Berenberg FT Analyst NYC Interview

Based on the most helpful WSO content, lateral interviews for investment banking roles, including generalist positions like the one at Berenberg, tend to follow a structured yet group-dependent process. Here's what you can expect:

1. Initial Screening:

   • Typically, the first step involves a phone interview or an HR screen. This stage focuses on behavioral questions, such as why you want to join the bank, your interest in the role, and what you can contribute.

2. Technical and Behavioral Rounds:

   • Subsequent rounds often include a mix of technical and behavioral questions. Be prepared for questions on accounting, DCF, comparables, and potentially LBOs, depending on your experience level.
   • Behavioral questions may dive into your deal experience, teamwork, and fit within the team.

3. Case Studies or Modeling Tests:

   • Some firms include a case study or modeling test as part of the process. This could be a take-home assignment or an in-office exercise, testing your ability to analyze and present financial data.

4. Superday:

   • The final stage might involve a superday with multiple interviews. These could include senior bankers and team members, focusing on both technical skills and cultural fit.

Preparation tips: - Review your deal experience thoroughly, as lateral interviews often emphasize this. - Brush up on technical skills using resources like the M&I interview guide or basic modeling courses. - Be ready to articulate why you want to join Berenberg specifically and how your background aligns with their needs.

Good luck with your interview!

Sources: Lateraling Guide for Investment Banking, Q&A: HF Analyst @ $5bn+ Fund - Breaking In and Transition to Risk-Taking Role, 20 Most Frequently Asked Questions - London Edition, Guide to Lateraling in 2021, Q&A: 3rd year analyst at a boutique PE fund in the SEA region