Investment Banking Analyst ECM

Status
1st Year Analyst at
Group/Division/Type
Equity Capital Markets
City
New York
Interviewed
October 2020
Overall experience
Very Positive
Difficulty
Average

General Interview Information

Outcome
Accepted Offer
Interview Source
Employee Referral
Length of Process
Less than 1 month

Interview Details

What did the interview consist of?
Phone Interview
1 on 1 Interview
Drug Test
Background Check
Please describe the interview / hiring process.
Interviewed for a trading position but covid stopped the hiring process. Few months later, the interviewer got my resume in front of the ECM team who were looking for an analyst. I had 7 interviews, all through zoom, all one on one. The interviews took 3 weeks. 3 days after my last interview I received a verbal offer, two days after that I got the offer letter. Since it is with ECM and it is a mix of IB and S&T, the technical questions were market heavy. Where do I see markets going? What is currently moving the markets? What ways can a company raise capital through equity? Prepare using an S&T guide. Mostly fit questions are they wanted someone who was a team fit but got a small handful of market questions from each of my 7 interviewers. It's an IB role that sits on the trading floor so it's important to be market savvy.
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Other Interview Data

Associate (Vice President)
Goldman Sachs, CHICAGO, 2016
Trader (Vice President)
HSBC, New York, 2022
Vp (Vice President)
Morgan Stanley, New York, 2021
Vp (Vice President)
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Quantitative Strategist (Vice President)
Morgan Stanley, NA, 2020

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