Probably HR and your most recent interviewer (though I hate giving advice on this topic because it’s hard to say anything consistent, and different firms handle it differently).

Hi Brian,

To this point, who would it be best to disclose any of these compliance red flags to after receiving the offer? Would it be the MD, the staffer, or HR?

Thanks in advance.

I completed a SA role at a middle-market bank, did well and received a full-time offer starting in the upcoming summer of 2023. I am a senior in college, and recently was served a misdemeanor for an accidental event on campus which I am trying to get dismissed and expunged from my record. What can I do at this point so I don’t have any issues with my FT role? I went through a background check process prior to beginning the internship, will I have to do so again before I begin full-time? Should I disclose any of this information this early on? What would you advise?

Banks could potentially rescind offers for any reason, or for no reason at all. But as long as you listed the correct names, titles, and dates, they’re unlikely to do this just because a previous internship ended early or a manager there didn’t like you. It normally has to be more blatant lying or an actual legal issue.

I don’t think this will matter as long as you listed the correct dates on your resume. They mostly check employer names, position titles, and dates.

I recently accepted an IBD offer as a summer analyst at a BB for next year. However, on my resume I had an internship listed for 2 months and was terminated due to poor performance on my part (the internship was supposed to last 6 months). Do you think they will rescind my offer if they find out in the future from background/reference checks. I haven’t said anything about it since i don’t want to openly advertise about something I’m not proud of.

And I don’t want to suddenly just bring it up since I feel like that will draw attention.

All you can really do is explain the situation to the PE firm and then ask if you can provide references from a previous internship rather than your first job. But if they won’t accept that, then I think you probably have to look for another job at this stage. I don’t think you necessarily need to change to consulting; if you already have IB experience, you should be able to find a lateral role somewhere else, even if you can’t easily get references from your first job.

You cannot do anything other than hope they don’t notice or care. With the internship you left early, usually they just call to verify the dates. If you listed it as “Incoming” then the dates weren’t known in advance, so not sure how they could be seen as inconsistent.

Also recently got extended a PE offer from a place that wants references from the bank but all my potential references have been soiled.

Do you have any suggestions of how to work around references in this instance or would I have to change to consulting or something entirely different where they don’t do reference checks to start over? Little bit frustrated that this happened and curious about any thoughts you might have on this