Stockbroker Interview Questions & Answers
Stockbrokers buy and sell shares and securities on behalf of clients. They evaluate the performance of shares and securities on the stock market and provide recommendations to clients.
Whether you're a job seeker preparing to be interviewed for the role of Stockbroker or
an employer preparing to interview candidates for Stockbroker position,
these Stockbroker interview questions will help you prepare yourself for the job interview session.
Stockbroker Interview Questions
Below are a list of some skill-based Stockbroker interview questions.
- What is the best investment decision you have made on behalf of clients?
- What methods would you use to source new clients?
- How do you stay abreast with the latest financial news?
- What would you do if you made a poor investment decision on behalf of a client?
- Which investment strategy do you use to find the best investment for a client?
- Can you explain the difference between the primary market and a secondary market?
- What is the structure of the over-the-counter market?
- Can you explain what ETFs are and what advantages they have over stocks?
- Can you describe some of the characteristics used to set up a mutual fund?
- What are preferred shares of a company’s stock, and why are they beneficial for some investors?
- What is a dividend, and how do they impact the price of a stock?
- Can you explain the term ROE and how it is used by investors to analyze a stock?
- Explain the difference between equity financing and debt financing.
- Can you explain what net asset value (NAV) is and how it is used to analyze an investment fund?
- Why would a company seek private equity investments rather than issue public shares of stock that can be purchased by anyone and traded on an exchange or market?
- How do you maintain new accounts, and how would you revive a dormant account?
- Are there any important trends you see in the industry and market? If so, what are they?
- Why is paper trading used in stock markets?
- Can you explain the two types of orders traders may place in equity trading?
- What is a blue chip stock?
- How would you explain what the stock market is and how it functions to a new client?
- If given this opportunity, how would you build trust with our clients?
- Why do you want to work for our firm in particular? What was it about the job posting that attracted you?
- How would you describe your sales technique?
- What's the thing you enjoy most about working as a stockbrocker?
- What was your least favorite thing at your previous job?
- Can you tell me about a time you faced significant pressure at any previous job and how you managed to overcome it?
- How did you improve as a stockbrocker over the past year?
- Did you ever make a serious mistake at a previous job? If so, how did you handle it and how did you communicate with your supervisors and the client?
- Why did you decide to become a stockbrocker?
- Can you tell me about a time when you took a major calculated risk and it paid off?
- What were your most often-used trading methods in your previous stockbrocker roles?
- Did you ever have to work with a difficult client? If so, what did you do differently to reach out to them?
- What is your assessment regarding how our company conducts its business, based on what you've seen in other similar organizations?
- Can you talk to me about a stock in your portfolio and pitch its value to me right now?
- What are two of the most important things that happened in the U.S. markets last week?
- Why do you think the 2008 financial crisis happened?
- How does U.S increasing its interest rate affect the USDCAD exchange rate?
- What do you think are the main objectives of the Federal Reserve?
- How would you describe quantitative easing?
- Why are preferred stocks generally more appealing to investors than common stocks?
- What is your view on insider trading?
- What are the main differences between stocks and bonds and what ratio of each should an investor have in their portfolio?
- Can you describe a callable bond's convexity?
- How would you invest $1 million?
- Can you describe a simple options strategy if you expect a stock's price to change significantly but don't know in what direction?
- Tell me about an effective financial plan which you developed for a client.
- How would you deal with a difficult client's claim?
- What would you do to help it get processed, and to help the client understand the policy better?
- What kinds of insurance are you most comfortable with already?
Stockbroker Interview Questions and Answers
Every interview is different and the questions may vary.
However, there are lots of general questions that get asked at every interview.
Below are some common questions you'd expect during Stockbroker interviews. Click on each question to see how to answer them.
- What is Your Salary Expectation?
- Tell Me About Yourself
- Are You a Leader or a Follower?
- Why Do You Want To Leave Your Current Job?
- What Is Your Greatest Accomplishment?
- What is Your Greatest Strength?
- What is Your Greatest Weakness?
- Why Should We Hire You?
- Do You Have Any Questions for Us?
- Why Do You Want This Job?