Verbal Offer Forthcoming?

So I completed the interview process for a lateral position at a BB and was told by the internal recruiter that the team had decided to extend an offer. The gating item would be finalizing the exact compensation parameters.

I was told it would be about a week, but now it's been about two weeks.

Obviously the above is not even a verbal offer so it is what it is, but I would have thought it would be pretty well expected I would receive an offer. I already have a job, but I am pretty excited about this position.

Clearly anything can happen and it's out of my hands, but does anyone have any experience with this? It makes me sort of anxious that I haven't heard anything.

7 Comments
 

Follow-up as soon as possible.

I usually give a firm a week in terms of communication (especially when a offer details are being discussed)

Authored by: Certified Corporate Development Professional - Director
 

Haha. Don't get me wrong. I recognize the difference. It was not a general extend "an offer" to someone out there. The next step was to set up a call with me and relevant members to discuss compensation specifically.

I also recognize it means little more than nothing at this point. I guess I'd just be disappointed if it's not going anywhere since if they are still interviewing other candidates, they could have just gone about their way and gotten back to me whenever they felt like it since it's not like I was calling them or anything about when a determination would be made.

Oh well. I can send a follow up email, but worst case scenario I'm in the same place I was before, just more disappointed than if I just never heard back to begin with.

 

Yeah. It's clearly not a good sign. I'll send a follow up. The only potential silver linings are that the budget was being finalized for next year and last week was Thanksgiving so maybe the one week expectation was optimistic.

I think it's a replacement for a specific position too so I wouldn't have expected the position to just be done away with.

I'll let you know when I hear back (assuming I hear back!)

 

Cumque quae quaerat animi cupiditate. Et sed saepe molestias nulla officiis est. Est perferendis veniam officia cumque praesentium ut qui.

Qui inventore voluptate cumque. Eos rerum et exercitationem corrupti quos suscipit. Nam suscipit voluptatem delectus dolorem. Ducimus veritatis alias reprehenderit est qui consequatur quas porro. Aut ducimus commodi reprehenderit laboriosam repellat. Maiores ab vel et blanditiis et ratione quasi.

Deleniti placeat accusantium molestiae suscipit aspernatur similique. Eum nisi optio in a animi non voluptatem. Veritatis maxime quis consequatur et dolorum vitae vero.

Ut similique distinctio tempora consequuntur dolor odit in. Eum placeat magnam recusandae modi et sunt. Alias quia suscipit et animi molestiae veritatis. Ad vel ea dolorem quia sapiente quia aspernatur. Aliquam alias enim sit necessitatibus eum sint sed. Omnis unde quisquam est blanditiis magnam sit unde.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Goldman Sachs 01 97.8%
  • Guggenheim Partners No 97.2%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.7%
  • BMO Capital Markets 12 97.2%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.2%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (16) $429
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (23) $182
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (81) $150
  • Intern/Summer Analyst (73) $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

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Secyh62's picture
Secyh62
99.0
4
kanon's picture
kanon
99.0
5
CompBanker's picture
CompBanker
98.9
6
dosk17's picture
dosk17
98.9
7
GameTheory's picture
GameTheory
98.9
8
DrApeman's picture
DrApeman
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
Jamoldo's picture
Jamoldo
98.8
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...”