The most sought after investment banking summer analyst and analyst positions attract tens of thousands of applicants. In order to more efficiently identify the best candidates, many firms utilize HireVue, a hiring experience platform, to conduct screening interviews with applicants.
Invitations to conduct these preliminary interviews via HireVue are often sent within minutes of submitting your application and typically have a very short window for you to conduct the interview. Before applying to a position, it is important that you understand what to expect during a HireVue interview and learn how to maximize your chances of winning a first round interview.
As a candidate, your primary interaction with HireVue will be a video interview that records your answers to questions set by the firm conducting the interview. Before the interview begins, HireVue will provide instructions and information about how the interview will be conducted. Additionally, some firms will provide videos to give candidates an overview of the company.
When it is time to conduct the interview, the question will appear on screen either as text or a video of the firm’s employee asking the question. You will be given a certain amount of unrecorded time to prepare your answer, which could be anywhere from thirty seconds to two minutes. If you are ready to get started before your allotted time is up, you can begin recording before the time has elapsed. Once the allotted time is up, the video will start to automatically record your answer whether you’re ready or not. Some firms allow you to submit another attempt to prepare and record if you did not feel confident on your first try.
For investment banking roles, HireVue interviews typically have two to four questions and last 15-20 minutes. A common line of questioning is focused on the candidate’s reasons for wanting to join the firm. Other lines of questioning include assessing the depth of the candidate’s knowledge through situational questions, macro-related topics, elaborating on current events, or even brainteasers.
There is typically a role-related question as well that assesses your understanding of the investment banking analyst role and the reasons why you feel you are a good fit for the role. This question may ask you to tie in your prior experiences and how it will prepare you for the role, or may directly ask your motivation for this work. This question checks your understanding of the role and your intent to follow it, backed up by specific experiences and endeavors to prove your interest.
Though there is no interviewer present, you should still wear business professional attire. Make sure you have proper lighting and a clean background, free of distractions. Make proper eye contact with the camera, enunciate your words, and stay in the center of the frame using HireVue’s on-screen orientation guide. And lastly, have a good attitude, smile, and practice to build confidence in yourself and your delivery.