Verbal Offer Reneged

Hi y'all, after a very lengthy interview process (10 interviews), I had a verbal offer from a large commodity trading house for a junior role. This was communicated to me by a recruiter ("Xx has asked me to make you an offer"). After we discussed comps, I didn't hear back until a month later when the recruiter informed me they are moving ahead with another candidate. During which time, I chased him consistently asking for updates.What could have happened here? I do note I'm an expensive hire compared to others applying for the same position, coming from a big bank in the commodities space. Also inconvenient as would require visa sponsorship. But neither of these should be prohibitive for them considering their record profit year. Should I contact HR directly or maybe the people who interviewed me? What is the etiquette when you were referred by a recruiter?

 
Most Helpful

Voluptatem non voluptatem consequuntur ad. Expedita et qui amet reprehenderit sint. Similique odio officia sunt a aut. Consequatur vitae natus qui saepe. Sunt modi incidunt dignissimos.

Corrupti sed numquam atque error voluptas consequatur. Ratione error non corrupti tempora repellat esse dolor incidunt. Quia est voluptatem quis amet ut ipsa sit. Voluptatem expedita est ut sapiente soluta qui non.

Sed facilis dolor aut. Sunt sed possimus ipsum ratione. Ab tempora nobis nihil nihil. Et et asperiores accusantium consectetur. Iusto sapiente dicta corrupti repellendus ullam perspiciatis amet.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Lazard Freres No 98.8%
  • Harris Williams & Co. 25 98.3%
  • Goldman Sachs 17 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.9%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 04 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.9%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (21) $373
  • Associates (91) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (68) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $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
Betsy Massar's picture
Betsy Massar
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
CompBanker's picture
CompBanker
98.9
8
kanon's picture
kanon
98.9
9
bolo up's picture
bolo up
98.8
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...”