Waterfall Asset Management Interview Questions

6 total interview insight submissions
Interview Experience (68%)

The Interview Experience is a score from 1 star (very negative) to 5 stars (very positive) generated based on the Interview Insights at this company.

The number you see in the middle of the doughnut pie chart is the simple average of these scores. If you hover over the various sections of the donut, you will see the % breakdown of each score given.

The percentile score in the title is calculated across the entire Company Database and uses an adjusted score based on Bayesian Estimates (to account for companies that have few interview insights). Simply put, as a company gets more reviews, the confidence of a "true score" increases so it is pulled closer to its simple average and away from the average of the entire dataset.

3.7
  • Very Negative
  • Negative
  • Neutral
  • Positive
  • Very Positive
Interview Difficulty (91%)

The Interview Difficulty is a score ranging from very difficult (red) to very easy (green) generated based on the Interview Insights at this company.

The number you see in the middle of the doughnut pie chart is the simple average of these scores. The higher the number, the more difficult the interviews on average. If you hover over the various sections of the doughnut, you will see the % breakdown of each score given.

The percentile score in the title is calculated across the entire Company Database and uses an adjusted score based on Bayesian Estimates (to account for companies that have few interview insights). Simply put, as a company gets more insights, the confidence of a "true score" increases so it is pulled closer to its simple average and away from the average of the entire data set.

3.2
  • Very Easy
  • Easy
  • Average
  • Difficult
  • Very Difficult

Interviews at Waterfall Asset Management

Filter by:
Year
Job Title
Group/Division
Location
Experience
Difficulty
Summer Associate Intern
Year 2022
Job Title Summer Associate Intern
Group/Division Debt Capital Markets
Location New York
Experience
Very Positive
Difficulty
Average
Intern
Year 2022
Job Title Intern
Group/Division Generalist
Location New York
Experience
Positive
Difficulty
Average
Summer Associate Intern
Year 2021
Job Title Summer Associate Intern
Group/Division Structured Products
Location New York
Experience
Neutral
Difficulty
Average
Summer Associate Intern
Year 2019
Job Title Summer Associate Intern
Group/Division Asset Management
Location New York
Experience
Very Positive
Difficulty
Average
Student / Prospective Monkey
Year 2020
Job Title Student / Prospective Monkey
Group/Division N/A
Location New York
Experience
Negative
Difficulty
Average
1st Year Analyst
Year 2018
Job Title 1st Year Analyst
Group/Division Debt Capital Markets
Location New York
Experience
Neutral
Difficulty
Difficult

Interview Questions & Answers - Waterfall Asset Management Examples

Summer Analyst Interview - Debt Capital Markets

Anonymous employee in New York
Interviewed: January 2022
Outcome
Accepted Offer
Interview Source
Employee Referral
Length of Process
2-3 months
Application
Phone Interview
Group Interview
Background Check
Interview
The interview process consisted of 4 main rounds of virtual interviews. The first, second and third rounds were one on one's with an analyst and two assosciates. The 4th round was a superday lasting 2 and a half hours with VPs and MDs. Mostly behavioural questions but some technicals. Explain a yield curve. If there is a hotel with infinite rooms and infinite tenants and you can move the tenants however you want, how would you fit one extra person in?
Interview Questions
If there is a hotel with infinite rooms, and you can move people around in the hotel and it contains infinite people, how would you fit an extra person in?

Intern Interview - Generalist

Anonymous interview candidate in New York
Interviewed: September 2022
Outcome
No Offer
Interview Source
Applied Online
Length of Process
Less than 1 month
Application
Phone Interview
1 on 1 Interview
Group Interview
Skills Test
Personality Test
Interview
Coffee chats with analysts got me my first round. After that had to take an assessment which was followed by a superday. Heard back a week later.
Interview Questions
How do you find the duration of a bond (gave a scenrio)

Summer analyst Interview - Structured Products

Anonymous interview candidate in New York
Interviewed: September 2021
Outcome
No Offer
Interview Source
Applied Online
Length of Process
1-2 months
Application
Phone Interview
1 on 1 Interview
Group Interview
Interview
Three rounds of interviews. First two were phone screens leading to a super day with around 9 people in the firm ranging from analysts to mds. The process is pretty disorganized. One of my friends also interviewed and the firm rejected him while he was scheduling for his next round. Interview focused more on personality for the seniors while the juniors liked to ask fixed income brain teasers.
Interview Questions
Question about calculating something about a bonds if it changes yield. What is bond duration and prepayment risk? Questions about the financial crisis and the role of rmbs.

Summer Associate Interview - Asset Management

Anonymous employee in New York
Interviewed: October 2019
Outcome
Accepted Offer
Interview Source
College / University / On Campus Recruiting
Length of Process
1-2 months
Application
Phone Interview
1 on 1 Interview
Interview
Three rounds: two one-on-one phone calls with team members, and a final round interview on site in the NYC office
Interview Questions
Tell me a joke

Summer Analyst/Intern Interview

Anonymous interview candidate in New York
Interviewed: September 2020
Outcome
No Offer
Interview Source
Applied Online
Length of Process
1-2 months
Application
Phone Interview
1 on 1 Interview
Interview
HR phone screen with a few brainteasers. Followed by an informational call with the director of the internship program. Eventually a superday with multiple interviewers.
Interview Questions
The questions were standard behavioral questions with a few light fixed income, market, stats, and accounting questions thrown in. No brainteasers during the superday

Summer analyst Interview - Debt Capital Markets

Anonymous interview candidate in New York
Interviewed: August 2018
Outcome
No Offer
Interview Source
College / University / On Campus Recruiting
Length of Process
1-2 months
Application
Phone Interview
1 on 1 Interview
Interview
Quick and easy. lots of brainteasers throughout the process. 2 phone interviews followed by superday at office with around 10 interviews.
Interview Questions
Difficult brainteasers with math, quant finance and coding questions. Behavioural questions about failiures and weaknesses that really challenged me. Questions about why fixed income, why waterfall, why MBS/ABS. Know a lot about abs and what waterfall does as it is very unique. Personal interests,, why did you choose that school. Tell me about your family, siblings etc. Very behavioural overall with a series of difficult brainteasers throughout most inteviews that are not trivial - review quant finance guides.