JPM Interview Prep
Describe a recent news article that interested you.
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Describe a situation when you worked with others on a project and your teammates disagreed with your ideas? How did you respond? What were some of your (collective) challenges and how did you resolve them?
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How do you prioritize tasks and projects when scheduling your time? Give some examples.
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Describe your experiences with creating presentations for school, internships or volunteer activities. How did you know your presentation was successful?
You can tell if a presentation is successful by engagement.
Have you ever had a project not go according to plan? What happened? What did you do to get it back on track?
having a solutions oriented mind. - talk about when borrowers dont qualify and how we work to ensure they do.
What's J.P. Morgan's share price today?
$170
How would colleagues describe you?
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Tell me about yourself without mentioning your resume.
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What are the biggest regulatory threats faced by J.P. Morgan?
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What do you see yourself contributing to this organization, in both the short and long term?
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What's the story behind your resume?
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What's your greatest achievement?
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Why has J.P. Morgan been in the news recently?
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You're in the middle of an urgent task and someone more senior demands some instant information. What do you do?
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How many trees are there in Central Park?
26,000
How many people set foot in the Vatican during an average day in July?
5,000,000 annually / 12 = 425,000ish
If you had a Rubik's cube with 10 little squares on each side, and peeled off the outer layer, how many little cubes would you end up with?
8^3 = 512
Describe a time when you received difficult feedback. How did you respond?
Call scores - when I first got onto the floor at UWM, I got a bad score on a call.
Mortgage Professionals can work hard. How would you handle that?
I've worked in the industry for a year now, and I'm very familiar with the flow of business.
Why Mortgage?
Initially, I took my role in underwriting, because they told me that I could transfer to the marketing department if I stayed in the role for 9 months. But the longer I stayed, the more I found tremendous value in helping clients make incredibly important financial decisions. I love the enormous responsibility I have when I underwrite loans. But what draws me to this role, is that the mortgage isn't necessarily a means to buy a house, but a commodity. And I really look forward to delving into that area of the industry.
Tell me about a class you did poorly in.
L401 - first exam, did poorly in. Retooled, went to additional lectures, got an A in the class.
Describe a task that really tested your analytical abilities.
My daily underwriting duties
Tell me about a time when you had a positive impact on a project. How did you measure your success?
Royal Purple pod going to #2 in the rankings from 23-30
Have you ever had to compromise to make an achievement? How?
Time
Where do you see yourself in five years' time?
becoming better at my role, gaining more responsibility and focus on building a strong name for myself on the mortgage team, and being a mentor to younger analysts.
What is the biggest risk you have ever taken in your life?
college
Why J.P. Morgan?
he company I chose next, I want to be at for a long time. And J.P. Morgan has all of the things that I look for in a long term role. 1. First, opportunity. I know that if on the JP Morgan team, I'll have the opportunity to accomplish incredible things. While I know I'll be challenged and pushed each, day, I know those challenges will make me better in the long term, and I'll be better for it. 2. I want to learn from the smartest people in the industry, and the folks at J.P. Morgan are the kind of people that I want to develop business relationships with and have mentor me. 3. J.P. Morgan has a sterling reputation and I'd only want to be a part of a company that has the kind of reputation of JPM. This is evident in their business principals which I wholeheartedly align myself with.