Standard Chartered is a leading international banking group that operates in 71 countries around the world and is considered a rewarding and interesting firm to work for. It is full of opportunities to advance your career and therefore many people apply for positions with the firm. As an applicant, whether a graduate or a professional hire, you will have to go through the Standard Chartered recruitment process, which includes several different steps, depending on your experience and the position you are applying to. With such a tough competition for spots, using every resource available to help you prepare gives you a great advantage.
The recruitment process for Standard Chartered graduate schemes consists of tests and interviews, allowing the company to really get to know you and your skills. Read on to learn more about the recruitment process.
The Standard Chartered online application is simple. You have to fill in your personal details, CV, and cover letter. Make sure you include your relevant experience, highlight any skills you have that match the requirements for the position, and that your cover letter is Standard Chartered specific.
Following the submission of your online application, you will be asked to complete an online strengths assessment. This is a personality test aimed at assessing how compatible you are for the company and vice versa. It may seem counter-intuitive to practice for a test of this nature but here at JobTestPrep, we have found that familiarising yourself with these personality tests can help you when it comes to the real test. You can find examples and practice in our Standard Chartered pack.
If you complete the application and strengths assessment stages successfully, you will be asked to take two online aptitude tests for Standard Chartered. These tests are provided by Talent Q and are of the elements series. There are two tests that you have to complete and pass in order to progress to the next stage. Learn how to handle these below.
This logical reasoning test is used to evaluate your analytical and logical thinking skills in a lateral way. You are presented with an incomplete series of symbols in a matrix format. You have to identify the missing symbol from the different alternatives available to choose from. The test has 12 questions and you have 75 seconds to answer each of them.
In this Talent Q elements numerical test, you are presented with multiple graphs and tables similar to many numerical aptitude tests. However, this test is slightly different. For each set of data presented, you have to answer 3-4 questions. For the first question you are given 90 seconds to answer it and for the subsequent questions you have only 75 seconds. There are up to 10 different answer choices per question and the questions become increasingly difficult.
Even if you are good at these tests instinctively, it isn’t enough to be sure of success. Time pressure can force people to not think as clearly as they are able to do so in a normal situations. This is why JobTestPrep has created a Standard Chartered preparation pack to improve your skills and better your chance of success.
If you perform well on the online aptitude tests, you will be sent an invitation to a video interview. Video interviews differ from face-to-face or Skype interviews as the questions are displayed on a screen and you must record your answers. There are 9 questions in total and after each question is presented, you have 30 seconds to prepare your answer and 90 seconds to talk. The questions are competency-based so that the company can get to know your strengths and weaknesses. Some common video interview questions include:
After a successful video interview, you will be invited to a face-to-face interview at the Standard Chartered offices. This interview is usually with two representatives from the company, either members of the HR department or your potential managers. In the interview you are asked strength-based questions such as “How do you deal with a difficult person?” and “Why have you chosen this career path?” Before the interview, take a moment to think about your greatest strengths and examples in which they are shown. Use the STAR method to structure your answers. For more helpful tips on succeeding in interviews, review our free interview preparation PDF.
At this stage in the process, you will be sent a link to the Standard Chartered case study, which is more similar to an e-tray exercise. You are given 6 or 7 work related emails to respond to in a little over an hour. You must respond to each email in the appropriate manner, answering questions and giving the details necessary for your “co-workers”. This is an assessment of your prioritising skills and how well you deal in a high-pressured environment. To get a good sense of what’s involved in this exercise, explore our in-tray practice pack.
Following a successful interview, you will be invited to take part in a Standard Chartered business discussion. This is a three part assessment which includes a group exercise, a case study interview, and a structured interview. Before this assessment, you will be sent a copy of a company report to review. The report and your analysis are the focus of this stage.
The group exercise is a discussion between candidates on the report you have been sent. Besides a clear understanding of the report, which is crucial throughout, you are being assessed on your ability to perform in a group setting. How well you explain yourself and how you make your opinions heard are just as important as not over talking and dealing with alternative opinions. Make sure you practice these skills with our group exercise practice pack.
The business interview is where your analysis of the company report comes into play. Here you will meet with representatives from the company who will ask you questions related to the report. This is a test of your skills to find out how well you understood the information in the report and how well you can present the findings to the assessors. You can expect questions regarding business trends and what improvements you would suggest for the next year. A great way to prepare is with our case study practice to get expert tips.
This is the final stage in the recruitment process in which you are interviewed by the head of the department you are applying to. There are questions related to your CV, background and experience, as well as your overall impression of the company and the business discussion. This is also an opportunity for you to ask questions about the company and your potential role. Review the job description and read up on the company to help make a great impression. You can even use our online interview tutorial to add that final touch to your interview skills.
Standard Chartered uses a multi-step process to recruit the best graduates. With the advice and preparation resources outlined in this article, you can be sure to feel confident and be successful when applying.
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