London - FCA regulatory reference with written warnings
So I recently got an offer to join a BB's graduate scheme for IB. I'll be signing the contract next week. One thing i'm worried about relates to background checks which are performed so that you can get your FCA designation (CF30) at the BB - I believe you get this designation upon passing the FCA exams.
The issue is, I currently work at a Big 4 firm in their audit function but have received written warnings in the past. These remained on file for 6 months but I didn't go down the formal disciplinary path i.e. referring a panel because it was described to me as an unappealing process . They were given out for BS reasons. One for incorrect coding of timesheets (in Jan 2018) and then another for forwarding an email to a manager with the answers for a internal training thing (he asked me to) in July 2020.
Does anyone know whether the offer will be rescinded on this basis? I don't want to be in a position where I hand my notice in at the Big 4 firm, then the BB reneges the offer.
I'm due to start in July and I've got a 1 month notice period, so not sure if the background check will be complete by early June?
Any advice on the above? Worked my ass off to get the BB offer (especially from audit), and now it's just causing me tonnes of anxiety.
lmao, i was almost in a similar situation although i don't believe i got a warning.
think you should just straight up ask big 4 HR, will the warning be disclosed during a reference check in the future? (do not say employment reference check, just say reference check)
i suspect it will not be disclosed as it did not get to formal disciplinary.
even if it was flagged in the background check i would recommend you still quit and try to reason with the BB or u will regret later
Appreciate the advice. I've reached out to HR. Fingers crossed it all works out!
Update: For anyone concerned, none of these warnings were disclosed as they had expired. Hopefully this post will help allay fears for someone else.
Nice!!
glad it worked out for you. congrats on going directly from audit to ibd, no easy feat
Hey I am in a similar position are you sure the earning were not disclosed ? I am so nervous about this my warnings expired almost 1.5 years ago but I think they maintain old earning on personnel file. I know the regulated references ask for such things I was actually given a disciplinary warning at the time so not sure
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