Summer Internship Background check

Hi everyone,
Could need some help and opinions about administrative steps concerning SA recruitement process.

I know banks do background checks for candidates during CV screening and all ... but does that mean recruiters will contact my firm and ask them if I'm really doing what I mentioned on my resume??

The thing is my firm isn't supposed to know I'm even considering applying for summer internships, as I technically can't resign or quit before 2016 ... However, If I have a summer I know I'll quit, I'll just have to figure out how (and justify it) ..

Can anyone help me with this matter please? Any opinions are really appreciated..

Thanks in advance

 

Nope. Don't worry.

"I do not think that there is any other quality so essential to success of any kind as the quality of perseverance. It overcomes almost everything, even nature."
 
Best Response

I had to do a SA background check this year for a BB. It was outsourced to an external company. They never checked with previous employers did I do what was listed on my resume, instead they just looked for a lot of paper work (beginning, middle, and end paychecks, work cessation tax sheets), 2 references, and permission to contact my place of education. AFAIK my resume wasn't even passed to them, I had to fill out a separate form detailing my previous employers and positions but not a description of my position.

That said, 2 people applying to the SA position this year listed bullshit on their CV that they didn't do, the interviewer suspected them of this so had them reinterviewed by a person more experienced in the area who quickly determined they were lying. They didn't get the position and were blacklisted from the firm so I'd be very careful of what you put down.

 

Only after they give you an offer.

“...all truth passes through three stages. First, it is ridiculed. Second, it is violently opposed. Third, it is accepted as being self-evident.” - Schopenhauer
 

Of course they will. But that wont be a problem for you at that point because theyll already have extended the offer, so if you get fired by your current employer before starting work at the other place, its nbd, because youll already have the offer.

Theyll probably just make sure you worked there. Probably wont let anything else go because of potential lawsuits, but youll probably be asked to provide pay stubs.

“...all truth passes through three stages. First, it is ridiculed. Second, it is violently opposed. Third, it is accepted as being self-evident.” - Schopenhauer
 

I dont see why that would be an issue so long as youre not currently working with the new firm/having access to any confidential information while also getting payed by the current firm. People do this constantly.

“...all truth passes through three stages. First, it is ridiculed. Second, it is violently opposed. Third, it is accepted as being self-evident.” - Schopenhauer
 

They usually do the background check after they have already accepted you. I would think they just check for straight facts, i.e. you worked there, you received an offer and there wasn't anything glaringly wrong. If your past employers didn't completely hate you then you will be more than fine.

 

uhh... yea.

They have to make sure you aren't a liar, criminal, or schmuck. If you don't pass the background check, then they can't insure against you screwing up.

 

Definitely do a background check for the obvious stuff: convictions, warrants, possibly credit, confirming educational institutions, grades, and dates of past work. Doesn't matter if you got an offer from the last firm or not, unless you totally misrepresented that during the interview process.

Basically, all you have to do is not lie on your resume, pass the drug test, and not be on the run from the law. Don't sweat the rest of it, unless you can't even cover that bare minimum of hireability.

 

Iceman, calm down. This thread was three years old. You've already started multiple new threads on background checks and have numerous replies with good information.

CompBanker’s Career Guidance Services: https://www.rossettiadvisors.com/
 

Rerum consequatur sapiente totam modi. Cupiditate eos iusto est a natus. Aut eum quos et minima et. Maxime ex est vel aut aut est explicabo. Sunt architecto totam pariatur rerum ipsum qui. Magni repellendus doloremque veritatis incidunt ut esse distinctio perspiciatis.

Voluptatem enim itaque ea asperiores suscipit sint sint. Ipsa ut eos nobis repudiandae harum. Quibusdam ea consequatur ut quisquam facilis. Suscipit consequatur aut officia. Aut magnam maiores perferendis velit a. At omnis praesentium rerum quasi.

Itaque excepturi itaque iusto commodi sequi fugiat at. Et praesentium hic minus quo laborum eos. Ipsum quo neque rerum rerum. Et doloremque nulla corporis fugit.

Aut et consectetur quis harum. Voluptatem magnam hic ex qui provident amet qui. Est esse rerum qui.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (20) $385
  • Associates (90) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (67) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
GameTheory's picture
GameTheory
98.9
6
CompBanker's picture
CompBanker
98.9
7
kanon's picture
kanon
98.9
8
dosk17's picture
dosk17
98.9
9
DrApeman's picture
DrApeman
98.8
10
bolo up's picture
bolo up
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”