I had a series of panel interviews two weeks ago for a sell-side firm. I think i did well during the first part of the interview where they asked me questions about my background. The position I was applying was for a quant risk analyst position. In the second part of the interview, they started asking me questions about portfolio risk and various types of rebalancing methods. I honestly didnt know how to answer it but I just kind of worked my way through them based on my understanding of portfolio management from the CFA curriclum. I felt like maybe they were trying to pull teeth from me with all these questions. I was sure based on this performance that that was it for me. I didn’t have high hopes for the position given my performance.
However, I received a phone call today indicating that they were looking to schedule a follow-up interview next week. What happened there? Anyone experienced this before? Perhaps I didn’t really need to know anything risk models for the role and they were just surveying my knowledge base?