Has anyone ever heard of banks or background checking companies personally approaching your university to ask for an official transcript? Or 99.99% of the time do they just ask you to bring in your official copy if they want one?
Thanks
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Disclaimer: The post above has been made by someone who is not currently employed in IBD...follow the advice at your own risk
yeah, it sounds like it. you won't get a job with those skills...
have a real response?
Yes, they will talk to your school directly.
Background checks are common now not only for just banks. Corporations and banks even hire investigating companies to do checks.
The school cannot and will not devulge information on your transcript. Period.
I think the way it works is that you authorize your school to send an official transcript directly to the employer. I'm pretty certain that your school can't release your grades to anyone without your prior approval (at least that's the way it works at my school).
Correct. They can only do it if you grant them permission.
Yeah but as part of your paperwork, you will certainly be authorizing a full background check.
the question is do banks request officials from each and every candidate.......or do they just make sure you're enrolled in that institution and spend more time looking at references?
What exactly is a full background check? What is included?
They verify all information you provided on past employment, education, criminal record, driving records and social security.
Some places check your credit history as well.
b/c from what i know, common checks will ask you to confirm that you have provided true information about your education, work history, etc. and then it will ask you to consent to the organization to obtain any info thats reasonably required to confirm or clarify your claims.
im wondering if this allows a company to go to your school and just ask flat out for your official transcript....or if you would still have to provide your verbal consent for this piece of info.
They cannot request your transcripts. You cannot give them permission to do so. You have to request that your school send an official copy to the bank.
How can they find previous employment information?
they clearly call your references.
What if they were in high school like 4 years ago?
especially if they request it.
Disclaimer: The post above has been made by someone who is not currently employed in IBD...follow the advice at your own risk
can the offer be revoked? ie, you never displayed your GPA on your resume, nor did you provide transcripts, will they dissolve the offer made, due to a less then expected GPA? No lies made, only assumptions based on prior work experiences
I don't know about past employment. There have been many stories of people fabricating jobs, clubs, volunteer work, etc. And as far as I know they are still there.
My offer letters said the offer was subject to verifying information I had presented, that I graduate from college, and pass a drug test. If you never presented a GPA, nor told them what your GPA was, nor make nor wrote any comments that would indicate a GPA other than the one you have (i.e. if you told them you were graduating cum laude and you have a 2.0, that's a false representation) then you didn't make any untrue representations. They can't assume anything based on past work experience - there were 2 people at my intern employer with GPAs less than 3.0 (even though it was a BB).
The offer of course can (and probably will) be revoked if you actually lied about something - i.e. bumped up your GPA or fabricated work experience.
How can that happen? How can you go through the process not being asked for your gpa?
I was given a full cavity search.. Is that normal?
My MD does it just about every day actually. Anyone else experience anything like that?
Any reasonable bank would make you confirm your GPA as a term of employment. Otherwise, you could say 4.0 and they'd have no way to check??? Yeah. Right. Does you much more harm than good to lie on your resume.
So, in short, yes, you should expect them to obtain your official transcript one way or another for you to stay employed.
Would this disqualify you?
I refer to your post a few years ago:
rddunfie and rat4100: "can the offer be revoked? ie, you never displayed your GPA on your resume, nor did you provide transcripts, will they dissolve the offer made, due to a less then expected GPA? No lies made, only assumptions based on prior work experiences"
I have the exact same situation where I did not disclose my GPA on my resume, got called for a superday anyway and went through interviews to get an offer at this BB.
Now when they conduct bg check + ask for transcript. Do you they think they can renege their offeir based on a below expected gpa?
What happened in your case? I am really, really interested to know.
Thank you and hope you reply really soon
Background check for SA @ BB (Originally Posted: 12/30/2014)
Do they ask for official or unofficial transcript? Will they contact your previous employer for references? What other tests are there?
not sure if there is any check at all for SA positions. GS does very detailed check, and that is only BB I know that does background check for sure.
What to expect in a background check (Originally Posted: 07/17/2012)
So I've been told that I got the job. Now I'm waiting for my offer letter to come through and the background/drug check. What can I expect in the background check? What do they pull? Credit? High School Transcripts?
Definitely not HS. Prior work experience and college & to make sure you're not a criminal or have some sketchy criminal history
Accepted SA--Resume/HR/Background Check Q (Originally Posted: 02/07/2015)
I just accepted a SA position with a BB. On my resume I have my major listed on there and this was what i submitted to the firm and what interviewers got when they interviewed me.
I am actually "technically" undeclared right now and my transcripts say undeclared...but i just haven't officially declared the major with my school yet and should be doing it soon since I joined the major later.
Will this be a potential red flag or ding? How should I address this? am I fucked?
No. You're good.
Education and Background Check (Originally Posted: 12/26/2010)
When an employer runs a background check on you does a list of every educational institution you've attended become available? I ask because I was enrolled in a university for one semester prior to where I'm at now but I didn't bring any credits with me when I transferred so it's not on my new transcript. Will they ever be able to see I attended said university, considering none of the credits taken will contribute to my degree and aren't on my current university's transcript?
.
For one reason or another I did some complicated transferring. I did a semester at a university right out of high school, left and went to a community college, transferred to another university, left and did a summer session and a semester at a different community college and now ended up at my current Ivy. The only credits counting towards my degree here are from the most recent community college where I stacked up on classes and am only a year behind where I would have been had I went here all along. So out of my five institutions, only two of them will be applicable to my degree (most recent community college and current university). I was hoping these would be the only two I'm required to report and therefore the only two employers will verify, considering the other three are now useless. It just doesn't reflect well to have attended so many institutions, regardless of the reasons. On top of that, if I decide to pursue business school at some point, hopefully I would only have to send a transcript from my current university where I will obtain my degree, and then from the recent community college because some credits from there will appear on my official transcript.
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