Targeting a job in financial services?
Do you have an upcoming interview and need a list of common financial services interview questions?
Regulatory uncertainty has become commonplace as new standards are being sorted out on the state, federal, and international levels. Financial services professionals should be nimble in adjusting business and operating models to increase profitability. Additionally, candidates should be aware of how to use data analytics techniques to drive business value.
While much focus has been given to the baby boom generation’s financial needs, the 80 million+ millennial generation offers an opportunity for those willing to work over the long-term with a group of individuals who highly value being able to provide for their own financial security rather than rely on a company retirement plan or the government. Job candidates should be able to speak about strategies to engage millennials and how to offer customization in product solutions.
Sample List of Financial Services Interview Questions For Investment, Financial Planning & Insurance Professional
Discuss ways you could find new areas for growth by looking to ease clients’ pain points.
Discuss what the following means to you, “Analysis before action.”
What do you say to clients who are concerned with the security of their information in the face of a cyber attack?
Have you negotiated any mergers or large corporate transactions?
How do issues such as cyber risk and risk data affect your investment strategy if at all?
Talk about your international financial experience.
Tell me about a stock you like and why.
Talk about the challenges associated with going after the “Millennial market.” How would you meet those challenges?
What can you tell me about recent breakthroughs in biotechnology and nanotechnology as they affect new investment opportunities?
Name three qualities of an excellent financial advisor.
If you have 1 million dollars to invest in any financial instruments, securities, or commodities, how would you allocate it?
Do you think there needs to be regulation of financial planning as a profession?
Financial advisors are an aging population and are mostly targeting their peers. What strategies do you have for working with the Millennial generation?
Discuss how you’ve used technological advancements to improve customer relationships.
What is the most important investment criteria for a venture capitalist?
What have you done within the last 6 months to stay current with the latest industry knowledge?
Do you have a client base already in place?
Have you ever been sued or have any reported legal actions?
What is the largest portfolio you have managed?
How do you tailor your investments based on the client’s risk tolerance?
How do you promote client loyalty?
If I were your client, what could I expect from you as my financial advisor?
What licenses or certifications do you hold?