Reply to: Investment bank gig delay

[Buzy]

Starting gig there as well

Hi heyya99, I am just starting a new gig at UBS as well in the following weeks, do you have any advise? I presume you got some experience about landing there already


Thanks.

[heyya99]

I start in my new gig soon. No banking experience. Do any of you know if there's anything I should do in preparation? I asked he agent what team I'll be on and he never found out for me. Or should I just wait and see?

[Bunk]

I have finally got clearance. Now I have the dilemma of moving or not.

Pros: finance experience, 100+ extra per day, good CV, god experience.
Cons: longer hours, current gig relaxed, uncertainty.

I'd go for the god experience every time. Can't beat living like a deity for a while.

[TheFaQQer]

Uncertainty can't be a con as it's common to both jobs surely?

Some jobs have an obvious level of uncertainty from the start, whereas others either have no uncertainty or a degree of uncertainty that creeps in over time. It's the difference between having certain uncertainty and uncertain uncertainty. Don't get me started on having uncertain certainty, which is a whole other level of complexity. Of that, I'm certain.

D. Rumsfeld

[NickNick]

I have finally got clearance. Now I have the dilemma of moving or not.

Pros: finance experience, 100+ extra per day, good CV, god experience.
Cons: longer hours, current gig relaxed, uncertainty.

Uncertainty can't be a con as it's common to both jobs surely?

[heyya99]

I have finally got clearance. Now I have the dilemma of moving or not.

Pros: finance experience, 100+ extra per day, good CV, god experience.
Cons: longer hours, current gig relaxed, uncertainty.

[eek]

It can happen. I once waited 4 weeks for DB to approve a contract. Fortunately it was during my move from permiedom so was working all that time

Only time I dealt with a bank and was interested was back in September 2001. Everything finished bar paperwork on September 9th (it was permie, lot of cash, for a US department, liaison between them and rest of world). September 15th got a phone call very sorry but....

[heyya99]

Agent rang on Friday asking was I still interested (yawn). He has no news but was going to chase the client that day. I said I've kind of gone off the idea because it looks like it could be December before I get the offer and he exclaimed 'haha, it won't be that long!'.

[JoJoGabor]

It can happen. I once waited 4 weeks for DB to approve a contract. Fortunately it was during my move from permiedom so was working all that time

[LondonManc]

Would the interviewer tell the agent and agent be peeved and end our association?

The agent will blow hot and cold depending upon what titbits they get from ClientCo.
If you believe that the agent are not being honest with you, go direct to see where you actually stand. The client may appreciate it or may not. It's a risk but it certainly wouldn't prevent you working with that agency again.

[BlasterBates]

It doesn't sound good, if this was just a bureacratic hiccup the agent would be ringing you up apologising and trying to keep you on board.

This sounds more like the disappearing "rabbit".

To be honest you can try contacting the client but don't be surprised if he doesn't reply or comes back with a very vague answer.

On a general note Investment banks are not what they used to be, no-one makes tons of money any more and they're always trying to cut your rate or replace you, you might be better off where you are.

If there was a purchase order raised, which there obviously isn't, the agent would be all over you.

[heyya99]

Not really. I've done it in the past. Just claim the agent was unavailable and you needed to sort out where you're at with this application because as much as you'd like to take their project on, you've got something else on the table that you most likely wouldn't serve notice on if you take it and don't want to be left with neither in a couple of weeks.

Would the interviewer tell the agent and agent be peeved and end our association?

[LondonManc]

I could contact the interviewer via Linked In but is that a bad move?

Not really. I've done it in the past. Just claim the agent was unavailable and you needed to sort out where you're at with this application because as much as you'd like to take their project on, you've got something else on the table that you most likely wouldn't serve notice on if you take it and don't want to be left with neither in a couple of weeks.

[heyya99]

I may be tempted to contact the client direct if I had contact details.

I could contact the interviewer via Linked In but is that a bad move?

[BrilloPad]

Its a Tom Jones. Not unusual.

But keep looking anyway.