The interview process was difficult. There were 10 rounds in total and each round has 45 minutes, the questions are very advanced from bond analytics to machine learning. The interview process was difficult.
45 min modeling test, number of in-person interviews depending on size of team focused on background, investment process, stock pitch. 4 hour case study which involves building 3-statement model and reading through transcripts / filings. Finally debrief with the team.
I applied through a recruiter. The process took 2 months. I interviewed at Citadel in Jan 2024
Interview
Call the Recruiter asking about your general interest in finance and their firm.
The second call was conducted by a guy from their trading team. Assessed through case studies and some brainteaser questions, "Go short or go long given this scenario?"
Interview questions [1]
Question 1
Would you go short or long, given the mean and median of the expected return?
Interviewed for fundamental equities team. Talked to head of a pod that was starting up. Had to discuss a stock pitch (long or short) and background on career, interests, sector focus.