American Express Analyst - Market Risk Management Interview Questions & Experience Guide

Interview Preparation
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American Express Analyst - Market Risk Management Interview Questions & Experience Guide

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Company Name: American Express

Position: Analyst - Market Risk Management

Application Process: On-campus interview process.

Interview Rounds:

  • Round 1 - Behavioral and Case Interview:
    • Questions Asked: Several behavioral questions and case-based questions. The interview also included an introduction to the structure of the team.
    • Your Approach: Prepared for behavioral questions using the STAR method and reviewed basic case interview frameworks. Tried to stay calm and articulate during the interview.
    • Outcome: Received a rejection one week later. The interviewers were very friendly and professional throughout the process.

Conclusion:
Overall, it was a great learning experience. The interviewers were supportive, and the questions were fair. I realized I could have practiced more case studies to improve my performance. For future candidates, I’d recommend focusing on both behavioral and case interview preparation to feel more confident during the process.

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Company Name: American Express

Position: Analyst - Market Risk Management

Location: [Location not specified]

Application Process: I applied via a job portal and was interviewed in February 2024.

Interview Rounds:

  • Round 1 - One-on-one Round:

    • Questions Asked:

      1. Any situation where you used a risk analysis approach?
      2. Read method and answer likewise.

    • Your Approach:

      • For the first question, I shared a real-life scenario from my academic project where I analyzed potential risks and proposed mitigation strategies.
      • For the second question, I carefully read the provided method and structured my answer to align with the given approach.

    • Outcome: The round went well, and I received positive feedback on my analytical skills.

Preparation Tips:

  • Reviewing case studies or projects involving risk analysis can be very helpful.
  • Practicing structured problem-solving methods is key for such roles.

Conclusion:

Overall, the interview was a great learning experience. I felt confident in my responses, but I could have prepared more real-world examples to strengthen my answers. For future candidates, I’d recommend focusing on practical applications of risk analysis and staying calm during the interview.

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Company Name: American Express

Position: Analyst - Market Risk Management (Summer Intern)

Application Process: Applied for the summer intern position through the company’s recruitment portal. The recruiters were very friendly and communicative throughout the process.

Interview Rounds:

  • Round 1 - Behavioral Interview:

    • Questions Asked:
      • Tell me about yourself.
      • Describe a time you worked in a team.
      • How do you handle tight deadlines?
    • Your Approach: Answered honestly, focusing on past experiences and how they relate to the role.
    • Outcome: Passed to the next round.

  • Round 2 - Technical Interview 1:

    • Questions Asked:
      • A real business problem related to market risk.
      • A logic puzzle to test analytical thinking.
    • Your Approach: Broke down the business problem into smaller parts and used logical reasoning for the puzzle.
    • Outcome: Advanced to the final round.

  • Round 3 - Technical Interview 2:

    • Questions Asked:
      • An algorithm problem to solve.
      • Follow-up questions on the approach taken.
    • Your Approach: Explained the thought process clearly and optimized the solution where possible.
    • Outcome: Successfully cleared the round.

Preparation Tips:

  • Practice behavioral questions using the STAR method.
  • Brush up on basic algorithms and logic puzzles.
  • Research real-world business problems related to market risk.

Conclusion:
Overall, the interview experience was positive. The recruiters were supportive, and the questions were challenging but fair. I could have prepared more for the logic puzzles, but the experience was a great learning opportunity. Future candidates should focus on both technical and behavioral aspects to ace the interviews.

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Company Name: American Express

Position: Analyst - Market Risk Management

Application Process: Applied through the company’s career portal after seeing the job posting online.

Interview Rounds:

  • Round 1 - Case Study:

    • Questions Asked: Presented with a market risk scenario and asked to analyze potential risks and mitigation strategies.
    • Your Approach: Broke down the scenario into key risk factors, applied basic risk management principles, and proposed actionable solutions.
    • Outcome: Successfully advanced to the next round.

  • Round 2 - Technical and Competency Interview:

    • Questions Asked: Covered competency-based questions (e.g., teamwork, problem-solving) and technical questions on credit risk principles (e.g., default probability, exposure at default).
    • Your Approach: Used the STAR method for competency questions and drew on academic knowledge for technical aspects.
    • Outcome: Received positive feedback and moved to the final round.

  • Round 3 - Director Interview:

    • Questions Asked: Focused on behavioral questions (e.g., handling stress, decision-making under uncertainty) and deeper discussions on market risk management.
    • Your Approach: Stayed calm, provided structured answers, and linked experiences to the role’s requirements.
    • Outcome: Offered the position after this round.

Preparation Tips:

  • Reviewed market risk concepts and case studies from academic materials.
  • Practiced the STAR method for behavioral questions.
  • Stayed updated on current market trends to discuss real-world applications.

Conclusion:
Overall, the interview process was thorough but fair. The case study round was challenging but rewarding. I could have prepared more on recent market events to add depth to my answers. For future candidates, focus on both technical and behavioral aspects, and don’t underestimate the importance of real-world examples in your responses.

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Company Name: American Express

Position: Analyst - Market Risk Management

Application Process: I applied via LinkedIn and was interviewed before October 2022.

Interview Rounds:

  • Round 1 - Resume Shortlist:

  • Questions Asked: No specific questions were asked in this round.

  • Your Approach: I ensured my resume was concise, relevant, and free of unnecessary details like photos or personal information.

  • Outcome: My resume was shortlisted for the next round.

  • Round 2 - One-on-One Round:

  • Questions Asked:

    1. Walk me through your resume.
    2. Why did you apply for this role?

  • Your Approach: I prepared a clear and structured summary of my resume, highlighting key experiences relevant to the role. For the second question, I focused on aligning my skills and interests with the responsibilities of the position.

  • Outcome: The interview went well, and I received positive feedback.

Preparation Tips:

  • Be humble and candid during the interview.
  • Ensure your resume is tailored to the role and free of irrelevant details.
  • Practice summarizing your resume and explaining your motivation for applying.

Conclusion:
Overall, the interview process was smooth and professional. Being well-prepared and authentic in my responses helped me perform well. For future candidates, I’d recommend focusing on clarity and relevance in both your resume and interview answers.

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Company Name: American Express

Position: Analyst - Market Risk Management

Application Process: Applied via the company website before April 2023.

Interview Rounds:

  • Round 1 - Technical Round:
    • Questions Asked:
      • About financial ratios related to leverage ratio and cash flow activity.
    • Your Approach: Focused on explaining the concepts clearly and providing practical examples to demonstrate understanding.
    • Outcome: Successfully cleared the round.

Preparation Tips:

  • Ensure a strong grasp of advanced financial concepts.
  • Be prepared to work flexible hours, as the role may require it.

Conclusion:
The interview was straightforward but required a deep understanding of financial ratios and risk management. Practicing real-world applications of these concepts helped me perform well. For future candidates, I recommend brushing up on financial analysis and being adaptable to dynamic work environments.

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Company Name: American Express

Position: Analyst - Market Risk Management

Location: [Location not specified]

Application Process: [Application process details not provided]

Interview Rounds:

  • Round 1 - One-on-one Interview:

  • Questions Asked:

    1. Tell about your experience.
    2. Tell about your family background.

  • Your Approach:

    • For the first question, I highlighted my relevant academic and internship experiences, focusing on skills that align with the role.
    • For the second question, I kept it concise and professional, mentioning my family’s support for my career aspirations.

  • Outcome: [Outcome not specified]

Useful Resources:

  • Societe Generale Global Solution Centre Risk and Compliance Analyst Fresher Interview Questions
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Company Name: American Express

Position: Analyst - Market Risk Management

Application Process: Applied through the company’s career portal.

Interview Rounds:

  • Round 1 - HR Phone Screen:

    • Questions Asked: General questions about my background, interest in the role, and fit for the company culture.
    • Your Approach: Kept my answers concise and aligned them with the job description and company values.
    • Outcome: Passed to the next round.

  • Round 2 - Senior Manager Interview:

    • Questions Asked: Mostly situational questions about handling risk scenarios, teamwork, and problem-solving.
    • Your Approach: Used the STAR method to structure my answers and provided real-life examples where possible.
    • Outcome: Advanced to the next round.

  • Round 3 - Senior Manager Interview:

    • Questions Asked: Very similar to Round 2, with additional focus on technical aspects of market risk.
    • Your Approach: Again used the STAR method and tried to differentiate my answers by adding more technical details.
    • Outcome: Moved forward to the final round.

  • Round 4 - VP Head Interview:

    • Questions Asked: More conversational, focusing on my long-term goals, cultural fit, and overall motivation for the role.
    • Your Approach: Stayed relaxed and honest, emphasizing my enthusiasm for the role and alignment with the company’s mission.
    • Outcome: Received a positive response and moved forward in the hiring process.

Preparation Tips:

  • Practice situational questions using the STAR method.
  • Brush up on technical aspects of market risk management, especially scenarios relevant to the role.
  • Research the company culture and values to align your answers.

Conclusion:
Overall, the interview process was thorough but fair. The situational rounds were intense, so I’d recommend preparing thoroughly for those. Combining the two Senior Manager rounds into one might have saved time, but it was still a great learning experience. My advice is to stay calm, be yourself, and ensure your answers reflect both your skills and cultural fit.

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Company Name: American Express

Position: Analyst - Market Risk Management

Application Process: I applied through the company website and was interviewed before March 2023.

Interview Rounds:

  • Round 1 - Technical Round:
    • Questions Asked:
      • Questions related to the inherent risk in products like bonds, structured products, etc.
    • Your Approach: I focused on explaining the key risks associated with each product type, using examples and theoretical frameworks to support my answers. I also highlighted my understanding of market dynamics and how they impact risk assessment.
    • Outcome: The round went well, and I was able to demonstrate my knowledge effectively.

Preparation Tips:

  • Brush up on financial products and their associated risks.
  • Understand market risk concepts and how they apply to real-world scenarios.
  • Practice explaining complex topics in simple terms.

Conclusion:
Overall, the interview was a great learning experience. I felt prepared, but I could have delved deeper into case studies to provide more concrete examples. For future candidates, I’d recommend focusing on both theoretical and practical aspects of market risk management.

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Company Name: American Express

Position: Analyst - Market Risk Management

Location: [Location not specified]

Application Process: [Details not provided]

Interview Rounds:

  • Round 1 - One-on-one Interview:
    • Questions Asked:
      1. Tell me about yourself?
      2. Tell me about different classes of assets.
    • Your Approach:
      • For the first question, I briefly summarized my educational background, relevant coursework, and any prior experience related to risk management or finance. I also highlighted my interest in market risk and why I was excited about the role.
      • For the second question, I explained the major classes of assets (equities, fixed income, commodities, and derivatives) and provided examples of each. I also touched on how these assets are relevant in market risk management.
    • Outcome: [Result not specified]

Preparation Tips:

  • Brush up on basic finance concepts, especially asset classes and their characteristics.
  • Practice structuring your “Tell me about yourself” response to align with the role.
  • Review any coursework or projects related to risk management or financial markets.

Conclusion:
The interview was straightforward, focusing on foundational knowledge and personal fit. I felt confident in my responses, but I could have delved deeper into specific examples of how asset classes impact risk. For future candidates, I’d recommend being concise yet detailed in your answers and showing enthusiasm for the role.

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Company Name: American Express

Position: Analyst - Market Risk Management

Location: Pune

Application Process: Applied via campus placement at Pune Institute of Business Management, Pune, in October 2022.

Interview Rounds:

  • Round 1 - Resume Shortlist:

  • Questions Asked: N/A (Resume screening)

  • Your Approach: Ensured the resume was well-formatted and aligned to highlight relevant skills and experiences.

  • Outcome: Passed to the next round.

  • Round 2 - Aptitude Test:

  • Questions Asked: 30-minute MCQ test based on the 5C’s of credit and banking knowledge.

  • Your Approach: Reviewed basic banking and credit concepts beforehand.

  • Outcome: Cleared the test.

  • Round 3 - Group Discussion:

  • Questions Asked: N/A (General discussion topic)

  • Your Approach: Spoke confidently, backed points with facts, and actively participated.

  • Outcome: Advanced to the next round.

  • Round 4 - Technical Round:

  • Questions Asked:

    1. Introduction.
    2. Numerical problems to solve.

  • Your Approach: Prepared a concise introduction and practiced numerical problem-solving beforehand.

  • Outcome: Successfully cleared the round.

Preparation Tips:

  • Be confident and well-prepared.
  • Practice mock personal interviews before the actual one.
  • Brush up on banking and credit concepts for aptitude tests.

Conclusion:
Overall, the interview process was smooth and well-structured. Being confident and thorough with the basics helped me perform well. For future candidates, I’d recommend practicing mock interviews and staying updated with relevant industry knowledge. All the best!

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Company Name: American Express

Position: Analyst - Market Risk Management

Application Process: The application process began with a resume shortlist round. I submitted my resume through the company’s portal, and it was reviewed for suitability for the role.

Interview Rounds:

  • Round 1 - Resume Shortlist:

    • Questions Asked:
      • The recruiter reviewed my resume for accuracy, relevance, and communication skills.
    • Your Approach:
      • I ensured my resume was well-structured, free of spelling mistakes, and highlighted my relevant skills and experiences.
    • Outcome:
      • My resume was shortlisted, and I moved on to the next round.

  • Round 2 - Technical Round:

    • Questions Asked:
      • “Tell me about yourself.”
    • Your Approach:
      • I provided a concise overview of my background, focusing on my education, relevant skills, and why I was interested in the role at American Express.
    • Outcome:
      • The interviewer seemed engaged, and I felt confident about my response.

Preparation Tips:

  • Double-check your resume for any spelling or grammatical errors. A well-polished resume reflects professionalism and attention to detail.
  • Prepare a clear and concise “Tell me about yourself” response that aligns with the role you’re applying for.

Conclusion:
Overall, the interview process was smooth and professional. American Express seems like a great place to work, and I would recommend future candidates to focus on presenting themselves clearly and confidently during the interview.

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Company Name: American Express

Position: Analyst - Market Risk Management

Application Process: I was approached by the company and interviewed in January 2023.

Interview Rounds:

  • Round 1 - Resume Shortlist:

    • Outcome: My resume was shortlisted based on its relevance and clarity.

  • Round 2 - Technical Round:

    • Questions Asked:
      1. Risk management process?
      2. Audit frameworks and standards you have worked with?
    • Your Approach: I explained the risk management process step-by-step and highlighted my experience with specific audit frameworks.
    • Outcome: Successfully cleared this round.

  • Round 3 - Technical Round:

    • Questions Asked:
      1. Project and audit experience?
      2. Cloud risk assessments?
    • Your Approach: I discussed my hands-on experience with audits and cloud risk assessments, providing examples from past projects.
    • Outcome: Advanced to the next round.

  • Round 4 - Techno Functional Round:

    • Questions Asked:
      1. Current roles and responsibilities?
      2. Any project experience in BFSI?
      3. What were the reasons for your previous job changes?
    • Your Approach: I detailed my current role, emphasized my BFSI project experience, and gave honest reasons for my job changes.
    • Outcome: Cleared this round.

  • Round 5 - Techno Functional Round:

    • Questions Asked:
      1. Why are you changing jobs?
      2. Experience in doing audit, reporting, and documentation?
      3. Family and background?
    • Your Approach: I focused on my career growth aspirations, elaborated on my audit and reporting skills, and briefly shared my background.
    • Outcome: Moved to the final round.

  • Round 6 - HR Round:

    • Questions Asked:
      1. Compensation and expected benefits?
      2. What are monetary expectations?
      3. Why are you leaving your current firm?
    • Your Approach: I was transparent about my expectations and explained my reasons for leaving my current job professionally.
    • Outcome: Received a positive response.

Preparation Tips:

  • Focus on risk management, internal audit, cloud security, and compliance topics.
  • Frame answers around your strong areas, especially in the BFSI sector.
  • Use real-life examples to back up your responses.
  • Stay patient and confident throughout the process.

Conclusion:
Overall, the interview process was thorough and focused on both technical and functional aspects. I felt well-prepared, but I could have practiced more on articulating my job-change reasons. My advice to future candidates is to stay relevant to the role and sector, and always back your answers with strong examples.

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Company Name: American Express

Position: Analyst - Market Risk Management

Application Process: The application process involved four rounds of interviews.

Interview Rounds:

  • Round 1 - HR Phone Screen:

    • Questions Asked: General questions about my background, interest in the role, and fit for the company culture.
    • Your Approach: I kept my answers concise and focused on aligning my skills and experiences with the role.
    • Outcome: Passed to the next round.

  • Round 2 - Senior Manager Interview:

    • Questions Asked: Mostly situational questions, such as “Describe a time you handled a high-pressure situation” and “How do you prioritize tasks when managing multiple deadlines?”
    • Your Approach: I used the STAR method to structure my answers, providing clear examples from past experiences.
    • Outcome: Passed to the next round.

  • Round 3 - Senior Manager Interview:

    • Questions Asked: Very similar to Round 2, with additional situational questions like “How do you handle conflicts within a team?”
    • Your Approach: Again, I relied on the STAR method and tried to highlight different examples to avoid repetition.
    • Outcome: Passed to the next round.

  • Round 4 - VP Head Interview:

    • Questions Asked: More relaxed, focusing on cultural fit, long-term career goals, and why I wanted to join the team.
    • Your Approach: I emphasized my enthusiasm for the role and how my values aligned with the company’s mission.
    • Outcome: Successfully cleared the final round.

Preparation Tips:

  • Practice the STAR method for situational questions.
  • Research the company culture and values to align your answers.
  • Prepare multiple examples for common situational questions to avoid repetition.

Conclusion:
Overall, the interview process was thorough but fair. The situational questions were challenging, but preparing with the STAR method helped. If I could do anything differently, I would suggest combining the two Senior Manager rounds to streamline the process. For future candidates, focus on clear, structured answers and ensure you have a variety of examples ready for situational questions.

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Company Name: American Express

Position: Analyst - Market Risk Management

Application Process: Approached by the company and interviewed in January 2023.

Interview Rounds:

  • Round 1 - Resume Shortlist:

    • Details: The initial round involved a resume review to ensure alignment with the role’s requirements.
    • Outcome: Shortlisted for further rounds.

  • Round 2 - Technical Round:

    • Questions Asked:
      • Can you explain the risk management process?
      • What audit frameworks and standards have you worked with?
    • Your Approach: I structured my answers around my practical experience, highlighting key frameworks like ISO 27001 and COSO.
    • Outcome: Advanced to the next round.

  • Round 3 - Technical Round:

    • Questions Asked:
      • Can you describe your project and audit experience?
      • Have you conducted cloud risk assessments?
    • Your Approach: I provided specific examples from my past projects, emphasizing my hands-on experience with cloud security assessments.
    • Outcome: Cleared this round successfully.

  • Round 4 - Techno Functional Round:

    • Questions Asked:
      • What are your current roles and responsibilities?
      • Do you have any project experience in the BFSI sector?
      • What were the reasons for your previous job changes?
    • Your Approach: I focused on my contributions in my current role and linked my BFSI experience to the job requirements. For job changes, I kept my answers professional and growth-oriented.
    • Outcome: Moved to the next stage.

  • Round 5 - Techno Functional Round:

    • Questions Asked:
      • Why are you changing jobs?
      • Can you share your experience in audit, reporting, and documentation?
      • Tell us about your family and background.
    • Your Approach: I reiterated my career goals for the job change and provided detailed examples of my audit and reporting work. For the personal question, I kept it concise and relevant.
    • Outcome: Progressed to the HR round.

  • Round 6 - HR Round:

    • Questions Asked:
      • What are your compensation and expected benefits?
      • What are your monetary expectations?
      • Why are you leaving your current firm?
    • Your Approach: I was transparent about my expectations while remaining flexible. For the exit reason, I highlighted my desire for growth and new challenges.
    • Outcome: Final selection.

Preparation Tips:

  • Focus on risk management, internal audit, cloud security, and compliance topics.
  • Frame your answers around your strong areas, especially in the BFSI sector.
  • Use real-life examples to substantiate your responses.
  • Stay confident and back your answers with strong reasoning.

Conclusion:
The interview process was thorough and tested both technical and functional knowledge. What worked well was my ability to provide concrete examples and stay relevant to the role. For future candidates, I’d advise thorough preparation on risk management and audit frameworks, along with clarity on career goals.

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Company Name: American Express

Position: Analyst - Market Risk Management

Application Process: I was approached by the company and interviewed in January 2023.

Interview Rounds:

  • Round 1 - Resume Shortlist:

    • Outcome: My resume was shortlisted for further rounds.

  • Round 2 - Technical Round:

    • Questions Asked:
      1. Can you explain the risk management process?
      2. Which audit frameworks and standards have you worked with?
    • Your Approach: I explained the risk management process step-by-step and highlighted my experience with specific audit frameworks like ISO 27001 and COBIT.
    • Outcome: I passed this round.

  • Round 3 - Technical Round:

    • Questions Asked:
      1. Can you describe your project and audit experience?
      2. Have you conducted cloud risk assessments?
    • Your Approach: I shared details of my past projects, focusing on audits and risk assessments, and discussed my experience with cloud security evaluations.
    • Outcome: I advanced to the next round.

  • Round 4 - Techno Functional Round:

    • Questions Asked:
      1. What are your current roles and responsibilities?
      2. Do you have any project experience in the BFSI sector?
      3. What were the reasons for your previous job changes?
    • Your Approach: I outlined my current responsibilities, provided examples of BFSI projects, and explained my career transitions professionally.
    • Outcome: I moved forward in the process.

  • Round 5 - Techno Functional Round:

    • Questions Asked:
      1. Why are you changing jobs?
      2. Can you describe your experience in audit, reporting, and documentation?
      3. Tell us about your family and background.
    • Your Approach: I emphasized my career growth goals, detailed my audit and reporting skills, and briefly shared my background.
    • Outcome: I cleared this round.

  • Round 6 - HR Round:

    • Questions Asked:
      1. What are your compensation and expected benefits?
      2. What are your monetary expectations?
      3. Why are you leaving your current firm?
    • Your Approach: I discussed my salary expectations transparently and explained my reasons for seeking new opportunities.
    • Outcome: The round went well, and I received positive feedback.

Preparation Tips:

  • Focus on risk management, internal audit, cloud security, and compliance topics.
  • Frame your answers around your strong areas, especially if they relate to the BFSI sector.
  • Use examples from your experience to back up your answers.
  • Stay patient and confident during the interview.

Conclusion:
Overall, the interview process was thorough and engaging. I felt well-prepared, but I could have researched more about American Express’s specific risk management practices. My advice to future candidates is to stay relevant to the role, be confident in your answers, and always provide concrete examples to support your points.

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Company Name: American Express

Position: Analyst - Market Risk Management

Location: [Not specified]

Application Process: I was approached by the company for this role and interviewed in January 2023.

Interview Rounds:

  • Round 1 - Resume Shortlist:

    • Questions Asked: None (resume review).
    • Your Approach: Ensured my resume was crisp and highlighted relevant experience in risk management and audit.
    • Outcome: Shortlisted for further rounds.

  • Round 2 - Technical Round:

    • Questions Asked:
      1. Can you explain the risk management process?
      2. Which audit frameworks and standards have you worked with?
    • Your Approach: Provided a structured answer for the risk management process and listed the frameworks I was familiar with, giving examples.
    • Outcome: Advanced to the next round.

  • Round 3 - Technical Round:

    • Questions Asked:
      1. Can you describe your project and audit experience?
      2. Have you conducted cloud risk assessments?
    • Your Approach: Shared specific project details and my role in audits. For cloud risk assessments, I discussed my exposure to the topic.
    • Outcome: Progressed to the next stage.

  • Round 4 - Techno Functional Round:

    • Questions Asked:
      1. What are your current roles and responsibilities?
      2. Do you have any project experience in the BFSI sector?
      3. What were the reasons for your previous job changes?
    • Your Approach: Clearly outlined my current role, linked my experience to BFSI, and gave honest reasons for job changes.
    • Outcome: Moved forward.

  • Round 5 - Techno Functional Round:

    • Questions Asked:
      1. Why are you changing jobs?
      2. What is your experience in audit, reporting, and documentation?
      3. Can you tell us about your family and background?
    • Your Approach: Focused on career growth for the first question, detailed my audit experience, and kept the personal background brief.
    • Outcome: Advanced to the HR round.

  • Round 6 - HR Round:

    • Questions Asked:
      1. What are your compensation and expected benefits?
      2. What are your monetary expectations?
      3. Why are you leaving your current firm?
    • Your Approach: Discussed compensation expectations professionally and gave a positive reason for leaving my current role.
    • Outcome: Awaiting final results.

Preparation Tips:

  • Focus on risk management, internal audit, cloud, cybersecurity, reporting, and compliance topics.
  • Frame answers around your strong areas and stay relevant to the BFSI sector.
  • Use examples to support your answers and believe in your experience.

Conclusion:
Overall, the interview process was thorough and focused on both technical and functional aspects. I felt confident discussing my experience, but I could have prepared more specific examples for cloud risk assessments. My advice to future candidates is to stay patient, be clear about your expectations, and back your answers with strong examples.

19

Company Name: American Express

Position: Analyst - Market Risk Management

Location: [Location not specified]

Application Process: I was approached by the company for this role and interviewed in January 2023.

Interview Rounds:

  • Round 1 - Resume Shortlist:

  • Questions Asked: N/A (Resume screening round)

  • Your Approach: Ensured my resume was crisp and highlighted relevant experience in risk management and audit frameworks.

  • Outcome: Shortlisted for further rounds.

  • Round 2 - Technical Round:

  • Questions Asked:

    1. Can you explain the risk management process?
    2. Which audit frameworks and standards have you worked with?

  • Your Approach: Answered with structured steps for risk management and listed specific frameworks like ISO 27001 and COSO.

  • Outcome: Advanced to the next round.

  • Round 3 - Technical Round:

  • Questions Asked:

    1. Describe your project and audit experience.
    2. Have you conducted cloud risk assessments?

  • Your Approach: Shared detailed examples of past projects and explained my role in cloud risk assessments.

  • Outcome: Moved forward in the process.

  • Round 4 - Techno Functional Round:

  • Questions Asked:

    1. What are your current roles and responsibilities?
    2. Do you have any project experience in the BFSI sector?
    3. What were the reasons for your previous job changes?

  • Your Approach: Highlighted my current duties, BFSI projects, and provided honest reasons for job transitions.

  • Outcome: Progressed to the next stage.

  • Round 5 - Techno Functional Round:

  • Questions Asked:

    1. Why are you changing jobs now?
    2. Describe your experience in audit, reporting, and documentation.
    3. Tell us about your family and background.

  • Your Approach: Explained my career goals, detailed my audit experience, and briefly shared personal background.

  • Outcome: Advanced to the HR round.

  • Round 6 - HR Round:

  • Questions Asked:

    1. What are your compensation and expected benefits?
    2. What are your monetary expectations?
    3. Why are you leaving your current firm?

  • Your Approach: Discussed salary expectations transparently and provided a professional reason for leaving my current role.

  • Outcome: Awaiting final decision.

Preparation Tips:

  • Focus on topics like Risk Management, Internal Audit, Cloud, Cyber Security, Reporting, Compliance, and Information Security.
  • Stay patient and frame answers around your strong areas, especially relevant to the BFSI sector.
  • Use examples to back up your responses and believe in what you’re presenting.

Conclusion:
Overall, the interview process was thorough and focused on both technical and functional aspects of the role. I felt well-prepared for the technical rounds but could have practiced more for the HR questions. My advice to future candidates is to be clear about your experiences and confident in your answers. Stay relevant to the industry and always back up your claims with examples.