Summer Intern S&T

Status
Intern at
Group/Division/Type
City
London
Interviewed
October 2011
Overall experience
Positive
Difficulty
Difficult

General Interview Information

Outcome
No Offer
Interview Source
Applied Online
Length of Process
1-2 months

Interview Details

What did the interview consist of?
1 on 1 Interview
Please describe the interview / hiring process.
Applied online without knowing anyone at the company. Completed a required numerical online test. Several weeks after the application I received an email stating that I am invited for a first round interview. First round consisted of 3 1-on-1 interviews with senior professionals from trading and research. One interview consisted of brainteasers only (the simple ones from "Heard on the street", got 10 out of 10 right, interviewer was very impressed), the two others were mainly competency. I was invited for interviews with FX options and rates derivatives 3 weeks later. FX options consisted of 3 30min interviews, one relatively junior trader, one more senior and one MD. The rates derivatives interviews consisted of 5 interviews of various length. The traders interviewing me were from various desks (inflation, sovereign CDS, swaptions, linear rates, Euro short end), and mostly Executive Directors. 5 weeks after the interviews I got a call that I was rejected even though one of the interviewers told me that he would like me to get the internship.
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