Credit Suisse, Singapore: Product control (industrial placement)

Question

Why Credit Suisse?

Candidate's answer

Credit Suisse is well reputed for its control measures, and is a well-known bank with a focus on the employee.

Question

What do you know about product control?

Candidate's answer

It's repsonsible for P&L generation and supports the front desk. It also helps catch out incorrect trades and test that trades were priced properly.

Question

Knowledge of Excel (asked on excel functions like vlookup, lookup, if, sumif, pivottables etc).

Candidate's answer

Answered on what the various excel functions do.

Question

Are you willing to work long hours?

Candidate's answer

Yes, of course.

Question

He drew a flowchart of the various bank functions (front office trader-middle office-back office) and asked where does product controller fit in the process and what does this function entail. Also asked about the possible areas where an error could happen.

Candidate's answer

Product control is not exactly part of the process but takes a macro viewpoint on the process in highlighting breaks in the system.

Question

What is a swap?

Candidate's answer

Gave the textbook answer.

These questions were provided to us by a candidate claiming to have interviewed at the institution named above. We cannot guarantee that these were the actual questions asked.