"Preferred Candidate Identified For This Position" Why post

I hope I don't get thrown MS for this because I am genuinely curious. I came across a job posting that had in the description "Preferred Candidate Identified For This Position." Why are both including that? I understand they may still need to post for compliance reasons, but why say they already have someone? 

Region
9 Comments
 

Analyst 1 in IB - Cov:

You saw that TD m&a posting too eh lmao 


I don’t understand it

 

Associate 3 in IB-M&A:

It's for internal hires, usually with visa issues - they often have to legally post the job and interview citizens who apply



I think that line is just meant as a warning to candidates - they aren't seriously hiring so don't waste time applying and networking


Thanks you I appreciate the heads up. Knew I wasn’t gonna get it but just thought it was so strange and wanted to ask.

 

Just a well known loophole really. Totally agree it's not in good faith, but IMO better to do this and tell people not to apply, than to drag people through the interview process with no intention of hiring them

You also see companies asking for wildly specific requirements to fulfill the same posting laws for a known internal hire (ie requirements: 12 years of experience running XYZ solution that is internal to CompanyName)

 

Associate 3 in IB-M&A:

Just a well known loophole really. Totally agree it's not in good faith, but IMO better to do this and tell people not to apply, than to drag people through the interview process with no intention of hiring them



You also see companies asking for wildly specific requirements to fulfill the same posting laws for a known internal hire (ie requirements: 12 years of experience running XYZ solution that is internal to CompanyName)



Yeah the posting is down they are not going to be interviewing anyone.

 

Et qui doloribus voluptatum iste et ut tempora. Dignissimos quia nobis enim autem placeat culpa cupiditate.

Temporibus quas id accusantium optio rerum. Eos velit voluptatibus voluptate. Officiis molestiae expedita ad voluptatem voluptate quidem et. Dolor debitis modi repellat et modi similique. Officia molestiae nam corrupti sequi.

Voluptatem delectus repellat cum. Dolor voluptatem aut est enim. Ipsa aut autem voluptatem ab et pariatur distinctio.

Quia saepe delectus laboriosam rerum repellat. Debitis sed molestias quisquam aliquid tempore similique aspernatur. Maiores delectus quo sunt. Ea sit totam dolorum sint.

Career Advancement Opportunities

November 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

November 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

November 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

November 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (29) $183
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (77) $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
Secyh62's picture
Secyh62
99.0
4
kanon's picture
kanon
99.0
5
Betsy Massar's picture
Betsy Massar
98.9
6
DrApeman's picture
DrApeman
98.9
7
GameTheory's picture
GameTheory
98.9
8
CompBanker's picture
CompBanker
98.9
9
dosk17's picture
dosk17
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...”