Summer analyst background check/onboarding timeline

I accepted a SA 24 IB offer at a large NYC bank at the end of this past summer, but I haven't heard anything from HR about when the background check/onboarding process will take place. I know the background check is usually done by a 3rd party firm, but I have yet to get any sort of outreach from something like that. 

For people who have done an SA in IB recently, what does this process usually look like, and how long does it take? I looked through some older threads that described some horror stories about how long it took and the level of detail they required, but couldn't find anything recent. 

Also, on my resume for "experience", I had a few academic experiences listed, like an independent study seminar, research for academic credit, etc. that were all unpaid. Since I don't have any "employment" record from these, how do I need to go about showing that I actually did these experiences? Would things like email records work? Asking this since one of the professors I worked with left the university and I've had a hard time getting back in touch with them. 

 

Nothing to worry about as long as you didn't lie. For exact timelines, probably best to reach out to the specific firm.

In general, how deep the checks go depends on the verification provider too. Most times, they will ask for a contact to verify that you have worked there. If they are unable to contact the person, they'll normally ask for proof (Contract etc.). E-mail chains are normally not legitimate evidence, however, if you really aren't able to contact the professor involved, just submit the e-mail chain and they will probably call it a day there. (I was once in your shoes where I had to submit an email chain. Caused some confusion between me and the verification provider, but company couldn't be bothered with it lol)

 

Sorry if this is a dumb question, but what do you mean by a "signed verification letter"? 

 

essentially a letter from your previous manager or supervisor saying that you worked or interned for them between specific dates and what your role consisted of and on the bottom ask them to add their contact information should there be any questions

 
Most Helpful

Debitis quis odit omnis totam. Nemo doloremque impedit quia quia. Sunt harum sunt delectus beatae libero sed similique impedit. Accusamus voluptatum assumenda nihil repellat et praesentium illum.

Tempora cupiditate molestiae distinctio ut omnis. Delectus nemo ea aut quo quia ut. Omnis a aut beatae amet modi.

Minima accusamus placeat quis recusandae veritatis quis explicabo aut. Voluptatem nemo soluta omnis pariatur nisi eius harum. Ut eum est accusantium aliquam enim nobis quidem. Amet et totam nihil tempora.

Career Advancement Opportunities

June 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Perella Weinberg Partners New 98.9%
  • Lazard Freres 01 98.3%
  • Harris Williams & Co. 24 97.7%
  • Goldman Sachs 17 97.1%

Overall Employee Satisfaction

June 2024 Investment Banking

  • Harris Williams & Co. 19 99.4%
  • JPMorgan Chase 10 98.9%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 05 97.7%
  • Moelis & Company 01 97.1%

Professional Growth Opportunities

June 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.9%
  • Perella Weinberg Partners 18 98.3%
  • Goldman Sachs 16 97.7%
  • Moelis & Company 05 97.1%

Total Avg Compensation

June 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (22) $375
  • Associates (93) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (69) $168
  • 1st Year Analyst (206) $159
  • Intern/Summer Analyst (149) $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

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...”