Landing an interview with a prestigious company like Deloitte is no small feat, especially for the highly sought-after position of ERS (Enterprise Risk Services) Consultant This role requires a keen understanding of risk management and a knack for solving complex business problems As you prepare for your interview, it’s essential to not only demonstrate your technical skills but also to showcase your problem-solving abilities and strategic thought process.
In this article, we’ve prepared a list of potential questions that may come up in your Deloitte ERS Consultant interview We’ll provide insights on how to craft compelling answers that highlight your expertise and align with Deloitte’s values and mission
Common Deloitte ERS Consultant Interview Questions
1. Can you describe your understanding of the role and responsibilities of an ERS Consultant at Deloitte?
The question is designed to gauge how much homework you’ve done on the role and the company. It’s not enough to know what an ERS consultant does in general, as the responsibilities can vary significantly from one organization to another. Recruiters want to see that you’ve taken the time to research the specifics of the role within Deloitte and that you have a clear understanding of what would be expected of you if you were hired.
Example: “An ERS Consultant at Deloitte is expected to assist clients in managing risk and ensuring compliance with regulations. This involves conducting risk assessments, developing strategies for mitigation, and implementing solutions. Key responsibilities include understanding client needs, providing tailored advice, and working collaboratively with the team to deliver high-quality service. The role also requires staying updated on regulatory changes and industry trends to provide effective guidance. Strong analytical skills, excellent communication abilities, and a deep understanding of business processes are crucial for success in this position. It’s about balancing risk management with business objectives to help clients thrive in their respective industries.”
2. How does your previous experience make you a strong candidate for this position?
Seeking insights into your past experiences is a way for employers, even those from prestigious firms such as Deloitte, to gauge your capabilities and potential fit for the role By asking about your previous experience, they’re interested in understanding how your skills, knowledge, and accomplishments will translate into success in the ERS Consultant role. They’re looking for evidence that you’ve tackled similar challenges, mastered relevant technologies or methodologies, or otherwise developed the competencies needed to excel in the position
Example: “In my previous experience, I’ve worked extensively with enterprise resource planning (ERP) systems. This has not only given me a deep understanding of their functionality but also the ability to identify and solve issues quickly. I have led numerous projects in implementing ERP solutions which required strong analytical skills and problem-solving abilities. My expertise in process improvement will be beneficial for Deloitte’s clients as we work together to optimize their operations. Moreover, having worked directly with clients, I understand the importance of clear communication and building strong relationships. These experiences make me well-equipped to excel as an ERS Consultant at Deloitte.”
3. What enterprise risk management frameworks are you most familiar with?
Delving into your knowledge of enterprise risk management frameworks gives recruiters insights into your technical capabilities. As an ERS consultant, understanding different frameworks such as COSO, ISO 31000, or even Deloitte’s own Risk Intelligence approach, is pivotal to providing top-notch advisory services to clients. Your familiarity with and ability to apply these frameworks can help organizations navigate through potential risks, ensuring their operations stay resilient and profitable.
Example: “I am well-versed with several enterprise risk management frameworks, but the two I have worked most extensively with are COSO and ISO 31000. COSO’s ERM framework is comprehensive and widely accepted for its
Other Common Deloitte Interview Questions
Deloitte interviews are known for being extensive. If you are applying for a job at Deloitte, here is a full list of other common interview questions they may ask:
7 Common Deloitte Interview Questions and Example Answers
You can get closer to your dream job at Deloitte by reading through this list of the seven most common interview questions. Each question has an example answer and some advice on what to say to put your best foot forward and highlight your most desirable skills and qualifications.
Deloitte hiring managers often ask the same types of questions during interviews. Going over these questions will help you prepare and have a clear head and well-thought-out plan for what to say. A great way to get ready for your job interview and set yourself up for success is to do a practice run with these common questions.
Here are the top seven most commonly asked Deloitte interview questions and example answers:
- What made you want to work at Deloitte? This is a question that hiring managers ask all the time to see how interested you are in the job and how much you know about the company. Deloitte is no different. The best way to prepare for this question is to learn about Deloitte ahead of time. Get to know the company’s culture, mission, and professional values. Try to talk about your skills and at least one thing that made you want to work for the company in your answer. As a qualified and experienced financial analyst, I’m dedicated to giving my clients the best service possible and giving them the information they need to make smart financial decisions. I wanted to make a bigger difference in my community, and this job appealed to me because your company is known for its clear market success, high growth rates, and welcoming workplace.
- What do you know about Deloitte? This or a similar question will likely be asked of you at some point during the interview process, no matter what part of the company you’re applying for. Why should I answer? Do some research on Deloitte before the interview and be ready with some facts. In general, you should know all the basics about the company, such as what they do, where they’re based, and when they were founded. While I was an undergraduate, I paid close attention to Deloitte’s work. I’ve been impressed by the company’s recent growth, especially since it bought Terbium Labs. Deloitte has grown a lot since it was first established in London in 1845. As one of the “Big Four,” Deloitte is known as one of the biggest professional services firms that is privately owned. I’m sure that my skills could help Deloitte keep growing and make the lives of millions of people around the world better.
- How did you become an accountant? If you’re interviewing with Deloitte, you probably are an accountant. This is a great question for Deloitte hiring managers to find out what your professional interests are. How to answer: One great way to answer this common Deloitte interview question is to talk about what about accounting interested you and how enthusiastic you are about the job. Example Answer: Accounting brings me great joy. Working there is very satisfying for me because it challenges me, makes me happy, and lets me help people from all walks of life. I first got interested in the field because I liked looking at financial data and figuring out metrics.
- In your career, tell me about a time when you used your negotiation skills to change how something turned out. This is a question that gets asked a lot at Deloitte job interviews. If you want to work for Deloitte, you’ll need to be able to negotiate and talk to people very well, no matter what department or role you want. How to answer: Talk about a time when you used your negotiation skills to get a deal done, help a client understand a hard idea, or change how a team meeting turned out. You should try to show that you have good communication and people skills in your answer. Example Answer: In my last job at Ernst Young, I was able to use my negotiation skills to persuade a client not to go to a different agency for financial help. After hearing what the client had to say, I took care of their problems directly and had a long conversation with their Chief Financial Officer. We ended up negotiating a new consulting agreement that met the needs of the company better. In any negotiation I’ve been a part of, good communication is key.
- How do you handle having many due dates and tasks? At Deloitte, meeting deadlines and working quickly are important for employee success. Hiring managers are more interested in people who are passionate, driven, and good at their jobs. To answer, you should try to show how well you can organize and manage your time in this answer. Example Answer: I’ve been a professional auditor for more than three years, so I’ve gotten much better at managing my time. I can easily stay on task and meet all of my daily deadlines and projects. I stay very organized by setting goals, planning and prioritizing tasks, delegating when needed, and communicating clearly with my team so that I can meet deadlines and finish all of my work on time.
- How do you stay focused while doing audits and other legal and tax work? Working with numbers can get boring, but you need to stay focused to get hired by Deloitte. This question is often asked by hiring managers to see how well you can do your job and stay focused. How to answer: One great way to answer this question is to talk about how methodical you are and how much you pay attention to detail when you do audits and legal work. Example Answer: I really enjoy performing audits and reviewing numbers. I always have my full attention on the task at hand, paying close attention to every detail and checking the data for any signs of fraud, violations, or other problems. To stay on track, I do all of my audits and financial reviews in a methodical and analytical way.
- What can you bring to Deloitte? This is a question that hiring managers at Deloitte always ask potential employees during job interviews to get a better idea of their skills and abilities. How to Answer: This is a great chance to show off your best skills. When you answer this question, talk about any relevant experience you may have and highlight your best professional traits. Since I’ve been doing audits and taxes for more than five years, I’m sure I can help Deloitte get more clients and keep providing the high-quality financial services that their customers expect. I pay close attention to details, I’m interested in the financial system, and I have a history of doing great work as an auditor for limited companies, large corporations, and small businesses.
Deloitte Interview Process (My Experience)
FAQ
How many rounds of interviews does Deloitte Consulting have?
Is it hard to pass Deloitte interview?
How many Deloitte consultant interview questions are there?
Share Your Experiences Glassdoor has millions of jobs plus salary information, company reviews, and interview questions from people on the inside making it easy to find a job that’s right for you. 2,088 Deloitte Consultant interview questions and 2,039 interview reviews. Free interview details posted anonymously by Deloitte interview candidates.
How long does it take to get a job at Deloitte?
multiple rounds with cases and behaviour questions, very long and slow process, the online application is difficult, you may have HR interview, technical interview, partner interview. The process may take 3 months especially during the summer holiday season. Why Deloitte? Why this practice? Why consulting? Why big4?
What does Deloitte look for in a consultant?
Consulting is a delicate dance of delivering results while keeping costs in check. Deloitte, as one of the top consulting firms, is looking for candidates who are adept at managing both the client’s expectations and the budgetary limitations that come with the project.
How do I get a job at Deloitte?
I interviewed at Deloitte (Manchester, England) Assessment centre tests – numerical and verbal reasoning. If successful in that stage, you are invited to attend a case study interview and a competency based interview. These usually take place on the same day with four different interviewers in total. I applied online.
