Background Checks - How long does it take to accept an offer?
- How long does it usually take after accepting the offer?
- How do they let you know?
+250 | My chaotic IB journey | 27 | 12h | |
+211 | MS M&A vs GS HC | 49 | 1h | |
+177 | Ending My Life if I don't get an SA 2025 Offer | 63 | 1d | |
+115 | Anyone live in a different country before? What’s it like? | 43 | 23h | |
+74 | Hazing in the Bullpen. What to do? | 15 | 13h | |
+59 | Improving in TMT | 26 | 3s | |
+53 | MD shoved food down my throat. Is this normal? | 16 | 1d | |
+41 | Later Chodes - I'm Taking My Talents to The Mega Fund Leagues | 10 | 4h | |
+36 | Basically necessary to be a varsity athlete to get BB IB from Bowdoin? | 22 | 1d | |
+19 | Too late to be Analyst 1 with 5 years of experience? | 16 | 3d |
Career Resources
TRANSCRIPTS
of course they do. what kind of question is that?
maco: Yes, my bank requested my high school transcript.
high school transcript?
dunno about that
Yes, high school transcript. I had to sign a release form for both high school and college transcripts.
What's the point of getting a high school transcript? Do they request this before or after the offer?
Streetluck, are you saying it took two weeks after your offer or they actually spent two weeks going through your background info?
I have no idea why they needed my high school transcript. All I know is that I signed a release form giving them permission to get it.
what are they looking for in your transcripts? And overall, what is their intent on the search? to verify what you have said?
I've never heard of someone needing a high school transcript (not saying I don't believe it though)
Goldenstate,
The college one makes a lot of sense (see the current poll). I'm surprised high school transcripts would be used since those grades aren't really part of the picture. I'm also surprised no one has mentioned SAT reports since these might get lied about as well.
Personally, I was never asked for my HS transcript. I had to give my SS# and DOB and sign a release permitting them to do a full background check on me.
Yeah, my bank might have gone a little overboard on the background stuff. I had to give them 10 years of employment history, address history, education history (this itself took me about a week to get all the information together).
My roommate, who is working for a different BB, had a very simple process compared to mine. My whole process (from signing the letter to clearing the background check) took almost a month, and they still only give me "preliminary clearance". I have to give them my fingerprints during training for final approval.
I think I'll see you when we get there. Mine is still under review. School, employment and residence in several countries--info needs to be translated. ...to confuse things further I am a multi-national, one being American. HR is talking with me almost daily, they say I win the record so far for most difficult background check yet...and shit, that's only for 10 years--if they wanted to go from birth, it will take years to get done!!!! I think it has been almost six weeks and counting now. And yes, HS transcript required for me too.
streetluck - do u happen to work for Goldman b/c their backgrounds are notoriously thorough
How do they go about checking employment history?
What if you were been employed under the table from freshman year until senior year and reported that on your resume?
Yeah, I was employed under the table for a long time too. Since this is obviously illegal, there's no way HR is going to confirm me working there. How do you write that in to the background information. Any thoughts? Anybody been through a similar situation?
My under the table will stay on my resume.
What if you are the owner of this under the table organization?
Keep in mind that this is just for my bank, and yours might have a different procedure.
StreetLuck, do you know if the process is just as intense for summers as opposed to full-time? Do you think they'll go through and call all the places I've worked? or just the financial ones? Did they really call all your former employers?
I'm also assuming your check was for full-time, being that they went back 10 years?
What does this process entail? Checking for criminal history and if employer/dates given for employment are accurate?
HS transcript? Why would they even want it? It's not like they would fire you if you did bad in HS and did well later on in college.
Why is everyone getting so stirred up over background checks? Knowing if and when your bank does a background check is not going to change whether or not you have to do it. You also can't "go back" and fix what you've said so why stress out about it? Also, why are you doing things that would put you at risk for failing a background check to begin with?
My background check was done a long time ago. I was never notified it was complete. Simply not getting a call was notification. As long as you are honest on your resume and with what you say, you shouldn't need notification, you should know you passed.
Are you serious? You can't go back and fix something, but can certainly make sure your records at various places are accurate. For example, I had to remind a couple of past employers what my dates of employment were because I was an unpaid intern, and wasn't on their records. If I wouldn't have checked up with them, and reminded them of my employment, my bank would have called some place I worked 5 or 6 years ago, and thought I was lying because I wasn't in the records.
I'm not sure what type of b/g check your firm did, but if I would have just sat back and let it happen without pro-actively anticipating what might go wrong and taking care of things, my background check would probably still be going on.
I'm kind of in the same boat as you Compbanker. Everyone is stressing out about background checks. I was also never notified whether my background check was complete. I also never freaked out over dates or manager's contact information. If I didn't know something, I left it blank.
Which firm are you guys at?
I just assumed I passed once I received my relo check.
Has anybody ever heard of anyone NOT passing the BR check?
Street, When you say absolutely, do you know multiple people who have gotten canned as a result of the BR Check? Would would mind sharing any specifics as to what aspects of the check their firing pertained to?
Checking on campus activities? If you're talking about clubs, that would be an absolute wild goose chase; there's so many ways to cover your tracks with that.
His offer was at a boutique where a 1st year analyst was still involved with the organization as an advisor(same college), so immediately knew the guy was lying. The background check agency didn't check for this, but he was still fired for listing false information on his resume.
In HS I got a misdemeanor for reckless driving -- thoughts?
LOL that blows, poor guy.
How much did your bud bump his GPA that they sent him packing?
One girl was turned down at a BB firm because she got a negative reference of one of her part time jobs in the past..
It appears we may conclude that there seems to be 3 reasons to be turned down:
what's the consensus on criminal records? does it have to be a criminal offense, or can it be something like an ordinance violation (for underage possession of alcohol)?
I don't think they'd care about underage possession of alcohol
This whole ostensible background check process is just scarry!
I have a friend who has an offer from a bb but he has a $20k amex bill he hasn't paid (and it's about 7 months late). any thoughts? you think his offer will be rescinded?
What was he thinking? is he that broke? you could at least make the minimum payment...but I personally think that wouldn't be enough to take an offer away
no he isn't broke he's actually a baller. 90% of it was spent on magnums of cris haha.
His Amex isn't a credit card its a charge card (i.e. the balance has to be paid in full every month)
Yup, buy champagne with money you don't have is the sign of a real baller...maybe a mini-baller.
Anyway, my bank checked my credit history and I am under the assumption that is does make a difference. People who don't pay their bills and can't be responsible for their own finances and personal lives are not the types you want working under you. Too much potential drama and irresponsibility.
Background Check - How long does it take? (Originally Posted: 11/19/2009)
How long after an offeree accepts an offer does the offeror run a background check ?
Planning to rob a liquor store and don't want to do it until your background check is out of the way?
Curious as to if employers give time for the most recent GPA to kick in because recruiting essentially concludes at the end of my semester.
What impact will a previous arrest on your record have, such as drunk and disorderly? As long as it is fully disclosed before the background check will it be a problem? This is for full-time.
Or are you planning on disclosing it before they run the background check?
I would disclose it and personally call HR before hand to try and clear the matter up. Would this be the best route?
...
I would also appreciate people's response to the above question
Alright, if I were to take guess, I would say you have to disclose it on the background check form because any inconsistency between the form and your resume usually raises flags. Since your boss is out of the country, I highly doubt they can track him/her down.
Background Check - What point of the hiring process does background checks get conducted? (Originally Posted: 04/02/2009)
Hi, I was wondering at what point in the hiring process does a company conduct a background check? Is this only after an offer has been made? Is it HR who pulls up the information or could it be a partner? Thanks for the help.
from my exp, background checks were done after you accept the offer and it's usually done by a third party. However when i worked for a certain BB firm (now a bhc), I didnt get background check results until my third month of employment (there was a discrepancy with my summer job listed as during my freshmen yr vs sophomore yr). I had to get my summer employer to contact them to reconcile the check.
Interesting noob. Thanks for the response. In your experience or from what you've heard, do the third parties look for certain criminal offenses (i.e. embezzlement or theft) or do they report back on everything? (i.e. possession of alcohol/drugs, traffic tickets, etc.)
Firms do use a 3rd party background checking service and they typically receive info 4-6 weeks after you have started employment.
They report everything. If you have some shit on your record and lied about it on your application you are likely SOL. Honesty is a big thing in finance.
Why after you started? Wouldn't it make more sense if they knew those things before you start?
"Honesty is a big thing in finance."
love it
Jack, honestly - are you implying that if you come across as a liar (read: unethical) in your application or interview, you are going to have a shot getting in the door? What you do once you are in is entirely on you - but for kids in the application process, I think it's only fair to let them know that recruiters tend to lean towards applicants who a)have a clean record or b) if they have a minor stupid conviction, disclose it fully.
bro, i totally agree with you. I just liked your statement. I believe i used the phrase "love it"
Aut est quisquam reprehenderit voluptatibus non est tempora. Quo dolor earum dolores suscipit aut dolor hic. Adipisci minus numquam quia.
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...
Ex consequatur qui laborum sint libero. Quia adipisci explicabo voluptas soluta qui nisi. Quia dolore suscipit vitae minus at ea ducimus enim. Et omnis assumenda occaecati aut amet id. Nemo quam sint quia iure. Quia iure ex soluta.
Reiciendis ut consequatur qui accusantium quia excepturi. Est deleniti deleniti quaerat error magnam. Aspernatur maiores distinctio quam velit iure. Similique debitis odio facere a deserunt modi odit. Qui corrupti porro vel quod. Velit quo aut est iste voluptatum et quibusdam.
Veniam nihil praesentium vitae optio ab rerum. Illum non et occaecati laborum omnis labore expedita.
Voluptates voluptates quod exercitationem eligendi. Est sed omnis ipsam velit dignissimos. Et ut voluptate accusamus voluptatem.
Autem et dicta culpa. Dolorem sit rerum deleniti quis nulla. Aperiam quasi eos aspernatur blanditiis ipsa.
Placeat aut veritatis et dolorem voluptatum. Eaque et sunt iste. Quia ullam quaerat repudiandae sit quibusdam.
Iusto nisi autem sint voluptas. Maxime autem in sed quia neque omnis aut. Sunt qui quasi exercitationem quas. Veniam inventore molestiae id non.
Veniam sed quis dolores expedita officia quaerat. Pariatur odio est vel enim aut accusamus. Facere voluptates vel officia qui eum facilis qui ut. Totam ut eos quo maiores esse.
Sit placeat est aut aut. Quis quis dolor molestiae soluta qui nemo optio. Quos corrupti maxime quae ratione officia deleniti consequatur. Fuga ipsa nihil officiis cumque earum dolor.
Doloremque voluptatum alias enim qui. Nam dolorem quia nostrum eius voluptatibus porro quisquam et. Sint molestiae in qui et eos. Dolores qui est et sit rerum nobis ut.