Pre-employment checks

t0rt0ise

I had to do all that for a job on the London Underground. It never occurred to me to worry about it. They wanted proof that I hadn't worked between jobs when I said I hadn't. I wanted the job so went with it.

TELLIT01

The information required by the company will vary depending on the type of job, rather than the level, when working in the financial services sector.  She basically has two options - 1. Provide the information requested  or 2.  Keep looking, as she certainly won't get that job.  The potential employer holds all the cards at this stage.

DullGreyGuy

Charlotte_Ca said:

DE_612183 said:

Ok, so my daughter has been in Uni for 4 years, she's had some odd jobs during that time.

She's applied for a role which is fixed term in Financial Services ( quite junior ).

They are asking for copies of bank statements for specific periods to prove she was not employed, or on benefits.

I'm not happy about this as her bank statements show a lot of personal items which are not relevant, even if they are redacted there are lump sum payments from us her parents etc which we then may have to explain what they were about.

It's seems over-kill for what is quite a junior position, for someone who's just graduated.

Are all FS companies like this, my son applied for an insurance company and didn't have any of this.

Company are stating that it's "industry standard" but I don't see what they are trying to establish.

anyone got any help info ideas?

I've had a lot of jobs in big companies (not in the financial sector), but they never asked for bank statements. 

I have been asked bank statements for other reason e.g. renting room etc but what I used to is to keep only the first page of the statement that shows the date and only how much money went in and out and how much is left. Nobody ever said anything to me for providing only the first page and not the other pages that were showing all the purchases.

Maybe you could do the same as well? Just keep the first page.

As has been said before, bank statements are only required to cover gaps of more than 28 days in employment. One of the key reasons for this is to ensure that the applicant didnt have another job that they were sacked from etc which they have failed to declare... they are looking for signs of an unexplained salary coming in... not sure how just the coversheet of a bank statement achieves this @charlotte_ca ?