Internal Sales Interview - Mutual Funds

Hey guys,

I have a few interviews coming up at a few well-recognized and established mutual fund/buy-side companies. I would be selling their mutual funds to financial advisors and be partnered with an “external” counterpart. I’m sure a lot of you already know what I’m talking about.

What I want to know is: what should I definitely have down-pat before going in for these interviews?

In addition to that, there is no doubt that they are going to ask me to sell something to them so they can guage how convincing I am. What is the best way to approach this kind of question? Can someone maybe provide me with a general framework on how to approach this kind of question? I know its pretty self-explanatory, but I would still appreciate the input.

Thanks in advance

Check out the thread below:

http://www.analystforum.com/forums/careers/91318695

Sweep and a few others helped me successfully land an internal sales role. Good luck.

Send me a PM if you want to converse privately. I was an internal for a few years before moving up the food chain. I’m happy to give you some idea of what to expect.

To your question about being asked to sell something…most places will ask you to give a short presentation (don’t say sales pitch, nobody likes that term) on one of their funds. Some places will do something really stupid like say, “sell me this chair.” That’s a good indicator of a place you don’t want to work.

Anyway, don’t worry about knowing all the MPT stats or process / philosophy of the fund you’re pitching. They really just want to see if you can get up and be confident in a tough spot. I think I covered most of what you’re asking about in the other thread. Like I said, PM me with any questions (or just reply here, either way).

Thanks guys, I appreciate it. I’ll definitely PM you if I still have questions after reading through the thread you posted

Just had a series of interviews for this position as well. Signed the papers last week. Found this thread and Kan-yeezy’s thread very insightful. Thanks for the help guys.

Congrats man

You’re welcome.

Take note everyone. This is how you get ahead in life. Take credit for everything all the time.

fixed

Good stuff clearlycanadian, I know a few people who have now used that thread to land inside roles and they’re not even members of this forum.

Are you in Toronto? We just hired a whole fleet of new insides so you might even be on my team.

I’m based out of Vancouver with one of the big 5 banks. I will be in Toronto for a few weeks over the next month or so tho. I’ll fire you an email Kanyeezy.