Ernst Young Rist Analyst Interview Questions & Experience Guide

Interview Preparation
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Ernst Young Rist Analyst Interview Questions & Experience Guide

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Company Name: Ernst & Young

Position: Risk Analyst

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

Interview Rounds:

  • Round 1 - One-on-One Interview:
    • Questions Asked:
      • Can you explain the risk framework life cycle?
    • Your Approach: I structured my answer by breaking down the risk framework life cycle into its key phases: identification, assessment, mitigation, monitoring, and reporting. I provided examples from my coursework to illustrate each phase.
    • Outcome: Passed the round and moved forward in the process.

Preparation Tips:

  • Reviewed PwC Risk Analyst interview questions to get an idea of the topics covered.
  • Focused on understanding the risk management lifecycle and its practical applications.

Conclusion:
The interview was straightforward, and the interviewer was friendly. I felt confident about my answer, but I could have added more real-world examples to make it stronger. For future candidates, I’d recommend practicing explaining concepts clearly and concisely.

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Company Name: Ernst & Young

Position: Risk Analyst

Application Process: I applied through a recruitment consultant and was interviewed in August 2023.

Interview Rounds:

  • Round 1 - Case Study Round:

    • Questions Asked: Case study on how to increase the penetration of a global electronic manufacturer. The interviewer provided a lot of data and charts.
    • Your Approach: I analyzed the data thoroughly, identified key trends, and proposed actionable strategies to enhance market penetration. I focused on leveraging the company’s strengths and addressing potential challenges.
    • Outcome: Passed this round and moved to the next stage.

  • Round 2 - One-on-One Round:

    • Questions Asked: Behavioral question: “Tell me about a situation where you managed ambiguity?”
    • Your Approach: I shared a specific example from my past experience where I had to navigate uncertainty. I explained the steps I took to gather information, make informed decisions, and communicate effectively with stakeholders.
    • Outcome: Successfully answered the question and advanced in the process.

Conclusion:
Overall, the interview process was structured and insightful. The case study round tested my analytical and problem-solving skills, while the behavioral round assessed my ability to handle ambiguity. Preparing with real-world examples and practicing case studies beforehand was very helpful. For future candidates, I’d recommend focusing on both technical and behavioral aspects to ensure a well-rounded performance.

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Company Name: Ernst & Young

Position: Risk Analyst

Location: [Not specified]

Application Process: I applied through campus placement and was interviewed in November 2020.

Interview Rounds:

  • Round 1 - Technical Interview:

    • Questions Asked:
      1. What do you know about the automotive industry?
      2. Tell me about a time when you were innovative and it brought a positive outcome.
      3. What do you understand by Internal Audit?
    • Your Approach: I researched the automotive industry beforehand and highlighted my understanding of its key trends and challenges. For the innovation question, I shared a project where I introduced a new process that improved efficiency. For Internal Audit, I explained its purpose and importance in risk management.
    • Outcome: I passed this round and moved to the next stage.

  • Round 2 - HR Interview:

    • Questions Asked: [Details not provided]
    • Your Approach: [Details not provided]
    • Outcome: [Details not provided]

  • Round 3 - [Round Type Not Specified]:

    • Questions Asked: [Details not provided]
    • Your Approach: [Details not provided]
    • Outcome: [Details not provided]

Preparation Tips:

  • Be well-versed with the automotive industry, as the team primarily handles projects related to it.
  • Brush up on key concepts like Internal Audit and risk management.
  • Prepare examples of innovation and problem-solving from your past experiences.

Conclusion:
The interview process was structured, and the technical round was quite detailed. Researching the automotive industry beforehand helped me a lot. For future candidates, I’d recommend focusing on industry-specific knowledge and being ready with concrete examples of innovation and teamwork.

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Company Name: Ernst & Young

Position: Risk Analyst

Location: Mumbai

Application Process: Applied via campus placement at Ramniranjan Anandilal Podar College of Commerce & Economics, Mumbai, in October 2022.

Interview Rounds:

  • Round 1 - Resume Shortlist:

  • Questions Asked: N/A (Resume screening)

  • Your Approach: Ensured my resume was crisp and highlighted relevant skills and experiences.

  • Outcome: Shortlisted for the next round.

  • Round 2 - Aptitude Test:

  • Questions Asked: Basic maths, English, and business ethics-related questions (total of 36 questions).

  • Your Approach: Prepared by revising basic quantitative and verbal skills, along with general business ethics principles.

  • Outcome: Cleared the test and moved to the next round.

  • Round 3 - One-on-one Interview:

  • Questions Asked:

    1. Basic accounting questions.
    2. Questions related to what was mentioned in my resume.
    3. My strengths and weaknesses.

  • Your Approach:

    • For accounting questions, relied on foundational knowledge.
    • For resume-related questions, ensured I could explain every point clearly.
    • For strengths and weaknesses, kept answers honest and aligned with the role.

  • Outcome: Successfully cleared the interview.

Preparation Tips:

  • Go through your resume thoroughly and be prepared to explain every point.
  • Have a clear understanding of your strengths and weaknesses.
  • Review the job description to align your answers with the role’s requirements.

Conclusion:
The overall experience was smooth and well-structured. Being thorough with my resume and preparing for basic aptitude questions helped a lot. For future candidates, I’d advise focusing on clarity and confidence in your responses, especially in the one-on-one round.

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Company Name: Ernst & Young

Position: Risk Analyst

Location: [Not specified]

Application Process: I applied through a referral and was interviewed in March 2023.

Interview Rounds:

  • Round 1 - Resume Shortlist:

    • Questions Asked: No specific questions were asked in this round. The focus was on reviewing my resume.
    • Your Approach: I ensured my resume was concise, well-structured, and highlighted relevant skills and experiences.
    • Outcome: My resume was shortlisted, and I moved to the next round.

  • Round 2 - Technical Round:

    • Questions Asked:
      1. Finance-related question (specific details not provided).
      2. “Tell me about yourself.”
    • Your Approach: For the finance question, I relied on my foundational knowledge and tried to structure my answer logically. For the “Tell me about yourself” question, I kept my response concise, focusing on my background, skills, and why I was interested in the role.
    • Outcome: The round went well, and I received positive feedback.

Preparation Tips:

  • Be confident and clear about your basics.
  • Practice fluency in your responses to ensure clarity and coherence.

Conclusion:
Overall, the interview process was smooth, and I felt well-prepared. I would advise future candidates to focus on their resume presentation and brush up on technical fundamentals relevant to the role. Confidence and clarity in communication can make a significant difference.

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Company Name: Ernst & Young

Position: Risk Analyst

Application Process: I applied through a recruitment consultant and was interviewed before May 2023.

Interview Rounds:

  • Round 1 - Coding Test:

    • Questions Asked: Python and SQL, verbal reasoning, and numerical aptitude.
    • Your Approach: I focused on brushing up my Python and SQL skills beforehand and practiced numerical and verbal reasoning questions to ensure I was comfortable with the format.
    • Outcome: Passed this round and moved to the next stage.

  • Round 2 - Case Study:

    • Questions Asked: A case study on product launch and strategies.
    • Your Approach: I analyzed the case thoroughly, structured my thoughts clearly, and presented a logical strategy for the product launch. I also ensured I communicated my reasoning effectively.
    • Outcome: Successfully cleared this round.

Preparation Tips:

  • Practice case studies extensively, especially for roles like Risk Analyst at Ernst & Young. They often test your analytical and strategic thinking.
  • Brush up on Python and SQL if the role involves technical assessments.
  • Work on numerical and verbal reasoning to ace aptitude tests.

Conclusion:
Overall, the interview process was smooth and well-structured. The case study round was particularly challenging but rewarding. I’d advise future candidates to focus on case study preparation and ensure they’re comfortable with both technical and analytical aspects of the role.

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Company Name: Ernst & Young (EY)

Position: Risk Analyst

Application Process: The application process began with a resume shortlist, followed by an aptitude test, an HR round, and a technical round. The process was thorough and tested both technical and soft skills.

Interview Rounds:

  • Round 1 - Resume Shortlist:

    • Details: The first round was a resume screening. Proper alignment and formatting of the resume were crucial, as recruiters spend limited time reviewing each application.
    • Outcome: Successfully cleared this round.

  • Round 2 - Aptitude Test:

    • Details: The AMCAT test covered a wide range of topics, including quantitative aptitude, logical reasoning, and verbal ability.
    • Outcome: Cleared the test and moved to the next round.

  • Round 3 - HR Round:

    • Questions Asked:
      • Technical questions related to HR and finance.
    • Outcome: Advanced to the final round.

  • Round 4 - Technical Round:

    • Questions Asked:
      • Advanced technical questions relevant to the Risk Analyst role.
    • Outcome: Final evaluation for the role.

Preparation Tips:

  • Focus on resume formatting and clarity to pass the initial screening.
  • Prepare thoroughly for aptitude tests, covering all sections like quantitative, logical, and verbal.
  • Brush up on technical knowledge related to HR, finance, and risk analysis for the later rounds.

Conclusion:
The interview process at EY for the Risk Analyst role was comprehensive, testing both technical and soft skills. Proper preparation and a well-structured resume were key to clearing the initial rounds. For future candidates, focusing on aptitude and technical knowledge will be beneficial.

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Company Name: Ernst & Young

Position: Risk Analyst

Location: [Location not specified]

Application Process: I applied via a referral and was interviewed in June 2022.

Interview Rounds:

  • Round 1 - Resume Shortlist Round:

  • Questions Asked: None (resume-based shortlisting)

  • Your Approach: Ensured my resume was polished and free of errors, highlighting relevant skills and experiences.

  • Outcome: Successfully shortlisted for the next round.

  • Round 2 - Technical Round:

  • Questions Asked:

    1. SOC-related and Networking concepts.
    2. Basic SIEM solutions.

  • Your Approach: Focused on explaining networking concepts clearly and discussed real-world scenarios related to SOC. For SIEM, I highlighted my understanding of basic solutions and their applications.

  • Outcome: Cleared the round with positive feedback.

Preparation Tips:

  • Go through Networking concepts thoroughly and focus on scenarios that impact organizations.
  • Familiarize yourself with basic SIEM solutions and their functionalities.

Conclusion:
Overall, the interview process was smooth, and the questions were aligned with the role’s requirements. I would advise future candidates to ensure their resumes are error-free and to focus on practical applications of technical concepts during the interview.

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Company Name: Ernst & Young

Position: Risk Analyst

Application Process: Applied via campus placement before January 2023.

Interview Rounds:

  • Round 1 - Aptitude Test:

    • Questions Asked: Psychometric and aptitude test questions.
    • Your Approach: Focused on logical reasoning and quantitative aptitude.
    • Outcome: Cleared the round successfully.

  • Round 2 - Group Discussion:

    • Questions Asked: General topics like cloud computing were discussed.
    • Your Approach: Actively participated, shared relevant points, and listened to others.
    • Outcome: Performed well and moved to the next round.

  • Round 3 - One-on-one Round:

    • Questions Asked:
      1. Tell us something about yourself.
      2. Questions from my CV.
      3. Follow-up questions on the GD topic (cloud computing).
    • Your Approach: Prepared a concise introduction, reviewed my CV thoroughly, and brushed up on cloud computing basics.
    • Outcome: Answered confidently and advanced further in the process.

Preparation Tips:

  • Must have good communication skills.
  • Strong hold on Microsoft Excel, PowerPoint, and analytical skills.
  • Practice logical reasoning and quantitative aptitude for the aptitude test.
  • Stay updated on general topics for group discussions.

Conclusion:
Overall, the interview process was smooth and well-structured. The key to success was thorough preparation, especially in technical and analytical areas. Future candidates should focus on their CV details and be ready to discuss any topic confidently.