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Standard Bank Assessments

    • 12 tests |
    • 141 questions

Standard Bank is a South African financial services group that has corporate headquarters in Johannesburg. Founded in 1862 as a subsidiary of a British overseas bank, Standard Bank now operates in 20 countries in Africa as well as elsewhere - they have locations in Brazil, the USA, England, Isle of Man, Jersey, China, and the UAE.

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Standard Bank Assessment Center

Assessment center days are often used during the application process for early careers, and candidates are expected to come to one of the main offices or another location to spend a day with the Talent Acquisition Team and other applicants for some in-depth pre-employment testing.

The assessment center is a chance for the recruiters to see how you act in the workplace and to assess your soft skills like leadership, communication, teamwork and negotiation. They want to see that you are able to put into practice the skills that you have mentioned in your application form and through the interview, and that you can cope well under pressure and in unfamiliar situations.

There are several types of tasks that you might take in an assessment center.

Standard Bank Aptitude Tests

Aptitude tests are used to check aptitude and skills. The content of these tests is not based on things that you will have learned in university or even through previous experience, but on the inherent skills and abilities you have. Some tests that you might take include:

  • Numerical Reasoning - questions in the form of graphs and tables, with multiple choice answers that require you to read, understand and analyze numerical information and complete some basic calculations

Verbal reasoning tests

  • Verbal Reasoning - candidates need to read, understand and analyze passages of text in order to be able to answer questions about the content.

Logical reasoning tests

Logical Reasoning are the most common type of assessment - the candidate is presented with a series of shapes or images that are in a sequence, with one item missing. They need to find the rule that governs the sequence and apply it to the multiple-choice options to find the right answer.

  • Situational Strengths - this is an assessment of work behaviors and personality traits, with a series of sentences that describe different behaviors and traits. The candidate needs to decide how well each sentence describes them at work.

Case-study exercise

During a case study exercise, a group of candidates are given some information relating to a fictional customer, and need to work together to come up with a plan to solve the problem that the client has.

This is usually finished with a presentation to the recruitment team and the other groups, outlining the plan and the reasoning.

Sometimes, the case study might be an individual project, with the end product as a presentation or as a long-form written piece.

Standard Bank technical test

If you have applied for a role that needs a specific technical skill, such as programming or coding, you may be invited to complete a technical or skills test.

In this type of test, the Talent Acquisition Team is checking to be sure that you have the right level of skill to be successful in the role, and they do this using questions that are related to the type of tasks that you are likely to undertake - for example, if you are coding, you might be asked to debug a portion of code used in a banking app.

Standard Bank final Interview

The final interview is your chance to really shine - and show that you match not only the values of the business but also that you have all the skills and attributes that they are looking for specifically for the role.

The final interview might be a competency-based interview, where you will be invited to provide examples from your previous experience that demonstrate you have certain competencies. For instance, you might be asked to provide an example of where you have provided leadership for a project, and had to deal with things like competing deadlines and working with other people.

It is a good idea to prepare for this type of interview by looking at the specific attributes that the role requires, and think of some examples before you head into the interview so that you ensure you give all the information with no waffle.

Make sure that you know the role really well, including what is needed for successful applicants so that you are ready to show the panel you have what it takes. Be ready to demonstrate your commercial awareness - so stay up to date with financial news on a local and global scale, and find out all you can about the day-to-day business operations of Standard Bank. This will help you seem more knowledgeable and passionate, but it will also give you some ideas of what questions to ask at the end.

Practice Aptitude Tests is not associated with Standard Bank. We provide preparation services for Standard Bank psychometric tests. Our tests are not designed to be identical to any style, employer or industry. Visit https://www.standardbank.com/sbg/careers to find out more.

Sample Standard Bank Tests question Test your knowledge!

Considering the recent volatility in currency exchange rates, a financial analyst is preparing a report. Which of the following conclusions is valid based solely on this information?

  • The report will likely highlight opportunities for currency trading.
  • The analyst should focus exclusively on historical data to forecast future rates.
  • Foreign exchange risks are heightened in volatile conditions, requiring more meticulous risk assessment.
  • Recommend investing in currencies from stable economies only, regardless of potential returns.

All investment bankers must possess strong analytical skills. A subset of investment bankers who are strong in analytics also have expertise in international finance. Which of the following must be true?

  • Some investment bankers with international finance skills might not be strong analytically.
  • Every investment banker has expertise in international finance.
  • Investment bankers with expertise in international finance always have strong analytical skills.
  • All investment bankers with analytical skills also have international finance expertise.
  • Strong analytical skills are not necessary for investment bankers.

A financial services company reported that its investment returns were up 15% in year one, 20% in year two, and declined by 10% in year three. If you invested $100 in year one, what would be the value of your investment at the end of year three?

  • $115
  • $138
  • $121.5
  • $110
  • $125

In assessing the risk of personal loans, a bank manager noticed that default rates are higher when the loan amount exceeds three times the monthly income of the borrower. Which action aligns best with this finding?

  • Increase interest rates on all personal loans
  • Offer more loans that are above three times a borrower’s monthly income
  • Limit loan amounts to not exceed three times the monthly income of the borrower
  • Ignore the monthly income of the borrower when assessing loan risk

Following an announcement that interest rates might increase, a bank's fund manager has to decide which bonds to purchase. Which type of bond is generally considered the safest choice under these conditions?

  • Long-term government bonds
  • Short-term corporate bonds
  • Long-term corporate bonds
  • Short-term government bonds

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Standard Bank Tests Tips

1Familiarize Yourself with Test Formats

Dive into the range of question types and formats you may encounter. Understanding the layout and what’s expected helps you navigate more confidently during the actual test.

2Practice Under Time Pressure

Simulate the real test conditions by timing yourself. It’ll help you manage your time better and improve your pace for answering questions.

3Refresh Key Concepts

Revisit basic mathematical concepts and brush up on your analytical skills. A solid grasp of elementary principles can make a surprising difference.

4Stay Calm and Focus

Easier said than done, right? Still, keeping your cool can prevent careless mistakes. If you’re feeling overwhelmed, take a couple of deep breaths and recenter.

5Review Your Answers

If time allows, double-check your answers. An extra glance might catch a mistake or two that could be the difference between passing and falling short.

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Standard Bank Tests FAQs

What are the Standard Bank tests?

Standard Bank employs a variety of tests during their hiring process to assess candidates’ aptitude, problem-solving skills, and personality alignment with company culture, adapted for different roles.

Are the Standard Bank tests hard?

The difficulty of Standard Bank tests can vary based on the role and individual strengths. Some may find them challenging, whereas others may find them manageable. Preparation is key.

How do I prepare for Standard Bank tests?

Preparing for Standard Bank tests is best achieved through consistent practice. Practice Aptitude Tests offers a wealth of practice tests that can help you get up to speed and perform your best.

How long does the recruitment process take at Standard Bank?

The duration of the recruitment process at Standard Bank varies depending on the role and the number of applicants, but it can take several weeks from application to final decision.

What are Standard Bank's core values?

Standard Bank values integrity, excellence, being customer focused, and operating in a responsible and sustainable manner, reflecting their commitment to both clients and communities.

Reviews of our Standard Bank tests

What our customers say about our Standard Bank tests

  • South Africa

    July 19, 2023

    Practice

    Not much to complain about.There’s enough time to practice.It’s just that you can’t go back to re/do them again

  • South Africa

    January 27, 2023

    It was hard

    The test makes you have more concentration which is a good thing but is hard to think if you don't have enough time to write

  • South Africa

    December 16, 2022

    It’s nice practice

    It’s a bit tricky cos one doesn’t know how to go with the sequence, whether from small to big or big to small