Received permanent offer after accepting a FTC role... and lost

Hi monkeys,

I had accepted a fixed-term contract at a Tier 2 bank (Barclays/HSBC/RBC) and days later I have been approached with a permanent offer by a bank that falls below the Tier 2 criteria but is still a big one. To be honest, I didn't really expect this situation given the current climate and now I feel a bit lost (after some months jobless I basically followed the Tinder tactic of applying everywhere).

Should I approach HR and explain the situation with detail? Would they put pics of me in the office and throw poisoned arrows to them afterwards?

PS: I really like the culture in both companies and the first one is more recognized, but the security of having a permanent contract is priceless on the other hand. However, HR from 1st bank may indeed get quite annoyed.

2 Comments
 

Don’t worry about HR - if you want the permanent role, just take it. Communicate.

"If you always put limits on everything you do, physical or anything else, it will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them." - Bruce Lee
 
Most Helpful

Asperiores rerum commodi cupiditate rem aut libero est. Non ex suscipit deleniti ut. Dignissimos expedita expedita veritatis beatae enim aut. Consequatur at dignissimos eligendi quos magni qui.

Career Advancement Opportunities

October 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

October 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 12 97.4%

Professional Growth Opportunities

October 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

October 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 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

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
kanon's picture
kanon
99.0
4
Secyh62's picture
Secyh62
99.0
5
Betsy Massar's picture
Betsy Massar
98.9
6
CompBanker's picture
CompBanker
98.9
7
GameTheory's picture
GameTheory
98.9
8
dosk17's picture
dosk17
98.9
9
DrApeman's picture
DrApeman
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...”