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715am Morning Meeting Time.
Sales and trading interview prep. Ad We Rank Your Applicants According to Test Scores Certified by Our Experts. The Avg Cost Of A Mis-Hire Is 200 Of Annual Salary. Save Money With Expert-Made Job Tests.
The main categories of sales and trading interview questions are. Fit Behavioral Including your story and Why trading. Why sales Market Including your knowledge of recent events key market indices and prices and stock pitches or other trade ideas.
Product Client Can you explain the Greeks. Do you know what metrics like duration and convexity mean. Sales and Trading Interview Prep Advice.
Entering into the sales and trading interview process can appear daunting. Its true that there are a lot of questions that could be asked and entirely missing on a few of them could be the difference between getting an offer or not. With the Sales and Trading Interview Prep Course you will get access to all 13-guides.
Nothing is held back. These guides covers everything you need to know to get interviews and offers by providing you over 300 real-world sales and trading interview questions and answers. Since youll almost certainly get asked this question in a sales and trading interview you should take the time to craft an answer on your own.
I dont want to be overly prescriptive here. So if you have a great personal backstory - such as a family member being in ST in the past who ignited your interest in the industry - then feel free to include that. If youre looking to join a sales and trading program keep in mind that interviews are always for generalist positions.
Meaning even if you want to work in FX for example you wont be asked just FX questions. Heres a larger list of sales and trading interview questions I put. The sales and trading interview is meant to test for finance knowledge market interest and ability to handle stress.
For sales interpersonal skills and the ability to communicate why a trade makes sense to a client is important. For trading being calm and remaining rational is key. Questions will be rapid fire and test a candidates thought.
The simple truth is that 99 of preparation is the same regardless of the position sales or trading and regardless of the product group. If you are interviewing for sales you need to know the same info that a person interviewing for trading does. How to Prepare for a Sales Interview.
As a sales representative youre uniquely situated to succeed at an interview. Just think of yourself as the product and apply the same principles you would use in any sales meeting demonstrating that youre a good fit and selling yourself to the interviewer. The key to acing a sales and trading interview is preparationand beginning your preparation as soon as possible.
Its a lot easier to begin learning finance concepts gradually than it is to become a fixed-income derivatives expert in two weeks. Convert an undergraduate sales and trading internship to a full-time offer. Enter as a quant after completing a Masters or PhD.
Internally transfer from the mid-office to the front office. Ace your Sales and Trading Interview. Get our Top 10 ST Internship Interview Tips free PDF.
As the most junior trader on my desk I dont actually get to sit in the conference room for the morning meeting. I listen on the phone just in case someone wants to trade during the meeting. 715am Morning Meeting Time.
The morning meeting is where Sales Trading and Research get together and go through a quick recap of the markets. When preparing for sales and trading interviews you should operate under the assumption that at least a few of your superday interviewers are going. For sales and trading preparation I suggest the following.
Know a little bit about the market. You have to show that you have some sort of understanding about the market. Knowing some investment strategies can help.
Increase your quantitative and analytic skills. Developing these skills can be challenging but not impossible. When you preparing for a sales job interview the hiring manager is going to want to hear specific examples of past accomplishments that relate to the job.
Talking on the phone convincing people to see things your way being a good listener overcoming objections dealing with failures and setbacks etc. Sales and Trading Internship Interview Questions. Below are some example questions that fall into the types listed above.
Remember that your interviews will be just 20-30 minutes in length so you want to keep your answers to 2-3 minutes at absolute most. What has been behind the rapid growth in FX trading over the past thirty years. A Guide to Preparing for Sales Trading Interviews In general an ST interview will have 5 unique components.
1 Behavioural questions 40-60 2 Market-based questions 20-30 3 Investment questions 10-20 4 Technical questions 0-10 5 Brainteasers 0-5 Behavioural Questions Behavioural questions in an ST interview are similar to that of investment banking. This website uses cookies to improve your experience. Well assume you accept this policy as long as you are using this website X Accept View Policy X Accept View Policy.
Sales and trading refers to the division of an investment bank responsible for making markets in stocks bonds and derivatives. Salespeople work with asset managers hedge funds insurance companies and other buy-side investors to pitch ideas and to buy or sell securities or derivatives. Like wilder01 said prepare some smart questions ahead of time.
Show genuine interest and be humble and you should be able to make a good impression. Consumption smoothing is retarded. If you stay in this game for a handful of years money will be the least of your worries.
Citi Summer Analyst ST Interview Help Originally Posted. Ive been following this site and the myriad of advice for a while. Ive just been invited for a citi st interview for their summer analyst program in 2010.
Ad We Rank Your Applicants According to Test Scores Certified by Our Experts. The Avg Cost Of A Mis-Hire Is 200 Of Annual Salary. Save Money With Expert-Made Job Tests.