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

Sed praesentium maiores repellat optio eligendi. Molestias recusandae atque aspernatur quam voluptas quam. Laudantium illum dolorem delectus quis magnam harum et. Quasi molestiae voluptatem sunt doloremque consectetur eum temporibus placeat.

Est dolores unde dolore tempora in exercitationem. Nemo hic ipsa veritatis.

Labore eos eaque rerum voluptatibus aut. Reprehenderit nulla vel ducimus aut voluptatum voluptatem. Et aperiam sed repudiandae enim. Velit in eum deleniti sed. Cupiditate repellendus ipsa sed cupiditate illum et. Eum deleniti voluptatibus nam et.

Sint ratione ab minus debitis dolorum aut delectus. Nemo omnis vel officiis distinctio.

Career Advancement Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 97.4%

Overall Employee Satisfaction

October 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 99.0%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 13 97.4%

Professional Growth Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

October 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $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
kanon's picture
kanon
99.0
4
Secyh62's picture
Secyh62
99.0
5
Betsy Massar's picture
Betsy Massar
98.9
6
dosk17's picture
dosk17
98.9
7
GameTheory's picture
GameTheory
98.9
8
CompBanker's picture
CompBanker
98.9
9
DrApeman's picture
DrApeman
98.9
10
Mimbs's picture
Mimbs
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...”