Summer analyst background check/onboarding timeline

I accepted a SA 24 IB offer at a large NYC bank at the end of this past summer, but I haven't heard anything from HR about when the background check/onboarding process will take place. I know the background check is usually done by a 3rd party firm, but I have yet to get any sort of outreach from something like that. 

For people who have done an SA in IB recently, what does this process usually look like, and how long does it take? I looked through some older threads that described some horror stories about how long it took and the level of detail they required, but couldn't find anything recent. 

Also, on my resume for "experience", I had a few academic experiences listed, like an independent study seminar, research for academic credit, etc. that were all unpaid. Since I don't have any "employment" record from these, how do I need to go about showing that I actually did these experiences? Would things like email records work? Asking this since one of the professors I worked with left the university and I've had a hard time getting back in touch with them. 

 

Nothing to worry about as long as you didn't lie. For exact timelines, probably best to reach out to the specific firm.

In general, how deep the checks go depends on the verification provider too. Most times, they will ask for a contact to verify that you have worked there. If they are unable to contact the person, they'll normally ask for proof (Contract etc.). E-mail chains are normally not legitimate evidence, however, if you really aren't able to contact the professor involved, just submit the e-mail chain and they will probably call it a day there. (I was once in your shoes where I had to submit an email chain. Caused some confusion between me and the verification provider, but company couldn't be bothered with it lol)

 

Sorry if this is a dumb question, but what do you mean by a "signed verification letter"? 

 

essentially a letter from your previous manager or supervisor saying that you worked or interned for them between specific dates and what your role consisted of and on the bottom ask them to add their contact information should there be any questions

 
Most Helpful

Incidunt dolor tenetur odit magnam aspernatur aut at tempore. Non numquam libero molestiae nemo optio. At itaque esse error illo rem itaque hic.

Career Advancement Opportunities

March 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. (++) 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

March 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 11 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

March 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 06 97.7%
  • Lincoln International 04 97.1%

Total Avg Compensation

March 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (81) $263
  • 3rd+ Year Analyst (12) $184
  • Intern/Summer Associate (32) $172
  • 2nd Year Analyst (60) $169
  • 1st Year Analyst (193) $159
  • Intern/Summer Analyst (142) $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
Betsy Massar's picture
Betsy Massar
99.0
4
Secyh62's picture
Secyh62
99.0
5
GameTheory's picture
GameTheory
98.9
6
kanon's picture
kanon
98.9
7
CompBanker's picture
CompBanker
98.9
8
dosk17's picture
dosk17
98.9
9
Jamoldo's picture
Jamoldo
98.8
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...”