Sollicitatievragen voor quantitative analyst gedeeld door sollicitanten
I was asked some basic questions regarding the risk and return in different scenarios and how the risk analysis would be performed. E.g. Given a company with no previous record of transaction with us, why would we lend them the money?
The answer is the bank can charge a high rate of return for the high risk client.
They asked about my background in python. I told I had made a bot which was using python for image recognition, but for the model analysis they needed, the python level was simple and skills were sufficient enough because I had plenty of high-quality experience writing R models and an R package. They said they were proud they are using python for their models while some competitive companies/banks were still using Excel, essentially mocking them, which didn't seem on par with my ethics-standards. I explained how I could help with their python. I wanted to make sure we are on the same page so I asked some stuff to them, too. I didn't get any answers when I asked what kind of libraries they build, what design patterns they use or examples of idiomatic python.
On the cover letter, a game theory problem with the problems. A multi-player game where all players play optimally and you have to find out what these optimal plays are given the settings in the questions. After, a general cognitive aptitude test which, if you respect yourself, you'll decline to do and move on to another company.
I was presented with a case where I had to calculate the probabilities given a case. Question as far as I remember: We have 100,000 clients with a default risk of 2 %. Each client is asking 2 Euros. Q1. What would be the minimum amount we can lose? Q2. What would be the maximum amount we can lose? Q3. What is the probability of 20,000 clients completely defaulting? Just tell us the formula. Q4. What kind of distribution does the Q3 represent?