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      Wimmer Financial

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      Junior Analyst Interview

      Jun 10, 2022
      Anonymous Interview Candidate
      London, England
      Declined offer
      Negative experience
      Easy interview

      Application

      I applied online. The process took 1 week. I interviewed at Wimmer Financial (London, England) in May 2022

      Interview

      The interview process was simple, meet everyone in the office and answer questions, prolonging the whole process. However I learned that the Junior Analyst position is unpaid with a possibility of becoming an analyst and then I can earn a salary. Bear in mind that this is central London and near impossible to work for free in one of the most expensive cities in the world to live in. I was immediately disheartened to hear that the role was unpaid and there is no guarantee that you will get a position. The laws state that it is illegal to work for free if you are adding value to your employer, which in this case you would be. You would be doing research, deal sourcing and financial modelling. The website is outdated and was told they mainly do real estate financing. It seems like a interesting opportunity but I can't think of anyone who has student debts to work for free with a possibilty of not getting a salary after a probationary period. My fears were to slave for months only to be let go for a random excuse meaning all your hard work has gone to waste. Yes it would be good to have on your CV but if your employer searches wimmer financial, I'm sure they would be scratching their heads. They have awards which are genuine and the team is nice including the CEO, however the big factor is not being paid and expected to work for the company with no promise of a paid role upon completion of a probationary period.

      Interview questions [1]

      Question 1

      What is Internal Rate of Return?
      1 Answer
      1

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