Wolverine Trading Interview Questions

18 total interview insight submissions
Interview Experience (76%)

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.

3.4
  • Very Negative
  • Negative
  • Neutral
  • Positive
  • Very Positive
Interview Difficulty (97%)

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.

3.3
  • Very Easy
  • Easy
  • Average
  • Difficult
  • Very Difficult
% Interns - FT Offers (34%)

The % of Interns Getting a Full Time Offer chart is meant to provide a realistic estimate of the hiring practices of the company based on the reviews 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 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 reviews). Simply put, as a company gets more reviews, the confidence of a "true score" increases so it is pulled closer to the simple company average and away from the average of the entire data set.

20%
  • 0%
  • 10%
  • 20%
  • 30%
  • 40%
  • 50%
  • 60%
  • 70%
  • 80%
  • 90%
  • 100%

Interviews at Wolverine Trading

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Filter by:
Year
Job Title
Group/Division
Location
Experience
Difficulty
Student / Prospective Monkey
Year 2023
Job Title Student / Prospective Monkey
Group/Division N/A
Location Bellevue
Experience
Positive
Difficulty
Average
1st Year Analyst
Year 2019
Job Title 1st Year Analyst
Group/Division N/A
Location Chicago
Experience
Negative
Difficulty
Average
Intern
Year 2019
Job Title Intern
Group/Division Prop Trading
Location Chicago, IL, USA
Experience
Positive
Difficulty
Easy
Student / Prospective Monkey
Year 2019
Job Title Student / Prospective Monkey
Group/Division Operations
Location Chicago
Experience
Negative
Difficulty
Very Easy
Intern
Year 2016
Job Title Intern
Group/Division Prop Trading
Location Chicago
Experience
Positive
Difficulty
Difficult
Student / Prospective Monkey
Year 2017
Job Title Student / Prospective Monkey
Group/Division Prop Trading
Location Chicago
Experience
Positive
Difficulty
Average
Intern
Year 2016
Job Title Intern
Group/Division Prop Trading
Location Chicago
Experience
Positive
Difficulty
Average
1st Year Associate
Year 2014
Job Title 1st Year Associate
Group/Division Quantitative Research
Location Chicago
Experience
Neutral
Difficulty
Average
Trader
Year 2008
Job Title Trader
Group/Division Trading
Location Chicago
Experience
Positive
Difficulty
Difficult
Intern
Year 2014
Job Title Intern
Group/Division N/A
Location Chicago
Experience
Positive
Difficulty
Difficult

Interview Questions & Answers - Wolverine Trading Examples

Software engineering intern Interview

Anonymous interview candidate in Bellevue
Interviewed: September 2023
Date Submitted: Oct 18, 2023
Outcome
No Offer
Interview Source
Applied Online
Length of Process
Less than 1 month
Application
1 on 1 Interview
Interview
I applied online and was given an OA assessment with two simple leetcode style questions. Then was moved on to behavioral stage in which the interviewer asked behavioral questions for the first 30 minutes and then asked technical questions as it was a “mixed interview”.
Interview Questions
Binary tree specific questions
Linked list vs array
Why Wolverine, why fintech
OS questions, thread vs core
Sample Answer

Quant Trader Interview

Anonymous interview candidate in Chicago
Interviewed: January 2019
Date Submitted: Mar 10, 2021
Outcome
No Offer
Interview Source
Applied Online
Length of Process
Less than 1 month
Application
Phone Interview
1 on 1 Interview
Skills Test
Interview
Was Tested through Hackerrank and then conducted 2 phone interviews. Hackerrank was fairly straightforward coding questions with some slightly advanced stats and probability questions.
Interview Questions
Asked about Resume and previous experience.
Sample Answer

Quantitative Trader Internship Interview - Prop Trading

Anonymous interview candidate in Chicago, IL, USA
Interviewed: October 2019
Date Submitted: Oct 22, 2019
Outcome
No Offer
Interview Source
College / University / On Campus Recruiting
Length of Process
Less than 1 month
Application
Phone Interview
1 on 1 Interview
Interview
First received a coding challenge that consisted of some simple coding exercises. Next had 2 phone interviews. One was with a trader and was technical consistently of questions varying from option theory, coding, data science, probability, and a brain teaser at the end. The other was talking with a data scientist about previous work experience and some technical questions on data science.
Interview Questions
They asked some strange questions about coding I did not expect. They asked what the difference between static and dynamic programming languages were and I did not know. They also asked about Big O notation. They also asked about pricing options given an ask and a bid price for options with different strikes if you were to short one and long another. I was also asked a brain teaser about the hat problem where 3 people go into a room with I think 3 red and 2 blue hats. I was also asked about some assumptions of the Black Scholes model and also OLS when I was doing the interview with the data scientist.
Sample Answer

Hedge Fund Operations Analyst Interview - Operations

Anonymous interview candidate in Chicago
Interviewed: January 2019
Date Submitted: Jan 30, 2019
Outcome
No Offer
Interview Source
Applied Online
Length of Process
Less than 1 month
Application
Phone Interview
1 on 1 Interview
Interview
Phone interview with COO then a couple weeks before on site interview with a few members of the team
Interview Questions
Are you sure you are interested in this position?-asked by 2/3 interviewers 3 or 4 times each. Tell me about your internship experiences. Tell me about a time that you had to deal with a conflict. Tell me about a time that you displayed leadership. Tell me about a time that you resolved a conflict with your peers. What are your long term goals?-also asked multiple times by the same person after they received more than adequate answers. Why did you choose your university? Tell me about your computer programming skills
Sample Answer

intern quant trader Interview - Prop Trading

Anonymous interview candidate in Chicago
Interviewed: October 2016
Date Submitted: Nov 13, 2018
Outcome
No Offer
Interview Source
College / University / On Campus Recruiting
Length of Process
1-2 months
Application
Phone Interview
1 on 1 Interview
Skills Test
Interview
The interview process started on-campus and then proceeded with a skills test. Lots of mental math and logic questions.
Interview Questions
Some of the more difficult questions included the algorithm questions that were asked in the online take home test. There was also a I believe minitab output, but could've been another statistical software output and you were asked to identify to things from that output which is something that I have never seen before. Also they asked a questions about strike prices which is pretty uncommon for proprietary trading as most firms alomst prefer that you have no previous financial knowledge coming into the position.
Sample Answer

Data Analyst Intern Interview - Prop Trading

Anonymous interview candidate in Chicago
Interviewed: October 2017
Date Submitted: Nov 14, 2017
Outcome
No Offer
Interview Source
College / University / On Campus Recruiting
Length of Process
1-2 months
Application
Phone Interview
1 on 1 Interview
Skills Test
Interview
Met with a recruiter at career fair, got scheduled for a first round phone interview about a week later. First round phone interview was mostly statistics brainteasers and a couple of coding algorithm questions. Second round phone interview was focused on fit. Onsite interview included multiple technical and behavioral interviews, as well as a test on finance and statistics.
Interview Questions
Phone interviews were pretty standard brainteasers and fit questions. There was a Bayes question, some expected value questions, and a sorting algorithm question. The second phone interview went pretty in-depth into my previous coding experience, so make sure to be prepared to talk about the projects you've worked on in detail. The onsite test was fairly challenging, and was pretty comprehensive. It included more computer science and brainteaser questions, but also lots of stats and finance questions that hadn't been tested on in previous rounds.
Sample Answer

Trading Intern Interview - Prop Trading

Anonymous interview candidate in Chicago
Interviewed: October 2016
Date Submitted: Nov 20, 2016
Outcome
No Offer
Interview Source
College / University / On Campus Recruiting
Length of Process
Less than 1 month
Application
Phone Interview
Interview
They called and asked about things on my resume, then asked if I had coding experience. They gave me an expected value problem.
Interview Questions
No unexpected questions. The expected value question of the die was, "If you had to roll a dice and then roll another, what would be the value I would need in order to roll another dice? (If the first dice) was too low. I was unable to answer this question, and could tell I failed the interview.

Another question they asked was about the experience I had coding, and how I utilized it in my previous internship.

Wolverine Trading seemed to only want the market making side, rather than hire discretionary traders.
Sample Answer

quantitative researcher Interview - Quantitative Research

Anonymous interview candidate in Chicago
Interviewed: October 2014
Date Submitted: Jan 08, 2015
Outcome
No Offer
Interview Source
College / University / On Campus Recruiting
Length of Process
Less than 1 month
Application
Phone Interview
Interview
Submitted application during a campus career fair. Got an interview request right after (less than a week). The interviewer was nice. But never heard back from them after the interview.
Interview Questions
An algorithm question - Got an array mixed of positive and negative numbers. Develop an algorithm to find out the section that contains the maximum sum. For example, for an array with ( -1, 2, 4, -9, 8), the segment of (2, 4) would be the part you are looking for.
Sample Answer

trader Interview - Trading

Anonymous interview candidate in Chicago
Interviewed: February 2008
Date Submitted: Jan 06, 2015
Outcome
Declined Offer
Interview Source
Applied Online
Length of Process
1-2 months
Application
1 on 1 Interview
IQ / Intelligence Test
Drug Test
Background Check
Interview
I applied online and then followed up with the recruiter, I then had to fly to chicago and interview in person. I wore a suit and the people were dressed business casual, I had two interviews b2b first with 2 guys then with 1 guy. A week later they called and told me to read the book 'options volatility and pricing' by natenburg and I would have a second all day interview in a month. They made the travel arrangements, took me down to the floor for most of the day, the recruiter took us out to lunch, then we had the other more in depth in person interviews with the head traders.
Interview Questions
The first one was a six-sided die, that i got one roll and the number of the roll was worth that payout. I.E. If i rolled a 4 it was worth $4 then they asked 'how much would i be willing to pay to play that game. the answer is anything less than 3.5.
2nd question was if i was a basketball coach and i was down by 2 with one possession left, do i take a 2 pointer which has a 50/50 chance of making it and then going into overtime and have a 50/50 chance of winning or do i take the 3 pointer which has a 33% chance of going in. the answer is the 3 pointer everytime cause its an 8% better probability.
Sample Answer

Summer Trading Associate Intern Interview

Anonymous interview candidate in Chicago
Interviewed: November 2014
Date Submitted: Dec 16, 2014
Outcome
No Offer
Interview Source
College / University / On Campus Recruiting
Length of Process
Less than 1 month
Application
Phone Interview
Interview
Technical. Starts off with basic resume walkthrough, why trading (and prop specifically), etc. Then expect some quant questions.. nothing too crazy, straight out of Heard on the Street but they switched around one of the easier options questions which I struggled with
Interview Questions
Options math - know the Greeks, how they're affected to changes in rates, FX, etc., know the assumptions made in Black-Scholes, and the differences between fixed income/FX/commodity/equity options (essentially differences in how those asset classes trade)
Brainteasers - straight out of Heard on the Street, nothing too crazy (10x10x10 cube, snail going up a pole, 1000 bottles of poisoned wine, etc)
Sample Answer