Corporate Finance - Financial Analyst

Status
1st Year Analyst at
Group/Division/Type
Commercial Banking
City
New York
Interviewed
October 2014
Overall experience
Neutral
Difficulty
Average

General Interview Information

Outcome
Declined Offer
Interview Source
College / University / On Campus Recruiting
Length of Process
1-2 months

Interview Details

What did the interview consist of?
1 on 1 Interview
Please describe the interview / hiring process.
1st round on-campus interview with 2 people, each one for 30 minutes. It was very conversational with 1-2 very basic technical questions sprinkled in. Questions included walking through a DCF. Then about 1 week later, you get an email inviting you to the 2nd round interview in NYC. You go in and begin the interview process. First, they start out with a company overview. Then, you begin interviewing: 1 interview with HR and 3 interviews with people who work there.

To do well in the interview, you should know why CIT, why corporate finance (AKA their version of corp/comm banking at BBs), and know what each group does. Your interviewers will come from a variety of backgrounds, so it's very helpful. Ask good questions. The interviews are somewhat conversational. However, they were following a sheet that made them ask about scenarios (tell me a time when you had to be organized, tell me a time you were in a high-risk situation, etc.).

What really shocked me was the sheer amount of behavioral questions. Be prepared for these in the 2nd round.
Overall Company Rankings
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$5bn+
Est Annual Revenue

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