Are you applying to work for any of Goldman Sachs' competitors?
Goldman Sachs wants to know if you are entertaining close competitors or discussing similar roles with other hiring companies. They also are curious about where you're at in your job search, and how competing offers might impact their hiring decisions. Keep in mind, although this is a similarly phrased question to what distinguishes Goldman Sachs from their competitors, what they want to know is whether you are applying to any of their competitors. They are also curious whether you are hoping to land a job with any of them, your preference, and if you want to work specifically with them. How you answer this will again allow them to gauge the sincerity of your previous answers to other questions.
HireVue not only assesses your answers, and your verbal and nonverbal cues to each answer but also compiles all of its findings in a candidate's insights report. So you want to make sure your answers are consistent throughout your interview. Be filtered in your response while avoiding giving the impression that you are only counting on this particular opportunity. You want to express your genuine interest while showcasing your professionalism and remaining open to other opportunities.
You are never obligated to reveal the names of the companies you're entertaining, so it is up to you to share only what seems appropriate to reveal. Also, consider the advice of their recruiters here. "Be respectful and act with integrity. We just ask that you would be truthful and honest with us throughout the process so that we can try to help you come to a decision that's in your best interest. You do need to just step back and think, 'Where am I going to want to start my career as a professional and how is that going to get me to where I want to be.' When you are navigating two competing offers, you definitely need to do your homework and to really think about where you can see yourself. Who will invest the most in you? Decide what firm is right for you before you get in there. I would want to go to the firm that would invest the most in me. Can I come to work here every day and spend my day at this company working with these people? So that's would I would ask. I would be upfront with both and say I have an offer from two firms."
"I am interviewing with two other organizations for similar roles and am in the third interview stage for one of these positions. I am eager to secure work shortly. However, I will wait for the right opportunity before accepting a job offer. I am interested to know the hiring teams' approximate timeline for this hiring decision. Perhaps we could cover this in our first face-to-face meeting."
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