Barclays Wealth Final Assessment Centre

Barclays
#1

Hi there,

I have a final round assessment centre for Barclays Wealth coming up and was wondering if anybody has already completed it? What are the case study and group exercise like? Also what sort of interview questions did they ask?

Any help is much appreciated

Thanks

#2

hi

can u tell me that were you immediately invited for an assessment centre after the interview?

#3

I was invited to the assessment centre the day after my telephone interview.

#4

When is your assessment centre?

#5

Hey guys,
I had my final round AC with Barclays Wealth 2 weeks back and everyone from my AC has either received a rejection or offer. Have emailed HR and they have said they would get back to me ‘shortly’ on the result- any insights as to what this might mean? Anyone been in this position before- what are the chances of me getting an offer? :S

Thanks!

#6

sweettooth could you fill us in on what the AC entailed? thanks!!

#7

Can anyone explain to me how Barclays Wealth run their recruitment?

I was rejected for a position then was called and told a new position was available I then had two phone calls with a member of the recruitment team who told me to update my cv to demonstrate the skills that I have relating to that role.

I have heard nothing since and find the whole experience rather strange.

#8

hey has anyone had an assessment centre for wealth management yet? I was wondering what stage Barclays are at and how many graduates they are still looking to recruit. I hope I am not too late!!!

Cheers guys!

#9

Hey!!

Just saw that a lot of people wanted to know what the barclays wealth graduate ACs are like. So am just going to detail my experience of the day, hope its helpful! I applied for the private banking graduate scheme within London. My AC was about 7 months ago, so I don’t remember everything exactly, but heres what I can remember.

Applications opened early last year, possibly mid/late august and by beginning december they had finished ACs for this scheme! This scheme is extremely competitive, they received a lot of applications!!…so I considered myself lucky to get to the AC stage!!

The invite for the AC came 2-ish weeks later. It was a full day from 8am – 5pm. On the day of my AC there were about 16 ppl there and we had a case study and interview, competency based interview and group exercise. Once we got there we were split into two groups, the aim was that during our day we met at least 4 different private bankers. Not sure if the AC will be the same this year…but this is what it was like for me…

I had the case study first…we were required to read a pack and had to carry out qualitative and quantitative analysis. They provide data and formulas…for the first numerical part we had to calculate different returns and annualised returns on a bond. Need to think about tax as well… so read it carefully! For the qualitative part, you need to look at the use of returns and how to reduce risk within a portfolio. The case study interview is mostly on what you have done…I got a few competency based ques like how i’ve influenced someone, what to do if a client is upset etc.

Lunch was also an important part as you get to interact with other private bankers, graduates and candidates.

The competency based interview does not necessary have to be only competency based…some candidates were asked only competency based ques. I was asked specific ques on wealth management eg what revenue we make from each client, how many clients each banker has, if you’ve ever gone out and made money, specific news on wealth management, how many assets we have under management, why Barclays wealth compared to competitors, why Barclays wealth in 5yrs time…and many more which I cannot remember!!..it depends on which interviewer you get as some of them are more lenient than others!!

Lastly we had the group exercise. There were 4 of us and there were two assessors. The task was to prioritise a list of 20 tasks, giving only the top 5…I think it was 5 out of 20.
Tip 1: Remember the role your applying to is client focused…therefore all client related tasks should be done beforehand.
Tip 2: Also all unimportant or time-consuming tasks such as reading emails etc should not be part of your list as these should be completed before you get into work through your blackberry!! Similar situation with compliance as they usually come to you!!
Tip 3: Provide input all the time…they look for ppl who are active participants…but do not dominate the group, they hate that and your group won’t appreciate it either!!

The day finished at around 4.30-5pm … and they let us know of the outcome 2 days later. Just prepare as much as you can…know the job and market properly, cos this scheme is much more demanding than other ones…don’t worry about all the other people applying…just make sure you stand out from the rest on the day!!!

Just realised how much I’ve written…going to stop now!..hope this was helpful!

Rach

#10

Thanks Rach!!
v useful.
do they provide you information for the bond returns etc or can you do some prep beforehand? just wondering as my math is not the best!!

#11

Thank you, Rach

#12

Rach you are such a great help!!
@ Rach: After you cleared the numerical and verbal were you invited for a telephonic interview as well or were you directly selected for the AC.

Cheers
Alexa

#13

Thanks rach, this is of great help.

do you happen to remember what kind of group exercises you were given?

Did you get the job?

#14

Hi Rach,

Thanks for invaluable info. and help. Does Barclays wealth consider a high GMAT score as a requirement for the embark programme?

Waiting for your answer.

Best,

Abdi

#15

Hey Rach,

How soon after the assessment centre did you hear back?
Thanks :slight_smile: