application questions: Am I screwed?
Hello dear monkeys,
have been reading this site for a long time and had benefit from it a lot :). Now I am have a real problem and would like to ask for advice.
around 2mth ago I was called up for an interview with a FI desk in an EU bank in HK, and it actually went on quite well. After 2 weeks, I was told by the MD via the phone that they would like to give me an offer, I shall just wait for the contract. The thing is up until now, I still cannot have it.
The HR I've been talking to keeps telling me that their management is review the headcount budget thus I should sit back and wait. the MD also told me the same thing such as I need to bear with them coz it's gonna take a bit of time.
Now I am getting really worried becoz of this Europe thing and this bank is among those mostly hit (think about a French house).
Am I screwed? Does it mean that they are awkward to make any offer that I might end up getting nothing? Appreciate u guys' opinions..
am in just about the same situation right now. Would also appreciate any input
Approvals tend to take some time, particularly with hiring restrictions in unstable markets. Not screwed necessarily, but I would keep looking.
GS took about 3 months to physically send the contract to a friend of mine, so it might be true, but I'd keep looking just in case.
If you're not part of a formal recruiting cycle, unfortunately, things like this can happen. It's still possible to get your offer, but keep looking elsewhere.
it's looking pretty bad, even for the formal recruiting cycle - rumour is that a lot of the bb shops in europe is in a hiring freeze right now.
Not to be cheeky or anything, but a good indicator of how screwed you are is to look at the inverse percentage of your bank's stock as a % of June highs.
Had this happen myself. Went on a bunch of interviews with the firm and was told I was going to be extended an offer. After a few weeks of going back and forth I was told they were just waiting on approval to hire. A little while later I was told they weren't able to raise headcount and that time.
As long as it's not Société Générale, you should be fine.
Fuga similique iure nobis eligendi quisquam quo. Recusandae et iusto in aut culpa excepturi.
Et a et eos nihil. Aspernatur non temporibus molestiae voluptatum voluptatem velit nam.
Sed eos id debitis placeat aut. Accusantium quis illo omnis totam neque quo nulla. Eum non cum aperiam eum optio provident.
Accusantium blanditiis officia aut maxime ea veniam. Natus tempore cupiditate ea excepturi. Et necessitatibus voluptatem assumenda libero doloremque aut.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...