Over 60% of job candidates get rejected in the online psychometric tests stage of recruitment. Practice today and get your dream job with Bank of America first time. Follow proven recommendations and tips from Graduates First, a team of organisational psychologists and recruiters, to pass Bank of America’s aptitude tests, prepare for interviews and assessment centre.

Every year Bank of America receive tens of thousands of job applications in the UK alone. Unfortunately for applicants, there are only a few job openings at Bank of America so the competition is extremely tough. In order to streamline the recruitment process, Bank of America use online aptitude tests, often rejecting more than 60% of candidates as a result of their aptitude test performance – in some of their business areas.

The Bank of America recruitment process is made up of five different stages; each requiring you to do your best and outperform your competitors if you want to land your dream job. Our step-by-step guide provides you with expert tips for each stage of their recruitment process, which consists of:

  1. Bank of America Online Application
  2. Bank of America First Round Interview
  3. Bank of America Assessments – Online aptitude tests
  4. Bank of America Assessment Centre
  5. Bank of America Final Interviews

STEP 1

Bank of America
Online Application

This part of the recruitment process is your first chance to set a good impression and stand out from your competition. The online form will ask you to provide details of your education and any academic results, work experience and potentially some motivational questions, depending on the business area you apply to. As part of your application, you will also be required to attach a cover letter.

 Tip: Apply as early as possible, as applications are often reviewed on a rolling basis. This way you increase your chances of progressing through to the next stage of the recruitment process.

It is very likely that this stage will also include some motivational questions, such as:

  • What is your motivation to work at Bank of America?
  • Why do you want to apply for this particular role?

Tip: In answering motivational questions remember to be as precise as possible: refer to unique facts about Bank of America that motivate you to work there, such as special awards, CSR projects, etc. When describing why you want to apply for this specific role, mention the core skills required for this position and how these match both your previous experiences, as well as your personal interests.

STEP 2

Bank of America
assessment – Online aptitude tests

After you complete the online application form you will find out whether you have progressed to the next stage of the recruitment stage – this will consist of online aptitude tests.

Depending on your line of business, these may include Bank of America’s:

A. Bank of America Numerical Reasoning Test

 Since working at Bank of America will require you to use numerical skills and ability to interpret data from tables and charts, the Bank of America Numerical Reasoning Test will examine your ability to understand a previously unseen passage – as well as its data. You will be required to perform basic GCSE Maths calculations.

Do not worry if you have not done Maths in a while! The complexity of this does not lie in the knowledge tested but in the time pressure and stress involved. When taking your Numerical Reasoning Test, you will have less than a minute to read each question, analyse data provided and perform the necessary calculations.

Tip: The only way to succeed is to take practice tests beforehand. This way you familiarise yourself with the types of questions and become more confident. Learn how to manage your stress in a safe environment and you will not have to face rejection – just because you were unfamiliar with the process.

Learn more about Numerical Reasoning Tests

For more hints on how to pass a numerical reasoning test, visit our Youtube channel

If you are looking for a Bank-of-America-style Numerical Reasoning Test with answers, worked-solutions and professional score reports including personalised tips based on your performance – then Graduates First has it covered.

Bank-of-America-style Numerical Reasoning Test Example

Bank-of-America-style Numerical Reasoning Test Example

Bank-of-America-style Numerical Reasoning Test Example

Check if you got the correct answer at the bottom of the page.

For more FREE QUESTIONS similar to Bank of America’s assessment tests, register with Graduates First and take your FREE Numerical Reasoning Test now!

 B. Bank of America Verbal Reasoning Test

 Bank of America’s Verbal Reasoning Test strives to identify whether a candidate can accurately extract the relevant information from a previously unseen passage of text to analyse whether subsequent statements are true, false, or impossible to say based on the information contained in the passage of text.

For more hints on how to pass a verbal reasoning test, visit our Youtube channel

Bank of America’s Verbal Reasoning Test may be more difficult for non-native English speakers, though this can be combatted with practice: by practicing Verbal Reasoning Test questions as much as possible, you can understand the specific way in which the texts are built and questions asked.

Learn more about Verbal Reasoning Tests

Remember, you will have around 45 seconds to answer questions like the following

Bank-of-America-style Verbal Reasoning Test Example

Bank-of-America-style Verbal Reasoning Test Example

Bank-of-America-style Verbal Reasoning Test Example

Got the answer? Check it out at the bottom of the page.

For more FREE QUESTIONS similar to Bank of America’s online aptitude tests, register with Graduates First  and take your FREE Verbal Reasoning Test now!

C. Bank of America Situational Judgement Test

Bank of America’s Situational Judgement Test will examine you on your main characteristics and skills in dealing with unknown situations, that you are likely to encounter when working at Bank of America. You will need to use your common sense, and knowledge of a professional working environment, to identify the courses of actions that are most desirable.

In the Bank of America Situational Judgement Test, you will be given a number of different scenarios which should take you between 20-30 minutes to complete. Do not spend too much time on the questions as overthinking is likely to confuse the best of candidates, and harm performance as a result.

The main difficulty in Situational Judgement Tests comes from the fact that all answers might seem to be good ideas. They will all have some good qualities –so you need to differentiate between which ones are really key.

Tip: Always start with reading all the statements rather than evaluating them as you go along. This will help you to make better decisions.

Bank-of-America-style Situational Judgement Test Example

Bank-of-America-style Situational Judgement Test Example

 Learn more about Situational Judgement Tests

For more FREE QUESTIONS similar to Bank-of-America-style Situational Judgment Tests, register with Graduates First.

STEP 3

Bank of America
Competency-based Interview

If you have successfully passed the online tests stage, you will be invited to a one-on-one interview with a professional from Bank of America. This is an opportunity for you to demonstrate your interest and potential skills that make you suitable for the particular role that you applied to.

This interview will be competency based (CBI) and will be focused around your CV and personal motivations, so review your CV and prepare examples of situations where you demonstrated key skills of ideal candidates. Examples include: teamwork, determination, creativity, initiative, resistance, leadership, etc.

You should prepare some ideas of examples that you can use later during your interview, and base these on the most common types of interview questions.

 Want to know what questions could come up in your interview? Graduates First can help with the Question Identifier Tool (QIT). You can find it here.

STEP 4

Bank of America
Assessment Centre

If you have successfully passed the first-interview stage, you will receive an invitation to the Bank of America Assessment Centre. You will be asked to take part in a few assessment exercises, that are very likely to include:

A. Group Exercise

This exercise will examine your ability to work as part of a team. Throughout this task, various employees will observe you on how you solve problems as part of a team, when under time pressure.

It is important that you are confident enough to share and argument your ideas, but also be ready to contribute to somebody else’s input. Most importantly: speak clearly and never interrupt anyone!

Tip: Try to persuade others towards your ideas and also ask critical thought-provoking questions, but only do so when it feels natural. You need to appreciate that other people are just as important on the team.

Learn more about Group Exercises

B. Presentation

In this exercise you will be provided with a candidate brief which will tell you what is required of you, including any relevant extra information you might need to use. You will then be given strict time limit to review the information and prepare a presentation.

Tips:

  • Watch the time when you present – it is your responsibility to not exceed your allowance. Do not finish too early either – it might mean that you had very little to say.
  • Ensure good body language and maintain relaxed eye contact. Speak clearly and vary your style, speed and tone. Try to stand still and remember: smiling always helps.
  • Make sure to pick up any key facts from the information provided and be confident to speak about it if you are asked questions.
  • Involve your assessor. At the end of a sub-topic or flipchart you can ask your assessor if they have any questions. You can also start by asking if they would like to see anything specific in your presentation, other than what you have outlined in your agenda.

Learn more about Presentation exercises

 C. Role Play

In this task you will be given around 20 minutes to work in a pair and analyse a set of information. You and your partner will then need to prepare your response. In the second part, your interviewer will play the role of a client and you will be representing Bank of America. In this task, you will need to display your negotiation skills, teamwork and analytical thinking.

Learn more about Role Play and the tips to successfully pass Role Play exercies

 You can also have a look at other examples of assessment centre exercises by clicking on this link

STEP 5

Bank of America
Final Interviews: questions and answers

Now how do you prepare for the Bank of America interview?

The answer to this question will depend largely on the particular line of business and role you applied to. Since each position requires certain set of skills and some pre-requisite knowledge, make sure to do an extensive research to know exactly what is required for this role.

Nevertheless, we’ve come up with some common examples:

Bank of America Interview Teamwork questions

  • Have you ever been in conflict with a colleague? How did you resolve it?

To answer this question correctly you need to refer to some sort of conflict you were involved with; it is not sufficient to say you are a not a problematic person and have never been in a conflict with anyone. Conflicts are a natural occurrence at a workplace. Think of a situation where your opinion differed to someone else, explain the context and give reasons as to why you believed your idea was superior, but don’t be dismissive or arrogant. Show appreciation and understanding for other team members and describe how you managed to reach a conclusion, referring to skills such as communication skills, compromise, and professionalism.

  • How would you support one of your team members if you notice they are stressed?

In this question you need to show that you can use your emotional intelligence to be of support to your colleagues and other team members. Refer to your previous experiences where you helped out a colleague, or discuss a hypothetical situation and how you would react to it. It is important to stress that although your involvement and help to team members is appreciated, it cannot be forced to the extent that your invading someone else’s personal space.

Bank of America Interview communication questions

The most common types of questions in this series will be “Tell us more about yourself”. Talk about your academic interests, extracurricular activities, as well as general passions and hobbies. Although these do not have to suit the position you applied to – make sure to stress specific skills you learned or experiences you gathered. For example, if you competed in sports do not just focus on how much fun it was: stress the discipline and hard work it required, as well as the team skills it involved and developed, etc.

Bank of America Commercial awareness questions

In this section you will be tested on your knowledge and appreciation of the company, and its position in the market. By this point you should have already done your research about Bank of America’s history and culture, sustainability projects, recent developments and technological changes in the industry, and should be aware of their main competitors. The questions can include:

  • What do you know about Bank of America?
  • What are the differences between Bank of America and other competitors in the market?
  • What do you understand about Bank of America’s company culture and values?

Interview Brain teasers

These type of questions are usually considered the most difficult – mainly because they are very abstract and as such, there is little advice you can get besides the old cliché – “be yourself”. Assessors are looking to see how you think when confronted with puzzling questions and how creative your answers can be to questions like:

  • How many barbers are there in London?
  • Describe the colour red to a blind person.
  • How would you test a calculator?

Do you want to pass your Bank of America assessments first time? Sign up for tools offered by Graduates First, the only aptitude practice test experts that provide tests to over 70 UK universities and their students, and also across Asia and continental Europe.

Go to Graduates First now and select from the range of products we offer at no risk. We offer a comprehensive premium package with a full set of assessment tools for candidates (numerical, logical, verbal reasoning, situational judgment tests, assessment centre exercises and more). Buy with peace of mind without commitment to a full 100% money back guarantee.

Correct answers to example questions:

Numerical Reasoning Test: D

Verbal Reasoning Test: B

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