Trader applicants have rated the interview process at Optiver with 3.6 out of 5 (where 5 is the highest level of difficulty) and assessed their interview experience as 56% positive. To compare, the company-average is 49.2% positive. This is according to Glassdoor user ratings.
Candidates applying for Trader roles take an average of 22 days to get hired, when considering 139 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 Trader according to 139 Glassdoor interviews include:
Phone interview: 31%
Skills test: 17%
IQ intelligence test: 15%
One on one interview: 13%
Presentation: 6%
Personality test: 6%
Group panel interview: 5%
Background check: 3%
Other: 3%
Drug test: 2%
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I applied online. The process took 2 weeks. I interviewed at Optiver (Sydney) in Apr 2015
Interview
First round was a telephone interview, it was fairly straight forward, talked a lot about behavioral questions, your resume and your favorite subjects from school. Second round was a math test, the passing score was 45/80 and 17/25. Should be fairly easily for those potential candidate. Third round was face to face interview with HR and a Senior Trader. Be prepared to answer lots of technical questions on options and play some probability games.
spent about 1.5 months pretty much purely dedicated to preparing for interviews for all the pre-penultimate programs (Optiver, IMC, JS, SIG, Citadel, etc). I used these resources:
Green book (Really good starter but I got bored of it after a few weeks)
EverythingQuant (Went through literally every single interview prep question, went through the interview guides, and completed the probability course just to make sure I covered all bases)
Briefly read through this guide
Watched coding Jesus in my spare time (not sure if this helped directly lmao but he’s a great creator and very informative)
Mental math test, beat the odds, online puzzle like games etc online, brain teasers during physical interview and a behavioral interview where they want to assess how competitive and assertive you are.
OA was weird and hard. there was only three sections (i think) this year compared to 5 last year. questions are weird and I don't know how they can judge your ability base on that.