competency questions Flashcards

1
Q

who are BofA’s main competitors

A

JP Morgan Chase, Wells Fargo, Citigroup

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2
Q

2 facts about sustainable investment

A
  • since 2007, over 200 billion dollars in financing low carbon and sustainable business activities
  • One the 100 most sustainable companies in the world
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3
Q

Why do you want to work for BofA

A
  • Interest in financial industry, especially banking
  • Big impact possible - create positive impact on world
  • companies drive for innovation - cutting edge of industry developments - innovative thinking and problem solving skills are suited to this environment
  • investment in employee development - i am career driven
  • Diversity and inclusion
  • my skills would be suited
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4
Q

core values

A
  • Deliver Together
  • Act responsibly
  • Realize the power of our people
  • Trust the team
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5
Q

what do the ESG team to

A
  • promote sustainability and ESG principles in banks operations and financing activities
  • integrate sustainability into business prectices and products
  • help clients transition to more sustainable business models
  • overall mission - drive positive environmental and social impact through banks financial activities
  • resonates with me personally
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6
Q

Why this role

A
  • rewarding
  • knowledge of environmental and innovative sustainable technologies
  • exciting technologies - importance of batteries in transition to low carbon future
  • data modelling and analysis skills - valuable
  • project management - own projects, uni projects
  • problem solving under pressure - rapidly changing problems - cmr product launches
  • adaptable - part time jobs
  • presentations
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7
Q

Time you worked as a team

A
  • first project at CMR - NHP -
  • Multidisciplinary team
  • High pressured final phase
  • inaccurate manufacturing process found- faulty geometry
  • brainstorming
  • parallel work streams
  • Statistical analysis
  • reprogrammed 3D surface scanner to measure geometry
  • Consultancy and manufacturing company performing research on current and other methods
  • Insignificant difference and small adjustment in manufacturing process sufficient to launch product on time
  • work fficiently with new team
  • time pressured
  • problem solving
  • communication
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8
Q

Time of conflict

A
  • Midnight munchies
  • Balance of in store and delivery orders - adaptability + time management
  • Impatient delivery driver waiting in store
  • moved delivery driver outside - customer experience
  • apologised, sorted order and added gift
  • Leadership and initiative to allocate resources
  • # further demonstrated time management balancing studies etc
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9
Q

Why are u different from other candidates

A
  • Highly analytical - mathematical modelling of spacecraft
    -self driven - learning about investing externally
  • Interpersonal skills - multiple projects, professional environments
  • Computer skills
  • Time management and organizational skills
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10
Q

Tell us about yourself

A
  • degree, uni
  • CMR - analytical and problem solving skills
  • property investment company - seek out new oppurtunities and manage financial aspects
  • want to work in banking - interested in creating a positive impact through financial activities, proffessional development
  • Rugby + part time job + studies
  • trumpet + band
  • langueges
  • data analysis, problem soliving, and modelling - engineering
  • part time jobs
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11
Q

why IB from engineering

A
  • Interest
  • desire to expand skillshet and learn from proffessionals
  • fast paced challenging nature - exciting
  • career growth and advancement
  • positive impact through financial decisions
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12
Q

Strengths

A
  • problem solving, analytical thinking
  • data modelling
  • qualitative and quantitative analysis
  • Adaptability
  • fast learner
  • time management
  • communication and ability to simplify concepts
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13
Q

weaknesses

A
  • financial knowledge
  • presenting?
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14
Q

What is investment banking / what does an investment banker do

A

Provide financial services- raising capital, M&A, Trading in financial markets, risk management

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15
Q

what do global markets do

A
  • Provide sales and trading services to clients
  • help clients buy and sell financial products - bonda, currencies, commodities and equities
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16
Q

What are primary and secondary markets

A

primary - new securities issued and sold to investors for the first time

secondary - have already been issued and sold in primary market

17
Q

two pillars of business focus

A
  • Environmental Transition
  • Inclusive development - affordable housing, healthcare, education
18
Q

4 Focus areas to meet capital deployment target of 1.5T by 2030

A

asset finance - asset financing and investments
innovative structuring - develop innovative financial solutions for better sustainability
advisory - advise clients on meeting sustainability goals
data, strategy and governance - develop and implement firm wide sustainable finance strategy