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Old January 5th, 2017, 04:17 PM
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Join Date: May 2011
Default Re: Bank of America GTS Interview

The procuring procedure at BofA has changed as of late since the securing of Merrill Lynch. Bank of America acknowledges candidates from an assortment of degree foundations, however candidates to innovation projects ought to originate from a Computer Science, Mathematics, Physics, or Engineering foundation, and numerical, specialized and business aptitudes are profoundly esteemed for different parts.

The application procedure at BofA comprises of:

Online Application and Testing

Phone Interview

Appraisal Center

Key Competencies

Bank of America records certain qualities that it searches for in the graduate understudies they contract, for example,

Development and innovativeness

Group working and trust

Administration

Critical thinking aptitudes

Capacity to work in a quick paced environment and multi-errand

Fantastic Communication Skills – must have the capacity to connect with an assortment of individuals

Worldwide viewpoint

Activity

The interview questions for Summer Analyst Interview - What is GTS?

Answer

GTS Stands for Global Transaction Services. How the bank moves money in regards to payments and receipts for clients.

Examples of other questions you may be asked:

Can you describe when you worked in a team/group on a project, and any challenges you faced?
Give an example when you showed resilience or motivation in the last 6-12 months.
When have you dealt with disagreement?
What is your biggest individual achievement?
How do you deal with failure?
Give an example of a time when you influenced a group or person in making a decision?
Describe a time when you have had to analyse data in order to reach a solution.
Describe a time when you have had to do a task without much time to prepare for it.
What have been some recent changes to the Banking Industry, and how do these affect Bank of America?

In addition to typical competency questions, you may be asked:

What are our assets?
What is GDP?
Tell me about a time when you have dealt with clients?
Where would you invest your money right now?
What do you think the Euro will do during the year?
Write a recursive function for the Fibonacci sequence.
What is the difference between equity and debt?
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