Private Banker Interview Questions

Must be able to speak on all markets and current events a fairly detailed level. Read the WSJ daily!

Yes, of course. I am willing to work as hard as necessary to succeed in this role.

1. Spread the client's financials and generate relevant credit ratios: *Leverage Ratio *Debt Cover Ratio = EBITDA/Interest Expense *Liquidity Ratio = Liquid Assets/Total Assets *Current Ratio = Current Assets (minus cash)/ Current Liabilities *Quick Ratio = Current Assets (minus cash & inventories)/Current Liabilities *Credit Ratings (from S&P/Fitch/Moody) 2. Use the quantitative analysis in tandem with qualitative aspects - company's growth outlook, industry health, client relationship, default history, etc. - to help assess the client's creditworthiness 3. Use these inputs and insights to generate a proprietary risk score (all banks use have their own risk-rating systems based on internal algorithms and historical probability of defaults) 4. Once these factors are computed, use the Bank's reporting parameters to compose a financial write-up that can be delivered to an underwriter and used to help underwrite or manage a credit product. 5. Of course, risk management also involves the maintenance side of the business. To this end, the team of analysts will update the client's financials/ratios and make sure that the client is in compliance with all covenants of its loan. (i.e. margin requirements for loans backed by securities. Does the client have sufficient collateral posted?)

Negative return right now

In data entry I once entered 10000 instead of 1000 and the customer was very upset, had to smooth things over with him and his wife. Question was tough when can't really think of time you messed up majorly.

this is a coveted job for many, including myself, comming out of buisness school. My team started at 5:30 am and ended when we were done. But i was lucky that i rarely worked weekends. This is not for the faint of hear. Big egos. Big expectations. You must be perfect, imperfection is not tolorated. You need thick skin, and want to feel like you are a king of the world. It is an amazing world and an challenged learning experience. Most people leave after their initial contract expires. it will age you but for me it was worth it.

Said I did not have a problem with it, but I know it is hard to get hard to get good Real Estate Agents to use you as a loan office,r and in the past I have not even bothered with it. I am more of a fan with smart marketing, and I think that might of came through in the interview.