Excel Test for Special Servicer Interview

Have a final round interview coming up later this week with one of the big special servicers (think C-III, CW, LNR, Torchlight) for an analyst position. They have an Excel test that they conduct on-site during their final rounds. When I asked about it after my last interview, the analyst said "as long as you're a 3.5 on a scale of 1-5 in Excel, you should be okay with it." This means different things for different people so I'm trying to be safe and make sure all of my bases are covered.

So far I've been going through the BIWS modeling course and looking at how the core concepts apply to RE. I'm kind of expecting them to just want to test whether or not you know some of the specific functions (like Vlookup, sensitivity tables, etc), so I'm trying to get familiar with those too. Anyone have any more ideas on what to look for?


To begin preparing for an excel test interview, JobTestPrep has everything you need to know for Excel Testing Interviews, including a myriad of questions with thoroughly explained answers.


 

I heard their excel tests are extremely intense. You should know basic macros, VBA, and how to structure standard return waterfalls. Also, make sure you brush up on dilution analysis and how to create LBO models from scratch. Other than that, you should be good!

 
LNRFinalRoundInterview:
I heard their excel tests are extremely intense. You should know basic macros, VBA, and how to structure standard return waterfalls. Also, make sure you brush up on dilution analysis and how to create LBO models from scratch. Other than that, you should be good!
What is this guy? Why is your screenname "LNRFinalRoundInterview," and why would you need to know how to build a freakin' LBO model from scratch at a mortgage servicer interview?
 
prospie:
LNRFinalRoundInterview:
I heard their excel tests are extremely intense. You should know basic macros, VBA, and how to structure standard return waterfalls. Also, make sure you brush up on dilution analysis and how to create LBO models from scratch. Other than that, you should be good!
What is this guy? Why is your screenname "LNRFinalRoundInterview," and why would you need to know how to build a freakin' LBO model from scratch at a mortgage servicer interview?

^This

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (86) $261
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (145) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Betsy Massar's picture
Betsy Massar
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
CompBanker's picture
CompBanker
98.9
8
kanon's picture
kanon
98.9
9
bolo up's picture
bolo up
98.8
10
Jamoldo's picture
Jamoldo
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”