I applied online. I interviewed at Houlihan Lokey (Los Angeles, CA)
Interview
The first round asked about some basic concepts of derivatives, like delta, gamma, and vega, with no calculator. The second round was the coding task of pricing the structured product (option).
Interview questions [1]
Question 1
What is the delta of a combination of long and short call with the same strike
Pretty tough - 2 back to back interviews, first was 45 mins with vp associate analyst, then after hour long interview with MD. MD had a list of 50 questions he read off 1 by 1
Interview questions [1]
Question 1
All behavioral - tell me about a time when you were In a difficult situation and how did you handle it
I applied online. The process took 4 weeks. I interviewed at Houlihan Lokey (New York, NY) in Sept 2023
Interview
first round with vp and second round svp with technical and final round with the senior member. two tech rounds with one bq rounds fit based. got rejected finally probably not fit.