Risk Modeling Interview Questions
169
Risk Modeling interview questions shared by candidates
When the data do not have enough number of defaults, how would you build a default model?
2 Answers↳
I threw some random silly thoughts, which might be the reason for no offer. I have worked only for data intensive companies and so haven't been exposed to such challenges. However, this company issues loans selectively to wealthy people and so their default rate is so low. Probably those with biostatistics degrees exposed to limited data environment would appear strong to them. Less
↳
I dont know if I got the right answer, but in this case I would consider using a boostrap method to simulate this.... Less
How many people in a room do you need to have at least 2 people share the same birthday at 70% probability?
1 Answers↳
1-(365!/(365-x)!*365^x=0.7, solve for x
1) Tell me about Yourself 2) Explain your experience 3) explain different models which you used in validation 4) Models used in exploratory Data analysis 5) what kind of statistical models are you aware off? 6) What are the steps in data analysis and explain any off the of project you did.
1 Answers↳
I explained everything but I wasn't aware of more statistical models but rest everything went well and they recommended me for business analyst position in different team Less
Describe how you would perform a model validation
1 Answers↳
I gave the standard answer plus what I learned at other jobs
Some econometrics and probablity questions
1 Answers↳
I answered them properly and my answers were correct