Reneging on an offer?
I accepted an offer doing operations in a top BB, we're a middle office team but in a shitty location (DE) which i accepted (they ambushed us to signing within the first week of September) the money is OK nothing great.. But i really like my team (the people are great) and we mostly deal with Front office personel in NY/LDN/CHI and have been working with them since the summer.
I have a couple of other jobs in the pipeline but i dont know how bad it would be if i do any of the following 1) move to another team in NY 2) take another job completely 3)Stay for the one year i signed and then leave. The first two would be me basically reneging on the offer i signed. I have a pretty good GPA and some FO expierence doing AM.
Heres my resume:
http://www.razume.com/documents/18903
Any one else go through a similar situation or have any advice?
On a side note, i really want to get in to Sales/Trading or research would a 1 yr stint in operations be frowned upon?
Thanks!!!







Please give name of firm you
Please give name of firm you signed for and the industry and firm your other offers are for. There is no way we can evaluate if you should or shouldn't take the other offers with the information you provided
The most common answer you're
The most common answer you're going to get is to network. You're a URM, that's a huge plus, you have a stacked resume that isn't poor at all, and you don't have a bad background for what you wanna get into. The only problem is that reneging is going to burn bridges at that bank, so if you want to work at that BB again, you're fucked. In your scenario (1), is that moving to another group within the same firm? I'm not sure how that'd work out considering you already signed somewhere in the bank. Scenario (3), you only signed for one year? That's unusual.
A lot of people do certain things to add days to their life. I do things to add life to my days.
A Posse Ad Esse wrote: The
The most common answer you're going to get is to network. You're a URM, that's a huge plus, you have a stacked resume that isn't poor at all, and you don't have a bad background for what you wanna get into. The only problem is that reneging is going to burn bridges at that bank, so if you want to work at that BB again, you're fucked. In your scenario (1), is that moving to another group within the same firm? I'm not sure how that'd work out considering you already signed somewhere in the bank. Scenario (3), you only signed for one year? That's unusual.
Thanks for your input!
1) Yes it would be moving to a team in NY (haven't applied anywhere within the bank yet)
3) Well it's a two year program but they take a way the initial sign on bonus if you leave before the 1 year anniversary
I hate to use the URM card since I much rather get what i want on my merits (but i guess at this point anything helps) but are there any good programs out there that any one knows of to get into a FO / reserach positions?
“I have never in my life learned anything from any man who agreed with me.” - Malone
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“I have never in my life learned anything from any man who agreed with me.” - Malone
JMBeta wrote: A Posse Ad
The most common answer you're going to get is to network. You're a URM, that's a huge plus, you have a stacked resume that isn't poor at all, and you don't have a bad background for what you wanna get into. The only problem is that reneging is going to burn bridges at that bank, so if you want to work at that BB again, you're fucked. In your scenario (1), is that moving to another group within the same firm? I'm not sure how that'd work out considering you already signed somewhere in the bank. Scenario (3), you only signed for one year? That's unusual.
Thanks for your input!
1) Yes it would be moving to a team in NY (haven't applied anywhere within the bank yet)
3) Well it's a two year program but they take a way the initial sign on bonus if you leave before the 1 year anniversary
I hate to use the URM card since I much rather get what i want on my merits (but i guess at this point anything helps) but are there any good programs out there that any one knows of to get into a FO / reserach positions?
URM is something that you have no choice about you can't wish you were unURM haha, so if you have the talent you will KEEP the job regardless of if you were URM or NOT. Once you get a job they don't keep you if you suck because you are URM...
But what do I know...
The answer to your question is 1) network 2) get involved 3) beef up your resume 4) repeat -happypantsmcgee
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