FDIC Financial Institution Specialist Interview Questions | Glassdoor

FDIC Financial Institution Specialist Interview Questions

24 Interview Reviews

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Financial Institution Specialist Interview

Anonymous Interview Candidate in Arlington, VA
Declined Offer
Positive Experience
Easy Interview

Application

I applied online. The process took 3 days. I interviewed at FDIC (Arlington, VA) in June 2016.

Interview

This process is not as demanding as expected. You are given ample time to prepare for the interviews and assessments. Really all you need to do is be yourself and show them why you should be hired. There will be a lot of people there who won't get hired in a million years, but are there for race, age, gender etc reasons. Be likable and be willing to help during the team assessment.

Interview Questions

  • I signed a confidentiality agreement. Other people have broken this. Look at theirs. Advice is to come up with a story for each question. Let them really understand your skills.   Answer Question

Other Interview Reviews for FDIC

  1. Helpful (1)  

    Financial Institution Specialist Interview

    Anonymous Interview Candidate in Arlington, VA
    No Offer
    Positive Experience
    Difficult Interview

    Application

    I applied online. The process took 3 days. I interviewed at FDIC (Arlington, VA) in May 2016.

    Interview

    2 Day Recruitment Event with an Offer given on the morning of the 3rd Day. Business dress is a MUST! Very strict security and no wondering around by yourself once the day starts.

    Interview Questions

    • There are 5 testing areas which can be a little stressful. The stress is all the down time and waiting in between.   1 Answer
  2.  

    Financial Institution Specialist Interview

    Anonymous Interview Candidate in Arlington, VA
    No Offer
    Negative Experience
    Difficult Interview

    Application

    I applied online. The process took 3 days. I interviewed at FDIC (Arlington, VA) in April 2016.

    Interview

    It is a 3 day event where they explain exactly what you are getting yourself into. They place emphasis on the amount of traveling that will be done the first four year of employment. There were 5 different tests/situations that you were graded on so even if you bombed one you still had a chance to be hired.

    Interview Questions

    • You are made to sign an agreement that you will not discuss interview questions or scenario information   1 Answer
  3.  

    Financial Institution Specialist Interview

    Anonymous Interview Candidate in Arlington, VA
    No Offer
    Positive Experience
    Average Interview

    Application

    I applied online. The process took 3 days. I interviewed at FDIC (Arlington, VA) in February 2016.

    Interview

    Three day interview process. They walk you through exactly what you would be doing. They want to make sure you are prepared to make an educated decision when accepting a position or not. During that process they also evaluate you and make sure that you are what they are looking for in an employee. I cannot go into detail about what tests you will be given, however I will say they are fairly simple the biggest thing is to FOLLOW and READ the directions fully. Do not let your nerves get to you and be social... in a professional way. I loved the experience and feel they do a wonderful job with this process of providing information to the potential employee and assessing them as well. Teamwork is essential.

    Interview Questions

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  5. Helpful (10)  

    Financial Institution Specialist Interview

    Anonymous Employee
    Accepted Offer
    Neutral Experience
    Average Interview

    Application

    I applied through college or university. I interviewed at FDIC.

    Interview

    Did an internship summer after my junior year in college. Analyzed 3 separate banks performing different duties. After internship, spent one week in Washington D.C. going through an array of interviews/tests to see if I was qualified. Tests were 1) math test doing simple revenue / profit analysis, teamwork exercise as industrial-organizational psychologists studied our behavior, writing exercise (most frequently failed) and a business-analysis exercise where employee has to convince a team of executives why he/she chose the option.

    Interview Questions

    • Describe a situation in which something did not go as planned and how did you react to the situation? What was the outcome?   Answer Question
  6. Helpful (23)  

    Financial Institution Specialist Interview

    Anonymous Employee
    Accepted Offer
    Positive Experience
    Average Interview

    Application

    I applied online. I interviewed at FDIC.

    Interview

    Interview lasted from noon on Wednesday to Thursday evening. Friday morning they let you know whether you are offered a position. Assessment process consisted of a writing/grammar assessment, an individual presentation, a group presentation and a 1:1 interview (with three interviewers). I believe they are looking for the "whole package", not necessarily a certain "look" Can you read/write in coherent thoughts, sentences and paragraphs and tie it all together or do you write in slang or write like you text? The solo and group presentations and solo interview were not difficult though they could be a little nerve racking because you don't know exactly what to expect.

    I believe it's important that you know the difference between business dress and business casual. Again, if they are looking for the "whole package" to fit into their culture, you need to dress and act like you really want to be part of their culture. (Remember, when you walk into a bank on examination day, you need to LOOK PROFESSIONALl). It probably doesn't hurt to also engage with the employees, all the way from security at the front door to the highest level in the organization. Do you think all of those FDIC "volunteers" (the people that help you get to where you need to go) are not also observing you? I can't say that they DO have input into whether you are selected or not, but it seems to me that they are in a great position to provide feedback to those that do make the final selection.

    My observation is that the interviewees who asked lots of (what's in it for me) questions, those who used poor judgment in discerning between business dress and business casual and those that exuded over-the-top confidence because they currently work for the government were not offered a position. I'd recommend being confident, taking charge when necessary (but don't be overbearing), being humble, and doing some homework about the agency before you show up so that you are not the one asking 1,001 questions and getting every other applicant annoyed with you.

    The FDIC performs a public trust background check on you (after you accept your tentative offer) and before they give you the final offer letter. Know what a public trust background check entails so that if you are offered the position, you are not disqualified based on not being able to pass that part of the process.

    It was a nice get-away, the entire FDIC staff was very professional, and the entire trip was paid for.

    Interview Questions

    • No assessment, presentation scenario, or interview question was hard; complying with the time constraints to complete each assignment presented a bit of a challenge.   Answer Question

    Negotiation

    No negotiations. However, over the course of four years you can move from approximately $50k to $80k as long as your performance meets or exceeds standards.

  7. Helpful (8)  

    Financial Institution Specialist Interview

    Anonymous Employee
    Accepted Offer
    Positive Experience
    Difficult Interview

    Application

    I applied online. The process took 3 days. I interviewed at FDIC in January 2015.

    Interview

    The interview was conducted over a span of two days with an offer being extended after breakfast on the third day. This a testing interview and there are plenty of things they are looking for: initiative, teamwork, and how well you fit in the culture. They also look for you to justify any decisions made during the tests.

    The process is nerve-racking. Out of 44 people, 13 were hired. I don't believe all field offices were able to pick someone; according to another applicant hiring managers are unable to pick anyone who scores below a certain threshold. If you fail too many of the tests and the interview, then you won't be hired. Some of the people offered the position felt they did poorly in one test but average/above average on the rest, so doing poorly in one area won't hurt you too badly.

    And don't be afraid to make a social faux pas. I made one. Another guy made one. We were both hired. You're going up against accounting experience, advanced degrees, and veterans. It's a tough competition. You'll be tempted to act like a shark - don't. No one who received an offer acted that way. Be polite, make friends with your group, discuss the position with your recruiter and your interviewers, and more importantly make sure the FDIC is the right place for you.

    Interview Questions

    • They have themes for each question, of which there are four. I would go in knowing three or four characteristics about yourself you'd like to share with them and have one or two examples for each one. All of the questions here already are similar to the questions I answered.   Answer Question
  8. Helpful (16)  

    Financial Institution Specialist Interview

    Anonymous Employee
    Accepted Offer

    Interview

    After a resume screen, you go to DC for a two day final interview. You have to do a simple math case, team work assessment, writing assignment, and interview. The writing assignment is the most important -- if the writing isn't satisfactory, you won't get an offer even if the supervisor really likes you.

    Interview Questions

    • Nothing is difficult, as they ask the same questions every time. When I interviewed, I already knew the exact questions they'd ask because of GlassDoor. But be prepared that in FDIC interviews, they ask a question and then the interviewers do not say a word. They just stare at you and see if you hit the required points on their rubric. It's very awkward.   Answer Question
  9. Helpful (4)  

    Financial Institution Specialist Interview

    Anonymous Interview Candidate
    No Offer
    Negative Experience
    Average Interview

    Application

    I applied online. The process took 3 days. I interviewed at FDIC.

    Interview

    Once you are selected for an interview they fly you out to Washington to participate in a 3 day assessment process. The 3 days go by fast because they keep you busy the entire time. The first day you take a proof reading test and write an essay. The second day you have two presentations and your interview. The last day they let you know if you have been selected for a position. I believe these three days are a complete waste of time. I believe they have a certain look they are going for.

    Interview Questions

    • Name a time you used your interpersonal skills to persuade someone to go into a different direction.   Answer Question
  10. Helpful (7)  

    Financial Institution Specialist Interview

    Anonymous Employee
    Accepted Offer
    Positive Experience
    Difficult Interview

    Application

    The process took 3 days. I interviewed at FDIC.

    Interview

    It was a recruiting event that lasted three days. It includes writing assessments, individual presentations, group presentations, and panel interviews. You are tested in the following area: grammar and sentence structure, writing style, math, accounting, team work, and adaptively.
    At the end of the three day recruiting event you will find out if there is a job offer or not.

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