
Commerzbank Trader Interview Questions
& Process
Real candidates share what happened, how many rounds they had,
and how the experience turned out.
Based on 6 interview experiences · FREE TO READ
Candidate interview experiences
First-hand accounts from people who interviewed at Commerzbank.
Trader
I applied through the college job board and heard back about 2 months later for an interview. They started by going over my resume. Then they asked me about my time management, my career path, and my thoughts on market expectations based on a quote they provided. They also asked why I wanted to be a trader and what I find fun about the role. The questions weren't super technical.
- What motivates your desire to pursue a career as a trader?
Trader
It started with a phone interview, which was mostly about my motivation and presenting the desk. Then, I had an on-site interview in Frankfurt with 4 traders, each session lasting 30 minutes. The on-site was heavily technical, covering Trading, IT, and Derivatives. Knowing SQL, VBA, and basic derivatives pricing would have been helpful. I got an offer the following week. The entire process took 3 weeks. Expect some brainteasers during the on-site.
- How can you replicate a Discount Certificate?
Trader
Got an offer for a trading position in exotic equity derivatives from alumni. An initial phone chat was set up via email. The interviewer called on time and asked me to introduce myself, explain my interest in the role and company. We then went over a few probability problems, some basic arithmetic, and mental math exercises, followed by a discussion on fundamental options concepts and some more complex (exotic) options. The call lasted about 30 minutes and was quite pleasant.
- How would you hedge an at-the-money digital call option using standard vanilla options?
Commerzbank Trader Interview Questions
Quoted word for word from Commerzbank interview reports.
“Imagine a client with £10M today, whose 13-year-old son will receive £10M guaranteed in 5 years. The bank suggests a structured product with a ZCB and a digital option. What would be the value of the binary option coupon, given a 1% risk-free interest rate and 1% commission?”
Read reports →“How would you hedge an at-the-money digital call option using standard vanilla options?”
Read reports →“How can you replicate a Discount Certificate?”
Read reports →“What is the company's core business?”
Read reports →“What motivates your desire to pursue a career as a trader?”
Read report →“What do you know about our competitors?”
Read report →“Do you have any technical knowledge relevant to trading?”
Read report →“Can you discuss your past experiences as listed on your CV?”
Read report →Formats, difficulty and experience
Across all 6 Commerzbank interview reports.