to a slowdown in global trade.

    • Many countries are experiencing low economic growth rates.

    • Central banks are cutting interest rates to stimulate growth.

    • Inverted yield curves in bond markets indicate investor pessimism.

    • Political uncertainty, such as Brexit, is causing instability in markets.

  • Answered by AI
  • Q3. Why did the 2007 Financial Crisis Happen
  • Q4. Types of Financial Statements and Ratios
  • Ans. 

    Financial statements include balance sheet, income statement, and cash flow statement. Ratios include liquidity, profitability, and solvency ratios.

    • Balance sheet shows a company's assets, liabilities, and equity at a specific point in time

    • Income statement shows a company's revenue, expenses, and net income over a period of time

    • Cash flow statement shows a company's cash inflows and outflows over a period of time

    • Liquidit...

  • Answered by AI
  • Q5. Name any one Indian company which went bankrupt recently
  • Ans. 

    Jet Airways

    • Jet Airways, once India's largest private airline, filed for bankruptcy in April 2019

    • The airline had accumulated a debt of over Rs 8,000 crore

    • Jet Airways had to ground all its flights and lay off thousands of employees

  • Answered by AI
  • Q6. About my current Job Profile

Interview Preparation Tips

Interview preparation tips for other job seekers - Be Confident and just treat the interview as a conversation
Interview experience
4
Good
Difficulty level
-
Process Duration
-
Result
-
Round 1 - One-on-one 

(2 Questions)

  • Q1. Tell me about yourself?
  • Ans. 

    I am a detail-oriented Credit Risk Analyst with a strong background in financial analysis and risk assessment.

    • I have a Bachelor's degree in Finance and several years of experience in the banking industry.

    • I am skilled in analyzing credit reports, assessing financial statements, and identifying potential risks.

    • I have a proven track record of making sound credit decisions and implementing risk mitigation strategies.

    • I am p...

  • Answered by AI
  • Q2. Tell me about different classes of assets
  • Ans. 

    Different classes of assets include fixed assets, current assets, intangible assets, and financial assets.

    • Fixed assets: Tangible assets like property, plant, and equipment

    • Current assets: Liquid assets like cash, accounts receivable, and inventory

    • Intangible assets: Non-physical assets like patents, trademarks, and goodwill

    • Financial assets: Investments like stocks, bonds, and derivatives

  • Answered by AI

Interview Preparation Tips

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

I applied via Company Website and was interviewed before Nov 2019. There were 3 interview rounds.

Interview Questionnaire 

2 Questions

  • Q1. What is credit risk?
  • Ans. 

    Credit risk refers to the potential loss that a lender may face if a borrower fails to repay a loan or debt.

    • Credit risk is the risk of default on a loan or debt by a borrower.

    • It is the possibility of loss due to non-payment of interest or principal by the borrower.

    • Credit risk can be mitigated by assessing the creditworthiness of the borrower and setting appropriate terms and conditions.

    • Examples of credit risk include d...

  • Answered by AI
  • Q2. What is counterparty credit risk
  • Ans. 

    Counterparty credit risk is the risk of loss due to a counterparty's failure to meet its financial obligations.

    • It is the risk that a counterparty will default on a financial obligation

    • It is a type of credit risk that arises from the potential that the counterparty will not fulfill its contractual obligations

    • It can be mitigated through credit analysis and risk management techniques

    • Examples include the risk of a borrower...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Read about all financial products n basics of credit risk
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Recruitment Consulltant and was interviewed before Feb 2022. 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 - HR 

(1 Question)

  • Q1. General questions about current role and CTC
Round 3 - One-on-one 

(1 Question)

  • Q1. What is your typical day at office?
  • Ans. 

    As a Credit Risk Analyst, my typical day at the office involves analyzing financial data, assessing creditworthiness, and making recommendations to minimize credit risk.

    • Reviewing and analyzing financial statements and credit reports

    • Assessing the creditworthiness of individuals and businesses

    • Evaluating loan applications and determining appropriate credit limits

    • Monitoring and managing existing credit exposures

    • Identifying...

  • Answered by AI

Interview Preparation Tips

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.

Analyst Interview Questions & Answers

UBS user image Anonymous

posted on 19 Jan 2015

Interview Questionnaire 

2 Questions

  • Q1. Questions about career goals, interests and future prospects
  • Q2. Firm-related questions

Interview Preparation Tips

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

Interview Questionnaire 

8 Questions

  • Q1. Find a number which occurs odd number of times and all number occurs even number of times
  • Ans. 

    Find an odd occurring number among even occurring numbers.

    • Use XOR operation to cancel out even occurring numbers and get the odd occurring number.

    • Iterate through the array and XOR each element with the result variable.

    • The final result will be the odd occurring number.

  • Answered by AI
  • Q2. Some discussion about my minor project
  • Q3. Spiral order of binary tree and mattrix, print it
  • Ans. 

    Print the spiral order of a binary tree and matrix.

    • For binary tree, use level order traversal and alternate direction for each level.

    • For matrix, use four pointers to traverse in spiral order.

    • Example for binary tree: 1 -> 2 -> 3 -> 4 -> 5 -> 6 -> 7 -> 8 -> 9

    • Example for matrix: 1 2 3 4 -> 8 7 6 5 -> 9 10 11 12 -> 16 15 14 13

  • Answered by AI
  • Q4. Some question about os,dbms
  • Q5. Find pair which have a given sum in a given array
  • Ans. 

    Finding pairs in an array with a given sum.

    • Iterate through the array and for each element, check if the difference between the given sum and the element exists in the array.

    • Use a hash table to store the elements of the array and their indices for faster lookup.

    • If there are multiple pairs with the same sum, return any one of them.

    • If no pair is found, return null or an empty array.

  • Answered by AI
  • Q6. Find total number of k element which have a given avg in a given array in minimum time complexity
  • Ans. 

    Find total number of k element with given avg in an array in minimum time complexity.

    • Use sliding window technique to traverse the array in O(n) time complexity.

    • Maintain a sum variable to keep track of the sum of elements in the window.

    • If the sum of elements in the window is equal to k times the given avg, increment the count.

    • Move the window by subtracting the first element and adding the next element in the array.

  • Answered by AI
  • Q7. Print all elements which in not boundary element in a given binary tree
  • Ans. 

    Printing non-boundary elements of a binary tree

    • Traverse the tree in any order (preorder, inorder, postorder)

    • Check if the current node is not a boundary node (not the first or last node in its level)

    • If it is not a boundary node, print its value

    • Recursively traverse its left and right subtrees

  • Answered by AI
  • Q8. Then some question about process synchronisation,error vs exception,and then 2-3 hr question

Interview Preparation Tips

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

Skills evaluated in this interview

Wells Fargo Interview FAQs

How many rounds are there in Wells Fargo Credit Risk Analyst interview?
Wells Fargo interview process usually has 1 rounds. The most common rounds in the Wells Fargo interview process are One-on-one Round.

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Wells Fargo Credit Risk Analyst Interview Process

based on 1 interview

Interview experience

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Wells Fargo Credit Risk Analyst Salary
based on 20 salaries
₹12 L/yr - ₹23 L/yr
49% more than the average Credit Risk Analyst Salary in India
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Wells Fargo Credit Risk Analyst Reviews and Ratings

based on 5 reviews

3.7/5

Rating in categories

3.4

Skill development

4.3

Work-life balance

3.6

Salary

4.3

Job security

3.9

Company culture

3.3

Promotions

4.0

Work satisfaction

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