Advice and Examples: In a client-facing role with Standard Bank, clients will expect you to be well-versed in market changes. How do you keep yourself up to speed on industry changes? For a Standard Bank Interview Question.
In a client-facing role with Standard Bank, clients will expect you to be well-versed in market changes. How do you keep yourself up to speed on industry changes?
How to Answer
In a rapidly changing field like finance, you are expected to keep up with industry changes at the snap of a finger. Demonstrate to your interviewer that you keep up with the industry through membership in industry-relevant groups or publications. You should have a reliable news outlet that you rely on for industry news, which you can mention to your interviewer.
If possible, give an example of a time where you made a decision or helped your team change the direction of a project due to a last-minute regulatory change. Overall, convey that you are on top of the industry and can speak intelligently on regulatory changes, especially if you will be in a client-facing role on Standard Bank's behalf.
1st Answer Example
"I have been a CFA member for over five years now, and I regularly read the quarterly CFA Digest publication, the CFA Magazine, and their news brief email that comes out daily. These are great resources that cover things ranging from daily news that impacts my work to very big-picture studies and findings. If hired for this role, I would continue to be an active CFA member and utilize their resources for my work. In addition, I begin each morning with Moneyweb and BusinessLIVE to stay up-to-date on the South African market and the business section of the Wall Street Journal to keep up with international markets. Are there additional publications that you think are important to follow in this role at Standard Bank?"
2nd Answer Example
"As a risk professional, I have been a member of the Global Association of Risk Professionals for many years. I have been certified by the Association for Financial Risk Management, and I try to attend their national conference every year to network and learn from other professionals. The FRM group has enabled me to keep on the forefront of changes in the financial management that impacts risk on an almost daily basis."