Becoming an interviewer is certainly not an easy task. The future of a company depends on the interview decisions made by the recruiters. A wise recruiter is capable of thinking strategically and reading between the lines. If the interview process is conducted by people who lack professionalism or valuable insights, then the company may miss out on some potentially great hires.
It is imperative that the interview session should be conducted with the objective of bringing out the required traits in the candidates such as passion, work ethics, problem-solving skills, cultural fit, etc. While talking about finance candidates, the questions framed should offer a closer look at job competencies. This blog delineates some strong general questions which will help the interviewer understand the core behaviors and skills of finance candidates.
1. What is your motivation?
This question helps recruiters understand what is the driving force behind finance candidates. Try to read between the lines of their answers to discern whether their motivation is monetary or if it is regarding their passion for the finance industry. If the person is self-motivated he or she would be able to manage any challenge easily. The spark for recognition and achievement should be ignited. The candidate should be motivated enough to get the desired quality results on time.
2. Tell me something about your biggest achievement
The answer to this question will help the interviewer understand the passion of the candidate to get the work done. Talking about a project and discussing the challenges the candidate faced in getting it done will show both their skill set and their motivation. Try to connect the reasoning with the job position being offered.
3. How far can you go to persuade others?
Finance and marketing are closely related. Many times finance professionals have to persuade and influence customers to accept their product/service/advice or expertise. The candidates must exhibit a suitable approach along with the right interpersonal skills for making an impact on the customer. The interviewer needs to deeply evaluate their answers in order to complete his hunt for the right candidate.
4. Why should we hire you?
Here the candidate should be able to explain to the interviewer how and why he is better than the other candidates. At the same time, the interviewer must notice if the candidate talks more about himself than others. The candidate should be able to justify his candidature for the current job position through his experience, qualifications, achievement in the industry, and interest for the company. The interviewer should be wise enough to understand the fine line between confidence and overconfidence.
5. Would you prefer to work in a team or alone?
This question is a big one. The success of any business lies in building relationships and teamwork. A candidate who prefers to work alone may not be a suitable one for the company. If a candidate expresses his/her ability to work and contribute substantially to the team, take that candidate a level forward. The candidate’s flexibility and adaptability is the key the interviewer has to look for.
6. What are your future plans in five years?
The answer to this question can determine how passionate and focused the candidate is. Also, it will give the interviewer an idea whether the candidate’s career path is in sync with the position he is applying for. It is very important to hire a candidate who will stay with the company for a long time rather than jumping to another position.
7. Are you willing to relocate?
The answer should be an impromptu response. If a candidate really wants to join the company and grab the opportunity offered, he would answer in the affirmative. A hesitation to this answer should be a cause to reconsider the candidate for further rounds.
8. How can you add real value to this organization?
If the candidate has a fair amount of knowledge about the company such as projects, achievements, objectives, future plans, history, etc he can impress the interviewer with this knowledge. The candidate needs to prove here that his skills and knowledge are beneficial for the company and how they can be channelized to make the company an industry leader.
9. What is your preferred working style?
Here you are looking for clues to the candidate’s preferred working hours and their ability to multi-task. Ask about a willingness to work at odd times as opposed to only during specific hours. In a small company, an employee has to handle all sorts of roles and responsibilities. These tasks may require accommodating clients in every time zone. There may be customers from foreign countries, so the candidate should be flexible and comfortable working in every type of set-up. There may be times that an employee has to work overtime to meet deadlines. Make expectations like this very clear beforehand.
10. Do you love playing sports?
This is a tricky question. The question is designed to show whether the candidate has a competitive spirit. The sustenance of a candidate in the financial industry totally depends upon his competitive nature. If a candidate loves playing sports, he probably has the passion to complete a task and knows how to handle situations under pressure.
11. Have you ever dealt with a demanding and adamant client?
This will help to understand the determination of the candidate. If he has successfully dealt with such a situation this means apart from having good communication and persuasive skills, the candidate possesses traits of determination and incredible interpersonal skills.
12. How do you handle stress?
Every business witnesses ups and downs. Staying calm in such a situation is the toughest thing to do. Ask the candidates to cite an example where they have been in a stressful situation and describe how he handled it. This will help the interviewer understand the candidate’s ability to work and perform under pressure and handle difficult situations.
13. What about negotiation skills?
Being a potential finance candidate, it is expected that he should have exceptional negotiation skills. The candidate should be able to use his communication and persuasive skills or present good alternatives in such a manner that it garners acceptance and agreement.
14. Some Finance Industry Specific Questions
Ask some industry and job-related questions. This will help you get a better sense of the candidate.
Strategically framed interview questions serve as a key component in hiring better finance candidates. Apart from the answers, the interviewers should have a closer look at the body language and the candidate’s reactions to the questions asked. Always remember, an ideal candidate is not the one who is trying to win the job but the one who is truly passionate about the opportunity.
Free Online Recruiting Software
Try the 15-day free trial of Recruiteze to understand the mammoth benefits and applications of the online recruiting software. Once you analyze the redundancy in traditional administrative recruiting work you will realize how much time and energy is saved with the software. Clear goal driven policy with the online recruitment software is the new-age recruiting mantra.