JP Morgan Corporate Banking & Payments Group
Got invited to a superday for a junior year SA internship with JP Morgan in the Global Corporate Banking and Payments group in NY; superday is 3 rounds of 25 min interviews. I'm solid on most behaviorals but need help with technicals.
What do they ask for CB technicals? What are some good resources?
Will there be any "trick questions"?
I have no network/alumni at JP, and no response to cold emails; any help would be much appreciated
Hey alliecat5594, I'm the WSO Monkey Bot and I'm here since nobody responded to your thread! Bummer...could just be time of day or unlucky (or the question/topci is too vague or too specific). Maybe one of these topics will help:
More suggestions...
I hope those threads give you a bit more insight.
sounds like a cash management role, so maybe you'll get asked "what do you know about corporate banking, what are the different products available to corporate banking clients, etc."
You can approach this by explaining where CB fits in to help generate revenue for the Bank:
Had SD with them last year and accepted offer for SA 2022 and am happy to chime in. Overall, probably the easiest SD I have ever had, so don't stress. General format is as follows:
3, 25 minute interviews that run back-to-back-to-back, as you said. One interview will be "technical", one will be straight softball behaviorals, last was a case study for me. Each candidate has them in a different order, so yours could be any combo.
"Technical" - I put it in quotes because Idk if it even qualifies as a technical interview. My girlfriend who studies English could pass it with 30 mins of prep. Know 5 C's of credit, understand risk metrics, and just be able to formulate what you would examine when determining lending terms (i.e., leadership of the firm, RoE, Current ratio, etc...).
Behavioral - Know your CV. Was probably the most serious portion of the interview in retrospect. Know how to articulate your experiences, and more importantly how they are relevant. "Tell me about yourself", "What is your biggest weakness", "Why JPM?" type questions as well.
Case Study - Got sent this day before the interview and had the night to prepare. Examined a company and pitched whether or not JPM should lend to them. Slight work; anyone with a functioning brain would be able to differentiate if they should or not. 10 min presentation followed by questions. Questions seemed pretty uniform, so prep for open-ended ones. TIP: CITE SOURCES FOR FINANCIALS AND YOUR MARKET OUTLOOK. Thought that was kinda a no-brainer, but turns out a lot of other candidates did not lmao.
Good luck and feel free to ask any more specific questions, would be happy to help.
Et et quia ea ab temporibus. Laudantium voluptates incidunt voluptatem sunt tempora. Temporibus porro suscipit nihil nobis velit natus delectus. Unde perferendis maiores consequuntur rem corrupti illum illum. Dolor et itaque rerum necessitatibus.
Commodi ratione animi voluptatem odio. Nostrum exercitationem porro quam earum. Temporibus ut iure aperiam magnam. Id reiciendis eveniet voluptates non aperiam eos.
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...