Take Bank Offer or Wait for Target Final Interview? - Decision Due Tomorrow!

A bank called with a job offer as credit risk analyst. Comp is not the best pay considering living expenses for a condo in the area. I'm in the Philippines so banking careers here don't make it rain as much as US (but still has good pay)

Then there's this Energy Company with an urgent financial analyst position. I like the job, company, and management. No definite comp but the salary range is DOUBLE the other company.

Passed 1st interview and on 2nd interview they said I did well on the financial model I created and presented for a live case. They said there's a final interview, more of a get-to-know personal interview, I'm awaiting sched.

Bank wants a final decision tom. Tues 3pm. I've already delayed it last Friday. I followed up the Energy Company on the final interview today but they'll still talk with the other interviewers for their free sched.

Should I call them tomorrow morning and be up front that I want to be in their company but there is a job offer?

I mentioned in to them in the 2nd presentation on the other job offer but I don't want to sound like I'm rushing an interview or whatnot. Between the two, the energy company is definitely a better bet for eventual IB target (IB career path is different here vs US). I want to find another job already so I worry that if I turn it down I might go back to zero again.

What would you do if you were in my shoes?

 

@wallstreetmusic Goldman Tech superday was a few weeks ago and I got the offer a few days after. Credit Suisse is for Singapore office, so all of the interviews have been and will be by phone. CS HR already told me they want to schedule the next round of interviews "right after new years."

 

Just get an answer from CS asap. People should be back tomorrow. You can tell them you have other offers that are pressuring your for a decision, if you need to. Most likely, people just weren't in the office last week.

 

Agreed but I just made it past first round. It'll take some time, even if telling them about the offer speeds things up. There is still second and third round to go. (Goldman wants an answer by close of business).

I was hoping y'all could give me some advice on how much I should divulge to Goldman to get extra time.

 

Ok, I didn't get that. You're going to have to figure out how much you want to roll the dice. You can ask them for more time, but they'll probably say no or give you a week or two. (you can just say something like, "I have opportunities in wildly different areas, so the choice is not just GS vs. another firm, but entirely different career paths, so I want to make sure I am considering all angles. Can I have some more time please?")

If this is for a summer position, I'd roll the dice with CS if you run out of time. If this is for full time, it's more difficult and your call. If you are sure you will not want to take the IT job, you can just tell them you are more interested in IBD and can ask if they hook you up with that dep't. Very risky though, as there is a good chance they won't and you could lose your current offer. But, if you don't care and are going to reject it anyway, then what do you have to lose? That doesn't sound like your state of mind though.

 

intra-industry reneging is generally looked down upon, although i think youre in a bit of a better situation since the firms are in different countries. honestly you most likely wouldnt have to worry about boutiques calling up asian BB offices letting them know about you reneging on an offer.

if you just have an offer, but have not actually signed anything or let them know that you would be accepting the offer, then there should be absolutely nothing to worry about. If you have formally accepted an offer, then there might be something to worry about, but if you haven't then you should be fine.

 

Inform him of your exploding offers via email, it's the only thing to do. Firms will generally push the accelerator on candidates who are already dealing with other offers. Worst comes to worst, you stay with the best boutique you can for the summer and stay in contact with the guy for later opportunities after you get the SA under your belt. Best case, the guy likes you a bit, pushes you through the process, you get the BB offer.

I am permanently behind on PMs, it's not personal.
 

ok...so what if I sign the offer from no-name boutique in US. and accept offer from a Big 4 TAS in Asia (I'm trying to get into the region fyi). How do I go about letting no-name know that I'm not goign to work over the summer? should I troll and say death in family or injury or soemthing? I'm not a good troll

 

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