Junior Trader applicants have rated the interview process at Optiver with 3.7 out of 5 (where 5 is the highest level of difficulty) and assessed their interview experience as 61% positive. To compare, the company-average is 49.2% positive. This is according to Glassdoor user ratings.
Candidates applying for Junior Trader roles take an average of 22 days to get hired, when considering 34 user submitted interviews for this role. To compare, the hiring process at Optiver overall takes an average of 20 days.
Common stages of the interview process at Optiver as a Junior Trader according to 34 Glassdoor interviews include:
Phone interview: 23%
Personality test: 21%
IQ intelligence test: 15%
Skills test: 15%
One on one interview: 13%
Presentation: 9%
Background check: 2%
Other: 2%
Here are the most commonly searched roles for interview reports -
I applied online. The process took 4 weeks. I interviewed at Optiver (Chicago, IL) in Mar 2014
Interview
I applied on the website - 2 weeks later do a math assessment and after a week got a behavioral interview. A week was the trader interview.
Round 1 - Math Assessment - 80 simple math questions in 8 minutes
Round 2 - Behavioral phone interview - fairly easy, competency based and basic fits questions
Round 3 - Trader Interview - brainteasers/logic questions - all technical based
Didnt move on after third round
Interview questions [1]
Question 1
math assessment you should practice on mental math. its simple addition/subtraction and multiply/division but you have to be quiet at solving the problem. - you should be able to score at around 55 out of 80 to move on.
trader interview -review probability and stats and practice on brainteasers
The following proces:
1st round were games, including mental math, memory games
2nd round was hr interview, asking questions about motivation
3rd round: technical interview
4th round: technical interview
5th round: at office
I only got past the online assessment and got to the first round which was a HR interview. The online assessment involves 2 tests, probability questions and one with some form of games which test your reaction time, your thinking etc. it was quite fun to do
Interview questions [1]
Question 1
One thing they asked was my experience/what I did for trading. Unfortunately, I had no experience within trading.
80x8 Test : mental math exercise where I had to solve 80 short arithmetic problems in 8 minutes without using a calculator or paper. The questions are usually simple in structure—typically involving addition, subtraction, multiplication, or division of small numbers
Interview questions [1]
Question 1
80 short arithmetic problems involving addition, subtraction, multiplication, or division of small numbers but also fraction and small equations