Got a big interview where you’ll be applying as a Portfolio Manager? Don’t sweat it! On this page, we’ve listed some of the most common Portfolio Manager interview questions with advice on how to reply. Read on!
Do you have any experience working as a Portfolio Manager?
A straightforward question that requires an honest answer – list experience you have as it pertains 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 this way, you can turn a simple ‘no’ into an opportunity to demonstrate your awareness of related skillsets.
Answer Sample:
While my experience with x is limited, while working under y at my last job I really got to learn the ropes about z
What are some of major challenges the accounting industry faces looking ahead? How will it impact the role of Portfolio Manager?
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?
While we all make mistakes, accountants can afford no such luxury. While you may be a caped crusader with superhuman error-free work skills, your interviewer won’t buy it. What they’re seeking here is some method you deploy for QA.
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
Tell me about a time you used numbers to tell an effective story?
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
Tell me about a time when you received difficult feedback. How did you react?
Difficult feedback is difficult for a reason. Your interviewer realizes that everyone makes mistakes, and they’re not looking to hang you out to dry. What you’re going to want to do here is be sure to let the interviewer know what you did in reaction to this feedback. 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:
No one likes these situations, but Ive found that dealing with it factually and without predjudice tends to be the best approach
Give me an example of when your attention (or lack of attention) affected the outcome of a project. Why?
Always with the details! You’d be hard pressed to find any job in the accounting & finance industry where being detail oriented isn’t a major requirement. Like many non-valid responses, your statement ‘yes I am a detail oriented person’ is not going to cut it.
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
What sort of work culture do you find most appealing and why?
Every company wants to find the perfect culture match for their organization. Many studies prove that hiring for culture first and ability second yields far superior results. While you may be a lone wolf, be careful how you answer this question should it fall out of alignment with the organization.
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?
This one can be leading, and must be answered carefully. Seeking more money or mentioning the ‘terrible management’ at your last job may leave your interviewer with the wrong impression of you. Regardless of the reason your employment ceased to be, keep it on point and do not get negative here.
Answer Sample:
My last position came to an end rather organically, and its now time to seek new opportunities