Testing Service


Compliance & Recruitment Testing Service


Our online test bank boasts over 1000 multiple choice questions set by industry professionals including: Professor Moorad Choudhry, Massimo Morini, Saeed Amen, Jörg Kienitz & Daniel Duffy.


Compliance Testing Service


Compliance testing can be limited to IQ and aptitude tests with the technical knowledge only assessed in an interview during recruitment. Our job-specific test bank adds another range of measurement, by testing your employee’s current technical proficiency in the ever changing regulatory environment.  

Trial our compliance testing service in order to assess an employee’s strengths and weaknesses in their respective positions with our unique online test bank. We are currently trialing one of these test banks on Asset Liability Management (Strategic ALM and financial markets), would you be interested in a complimentary trial?

To enquire more about our Compliance Servicesplease contact us.

Strategic ALM and Financial Markets Testing

This test bank will assess your employees knowledge on the operation of the bank within the wider capital and financial markets. With a focus on market instruments, the use and application of securitisation for balance sheet management and wider stakeholder concerns including how a bank should undertake its recovery and resolution planning. There will also be a focus on the process of obtaining a formal credit rating.

  • Capital market disciplines for bank issuers (AT1, T2, Secured, Unsecured)
  • The mechanics of securitisation for balance sheet management
  • Recovery and Resolution Planning
  • Investor relations and the credit rating process

Strategic ALM and Financial Markets Testing test bank is applicable to the following employees:

  • Treasury Senior Management
  • Heads of ALM / Money Markets
  • Asset-Liability Committee
  • (ALCO) membership
  • Heads of Balance Sheet Management
  • Liquidity Managers
  • Liquidity stress testing
  • Balance Sheet Managers
  • Funds Transfer Pricing
  • Treasury consultants 
  • ALM Managers
  • Internal Auditors
  • Operational risk management
  • Capital stress testing

The questions within the Strategic ALM and financial markets test bank have been set by Professor Moorad Choudhry

We have other compliance test banks on the following topics:

  • Bank ALM operating model and risk management governance
  • Bank balance sheet risk management
  • Bank liquidity risk management
  • Bank capital management

Quantitative Research & Model Risk test banks will be available later this year: 


Sample Questions: Asset Liability Management (Strategic ALM and financial markets)


Q. Dodd-Frank is aimed at SIFIs with assets over what amount?

Select one:

a. US$75bn

b. US$25bn

c. US$50bn

d. US$100bn


Q. What is a Client Management Group under the Financial Stability Board Framework?

Select one:

a. an institution's investor relations department

b. collectively an institution's relationship management teams

c. collectively home and host authorities for an institution

d. collectively the senior management of an institution


Q. For a securitisation, in the allocation of cash (waterfall) who would typically be entitled to excess spread

Select one:

a. Servicer

b. Trustee

c. Holder of the Junior Note

d. Holder of the Senior Note


Q. Which of the following might be considered as valid early warning indicators (EWI) to incorporate and monitor as part of a Recovery and Resolution Plan (RRP)?

            I. Market indicators, including share price, CDS spread and term funding spreads

            II. Cost-to-income ratio, remuneration as share of net P&L

            III. Internal liquidity indicators such as Depositor Concentration and Top 20 depositor balances

            IV. Volatility indices such as the VIX

Select one:

a. I and III only

b. I only

c. I and II only

d. I, III and IV only


Q How is it possible for the investor (holder) to suffer loss on a AAA-rated senior tranche when there has been no capital erosion of the holding?

Select one:

a. Because the erosion of an element of the subordination means the note is now worth less than par.

b. Because the note has been marked-to-market at a loss following default losses amongst underlying assets

c. All of the above.

d. Because the credit rating has been downgraded following default losses that have impacted the lower-ranking tranches


Test Bank: Bank Treasury, Liquidity Risk & ALM

Professor Moorad Choudhry

Professor Moorad Choudhry is at the Department of Mathematical Sciences, Brunel University. He is also Honorary Professor at Kent University Business School and Visiting Teaching Fellow at the Department of Management, Birkbeck, University of London. Moorad has over 25 years experience in banking in the City of London and was latterly Treasurer at Williams & Glyn plc, Royal Bank of Scotland. Prior to that he was Head of Treasury at RBS Corporate Banking, Head of Treasury at Europe Arab Bank, Head of Treasury at KBC Financial Products and vice-president in structured finance services at JPMorgan Chase Bank. Moorad is a Fellow of the Chartered Institute for Securities & Investment and a member of the Board of Governors of IFS-University College. He is Editor of Review of Financial Markets, and on the Editorial Boards of the Journal of Structured Finance, Qualitative Research in Financial Markets and American Securitization. He is author of The Principles of Banking (John Wiley & Sons 2012).


Recruitment Testing Service


The Quants Hub will offer a FREE candidate testing service to all banks & financial institutions on the following job specifications: Quantitative Research, Algo/FXTrading, Advanced FX Option Pricing, Quant Developers/Programmers, Risk Management, Treasury, Liquidity Risk, ALM....

So how does it work?

The testing/vetting will be in a multi-choice format from our vast test bank which boasts over 1000 questions. Our comprehensive test bank can be fully tailored to each job description, selected from a wide variety of financial disciplines to suit your recruitment needs. Financial institutions can take each test before they use the facility and all jobs will be subsequently posted on the site for free. The multi-choice test bank will be time sensitive and randomized for each candidate tested. Candidates will be charged £199.00 to take each individual test, both enhancing their CVs and boosting their chances in this competitive jobs market. A full report will be generated from each test to help financial institutions recruit the best possible candidates. 


Candidate Testing Faculty Members & Test Bank Topics


Test Bank: Algo/Systematic Trading, FX Systematic Options Trading & FX Option Pricing

Faculty Member: Saeed Amen, Managing Director & Co-Founder, THALESIANS

Saeed is currently publishing ground-breaking quant strategy notes at Thalesians Ltd., drawing upon nearly a decade of experience both creating and running systematic trading models successfully with real cash. Independently, he is also a systematic FX trader, running a proprietary trading book trading liquid G10 FX. He is currently also writing a book on trading which is due to be published by Palgrave Macmillan (title: Trading Thalesians - What the ancient world can teach us about trading today). Saeed started his career at Lehman Brother, developing systematic trading models on the FX desk. Later he was at Nomura as an Executive Director in Quantitative Strategy, also in FX, developing their model infrastructure and also running systematic FX prop risk. He graduated from Imperial College with a fi rst class honours master’s degree in Mathematics and Computer Science.


Test Bank: CVA, XVA, KVA & FVA

Faculty Member: Massimo Morini: Head of Interest Rate & Credit Models,Coordinator of Model Research, Banca IMI (TO BE CONFIRMED)

Massimo Morini is Head of Interest Rate and Credit Models at IMI Bank of Intesa San Paolo, where he also coordinates modelling research. He has been a consultant to the World Bank and other supranational institutions. Massimo is Professor at Bocconi University and MSc Director at Milan Polytechnic, and he was Research Fellow at Cass Business School, London. He delivers advanced training worldwide and is regularly an invited speaker at main derivatives conferences. He has published papers in journals including Risk Magazine, Mathematical Finance, and the Journal of Derivatives, and is the author of "Understanding and Managing Model Risk: A Practical Guide for Quants, Traders and Validators" and other books on credit, funding and interest rate modelling. Massimo holds a PhD in Mathematics and an MSc in Economics


Test Bank: Treasury, Liquidity Risk & ALM

Faculty Member: Professor Moorad Choudhry

Professor Moorad Choudhry is at the Department of Mathematical Sciences, Brunel University. He is also Honorary Professor at Kent University Business School and Visiting Teaching Fellow at the Department of Management, Birkbeck, University of London. Moorad has over 25 years experience in banking in the City of London and was latterly Treasurer at Williams & Glyn plc, Royal Bank of Scotland. Prior to that he was Head of Treasury at RBS Corporate Banking, Head of Treasury at Europe Arab Bank, Head of Treasury at KBC Financial Products and vice-president in structured finance services at JPMorgan Chase Bank. Moorad is a Fellow of the Chartered Institute for Securities & Investment and a member of the Board of Governors of IFS-University College. He is Editor of Review of Financial Markets, and on the Editorial Boards of the Journal of Structured Finance, Qualitative Research in Financial Markets and American Securitization. He is author of The Principles of Banking (John Wiley & Sons 2012).


Test Bank: Matlab

Faculty Member: Jörg Kienitz: Director, Financial Risk Solutions, FSI Assurance, Deloitte & Touche GmbH. 

Previously: Head of Quantitative Analytics, Dt. Postbank AG, Senior System Architect, Postbank Systems AG Financial Consultant, Reuters Academic: PhD Math, Diploma Math Books (Wiley): (A) Monte Carlo Frameworks in C++ (B) Financial Modelling - Theory, Implementation and Practice with Matlab Code. 


Test Bank: C# & C++

Faculty Member: Daniel J. Duffy: Founder of Datasim Financial

Daniel J. Duffy is founder of Datasim Financial. He has been using C++ since 1989 and has a PhD in Numerical Analysis from Trinity College (Dublin University).


Test Bank: F# & Functional Programming

Faculty Member: ​Tomas Petricek

Tomas Petricek is a long-term F# enthusiast, frequent conference speaker and an author of “Real-World Fun­ctional Programming”. He is a founder of DualNotion ltd. where he provides training and consulting services.

Tomas contributed to the development of F# as a contractor at Microsoft Research, authored Try F# tutorials on financial computing and recently spent 3 months in New York, working on financial data analytics tools for F# at BlueMountain Capital.


Test Bank: QuantLib

Faculty Member: ​Luigi Ballabio

Luigi Ballabio is senior quantitative developer at StatPro Italia srl, part of StatPro Ltd. He's one of the founders, administrators and lead developers of the QuantLib project. He holds a Ph.D. In Applied Nuclear Physics from the University of Uppsala.


To enquire more about our Recruitment Servicesplease contact us.