20 MoneyLion Interview Questions and Answers

MoneyLion is a mobile banking platform that offers borrowing, saving, and investing products to its users. The company has a strong focus on financial education and helping its users build a bright future.

If you’re interviewing for a position at MoneyLion, you can expect questions about your experience with mobile banking, your thoughts on financial education, and your goals for the future. To help you prepare, we’ve compiled a list of sample questions and answers.

MoneyLion Interview Process

The interview process at MoneyLion is relatively quick and easy. There are three rounds of interviews, the first of which is an online practical on Hackerrank. The second stage is a 30-minute virtual meetup with HR, and the third stage is a 1-hour virtual meetup with the senior and director. Overall, the interview process is fairly quick and straightforward.

1. How would you approach a situation where your manager was wrong?

This question can help interviewers understand how you handle conflict and whether you’re willing to challenge authority. In your answer, try to show that you value the opinions of others and are willing to learn from mistakes.

Example: “I would first ask my manager why they made their decision. If I still disagreed with them after hearing their reasoning, I would do some research on the topic myself. Then, I would present my findings to my manager along with my opinion. While it’s important to respect our managers, I also want to make sure we’re making decisions that are in the best interest of customers.”

2. Do you have any experience with data science or machine learning?

MoneyLion is a digital banking platform that offers financial services to consumers. The company uses data science and machine learning to create new products, improve existing ones and provide better customer service. If you have experience with these fields, share your knowledge of how they can be used in the business world.

Example: “I’ve worked as a software engineer for five years now, but I also hold an associate’s degree in computer science. In my current role, I use programming languages like Python and Java to write code that allows computers to perform tasks. However, I’m always looking for ways to improve my skills. Last year, I took a course on data science and learned how to analyze large amounts of information using algorithms.”

3. What is the most important thing to remember when working on a team project?

MoneyLion is a company that values teamwork and collaboration. Your answer should show the interviewer you understand how important it is to work well with others.

Example: “The most important thing when working on a team project is communication. It’s vital for everyone involved in the project to be able to communicate clearly, openly and honestly with one another. This allows us to share ideas, ask questions and learn from each other. I find that this approach helps me get more out of my projects because I’m learning new things all the time.”

4. Describe your experience with software engineering.

This question is a great way to gauge your experience with coding languages and how you apply them. If you have no prior experience, it’s okay to say so, but if you do, be sure to highlight the most relevant aspects of your previous work.

Example: “I’ve worked in software engineering for five years now, where I was responsible for creating new features and maintaining existing ones. In my last role, I also had to create an entirely new platform from scratch, which required me to learn several different coding languages. I’m comfortable working with Java, C++, Python and Ruby.”

5. Tell me about a time when you had to work under tight deadlines, how did you handle it?

MoneyLion is a fast-paced company that requires employees to work under tight deadlines. This question helps the interviewer determine how you handle stressful situations and whether or not you can adapt to their working style.

Example: “In my previous role, I was responsible for managing all of our social media accounts. One day, I noticed we had several negative reviews on our Facebook page. I immediately contacted our marketing team to help me remove them from the site. We worked together to respond to each review with an apology and a solution. Within two days, we were able to remove all of the negative reviews.”

6. In what type of environment do you best thrive in?

This question is a great way to learn more about the company culture. It can also help you determine if this is the right job for you. When answering, try to be honest and specific. If you have experience in similar environments, it can be helpful to share that as well.

Example: “I thrive in an environment where I am constantly learning new things. In my last role, we had weekly meetings with our managers to discuss what we learned from customers. This helped us understand how we could improve our products and services. I would love to work somewhere like that again.”

7. Can you tell us why we should hire you?

This question is a great way to see how you can sell yourself as the best candidate for the job. You should highlight your skills and experience, but also make sure to include any unique qualities that might set you apart from other candidates.

Example: “I am an extremely organized person who has always been able to manage multiple projects at once. I have excellent time management skills and would be able to keep up with all of my responsibilities while still meeting deadlines. My attention to detail makes me a valuable asset in this role because I will be able to ensure that all transactions are accurate and processed correctly.”

8. If hired, can you commit to at least two years?

MoneyLion is a growing company that offers many opportunities for advancement. The interviewer wants to know if you’re willing to stay with the company long enough to see your career grow. If you are, explain why. If not, let them know what kind of commitment you can make.

Example: “I’m looking for a long-term position where I can use my skills and experience to help MoneyLion grow. I am committed to at least two years in this role, but I hope to be here much longer than that.”

9. Why are you interested in working for MoneyLion?

This question is a great way to show your enthusiasm for the position and company. When you answer, make sure to highlight what attracted you to MoneyLion in the first place. Consider mentioning specific aspects of the job listing that appealed to you or how your skills match up with the role.

Example: “I’m interested in working for MoneyLion because I’ve always been passionate about helping people manage their finances. Your mission statement really resonated with me, as it’s clear that you’re dedicated to providing financial services to those who need them most. I think my customer service skills will be an asset to this team.”

10. What is your experience with customer service?

Customer service is an important part of working in a bank. Interviewers may ask this question to learn more about your experience with customer service and how you interact with customers. Use examples from previous jobs or experiences that show you have strong customer service skills.

Example: “I worked as a teller at my local bank for two years, where I interacted with many different types of people. Some days were busier than others, but I always tried to make sure every person who came through the line felt like they got the best service possible. I learned how to multitask while still providing quality customer service. For example, if someone needed help finding something on their account, I would take the time to explain it to them rather than just giving them the information they asked for.”

11. What is the most important thing a manager can do for their employees?

This question is a great way to show your leadership skills and how you can help others succeed. When answering this question, think about what the most important thing was for your manager when you were an employee.

Example: “The most important thing a manager can do for their employees is provide support and encouragement. I had a manager who would always check in with me on my progress and offer advice or suggestions if I ever needed it. This helped me feel supported and motivated to work hard and learn new things.”

12. What is your favorite product that MoneyLion has created and why?

This question is a great way to show your knowledge of the company and its products. It also allows you to share what you like about MoneyLion’s offerings, which can help you connect with the interviewer on a personal level.

Example: “My favorite product that MoneyLion has created is the MoneyLion Savings Account because it offers competitive interest rates while still being easy to use. I have used this account in the past when I needed to save money for a large purchase or wanted to put aside some extra funds each month. The ease of depositing and withdrawing funds makes it an excellent choice.”

13. Have you ever worked remotely before?

MoneyLion is a remote-friendly company, so this question helps the interviewer determine if you have experience working remotely. If you haven’t worked remotely before, explain why and how you would adjust to it. If you have, describe your previous experiences with remote work.

Example: “I’ve never worked remotely before, but I’m excited for the opportunity to do so. I am very comfortable with technology and know that communication is key when working remotely. I also understand that my performance will be evaluated based on my results rather than my time spent in the office.”

14. As an engineer, how would you make sure our customers’ information stays safe from hackers?

MoneyLion wants to know that you understand the importance of security and how it relates to their company. You can answer this question by explaining your knowledge of cybersecurity best practices and how they apply to MoneyLion’s business model.

Example: “I would make sure all our systems are up-to-date with the latest patches, I’d use two-factor authentication for any employees who have access to sensitive information and I’d regularly test our network for vulnerabilities. Hackers often look for outdated software or weak passwords so making sure we’re secure in those areas will help keep customer data safe.”

15. How long have you been working as a software engineer?

This question is a great way to learn more about your experience and how you’ve grown as an engineer. You can answer this question by explaining what led you to pursue software engineering, the projects you’ve worked on and any certifications or training you have completed.

Example: “I started working as a software engineer five years ago after I graduated from college with my bachelor’s degree in computer science. Since then, I’ve been able to work on many different projects for various clients, including developing a new website for a local restaurant and creating a mobile app for a small business.”

16. Are you comfortable working with different cultures around the world?

MoneyLion is a global company that offers financial services to customers in the United States, Canada and Europe. The interviewer wants to know if you have experience working with people from different backgrounds and cultures. Show them that you are open-minded and willing to learn about new ways of doing things.

Example: “I am very comfortable working with people from different cultures. I grew up in a small town where we had many immigrants who moved there for work. My parents were always welcoming to these families, so I learned at an early age how to interact with people from all over the world. I also worked as a translator for my university’s international students program, which helped me develop even more skills when it comes to communicating with others.”

17. What systems do you use to keep track of all your documents?

MoneyLion wants to know how you organize your work and the documents you need for it. Your answer should show that you have a system in place for keeping track of important information. You can describe what you use or mention some other method you prefer.

Example: “I use Google Drive to keep all my documents organized. I create folders based on projects, which makes it easy to find specific files when needed. I also use labels to categorize different types of documents within each folder. This helps me stay organized and ensures I don’t lose any important documents.”

18. How much money have you invested for your retirement?

MoneyLion wants to know how you plan for your financial future. This question can help them understand what steps you’ve taken in the past to save money and prepare for retirement. When answering this question, it’s important to be honest about your current savings habits. You may also want to mention any plans you have to increase your retirement savings in the future.

Example: “I currently have $50,000 saved for my retirement. I started saving when I was 20 years old and put away a small percentage of my paycheck every month. I’m hoping to reach $100,000 by the time I retire at 65.”

19. Do you have any experience with investing?

MoneyLion is a mobile banking platform that offers users the ability to invest their money. If you have experience with investing, this can be an excellent opportunity for you to show your knowledge and expertise in the field.

Example: “I’ve been investing my money since I was 18 years old. My parents taught me how to do it when I got my first job, and I’ve done it ever since. I started out by putting all of my savings into index funds, but now I also use some other investment strategies like ETFs and stocks.”

20. When working on a new product, what steps do you take to determine the goals and needs?

This question can help an interviewer understand your process for working on a team and how you approach new projects. Use examples from previous work experiences to describe the steps you take when starting a project or developing a product.

Example: “When I start a new project, I first determine what my goals are and who my target audience is. Then, I research similar products that are already available in the market and compare them to what we’re creating. This helps me learn more about our competitors and find ways to improve upon our own product. After researching the competition, I create a list of needs and requirements for the product based on customer feedback.”