Can you get rehired by a BB that fired you?

Associate 1 in PE - LBOs

Fired you 5 years ago from the BB's IB part. Let's say it was a non-performance related issue such as failing to get approval from compliance for something (having an affair, joining a board of a company, writing a book). If I was to interview with them, would HR/compliance ding me even if I get along with the MD of the team (this will be a new team at the same BB but different location)? Since then attended a top school for masters and worked in a couple of non-IB industries. I am job-hunting intensely, and wondering if i can tap that old employer.

Comments (11)

Funniest
Jan 14, 2020
Associate 1 in PE - LBOs:

failing to get approval from compliance for something (having an affair, joining a board of a company, writing a book).

Hahah, GTFO here. Why did you shag someone from the office?

    • 11
  • Incoming Analyst in IB - Gen
Jan 14, 2020

Pretty sure shagging is fine, an intern shagged with a FT and still got a return

    • 2
Jan 14, 2020

If a lot of turnover occurred, maybe.

If the person who sees your resume remembers what you did/you weren't that good, I would say lower chances.

    • 1
Jan 14, 2020

i'm not aware of any official policy towards this...but if anybody in the hiring process remembers you....i would expect this to be an automatic ding...unless the MD that is hiring you specifically goes to bat for you. There will be a red flag in your HR file...so you should have a direct and discrete convo with the business line MD, and get in front of this. Also, i would suggest looking to other firms first...as this seems like a long shot.

  • Associate 1 in PE - LBOs
Jan 14, 2020

Well l I go back with the MD before I joinEd the BB as a first year. He wrote my rec for grad school and I was connected to Him through a friend. This will be in his team. He obviously knows what happened. But I've never asked him about joining before. Desp times call for desperate measures

Jan 14, 2020

As long as it wasn't his wife, he should be fine with it

"The three most harmful addictions are heroin, carbohydrates, and a monthly salary." - Nassim Taleb

    • 3
Jan 14, 2020

if you know the MD and you want to work on his team...then contact him directly and just tell him that you're interested in the position that recently opened up on his team. If he is ultimately going to be the person hiring you, then you need to talk to him, right?

    • 1
Jan 15, 2020

Its 50/50 because of the passage of time and because its a different office.

If your question is whether a bank will knowingly give you a second chance, the answer is no. For example if you tried to get re-hired into the same office for the same role you had before, nobody's gonna be like "oh he's matured." HR just isn't like that.

But different office and 5 years later, there's ways to slip through those cracks. Decent chance they just won't know. Could be something as simple as a change in database providers that wiped a lot of old records, or just different record keeping in a different office.

  • Associate 1 in PE - LBOs
Jan 15, 2020

Thanks for your response. Well, I will have to tick the box when asked have I ever worked there. Plus, it's also on my resume. I guess I have two really main questions: 1) is it advisable to ask my contact (MD) if he can bring me into his team. As I mentioned, I've a good relationship with him (pls read my prior post). But I don't want to make things awkward or come across as the person who can't read between the lines ("dude you were fired from here. Go away"). And 2) if the MD is ok with pushing my resume down to the staffers and assuming I get the offer, can HR rescind my offer because of what happened in the past. Thanks

    • 1
Jan 15, 2020
  1. It's not crazy to ask
  2. Yes HR could rescind but would they, that's a different question. And really one for the MD to answer before bringing you in
  • Analyst 2 in IB - Ind
Jan 16, 2020
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