
Teacher Retirement System of Texas Investment Analyst Interview Questions
& Process
Real candidates share what happened, how many rounds they had,
and how the experience turned out.
Based on 5 interview experiences · FREE TO READ
Candidate interview experiences
First-hand accounts from people who interviewed at Teacher Retirement System of Texas.
Investment Analyst
It was a long interview process. First, there was a phone screen with an analyst and an associate who asked some basic technical questions. Then, there was a second round, a panel video interview with the whole team (except the most senior folks). I was asked more light technicals (like how to value something) and some behavioral questions (like about my strengths). This was months after the first one. After that, I moved to a third round. This was a long interview where I met everyone on the team in groups. It lasted from 8 AM to 2 PM and was mostly behavioral questions with only a few technicals. They also threw in some brain teasers to see how I'd handle pressure, and I admit I got a little fried and freaked out. They're really trying to assess culture fit here. No case study and not much technical discussion. It's super important to know your stuff for the specific investment vertical, but also to think like an investor.
- What makes you interested in TRS?
- What's your method for valuing X?
- Can you explain why investors utilize benchmarking?
Investment Manager
I got contacted about a month and a half after applying. I met with two managers in a conference room, both who had been at the company for at least 2 years. They had HR-provided questions that were pretty standard, but they added a few of their own. It seemed like they really wanted someone with a Quant background, but since I came from PE, I didn't have much applicable experience to share.
- Are you familiar with tracking error and information ratio, and how to use them?
- Could you tell me about any investment books you're currently reading or have on your bookshelf?
- How would you feel about starting at an entry-level position considering your prior experience versus the length of your career?
Investment Analyst
I was called in for the morning; I was interviewed by my prospective manager for about half an hour, and then I had four half-hour shifts with one or two team members for the rest of the morning. I think each pair picked their favorite ten questions from the same list of fifty, so I think I answered some of them multiple times. I was called back for a second interview – it was the same process again, except that one of the interview shifts included an HR person. Both she and the manager of a nearby group (same level as my prospective boss) seemed to assume I'd get an offer. I think between both days I probably met half the people who work on my floor.
- What do you consider to be your biggest knowledge gap that you'll need to bridge in this role?
Teacher Retirement System of Texas Investment Analyst Interview Questions
Quoted word for word from Teacher Retirement System of Texas interview reports.
“Can you explain why investors utilize benchmarking?”
Read reports →“Could you tell me about any investment books you're currently reading or have on your bookshelf?”
Read reports →“What's your method for valuing X?”
Read reports →“If you were not in finance, what career path would you pursue?”
Read reports →“Suppose you were appointed head investor today; what actions would you take?”
Read report →“How would you approach allocating a fund?”
Read report →“What makes you interested in TRS?”
Read report →“Have you ever successfully persuaded a decision-maker to adopt your recommendations?”
Read report →“How would you feel about starting at an entry-level position considering your prior experience versus the length of your career?”
Read report →Formats, difficulty and experience
Across all 5 Teacher Retirement System of Texas interview reports.