Jobs in Banking: Interview Questions and Tips

Banking interviews are meant to engage potential of the candidate to see if they have the skills to be placed in a suitable bank. Banking interview questions are meant to measure the attitude, skill and flexibility of any candidate, while drawing conclusion about their overall fit.

Getting ready

To become successful in the banking interview process, you need to be prepared to face many questions. Interview questions usually begin with some general questions like family background, interests, work history and education. The second and third set of banking interview questions are meant to know the candidates work experience, nature, ability and ideology. They also want to know how you're going to be able to sell questions. Entering to the first set of baking questions related to your family and future planning is quite easy but the other set of questions such as scenario and what would you do questions can be somewhat difficult.

Interview questions

The interviewer will usually begin the process by asking you to talk about yourself. It is common for this to be the opening question because it is meant to get the ball rolling for the next few minutes ahead. Even though this is a common question, it still be looked at as your key to success in the next set of questions that are going to be asked. Ensure that you be yourself and not all questions are answered honestly, open-minded and to the best of your ability. It is a good idea to go through some general banking interview questions in order to be prepared. You should at least have an idea of what is going to be asked and what your response may be.

Common examples of questions:

  • Why did you choose banking as your profession?
  • Do you have any previous experience?
  • Why you left your previous job?
  • Why do you want to work for us?
  • Where you see yourself in another five years?

Finance related questions:

  • If you could buy one stock today, what would it be and why?
  • Can you explain the effect of rising interest rates on the United States economy?
  • What are the main issues ABC Company has to face before entering a given industry (Porter framework)?
  • Explain the techniques you use to value firms?

Individual and personalized questions:

  • Do you think you have leadership quality? 
  • Can you explain when did you show leadership?
  • Have you think you can perform well in a group?
  • What is your most noted accomplishment?
  • What are your positive traits or strengths?
  • What are your negative traits or weaknesses?
  • What you can do for the company others people can't?

Be well prepared before attending the interview and answer all questions in a positive way. Remember if you have the material they're looking for, you won't have a problem answering questions.