for BB sales interview, how well do i need to know about various structured products?

Hi guys, sorry if my question is too general. I am preparing for a BB sales interview and would really like some guidance here.

Basically I know questions like "how do you price xxx" will definitely come up. My question is, how well i need to know about these pricing mechanism of various products? say, I know the underlying factors affecting price of an ELN but do i need to talk about how these factors are structured into the pricing?

any help is much appreciated.

Comments (5)

Oct 31, 2010

I doubt you'd see any of that in an interview.

Oct 31, 2010

Yea, I would doubt you would see anything that specific in a sales interview for an entry level position, and even if you did, getting a question that difficult wrong probably wouldn't ding you.

Oct 31, 2010
Revsly:

I doubt you'd see any of that in an interview.

Billy Ray Valentine:

Yea, I would doubt you would see anything that specific in a sales interview for an entry level position, and even if you did, getting a question that difficult wrong probably wouldn't ding you.

thanks for the reassurance. unfortunately competition is still insane out there:( so i just think i should be well-prepared for this type of product related questions. besides i do have mates getting pricing questions when they went through the recruitment last year.

i apply for graduate roles.

could you advise what kind of questions i should expect the most in terms of technical questions for a typical sales superday/AC?

much appreciated.

Oct 31, 2010

Dude, saying you know the factors that affect the price of an ELN is like saying the factors that affect the price of a vanilla bond and a put/call, because that's all an ELN is.

A principal protection ELN is a Long Call + Cashbond while a yield enhancing ELN is a short leveraged put + cashbond.. you aren't saying much.

Oct 31, 2010