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Location: Goldman Sachs

Discussion: Private Wealth Management Interview Questions


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jaysonldavis

jaysonldavis
Private Wealth Management Interview Questions
Jan 28 2008, 7:51 PM EST
it was mainly a fit / situational interview. They asked the typical "Why PWM", "Why Seattle", "Why Goldman" questions. Then I was asked to point out the strengths and weaknesses in my resume. "Why would you be good at this job?" "How would you go about sourcing new clients, since you are a transplant to the area?" Then they asked me to role play a sales pitch to the interviewer who acted as an individual who had just sold his company for $50MM cash. He definitely played the "tough guy" role during this part of the interview and pushed back on a lot of my ideas. Don't bring up any investment products or theories that you don't completely understand. When he asked what kinds of products GS offers, I started listing a bunch. He stopped me when I mentioned derivatives and asked me to explain what that meant. Every reply was followed by something like: "Ok, but I don't understand what that means. Can you explain that some more?" until I basically ran out of things to say about derivatives. Also, be sure that you are up to date with current events in business news and the general business and economic climate. There was a particular news story that I hadn't read in detail that he made sure to bring up and ask me details about (which was fun.) Make sure you do some practice interviews and know a lot about Goldman's business. 2  out of 2 found this valuable. Do you?    
jonathanrshaw
jonathanrshaw
RE: Private Wealth Management Interview Questions
Jan 28 2008, 11:18 PM EST
Thanks Jayson, this is great! Do you find this valuable?    

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