I am in deep shit

Hey fellas I am currently in somewhat of a unique situation and was looking for some advice from the community. Been sitting on this for a while as I was just very confused as to how I should proceed.

I had an 'incoming internship' listed on my resume for this summer (2020) and luckily landed an offer for an SA 2021 role at a bank earlier in the cycle. The 'incoming internship' ended up getting cancelled so I was wondering if you guys had any advice on how to approach this with HR.

Here's the main issue - the incoming internship wasn't necessarily confirmed with a formal contract at the time. I had spoken to the head of the firm and he said I could probably intern there and to follow up later. COVID-19 hit and they practically ghosted me. I had it as an incoming internship on my resume as it seemed likely at the time and with recruiting pushed up by a ridiculous time frame I had to show some 'expected' experience.

Obviously, I was thinking of giving them an update with a newer version of my resume but any idea if they would conduct a verification check for my cancelled internship i.e. ask for references or for offer letter/proof of employment documentation etc.? Or would they consider this an issue and potentially rescind my offer when the inevitable background check happens a couple months later? If i were to somehow land another internship that goes on during the semester and maybe send them my updated resume with that do you think it could negate the earlier issue (since I show some experience in place of the cancelled internship)? Understand that I had no intention of lying here, the internship was legit at one point and not something I fabricated.

Would really appreciate some advice from you guys. I have been very stressed because of this - come from a middle class background and grinded my ass off for the offer so I'd be devastated if they rescind. Thanks all!

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Comments (25)

Aug 12, 2020 - 11:59pm

Do not thing you're in deep shit at all. Covid has caused many people's internships to get cancelled, and I believe your firm will be very understanding of this if its ever brought up.

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  • Intern in IB-M&A
Aug 13, 2020 - 12:03am

Gonna go ahead and agree^. Understandable to be worried about it but don't think you really should at all. COVID screwed everyone

  • Analyst 1 in IB-M&A
Aug 13, 2020 - 12:09am

Do you have any written email confirmation from the firm that they're willing to have you on board as an intern? If so, you can always show that to HR if it's questioned.

Either way, I think you're fine here. HR most likely understands that many people had their internships cancelled due to Covid.

  • Analyst 1 in IB - Gen
Aug 13, 2020 - 12:18am

Background check will ask for a formal letter / formal email letting you know when you were starting and/or conditions, so it is wise to go upfront and send an updated email explaining that your CV was sent prior to the cancellation, but that you already had such a verbal offer and that you could liase with the company if needed.

HR has no problem to update CVs before ACs so the MDs receive the latest version

  • Intern in IB-M&A
Aug 13, 2020 - 1:39am

Would you also recommend reaching out to HR preemptively about an error on your resume (relatively minor, but still)? I just noticed a mistake. Should I email them an updated version and explain it was an honest mistake, or wait for them to contact me? It doesn't feel right for me to sit on it knowing they have an incorrect detail even though it is relatively minor.

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  • Analyst 1 in IB - Gen
Aug 13, 2020 - 1:19am

I don't have a written offer thats the biggest issue.

If I send them an updated resume and say by chance landed another internship (off cycle part time fall internship) that I could potentially list as 'replacement experience' of sorts - do you think HR will still care about the cancelled internship and ask for verification/proof of employment etc? The way I saw it if I had some experience to show on there despite the cancelled internship they might not care as much about the cancelled internship and just focus on verifying the actual internship that I might have ?

Aug 13, 2020 - 12:28am

My man, relax and congrats. As long as it was true at the time, you're fine. Especially with covid.

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Aug 13, 2020 - 1:07am

I'm going to take a differentiated stance from everyone else:

Haven't you heard of the old saying "Don't count your chickens before they hatch?" That's what you did here. Sure, you weren't "intentionally lying," but you still grossly & materially overstated the likelihood of you having an internship this summer. You didn't even have a direct verbal offer, much less a written one.

From an accounting perspective, imagine a firm claiming to have a significant amount of additional sales (enough to be the difference between a profit and a loss) soley based on a customer saying they'll "probably" spend that much in a few months. That would be total fraud.

Moreover, you presumably had at least two or three months to say something to HR but you didn't?

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  • Analyst 1 in IB - Gen
Aug 13, 2020 - 1:15am

Yes that is my dillema. Not looking for sympathy here and I realize my mistake but once again it wasn't blatant fabrication of an internship.

For context - I received the offer IB SA 2021 back in late March/early April - the 2020 internship was slated to start in May so obviously wasn't referring to my experience at the firm during interviews for example questions or 'things I learned' etc.

I haven't communicated with HR since only due to the fact that I wasn't sure how to proceed

Aug 13, 2020 - 1:25am

Well, I'm glad you aren't looking for sympathy because you probably won't get any from me.

Yes, it wasn't a blatant fabrication and you didn't reference your experience, but I'm sure you got asked "What are you doing this summer?" Right? Whatever you were planning on doing sure as hell sounds a lot better than "I don't have anything lined up." In my case, I literally had absolutely nothing planned for this summer until I managed to get an internship in late April. Yes, I got lucky to get something so late, but it still meant that I was screwed for the EB's, where I'm assuming your offer is from. That's just the name of the (honest) game.

I get that you were unsure how to proceed, but I don't understand why you waited 3 months to ask about it on here then. The longer you wait to tell them, the more suspicious it is.

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  • Prospect in RE - Comm
Aug 13, 2020 - 4:12am

It might be worth reaching out to the head of the firm you were meant to intern at, explain the situation and ask for a brief written note that you were meant to intern with them.

Of course, if you do that you'll want to come across as very understanding of Covid etc and not bitter about him ghosting you. I'd imagine if you come across as sincere they will be more than willing to make some sort of written confirmation (or get HR to make one)

  • Intern in IB-M&A
Aug 14, 2020 - 2:46pm

Agreed. No idea why everyone here is over reacting. SA rarely ever get background checked. If he/she put Goldman on resume I think that would be more of an issue

Aug 13, 2020 - 8:04am

Seems fishy to me that you put it in your resume when you didn't even have confirmation about doing the internship.

Luckily for you, internship cancellations due to covid are really common so they won't think about it twice. Just don't say it.

Send your resume without it and that'll be it. Trust me, with so many interns, do you really think they'll remember that you had X "incoming internship" in your resume? No.

Some people tend to think that HR is out there to get you or that they really scrutinize their resumes really hard to find holes. They don't give a shit. They just want to get their paycheck and be out by 3:30pm.

  • Analyst 1 in IB-M&A
Aug 13, 2020 - 9:21am
Analyst 1 in IB - Gen:

Hey fellas I am currently in somewhat of a unique situation and was looking for some advice from the community. Been sitting on this for a while as I was just very confused as to how I should proceed.

I had an 'incoming internship' listed on my resume for this summer (2020) and luckily landed an offer for an SA 2021 role at a bank earlier in the cycle. The 'incoming internship' ended up getting cancelled so I was wondering if you guys had any advice on how to approach this with HR.

Here's the main issue - the incoming internship wasn't necessarily confirmed with a formal contract at the time. I had spoken to the head of the firm and he said I could probably intern there and to follow up later. COVID-19 hit and they practically ghosted me. I had it as an incoming internship on my resume as it seemed likely at the time and with recruiting pushed up by a ridiculous time frame I had to show some 'expected' experience.

Obviously, I was thinking of giving them an update with a newer version of my resume but any idea if they would conduct a verification check for my cancelled internship i.e. ask for references or for offer letter/proof of employment documentation etc.? Or would they consider this an issue and potentially rescind my offer when the inevitable background check happens a couple months later? If i were to somehow land another internship that goes on during the semester and maybe send them my updated resume with that do you think it could negate the earlier issue (since I show some experience in place of the cancelled internship)? Understand that I had no intention of lying here, the internship was legit at one point and not something I fabricated.

Would really appreciate some advice from you guys. I have been very stressed because of this - come from a middle class background and grinded my ass off for the offer so I'd be devastated if they rescind. Thanks all!

I suspect you knew what you were doing. No point in trying to convince us though. I respect the finesse and you got kinda lucky bc of covid, so you will most likely get away with this

  • Intern in IB - Ind
Aug 14, 2020 - 12:24pm

You played your cards super fucking well bro, I think you're good because I had a similar situation and I didn't even have it on my resume, they ended up saying that it didn't matter because they had no expectation anyway (mid tier BB)

  • Prospect in IB-M&A
Aug 14, 2020 - 7:09pm

No idea if you're gonna be ok here or not - maybe someone who's gone through the SA backcheck can shed some light.

BUT if you do pull this off I gotta say this is one of the biggest finesses I've ever seen in student recruiting and the stars couldn't have possibly aligned for you any better with internship cancellations through COVID. Rooting for you here tbh

Aug 20, 2020 - 8:58pm

You'll be fine. 
 

1) Lots of background check firms don't even refer to your resume, they verify employment dates that you'll input on their website when you verify. Just leave off the non-job in question, or write "[COVID]."

2) There will be tons of kids in your class who have similar or same issues. HR and or background check will give you guys a longer leash, or may not even bother verifying canceled stuff (sounds like a huge pain)

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