Macquarie Group Quantitative Analyst Interview Guide

This position was for credit risk and CCR modelling and validation, so the interview stayed pretty close to that theme. The process moved fairly quickly at first: I had an initial recruiter call, then a first interview, an assessment, and a second interview all within about three weeks. After that, I ended up waiting another three weeks for the final decision, which was the most frustrating part because the scheduling itself was well organized and the interviewers were generally good to speak with.

The first live round was a 30-minute video interview with a director and manager, and it was a mix of technical, behavioural, and a few brainteasers. I was asked why I was interested in Macquarie, questions about my previous work and projects, and some general problem-solving prompts. There were also a few entry-level quant style questions, including one about how to explain Brownian motion to stakeholders, which felt less like a pure math test and more like checking whether I could communicate a concept clearly. Another question was a market sizing problem related to windows, and there were also scenario-based questions about global markets and options hedging. For the role itself, they also asked practical credit-risk questions, like how I would assess the credit risk of a company without a rating and how I would think about governance standards for model output.

Overall, it felt thorough and relevant to the role rather than overly abstract. The difficulty was moderate: not especially deep on advanced math, but it did require being comfortable switching between CV discussion, risk intuition, and quick mental reasoning. I didn’t get an offer in the end, but the process was professional and the questions were aligned with what the team actually does.