Behaviorals/Market Questions Flashcards
What is our stock price? Who is our CEO?
MS- $40: James Gorman Moelis- $33: Ken Moelis/Jeff Raich JPM- $94: Jaime Dimon Citi- $50: Michael Corbat
Why J.P. Morgan?
- Like the people on consumer/retail team- Kevin, Ryan, Tim, Luca, Natalie, Stephen, Peter 2. Recruiting specifically for consumer/retail 3. Deal flow- holistic exposure to debt, equity, and M&A
What were the inputs in your model to derive projects? (Resume)
Focused on cost savings coupled with depreciation. Cost savings were overheads savings, then subtracted depreciation amount to get incremental savings. Took into account tax benefit of depreciation to deduct full CapEx amount in 1st year.
What is your biggest weakness? What would your boss say is your biggest weakness?
- Can at times be a yes man without fully issuing my opinion in a situation - Bad at asking questions: attempt to figure it out myself - Too process oriented/too structured - Take on too much responsibility
Why should I hire you over someone else?
I believe I possess the best focus on delivering quality work in a timely manner while being a pleasant person to work with
What were some of your KPIs during the commissioning period? (Resume)
Raw materials waste, OEE, Volume
What were some of your projects to reduce gross margin? (Resume)
Equipment automation initiative and optimal scheduling to reduce utilities expenses. Expenses we focused on were wages and utilities, thus those presented are greatest opportunities to increase gross margin. Unilever wide we focused on raw materials waste reduction, as that is incorporated into gross margin.
What kind of CapEx accounting were you doing? (Resume)
I focused on tagging specific assets and capitalizing them into the system. We also had to coordinate with engineers to establish asset lives. Since there was a big push for savings, one of our biggest savings opportunities was to push for an asset life extension.
What consulting project are you working on? (Resume)
A Chilean mining factory that drew water from aquifers but is now having to rely on desalination. We are examining the effects from a financial, social, legal, and environmental perspective of drained aquifers and utilizing desalination.
How did you save $300k in overheads? (Resume)
Cup Drops and mix area. Cup drops drop cups to be filled with ice cream. Mix area mixes sugar, cream, etc. $15/hr x 40 hrs x 48 weeks x 10 positions plus a little overtime equates to approximately $300k
How did you reduce raw materials waste?
Giveaway
What is your leadership style and how will you apply it managing analysts?
Delegate based on assign tasks and skill levels, solicit opinions of others, group decisions based on logic
What would your learning teammates say about you?
- Efficient - Accurate - Team player
Tell me about a time when you had to do something at work without much direction and how did you handle it?
Leading management reporting after my manager left the company. Had to learn her role, which included learning the roles of the people she managed in India. I learned as much as I could, asked the right questions, created a document outlining the processes that needed to be accomplished, and learned on the job
Tell me about a time you influenced a more senior person?
Building a business case for equipment automation at Ben and Jerry’s. We were looking for ways to reduce labor, and automation allowed us to do that. I created an accurate and all encompassing analysis and simply let the analysis speak for itself
