Got an interview coming up where you’re applying for the role of a Lead Senior Commercial Loan Processor? Don’t sweat it! Listed below, you’ll find some of the most common Lead Senior Commercial Loan Processor interview questions with advice on how to reply. Read on!
What experience do you have (if any) as a Lead Senior Commercial Loan Processor?
Here, you’ll obviously want to speak to your specific skills as they relate to the position you’re applying for. What happens if you don’t have any experience? By thinking about the question ahead of time, you can have a reply at your fingertips. In doing this, you can actually turn your lack of experience into a showcase for your ability to relate and connect similar skillsets.
Answer Sample:
I believe that in order to be an effective x you really require a great deal of y. In college, I worked with z for 2 years and really belive I gained a strong sense of what its like to succeed in x
What are some of major challenges the accounting industry faces looking ahead? How will it impact the role of Lead Senior Commercial Loan Processor?
There are a variety of ways to answer this one. Try discussing ‘buzzworthy’ topics like AI, software, and inexpensive labor. However, be prepared to explain why you answered the way you did – and do some research ahead of time.
Answer Sample:
Its hard to know for sure with industry factors such as x and y changing so many things – all I can say is that Im excited for the challenges that come with that
What systems have you developed to reduce/eliminate errors in your work?
Hey, no one is perfect – but when it comes to accounting & finance, perfection in numbers is expected. Here, your interviewer isn’t looking for some superhuman form of error free workmanship. What they’re looking for here is some sort of system of checks and balances.
Answer Sample:
Rain or shine, I always make sure that x is reviewed 3 times over and referenced against y before it goes out the door
Describe a situation you needed to use data to prove a point?
Here, it isn’t about you being right or a client being wrong, it’s about finding the facts through data. Most accountants and financial professionals are doing this on a daily basis, but try and illustrate the impact of what you provided.
Answer Sample:
A client had struggled with x for nearly a decade until I was able to clearly present the issue visually – a lightbulb went off, and the clients business is better than ever
Have you ever had to give someone difficult feedback?
We all love praise, and we all dislike hearing our work criticized. Any competent interviewer in the accounting profession understands that mistakes happen. Here, the important thing to do is let your interviewer know how you overcame this particular challenge. Was there ownership of a mistake, or deflection? By showing your cool in the reaction itself, you demonstrate leadership characteristics that employers love.
Answer Sample:
Ill never forget the time my old boss talked to me about x. The way it was handled was totally professional, and thats been my model ever since.
Detail is critical in our industry – what do feel makes you a detail oriented person, and why?
Always with the details! No matter what your role in the accounting industry, this one’s important. Once again, saying it is one thing, being able to prove it is another.
Answer Sample:
By ensuring that x and y were carefully reviewed, the organization was able to save immensely on z
Which online tools, cloud software, or other accounting specific platforms are you familiar with?
Every modern accounting practice will require some level of proficiency when it comes to software. If your experience lies in a single – or outdated platform, be sure you are familiar with the current standards. Spend a night and compile names of cutting edge platforms, and mention these along with their purpose to your interviewer.
Answer Sample:
The bulk of my experience lies with the x platform, but Im fascinated with some of what the y system is capable of
Regarding culture, what environment do you feel you do your best work in?
Every company wants to find the perfect culture match for their organization. Simply put, culture fit means that your values are in alignment with your prospective employer’s. You’ll want to be careful here, indicating that you are able to thrive in a variety of work enviornments.
Answer Sample:
I succeed when given clear expectations of me and my team, and find a balance of working individually as well as alongside a team is when Im most content
Why are you leaving your last financial industry / accounting position?
An innocent question, but deadly if answered improperly. Your need for better pay or indicating that your ‘old boss was an idiot’ may leave your interviewer with the wrong impression of you. Even if you were subject to downsizing or let go for other reasons, keep it short and concise, and avoid drama regardless of how tempting it may be.
Answer Sample:
It was time for me to move on, and I feel as though I am ready for a new challenge