Goldman Sachs Mock Interview
Master 40 Goldman Sachs interview questions covering technical skills, market knowledge, and cultural fit.
Question 26 of 40
The wealth management industry is highly competitive. When it comes to your performance, would you say you 'love to win' or 'hate to lose'?
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Rachelle Enns is an interview coach and job search expert. She works with candidates to perform their best in employment, medical, and post-secondary admission interviews.
Depending on your job function, wealth management can be a cutthroat industry. If you are a wealth manager or private banker, often you only 'eat what you kill,' meaning you are paid only when you close business.
Often, wealth manager seats are revolving as it's easy to get fired from clients when they feel you are underperforming. These are just some of the ways you need to remain competitive in the wealth management industry. There isn't a wrong answer to this question. The interviewer would like to see that you are not a sore loser and that you bring the competitive nature needed to succeed at Goldman Sachs. Speak a bit about your competitive side and desire to succeed.
Rachelle Enns is an interview coach and job search expert. She works with candidates to perform their best in employment, medical, and post-secondary admission interviews.
"I love to win, although losing is inevitable now and then. When I don't win, it's essential to learn from the experience and implement changes rather than dwell on the loss. As a highly commissioned wealth management professional, the love to win on behalf of my clients drives me."
Rachelle Enns is an interview coach and job search expert. She works with candidates to perform their best in employment, medical, and post-secondary admission interviews.
"'I hate to lose' is more descriptive of me, although not in a negative way. I am a bit of a perfectionist in the work I deliver, and I don't like disappointing my boss, my clients, or myself. That said, I know there is always something to learn from losing."
Kevin Downey has an extensive background in business management, recruiting, branding and marketing. He's volunteered his career coaching services at job fairs, lecturing on interview techniques and crafting winning resumes and cover letters.
On their website, Goldman Sachs Leaders Share Advice to Their Younger Selves. One executive advises, "Come to work with a positive attitude, an open, enquiring mind and with the intention of getting on with it and making it happen - the professional as well as the personal rewards will come, but be patient!" This presents a forward-thinking, positive attitude that Goldman Sachs uses in such matters. So when answering questions such as this, sometimes the answer isn't either/or, but both.
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