Schroders Video Interview: Your Key to Landing the Job in 2023
To get a job at Schroders, the British asset management giant, you must do well in their first-round interview. This blog will guide you through the process. It will give insights and strategies. They will help you succeed in the Schroders Video Interview. Whether you are a graduate or a pro, the tips here will be invaluable. Understanding the format and preparing accordingly can significantly enhance your chances of success in the Schroders Video Interview.
Fast Facts about Schroders
Schroders has a long and great history. It was founded in 1804. As of 2022, the company manages over £720 million in assets. It employs more than 6,000 staff across 38 locations. The name “Schroders” comes from the German family, the Schroders. They still own over 47% of the company. In 2021, Schroders supported over 1,300 charities in the UK and boasts a high employee retention rate of 94% from 2021 to 2022. The company operates in five key areas:
- Private Assets and Alternatives
- Schroder Solutions
- Mutual Funds
- Institutional
- Wealth Management
What to Expect in the Schroders Video Interview
The format of the Schroders interview depends on your job’s level. Graduates can expect a video interview with five questions. They will have one minute to think and two minutes to answer. More senior positions usually involve an HR screener. It is a short interview, lasting at most 20 minutes. Regardless of the position, several questions are likely to come up, which we will discuss in detail.
Common Questions in the Schroders Video Interview
Schroders interviews often include these five key questions, no matter your role:
- Why are you applying to Schroders?
- Tell me about your experience dealing with a problem with a client.
- Tell me about yourself.
- Why do you want to work in this job and in this field?
- Tell me about a recent piece of news and how it affects Schroders.
Why Are You Applying to Schroders?
To answer this question well, you must research the company a lot. Schroders has a wealth of unique facts that can help you craft a compelling response. Use investor relations reports and presentations to gather specific data. Highlighting unique aspects of Schroders will make your answer stand out.
Tell Me About Your Experience Dealing with a Problem with a Client
Dealing with clients is a core aspect of working at Schroders. Effective communication is key. Start by listening carefully to the client’s problem. Summarize their concerns to ensure clarity and show that you have understood their issue. Offer a solution or escalate the problem to a manager if necessary. Keeping the client informed is crucial. It maintains a good relationship.
Tell Me About Yourself
This question needs a brief and complete introduction. Begin with your current role, followed by your experiences over the past three to five years. Talk about your future goals and work experience. Also, mention relevant extra-curricular activities and skills. Practice this intro a lot so you can say it well in the interview.
Why Do You Want to Work in This Job and This Field?
Schroders specializes in asset management. So, your answer should show a real interest in this field. Refer to the job description for the role’s responsibilities. Highlight your skills and experiences that match these duties. Show a passion for managing assets and serving clients. This will make your answer compelling.
Tell Me About a Recent Piece of News and How It Affects Schroders
Staying updated with business news is essential. Choose a piece of news that is simple and relevant to Schroders. Explain how this news affects the company and its stakeholders. Confidence is crucial, so choose a topic you are comfortable discussing.
Additional Questions to Prepare For
Beyond the typical questions, be ready for situational and behavioral questions such as:
- Can you tell me about a time when you communicated findings to a large audience? Public speaking is important in asset management. Research your topic well and rehearse your presentation. Deliver key findings concisely and clearly.
- Can you tell me about a time when you had to learn something new in a short space of time? Show your research skills and ability to quickly learn and adapt.
- Can you tell me about a time when you overcame a difficult challenge during a project? Describe a tough project, the challenges faced, and how you solved them.
- If you had £1 million right now, how would you invest it? Demonstrate your knowledge of asset classes and investment strategies. Discuss your risk tolerance and investment choices.
FAQ about Schroders Video Interview
- What is the format of the Schroders video interview? Graduates can expect five questions with one minute to think and two minutes to answer.
- How should I prepare for the interview? Research the company, practice common questions, and stay updated with business news.
- What skills are important for Schroders? Communication, problem-solving, and analytical skills are crucial.
- How can I make my answers stand out? Use facts about Schroders and show a real interest in asset management.
Following the tips in this blog will help you approach your Schroders video interview with confidence and increase your chances of getting the job. For more resources, check out the Job Ready English blog and courses like the Acing Assessment Centres Course and the Ultimate Interview Preparation Kit. Good luck!