Banking Test

Banking tests measure the skills and character traits of applicants for a particular banking position.

  • What is a banking skill test?

    Banking skills tests assess applicants on their adeptness in a range of crucial skills required to succeed in any banking job role.

    Banking requires a keenness for mathematics, but there are many roles within the industry requiring a robust and diverse set of skills that recruiters should be testing their applicants for. Irrefutable problem-solving and analytical abilities, strong verbal communication, banking industry knowledge, and acute attention to detail are also vital competencies in a banker.

    The tests commonly cover topics such as reasoning skills for numerical, financial, verbal, and abstract abilities as well as approaches to collaboration and teamwork, decision making, ethics, and confidentiality.

    These tests are usually sent following online application submission. They are mostly under timed conditions, based on multiple-choice questions and give candidates approximately two or three days to complete them.

    The timed nature of the test draws out applicants with the ability to perform accurately whilst under pressure - a useful trait for a banking professional.

About the Banking Test

Banking is a lot more varied than meets the eye. Bankers must be able to build and maintain positive client relationships whilst staying up to date with the latest products, systems and laws that may impact a clients' wealth.

To help clients maximize their income and savings, bankers must be analytical, strategically minded and assertive. Banking recruiters benefit from using aptitude tests to identify the strongest candidates for such a demanding role.

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  • Why use pre-employment testing for banking?

    Finding the best candidate out there is the goal but without the proper tools, not an easy one. Identifying brilliant candidates in a pool of resumes is near impossible, most will boast comparable qualifications and work experience, but how do you know if an individual can perform on the job?

    A banking skills test is the tool required to find top talent. Giving companies the ability to issue skills tests to a wide pool of candidates, receiving comparative data in return. Test result analysis will give an explicit and unbiased ranking of your most promising applicants. Improving the quality of hires in a streamlined fashion.

    The test highlights how skilled a candidate is in essential abilities of a banking professional such as an outstanding numerical aptitude, acute attention to detail, statistical analysis, creative thinking and universally ethical judgement.

    Candidates that don't meet the expected standard for the role can be discarded from the talent pool, limiting the likelihood of time-wasting personal interviews.

    Job roles banking skills tests would be suitable for include:

Picked Sample Report

View a sample report

Results for the Banking Test along with other assessments the candidate takes will be compiled to produce a candidate report. The report is automatically generated and available both online and as a downloadable pdf so they can be shared with other team members and employees alike.

Which specific tests should you use?

The following tests are useful in measuring the quality of your hires for banking positions:

  • Numerical Reasoning
  • Abstract Reasoning
  • Personality
  • Verbal Reasoning
  • Job Knowledge Test

Numerical Reasoning

A numerical reasoning test measures potential employees ability to apply numerical understanding in a realistic context. Faced with a series of timed, mathematical questions, candidates must work to solve them quickly and accurately.

Numerical reasoning tests require a good understanding of core mathematics, all useful for a banker to be skilled in. However, the emphasis is placed on showcasing the ability to interpret data and statistics in the form of graphs and tables to find the correct answer.

Abstract Reasoning

Abstract reasoning tests measure a candidate's ability to think with fluid intelligence, predicting outcomes and trends with confidence. Candidates with good abstract reasoning skills will be able to find relationships between patterns, shapes or data, then apply that relationship to predict what comes next.

Naturally, this is a sought after skill for banking roles, enabling employees to predict financial markets and effectively maximise their clients' wealth.


Personality tests can be used to understand whether a candidate is a good cultural and team fit – for example how well they will build rapport with clients, how well they'll fit into the team, and if they are aligned with company values.

The personality traits a candidate is tested will relate to qualities you'd expect for a client-facing role such as bank assistant, teller or financial planner. A perfect banking professional would demonstrate skills in the following, which a personality test can identify:

Verbal Reasoning

Verbal reasoning tests measure a candidate's ability to digest large volumes of written and oral information, identifying if the information is true, implied truth or completely false.

Candidates scoring highly on this test have outstanding communication skills that will lend themselves to building client relationships, understanding requirements, processing information and following procedures.

Job Knowledge Test

Job knowledge tests are industry-specific and measure how accustomed a candidate is to the world of banking. It will look at consumer and commercial trends, current affairs relating to banking and financial regulations. This identifies candidates who are most prepared with the latest knowledge to aid them in succeeding.


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Instant access to our full testing suite.

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    Fully accredited

    All our Banking tests are written by accredited psychologists and fully validated.

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    For all levels

    We offer Banking tests for all levels so you can assess all roles within your organisation.


Energize selection process

Streamline hiring with our out-of-the-box tools.

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    Smart automations

    Automated actions such as alerts and reminders ensure a smooth candidate experience.

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    Instant results

    Receive candidate results in real-time so you can make decisions in hours, not days.


Make better hires

Improve hiring with bias-free, data-driven decisions.

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    Analytics dashboard

    Our full array of candidate performance metrics will provide actionable data on each of your candidates.

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    Candidate comparison

    Simple, easy-to-use candidate comparison reports mean you don’t need to be a psychologist to interpret them.

“We used Picked as part of our Finance Graduate Scheme recruitment and it was just what we needed – really simple to send candidates the link to complete and clear to see how the all compared. And great value for money!”
Christina, HR Director, Cancer Research, UK
Christina, HR Director, Cancer Research, UK
Banking Test expert

Written by a Banking Test expert

Our team of assessment experts is made up of I/O psychologists and psychometricians who are dedicated to making all of our tests as reliable, valid and fair as possible. They strictly adhere to best practices in the industry and stay on top of the latest innovations to ensure job candidates’ unique profiles of characteristics, abilities and knowledge are being measured accurately while minimising bias. They leverage decades of research and advanced predictive analytics to build assessments that link to outcomes that matter, such as job performance, turnover, engagement, culture fit and more.

“Personality profiling allowed us to perform lookalike modelling of our most successful employees and use this as a blueprint for new hires.”
Nick, HR Operations, Airbus, Spain
Nick, HR Operations, Airbus, Spain


What is the typical recruitment process in a bank?

A typical recruitment process for an accounting firm might look like this:

  • Online application with aptitude tests
  • Telephone interview
  • In-person interview
  • Assessment centre
  • Job offer
What skills does a candidate who works in a bank typically need?

The key skills required to be successful in an accounting role include:

  • Excellent interpersonal skills
  • Mathematical competency
  • Highly analytical
  • Statistically minded
  • Strong written and verbal communication
  • Understanding of the regulations for banking and finance
  • Industry awareness
  • Logical aptitude
What is the cost for Picked's banking test?

We believe in simple, transparent pricing. We operate monthly and annual subscriptions so you can pick the perfect plan for you. Don't worry if you're not sure: you can always upgrade or downgrade later, or speak to us to discuss the option of a custom made plan to fit your needs. This is all you ever pay – no set-up or hidden fees.

Can I get a free trial?

Yes, sign up (no credit card required) and we'll give you a 7-day trial completely free. You'll get unlimited access to create as many jobs and test as many candidates as you like. You can cancel any time and you won't be charged anything.

“Focusing on data reduced the subjective decision making from our hiring process and allowed us to reduce bias and make better hiring decisions.”
Izzie, Head of HR, iZettle, Sweden
Izzie, Head of HR, iZettle, Sweden

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