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The Hiring Process at Nykredit

The hiring process for Nykredit can take up to 4 weeks, sometimes more. It primarily consists of two steps with multiple levels. The first step includes tests to prove your proficiency in various subjects. The second step involves several interviews with several heads of departments whereby your personality will be assessed.

The Tests at Nykredit

The testing process can be difficult to some. The company aims at testing your numerical, verbal and inductive reasoning skills. Later, more targeted tests will take place, depending on what position you apply for. The following tests are universally used to test these skills and it is highly probable that they will come up:

  • The numerical comprehension test measures your knowledge of basic mathematics, interpretation of data from tables, graphs, and charts, and your critical reasoning. It requires you to show that you are comfortable with numbers, can calculate percentages, fractions, and proportions, and understand such concepts as inflation and rebasing. It is usually a multiple choice test with 30 minutes of allocated time.
  • The verbal comprehension tests measure candidates' ability to comprehend written text. A series of passages that relate to everyday issues (safety, short articles, product instructions) are followed by questions which need to be answered based on the information presented.
  • Inductive reasoning tests provide valuable information on the way you think and react to new rules and situations. The questions often require you to identify patterns of rules in diagrams. Most employers use these tests when recruiting for most positions within their company. It is a test that can be used to check performance and ability for all positions from graduates and managers to executives.

The Interviews at Nykredit

The interviews follow the tests. You’ll be asked to come to an interview or do it via phone. If it’s a phone interview, then it usually lasts between 10-30 minutes, during which are asked a series of questions. Typically, if the phone interview goes well, then interviewers or employers will ask you to take a pre-hire assessment, come in for a formal interview, or attend an assessment day.

An old financial institution such as Nykredit is looking for qualified candidates with relevant skills. The hiring process can be rigorous and to add certainty to your job application, you should use JobTestPrep. We have numerous ways for you to practice before you apply. Increase your chances to impress an old timer and sign up today!

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