Top Tips for Securing Banking Positions

Transcription

1 Top Tips for Securing Banking Positions

2 Agenda Title 1 Aim of Interview 2 Interview Preparation 3 First impressions count 4 Start interview/build rapport 5 Answering questions 6 What skills are we looking for? 7 Conclusion 8 Structure of Investment Banking interviews 9 Q&A 10 Rothschild Opportunities 1 Agenda

3 Aim of the interview You To develop a rapport with the interviewer To give the best impression of yourself To secure an offer Us Evaluate candidate suitability for: Firm and culture Competencies to be successful in the role Answer candidate questions Give a good impression of the firm Be able to reach a hiring recommendation 2 Aim of the interview

4 Interview preparation Things to do in advance of an interview: Research research research Attend company presentations and career fairs Understand the company s business model Read about recent news articles involving the company Understand the market area of the company (i.e. Investment Banking = credit crisis) Talk to friends/contacts who are in the industry/company to get a greater understanding of what it involves Plan the questions you want to ask 3 Interview preparation

5 First impressions count but let them see what is beneath The Iceberg of Differences Decisions from CV reviewing through to offer are all impacted by personal judgment Let the interviewer see the depth of your personality during the interview Gender Physical Ability Iceberg of difference Ethnicity Waterline of visibility Age Nationality Language Religion Values Heritage Function Life Experience Education Skills Beliefs Thought Processes Talents Family Status Perspectives Sexual Orientation 4 First impressions count but let them see what is beneath

6 Start interview/build rapport Shake hands with the interviewer firmly and look them in the eye Introduce yourself and give your background (once asked) Hello, I m Clare. I am a 2 nd year student studying history at Cambridge. Smile confidently Maintain good body language and posture throughout 5 Start interview/build rapport

7 Answering questions Follow lines of questions using the STAR answering technique Situation Outline the situation Task/Role Action Result What was your role? What were the most challenging tasks you faced? How did you decide which to address first? What exactly did you do? Why that? What other actions did you consider? Who exactly did what? What was the result? What should you have done better? What did you learn from the experience? 6 Answering questions

8 What skills are we looking for? Drive and ambition Commitment Judgement Creativity Delivery Presence Good technical ability 7 What skills are we looking for?

9 Ask questions This is your opportunity to close the interview on a good note Try to ask a question about the interviewer. For example, You mentioned that you started a career in law, why did you choose to move to Investment Banking? Everyone likes to talk about themselves! 8 Ask questions

10 Conclusion Prepare Know what you want to get out of it Build rapport Aim to give a good lasting impression Use STAR technique to answer questions Ask questions 9 Conclusion

11 Structure of Investment Banking interviews Industry standard Online application via company websites Online tests, typically SHL 1 st round interview consisting of 1 interview with 2 interviewers Competency based Can be with HR and 1 Investment Banker 2 nd round interview consisting of multiple interviews with 2 interviewers in each interview Competency based but with a technical element Some banks have assessment centres e.g. Morgan Stanley, JP Morgan, UBS, BarCap and RBS Rothschild specifics Tests completed in person as part of the 1 st round interviews Social event for all attendees of the 2 nd round interviews with new graduates No assessment centre 10 Structure of Investment Banking interviews

12 Q&A 11

13 Rothschild Business Presentation Tuesday 26 th October 6:30 9:30pm University Arms Presentation, drinks and Canapés Sign up via our website

14 Graduate Programme Opportunities Investment Banking (Advisory, Equity Advisory and Debt Advisory) positions in the UK, 90 worldwide Global Graduate Training Programme 6 week classroom training in London Teambuilding weekend ( Outward Bound ) Regulatory exams (UK only) Application Process Open now: Closing date: Sunday 1 November 2009 First Round 30 minute interview with an Investment Banker and Recruiter Verbal/numerical reasoning tests Final Round mid November 2009 Interviews 12 Graduate Programme

15 Summer and Long Term Internship Programmes Opportunities for students eligible for 2011 Graduate Programme Investment Banking (Advisory, Equity Advisory and Debt Advisory) Summer Internship positions in the UK Long term Internship positions with start dates September, January and March Structured Programme Summer Internship - 10 week internship from June to September 2010 Long term Internship month internship in London Applications Open now: Closing dates: Sunday 3 January 2010 (Summer Internship), 20 November 2009 (Long term Internship) First Round 30 minute interview with an Investment Banker and Recruiter Verbal/numerical reasoning tests Final Round Several Interviews with Investment Bankers 13 Summer and Long Term Internship Programmes