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      Bank of America

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      Trader Interview

      1 July 2024
      Anonymous employee
      London, England
      Accepted offer
      Positive experience
      Difficult interview

      Application

      I interviewed at Bank of America (London, England)

      Interview

      Video recording, Hr screen, onsite technical (a series of several mini cases that take the place over a whole day, mcq with computations, markets knowledge, case studies, group exercises), final call optional

      Interview questions [1]

      Question 1

      P&L and link with greeks options
      Answer question

      Other Trader interview reviews for Bank of America

      Trader Interview

      28 Oct 2023
      Anonymous employee
      Accepted offer
      Positive experience
      Easy interview

      Application

      I interviewed at Bank of America

      Interview

      pretty straightforward process. hireview (the automated video thing), followed by superday. multiple rounds ~ 3. each round can have multiple interviewers who might be from different teams. get to meet people from different background and work experience

      Interview questions [1]

      Question 1

      views on markets standard behavioral stuff
      Answer question

      Trader Interview

      7 Mar 2011
      Anonymous interview candidate
      No offer
      Positive experience
      Difficult interview

      Application

      I applied through university. The process took 1 day. I interviewed at Bank of America in Oct 2010

      Interview

      Got the interview through networking. Interviewer was very friendly, but irreverent - a real trader. Have your math skills very polished, as well as intermediate knowledge of some specific products. The interviewer practically dismissed me after 20 minutes because I wasn't really up to par with what he was expecting. Great practice and great experience overall. Absolutely know these: -bond pricing -forward pricing - got 2 questions on these -statistical distributions: normal, lognormal, geometrical, poisson, binomial --> what the differences are, which are used where - know benchmark 10yr note, some exchange rates, s&p, that kind of stuff

      Interview questions [2]

      Question 1

      If the GBP-JPY rate today is x and I want to make a forward contract for one month from now, will it be cheaper or more expensive?
      Answer question

      Question 2

      The bond sells at ar for 1000, 5% coupon, 1% risk free interest rate. A 1 month forward contract would be settled at premium or discount?
      Answer question