Corporate Banking Summer Analyst

Status
Group/Division/Type
Corporate Banking
City
Toronto
Interviewed
July 2023
Overall experience
Positive
Difficulty
Easy

General Interview Information

Outcome
Accepted Offer
Interview Source
Applied Online
Length of Process
Less than 1 month

Interview Details

What did the interview consist of?
1 on 1 Interview
Please describe the interview / hiring process.
There were two rounds and the total turn around was roughly 2 weeks (1 week between the first round and second round). There are two teams: Credit Capital Markets and Loan Structuring and Syndications. You will interview with both for a total of 4 interviews (first rounds with both teams, final rounds with both teams). First round consisted of 2 associates, final round consists of 2 VPs for CCM and 1 VP 1 MD for LSS.

Interviewers are generally normal people that represent that strong culture at National. They emphasize behavioural and fit more than anything, I think my "Why National" answer was a strong reason why I got the job (I messed up on two technicals and was still pushed through). Have a strong reason for corporate banking at National. No super polarizing personalities in the office.

Culture: There is definitely a strong comraderie amongst the corporate banking team and they try to host socials. Notably, due to the shorter hours of corporate banking, analysts are not glued to the job and have personalities outside of work (as opposed to maybe investment banking for example). CCM is a larger team that covers all verticals, whereas LSS has 5 people sitting in the Toronto office (much tighter-knit culture in LSS). This was very evident during my internship as LSS would eat lunch together and grab drinks together consistently. Others in CCM, as mentioned, were nice people, but obviously had lives outside the job.

Worth trying to have an intellectual conversation about the industry your interviewer is in. Read the room, some of the people love the industry they cover, others just got slotted in. If you get an interviewer who seems to like their industry, have an intellectual conversation with them about it.
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