Interview Techniques & Advice
Pre-interview
Preparation is essential…..
Find out as much as possible about the bank/division
of bank. Check their website and any additional information
you can find.
The following, will probably be asked, so prepare
some answers:
1) What do you know about the company?
They are looking for current and past market
knowledge and a bit about its history
2) What do you have to offer?
Matching your skills to job requirements
3) What are your strengths?
Think of three examples job related, that are
business critical and you can provide evidence for
4) What are your weaknesses?
The critical point with this question is that you identify
one weakness that can be turned into a positive –
ensuring you are self analytical and looking to improve
The Interview
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The importance of making a good first impression
cannot be over stated.
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Attitude is also very important. Even if you have
reservations about attending the interview, BE POSITIVE,
the position may turn out to be exactly what you
are looking for and you can always turn down a position,
but you cannot retrieve an interview after suddenly
discovering you want the job.
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Bear in mind if this isn’t the right opportunity,
if you make a good impression this could open other
doors within the business.
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Most of all, try to enjoy the interview. If you
do, the interviewer will enjoy it too and you stand
a better chance of getting the job.
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Never sit back and expect your qualifications
and experience alone to get you the job. Your personality
is at least as important. Be positive and confident
and you will stand out and be taken seriously.
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If you are asked technical questions, listen carefully
and use your common sense if you are not sure of
the answer. An intelligent reply, if not strictly
correct, will satisfy on most occasions. However,
avoid the temptation to ramble. If you don’t
know the answer to a question, say so.
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The chance to ask questions is your chance to
impress, therefore, prepare in advance. Also use
this time to clear up any areas of concern you may
have.
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Always have some questions prepared on a professional
looking notepad and don’t be afraid to use
it.
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DO NOT ask about salary and benefits at first
interview as these are usually discussed at a later
stage.
End of the interview
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Thank the interviewer for their time, again a smile
and a firm handshake will help.
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Close the interview
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Last impressions are nearly as important as first,
as the way you leave may be the way you are remembered.
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Above all, be yourself.
Additional advice
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DO NOT criticise your current firm or appear unnecessarily
confrontational.
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Be prepared to be asked about you as an individual
and not only in relation to your experience.
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Be prepared to discuss your reasons for leaving
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There may also be technical questions or questions
of an economic nature. Read up on recent developments.
Suggested topics for your questions
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Business related, maybe having researched their
website for latest development.
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Progression opportunities, bear in mind you are
being interviewed for this job and they will expect
some level of commitment from you.
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Development of personal/technical skills
Being fully prepared will help your confidence and
ensure that you give the best possible impression.
Focus on the job in hand
The old question of "Where do you see yourself
in three years' time?" is a predictable one, but
it's how you're going to get there from accepting the
job on offer which is especially relevant. The oft-repeated
response of "In your seat" is not recommended,
but "Working with talented people and progressing
my career" is.
Research the company you're interviewing for
Airily complimenting the reputation of a bank's credit
team tends to be rather less than impressive if they've
all defected en masse to a competitor the previous week.
Recent deals and hires (easily researched on the web
or in print) will demonstrate genuine interest and effort.
Justify your reasons for wanting to move
"My mate says that the breakfasts are good here"
doesn't necessarily distinguish your current employer
from your prospective one, but being able to name a
particular senior individual there who inspires you,
does.
Structure your answers
An industry-specific question is not an invitation
to waffle about what newspapers you read, nor to wander
off on tangents. Keep it relevant and concise.
Dress appropriately
An obvious one, this, you may have thought. But it's
not solely the more junior end of the market that proves
to be less than efficient in the art of properly knotting
a tie.
Mind your body language
We really all should, by now, be abundantly aware
of the fact that sitting with one's arms and legs crossed
doesn't really 'send out the right signals'. Likewise
regarding eye contact – but it's a thin line between
paying attention and plain staring.
Demonstrate conflict resolution
A perennial favourite, whereby the candidate is encouraged
to display exceptional skills of diplomacy, tact and
maturity when describing how they might (or have) addressed
a personality clash at work. Keep the voice level and
fists unclenched where possible on this one.
Have a passion for the industry
Perhaps more relevant to the more junior candidate,
who must be able to explain why working for a bank is
more breathlessly attractive than a career in the media,
law, engineering or any other pointless pursuit. Using
the justification "My Dad says it pays well"
rarely impresses, as does the all too frequent, "Ever
since I was a child, I've always wanted to be an Investment
Banker," but being able to rhapsodise over the
structure, progression and rewards (intellectual and
otherwise) often will.
Be a team player
It's not enough these days to be able to illustrate
how you stayed behind for an hour for three days in
a row to get a report finished. And no-one likes anyone
who willingly and knowingly uses the word 'maverick'
in any conversation outside of a pub. You are, rather,
reliable, calm and dependable. And you bring in doughnuts
on Fridays.
Be confident, but not arrogant
(even though there are banks which positively encourage
boorishness in their staff). Speaking clearly and concisely
is key, as distinct from mumbling or shouting dismissively.
Keep laughter to a minimum as well, as tension and/or
nerves can induce involuntary shrillness. And, above
all and under no circumstances whatsoever, should you
interrupt or speak over the interviewer – this
is extremely rude and is only ever acceptable in Banking
if you are at VP level or above.
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our Interview Technique advice as a PDF file
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