CPD Flashcards
What is unconscious bias? How can you tackle it?
Unconscious bias are biases and prejudices that individuals hold that they are not aware of but affect their actions.
The best way to deal with unconscious bias is through training to make people aware of their biases so they can act to prevent them affecting their actions.
What is your firm’s strategy to recovering from COVID?
My firm has put an even greater emphasis on fee generation and business development whilst making sure existing clients are being serviced to the highest standard possible so we retain fees coming from them whilst the risk of covid affects the market.
How do you identify and respond to discrimination and harrassment?
I would report any discrimination and harassment I witnessed to my line manager or to the HR department. If I deemed it appropriate, I would also have a conversation with the individual who I deemed to be harassing or discriminating.
What are common cyber attacks?
The main attack I know about is phishing. It’s when an attacker will send an email with a link in it which seems innocent but actually allows them to do a variety of things on your computer.
What are your firm’s PPE requirements on COVID?
My firm has updated it’s PPE requirements to reflect the risk of COVID by requiring it’s employees to wear facemasks around the office and sanitise their hands on entry and maintain social distancing. We are also required to do the same on inspections.
What is a 3 statement financial model?
A 3 statement financial model is generally a Discounted Cash Flow where there are three main sheets - inputs, cashflow and outputs.
What are the FAST principles?
The FAST principles are best practice guidance for building financial models. A model should be flexible, appropriate, structured and transparent.
How is the energy environment changing in the UK?
We have traditionally used fossil fuels as a source of energy. However, there has been a notable move towards more sustainable fuel sources such as renewables and nuclear in recent years.
What is a garden community?
Environments that help promote community, sustainability and inclusion.
What may the 2021 rating revaluation mean for different sectors?
Retail outside london - decrease
Logistics - increase
Central london, east and south east Office - increase
What is SMCR?
SMCR is the Senior Managers and Certification Regime.
It’s part of the UK regulator’s drive to improve culture, governance and accountability within financial service firms.
It aims to deter misconduct by improving individual accountability and awareness of conduct issues across firms.
What are the internal drivers of profitability?
Keeping costs low whilst increasing revenues - greater margin
Business development
What are the various sectors of the Residential Investment market?
Student accommodation
PRS
Social housing
What is BREEAM?
BREEAM assesses an asset’s environmental, social and economic sustainability performance.
Building Research Establishment Environmental Assessment Method
Voluntary in the UK
Outstanding Excellent Very Good Good Pass Unclassified
What are the methods of future proofing against technology?
Future proofing against technology is tough but the main thing we discussed was being aware of incoming technologies and disruptors and trying to utilise them early to improve your business rather than let them disrupt it.
