Got an interview coming up where you’re applying for the role of a Fraud Risk Manager? No worries! Here you can find some of the most often asked Fraud Risk Manager interview questions as well as some examples of how to answer. Check em out below and thank us later!
What experience do you have as a Fraud Risk Manager?
This one’s pretty simple – discuss your experience as it relates to the job 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. In this way, you can turn a simple ‘no’ into an opportunity to demonstrate your awareness of related skillsets.
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
As we move into the future, what challenges do you feel our industry is facing, especially the role of Fraud Risk Manager?
There are a variety of ways to answer this one. AI, automation, and inexpensive labor are all interesting items to bring up. Regardless of your answer, be sure to have something to backup your responses.
Answer Sample:
Like many things, I belive that with change comes opportunity
What do you to ensure error free work?
To err is human, but not when it comes to accounting. Here, your interviewer isn’t looking for some superhuman form of error free workmanship. What they’re looking for here is some sort of system of checks and balances.
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!
Describe a situation you needed to use data to prove a point?
Here, it isn’t about you being right or a client being wrong, it’s about finding the facts through data. A great example here would be anything relating to a decision where your data made a difference.
Answer Sample:
In a recent client meeting, by clearly visualizing some key figures we were able to save them $10s of thousands in tax payable.
Has there ever been a time you were required to deliver critical feedback?
Difficult feedback is difficult for a reason. Your interviewer realizes that everyone makes mistakes, and they’re not looking to hang you out to dry. Here, the important thing to do is let your interviewer know how you overcame this particular challenge. Was there denial? Deflection? By dealing with difficult situations calmly and with full accountability, you demonstrate qualities every employer loves.
Answer Sample:
Ive been on both ends of critical feedback, and clear, consice presnetation of facts is paramount, as is accountability
Detail is critical in our industry – what do feel makes you a detail oriented person, and why?
Details, details, details! As an accountant, this is a serious requirement. Here, your interviewer is looking for examples.
Answer Sample:
A careful review of x revealed that y and z were out of order, ultimately preventing a costly audit
Which accounting specific software are you familiar with?
Every modern accounting practice will require some level of proficiency when it comes to software. If your experience lies in a single – or outdated platform, be sure you are familiar with the current standards. Do some research and investigate new platforms or recent developments in the software field.
Answer Sample:
Im proficient in x and y, but ive ready tons of good things about z and would love to learn more about it
Culture is important to us here. Which style of work enviornment do feel most productive in?
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 expectations of me and my team, and find a balance of working individually as well as alongside a team is when Im most content
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 let go, keep it short and concise, and avoid drama at all costs.
Answer Sample:
My last position came to an end rather organically, and its now time to seek new opportunities