Jan 28, 2019

Worried about delayed written offer

So I went through a couple rounds of phone, video and onsite interviews for a BB associate position (lateral) and received a verbal offer around Christmas when we discussed comp. I was told that it would take a couple days to get the written offer to sign but it has been almost a month. I understand that it was holiday seasons and key ppl are in/out of office but every time i followed up with HR, i was simply told to wait because it is still in pending status. Has anyone been in a similar situation? Should i be worried that the offer will be rescinded? The job id was delisted ever since i accepted the verbal offer. What could be some cause of the delay?

Any insight will be appreciated!

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8 Comments

O

5y

Hey jumpingkangaroo, I swear if I had a silver banana for every lonely thread I posted too I'd be richer than @compbanker ...

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jumpingkangaroo

CO

5y

Bump

Credit Analysis Course

ST

5y

Most Helpful

Typical reasons for delays,

HR is slow & lazy and they're in no hurry to get your offer letter ready
Paperwork is in the pipeline. Many people need to approve your offer before it can be sent to you. People have been on vacation / OOO from late Dec-mid Jan. Your offer is slowly moving through the bank's bureaucracy and probably inefficient HR systems.
Senior managers who need to sign off on your offer are OOO / hard to reach

It's unlikely your position has been eliminated since they would let you know if that were the case (and if not, I wouldn't ever want to work at a firm which rescinds offers without notice)

Authored by: Certified Sales & Trading Professional - Vice PresidentCertified Sales & Trading Pro

jumpingkangaroo

CO

5y

Thanks a lot for the reply. I agree with your points, fingers crossed

IB

Intern in IB - Gen

1y

Also experiencing delays with offer letter.

Patriotsfan7777

?

1y

Same bro. Did you end up getting the written offer? i have been waiting for at least a month now.

IB

5y

So I’ve been in this situation twice. One time I kept reaching out and it eventually faded without receiving anything. The other took about 2 month to receive a offer. Both were very frustrating and for lateral positions. I don’t know what it is about that.

Authored by: Certified Investment Banking Professional - Vice PresidentCertified Investment Banking Pro

iwantasuccessfulcareer

O

5y

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