Hi all,
I have accepted a FT with a BB in September - I'm currently interviewing with another BB.
I definitely would mention that i received a FToffer otherwise they would think my performance was poor.
However, what should I answer if they asked me if I already accepted?
its clear on my CV that I finished my internship in September so they would not believe that I still did not sign.
Thank you
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I would not interview with this BB. As you basically said, you will be forced to reveal that you have another offer, have accepted it, and are still interviewing. Most analysts probably do not have a problem with reneging, but more senior bankers will see you as disloyal. Maybe they ding you, maybe they shoot their buddy at the other BB a quick note...This risk, albeit possibly small, is just not worth it. Take the first offer, work there for six months, and then lateral.
I dont think there is a risk that they will inform each other. Its just awkward for both them. (by the way, they are different BBs in different cities. the chance of them knowing each other is much lower.)
Banking is a small world. Trust me, they know each other. I honestly wish you the best of luck regardless of how you should proceed, but I would not risk this.
People know each other from going to school together, being on deals, having worked at old firms, seeing each other at conferences, etc....Being in a different city doesn't matter.
You're incredibly naive if you think bankers don't talk about candidates, if nothing else than to gauge on who will accept if offered. You very likely risk losing both your existing offer and not getting a new offer if you are found out.
It constantly amazes me who people that are entering a job where gaining the trust of the client is 100% the most important thing and the industry is so small, yet they think lying for minimal gain is anything but a terrible idea.
You're only possible out is that you may seriously not even get the question on whether or not you accepted since most people would assume someone that accepted their full-time offer wouldn't even think about continuing to recruit.
Person in my SA class accepted their offer but interviewed elsewhere. Bank I was at heard they were interviewing elsewhere, not sure how. Only logical reason is that someone informed one of their buddies at the bank.
I agree with what Sil stated, although I am legitimately curious what makes you think any of this is a good idea.
preference to be in another city
I agree that you should pull all of your other applications.
Let's look at the POV of the BB you are trying to interview with: you're already dishonoring an contract you have signed. A month from now, you'll find out there is an opening from a boutique PE firm, you go and crush that interview, and then I'll be the person who you renege on.
At best, they'll auto-ding you. At worst they'll "teach you a lesson" and ruin your chances with all the other firms as well, including the one you signed with.
In my opinion, any firm that hires a reneger isn't a firm that I would trust or respect. Who's to not say that one day I'll be on the business end of someone else's disloyalty?
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