Standard Chartered bank 2012.--International Graduate Programme

Thanks ochers, d reason I asked was bcos overtime it has been credit risk(default) but latest research by cffi revealed dat political risk has taken d no 1 spot for the first time n dat I think is owing to the bailout issues n also specially standchart has also lamented it influence in their business. I just hope we all get there

[QUOTE=kazal;538805]Thanks ochers, d reason I asked was bcos overtime it has been credit risk(default) but latest research by cffi revealed dat political risk has taken d no 1 spot for the first time n dat I think is owing to the bailout issues n also specially standchart has also lamented it influence in their business. I just hope we all get there[/QUOTE

but credit risk still tops the biggest risk faced by banks in Canada and some other countries hahaha. don't dwell too much on pwc and banana report. hahaha

@ighoeve, don't misconstrue my point we re saying d same thing am only trying to c other views which may bias d decision of this hr guys who U n I both know dat they don't know much about d core business of their employers.

I mean is just like someone saying d primary risk of OTC trades is liquidity risk wen we all know the perennial risk of OTCs is default (counterparty) risk.

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Originally Posted by kazal

I mean is just like someone saying d primary risk of OTC trades is liquidity risk wen we all know the perennial risk of OTCs is default (counterparty) risk.

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indeed hr is unbelievably clueless. that is why top banks now use the managers of business units as interviewers even in stage 1

Hey guys I'm a new member to this forum. I would like to thank you all for sharing your experiences in the interview; with your help I was able to pass the phone interview and am now invited to the final assessment.
In my turn I'd like to share my experience with others have haven't done their 1st interview yet.
Here are the questions I was asked:

- Introduce Yourself
- Why banking?
- Why did you apply for the program?
- Biggest challenge facing SC
- Example of a time you worked in a team
- Example of a time you motivated others
- Example of a time you helped someone overcome a struggle

The interview took around 50 minutes.

I still have the final assessment and once I do it I'll tell you guys how it went. Meanwhile can someone who has done the final assessment please tell us how it was and what it consisted of?

Thank you & Good Luck for all of you!

Sergea

Ur welcome,so what was ur ans for d biggest challenge facing standchart ?

The stong competition from local and international banks + I mentioned the indirect effects that SC could face in case of the default in Greece.

Wat would U say they really want to pick out frm the interview ,I mean is it confidence or how informed U re or zeal or communication skills?

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Originally Posted by kazal

Wat would U say they really want to pick out frm the interview ,I mean is it confidence or how informed U re or zeal or communication skills?

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I think the points you've mentioned will determine how well one can sell any idea, no matter how stupid the idea may seem like. And thanks to Ighoeve for the posted questions as they really came in handy during my yesterday interview which I passed.

In my opinion the phone interview is done to see if you qualify to be interviewed by mangers in the final assesment. So basically having good communication skills and being informed about the bank and the market is very essential.

Congrats to all who made it through. Look forward to meeting y'all @ the assessment centre.

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Originally Posted by sergea

Hey guys I'm a new member to this forum. I would like to thank you all for sharing your experiences in the interview; with your help I was able to pass the phone interview and am now invited to the final assessment.
In my turn I'd like to share my experience with others have haven't done their 1st interview yet.
Here are the questions I was asked:

- Introduce Yourself
- Why banking?
- Why did you apply for the program?
- Biggest challenge facing SC
- Example of a time you worked in a team
- Example of a time you motivated others
- Example of a time you helped someone overcome a struggle

The interview took around 50 minutes.

I still have the final assessment and once I do it I'll tell you guys how it went. Meanwhile can someone who has done the final assessment please tell us how it was and what it consisted of?

Thank you & Good Luck for all of you!

Sergea

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Sergea, iwo ni kan tan, only you for wiki and naija.....

Congrats.

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Originally Posted by otolorin1

I think the points you've mentioned will determine how well one can sell any idea, no matter how stupid the idea may seem like. And thanks to Ighoeve for the posted questions as they really came in handy during my yesterday interview which I passed.

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Another very good news from a newbie. I say somebody on the forum must enter that IGP. Let's see if my prediction will not become flesh.

e go shele.
Congrats!

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Originally Posted by sergea

In my opinion the phone interview is done to see if you qualify to be interviewed by mangers in the final assesment. So basically having good communication skills and being informed about the bank and the market is very essential.

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That is where they get things wrong and unfortunately miss great candidates in the process. HR knows nothing. The world's top investment banks are increasingly conducting first round (phone) interviews using the business managers themselves as interviewers and not some clueless HR officer. For example, if you apply to market risk dept, you will be interviewed by managers from that same dept.

I know SCB will step up someday sha. I will propose this idea any day I have the chance to do so.

I think you are wrong @ighovie. I was scheduled to apply for interview at a past date and it had to be postponed after 30 mis of inter view questions due to the fact that the program i applied for was different from the ones listed on his screen.The interviewer told me he was going to post my credentials to another department so dont think they are "clueless" if not he would have proceeded with the interview. They actually know the exact questions to ask. Dont forget they are looking for people with an "international mindset". so if u dont possess any international degree , you are gonna have to prove to them you have an international mindset which may be difficult. Plus if you are not exactly what your essay says you are, you may also not get through.

@ighovie dont forget The HR folks are people with bright minds like you that google through sites like naijahotjobs and wikijobs. I heard him as he typed cos i wan using an enhanced headset to answer his calls and heard everything he communicated as he was typing. Just go through your essay and make sure you are able to explain your essay better. If they weren't impressed with ur essay you wouldn't have proceeded to the next round. So that interview is summarily a backup for your essay. Check the program you are applying for and look for the qualities they want and prove to the you have the same or maybe even more.All these qualifications will only be verified with a little test of confidence at the final stage. Good luck to all.

Menh wats happenin...these guys r yet to schedule me for the fone assessment interview oo..have sent dem series of emails n dey have replied dat ma query has been forwarded to d appropiate dept both d naija HR team n one chinko name like dat bt am yet to get a feed back since o...wat should i do nw?? Dos havin d same issue, hw did u guys solve urs? Thanks house

Something is definitely wrong here @zeus cos immediately she told me to she was gonna transfer me, i got a new date and time for d phone interview.

@dennis, Pls wat do u fink i should do?? Kinda confussed here ooo! Could it b its cos of d department i applied for...probs dey r nt yet ready to attend to peeps...pls wat did u apply for?? I applied for HR.

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Originally Posted by dennis.cla

I think you are wrong @ighovie. I was scheduled to apply for interview at a past date and it had to be postponed after 30 mis of inter view questions due to the fact that the program i applied for was different from the ones listed on his screen.The interviewer told me he was going to post my credentials to another department so dont think they are "clueless" if not he would have proceeded with the interview. They actually know the exact questions to ask. Dont forget they are looking for people with an "international mindset". so if u dont possess any international degree , you are gonna have to prove to them you have an international mindset which may be difficult. Plus if you are not exactly what your essay says you are, you may also not get through.

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Let me try to make my point very understandable.

The fact that your application was referred to another department does not mean that you would be interviewed by one of the business heads of that department. Get it?
Engaging in hasty generalization is dangerous. That a person is brilliant does not mean the person is brilliant in every subject or endeavor. In the same vein, that a person is ‘clueless’ does not mean that the person is clueless on every subject. I hope this is clear. HR being clueless in this sense means they lack the technical skills and knowledge which will enable them judge an applicant well from a technical finance point of view. My argument remains that first round interviews should be done by business managers and not some clueless HR people. Clueless in this sense means HR does not have the skills needed to engage a well versed interviewee in technical matters. If they had, they would not be HR.

You are saying another thing, and what you are saying is very different from the point I am making. Go read my post again to help you see my point. Clueless is relative. I am as clueless on HR issues the same way they (the HR people) are clueless on using CVAR , VAR and Merton measures to ascertain the extent and range of Market Risk. In this case, I am near a pro even by international standards. However, the HR people would do well on issues related to HR positions. Clear?

And for your information, in my quest of job search, I have interviewed with some of the world’s best companies that SCB does not even come close to. So, I know how well to compare and contrast Standard Chartered Bank with others. I hardly speak loosely; check all my posts from inception to confirm this claim. This does not mean that you have not also interviewed with the likes of Goldman Sachs, Bank of America, Morgan Stanley and co. I don’t know you, so I cannot ascertain your job search history.

No hard feelings. I am just striving to make myself lucidly understood and I hope you get my point now. That they transferred your file to a more suitable department (most probably based on their general knowledge of the bank’s business) does not mean that they are skilled enough to technically judge you fairly in your interview. Unless, of course, you applied for an HR position. This is the point. First round (phone) interviews should be done by each business unit. This is the major way SCB can attract the so called best international graduates that they are looking for.

Meanwhile, don’t forget to share your good news with us, as well as the interview questions, after your interview.

Truly yours,
Ighoeve.

PS: And just in case anybody thinks I have been unsuccessfully interviewed by them, then the person would be making a wrong assumption. I have not. I am talking based on other people’s stories and my personal experience with the world’s largest employers.

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Originally Posted by zeus007

@dennis, Pls wat do u fink i should do?? Kinda confussed here ooo! Could it b its cos of d department i applied for...probs dey r nt yet ready to attend to peeps...pls wat did u apply for?? I applied for HR.

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zeus, dis ur matter get as e be O. hr peeps in the house have long been interviewed. i am 'flabberwhlmed' pe you have not been interviewed. have u sent the talent manager an email? if u have not, please let me know.


na mi,
ighoeve.

@ ighoeve
Given your experience in such job interviews and the fact that you have been through the SCB process before, can you give us some advice about how SCB tends to do their final assessment?
Panel Interview? Case Study? Presentation? ...
And if I'm not based in the country I am applying to, what do they usually do? Is it possible that they do the final assessment on the phone as well?

Tnx

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Originally Posted by ighoeve

zeus, dis ur matter get as e be O. hr peeps in the house have long been interviewed. i am 'flabberwhlmed' pe you have not been interviewed. have u sent the talent manager an email? if u have not, please let me know.


na mi,
ighoeve.

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i have oo...i sent an email to d one u gave me oo...he said i should keep checking d page if a slot would be available...bt as i wait tire, nfin show up i decided to forward a mail to deir HR team n dos peeps directed me of hw to complain on d site which i did. I received a mail from a chinese persons mail statin dat ma queries has been forwarded to d appropriate department..dis was on monday n till date, i neva hear anyfin from em o.
Guy wat do u fink i can do??

well @ighoeve I get ur point no offence. And of course i applied for HR position . @zeus just be calm. You are going to get a time slot soon. Just make sure you check ur mail and scb profile twice daily.

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Originally Posted by dennis.cla

well @ighoeve I get ur point no offence. And of course i applied for HR position . @zeus just be calm. You are going to get a time slot soon. Just make sure you check ur mail and scb profile twice daily.

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thanks bro..i do check ma email regularly...i use a smart fone. N for d chb page, will b checkin it also..really appreciate d assistance guys..God bless oo

Sorry meant scb page..i will b checkin it regularly. Thanks

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Originally Posted by sergea

@ ighoeve
Given your experience in such job interviews and the fact that you have been through the SCB process before, can you give us some advice about how SCB tends to do their final assessment?
Panel Interview? Case Study? Presentation? ...
And if I'm not based in the country I am applying to, what do they usually do? Is it possible that they do the final assessment on the phone as well?

T

Tnx

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The IGP person I know who currently works for Naija's Standard Chartered Bank had all her interviews while in the UK. She did the last one on phone. If you are in the UK, based on how they did it in the past, it is either they ask you to attend the UK assessment centre(pray this is not the case because things can be very competitive) or they do the final assessment through skype or phone. If the former is the case, then you will be treated as if you wanted to work in their UK office. It is somehow.... So, pray that they ask you to do a phone interview or a skype interview for the last stage. Now, if they ask you to choose between doing the final assessment in Nigeria or in the UK, my brother, please tell them that they should fly you down to Nigeria for the assessment. Naijas assessment centres are not as tough as those of the UK..You can still fumble and po and fonu and show yourself with your foreign certificate and some polished english language skills in Naija. It can be very hard to impress in London.

Goodluck.

Abeg guy,no try UK ho. Or else U go tink say U no know anything except thou U do ur undergrad n postgrad for Oxbridge.

Pls help me out here - i need a place to study for the numerical test

My interview went as follows:

Tell me about ur undergraduate degree
Tell about ur post graduate degree
When have u faced a challenge? what strategies did you apply to tackle this challenge? what was the outcome?
When you ever motivate someone? what strategies did you use? What was the outcome?
What are your strengths?
Tip: Make sure your answers to your competency questions reflect your personality in the questionnaire you previously submitted and/or also reflects at least two of their values (Courage, Responsive, International, creative, trustworthy)
What is the biggest risk facing banks?
How do you feel this risk can be managed?
Do you have any questions for me? Make sure you ask at least one reasonable question that youve researched and try to give youre own opinion based on that research then convert it into a question. This is make it more of an interactive session rather than a (question and answer session)

To God be the glory, I through to the next stage, I hope to see y'all soon (particularly our celebrated person (ighoeve) and i hope this helps. Cheers.

Congrats to you Pamach...wat did u apply for?. I applied for transaction banking, jus wondering, is der any1 else who applied for transaction banking and made it through the fone interview?...cheers

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Originally Posted by Pamach

My interview went as follows:

Tell me about ur undergraduate degree
Tell about ur post graduate degree
When have u faced a challenge? what strategies did you apply to tackle this challenge? what was the outcome?
When you ever motivate someone? what strategies did you use? What was the outcome?
What are your strengths?
Tip: Make sure your answers to your competency questions reflect your personality in the questionnaire you previously submitted and/or also reflects at least two of their values (Courage, Responsive, International, creative, trustworthy)
What is the biggest risk facing banks?
How do you feel this risk can be managed?
Do you have any questions for me? Make sure you ask at least one reasonable question that youve researched and try to give youre own opinion based on that research then convert it into a question. This is make it more of an interactive session rather than a (question and answer session)

To God be the glory, I through to the next stage, I hope to see y'all soon (particularly our celebrated person (ighoeve) and i hope this helps. Cheers.

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this is good news Pamach, congrats; again I say at least one person will enter. like play like play, gbam..the offer will come.

job matter is not small matter anywhere in the world.. even oyinbos are fighting so hard to get good jobs. nobody should be ashamed to celebrate that he/she has moved to the next stage of any application process. indeed, every success calls for a celebration.

congrats again Pamach. three house members already sure of attending the AC. more go emerge.

we are watching-

truly yours,
ighoeve.

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Originally Posted by Charlybobo

Congrats to you Pamach...wat did u apply for?. I applied for transaction banking, jus wondering, is der any1 else who applied for transaction banking and made it through the fone interview?...cheers

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I applied for consumer banking.

@Charlybobo. Thanks.

congrats to those that made it thru d phone interview...pls you guys should not go dark on us...i really wanna get d good news dat someone hear made it thru cos from wat i've googled so far people always go dark after d accessment stage

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Originally Posted by ochers

congrats to those that made it thru d phone interview...pls you guys should not go dark on us...i really wanna get d good news dat someone hear made it thru cos from wat i've googled so far people always go dark after d accessment stage

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Ochers, nice observation. You will make a good derivative analyst. It is a matter of asiko.

House, una hear ochers? he just spoke the truth o..make una come back o..dont run away after una don succeed O..House una hear?

Success in the making..

@Ighoeve. Thanks. @Ochers, You have my backing. House do not ignore ochers warning. We have all worked this far. Do not disappoint. For those who fell along the way and are still coming online, stay tuned as ANOTHER OPPORTUNITY WILL SURELY COME, only this tym, guyz go full ground and insurance go cover una.

Any forumites wit issues shud open up no matter how silly it may sound, a problem shared is a problem solved

come to tink of it biggerboyz,u don go this assessment center b4 now even for london so ,wetin u fit give those wey don qualify?