Risk Management Specialist Job Interview Questions & Answers

Got a big interview where you’ll be applying as a Risk Management Specialist? No worries! On this page, we’ve listed some of the most common Risk Management Specialist interview questions along with sample answers. Check them out below (and good luck!)

What experience do you have (if any) as a Risk Management Specialist?

A straightforward question that requires an honest answer – list experience you have as it pertains to the position you’re applying for. What happens if you don’t have any experience? By thinking about the question ahead of time, you can have a reply at your fingertips. Your interviewer will appreciate your ability to relate skills gained in one position to another.

Answer Sample:

I believe that in order to be an effective x you really require a great deal of y. In college, I worked with z for 2 years and really belive I gained a strong sense of what its like to succeed in x

What are some of major challenges the accounting industry faces looking ahead? How will it impact the role of Risk Management Specialist?

There are a variety of ways to answer this one. Try discussing ‘buzzworthy’ topics like AI, software, and inexpensive labor. However, be prepared to explain why you answered the way you did – and do some research ahead of time.

Answer Sample:

Like many things, I belive that with change comes opportunity

What systems have you developed to reduce/eliminate errors in your work?

To err is human, but not when it comes to accounting. No, the company you are applying to isn’t expecting their employees to be flawless. What they’re seeking here is some method you deploy for QA.

Answer Sample:

While it sounds quirky, Ive developed my own system for QA that I call the x – its bailed me out more times than I can remember!

Tell me about a time you used graphs, charts, and data to drive home a point?

While it may be the epitomy of ‘nerdery’, story telling through data is a critical skill for those in the financial profession. The key to answering this question is focusing on the outcome of data you furnished – and why it mattered.

Answer Sample:

Our department had been struggling for years, but by clearly illustrating the relationship between x and y, we corrected and showed record improvements in the next quarter

Has there ever been a time you were required to deliver critical feedback?

One of the most difficult things to dispense – and receive – is critique of work. Anyone who has spent enough time in this industry realizes that human error is part of the job, and no one is perfect. What you’re going to want to do here is be sure to let the interviewer know what you did in reaction to this feedback. Was there denial? Deflection? By dealing with difficult situations calmly and with full accountability, you demonstrate qualities every employer loves.

Answer Sample:

Ill never forget the time my old boss talked to me about x. The way it was handled was totally professional, and thats been my model ever since.

Give me an example of when your attention (or lack of attention) affected the outcome of a project. Why?

Always with the details! No matter what your role in the accounting industry, this one’s important. Here, your interviewer is looking for examples.

Answer Sample:

My careful attention to x and y prevented a major audit last year

Which online tools, cloud software, or other accounting specific platforms are you familiar with?

These days, your mastery of accounting software is practically expected. In the event that you don’t have experience with popular software, familiarize yourself with industry standards ahead of time. Do some research and investigate new platforms or recent developments in the software field.

Answer Sample:

Most of my experience is with x, but I downloaded a demo of y and really think it warrants a closer look

What sort of work culture do you find most appealing and why?

Work culture is huge and for good reason these days. Simply put, culture fit means that your values are in alignment with your prospective employer’s. While you may be a chatty extrovert, be mindful of your response here and how it may be perceived by the interviewer.

Answer Sample:

I succeed when given clear, consise direction and find a balance of solo effort and working alongside a team is when Im most productive

What made you leave your last job – and why are you choosing us?

An innocent question, but deadly if answered improperly. Your desire for better compensation or venting about the ‘terrible leadership’ at your last job may leave your interviewer with the wrong impression of you. Even if you were subject to downsizing or let go for other reasons, keep it short and concise, and avoid drama regardless of how tempting it may be.

Answer Sample:

My last position came to an end rather organically, and its now time to seek new opportunities