'Pressuring' a senior banker for a quick answer ?

Hi everyone !

So I found myself in an uncomfortable situation. I've got a job offer for a job that I don't really think I would enjoy, but it is a job. In the same firm however, I have a second interview with a senior banker the day before (tuesday) the deadline (wednesday) for the other offer. My question is this : should I 'pressure' the senior banker, explaining that I really much prefer this position, but that I have a deadline the next day for the other position ? During the first interview, I was told that this could be done and decided by Friday, but still... it would be after the deadline. It is only a verbal offer, so I could still say yes verbally, and then refuse the written offer. But it's in the same firm so it's not really good practice I imagine...

What do you guys think ?

Thanks !

 

Yeah, I think its fine to be honest. Tell the person you have another offer but will pull the trigger in your group of interest if they will take you.

"If you always put limits on everything you do, physical or anything else, it will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them." - Bruce Lee
 

I don't quite grasp your timeline though. Are you talking about this Tuesday? If you have to decide by Wednesday and you have an interview on Tuesday, you might want to give the guy a heads up before the interview as it usually takes weeks to get a written offer sent to candidates.

You're not 'pressuring' a banker to do anything. You're giving him a heads up, an FYI.

"If you always put limits on everything you do, physical or anything else, it will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them." - Bruce Lee
 

Yes. Basically I have a verbal offer and should give a verbal agreement by Wednesday. But on Tuesday I have the other interview. The thing is, it will still be a verbal agreement if I say yes.

During the first interview, they told me they could reach a decision by the next Friday, so they seemed to think a quick answer could be given. But I don't want to 'over' pressure it.

 
Best Response
confusedhumanbeing:
Yes. Basically I have a verbal offer and should give a verbal agreement by Wednesday. But on Tuesday I have the other interview. The thing is, it will still be a verbal agreement if I say yes.

During the first interview, they told me they could reach a decision by the next Friday, so they seemed to think a quick answer could be given. But I don't want to 'over' pressure it.

Yeah, just email the banker in the group you like today (Sunday).

Exhibit candor.

.................................................................................................................................................................................................................................... Dear Mr. BSD,

I look forward to our interview on Tuesday. I have a keen interest in your group, but have received a verbal offer from XYZ group 'Company'. They expect a decision from me by Wednesday. My preference is in your group (name group), but I do not want to lose the opportunity to work at 'Company'. I look forward to our meeting and if all goes well I hope you can help to advise on next steps.

....................................................................................................................................................................................................................................

You're really just planting the seed that you are facing an imminent decision without pressing him. Hopefully you will know after the Tuesday interview how you stand in the group you like, and it is a possibility that he will say he wants you in the group, or go ahead and accept the other offer, or something different like, go ahead an start there, but I will consider you in the future in my group (might be an easy internal transfer).

Also, other offers on the table even within the company often make you look better, as you are in demand/valued by others.

"If you always put limits on everything you do, physical or anything else, it will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them." - Bruce Lee
 

Voluptas magnam ut maxime sed nostrum soluta. Consectetur molestiae et officiis voluptatem maxime dicta rerum. Nulla earum commodi ut repellendus. Et sed iste laborum similique error eveniet. Nulla est facere aliquid voluptas.

Quaerat est est et vel. Commodi repellendus qui provident soluta nobis nemo rerum.

Dolorem illum distinctio ipsa minus. Ipsa nihil ducimus et voluptas. Aut earum vel id voluptatem error non. Omnis laudantium nemo officiis dolore.

Inventore quam ullam autem et. Deserunt natus hic et ut. Necessitatibus esse quos voluptatem ut impedit.

"If you always put limits on everything you do, physical or anything else, it will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them." - Bruce Lee

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”