In a financial sales job interview, how would you answer the question: What do you think of the market?
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Louise A asked:
I am a recent college grad (BA in Communications) and I am looking to get into financial sales. In recent interviews, I’ve felt like I did well and even impressed them a little but I always stubble on the “What do you think of the market” question. I usually go on about the SEC and lack of regulations, but when I mentioned this to one of my recruiters today, she suggests I focus more on the investment side of the question. Anyway, I’m at a loss here… any advice?
TRAVIS
I am a recent college grad (BA in Communications) and I am looking to get into financial sales. In recent interviews, I’ve felt like I did well and even impressed them a little but I always stubble on the “What do you think of the market” question. I usually go on about the SEC and lack of regulations, but when I mentioned this to one of my recruiters today, she suggests I focus more on the investment side of the question. Anyway, I’m at a loss here… any advice?
TRAVIS
February 13th, 2009 at 4:48 pm
NOE
I would agree with your recruiter and probably answer it along the line of I noticed light sweet crude has dropped again and I see that some technology stocks are coming back but still very unstable. This way here your showing that your not in the dark when it comes to the market and that you have hope in are economy also!
February 14th, 2009 at 5:17 pm
DEWAYNE
The hardest time to buy is when things seem bleak.
For sales - you have to impress that your outlook is positive for the market; if you are selling financial products it is the only way you can be - and the current situation (as difficult as it is) is an OPPORTUNITY. A buyer’s market. Long term focus.
February 17th, 2009 at 5:47 pm
CLEVELAND
See the positive, imagine you had a million to invest, this is a great time to invest, but not short term but long term. Even real estate is a great opportunity, it’s going to require more research, forward thinking, and patience.
February 18th, 2009 at 2:01 am
FLETCHER
Here is how I would answer: (I have decades sales experience)
“Well, obviously the market is experiencing events that are very rare and investors are scared. But, I believe that investments should be for the long term, not the short term, so I know I can help investors make long reaching, good decisions.”
Or something like that. Good luck, I don’t see a financial sales jobs being easy, or big money, for a long time.
February 19th, 2009 at 2:21 pm
KEVIN
As someone with many years in the business, I think you should stress a positive attitude (as someone has stated) but also that regulation will breed more confidence in the market and that will yield better sales opportunities.
I am curious what your recruiter thinks of that strategy