Barclays Wealth Application: Rejected

As part of a new post-type series, and to keep this thing fresh and interesting, I am going to start posting my answers to those long and much-dreaded motivational questions we’ve all had a go at BSing filling out.  But to keep from making things too easy for you, I’m only posting my answers for applications in which I was flat-out rejected.  No online assessment invitations, no telephone interviews, no nothing.

Queue the disclaimer.

This might upset the companies mentioned, but what haven’t I done on this blog already that could potentially put me on their noughty-list (hah… see what I did there?).  Obviously, I do not endorse using my answers on your own application.  That would just be stupid.

I should also say that I am not bitter that these companies rejected me.  They are just doing what they have to do.  These posts are strictly for entertainment purposes only.

To protect the identities of people, places, some organisations and myself, some information may be changed or removed.  Of course, if the named-company wanted to find out who I was, it would be no problem at all.  To that I say, I don’t care.

OKAY!  Now that that is all out of the way, first up, Barclays Wealth.

 What makes you suited to a role in wealth management?

I discovered my ambition to work in wealth management early on working with my own investment account. Since then both friends and family have been coming to me for investment advice. My best investments and recommendations included “Company F” and “Company U” in 2003-2004, which helped fund a large part of my education.

More importantly, along with exceptional academic results in finance and a leadership position in my university’s investment club, I believe my engaging personality will help me to build lasting relationships with my clientele.

What differentiates Barclays Wealth from its competitors?

At the recent Barclays Wealth presentation held in conjunction with the “University’s Investment Club”, I proposed this same question.

As the world’s most successful private bank, it is not just exceptional client service that sets Barclays Wealth apart from its competitors. The firm’s advanced network of expertise allows it to provide its clients with superior products. For example, along with a thorough assessment of the client’s financial personality, the firm’s specialist expertise in tax provides an additional layer of value creation for its clients.

Describe a recent development in the wealth management industry. What implications might this development have for Barclays Wealth?

The Comprehensive Spending Review and the impending pressure it will place on the UK economy have raised fears of a possible double-dip recession.  As well, similar concerns exist in the US as a result of its fiscal and monetary policy issues.

As a result, private banking clients may wish to reduce their exposure to these economic uncertainties, so as to prevent a possible devaluation in their portfolios.  Barclays Wealth will need to be able to offer their clients guidance on assets that offer long-term value in the years going forward.

Dear TNG

Thank you for your interest in career opportunities at Barclays Wealth.

We have now carefully reviewed your resume.  Though your application was strong, we have a large number of candidates whose skill set and background more closely match our requirements and unfortunately we cannot offer you a place in the next stage of our recruitment process.

However, we appreciate your interest and wish you every success in the future.

Kind regards

Barclays Wealth Campus Recruitment

That wasn’t so bad now, was it.  No hard feelings BW.

14 thoughts on “Barclays Wealth Application: Rejected”

  1. Unlucky :( did you also apply for RBS Coutts?

    When did you receive your rejection? Deadlines for BW closed 2 – 3 months ago if I remember correctly..?

  2. Hey,

    A manchester graduate in a similar boat to you except I’m trying to go through the internship route. Anyways, i applied to BW and got flat out rejected. Answers were similar to yours (maybe that’s the fault?) and they seemed to think my CV wasn’t strong enough despite me doing economics, working at a PWM company in Hertfordshire, and the fact i also trade. My guess: their HR dept are useless! Keep blogging, I like your sense of humour.

  3. Hey TNG, I first posted as a anon in one of your first posts on your blog. Time has flown by quickly… and it seems like visitors have grown. Anyway just wanted to say thank you for your refreshing insight into the assessment stages of some of the more popular big grad recruiters.

    Graduate unemployment sucks!

    Want to add that a reliable source told me that BW were recruiting only a handful of graduates most of their graduate places were filled by summer interns making the competition particularly rough. There must have been odds of something like 100 to 1 or even worse. I thought the chances were so ridiculous i could not even force my self to send in an application.

  4. Hey, P, glad to see you back. Yeah, time’s gone by too fast. And the blog has indeed grown.

    That source was probably right. Reminds me of the IB recruitment fair at Bristol. Purely for show. Time better spent elsewhere.

    Thanks for checking in, and I’m happy to hear you found my posts useful!



  5. I applied to BW and no reply yet. Not sure if I should take that as a positive sign or not. I’ve either been flat out ignored or will be rejected next week.

  6. Hi! I’ve always thought documenting a job hunt would be good idea, so glad I found this blog! I dare say it’s even more insightful than a careers advice website albeit their expertise because there’s nothing like hearing a first-hand experience. You’ve inspired me to do the same (i.e document my job hunt). So feel free to drop by and maybe exchange some thoughts and I wish you all the best for your job hunt!

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