September 17th, 2007, 9:41 am
It is possible the HH fucked up.As speedball says, unless you vomit on the interviewer there is no reason not to try again if it is a different department.But sadly, your objectives and the HH diverge at this point.A lot depends upon the contract the HH has with the bank. A typical term is that the HH who put you in first "owns" your ass for 6 months after they put you in.At P&D we are not in the business of stopping people from getting jobs, and if we'd put you in to a different part of the bank, we'd be entirely happy to let you try elsewhere.(though sad at the same time).We are not unique in this, and I'd expect a decent HH to do the same.That includes, if necessary writing a note to the bank's HR saying we are not going to try and bill them for you.There may be a grey area of course. A common theme is for quant developers to be "in" IT, regardless of the actual business unit they work for. So in an extreme (but real) case going for a QD job in London Credit Derivs is the same as FX in NY.It is possible that the bank won't play along with this, not out of policy but because we observe that a couple of large IBs have atrociously bad IT systems that cannot cope with changes of HH for a candidate.There is a way round this, but not one I will put on a public message board It is also possible that the HH is just being dumb or naive, thinking that rejection from a bank is for life.The way forward is to decide which HH you want to do business with, and ask the one that you like less to let you go and use the other.If they don't cooperate then talk to HR at the bank, we can offer a little advice over PM on how exactly to phrase this, but the short version is that most HRs hate HHs who screw candidates around.