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You'll be fine. They may just call the places you interned at to verify you did.
What is a "legally registered" internship? Is this a thing in banking?
As long as the places you interned at are legit, you'll be alright.
Highly unlikely.
Background Check - Internship on resume at a bank for 5 months (Originally Posted: 03/06/2010)
Hi there,
I have an internship on my resume at a bank for 5 months during the year on a part-time basis but only worked with two analysts. Apparently those two analysts no longer work there and I also lost contact with both of them because the internship is three years ago so there is nobody could vouch for me as a reference. The internship is pretty informal and was also unpaid so there is no record of me with HR or payroll or anything. Will a background check assume that I lied about this position?
z
i can try to contact one of the analyst that I worked with but haven't talked in like three years. Does it help if he is working at a different place now?
Bump.
I'm in a similar situation, so I have pretty much the exact same question.
Work Experience Background Check (Originally Posted: 04/20/2008)
My friend in college decided to try doing a start-up and so I worked with him part time. Helped him make the business plan, pitches to VCs, etc. After the prototype was built there were a lot of VCs that looked but no one committed so now they are finished. I listed this under work experience on my resume but am concerned about the background check. I'm interning at a BB and am wondering how they will verify that.
As far as I rememember from my background check, there is a place to note that the company is no longer active. The background check will give you ample room for explanation. Don't worry about it.
classic VC.
assuming no hyper-fictionalizations you should be straight i'd think? . . . VCs have short memories though, they might not be able to recall the company if contacted. But all things equal, if you landed the position you should be good to go.
it happens often..do not worry about it!
Generally if a company no longer exists/is no longer active you are safe. Some forms do have a section for marking a company that no longer exists, but even if yours does not have this, you should still be fine.
Worst that will happen is they try to contact someone at the company and can't get through.
Background Check/Reference for work experience (Originally Posted: 06/28/2012)
18 months ago I did a 6 month internship with a private firm that deals with natural resources (exploration, mining etc.). It wasn't paid just had my expenses covered in cash but the experience I gained was fantastic. I started off doing the grunt work of due diligence/research and ended up being involved in the presentations to a bank, numerous PE firms and even a sovereign wealth fund.
I was with the small group working in London but the company was based in Australia. I've maintained close contact with the director, with whom I worked closely with throughout my time, and I've just learned that the firm is defunct as all the projects have been bought out by other companies (mainly downstream companies).
Obviously I want to have this on my CV as it's probably my best selling point, and I've had it on for all this time but in a few months I'll be applying to IB internships so I don't know how the background check is going to work out with a defunct firm.
Can I give the direct contact of the director (he's happily agreed to be my referee) or do they require a proper HR department to verify the experience? (my firm didn't even have a HR dept anyway LOL)
I'd be really annoyed if this compromises my application and just want to make sure I comply with the stringent background checks.
All advice much appreciated, thanks!
You could probably just make a note on the forms you fill out providing the contact's info if the company info doesn't work out.
They ask for a simple confirmation. If the director can do it, it suffices. These background checking companies are exhausting.
Background Check on Shadow Experience (Originally Posted: 12/26/2011)
Just one question here:
If I get an offer for SA position and it requires a background check, how will they verify my shadowing experience at a major BB? It was a very ad-hoc thing, and I honestly don't think I am in their system (though the person I shadowed will remember me).
What do you think?
If there is a discrepancy they will bring it to your attention and you must point them in the right direction on who to contact.
I wouldn't worry about it.
Ok! So would they just verify that I went in and shadowed? It was only a day!
The only time they run thorough background checks is if its a for full-time position and sometimes they only do it on high paying ones. I doubt they will waste the money on a summer analyst.
I'm not familiar with the financial services industry but I know for Corporate positions they only do thorough checks on higher level people.
Thorough background checks are VERY expensive and they can veryify everything you've done by running it against the Taxes you've paid and whatnot.
I personally know two people who underwent background checks for BB SA positions. One turned up a civil violation he received in his home state, and the other game him a hard time when they couldn't confirm one of the internships he had the summer between HS and College.
Upshot: they will background check you. If you're hired for SA, they are considering you for FT, and they do the background check up front.
Ok, so what was the story with your friend who had trouble? Why did he have trouble and what ended up happening?
I PM'd you with details.
They would try to verify that by making a call to the person you shadowed. That's what they did when I got an internship.
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