Worried about delayed written offer

So I went through a couple rounds of phone, video and onsite interviews for a BB associate position (lateral) and received a verbal offer around Christmas when we discussed comp. I was told that it would take a couple days to get the written offer to sign but it has been almost a month. I understand that it was holiday seasons and key ppl are in/out of office but every time i followed up with HR, i was simply told to wait because it is still in pending status. Has anyone been in a similar situation? Should i be worried that the offer will be rescinded? The job id was delisted ever since i accepted the verbal offer. What could be some cause of the delay?

Any insight will be appreciated!

Comments (6)

Jan 28, 2019

Hey jumpingkangaroo, I swear if I had a silver banana for every lonely thread I posted too I'd be richer than @compbanker ...

  • Delayed written offer- any concern? could make an offer. After about a week of going through comp verification, the recruiter called and ... I verbally accepted. The recruiter told me it would be 24-48 hrs to receive a written offer and move forward ... prior experience with similarly-sized financial institutions, I've received written offers as soon ...
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  • Waiting on my written offer after verbal, worried mention that the day of the offer extension I was given details about compensation and start dates. ... succeed in the interview process. Right now I've been waiting on my official offer letter for nearly ... gatherings, etc....). I'm just worried as to what's taking so long. I emailed my hr/recruiter on ...
  • Time Between Verbal Offer and Written Offer? I received my formal offer, and about a week after not hearing back from the recruiter, I followed up with ... take any company 4+ weeks to extend a written offer after already extending a verbal offer to ... regards to when the transition will occur, salary, etc. I'm a worrying to much about this? I feel ...
  • Got an offer contingent on reference checks- worried about reference checks only have ok relationships with most of my previous bosses. What worries me most is that I also used ... I'm worried this will be brought up, and I feel like this could have fairly severe consequences. I did ... like the thing to do right now is leverage the offer quickly into other offers, just to set myself up ...
  • Exaggerated Bullet Points on my resume-Worried about reference check now Graduated Senior about to start FT at a MM later this Summer and getting a little worried about ... the upcoming background check. I'm specifically worried about the past work experience part ... worries me most is my offer letter says that a reference check will be performed on my past employment and ...
  • From BO to FO and back again, or, how I learned to stop worrying and love technology felt the way I did, or to at least help someone who is thinking about, but on the fence about, a career ... recruitment, prepared for interviews, and had multiple bulge bracket offers for incoming associate classes. ... Associate So I took one of the offers, and went to work as an incoming associate. To be honest, I never fit ...
  • More suggestions...

You're welcome.

Jan 31, 2019

Bump

Feb 1, 2019

Typical reasons for delays,

  • HR is slow & lazy and they're in no hurry to get your offer letter ready
  • Paperwork is in the pipeline. Many people need to approve your offer before it can be sent to you. People have been on vacation / OOO from late Dec-mid Jan. Your offer is slowly moving through the bank's bureaucracy and probably inefficient HR systems.
  • Senior managers who need to sign off on your offer are OOO / hard to reach

It's unlikely your position has been eliminated since they would let you know if that were the case (and if not, I wouldn't ever want to work at a firm which rescinds offers without notice)

    • 1
Feb 1, 2019

Thanks a lot for the reply. I agree with your points, fingers crossed

Feb 9, 2019

So I've been in this situation twice. One time I kept reaching out and it eventually faded without receiving anything. The other took about 2 month to receive a offer. Both were very frustrating and for lateral positions. I don't know what it is about that.

Mar 18, 2019
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