Lying on resume? 2 encounters already
I know there is wiggle room for minor description changes and related. You can be a summer analyst or intern… nobody cares.
But I wanted to ask - is it easy for people to get away with lying on their resume? How rigorous are background checks now at banks?
I’m asking only because I’ve encountered two people already who flat out lied.
One person joined my current firm for a solid gig… I had no idea how he got into that team from being a new workout associate. But when speaking to a VP on that team, they said “wait he said he was working on XYZ team when he was there?”. Basically he lied about what team he was working on.
Another joined a pretty solid IB, but was in a portfolio management role as an Associate… the problem was that he went there as a VP and more on the client facing side. I’m pretty sure he fudged a few items, specifically his group and I think his title as well.
I guess my question is what the hell? Does HR verify titles or roles? I know there is the interview to test technicals, but I’ve encountered 2 people that straight out lied already. How does this get past them and last?
The firm usually hires an external company to do a background check and verify your info. For my FT IB role they did a background check where I had to verify all the info on my resume, including tax documents and contacts for my previous employers. And the PE firm I just accepted an offer at is doing the same thing. Also, even if you somehow get away with it I think it could very easily come back to bite you in the ass - people will realize you’re incompetent/you let slip that you lied and someone reports that to HR.
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