Why do you want to work in back office?
Have a interview coming up next week for a fund accountant position. Can't say I'm really excited about this one but in this economy and my compounding student loan , I'll take whatever I can get. So, how should I answer the "why do you want to work for this position" question?
Because you want to see how the inner workings of the financial system work, and you feel it will increase your knowledge on how the financial system as a whole
hopefully the company you interview is not state street. i heard they pay 30k for 1st year fund accountant and bonus is like 3-5k
Honestly I don't think the firm will know, nor will they care. If you're in Europe especially, you'll be applying online, and the HR won't tell others if you're applying for both FO/BO.
Why Do You Want to Do Operations? (Originally Posted: 02/21/2007)
For all of you who got rejected by all your front office gigs and had to resort to Operations, how did you answer this question in your interview?
Honestly, just don't do operations, even for an internship. Working at an unheard of place (even a non-finance place) is a better internship. I'm sure you can get an internship doing SOMETHING (unless you have a terrible GPA from a terrible school, but even then you should be able to land something).
If operations is truly a last resort as a summer internship, I'd say you like working in the backbone of the firm to drive value...something about how ops supports every aspect of the bank..exposure to lots of different areas of the bank..learning how a huge investment bank works from the ground up..some bullsh*t like that...
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