Case Interviews

Frameworks & Structuring

How should I structure a risk-focused case interview?

I'm interviewing for a financial-services risk role and have been told the cases may be less traditional than profitability or market-entry cases. I can't find a standard 'risk framework.' How should I think about structuring a case when the topic is unfamiliar?

Ian’s Answer

And here we run into the inevitable problem: You've thought all along that just memorizing frameworks will let you ace the case...WRONG!

You need to learn how to think. Frameworks are a good guide. They are not the end all be all.

When you learn a framework, you're meant to focus on the "ah ha! THIS is how they thoght about THIS problem. They want to look at THIS because of THIS reason". Rather than getting the takeaway: "For x question, I can use y case"

I'm not answering this question - I want you to think through this and propose something.

As a guide:

  1. What matters? What does the bank care about? (Objective)

  2. What are the areas we might want to look at? What might help us understand the landscape better? What might drive us towards an answer/resolution? (Hypothesis)

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