Financial Services Test

Financial services tests measure candidates on the essential skills, competencies and behaviours required to excel as an employee within the financial services sector.

  • What are financial services tests?

    Financial services tests are blended assessments that bring increased efficiency and insight to the recruitment process for financial services roles. It helps employers within this sector identify applicants with the highest levels of proficiency and the greatest potential to thrive.

    The tests use questions designed to assess the core skills and attributes known to contribute to success as a financial services professional. They look at abilities such as problem-solving, critical thinking and decision making, as well as testing for general financial acumen. They are also taken under timed conditions, so measure a candidate's ability to apply these skills when working under pressure.

    Ideally administered in the early stages of recruitment, a financial services test is an efficient way to narrow down a large applicant pool, and focus your attention on those candidates of most value to your organisation.

About the Financial Services Test

Recruitment is a complex process that requires careful assessment of each applicant's core skill set – and in financial services, that skill set is diverse.

Picked's financial services tests are designed specifically for this purpose, allowing you to evaluate key competencies at scale, improving the quality of both the hiring process and the applicants you progress.

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  • Why use pre-employment testing for financial services?

    Whether you operate in investments, insurance, or business banking, as an employer within the financial services industry you want to ensure that you source and select the most promising talent for any given position.

    To do this, you need to overcome two key challenges: dealing with the sheer volume of applications you're likely to receive, and evaluating skills and attributes that are impossible to assess on paper.

    Picked's financial services test helps you meet these challenges. Easily administered to your entire applicant pool, it makes for an effective screening tool. Instead of relying on CVs and application forms, you can put each candidate's claims to the test to determine just how skilled they are.

    Detailed performance reports give you comparable data, so you can quickly pinpoint the most promising talent for progression and eliminate those that fall below your required benchmark.

    A financial services test brings objectivity, accuracy, and evidential proof of an applicant's abilities to the recruitment process. These assessments are also a strong indicator of a candidate's capacity for learning, so you can be confident that your chosen hire has what it takes to develop in their role.

    Picked's financial services test may prove a useful tool when hiring for:

Picked Sample Report

View a sample report

Results for the Financial Services 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?

For a well-rounded candidate profile, an effective test battery would include:

  • Numerical reasoning test
  • Financial competency test
  • Diagrammatic reasoning test
  • Abstract reasoning test

Numerical reasoning

Numerical reasoning tests look at an applicant's ability to evaluate, interpret and draw logical conclusions from numerical information that is new to them - a key skill in any financial services role.

The test taker is required to work with data presented in tables, charts and graphs, using it to solve a number of problems with both speed and accuracy, much like they'd be expected to do in their day to day role.

Financial competency tests

These are job-specific aptitude tests that pay close attention to the fundamental skills required of any given role.

You'll find an extensive range of these in our test library, from financial analyst tests to actuary tests.

Diagrammatic reasoning

In a diagrammatic reasoning test, a candidate is required to apply their analytical and logical reasoning skills to solve a series of abstract problems.

Those that perform well have the ability to take new information on board, and use it to inform an accurate outcome, as they would be required to do in a financial services role.

Abstract reasoning

Another measure of problem-solving ability, abstract reasoning tests ask candidates to complete visual sequences by identifying rules and relationships between shapes and patterns.

These assessments help to highlight those that are quick to process information, and as such have a strong capacity, not just for problem-solving, but for learning too.


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Instant access to our full testing suite.

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    Fully accredited

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

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    For all levels

    We offer Financial Services 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
Financial Services Test expert

Written by a Financial Services 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 the financial services sector?

A well constructed and comprehensive recruitment process in the financial services sector includes an initial application, pre-employment aptitude tests, interviews and an assessment day, the combination of which allows for a thorough evaluation of candidate suitability.

What skills does a candidate in financial services typically need?

Skills required of applicants to roles in financial services include numerical aptitude, critical analysis, problem-solving, teamwork, communication and attention to detail. They must also possess technical skills such as proficiency with spreadsheets and IT literacy.

What is the cost for Picked's financial services test?

Picked operates on a monthly or annual subscription basis. We have several plans to suit your hiring needs, which you can check out here. Alternatively, you can get in touch with us to discuss a custom plan.

Can I get a free trial?

Yes, simply sign up (no credit card is required) and we'll give you unlimited access for 7 seven days. Create as many jobs and test as many candidates as you want; you won't be charged a penny.

“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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