Feb 2025

How to answer this Behavioural interview question about Operational Risk for Mid-Level Risk Manager?

Can you describe a time when you successfully mitigated a major operational risk in your previous role?

Risk Manager

Behavioural

Asked at

HSBC

Difficulty :

Medium

A popular meme image featuring the Marvel character Thanos with the caption “A small price to pay for salvation,” commonly used to humorously express acceptance of a minor sacrifice for a greater benefit.

Explanation

This question assesses your ability to identify and mitigate operational risks effectively. Recruiters evaluate your problem-solving skills, decision-making, and implementation of risk mitigation strategies. Common pitfalls include failing to describe the specific risk or not addressing the outcomes. A strong answer includes a detailed scenario, your actions, and measurable results. Preparation involves reflecting on past experiences and identifying key success factors.

Answer Example

In my previous role, I identified a significant risk in a manual reconciliation process that caused frequent delays and errors. I implemented an automated system that reduced reconciliation time by 40% and error rates by 30%. This approach not only mitigated the risk but also improved overall efficiency.

Also check out

Asset Manager

How do you evaluate the performance of an investment portfolio?

Analytical/Technical

Asked at

Vanguard

Difficulty :

Medium

Marketing Manager

What innovative strategies would you use to promote sustainability for an FMCG brand?

Creative Thinking

Asked at

Procter & Gamble

Difficulty :

Hard

Laboratory Chemist

How do you ensure accuracy and precision when conducting chemical analyses in the laboratory?

Technical

Asked at

BASF

Difficulty :

Medium

Junior Game Designer

How do you collaborate with other departments, like artists and programmers, during the game design process?

Communication Skills

Asked at

Electronic Arts

Difficulty :

Easy

Internal Control Manager

How would you design and implement an effective internal control system for a multinational corporation?

Technical

Asked at

Deloitte

Difficulty :

Hard

How it works?

Perfect applications in one click.

Step 1:
Create a profile

Create your profile by uploading an existing resume or create one from scratch using our resume builder.

Step 2:
Find a job post

Start searching for jobs anywhere you want and paste the job description in the box in FirstResume.

Step 3:
One click .. and done

One click, and we will track your job with AI, analyse your compatibility, create your perfect resume and more, ready to apply.

That's it! Give it a go!

Get updates and career content

Subscribe to our newsletter

We frequently write blogs that help our community with their career growth! Don't miss out!

Thank you! Your submission has been received!

Oops! Something went wrong while submitting the form.

Talk to us directly

Join us on Discord

Discord is where we give updates, offer member exclusive giveaways, and help each other grow on our careers.

Feb 2025

Can you describe a time when you successfully mitigated a major operational risk in your previous role?

Behavioural

Asked at

HSBC

Difficulty :

Medium

SHARE THIS POST

Explanation

Answer Example

Also check out

How do you evaluate the performance of an investment portfolio?

Analytical/Technical

Asked at

Vanguard

Difficulty :

Medium

What innovative strategies would you use to promote sustainability for an FMCG brand?

Creative Thinking

Asked at

Procter & Gamble

Difficulty :

Hard

How do you ensure accuracy and precision when conducting chemical analyses in the laboratory?

Technical

Asked at

BASF

Difficulty :

Medium

How do you collaborate with other departments, like artists and programmers, during the game design process?

Communication Skills

Asked at

Electronic Arts

Difficulty :

Easy

How would you design and implement an effective internal control system for a multinational corporation?

Technical

Asked at

Deloitte

Difficulty :

Hard

Perfect applications in one click.

Step 1: Create a profile

Step 2: Find a job post

Step 3:One click .. and done

Subscribe to our newsletter

Join us on Discord

Your success begins here.

Step 1:
Create a profile

Step 2:
Find a job post

Step 3:
One click .. and done