Banking Tests

Banking Psychometric Tests

The Banking Sector has a huge offering of job vacancies and each of them require a wide range of skills. As such, employers commonly apply a rigorous selection process to ensure they acquire the right candidate.

If you are thinking about applying for a role within the financial industry, we would recommend that you do some research on both the company and the financial services they offer. This will help you to understand the objectives of the business and the relevance of the role you are applying for, in terms of contributing to the overall brand vision. It will also equip you to answer questions that the interviewer may ask you during an interview.

In terms of preparing for the application process, it is common for companies within the Banking Sector to ask you to complete aptitude and psychometric tests. These help the employer to determine which candidates have the appropriate skills for the role in question.

Banking Numerical Reasoning Tests

The numerical reasoning test assesses your ability to evaluate, analyze, and interpret numerical information that will be provided to you in charts, graphs, and tables. It’s particularly to practice numerical reasoning tests before you take the exams to improve your accuracy and the speed you can answer the questions.

Banking Verbal Reasoning Tests

Verbal reasoning tests assess your understanding and comprehension skills. In the verbal reasoning test you will be presented with a short passage of text which you’ll be required to interpret before answering questions on. These are typically in the ‘True, False, Cannot Say’ multiple choice format, although there are a range of alternatives too.

Banking Situational Judgement Tests

The situational judgment test is a set of questions assessing how you might react to hypothetical events and situations that are encountered in the workplace. Based on how you answer the situational judgement test, the company will get an understanding of whether you’re a good fit for them.

Banking Logical Reasoning Tests

The logical reasoning test test assesses your sequence and pattern identification skills, logical thinking and ability to approach a problem as well as how good you are at solving it. Logical reasoning tests are used by recruiters to assess your ability to think logically and solve complex problems.

Banking Assessment Centre

If the firm you’re applying for has an Assessment Centre, it may involve psychometric tests, interviews, group exercises, case studies and presentations. Read our Assessment Centre Guide to make sure you’re fully prepared and ready to show yourself in the best possible light.