I applied online. I interviewed at Citi (Budapest) in May 2022
Interview
I had online interviews on 2 consecutive days, basically one round. They didn’t call me, just sent me the dates in email. They interview you for 4 positions. The language depends on the interviewees, can be Hungarian or English all along, they switch to English during technical questions.
After the interviews they disappeared for a month. I was told there would be another round but they just called me with the offer. They also ask which position you would prefer, my advice, don’t choose Product Control. Regulatory reporting and Treasury are much better. You should definitely ask which country’s Holidays they use, it’s mostly UK, but USA for PC. Also ask about working hours, if it matters to you.
Interview questions [1]
Question 1
There were regular questions, like work experience, what do you know about the company, why do you want to work in investment banking. Lots of questions about derivatives, bonds, equity. I couldn’t answer everything perfectly, they hired me anyway. You should definitely learn the definitions of futures, forwards, options, swap, bond, equity. Also bond types and equity types. They also asked me every Option Greek. You have to know the whole balance sheet and income statement of banks, difference between commercial and investment banks. You can have more difficult questions that you can’t really prepare for, like they tell you about a situation and what sort of derivative would you use and why. I had also questions about bond pricing.
I applied online. The process took 2 weeks. I interviewed at Citi (Budapest) in Jan 2022
Interview
The interview is one hour long. Depends on who is interviewing you, but it might be held in English all the way. They introduce themselves and the department, than its your round. Afterwards they will have questions regarding the product you might be working with. Prepare your derivatives knowledge.
I applied through other source. The process took 4 weeks. I interviewed at Citi (Budapest) in Oct 2018
Interview
The process took only a few weeks, I had one interview after a short phone call (HR asked about basic derivatives), got the offer a week later. Very fast and simple.
Interview questions [1]
Question 1
What are the main differences between commercial and investment banks?
What are futures and forwards?
Why do you want to be a product controller?
Some simple brain teasers and greeks.