SA offer from a BB but recently signed FT with another bank - What should I do?
Recently accepted a FT offer from a MM firm. A few days prior to Christmas, however, I received a SA offer from a BB with great exit opportunities (my goal is to work in PE). The FT position starts in September and the SA position runs June-August.
- Since there would be no time clashes, I am planning to take the SA offer and potentially renege - would you do the same if your goal was to work in PE?
- Should I tell them about my situation? Guess that I should remain quiet about the this to the MM firm - but what should I say to the BB bank?
Thanks in advance.
Is the BB aware they gave a graduating senior an internship offer?
Yes, they have hired seniors as summer interns in the past (although the majority are still penultimate year students)
Since the two opportunities don’t clash at all, what’s the dilemma?
Well its mainly about whether I should communicate this with i) the BB firm and ii) MM bank
obviously don’t say a word lol
Just don't let them know for now. Complete your summer and try to get a FT start with that BB for either September 23 or Jan 24. If they don't offer either of these two starts and ask you to come back for Sep 24, then ideally you should take up a FT with MM. Hope it helps.
Thanks for the help.
1) Would it really be that detrimental to ”lose” a year (Sep 23 / Jan 24 vs. Sep 24)?
2) What should I do if HR at the BB asks about my plans after the internship? Should I disclose that I have another role but am planning to renege on that contract should I get a return offer from the BB?
Duh can you just not take the MM FT offer and quit just before starting FT BB? This is ofc assuming you convert your summer internship
Is the BB Citi? I don't see other BBs hiring atm
No but close, Bank of America / Barclays
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