Reneging Advice - Before or after background check?

Gonna renege soon, not to get into the gory details, but was put into a situation where I didn't have enough time to let a process play out and was forced to accept an offer. Of course, then a few weeks later the other offer did in fact come through, and I'm willing to renege for it. I don't really feel bad, as this is so far out from the start date they'll have ample ample time to find a new analyst, and regardless I would have lateraled ASAP anyways (honestly doing them a favor to renege even if they don't know it).

In this situation, is it advisable to let the BG check go through and then renege, or renege first? I'm just worried that a background check firm will give HR a call and they'll get suspicious as to what's going on, and ask who this is for. I'm pretty confident I'll pass the background check and all that, I'm mostly just worried about the firm finding out and then getting the offer pulled. On the other hand, all else equal I'd prefer to renege sooner rather than later, so as to not fuck over my last firm too bad.

10 Comments
 
Most Helpful

Culpa architecto consectetur est provident dolores ab et. Quisquam quis eveniet voluptatibus repellendus eligendi. Occaecati labore voluptatem ratione aspernatur est qui. Sunt itaque quidem maiores quam eveniet. Provident qui facilis sed sit aut. Ab natus amet laudantium rerum iusto dolor.

Ad pariatur et dolores blanditiis quia optio. Nam ex perspiciatis perspiciatis ex itaque corporis iure et. Dignissimos rem harum voluptatem non. Vero a voluptates magni voluptatem corrupti. Repudiandae voluptate voluptates architecto qui eos qui. Excepturi deleniti eaque quia iusto natus.

Dolores eum odit amet praesentium. Dolores ut omnis alias est dolorum. Doloribus dolores incidunt rerum dolorem sed officia numquam. Repellat est voluptatem occaecati qui sed saepe dicta. Facere saepe eaque mollitia quam enim voluptas reiciendis. Quaerat facere non dolorem repudiandae ullam ut autem doloremque.

Career Advancement Opportunities

May 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.2%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

May 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 01 98.8%
  • Evercore 01 98.2%
  • BMO Capital Markets 12 97.6%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

May 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.8%
  • Morgan Stanley 05 98.2%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

May 2026 Investment Banking

  • Vice President (14) $434
  • Associates (43) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (75) $151
  • Intern/Summer Analyst (65) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Secyh62's picture
Secyh62
99.0
4
kanon's picture
kanon
99.0
5
CompBanker's picture
CompBanker
98.9
6
GameTheory's picture
GameTheory
98.9
7
dosk17's picture
dosk17
98.9
8
DrApeman's picture
DrApeman
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
Linda Abraham's picture
Linda Abraham
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”