How to answer this Ethics and Integrity interview question about Ethical Decision-Making for Senior-Level Sales and Trading?

What would you do if you noticed a pricing discrepancy in a bond trade that could result in a significant profit for your firm?

A popular meme image featuring the Marvel character Thanos with the caption “A small price to pay for salvation,” commonly used to humorously express acceptance of a minor sacrifice for a greater benefit.
Sales and Trading

Ethics and Integrity

Asked at

JPMorgan Chase

Difficulty :

Hard

A modern, rounded square webclip or app icon with a soft gradient background, representing a mobile-friendly shortcut or digital brand identity for quick access and visual consistency.
A popular meme image featuring the Marvel character Thanos with the caption “A small price to pay for salvation,” commonly used to humorously express acceptance of a minor sacrifice for a greater benefit.

Explanation

This question tests your ethical judgment and ability to handle high-pressure situations. Recruiters want to see how you balance profitability with professional integrity and regulatory compliance. Common pitfalls include suggesting unethical actions or failing to demonstrate a clear decision-making process. A strong answer includes adherence to ethical standards, consultation with relevant parties, and alignment with company policies. Preparation involves reviewing ethical scenarios and regulatory guidelines in trading.

A popular meme image featuring the Marvel character Thanos with the caption “A small price to pay for salvation,” commonly used to humorously express acceptance of a minor sacrifice for a greater benefit.

Answer Example

I would immediately flag the discrepancy to the compliance team and my supervisor to confirm whether the pricing issue is legitimate or a systemic error. If confirmed to be a legitimate opportunity, I would proceed with the trade, ensuring all actions comply with regulatory standards. However, if it’s an error, I would refrain from exploiting it to protect the firm’s reputation and maintain ethical standards. A similar scenario arose during an internship, where I escalated a potential pricing error, saving the firm from regulatory scrutiny.

How it works?

Perfect applications in one click.

A popular meme image featuring the Marvel character Thanos with the caption “A small price to pay for salvation,” commonly used to humorously express acceptance of a minor sacrifice for a greater benefit.

Step 1:
Create a profile

Create your profile by uploading an existing resume or create one from scratch using our resume builder.

A popular meme image featuring the Marvel character Thanos with the caption “A small price to pay for salvation,” commonly used to humorously express acceptance of a minor sacrifice for a greater benefit.

Step 2:
Find a job post

Start searching for jobs anywhere you want and paste the job description in the box in FirstResume.

A popular meme image featuring the Marvel character Thanos with the caption “A small price to pay for salvation,” commonly used to humorously express acceptance of a minor sacrifice for a greater benefit.

Step 3:
One click .. and done

One click, and we will track your job with AI, analyse your compatibility, create your perfect resume and more, ready to apply.

That's it! Give it a go!
Get updates and career content

Subscribe to our newsletter

We frequently write blogs that help our community with their career growth! Don't miss out!

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Talk to us directly

Join us on Discord

Discord is where we give updates, offer member exclusive giveaways, and help each other grow on our careers.

Your success begins here.

Get Started Now