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How to prepare for a banking interview: tips and guidance

Prepare for your banking interview like a pro! Explore our valuable tips and guidance to help you stand out and secure your dream job in banking.

September 18, 2024

5 mins

2 people meeting in the standard chartered office

There’s no getting around the fact that stepping into the world of finance demands solid preparation—particularly when it comes to nailing that all-important job interview at a bank like Standard Chartered. Whether you’re aiming for a graduate programme, an internship, or an apprenticeship, knowing what the organisation is looking for can make all the difference. Let’s dive into what it takes to help you shine when it counts.

Finance interviews: questions and answers to prepare

Bank interview preparation 101 is knowing what kind of questions to expect on the day. During Standard Chartered assessment centres, you’ll likely face a mix of competency, strength and personal questions, depending on the role, and they are designed to gauge if you have the right skills, knowledge and attitude.  

How to tackle competency questions

These are all about how you’ve handled situations in the past. A great way to frame your answers is using the STAR technique (Situation, Task, Action, Result). For example, if they ask, “Can you give an example of a time when you worked under pressure?” be sure to outline the situation, what you needed to do, the actions you took and the results you achieved. We know that when you’re applying to graduate roles, you won’t have a whole heap of work experience to draw on, so think about your personal experiences and your hobbies to provide examples here. 

How to approach strength-based questions

These focus on what you’re naturally good at and enjoy. Think about how you’d answer questions like, “What motivates you?” or “What are your greatest strengths?” Aim to highlight qualities that match the banking world—like analytical thinking, attention to detail and resilience. But be authentic – don’t just tell us what you think we want to hear!

How to handle personal questions

Personal questions are there to help interviewers understand you as a person—what drives you, and whether you’re a cultural fit. Questions like “Why do you want to work in banking?” or “Where do you see yourself in five years?” call for honest, thoughtful answers that reflect your true passion for the industry and the bank you’re applying to.

Bank interview preparation for different roles

Understanding the different entry routes into banking is key, as each has its own interview expectations.

Graduate programmes

These are highly competitive, with interviewers expecting you to have a good grasp of financial markets, how the bank operates and how you can add value. Be ready to chat about your academic achievements, any relevant work experience and where you see yourself in the future. 

Apprenticeships

These offer hands-on learning, so interviews will focus more on your willingness to learn, your adaptability, and how you can apply your skills practically. Show your enthusiasm and commitment to building a career in banking.

Internships

Often a stepping stone to a permanent role, internships are your chance to make a lasting impression. Finance internship interview questions may ask you to emphasise any relevant coursework, your specific interest in banking and how this opportunity fits into your career plans. Showing that you’re proactive and keen to learn will help you stand out.

Investment banking interview prep: what to expect

Investment banking interviews are known for being particularly demanding, so you can expect a mix of technical questions that assess your understanding of financial concepts, valuation techniques and market trends. 

Be prepared to discuss recent developments in the industry and demonstrate your ability to think critically under pressure. You’ll also be evaluated on whether you’re a good cultural fit for the high-paced, results-driven environment of investment banking. The key to success lies in thorough preparation—mastering the technical details while also being ready to showcase your enthusiasm for the role and the industry.

Life at Standard Chartered

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  • Application zone

    Ready to apply? Find out what happens next in our application zone, including hints and tips to make sure you’re fully prepared for interviews and assessment centres. 

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