Worried about delayed written offer

So I went through a couple rounds of phone, video and onsite interviews for a BB associate position (lateral) and received a verbal offer around Christmas when we discussed comp. I was told that it would take a couple days to get the written offer to sign but it has been almost a month. I understand that it was holiday seasons and key ppl are in/out of office but every time i followed up with HR, i was simply told to wait because it is still in pending status. Has anyone been in a similar situation? Should i be worried that the offer will be rescinded? The job id was delisted ever since i accepted the verbal offer. What could be some cause of the delay?

Any insight will be appreciated!

Comments (7)

Jan 28, 2019 - 11:48pm
WSO Monkey Bot, what's your opinion? Comment below:

Hey jumpingkangaroo, I swear if I had a silver banana for every lonely thread I posted too I'd be richer than @compbanker ...

  • Delayed written offer- any concern? could make an offer. After about a week of going through comp verification, the recruiter called and ... I verbally accepted. The recruiter told me it would be 24-48 hrs to receive a written offer and move forward ... prior experience with similarly-sized financial institutions, I've received written offers as soon ...
  • PwC Salary Offer Letter Delay fiscal year bonus. I didn't hear from PwC so I reached out about the offer letter yesterday. I got ... Offer Letter Delay Due to the fact that this exchange happened around Thanksgiving, our users felt that ... Hi Monkeys, I need to some advice, I got a verbal offer to join PwC's FS Advisory group last ...
  • Waiting on my written offer after verbal, worried mention that the day of the offer extension I was given details about compensation and start dates. ... succeed in the interview process. Right now I've been waiting on my official offer letter for nearly ... gatherings, etc....). I'm just worried as to what's taking so long. I emailed my hr/recruiter on ...
  • Time Between Verbal Offer and Written Offer? I received my formal offer, and about a week after not hearing back from the recruiter, I followed up with ... take any company 4+ weeks to extend a written offer after already extending a verbal offer to ... regards to when the transition will occur, salary, etc. I'm a worrying to much about this? I feel ...
  • Got an offer contingent on reference checks- worried about reference checks only have ok relationships with most of my previous bosses. What worries me most is that I also used ... I'm worried this will be brought up, and I feel like this could have fairly severe consequences. I did ... like the thing to do right now is leverage the offer quickly into other offers, just to set myself up ...
  • Exaggerated Bullet Points on my resume-Worried about reference check now Graduated Senior about to start FT at a MM later this Summer and getting a little worried about ... the upcoming background check. I'm specifically worried about the past work experience part ... worries me most is my offer letter says that a reference check will be performed on my past employment and ...
  • From BO to FO and back again, or, how I learned to stop worrying and love technology felt the way I did, or to at least help someone who is thinking about, but on the fence about, a career ... recruitment, prepared for interviews, and had multiple bulge bracket offers for incoming associate classes. ... Associate So I took one of the offers, and went to work as an incoming associate. To be honest, I never fit ...
  • More suggestions...

You're welcome.

Most Helpful
Feb 1, 2019 - 9:53am
kerny, what's your opinion? Comment below:

Typical reasons for delays,

  • HR is slow & lazy and they're in no hurry to get your offer letter ready
  • Paperwork is in the pipeline. Many people need to approve your offer before it can be sent to you. People have been on vacation / OOO from late Dec-mid Jan. Your offer is slowly moving through the bank's bureaucracy and probably inefficient HR systems.
  • Senior managers who need to sign off on your offer are OOO / hard to reach

It's unlikely your position has been eliminated since they would let you know if that were the case (and if not, I wouldn't ever want to work at a firm which rescinds offers without notice)

Mar 18, 2019 - 5:25am
iwantasuccessfulcareer, what's your opinion? Comment below:

Inventore enim suscipit omnis mollitia nemo. Impedit eligendi pariatur unde voluptatibus molestias est. Dolore nemo ducimus dignissimos aut nam. Autem tenetur qui nesciunt architecto corrupti ut nulla.

Animi cupiditate reprehenderit voluptas enim. Eos omnis eos minus ut exercitationem maiores id. Totam accusamus beatae est rerum et voluptatibus voluptatem. Rerum voluptas repudiandae inventore totam ullam architecto quis.

Voluptatem aspernatur molestiae suscipit. Commodi velit ipsa eos numquam. Autem velit impedit eum. Et nisi enim voluptatem eum tempora ex omnis autem.

Start Discussion

Career Advancement Opportunities

September 2022 Investment Banking

  • Jefferies & Company (▲03) 99.6%
  • Lincoln International (= =) 99.2%
  • Bank of America Merrill Lynch (▲03) 98.8%
  • Financial Technology Partners (+ +) 98.5%
  • Evercore (▽02) 98.1%

Overall Employee Satisfaction

September 2022 Investment Banking

  • Jefferies & Company (▲12) 99.6%
  • Greenhill (▲07) 99.2%
  • Evercore (▲01) 98.8%
  • PJT Partners (▽03) 98.4%
  • Macquarie Group Limited ABN (▲20) 98.1%

Professional Growth Opportunities

September 2022 Investment Banking

  • Jefferies & Company (▲05) 99.6%
  • Lincoln International (▲03) 99.2%
  • PwC Corporate Finance (▲12) 98.8%
  • Bank of America Merrill Lynch (▲05) 98.5%
  • Houlihan Lokey (▲06) 98.1%

Total Avg Compensation

September 2022 Investment Banking

  • Director/MD (10) $613
  • Intern/Summer Analyst (316) $409
  • Vice President (38) $392
  • Associates (208) $257
  • 2nd Year Analyst (130) $163
  • 3rd+ Year Analyst (18) $159
  • 1st Year Analyst (431) $151
  • Intern/Summer Associate (83) $150