Coffee post final round ?
Hi everyone,
Interviewing for a shop covering commercial REPE.
Process was swift without headhunters, chat with HR, interview with head of acquisitions (supposed to work as a duo with him), massive take home case study then interview with head of acquisition again + CEO.
Mostly driven by the CEO, lot of questions around previous experiences, expectations, culture, presented the case study... Asked if I was available immediately, seemed to go very well (I was doing the almost exact same role previously before my firm's activity stopped a few months ago).
Could not imagine another round and was honestly expecting an offer but I've just been asked to grab a coffee this week with the head of acquisition and potentially another member of the firm... Anybody faced this before?
Any chance he will tell me "lively" that they're marking an offer? I can't imagine them testing me again or asking to come to reject me...
I'll dress formal (maybe no tie as they were smart/casual at the office) and prepare fit questions / expectations / motivations...
I really hope it's a test to see if that's not painful to spend time with me out of the office and that it will be followed by a live offer...
Any comments more than welcome, will keep you updated!
Sounds like a test and you should expect a casual conversation imo.
This is likely just a fit check, as long as you don't come off like a psycho, are pleasant to be around, etc. you shouldn't have anything to worry about. Basically they want to see if you're a guy they wouldn't mind grabbing a drink with.
Thanks both.
I had the feeling (for once, as I was covering the exact same market / asset class / strategy and would come with all the intel from my previous role) that I would be their top candidate. Also it seems like the head of acquisition was 100% projecting me in the role "we'll do this" / "you'll see that working with this guy is like this" / "No worries at all if you planned holidays at these dates that's perfect timing for us"...
Is it common/possible to get a live offer or is that always after an internal chat and by email? (My previous role was a simple teams call with a director after interviews telling me: "we would like to offer you the role, the base would be this")
Varies by firm. Bigger firms will never give you an offer up front. Smaller guys may tell you you're getting an offer but will say details will come in an email, others may give you all the details up front (though if there are multiple people there this is unlikely).
Thank you very much!
I'm a social person, love/do sports, cooking, travelling, always having fun with friends inside and outside, should I try to show this aspect or stay really focused on the professional side unless he opens the conversation around hobbies? I have to admit that I stayed very professional during the interviews with just a few sentences around hobbies when asked (holidays plans (CEO enjoyed and gave advice as he visited this country), hobby I had...)
Same here, can open up a little like to go try restaurants/bars but there is an air of professionalism. Sometimes hard to keep that and answer questions in that manner, but just be casual no crazy party stories just on weekends you like to go do xyz with friends/gf/family.
Be prepared for an offer in person and know where you need to be on comp and what your arguments are for that (in case you need to negotiate on the spot). Nothing worse than being caught in those discussions by surprise. It's happened to me before.
Thanks!
Remembering my first offer at 50k base for a real estate investment analyst role, a friend at a great shop got 45k so i thought it was great until i found the original job description in the files budgeted at 50/60k ahaha!
Another topic here but I will definitely challenge the base and will back this with actual market intel. I'm considering trying to secure a 10% base increase if it's a bit low and/or try to put in place an even higher increase post probation period if they're more comfortable with that.
No offer yet so let's see.
Sounds like the company has been burned before by fit issues so they are being careful to make sure it doesn't happen again.
I think you should treat this as a two way street. Everyone gets the chance to show everyone else who they are outside the formality of the office.
A few years out of undergrad, have had this where I went through a million interviews and got called in to meet the VP and Associate similar to this. Very much felt like I was getting an offer and it was literally tell us somewhat about your background (although we had spoken before), it was about where I lived in the city, have I watched xyz teams play recently - what teams sport did I like. Was a 20 minute convo and then went back to more about the role and expectation. Ended with yeah you've met the team, it clearly has gone well since you met 6 other members and have gone through all these rounds, should hear back next week and I got the offer.
Wouldn't worry, if you aren't into sports look up local professional teams and have some thoughts on recent games, what sports you like or what you like to do on the weekend (try new bars/restaurants with friends is fine). No need to bring up your hobbies etc up front, can seem eager just have a casual conversation.
It's basically is this guy normal, will I like sitting next to him for x hours a day and getting to know him or is he a weirdo.
My department does something similar. We've done lunch with one person to sell the position and the firm to someone we really want. We've also done it to decide between two strong candidates to see if there would be a better cultural fit or see how they act outside an interview environment.
You don't need to be too stiff. Could be a test of how personable you are without drifting unprofessional - don't share your drinking escapades as one of ours did.
I seriously doubt they waste time going for coffee just to reject you. If you don't get a verbal offer, then you're likely in the mix of a short list. Good luck!
Thanks a lot! I've just received a phone call, asking if I could provide references before we meet (2 last companies boss's contact details)... Should be very positive isn't it? As they insisted on the potential immediate start during interviews and that it's not a big firm in terms of headcounts, do you think it could be an offer directly and trying to make me start within a few days?
Thanks again!
I've been asked for references up front and interview went no where after on their end.
References generally means you're getting an offer. But what they said is not an offer. Wait for an official offer letter before making any changes to your current routine.
Let us know what happens! Good luck
Good luck! Should be a casual "fit" check and you'll do great. Just be personable and friendly. I doubt they would ask you to start within a few days.
Assume nothing and just go there with the mindset of enjoying coffee. Start relaxed and match their energy. Nothing is in the bag. Don’t take this the wrong way, but you sound a bit in your head / overly analytical - whole good for the role, just let your guard down a bit. I’ve been in the same position and thought every interaction is “formal”. It could well be they’re like “John is smart but seems too uptight / guarded / intense”. Unless you’re obnoxious, my advise would be the best way is to just be yourself - like you are with current colleagues. Don’t play a role - be you and chill.
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