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      Lombard Credit Risk Methodology Interview

      28 Aug 2017
      Anonymous employee
      Zürich
      Accepted offer
      Neutral experience
      Average interview

      Application

      I applied online. I interviewed at UBS (Zürich) in Jun 2015

      Interview

      The application process was rather straightforward: after sending the application they have invited me for an in-person interview with the boss of the department and one coworker. First they have introduced themselves followed by their educational and their professional background. After that it was my turn to explain what led me to do things listed on my CV and of course why did I apply for that position. The personal question were followed by the more technical ones regarding the business as such and the understanding of basic financial products. The interview ended by they giving me a chance to ask anything that might be of interest regarding the position. A couple of days later I have received a phone call for an HR interview. The offer for the internship came at the end of a roughly 30 min long HR (phone) interview, during which typical HR questions were posed.

      Interview questions [5]

      Question 1

      Can you explain to someone who has absolutely no knowledge of finance what an option contract is?
      Answer question

      Question 2

      Why are Monte Carlo methods being used in finance? Techniques of parameter estimation?
      Answer question

      Question 3

      What is a repo transaction?
      Answer question

      Question 4

      What is the single achievement in your life you are most proud of?
      Answer question

      Question 5

      Where do you see yourself in 5 years and how does this role fit into your plans?
      Answer question
      4