BB HR: What is the process for checking GPA, ECs, test scores, references, criminal history, etc ?

I see couple of questions on BB background check for FO jobs every day.

There are several good threads, explaining the process and everything, but advices almost never come from someone who actually worked at the BB HR. Either people speak from their experience which is kinda random, or they just preach 10 commandments.

I would like to know how exactly are GPA, ECs, test scores, references, criminal history, etc. are being checked.

I understand that some of those are often random, but I would like to hear from somebody who actually works at a London/NY/etc. BB bank and knows the stuff.

There are articles on the EFC and other websites, but usually some Head of Recruiting is speaking, and it is very formal, unrealistic interview with generic answers.

Comments (39)

Best Response
Mar 19, 2013 - 11:02am

What do people want to know? It's a really simple process. I do this for candidates regularly.

Edit:

I would like to know how exactly are GPA, ECs, test scores, references, criminal history, etc. being checked.

GPA: Transcript, plain and simple
ECs: Rarely checked, if you list an award they may contact the people responsible for managing said award if it's actually important enough to be worth their time.
Test Scores: Rarely, if ever, checked.
References: Phone call to the references?
Criminal History: Easily checked via background check firms that run comprehensive consumer history reports, have access to juvenile and adult criminal records databases, etc.

I hate victims who respect their executioners
  • 5
Mar 19, 2013 - 11:12am

It would be nice if people on WSO used common sense and grew a sack. They outsource this shit. Your credit is pulled, your criminal history is pulled, they pull your transcripts. They sometimes/usually call the places you list for employment (if you have any) and confirm start and end date.

Real simple. If you have any issues/discrepancies simply let the HR person facilitating the process know. They are there to help you.

I've been on this site for over 4 years and have seen this topic discussed endlessly. Search the forum and you will find just about every situation discussed.

  • 1
Mar 19, 2013 - 11:41am

Second the comments above. Everything is outsourced to a third party by BBs. I don't understand the obsession with this process. My best explanation is that everyone exaggerates on their resume (surprise), then they become hopelessly paranoid when background checks begin. Relax.

"For all the tribulations in our lives, for all the troubles that remain in the world, the decline of violence is an accomplishment we can savor, and an impetus to cherish the forces of civilization and enlightenment that made it possible."
Mar 19, 2013 - 11:50am

The only thing you have to actually know is to not lie and falsify information. I didn't get concerned when the government ran background checks to authorize my security clearance because I was truthful in the interviews.

I'm not worried about some bank running a background check because I didn't exaggerate or lie on my resume or in interviews.

It feels great not to have to worry about lying...or maybe it's the getting caught part everyone worries about.

I'm continually shocked at how insecure people are.

Regards

"The trouble with our liberal friends is not that they're ignorant, it's just that they know so much that isn't so." - Ronald Reagan
  • 1
Mar 19, 2013 - 1:04pm

about cheating:

don't listen to these preachers kid
every single one of them lies and cheats on a regular basis...

my 2 cent:

"If you aint cheating, you aint trying"

"A thing worth having, is worth cheating for"

don't be a yes man like 99% of people (here)
you are giving your best to succeed

try not to get caught
and if it happens - deal with the consequences like a man

good luck!

P.S. gotta agree with the guys above, that work is usually outsourced at BB's, but I think that smaller firms and regional offices don't do it

Mar 19, 2013 - 1:57pm

animalz:
about cheating:

don't listen to these preachers kid
every single one of them lies and cheats on a regular basis...

my 2 cent:

"If you aint cheating, you aint trying"

"A thing worth having, is worth cheating for"

don't be a yes man like 99% of people (here)
you are giving your best to succeed

try not to get caught
and if it happens - deal with the consequences like a man

good luck!

P.S. gotta agree with the guys above, that work is usually outsourced at BB's, but I think that smaller firms and regional offices don't do it


This is why people think bankers are douches and shit heads.

Believe it or not, some people actually have the ability to do things without lying.

Mar 19, 2013 - 2:00pm

LHDan:
animalz:
about cheating:

don't listen to these preachers kid
every single one of them lies and cheats on a regular basis...

my 2 cent:

"If you aint cheating, you aint trying"

"A thing worth having, is worth cheating for"

don't be a yes man like 99% of people (here)
you are giving your best to succeed

try not to get caught
and if it happens - deal with the consequences like a man

good luck!

P.S. gotta agree with the guys above, that work is usually outsourced at BB's, but I think that smaller firms and regional offices don't do it


This is why people think bankers are douches and shit heads.

Believe it or not, some people actually have the ability to do things without lying.

Investment banking is a lie, just like your projected bonus numbers.

Mar 19, 2013 - 2:58pm

DaisukiDaYo:
SirTradesaLot:
What are you lying about that has you so worried?

Beside's the size of my junk, nothing much. I was referencing the general banker population.


Question was posed to the OP.
Mar 19, 2013 - 4:17pm

DaisukiDaYo:
Maybe to the general population, but to our peers we're making less per hour.

What peers do you have that are making appreciably more than $30 / hour in entry-level jobs?

"For all the tribulations in our lives, for all the troubles that remain in the world, the decline of violence is an accomplishment we can savor, and an impetus to cherish the forces of civilization and enlightenment that made it possible."
Mar 19, 2013 - 4:26pm

DaisukiDaYo:
people in ops working 9-5 and making 70k base + sign on + small bonus?

We're talking entry level at a bank, so ops, trading, middle office, etc.

Ignore the sign-on, bankers get that too and it's not reflective of an hourly wage. At most, you're talking $40 / hour, not appreciably different and a rate that bankers pass very quickly.

"For all the tribulations in our lives, for all the troubles that remain in the world, the decline of violence is an accomplishment we can savor, and an impetus to cherish the forces of civilization and enlightenment that made it possible."
  • 1
Mar 19, 2013 - 4:22pm

OK, how about this - a legit question on background checks.

I have an offer from top 3 BB, one of my work experiences is in my home country at a small-ish trading shop. They are half liquidated now, the programme was not that structured and I do not have any contacts at the moment. Can I omit the experience or just talk to HR about that?

Thanks
RP

"Every man should lose a battle in his youth, so he does not lose a war when he is old"
  • 1
Mar 19, 2013 - 4:27pm

RichardPennybags:
OK, how about this - a legit question on background checks.

I have an offer from top 3 BB, one of my work experiences is in my home country at a small-ish trading shop. They are half liquidated now, the programme was not that structured and I do not have any contacts at the moment. Can I omit the experience or just talk to HR about that?

Thanks
RP

Don't omit anything that is on your resume. There should be a section on the background check that allows you to report that the firm is no longer in business. They can confirm your employment in other ways.

"For all the tribulations in our lives, for all the troubles that remain in the world, the decline of violence is an accomplishment we can savor, and an impetus to cherish the forces of civilization and enlightenment that made it possible."
  • 2
Mar 19, 2013 - 4:41pm

NorthSider:

Don't omit anything that is on your resume. There should be a section on the background check that allows you to report that the firm is no longer in business. They can confirm your employment in other ways.

Agreed, but this was more of an insight programme and I wasn't on payroll or anything (only lasted 10 days)... Well I will give them all the info I can, and I guess we will see what happens. Thanks.

"Every man should lose a battle in his youth, so he does not lose a war when he is old"
Mar 19, 2013 - 4:41pm

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Please don't quote Patrick Bateman.

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