commodities or fx/rates entry level interview advice
I have two interviews coming up. Both are for junior trader roles. One at a commodities desk and another at a fx/interest desk. I just graduated from college a month ago. I was an engineering major. Any advice on what kinds of questions to expect/ways to prepare those interviews?
I had an interview with a BB commodities desk some time back. Beyond the conventional competency questions, I had my share of options pricing questions (anything from general knowledge of put-call parity to specifics relating to Black Scholes). That aside, know the global macro trends well for the major commodities (precious/base metals, energy).
As for FX, I was grilled heavily on technicals (then again, this particular bank is famous/infamous for being heavily quant/technical). So know your stochastics/MACDs/Bollinger Bands/Fib inside out as you'd invariably need to use them in explaining the macro trends (especially if they ask very specific questions on a strategy).
Briefly, that's about it for now, but I reckon they tailor the questions to fit your background/experience. I, too, am an engineer btw.
Let me know which banks you're interviewing with and I'll see what I can fill you in...
Totam dolorem quo voluptates pariatur. Dicta voluptatum et voluptatibus rem corrupti sit. Quibusdam dolor molestiae impedit asperiores enim velit. Nobis iusto voluptatem nihil minima consequatur qui.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...