I received an offer from EY in international tax. I’m planning on accepting the offer but I found out they are also auditors to the bank I have a credit card with. I have 0% apr debt of 12K with that bank. I could pay off the balance if I sell some stocks but wanted to wait. Since I’d be in tax as a senior associate, does that matter when they do the background check? Ultimately if I must pay it I will

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Assuming you’re below manager, you’re not considered a covered person unless you’re on the actual engagement team for that bank..

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Background check should not be impacted. Disclose it and you should get the info you need before doing anything. Generally, but you need to confirm what’s applicable to you, your role, your projects/clients, etc., keeping the balance under $10k may meet independence requirements.

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As a senior associate coming in probably doesn’t matter

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At KPMG you would be fine. If you’re going to accept anyways, I wouldn’t worry about it and would just figure it out when you get there

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It won’t affect the background check and generally you’re able to keep credit cards and certain other standard transactions with audit clients

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I’d be more concerned about the stocks you own

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Yea, EY goes over the top on stocks we're not allowed to own. More restrive than other firms and what regulators require in that regard.

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The reason to maybe pay it off is even if they let you keep it if you ever have a late payment that is a violation. If you have it auto paid from your bank acct 10 days before due date every month maybe you’d be ok but I wouldn’t want to worry about screwups.

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