JP Morgan Commercial Banking Possible
Interview Questions ACTUAL QUESTIONS
AND CORRECT ANSWERS
Tell me about yourself - CORRECT ANSWERS Important things to touch on:
- Extremely hard working
- Attention to detail
- Worked hard to improve my skills so that I could be a strong match for a position at JP Morgan
- Excellent client service
- Strong communication skills
- Excited about the possibility of working at JP Morgan
Why JP Morgan - CORRECT ANSWERS First of all, I am an ambitious person who seeks
to work at a firm where I will be constantly challenged and pushed every day in my role. I want
to continue educating myself about topics that I am passionate about and believe that by
surrounding myself with some of the smartest minds in the industry I will be able to do just that.
Secondly, JP Morgan holds itself and its employees to the highest possible standard. I would be
passionate about working at a place where the values align with my own. This standard also sets
JP Morgan's reputation amongst clients above others on Wall Street from what I have heard.
Lastly, JP Morgan has unparalleled access to resources and information. And the fact that they
have so many different groups within the same firm allows them to provide the best possible
client experience. JP Morgan was described to me as more of a technology company than
anything else at this point because of its extreme dedication to being the most informed and
innovative firm on Wall-Street.
What are JP Morgan's Business Principles - CORRECT ANSWERS There are 4 core
business principles at JP Morgan:
1) Exceptional client service, you always focus on the customer and invest in their long term
success.
, 2) Operational Excellence, you have an incredibly strong reputation and set high standards for
your employees. You have a disciplined approach to risk and year after year maintain some of the
best margins on Wall Street
3) You create a positive working environment for everyone that demonstrates your humanity and
culture.
4) You hire a diverse and talented team of people that results in a great team and a winning
culture. This is why your employees seem to love JP Morgan and why I could see myself
working there for an long time
What are your strengths and weaknesses? - CORRECT ANSWERS Strengths:
- Ability to assess risk and act appropriately under the stress of making a difficult decision. Give
Philmont example
- I am dedicated to constantly be learning and developing myself both personally and
professionally
- I have a dedicated work ethic and am known by those close to me as someone who never leaves
a job unfinished
- I have very strong communication and personable skills that will help me work well with my
coworkers and potential clients
Weaknesses:
- I would say that I have a habit of taking on too many responsibilities or committing to too
many things at once, putting myself in a situation where I can get overworked from time to time
JP Morgan Stock Price (11/11) - CORRECT ANSWERS $114
Balance Sheet - CORRECT ANSWERS Shows a company's financial condition at a
specific point in time.
Shows: firm's current assets and liabilities as well as more long term assets and liabilities. Also
notes equity
Assets = Liabilities + Equity
Interview Questions ACTUAL QUESTIONS
AND CORRECT ANSWERS
Tell me about yourself - CORRECT ANSWERS Important things to touch on:
- Extremely hard working
- Attention to detail
- Worked hard to improve my skills so that I could be a strong match for a position at JP Morgan
- Excellent client service
- Strong communication skills
- Excited about the possibility of working at JP Morgan
Why JP Morgan - CORRECT ANSWERS First of all, I am an ambitious person who seeks
to work at a firm where I will be constantly challenged and pushed every day in my role. I want
to continue educating myself about topics that I am passionate about and believe that by
surrounding myself with some of the smartest minds in the industry I will be able to do just that.
Secondly, JP Morgan holds itself and its employees to the highest possible standard. I would be
passionate about working at a place where the values align with my own. This standard also sets
JP Morgan's reputation amongst clients above others on Wall Street from what I have heard.
Lastly, JP Morgan has unparalleled access to resources and information. And the fact that they
have so many different groups within the same firm allows them to provide the best possible
client experience. JP Morgan was described to me as more of a technology company than
anything else at this point because of its extreme dedication to being the most informed and
innovative firm on Wall-Street.
What are JP Morgan's Business Principles - CORRECT ANSWERS There are 4 core
business principles at JP Morgan:
1) Exceptional client service, you always focus on the customer and invest in their long term
success.
, 2) Operational Excellence, you have an incredibly strong reputation and set high standards for
your employees. You have a disciplined approach to risk and year after year maintain some of the
best margins on Wall Street
3) You create a positive working environment for everyone that demonstrates your humanity and
culture.
4) You hire a diverse and talented team of people that results in a great team and a winning
culture. This is why your employees seem to love JP Morgan and why I could see myself
working there for an long time
What are your strengths and weaknesses? - CORRECT ANSWERS Strengths:
- Ability to assess risk and act appropriately under the stress of making a difficult decision. Give
Philmont example
- I am dedicated to constantly be learning and developing myself both personally and
professionally
- I have a dedicated work ethic and am known by those close to me as someone who never leaves
a job unfinished
- I have very strong communication and personable skills that will help me work well with my
coworkers and potential clients
Weaknesses:
- I would say that I have a habit of taking on too many responsibilities or committing to too
many things at once, putting myself in a situation where I can get overworked from time to time
JP Morgan Stock Price (11/11) - CORRECT ANSWERS $114
Balance Sheet - CORRECT ANSWERS Shows a company's financial condition at a
specific point in time.
Shows: firm's current assets and liabilities as well as more long term assets and liabilities. Also
notes equity
Assets = Liabilities + Equity
