Deutsche Bank is a leading global bank headquartered in Frankfurt Germany. They employ over 100,000 people all over the world and have a particularly strong presence in emerging markets. There are a number of directions by which you can apply- through the internship program, placement year, graduate scheme or as an experienced hire. The hiring process for experienced hires is very different but there are a number of things that all applicants should keep in mind which we will outline here.
The first stage of the application process is the online application form. You are asked to provide basic details and are given the opportunity to upload one document. This should be a combination of your CV, cover letter, and other relevant information. Hence you are actually given the chance to really make an impression right from the outset. Pay careful attention to the job specification itself as this lists the competencies and skills needed for the job. When writing your cover letter as well as throughout the entire application process, try to incorporate these key values in your responses. This is a sure fire way to get the hirer to sit up and take note.
If your application is successful you will move onto the next stage of the application process, the Deutsche Bank numerical reasoning test. The Deutsche Bank numerical test is the CEB (SHL) Verify test. You are presented with some numerical data such as percentages, tables, and ratios. You must fully analyse the information and then answer the multiple choice questions.
If you are successful in the Deutsche Bank numerical test you will move on to the next stage of the application process, the Deutsche Bank interview.
This first interview generally takes place in the offices of Deutsche Bank and is held with two members of staff. This interview is normally 45 minutes in length and is mainly competency based. This interview is slowly being replaced with a telephone interview due the high number of applicants per year. Some Deutsche Bank interview questions include:
When answering any of these questions you should bear in mind that they are looking to hear the following qualities and competencies:
An understanding of how to answer these questions in a correct manner is important if you wish to progress to the next step. Try out JobTestPrep’s interview preparation package for the complete preparation for this important stage of your application. If you do well enough in this first interview you will be invited back to the Deutsche Bank assessment centre.
This is generally called the second or final interview stage of the application process. You will participate in either two or three more interviews. Some are of a competency-based nature, whilst others are more technical. Make sure you are up to date on the latest news in the financial world as bringing relevant, topical, current affairs into the interview of your own accord shows that you care about the business that you want to work for.
In addition to these types of questions, you will also be provided with some situational judgement questions. These questions ask how you would deal with an issue that comes up at work. For example, you may be given a scenario in which your boss has gone away for a few days and you are left to deal with an irate client. You are asked to describe the best way to deal with this.
Finally, you will be asked to repeat the Deutsche Bank numerical test you took earlier in the recruitment process. You are advised to bring your own calculator as you are not given one on the day even though usage is permitted.
The Deutsche Bank recruitment process can be rigorous and preparation is key. By practicing your skills in numerical reasoning and your interview techniques, you can confidently enter the Deutsche Bank application process. We hope that you have found the information on this page informative and helpful and look forward to helping you throughout the application process. Good luck.