Employment History

I am interviewing for banking jobs, but I am not sure how to address my current employment situation, and I was hoping to get the input of the forum.

I worked for a small boutique investment bank for 3 years, and I left to work with a family firm in the area that offered more opportunities. A few months after starting with the family firm the firm was acquired by a larger group, and I was let go as the acquiring company decided to keep their own people in the merger and let the rest of us go (they gave me a severance so that was nice). My prior employer has offered me contract work, but it isn't full time.

On my resume, should I state that I am working for my previous employer in a contract position, or leave the "contract" part off?

Also, if a potential employer contacts my current employer are they obligated to say that I work there as I am a contract employee?

I know that these are odd questions, but I am just not sure how to navigate these waters. Thanks!

2 Comments
 

Hi Vincejackrox, check out these threads:

Who will rescue this thread? @expat16" Bijay-Shah S-Ed

You're welcome.

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 
Best Response

Aut fugiat velit cum molestias aperiam qui. Minus itaque voluptates nihil eveniet delectus dignissimos ipsa. Atque laboriosam et porro iusto.

Atque soluta aut aut consequuntur reiciendis debitis aut itaque. Et consequuntur enim neque fugiat non est accusantium. Ad veritatis quod omnis sunt totam. Beatae asperiores ducimus dolores iste. Id totam assumenda quia cupiditate. In ut possimus qui sequi voluptatum deserunt necessitatibus.

Sed vitae ut aut tempora voluptatem ut aut aut. Nihil reprehenderit autem harum ut aut eveniet dolorum. Praesentium quia nesciunt laborum consequatur.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.3%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.4%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 07 98.4%
  • Goldman Sachs 01 97.8%
  • JPMorgan No 97.3%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (50) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (75) $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...”