Natwest Group Risk Analyst Interview Questions & Experience Guide

Interview Preparation
,
1

Natwest Group Risk Analyst Interview Questions & Experience Guide

2

Company Name: Natwest Group

Position: Risk Analyst

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

Interview Rounds:

  • Round 1 - Technical Round:
    • Questions Asked:
      1. Related to Financial statements.
      2. Related to Derivative instruments.
      3. Related to different types of Risk.
    • Your Approach: I prepared by revising key concepts in financial statements, derivatives, and risk management. I also practiced explaining these topics clearly and concisely.
    • Outcome: I successfully answered the questions and moved forward in the process.

Preparation Tips:

  • Keep applying for jobs through LinkedIn and career portals.
  • Try to make contacts on LinkedIn for referrals and networking.
  • Focus on understanding financial statements, derivatives, and risk management concepts thoroughly.

Conclusion:
Overall, the interview was a great learning experience. I realized the importance of networking and staying updated with industry-relevant knowledge. For future candidates, I’d recommend building a strong foundation in financial and risk-related topics and leveraging professional networks for opportunities.

3

Company Name: Natwest Group

Position: Risk Analyst

Location: [Not specified]

Application Process: Applied via campus placement in September 2022.

Interview Rounds:

  • Round 1 - Resume Shortlist:

    • Questions Asked: Resume screening to shortlist candidates.
    • Your Approach: Ensured my resume was well-formatted and aligned to highlight relevant skills and experiences.
    • Outcome: Successfully shortlisted for the next round.

  • Round 2 - Aptitude Test:

    • Questions Asked: Basic questions on statistics, hypothesis testing, and quantitative topics.
    • Your Approach: Revised fundamental statistical concepts and practiced quantitative problems beforehand.
    • Outcome: Cleared the aptitude test.

  • Round 3 - Group Discussion:

    • Questions Asked: A topic was given, and candidates had to speak within the allotted time.
    • Your Approach: Stayed calm, listened actively, and contributed relevant points clearly and concisely.
    • Outcome: Advanced to the next round.

  • Round 4 - Technical Round:

    • Questions Asked: Basic banking-related questions and detailed discussion on my resume.
    • Your Approach: Prepared thoroughly on banking norms and ensured I could explain every point on my resume confidently.
    • Outcome: Progressed to the final round.

  • Round 5 - Technical + HR Round:

    • Questions Asked: Combined technical and HR questions.
    • Your Approach: Balanced technical knowledge with clear communication and honesty in HR-related answers.
    • Outcome: Successfully cleared the interview.

Preparation Tips:

  • Be truthful about your resume.
  • Learn basic banking norms and regulations.
  • Practice speaking clearly and confidently for group discussions.

Conclusion:
Overall, the interview process was smooth and well-structured. Being honest about my resume and brushing up on banking basics helped me perform well. For future candidates, focus on clarity in communication and thorough preparation of your resume and technical topics.

4

Company Name: NatWest Group

Position: Risk Analyst

Location: [Not specified]

Application Process: Applied via campus placement in May 2022.

Interview Rounds:

  • Round 1 - Panel Interview:
    • Questions Asked:
      1. Regression and correlation concepts.
      2. What ratios would you consider before giving a loan?
      3. Which loan is riskier: home loan, personal loan, credit card loan, or car loan?
      4. Some resume-based questions.
    • Your Approach: Focused on explaining regression and correlation clearly, discussed key financial ratios for loan assessment, and justified the riskiness of different loan types based on factors like collateral and borrower creditworthiness.
    • Outcome: [Not specified]

Preparation Tips:

  • Be thorough with situational-based questions.
  • Understand key concepts like regression, correlation, and risk assessment in loans.
  • Review your resume thoroughly to answer any resume-based questions confidently.

Conclusion:
The interview was a good learning experience, especially in understanding how risk assessment works in banking. Practicing situational questions and brushing up on financial concepts beforehand would have made me more confident.

5

Company Name: NatWest Group

Position: Risk Analyst

Location: [Location not specified]

Application Process: [Application process details not provided]

Interview Rounds:

  • Round 1 - HR Round:

    • Questions Asked:
      1. Self-introduction
    • Your Approach: I prepared a concise and professional self-introduction, highlighting my academic background, relevant skills, and interest in risk management.
    • Outcome: Successfully cleared the HR round.

  • Round 2 - One-on-one Round:

    • Questions Asked:
      1. Questions related to risk management and scenario-based questions.
    • Your Approach: I focused on demonstrating my understanding of risk management principles and applied them to the scenarios presented. I also emphasized my analytical skills and ability to think critically under pressure.
    • Outcome: Cleared the round with positive feedback.

Preparation Tips:

  • Brush up on core risk management concepts, including market risk, credit risk, and stress testing.
  • Practice scenario-based questions to improve problem-solving skills.
  • Be clear and concise in your responses, especially in the HR round.

Conclusion:
The interview process was smooth and well-structured. The HR round was straightforward, while the technical round tested my knowledge and application of risk management concepts. Practicing scenario-based questions beforehand was particularly helpful. For future candidates, I’d recommend focusing on both theoretical knowledge and practical application to excel in the interview.

6

Company Name: Natwest Group

Position: Risk Analyst

Application Process: I applied via Naukri.com and was interviewed before April 2022.

Interview Rounds:

  • Round 1 - Resume Shortlist:

    • Questions Asked: N/A (Resume screening)
    • Your Approach: Ensured my resume was crisp and highlighted relevant experience.
    • Outcome: Shortlisted for the next round.

  • Round 2 - HR Round:

    • Questions Asked:
      1. Salary expectations and why you left the previous organization.
    • Your Approach: Answered honestly about my expectations and provided a professional reason for leaving my previous job.
    • Outcome: Moved to the next round.

  • Round 3 - Technical Round:

    • Questions Asked:
      1. Questions related to my current job profile.
    • Your Approach: Explained my current role and responsibilities in detail, linking them to the Risk Analyst position.
    • Outcome: Advanced to the final round.

  • Round 4 - One-on-one Round:

    • Questions Asked:
      1. Detailed analysis of what I knew about the profile and whether I was suitable for the position.
    • Your Approach: Demonstrated my understanding of the role and how my skills aligned with the job requirements.
    • Outcome: Awaiting final results.

Preparation Tips:

  • Always be confident and informative. Avoid showing excessive interest in salary hikes during initial discussions. Focus on the role and your fit for it.
  • Ensure you have a clear understanding of your current job profile and how it relates to the new role.

Conclusion:
The interview process was smooth, and I felt well-prepared for each round. If I could improve anything, I would research more about Natwest Group’s specific risk management practices. My advice to future candidates is to stay confident and articulate your experiences clearly.

7

Company Name: NatWest Group

Position: Risk Analyst

Location: Chennai (Interview conducted at IIT Madras)

Application Process: Applied through campus placement at Indian Institute of Technology (IIT), Chennai in December 2016.

Interview Rounds:

  • Round 1 - Aptitude Test:

  • Questions Asked:

    • Aptitude and maths questions, with a focus on finance topics like valuation and ratio analysis.

  • Your Approach: Prepared by revising basic financial ratios and concepts like regression.

  • Outcome: Cleared the round successfully.

  • Round 2 - Technical + HR Interview:

  • Questions Asked:

    • What is the time value of money?
    • Explain logistic regression.
    • What is Bayes’ theorem?
    • Questions on bond mathematics.

  • Your Approach: Focused on explaining concepts clearly and relating them to practical applications in risk analysis.

  • Outcome: Advanced to the next round.

Preparation Tips:

  • Go through basic financial ratios and be thorough with concepts like regression.
  • Certifications like FRM can be advantageous.
  • Try to work on projects in analytics related to finance.

Conclusion:
The interview process was thorough, with a strong emphasis on technical knowledge in finance and analytics. Being well-prepared with financial concepts and having relevant projects helped me perform well. For future candidates, I recommend focusing on both theoretical and practical aspects of risk analysis and finance.

8

Company Name: Natwest Group

Position: Risk Analyst

Location: [Not specified]

Application Process: Applied via the company’s website before October 2022.

Interview Rounds:

  • Round 1 - Resume Shortlist:

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

  • Your Approach: Ensured my resume was concise and focused on relevant skills and experiences. Avoided including unnecessary personal details like photo, gender, age, or address.

  • Outcome: Successfully shortlisted for the next round.

  • Round 2 - One-on-one Round:

  • Questions Asked:

    1. Basic concepts of statistics.
    2. What is ML and its basic concepts?
    3. Explain the linear regression model.

  • Your Approach: Prepared thoroughly by revising statistical concepts, machine learning fundamentals, and regression models. Practiced explaining these topics clearly and concisely.

  • Outcome: [Not specified]

Preparation Tips:

  • Focus on core statistical concepts and their applications in risk analysis.
  • Brush up on machine learning basics, especially supervised learning models like linear regression.
  • Practice explaining technical concepts in simple terms to ensure clarity during the interview.

Conclusion:
Overall, the interview process was straightforward, with a strong emphasis on technical knowledge. Ensuring my resume was well-structured and avoiding irrelevant details helped me clear the first round. For future candidates, I recommend focusing on both theoretical and practical aspects of statistics and machine learning, as these are key for the role.

9

Company Name: Natwest Group

Position: Risk Analyst

Location: Indian Institute of Technology (IIT), Kanpur (Campus Placement)

Application Process: Applied via campus placement at IIT Kanpur before September 2021.

Interview Rounds:

  • Round 1 - Aptitude Test:

    • Questions Asked: Mix of Quantitative, Reasoning, English, and Finance questions.
    • Your Approach: Prepared using standard aptitude resources and practiced previous year questions.
    • Outcome: Cleared the round successfully.

  • Round 2 - Group Discussion:

    • Questions Asked: Topic was “Effect of COVID on the Economy.”
    • Your Approach: Focused on presenting balanced arguments, listening actively, and contributing meaningfully.
    • Outcome: Advanced to the next round.

  • Round 3 - One-on-one Round (Technical):

    • Questions Asked:
      1. Basic Python question from Geeks for Geeks.
      2. Puzzle questions (basic level).
    • Your Approach: Revised Python concepts and practiced puzzles beforehand.
    • Outcome: Cleared the round.

  • Round 4 - One-on-one Round (Technical/Resume-based):

    • Questions Asked:
      1. Detailed discussion on college projects.
      2. Questions about Python and SQL.
      3. “Why do you want to join analytics?”
    • Your Approach: Prepared to explain projects thoroughly and brushed up on Python and SQL basics.
    • Outcome: Moved to the final round.

  • Round 5 - HR Round:

    • Questions Asked: Basic work-related questions.
    • Your Approach: Answered honestly and aligned responses with the company’s values.
    • Outcome: Received positive feedback.

Preparation Tips:

  • For campus placements, focus on aptitude, technical skills (Python, SQL), and group discussion practice.
  • Revise projects thoroughly as they are often discussed in detail.
  • Lateral hiring processes may differ, so tailor preparation accordingly.

Conclusion:
The overall experience was smooth, and the interviewers were supportive. I could have prepared more puzzles and case studies for the technical rounds. For future candidates, I’d recommend practicing puzzles and being confident in explaining projects. Good luck!