6 questions reported in Wellington Management interviews, organised by the group that asks them. Every question carries a model answer and graded feedback on your own attempt.
Questions
Easy · Medium
Hard
Model builds
Built in the spreadsheet grid
Conviction, downside cases and knowing when the work says no. 3 questions
A first-round buy-side question testing whether you distinguish company quality from an investment opportunity.
A candidate says, "I would buy Company A because it has great products, loyal customers and a strong management team." What is missing from that answer?
A research interview scenario testing how you turn an earnings release into a differentiated trade decision.
You cover a retailer whose shares trade at $40. Consensus expects next year's EPS of $4.00 and management guides to $3.70 after a weak quarter. Your initial work suggests the miss comes from a…
A buy-side analyst simulation testing whether you can update a view before the morning investment meeting.
You cover a long position in a vertical-software company. An alternative-data alert challenges the core thesis two hours before the portfolio-manager meeting. Work through the evidence and write the…
Multiple testing, out-of-sample discipline, capacity and decay. 1 question
A first-round check that a research candidate can separate a strategy outcome from the market outcome it rode along with.
A paper portfolio returns 8% in a month while its benchmark returns 5%. What is the portfolio's active return? Is that enough to call the signal good?
Stochastic calculus, VaR and expected shortfall, and model limitations. 1 question
Credit-risk teams use this to test whether candidates look beyond default as the only adverse outcome.
Why does a corporate bond investor care about credit migration if the issuer never defaults? Walk through the risk of a BBB bond being downgraded to BB.
Strategic versus tactical allocation, risk parity and rebalancing rules. 1 question
A multi-asset investment-team risk meeting where an analyst must redeploy a fixed risk budget as correlation and liquidity conditions change.
You support the weekly risk meeting for a $1.2bn multi-asset mandate. Allocate the portfolio's 100 marginal-risk units across the available sleeves in each round. The committee cares about what drives…
Write your answer, get it graded on technical accuracy, completeness and communication, and see exactly which mechanic you missed.
Company tags reflect where a question type is commonly reported in interviews. They are not sourced from, endorsed by, or affiliated with Wellington Management.