rejected after final rounds
Let's say banks are interviewing many people over a time span of 2-3 weeks.
I know they will interview everyone before handing out offers but would they reject you before interviewing everyone?
In their minds, yes.
The process I normally see is that interviewers discuss a candidate immediately after the interview and make a ding/no ding decision.
If there are multiple interviewer teams and multiple interviews, this may be done at the end of the day.
Either way, at the end of your day you review the list of no dings vs how many you think should be passed to next stage (may be your own evaluation, may be imposed by HR/bosses) and do a second round of ding/no ding culling if required.
In around 75% interviews, I've got a strong sense within the first 10 minutes whether or not the person is a ding. In the remaining 25%, I reach that point some time before the end of the interview. Everyone I've run an interview with has had much the same experience.
No way we'd wait 2-3 weeks, compare candidates based on our dodgy memories and determine the list at that stage.
good stuff, thank you for clarifying
PS - Re-reading your question, you may be asking whether or not the bank would communicate the ding to you. I'm not sure. We tell HR our lists, but HR have their own systems for communications. Most likely they hold off communications in case the business comes back to them after a few days with a changed mind - ie they keep the option value, even if that option value is low.
oh ok, I just received an email from hr saying that they are still interviewing people and they will get back soon with some feedback. The interview was with one guy looking to take someone on in his department for help, On a side I feel I totally nailed it and I have an internal referral.
Sounds like you'll be fine. Let us know how it goes. We'll appreciate it.
The fact that they gave you that much info is a really good sign.
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