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The Deutsche, JPMorgan, and Morgan Stanley guides to interview success

Goldman Sachs is not the only bank to provide a guide to succeeding at interview. Various other banks do it too. As at Goldman, this advice is usually intended for students. But, as at Goldman it may be of used to lateral hires as well.

If, therefore, you’re thinking of interviewing at any of the banks above, here’s what they suggest will increase your chances of succeeding.


Deutsche Bank

Deutsche doesn’t have a comprehensive presentation like Goldman’s, but does have a short video titled ‘Interview 101’ featuring various members of the New York office discussing what they particularly like in their interviewees.

This includes:

· People who ‘want Deutsche Bank for life.’

· People who are, ‘very well spoken’

· People who ‘tell stories’ and ‘connect the dots’ so that the interviewer doesn’t have to

· People who are funny but not trying desperately to be a comedian

· People with a ‘passion, who want to be persistent, hardworking and have demonstrated an aptitude for success’

· People who will say upfront that they don’t know the answer to a question, but who will also say, ‘If I had to guess, this is where I would go.’

· People who know exactly why they want to work at Deutsche Bank rather than anywhere else.

Deutsche’s bankers also discuss their favourite interview questions which range from:

· Tell me something about yourself that’s not on this piece of paper

To

· What don’t you like to do

· Tell me a time when you’ve been in a situation where you haven’t quite met an objective that someone has set out for you and they weren’t very happy about it – how did you handle it?


JPMorgan

JPMorgan’s guide to interview joy is here and is stultifyingly straightforward.

What they do note is that you need to think of real life examples demonstrating that you really do have the skills (‘competencies’) that are needed for the job BEFORE you go into the interview. And make sure that you smile.


Morgan Stanley

Morgan Stanley’s guide is written here and is most useful for its list of incredibly generic questions which everyone will unfortunately come across in an interview at some time in their life. These include:

· What are the most important things to you in a job?

· Give me an example of a situation where you motivated others.

· Tell me about a time when you worked as part of a team.

· What attracts you to a career in this industry?

· Tell me about a time when you had to develop relationships with others.

· Describe a situation in which it was difficult to obtain information you needed, and how you managed to be successful.

· Describe an instance in which you had a significant impact on a situation.

More interesting than Morgan Stanley’s interview guide is arguably Morgan Stanley’s new careers video, ‘Futures and Options’ which depicts the bank as a hip kind of place full of irrepressible laughter and people having ‘awesome days.’ This is in direct contrast to Goldman Sachs, which is going for a more downbeat message and has someone musing on how life is like a stochastic model.

Comments (2)

Comments
  1. Is it of any surprise that none of the interview criteria assess if the person they are hiring is someone with integrity, and who understands that they are custodians of the economy’s financial flows?

    I don’t think the average joe really needs to deal with a passionately hip and happening banker jerk when they are told their fund has declined 35% – although I’m sure being able to connect the punches and “tell a story” should somewhat get you through the success of mastering irrepresibly nervous laughter that so many bankers had to display to their clients over the financial crisis that, oh boy, did we forget JUST happened?

    i don’t want to think of bankers as fun loving cheerios. i want them to have a semblance of a soul and be extremely competent and accountable for my funds. Only proves that these guys don’t deserve a bailout.

    they NEVER learn. And if that’s the criteria they’re hiring by, makes me wonder if they are severely overpaid on the back of the taxpayer who actually contributes to the REAL economy.

    angry tax payer Reply
     

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