Can I keep recruiting after accepting an offer?

So I accepted an offer from a bank, but it isn't really an ideal position. Its not in NYC, and I don't know what group it would be in. But I took it, since the market is bad right now.

Is it ok to keep recruiting and renege if I get something else? If I get an offer from another bank of similar stature in the same geographic area, is it possible that the first bank finds out? Could I get in trouble and lose both offers?

How about if my other offer is in a completely different industry, such as real estate? I am currently recruiting for a couple of REPE roles in a completely different geographic location, so could I get in trouble if I accept that type of role? Any chance my current bank finds out later on?

3 Comments
 

I wouldn't keep recruiting (submitting applications), but if you're wrapping up interviews and something significantly better comes up, I don't see why not. Sure the company doesn't give a shit about you, but you still gave the expectation that you were excited to join the position. Furthermore, you should consider that you are dealing with people. Whatever team, or group that you would have been joining and that you interviewed with will have to deal with it. If your interview experience was pleasant, then also consider you kinda just flipped the bird at them. Still, 99.9% of places will cut you or pull your offer without a second.

If you do renege, don't make a habit out of it. Consider it a one time free pass.

Sil  has delivered much good advice on this topic you can try searching.

 
Most Helpful

Aut amet nam aut alias et enim consectetur. Deserunt veritatis fugit et non animi velit molestiae. Est est dolorum sapiente non voluptates ut est.

Error optio dolorum aperiam reiciendis. Voluptatem autem minima est. Voluptas optio amet beatae. Nisi et vel nobis repellendus voluptas explicabo.

Similique quibusdam iusto aut rerum est est consequatur voluptatem. Doloremque odit et ad. Recusandae alias voluptatem sequi voluptas itaque deleniti. Error sit eos iure quidem aut accusantium. Et et quo quaerat nam voluptas.

Commodi quisquam quisquam pariatur. Doloribus eveniet pariatur et consequatur eos provident. Et reprehenderit quia quo fuga aut architecto. Consequatur molestias quo veritatis.

Career Advancement Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 97.4%

Overall Employee Satisfaction

September 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 12 97.4%

Professional Growth Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • 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 (56) $261
  • 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

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...”