How's UBS's Background Check ?
Hi,
I received an offer letter from UBS, Wealth Management last week. And based on the information they provided to me, they are processing background check on me. This is my first full-time, I'm very worried about whether there will be some problems during the checking process.
- I'd attened 4 different colledges to finish my BS. So the GPA I listed on resume is the real accumulative GPA that I calculated myself from all 4 different schools (since all the GPA are not transferable), but school's career center suggust me only listed my last college on the resume, so that accumulative GPA is under my last college section. I think it's quite confusing. So I'm afraid, if UBS check my GPA as well, they gonna assume that I lied to them, and not even give me an opportunity to explain.
So anyone on the forum that had background check experience with UBS or other similar IBs? Mind to share a little bit about what their exactly process? and what kind of things do they check? maybe also how long it usually takes (I've read some other thread online, that claims UBS has extremely accurate Background Check, it said that UBS even fired someone after the person started working there for 2 weeks, just because he overstated his GPA .3).
I'm so worried, even though lots of my friends told me to relax and calm down. I'd appreciate ur inputs. Thanks a lot!
Overstating a GPA by .3 is not a slight thing, it is lying and definitely something worthy of firing. By listing a GPA you calculated as your cumulative GPA under a specific college, you imply that is the cumulative GPA you earned at that school, unless you clearly stated otherwise. You need to call UBS and proactively speak with HR about this, because it is going to show up in a background check, and it will look better (though still not good) if you've spoken with them proactively about it.
I always wonder how they confirm one's GPA. Do universities give away students information like GPA?
When my friend got an offer for a summer Analyst position at BB, they didn't even asked for her transcript or anything.
I don't think it is a big deal. You listed the GPA at the college you go to at the time you applied for a position at UBS. It isn't your job to get out a calculator, go through all your courses and grades at your four colleges, and calculate a GPA that probably wouldn't even be accurate anyway.
Actually, that's the exact opposite of what he did
Dude first of all you need to learn how to spell and write in English. I hope to god you are not a native speaker or else I question UBS' interview process. Secondly, "just for overstating his gpa by .3." That is not a "just." That is a big deal and you are a moron for downplaying that. That is the difference between a solid but fairly mediocre 3.4 and a very solid 3.7. .03 is minor, .3 is not minor. As for your question I don't know but your post just pissed me off.
Call and explain to them that you transferred schools and the GPA you provided is based off your calculations, which is why most banks call to double check. What happend to your friend will probably not happen to you. Most banks deliberately over hire to see who is willing to work the hardest to make the final cut. Kicking people out over small discrepancies is a way to trim the fat ( ie the bottom 20%). Even if your last name is Grubel and you graduated from Harvard with a 4.0, you never want to be the "fat" of the new hires, especially not in a lean job market like this one
...
Probably later on.
Background checks at UBS (Originally Posted: 02/15/2007)
I have a summer analyst offer at UBS. I put two majors on my resume...econ and compsci as that is what I will graduate with. However I was initially only an econ major and signed up as a comp sci major at the beginning of the semester (before I started the interviews), as I had taken enough classes and decided to go for the major. So on my official transcript only one major shows up right now: econ..my school registration people are saying it will take until April to get my second major, comp sci officially added!
What is the timeline for checking on this sort of stuff? Does UBS check things like majors for summer analysts? Will UBS check my school record before April or only when I start working for the summer? Should I tell them about the error that I made as I did not realise it would take so long to add to my f@#$ing transcript.
Thanks for your time and knowledge...
i say tell them directly. It's not a big deal anyway.
I mean, they won't like fire me right away...
People change their majors all the time. Besides, this isn't even your primary major.
Don't worry. If they find a discrepancy they will ask you about it. It's not like it is your fault.
Do not stress.
UBS background check, do they request transcripts? (Originally Posted: 06/16/2011)
I received a job offer from UBS as an intern for a private wealth management division. I will receive the forms to go forward with a background check and drug test in the next week. Last semester, unfortunately I had a difficult time due to personal reasons and my attendance suffered. One of my courses was largely based on attendance and I ended up receiveing a D in the course, but it was also due to miscommunication regarding the professor's grading style. At the end of the course I had a 71% which would have passed for a C but the professor narrowed the range for the grades and based the grades on the grades of the entire class. There is also more explanation as to why the grade is not an accurate representation. Anyways that semester I did well in my other courses, I received two A's and one B. How will this impact me?
overall GPA is all that matters
Are you a freshman / sophomore? If so, you still have time to get your grades up.
Well, I will be graduating in five years due to the fact I was initially pre-med. Last semester was what was technically my junior year, but since I will be graduating late I have two years left to pull my gpa up and I am pretty certain I can do that.
Maybe an unofficial but I've never had to give one for internships.
You're an intern for UBS PWM. I'm surprised they even took the time to do a background check. You should be fine and don't worry about one or two bad grades, just make sure to make it up.
I also messed up a course that was largely weighted towards class attendance and I maintained a notorious reputation for attending roughly 1 in every 10 lectures and 1 in every 5 tutorials throughout the academic year. Dick move...
I recently finished the same internship and I was not contacted at all during their background check. Are you at the headquarters in NYC?
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