Getting an Interview
Getting an Interview
Interviews for Top Jobs at ICAP plc
- Broker (11)
- Summer Internship (4)
- POST TRADE RISK (4)
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- Front Office (3)
- Summer (3)
- Summer Intern (3)
- Broker Trainee (2)
- Risk Management (2)
- Intern (2)
- Industry Insight (2)
- Global Broking (2)
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- Post Trade Risk Management Summer Intern (1)
- Industry Insight Intern (1)
- Financial Operations/Accounting Internship (1)
- Summer InternshipVoice Broking (1)
- SummerBroking (1)
- Broker Graduate (1)
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- Graduate Program - Operations (1)
- SummerFront Office Programmer (1)
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- 2015 New York Full Time Position (1)
- Post Risk Mitigation Services (1)
- New York SummerFront Office (1)
- SummerPost Trade Risk Mitigation Services 2015 Programmer (1)
- Global Brokerage Trainee (1)
- Global Broking Placement (1)
- Credit Derivatives Broker (1)
- Accepted OfferPositive ExperienceAverage Interview
I applied through an employee referral. The process took 2 days. I interviewed at ICAP plc (Jersey City, NJ).
Met with senior managers and other line brokers. Basic questions about market knowledge, understanding of the role, pay (commission), and what to expect on the desk. Otherwise was more conversational than inquisitive. Ability to demonstrate market knowledge and knowing traders is a plus.
- Q: Who do you know in the market. Answer Question
- Accepted OfferPositive ExperienceEasy Interview
I applied through a staffing agency. The process took 2 weeks. I interviewed at ICAP plc (Jersey City, NJ) in March 2015.
a very simple process. I got in through a staffing company. My resume was sent over to them and they invited me for an interview in 3 days. After the interview, they sent me to go for drug test at a location closer to my home. Finally, I was asked to come over to their office for them to take my fingerprints. The entire process took about 2 weeks.
- Tell me about yourself. 1 Answer
- Accepted OfferPositive ExperienceAverage Interview
I applied online. The process took 3+ months. I interviewed at ICAP plc (Jersey City, NJ) in March 2015.
Applied online Three stages to my interview: 1) Phone interview- Asks basic behavioral questions. Fairly easy. Conducted by an HR person and was very easy to talk to. 2) Interview at ICAP HQ in Jersey city- more behavioral questions, somewhat easy and no technical questions 3) Assessment center at HQ in Jersey city- Two tests: First was a trading simulation where you made simple calculation (very easy). Second test is a math test that was difficult. Lastly, there was a group project where you had some time to gather some information then present it.
- What is an example of a time you had to sell something? Answer Question
- No OfferPositive ExperienceAverage Interview
I applied through an employee referral. The process took 4+ weeks. I interviewed at ICAP plc (Jersey City, NJ) in February 2015.
Online application followed by a phone interview. The next round is the assessment centre which is a few hours long and consists of 2 mathematical tests, a group project and presentation and a panel interview with two employees.
- No OfferNeutral ExperienceAverage Interview
I applied through college or university. The process took 5 weeks. I interviewed at ICAP plc (Jersey City, NJ).
The hiring process is composed of one phone interview. Some of the questions asked were about company's stock price on that day, greatest weaknesses, three greatest strengths, when has networking payed off and three reasons why ICAP would be a good place for a summer internship. Then some people are called for the second round at ICAP's office in Jersey City. There a group of 10 people is first given a test in a form of couple of market updates (videos with news, index prices and FX). Every news update is followed by three questions about a specific topic that was covered (percentage increases and converting currencies). It is 60 seconds per question while main indices and FX rates are presented on the screen. This test is followed by another test that is made of 40 questions in 40 minutes. All of the questions are calculating percentage changes, or calculating whole parts based on data of percentages, and converting currencies. Questions in both tests are not difficult, but the time is a constraint (some questions demand more time than others). Second part of the second round is an analysis of a company that is followed by a presentation in front of ICAP employees and recruiters. Groups of 3-4 are formed and then given a case of a brokerage company. A group is then supposed to analyze the financials and give its opinion on whether that company would be a good fit for ICAP. After the 3-5 minute presentation, ICAP employees ask questions about financial measures used, feasibility and valuation (estimated stock price). Less than half of the group is then sent home, depending on the test results and the presentation, and the rest is left to wait for the panel interview (same employees that listened to the presentation), final stage of the hiring process. Questions asked during the panel interview are mostly behavioral.
- Analyze a company and give your opinion, based on financial information provided, whether ICAP should acquire it or not. Answer Question
Helpful (1)No OfferPositive ExperienceAverage Interview
I applied through college or university. The process took 5+ weeks. I interviewed at ICAP plc (Jersey City, NJ) in May 2014.
Applied through their college recruiting program online. Was emailed to schedule a phone interview. Interview took about 30 minutes, mostly behavioral (walk me through your resume, weaknesses, etc) with some quantitative questions on the markets and ICAP. Invited for Assessment Center interview in office in Jersey City. Took a quantitative math exam and a short exam on converting between currencies and calculating market cap/share price. Next, did a case study with other applicants on whether or not to buy a fictional company based on their financial statements and short description. Final round was a panel interview with 4 relevant employees, entirely behavioral/standard interview questions.
- What's the price of gold? Price of ICAP stock today? In what units? Who are our competitors? Answer Question
- No OfferPositive ExperienceDifficult Interview
I applied through college or university. I interviewed at ICAP plc (Jersey City, NJ) in January 2014.
Applied through university career center, got scheduled a phone interview a week later. Phone interview lasted about 20 minutes, asked 1. why ICAP? 2. Why this position? 3. A example that networking benefits you. 4. use three words to describe yourself. 5. Previous internship questions. Informed to attend the assessment centre a week later. The assessment centre took about 3+ hours. It began with a ice-breaking session. We were asked to find similarities among interviewees. Then there were two tests for reasoning and quantitative skills. Next we had a tour of the trading floor. Following was a case study about whether ICAP should acquire another brokerage firm. Last session was a 2-1 interview.
- Most difficult part was the case study. There was only 10 or 15 minutes to prepare and discuss about it. Answer Question
- No OfferPositive ExperienceDifficult Interview
I applied through college or university. The process took 2+ months. I interviewed at ICAP plc (Jersey City, NJ).
I applied via my school's online career center and I was emailed back within a week to set up a phone interview. The question's were beyond difficut for a college freshman to answer but I think they asked them to see how we acted under impossible pressure. I made it through the first round telephone interview to be invited to their North American headquarters in NJ during the middle of the school year. I was being interviewed with around 6 other students, all from Boston College and Clemson. We had to take a test that required us to convert USD to EUR to YEN when trading stocks of a hypothetical company (i.e.: you buy 100 shares of Company XYZ which is trading in EUR and you are buying in USD, how many USD are needed) and this is done rapid fire, 30-seconds a question for about 20 minutes straight. Then, we had to evaluate 2 companies and whether or not ICAP should acquire them and make a presentation in literally 5 minutes in which each of us spoke. The girls interviewing with me had a chip on their shoulders and were beyond cady to us while being "team-players" whenever the HR Head picked her head up. I evaluated the company and the two girls took the credit without shame, using my stats when they were speaking. We then had a panel interview with a managing partner, a broker, and the HR Head probing us on our resumes, our personalities and what we do in our free time. Overall, I wish I got the position but the test is what I think got me.
- No OfferAverage Interview
I applied through college or university. The process took 1 day. I interviewed at ICAP plc (Jersey City, NJ) in January 2013.
Assessment Center: 2 numerical tests: a. a trading simulation that was basically about converting currencies. It's extremely easy, so don't sweat it. I went in without anything prepared and think I did fine. b. math test. 20 questions in 20 minutes. This one was more difficult than I would imagine. You have to time yourself accordingly and be sure to READ THE QUESTIONS CAREFULLY. You get some graphs and numbers and basically have to add/divide/multiply/subtract to get your answer. I didn't finish the questions on time... be sure to time yourself! Group exercise: We were put into groups of 4 and basically had to decide in 20 minutes whether or not ICAP should purchase a company or not. You have to create a presentation within these 20 minutes backed up with reasons. PAY ATTENTION TO THE OBJECTIVE. Everyone there will try to be as vocal as possible and basically say things just to hear themselves talk. You need to be more aggressive than necessary to have yourself heard. (I didn't say a lot, which would probably count against me. But I figured that if I didn't know what I was talking about, I shouldn't say things for the sake of saying it.) * ASK QUESTIONS ABOUT THE OBJECTION, even ones you think are silly. This would be helpful in the long run * Panel Interview: You will be interviewed by the HR head and a broker. All the questions I got asked were behavioral ones: 1. Tell us about yourself based on your resume. Add anything on you would want that isn't here. 2. They'll ask you if you had a free day what you would like to do. 3. How you would handle customer situations, etc. Best of luck, guys!
- Group exercise and what could have been done better/how you felt about it. Answer Question
Helpful (1)No OfferPositive ExperienceDifficult Interview
I applied online. The process took 6 weeks. I interviewed at ICAP plc (Jersey City, NJ) in October 2012.
I made sure to fill out the online application carefully, and did research on the questions. I was contacted next day to schedule a phone interview. Phone Interview: 15-20min. Understand what an inter-dealer broker does (as opposed to sales/trading at a bank) and why you'd prefer broking over trading. Might ask what news you've been following that affects their business, what their shares are trading at, your opinion on the financial markets. Brokers often entertain clients, so have something interesting about yourself which is not on your resume, like something you do for fun. Be ready for a solid mix of personality, why you're a good fit for this position (be specific), and a test of market related knowledge questions. Superday/assessment centre: Group exercise, math tests (x2), and panel interview. Be ready to do currency conversion; currency triangles. Don't sweat the math tests too much, if you did well on the SATs you'll do fine. *make sure you show personality during the interview-they don't want introverted brokers
- What news story have you been following and how does it affect our business? Answer Question
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