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The Investment Banking Cover Letter Template You’ve Been Waiting For

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A long time ago I said that we would never post a cover letter template here :

“I was tempted to post a Word template, but I don’t want 5,000 daily visitors to copy it and to start using the same exact cover letter.”

But hey, we already have resume templates that everyone is using, so why not go a step further and give you a cover letter template as well?

Plus, “investment banking cover letter” is one of the top 10 search terms visitors use to find this site – so you must be looking for a template.

The Template & Tutorial

Let’s jump right in:

Investment Banking Cover Letter Template [Download]

Download Template – Word

Download Template – PDF

And here’s the video that explains everything:

(For more free training and financial modeling videos, subscribe to our YouTube channel .)

And if you’d rather read, here’s the text version:

Do Cover Letters Actually Matter?

At bulge bracket banks, people barely read cover letters.

Cover letters matter 10x less than resumes and 100x less than networking.

But there are a few special cases where they’re more important:

• Boutiques and Local Banks – Sometimes they actually read cover letters.
• Unusual Backgrounds – If you’re NOT in university or business school at the moment, you may need to explain yourself in more detail.
• Outside the US – In Europe, for example, some banks pay more attention to cover letters, online applications, and so on.

Similar to grades and test scores, a great cover letter won’t set you apart but a poor one will hurt you – so let’s find out how to avoid that.

Keep your cover letter compact and avoid 0.1″ margins and size 8 font.

With resumes you can get away with shrinking the font sizes and margins if you really need to fit in extra information, but this is questionable with cover letters.

Go for 0.75″ or 1″ margins and at least size 10 font.

With resumes there were a couple different templates depending on your level – but with cover letters that’s not necessary and you can use the same template no matter your background.

1 Page Only

Ok, maybe they do things differently in Australia (just like with resumes) but aside from that there is no reason to write a multi-page cover letter.

If you actually have enough experience to warrant multiple pages, do it on your resume instead and keep the cover letter brief.

Contact Information

List your own information – name, address, phone number, and email address – right-aligned up at the top.

Then, below that you list the date and the name and contact information for the person you’re writing to, left-aligned on the page.

If you don’t have this information you can just list the company name and address and use a “Dear Sir or Madam” greeting.

That’s not ideal – especially if you’re applying to smaller firms where cover letters actually get read – but it’s all you can do if you can’t find a person’s name.

If you’re sending the cover letter via email as the body of the email, you can omit all this information and just include the greeting at the top.

Paragraph 1: Introduction

This is where you explain who you are, where you’re currently working or studying, and how you found the bank that you’re applying to.

Name-drop as much as possible:

• Impressive-sounding university or business school ? Mention it. Even if it’s not well-known, you still need to mention it here.
• Your company name , especially if it’s recognizable, and the group you’re working in, especially if it’s something relevant to finance like business development.
• How you found them – specific peoples’ names , specific presentations or information sessions where you met them, and so on.
• The position you’re applying for (Analyst? Associate?) – especially for smaller places that are not well-organized.

This first paragraph is all about grabbing their attention.

Example 1st Paragraph:

“My name is John Smith and I am currently a 3rd year economics major at UCLA. I recently met Fred Jackson from the M&A group at Goldman Stanley during a presentation at our school last week, and was impressed with what I learned of your culture and recent deal flow. I am interested in pursuing an investment banking summer analyst position at your firm, and have enclosed my resume and background information below.”

Paragraph 2: Your Background

You go through your most relevant experience and how the skills you gained will make you a good banker right here.

Do not list all 12 internships or all 5 full-time jobs you’ve had – focus on the most relevant 1-2, once again name-dropping where appropriate (bulge bracket banks / large PE firms / Fortune 500 companies).

Highlight the usual skills that bankers want to see – teamwork, leadership, analytical ability, financial modeling and so on.

If you worked on a high-impact project / deal / client, you can point that out and list the results as well.

This may be your longest paragraph, but you still don’t want to write War and Peace – keep it to 3-4 sentences.

Example 2nd Paragraph:

“I have previously completed internships in accounting at PricewaterhouseCoopers and in wealth management at UBS. Through this experience working directly with clients, analyzing financial statements, and making investment recommendations, I have developed leadership and analytical skills and honed my knowledge of accounting and finance. I also had the opportunity to work with a $20M net-worth client at UBS and completely revamped his portfolio, resulting in a 20% return last year.”

Paragraph 3: Why You’re a Good Fit

Now you turn around and link your experience and skills to the position more directly and explain that leadership + quantitative skills + accounting/finance knowledge = success.

There is not much to this part – just copy the template and fill in the blanks.

Example 3rd Paragraph:

“Given my background in accounting and wealth management and my leadership and analytical skills, I am a particularly good fit for the investment banking summer analyst position at your firm. I am impressed by your track record of clients and transactions at Goldman Stanley and the significant responsibilities given to analysts, and I look forward to joining and contributing to your firm.”

Paragraph 4: Conclusion

This part’s even easier: remind them that your resume is enclosed (or attached if sent via email), thank them for their time, and give your contact information once again so they don’t have to scroll to the top to get it.

Example 4th Paragraph:

“A copy of my resume is enclosed for your reference. I would welcome an opportunity to discuss my qualifications with you and learn more about Goldman Stanley at your earliest convenience. I can be reached at 310-555-1234 or via email at [email protected]. Thank you very much for your time and consideration.”

Unusual Backgrounds

These examples cover how to apply to a bank if you’re in university, business school, or you’ve been working for several years.

If you have a more unusual background (e.g. you went to med school, graduated, started your residency, but then decided you wanted to be an investment banker), then you might need to add a few sentences to paragraph #2 or #3 explaining yourself.

Resist the urge to write your life story because no one will read it – interviews are a much better venue to prove how committed you are.

Email vs. Attachments

If you’re emailing your cover letter and resume, do you create a separate cover letter attachment?

Or do you make the body of your email the cover letter?

I think it’s redundant to create a separate cover letter and attach it, so don’t bother unless they ask specifically for a separate cover letter.

If you’re making the body of your email the cover letter, make it even shorter (4-5 sentences total) and cut out the address bits at the top.

Optional Cover Letters?

If you’re applying online and it says “Optional Cover Letter” should you still upload one?

You might as well because it takes 2 minutes once you have a good template – it’s not the end of the world if you don’t include one, but you never know what everyone else is doing and it’s not terribly time-consuming.

Cover Letter Mistakes

Remember the role of cover letters: great ones don’t help much, but poor ones get you dinged.

The biggest mistakes with cover letters:

• Making outrageous claims (“I’m a math genius!”) or trying to be “creative” with colors, pictures, fonts, and so on.
• Going on for too long – 10 paragraphs or multiple pages.
• Listing irrelevant information like your favorite ice cream, your favorite quotes from Wall Street or Boiler Room , and so on.

If you think this sounds ridiculous, remember the golden rule: do not overestimate the competition .

For every person reading this site, there are dozens more asking, “What it’s like to be an investment banker?” at information sessions.

Sometimes you hear stories of people who write “impassioned” cover letters, win the attention of a boutique, and get in like that …

…And I’m sure that happens, but you do not want to do that at large banks.

If you do, your cover letter will be forwarded to the entire world and your “career” will be destroyed in 5 minutes .

More Examples

As with resumes, there are hardly any good examples of investment banking cover letters online.

Most of the templates are horribly formatted and are more appropriate for equities in Dallas than real investment banking.

Here’s a slightly different but also good templates you could use:

• Best Cover Letters – MBA Template

More questions? Ask away.

Still Need More Help?

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When we’re done, your resume will grab bankers by the lapels and not let them go until they’ve given you an interview.

Specifically, here’s what you’ll get:

• Detailed, line-by-line editing of your resume/CV – Everything that needs to be changed will be changed. No detail is ignored.
• Your experience will be “bankified” regardless of whether you’ve been a student, a researcher, a marketer, a financier, a lawyer, an accountant, or anything else.
• Optimal structuring – You’ll learn where everything from Education to Work Experience to Activities should go. Regional badminton champion? Stamp collector? You’ll find out where those should go, too.
• The 3-point structure to use for all your “Work Experience” entries: simple, but highly effective at getting the attention of bankers.
• How to spin non-finance experience into sounding like you’ve been investing your own portfolio since age 12.
• How to make business-related experience, such as consulting, law, and accounting, sounds like “deal work.”
• How to avoid the fatal resume mistake that gets you automatically rejected . Nothing hurts more than making a simple oversight that gets you an immediate “ding”.
• We only work with a limited number of clients each month. In fact, we purposely turn down potential clients in cases where we cannot add much value. We prefer quality over quantity, and we always want to ensure that we can work well together first.

FIND OUT MORE

Other Options for Personalized Help: Wall Street Mastermind

Finally, if you want to go  beyond your cover letter and also get help with your resume, work experience, networking, and interview prep, check out Wall Street Mastermind .

They’ve worked with over 1,000 students to help them secure high-paying investment banking jobs out of school (and internships while in school), and their coaches include a former Global Head of Recruiting at three different large banks.

They provide personalized, hands-on guidance through the entire networking and interview process – and they have a great track record of results for their clients.

It could be a great fit for you if you’re looking for comprehensive coaching through the entire process rather than just a new version of your resume or cover letter.

You can book a free consultation with them to learn more .

About the Author

Brian DeChesare is the Founder of Mergers & Inquisitions and Breaking Into Wall Street . In his spare time, he enjoys lifting weights, running, traveling, obsessively watching TV shows, and defeating Sauron.

Free Exclusive Report: 57-page guide with the action plan you need to break into investment banking - how to tell your story, network, craft a winning resume, and dominate your interviews

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279 thoughts on “ The Investment Banking Cover Letter Template You’ve Been Waiting For ”

I love how hand downs and direct this page is. Trying to break into IB come from a (semi-)target school but very bad GPA, love how you are always motivating, but realistic. Keep it up!

I am a sophomore and have a low gpa (2.5) should I include this on my cover letter? how do I stand out and not get dinged, low gpa because had to work full time freshman year because my dad lost his job, and my family had health issues. Am an only child.

All you can really do about a low GPA is network extensively so that people who know you can recommend you, and so you can avoid being filtered out by screening tools. See: https://mergersandinquisitions.com/low-gpa-investment-banking/

Maybe include a brief mention of why your GPA is lower in your cover letter, but focus on how you’ve improved since your first year (mention the higher GPA since then).

Thanks for the write up!

If i am writing my cover letter in the body of the email, Do i write the name of the recipient instead of dear Madam ?

I like it not bad

Hey Brian – thanks for this article. Quick question: is there a certain point in your career (in my case, I’m an associate) when you can stop with the cover letters even if they give you the option?

Cover letters are pretty much always optional unless they ask for one.

I was wondering for your template, you gave a solid and formal introduction. I also see other career advice sites that recommend making the cover letter “memorable” and straying away from the cookie cutter method with more flashy intros. As an example just from another online source: When I was seven, I wanted to be the GEICO gecko when I grew up. I eventually realized that wasn’t an option, but you can imagine my excitement when I came across the events manager position, which would have me working side by side with my favorite company mascot. So what’s your opinion on this? I’m sure it’s different for every field, so would you say the average investment banker appreciates something like this, or would it just make them roll their eyes and make you seem too keen/tryhard.

Same Andrew again…

Sorry I should’ve watched your video fully before asking. But you mentioned to not get too fancy with fonts, photos, etc. But would the bit of personal information outside the cookie cutter approach separate you in the slightest? To me, cover letters sound like they have the same purpose as GPA. A 4.0 (good but generic cover letter) won’t give you any advantages, but a 2.5 (poorly done letter) will eliminate you from the application process.

Yes, cover letters are basically used to weed out people, not to select them. You can include some personal information such as an interesting student group, study abroad, or experience that led you to IB, but don’t go overboard with trying to appear “interesting.” Save that for actual networking and interviews.

If you are applying to traditional “high finance” roles such as investment banking, private equity, etc., you should not do anything creative with your cover letter. It will only backfire. Firms either do not read cover letters, or if they do, they simply look at them to make sure you didn’t do something silly or inappropriate. You’re taking a very big risk by writing a “creative” cover letter, and one that has very little upside with tons of downside.

For online applications that request your resume, but do not specify whether a cover letter should be included, should I submit a cover letter? Also since you can only submit one document in these cases, should you compile resume and cover letter into one document?

Thanks so much.

If they just request your resume, just include your resume. I would not even bother with a cover letter or combining them into one document.

Do we have to leave

“Enclosure: Resume”

At the bottom of the Cover Letter? Many thanks

*In Online Application where they ask you to attach your CV and Cover Letter – if that makes any difference

Brina, many thanks for the quick answer. Just a last question:

Shall we sign between sincerely and our name or under our name?Both options are good?

Alternative A:

(Signature)

Alternative B:

The first one is slightly better.

I just wanted to thank you for not only this Cover Letter template but also your Resume template. I have used both and I have received great feedback from interviewers and getting my foot in the door for asset management.

Thanks! Glad to hear it. Good luck!

This question targets the paragraph listing relevant experiences & skills gained through it.

As a University Student with some corporate finance and consulting experience but nothing directly related to investment banking, do you think it would be relevant to list explain skills gained during university classes (e.g. a term project that simulated the entire M&A process based on a real life deal) that involved valuation, simulated investor calls, etc. Or do you believe sticking to actual work experience would be best suited.

Thanks a lot for all the content you post.

Stick to your work experience if you have actual CF and consulting internships. Maybe add a line or brief phrase within a line that mentions your learnings from university classes as well.

I live in the UK and I’ve been told cover letters carry a lot of weighting in the initial application process. I have written a cover letter which is 8 paragraphs but it’s still 1 page. Do you think this would be ok or should I take some stuff out? Thanks in advance, great website you have.

By the way, it’s still size 10 font but I had to reduce the line spacing between the paragraphs to fit it all in.

Cover letters only matter in the “negative” sense, i.e. if you write something stupid or have typos, you could lose an offer or interview opportunity. Your cover letter should be as short as possible, so 8 paragraphs is too long, especially if you had to reduce the font size to 10, which is too small. So, be more concise and realize that bankers glance at hundreds/thousands of these letters each recruiting season…

How do one relate a tax internship experience which I acquired In an accounting consulting firm to an investment banking internship I hope to start with with BofA

Talk about how your tax findings/work affected the big picture… did they potentially change the company’s valuation? What was the impact on the company’s financial statements? Did anything you did result in changes to the internal controls at the company? Did you do any tax work related to M&A or equity/debt deals?

Hi Brian, I have read that the header of a cover letter should match your resume. Is there a reason the header from the M&I resume template was not included in this cover letter template?

??? I think it would be very odd if your cover letter started with your name in a bigger font size at the top… so, no if that is what you are asking about. A cover letter should start with the normal heading of a letter. Your resume is different because it’s intended to present the key points in bullet/highlight format.

I agree. Thanks.

I’m applying online to banks in the EMEA area and most banks ask for my motivation – they don’t require a cover letter. Could I still use this template? or wouldn’t it make any sense to use this template?

If its the case that this template would not be useful, do you have any tips on what to focus on in such a motivation letter?

I think this template is too long for a simple question about your motivation. Your motivation should basically be the last part of your “story” – assuming 150 words for a competency question and a 300-word story. See:

https://mergersandinquisitions.com/walk-me-through-your-resume/

How do you travel like a dug dealer? haha…You are funny. Great info. Thanks a lot. I’m trying to break the front door at Piper Jaffray so I can put my little two feet inside that door.

hey, i am actually studying law in France but i wanted to go on trading/investment banking/hedge fund area. What would you suggest me ? Which arguments should I point out ?

Thanks a lot !

??? I’m not sure I understand your question.

The links for Workbloom – Investment Banking Intern Template and Vanderbilt – Cover Letter Template are not valid anymore. Is it possible to fix that? Thank you very much!

Sincerely, Frank

We don’t have alternate links, sorry. But the template there wasn’t much different anyway.

Hi Brian, I had a question in mind. I have been working with a Big four Audit firm in India for the past 10 months now, and have a Bachelors in Commerce degree from a non-target University here. The role here is Back-end, as in we do not have client interaction, and rather coordinate with the US/EMEA teams – which deal with the clients directly – for the work. Recently, I got a call from GS for an Analyst position under the Data Resource Group for its IB Division in India. How do you suggest I pitch my auditing experience to get an offer for this position? Also, considering the work I do here is back-end and basically, formatting files around and punching in numbers! Thanks in advance for your help!

I would just point out how your audit work led directly to results with clients and how you were a part of the client-interaction process, even if you didn’t speak with them directly. As a result, you have a good understanding of what they’re looking for and how to get them results most efficiently.

Thanks for the template. Is it correct to include in the cover letter an entreprise which I am auditing or not?

Sure, you could, but you have to be able to tie that to whatever role(s) you’re applying for.

Hi there, thanks for the cover letter template you provided. It’s a great help. Just wondering does the same template work for UK application? As you mentioned they tend to pay attention to cover letters.

Yes this template works for UK applications.

Thank you for sharing your blog, it helped a lot cos I am also having a hard time in writing a cover letter and I suck! Hope you can help more. Keep it up!

Thank you for sharing the template and guide! I am a recent college grad and just started working in an economic consulting firm (last month). I want to make the career transfer to IB and I am trying my best networking everywhere. I am applying for an IB analyst position and editing my cover letter. Should I still mention in the cover letter my leadership roles in college or it does not matter much?

Many thanks!

You can mention them briefly, but you should focus on your current role.

Thanks for the template! After working as an ER associate for 2 years in my hometown, I am moving from North America to Europe in the next few weeks. Should I mention in my cover letter something to the effect of “After visiting [country] several times over the past few years, I applied for and received my Work Visa” or will the recruiter assume I have a visa and do not require sponsorship? I just do not want to be passed over if they are assuming I will be a headache for them!

Furthermore, I am also hoping to move from ER to corporate. Besides tailoring the letter to reflect skills mentioned in the posting, are there any other changes that need to be made when moving out of capmarkets?

Thank you for your time!

Sure you can include this. Yes, I’d talk about why you want to move from ER to corporate and talk about why you prefer corporate over ER (perhaps you prefer the type of work in corporate better and you see yourself in a corporate vs. in a bank) and you want to move over to XX industry [the industry the corporate you’re applying for is in] given XX reason [ideally you’ve covered that industry in ER before]

Thank you Nicole. Should I be putting this explanation in paragraph 2? Or later on in the letter?

I’d probably list this later in the letter.

Hi, I’m studying in the US and applying to summer IBD internship in 3 different locations (New York, London, HK), so who should I address to in my cover letter since there is only one cover letter for three different recruiters? Thanks!

I’d say Dear Sir/Madam or To Whom It May Concern

when you express abbreviations, let’s say M&A, how do you put it in a cover letter? i.e., (“M&A”) or (M&A) without punctuations mark?

M&A is fine I believe

Hi! You mentioned that putting the name of the recruiter is always better than just a “Dear Sir/Madam”. When applying in London, do you think it is appropriate to address the cover letter to a recruiter I haven’t personally met that I just found his name via an internet search, specifically from Linkedin. Also, there are dozens recruiters for the same company on Linkedin, should I still address the letter to a specific person? What about if it is the director of HR? Should I address it to him/her directly?

Yes, I’d address the email to Director of HR. If you don’t know the person’s name, I’d say “To Whom It May Concern” or “Dear Sir/Madam”

Hey, I have a question concerning applying for an internship at G&S in Europe. Instead of a cover letter they want you to submit a motivational statement with 300 words when applying, which is according to them similar to the cover letter. But I am a bit unsure that I express my motivation for applying for an investment banking postion with this cover letter because it focuses more on previous internships. Should I outline my internships and then explain that I want to pursue an career in IB because of them? and should I mention my extra curriculare activities which involve leadership experience and exotic interests?

I’d briefly touch on your previous experience and focus on why IB, and why GS. If the previous experience can serve as your IB spark, use them. So yes you can mention that you want to pursue a career in IB because of your previous internships, but don’t dive too deep given word limit and you can address that in interviews. No, the latter part should be demonstrated on your resume, unless you have space in the statement

What should you do in [Signature]?

I’m not sure I understand your question. I’d just insert your signature there.

Upload an image of your handwritten signature?

Yes you can do that. Copy and paste it below “Yours sincerely/Best Regards”

I resigned from my previous role in April this year as we were planning a family move to another country However, it did not materialize due to some unexpected changes and I have to start looking for a job again. This has left an employment gap of about 3 months in my resume. During this period, I have taken the BIWS course to enhance my knowledge. Shall I mention my current status and address that in my cover letter? or leave it out and talk about it when asked during interview?

Xavier, you can list that on your resume and cover letter. You may also want to talk about other activities you’ve done during those 3 months.

I am a first year associate working at a boutique bank on the trading floor and trying to switch into equity research/banking side. How is the cover letter different from the cover letter template above. Do I need to specifically state why I am switching?

Yes you need to address why you’re switching

Do you have any suggestions as to how I can gracefully address this? The reason why I am switching is because I don’t feel like I am learning much out of my positions – not being given much responsibilities, etc…

I’d focus on the positives on why you prefer the other division versus your current one; not what you’re lacking.

Hi, I am wondering when introducing my skill sets and experience in the second paragraph of the cover letter, is it appropriate to use bullet points? e.g. my key skills/experience include: bullet point: A bullet point: B

Yes you can do that, though a lot of times we find that its best to follow our template, unless you’re a very experienced candidate

I worked at a boutique investment bank for an internship and I was wondering how I may explain my low gpa on my cover letter. I would focus on my strengths and what I learned from the position but sooner or later the question of gpa will be addressed either during an interview or sent through email. How would I approach this?

This may come up in interviews and I’d address it then. I am not sure why you had a low GPA. If you had family/personal reasons you can list that. Otherwise if you were taking more advanced courses because you were too ambitious and got a lower GPA as a result of that you can list that too.

I’m applying to various finance and IB positions and my documents will be seen as a package sent through my school. I created my resume in a very similar format to the template on your website, only using .5″ margins. I have the same header layout (with name and personal info) on both my resume and cover letter. My question is regarding holding these .5″ margins on both of my documents to keep a consistent look. I’m just curious as to whether this would be a good or bad idea, or as to whether you think it would even matter.

I haven’t seen the format of your resume so I am not 100% sure. 0.5 margins maybe a bit crowded but depending on your content it can be doable. If you have lots of solid content, yes this is applicable. Otherwise, I’d shorten your content and go for the standard margins

Hey, this template isn’t just for investment banking right, it can be used for targeting internships in accounting as well? Same with the resume template?

If you change the paragraph from why IB to why accounting, you can use this template. The resume template is tailored to IB though you can use it for Accounting roles too

I graduated from a top school 1.5 years ago, but unfortunately ended up at a not so impressive bank. What’s the best way to name drop the school in the cover letter? Thanks.

First paragraph – you can just say that you are working at XX bank and have recently graduated from XX school

I am applying to three different divisions in the same investment bank that are different in nature (2 back office and one front) and there is only one cover letter for all three that asks you to describe your motivation for each. Since they are different positions, how do I go about this?

I’d be generic and focus on why finance and how you can make an impact to the firm

How about adding the recommendations from the previous job? Is it worth? Should we add it even if they do not menton about that?

You can provide recommendations upon request

Hi, I am wondering whether I need to include a signature in my cover letter for online application. If so, should I just insert it in the pdf document or scan a paper copy of the cover letter? Thanks!

Yes you can include it. Both works.

Yo’re welcome.

Just a follow-up question: I am applying for summer analyst position at CS, and they only allow one application per applicant. Should I use the same cover letter during campus recruiting (addressed to an alumnus) for my online application? Since I am applying to CS HK as well, I am wondering whether I should use a slightly different cover letter.

Sure I think this shouldn’t be a problem. Yes the HK one should be slightly different – i.e. why HK, why Chinese market

Dear M&I staff,

I’m a master student in Europe. I’m currently attending a Master of Science in Finance after completing a bachelor in business administration. Do you have any specific suggestion about my first paragraph? Also, if I can’t find the name of the recruiter, how can I start the letter? I was thinking about expressions such as “To whom it may concern…”; does this work?

Thanks in advance

Yes it does, or Dear Sir/Madam.

First paragraph – I’d follow the template on the post

Dear Sir or Madam,

My name is [Insert Name] and I am currently pursuing a Master of Science in Finance at [Insert University Name] where I have also been awarded a Bachelor of Science with honors. How would this sound?

Sounds good, though I’d probably just use My name is [Insert Name] and I am currently pursuing a Master of Science in Finance at [Insert University].

Hey Brian/Nicole, Thank you guys so much for this website. I spend days on it reading your articles! lol I’m just wondering when I do the name-dropping on the cover letter, is it alright to put the company names in bold? or is that too much? What do you guys think?

Thank you for your kind comment. You should credit Brian for his hard work! I don’t think its necessary to bold company names. I think its probably better to leave it “unbolded.”

i a lil older i was originally an engineering major, left school (didnt graduate), started working as a stock broker, then mortgage broker, and then more sales background. I then re entered school and graduated with a degree with finance, gpa not so high bc of past screw ups, but now looking to break into finance. I love finance, and cant figure out how to convey that in a cover letter. can you help?

Focus on the impact you’ve made in your previous roles. Then say while you’ve enjoyed and learn a lot from your previous experience, you realize [Talk about your IB spark here], and that you realize you wanted to pursue IB because [XYZ]. Then say that you’re confident that your [XX] skills can be an invaluable asset to the firm (something around those lines)

If I’m applying for a job based on an online job posting (LinkedIn / other job board), then in my 1st paragraph, ho would you address the section about how you learnt about the job / company ?

(I find it awkward to say that “I recently learnt about your company through your online ad on abc.com”)

ThankX Guys!

I recently learned about your company from [a contact/an event/an online job posting] and was impressed with what I learned of [List what you’re impressed with here]

Hey Nicole,

Thanks for your reply.

I’m finding it awkward to write “I learnt about your company from an online job posting” bcoz I feel it sounds like I did not know them before seeing the posting (which, in turn, sounds insulting for the company).

Instead, can I just say “I recently found out about the XYZ position at ABC Capital & want to apply for this position”?

Sure, this sounds good. No, this isn’t insulting – this is why companies post on job postings! It is best if you have already spoken to people at the company and use that as an intro. line.

please i am an undergraduate in my final year with just one internship experience and one teaching experience, that was before i gained admission. i want to know if it is appropriate to include my date of birth and list of referees; i will also like to know the maximum length of resume ideal for some one in my category. Thanks.

Please see https://mergersandinquisitions.com/free-investment-banking-resume-template/

No, I don’t think you need to include your DOB and list of referees. Maximum length of your resume would be 1 page.

Hi Brian, thanks so much for creating this awesome website.

I’m a year one student in a non-target uni in HK who’s interested in IBD. My first semester GPA wasn’t stellar because I had a hard time balancing family issues and adapting to a new country.

I’m currently applying for several pre-internship programs, and am afraid my less-than-3 GPA will cause my immediate disqualification. What can I do?

I’ve had several leadership positions in high school, am great at networking/socializing, and speak a few languages. But my first semester GPA is lackluster. Please advice, should I explain in my cover letter?

Best Regards, Sara

Yes, your GPA is likely to be alarming to interviewers. Sure, you can explain the above on your cover letter, though I would focus on your strengths and what you have achieved first. You want to draw people to your strengths. I’d also try as hard as you can to boost your GPA next semester and craft a very good explanation when you land interviews.

Hey there M&I,

Firstly, I’d just like to thank you for this template – it truly is priceless.

I’m from Melbourne, Australia and I’d like to break into Investment Banking for a long-term career.

I’m starting a Bachelor of Commerce degree at The University of Melbourne and I was thinking of double majoring in Accounting and Finance.

I feel as though this will put me in a good position for Investment Banking and will also provide me with a few alternatives should I be unable to make it to Investment Banking or decide that it’s not for me.

Sorry about the long-winded explanation, I guess what I want to know is whether or not the double major sequence I have suggested is desirable in Investment Banking or there is a better sequence you could suggest to me.

Also, what do you have to say about people getting summer internships after first year? I haven’t heard of anyone doing this before, but have you? How should I go about trying to increase my chances?

Thanks very much!

Thanks. Yes, that sequence is fine but I don’t know if it would give you an advantage. From what I understand about Australia, I believe most people who get into banking there actually have dual Commerce and Law degrees.

Summer internships after year 1: very tough. You’d have to aim for small local firms. And probably not common in Australia.

I’m applying to a Private Equity internship and I completed the BIWS fundamental and advanced modeling courses. Should I talk about this in my cover letter? Right now I just have a general statement about it and that I worked on some case studies.I was wondering whether I should go more in depth and mention a specific case? Leave it as a general statement? Or take it out completely

Yes, definitely mention the specific case studies as that makes it sound much better than just saying you completed the courses.

Document for listing them on your resume (you may be able to apply parts of this):

http://biws-support.s3.amazonaws.com/BIWS-Courses-Resume-Instructions.docx

Thanks Brian,

I took your advice and mentioned specific case studies.

One other thing, currently in the second paragraph of my cover letter I talk a lot about my internship experience, but this internship doesn’t have to do with IB, its accounting and sales for a hotel. I did spin it in away that says that I picked up skills from this internship that I can apply to IB, PE, etc. Should I focus less about this and more on the BIWS courses, and projects in school I worked on since it doesn’t directly relate?

I would probably do an even split in that case.

I found this guide and template very useful. I was wondering, though, if I were to apply online to bb investment banks that didn’t make any meeting at my university and require a cover letter, what should I write in: “I was recently introduced to your firm via [Friend / Contact at Firm / Presentation] and was impressed with what I learned of [Your Culture / Working Environment / Bank-Specific Info.].”

I know about these banks just because of their fame, so should I just skip this part?

Sure though having this line may be more convincing.

I am now applying to Société Générale M&A summer internship in Power, Utilities and Infrastructure department. I tried to find some alumni working there. I could manage to find one via linkedin; however, i cannot contact him because he sets a permission. I wonder what should i write on cover letter if i can’t find a contact in SG?

Dear Sir or Madam / [Name of Recruiter if you have it]

Dear Nicole,

I feel sorry not to explain it clearly.

Quoted from the IB template: ” I was recently introduced to your firm via [Friend / Contact at Firm / Presentation] and was impressed with what I learned of [Your Culture / Working Environment / Bank-Specific Info.] ”

I searched SG career website but they mention the work environment and culture very vague. I tried to find an alumni working there; however,the alumni office hasn’t replied me yet.Even worse, SG hasn’t held any campaign event at our uni. At present moment,I can’t manage to get a contact at firm. I did search they have an aggressive expansion plan for the department 2 years ago. Should I mention this instead?

Much thanks

It would help if you have spoken to a contact who is working/worked there or attending one of their info sessions. Otherwise, yes it may be useful to mention of their department’s aggressive expansion plan.

Hi! What if I have not attended any presentation and I do not know nobody that work in a specific bank? Can I still apply online? I am applying to investment banks in London and I know that they recruit using the online application process.

Yes you can still apply online.

Hi Nicole/Brian,

Adding to what Paolo has mentioned, what about the cover letter? Since we do not know anybody that work in that specific bank (nor attend any presentations), who do we address the cover letter to? (Or is it better not to submit one if the cover letter is optional?)

Secondly, is it alright to say that we found out about the job/vacancy by browsing through their website?

Again, thanks for your continuous kind support.

Regards, Rifki

Quoting from the article:

“If you don’t have this information you can just list the company name and address and use a ‘Dear Sir or Madam” greeting.’ ”

If it’s optional, I wouldn’t even bother submitting it especially if you don’t know anyone there. Yes saying you saw it through a website is OK.

Thanks Brian!

I’ve just graduated in Finance and Accounting but wasn’t able to get summer internships in my 2nd year. What else can I write in section 2+3? I’ve got work experience in wholesale, an accounting firm and an insight day at a Merrill Lynch which were just before I started uni, i.e. 2009 can I still use these in this section or would it look bad since they are old?

I’ve taken part in many trading simulation games in teams etc which show all the skills you have mentioned in the paragraph, would it be acceptable to use this as an example even though it was a simulation?

They wouldn’t look bad but not exactly current. Ideal if you have recent experiences to list. Otherwise you can list them

Yes – show the returns you generated

Thanks for the useful resources.

Last year, I hadn’t as much insight and experience with IB (I was coming from law and bearely started to study a MSc-Finance in a good school). I still got two interviews with a nice boutique and a bb. I got reject at the final round.

This year I’m applying again (I’m currently doing an off cycle M&A internship)

1. Shall I mention I applied last year, and why I like the firm so much? or shall I just make a regular cover letter and avoid to mention I applied a year ago?

2. How many interviews should I go through to secure an offer, or what is the average? I’d like to know whether I am doing something bad or just if it is because you need to go through several interviews to finally get something?

3. What would shall I do with the current market if I secure another off cycle internship or a full time M&A position in a leading law firm? (I prefer finance than law, but I m getting old and need to start working as oppose to “intern”)

Sorry for this long thread, thanks for your help.

1. you can mention it if you want though I don’t think its necessary 2. hard to say – depends on you. people generally go through more than several rounds of interviews to land an offer 3. network a lot

Last year, I hadn’t as much insight and experience in IB profiles (I am coming from law and bearely started to study a MSc-Finance in a good school). I still got two interviews with a nice boutique and a bb. I got reject at the final round.

— Shall I mention I applied last year, and why I like the firm so much

Hi, I have an upcoming interview with a bulge bracket bank in Capital Markets. I submitted my resume about 1 month ago and got selected recently. My resume was updated recently and is much much more in depth than before. Should I reach out to the recruiters and ask if I can have them replace the resume on the website with my new one? Or would this be frowned upon? Thanks!

Yes, please do that!

Thank you for your tips, they are great!I have two questions:

1. All templates I find are about experienced people. If you are a person with no experience (or with a very short experience in a different area), how can you turn this fact around and convince someone to hire you? Should you really emphasize your academic background?

2. I started a PhD but early on I realized that it was not the right fit for me. How and where should I mention this? Should I explain why? I am afraid that no one will be considering me for a job position because I am quitting the PhD…

Thank you so much!

1. There are templates for inexperienced hires – pls look for the one for undergraduates. If you have NO work experience at all, I’d suggest you to emphasize your academic background and extracurricular activities. 2. Explain this on your cover letter & interviews. No, it shouldn’t be a problem if you know how to spin your story. Most jobs don’t require a PhD these days anyway.

Hi, Thank you very much for uploading the template.

But what if I don’t have background info or experiences specific to the investment banking industry even though I have banking experience in a different field such as Loan Officer? Will that matter?

I will be considered as a fresher in that case how can I convince anybody about changing my profession to investment banker or wealth management analyst from this profession?

And can you also please help me with a sample C.V for freshers in Invest and Wealth Management.

I do have an MBA in finance.

You’ll have to figure out why IB and pitch your story well.

You can use the same template for Wealth Management – just focus on your research and investment experience

I’m planning to use this short cover letter as my email body. My question : “Should I opt for a longer version with more elaborate details?”

— Dear Sir/ Madam [or the recruiter’s name],

I would like to express my interest in a position as [position] for [company].

As you may perceive from my summary, I’ve been leveraging my consulting and technical skills from my previous career as an IT Consultant to break into the finance industry. Thus, I’m adapt at translating clients’ problems into a satisfying, concrete solution. I also possess good leadership skill and can work well with others. [ + other skills the company valued / demanded for this specific job]

I would love to expand my career with your company, and am confident that I would be a beneficial addition to your company. I have enclosed my resume and I would welcome a personal interview at your earliest convenience.

[Name and contact address] —

Any input would be greatly appreciated. Thanks

I’d keep your email short, sweet and succinct. Anything longer than that is too much.

Hello, my question is regarding the introduction —

“Paragraph 1: Introduction This is where you explain who you are, where you’re currently working or studying, and how you found the bank that you’re applying to.”

I have nearly 2 years of consulting experience, but have recently been laid off. Since I’m no longer working or studying, how would I approach this as far as introduction?

Just introduce yourself and tell interviewer you’ve been laid off due to the lackluster economy – they should understand. Tell them what you’ve been doing with your free time i.e. traveling, studying, picking up a new hobby, etc. As long as you sound like you are doing something productive/interesting with your life, you should be fine

Errors – If there are minor typos that most people don’t see at a glance, are you in the clear? I’m not sure if people read cover letters that closely especially during OCR when hundreds of people apply at the same time from one school.

It depends on whether your reviewer is attentive to details or not!

I don’t exactly have a stellar GPA, so I was wondering if the cover letter is where I would explain myself? Or is it better to just not mention it? Thanks! And love this website!

It depends why you don’t have a stellar GPA – if you have a legit reason i.e. you had sick parents you needed to take care of etc I think it would help

Thanks for the article. I just had a quick question. I was originally interested in marketing and completed two internships my freshman year undergraduate (currently a junior applying for summer analyst positions). Since then I have had several research internships. Would it be a good idea what lead my decision to go from marketing to banking in my cover letter?

Any input would be awesome. Thanks!

Yes I would explain why you changed your mind in your cover letter and point to a specific person/incident

I am studying at a “frontier market” university and am currently an exchange student at a highly ranked (Top 100) universities.

Should I use an exchange studies university in a cover letter instead of a university where I’ll be graduating and mention it accordingly (I am currently an exchange student at…)?

No, I think you should still use the university where you’ll be graduating

ha frontier market. I am putting where I am an exchange student with the frontier school I attend.

I’m applying for an internship in the US, but I’m studying in Germany. Should I mention that my University/Business School, is one of the best business schools in Germany?

Thank you for your answer!

I don’t think it makes a difference. You could try but reviewers might not necessarily care too much re that

Hi, thanks so much for this article. I am writing a cover letter to J.P. Morgan, but I cannot find the office address in HK, shall I omit it at the top?

But what if I don’t have background info or experiences specific to the investment banking industry? does that automatically rule me out as a candidate even though they specify that finance background is not necessary?

Could I simply emphasize my skills and abilities that I have gained through other experiences such as working for an NGO?

Not necessarily.

just one other quick question. At Goldman Sachs, one could apply for internship in several divisions and they have asked motivation for applying to different divisions. Would it make this impression that you yourself do not know what division is right for you when you make applications for several divisions? Thanks a lot.

With Goldman, yes. However, in a way you still need to hedge your bets because one division’s MD might like you and the other’s MD might not.

I’ve shown my CL to the Head of HR in my firm and he adviced me to write something “catching” as a title between the date and “Dear Sir or Madam,..”. So do you think it would be okay to write there: “Why I am a good fit for taking part in your spring programme”? Or does this sound too arrogant?

Thanks a lot! Jevira

This sounds generic.

Have you got another idea or just put there: Spring Programme at XYZ. :D Thanks, and sorry for the time you lose with all my questions..

Come up w something original he said right? I don’t know if the above is original. You should just ask him what his suggestions are. I’d love to help but I need to think through it and have to look at your CL; wouldn’t be fair to other customers who are paying for our CL editing service.

Thanks very much for your helps. I have a few questions and I would greatly appreciate if you could help me. I am doing a double degree master in Complex Systems Science (A multidisciplinary field), so I have studied one year at Warwick, UK and now I am studying the second year at Ecole Polytechnique, France. 1) Should I mention anywhere that I have had a multidisciplinary approach since in my field I have to interact with people with completely diverse backgrounds, from Physics and math to economics and Philosophy? 2)I have got a full scholarship from European commission for my studies. How should I mention it? 3)I think many people are not very acquainted with the structure of such joint programs between two universities in two different countries. In my CV, shall I mention it as two masters and not saying that they are in fact joint? 4)My master thesis has been about financial contagion and I do not have ant job or internship opportunity, so how should I write the second paragraph?

Thanks in advance and sorry it becomes too long. Mostafa

1. Not sure how you will be wording this one. Difficult to use this to stand out 2. Yes 3. No, put joint but you can separate the two in diff lines 4. Can’t help you on this one.

Hi, it’s me again. Does this template also apply for online applications where you have to upload the cover letter? Or can my personal adress, the banks adress and the date can be removed withous replacement?

Yes these templates apply to online apps too

No, I don’t think you should remove the details you mentioned

I’m a first year university student in the UK, and looking to apply to a spring division internship at Goldman Sachs (and probably many others in the near future).

I have litte actual experience in terms of working for firms, but have competed in many stock market challenges/competitions, and I have come to university a year early, having been moved up a year.

Clearly with my lack of experience, I will need to slightly change the template you have provided above; how would you recommend I do this?

Many thanks.

I nearly asked the same thing – but my question didn’t even appear.

You should elaborate on your stock market challenges/competitions

Is it okay to write under my asset mgmnt firm that I “increased producivity of checking several entries by about 60%”? It was an excelsheet with about 120 rows in which I had to find the entries which were more than once in these rows. (it was an excel formula I made for that).

Or does it sound ridiculous?

Oh, its in the CV, not the cover letter.

yes it does sounds a bit ridiculous and monotonous. Sorry.

So I’ll delete :) Thanks. Its very difficult to boost your CV.

btw: may I send you, Nicole, my CV that you could look over that? You see my email adress, i guess. I’d really appreciate it! Thinking, that it sounds “too” ridiculous…

We’re not offering resume editing at the moment but will be introducing it shortly, so you can watch for that announcement.

What does “shortly” mean? Within this month? And will it be free? If not, how much would it cost? If you’re launching in the very near future, please reserve one place for me :-).

Haha yes but not free. Sure.

Thanks for your work!

My question is that if I apply for some regions where original language is not English i.e. China, Japan, will it be ok I send a 2-page resume/cl with one in English and another Chinese/Japanese/whatever? or seperately in 2 .pdfs?

Thanks again

No. Not necessary. Just send a one-page resume in English

If bilingual required?

No still submit one pager unless they ask

Thanks Nicole.

Another not-related question, do you think that a 4-month full time internship in PE department of commercial banks, say, standard chartered, strong enough to pass the summer/FT online selection? prior to that i had internship in big-4. a senior in university and will pursue a finance master degree right after. thanks

Should do but again it depends on what position you are interviewing for and which division you are looking at. Also depends on who is screening you..However, I believe your experience should suffice

Do you think sending a cover letter with a CV directly to the Head of investment banking dpt is inappropriate? The bank is hiring (according to website). Sent my CV to HR a month ago, no responce.

Sure, just send him a brief email and your resume. No point in sending a cover letter – address what you need to say briefly on the email

What is your opinion about listing client names. Obviously working in a deal situation it would not be acceptable to mention a client name and the transaction itself if this is not public but in my case I have done a lot of work which didn’t result in deals however I am quite keen on mentionning the clients as I have worked with many PE and large Corporate clients. Is it fine to write: “selected list of clients: A,B,C,D,E…

Why would you want to use names there? Just for more credibility when you discuss deals? I would still avoid using names if possible for dead deals. You can still mention that you’ve worked with some big PE names such as X but I wouldn’t go into details; pretend deal is still ongoing even if it died, and leave out the names.

https://mergersandinquisitions.com/why-investment-banking-deals-fail/

You do such a great service for idiots like me!Keep it up.

Hi! For my motivation letter, which the company requires on their application website, shouldn’t I just say I like money and that I want to work for their company because I would like to earn a lot? Or should I go with the “It’s my passion… I like to be challenged… I’d like to contribute innovations for the growth of the business…” bits? Thank you!

applications for bulge brackets. thanks!

Um #2, always

Okay, thanks!

I am beginning to write my cover letter for a number of boutique banks in the fall to apply for analyst positions. What do I if I don’t know anyone at the firm and can’t namedrop a presentation I attended (1st paragraph)? Can I just say

“My name is John Smith, and I am a recent graduate of Fordham University (Class of 2011). I am interested in applying for an analyst position at XYZ firm”

Is there anything else I can add to the first paragraph to flesh out my cover letter a bit? Thank you very much and keep up the good work!

That’s fine

Hi, I recently switched to a major in economics from engineering. The engineering curriculum at my school is very challenging and had a negative impact on my GPA over my freshman/sophomore year (3.4 currently). Would it be appropriate to list that I was previously an engineering major on my resume to reflect the challenging curriculum I was previously engaged in?

Yes that’s a good idea or at least reflect coursework on there

Thanks for the cover letter and resume templates, they’re really helpful. A friend of mine used your templates to score a summer internship in corporate finance advisory at a big four company in london and I was able to score a SA offer in the IBD of a BB firm in frankfurt, germany. we’re both germans btw.

depending on how fulltime recruiting develops we should set something up for a “breaking into IB in europe”-feature if you see the demand for this. So long, Nick

Congrats, interesting to hear that it works in other countries. There are a few articles on Europe (UK, Germany, Italy) already but could use more if you have a unique angle.

A company was recruiting at my college, and all they asked for was for us to send them a 1-page motivational letter? Any idea what I can include in the letter? Eg, why me? Why should I get the offer? Why should I get the bursary? My strengths and weaknesses?

They don’t want a cv, they just want a motivational letter. I’m not too sure what to include in it. Any help would be appreciated.

I would just follow the cover letter template here and expand on it a bit… don’t go into strengths/weaknesses, just follow the outline above.

Thanks Brian for putting up such a nice website and sharing valuable stuff with us aspirers. I might be using a wrong space to look for your suggestions anyways here I go. My challenge here is to make a successful transition from a business development/ strategy side (prior 3 yrs of exp. with a commercial bank) to IB. Being done an MBA recently from a decent B school in UK where I gained the required skill sets for IB, I was targeting at BB which doesnot seems to be working out my way so I m considering the small boutiques as well to start with. I thought a good cover letter can win recruiters attention in my case. Any advice on the approach I should carry to enter into IB & put my prior experience into use to encash it is highly appreciated.

If you do a search for “Networking” and “Cold-calling” you’ll see the most helpful advice – cover letters do not make a difference, focus on your cold-calling and networking skills and do not give up until you try hundreds of places.

is it okay to put stuff on your resume you don’t mention in your cover letter? or should your resume ONLY include stuff from your cover letter?

It’s fine, you can’t even mention everything in the cover letter anyway

In the 3rd paragraph you explained that we should say something along the lines of “I am impressed by your track record of clients and transactions at Goldman Stanley…”

This is obviously a great way to tailor your cover letter, but I was wondering where you find out information of transactions. I’ve found some doing a simple Google search, but is there an independent authority that tracks all of these? As well, how do you know which transactions to mention? The ones that the firm is particularly proud of or ground-breaking?

Use the WSJ Deal Journal or NYT Dealbook to find recent deals they’ve done, anything sizable or significant e.g. the Goldman / Facebook deal

I realized I made a grammatical error in the last paragraph of my cover letter today. I never noticed it before and I’ve sent it to three places already, one BB and two boutiques. Big deal?

No, no one reads cover letters anyway

Firstly thanks for the website, it’s great.

My question is: in most summer IB internships, they ask several cover letter-like questions like “In 250 words max, describe your career aspirations” etc., however there’s usually an option to upload a cover letter as well. Would you advise keeping it concise or would you include examples of IB-related things, adapted to the question, despite the fact you’re effectively rewriting the cover letter?

This is in UK by the way.

Thanks in advance.

Just keep it concise – competency questions are not a big factor vs. CV/interviews.

Thank you for the template.

Quick questions:

Should we use the email format for a doostang message as well?

No keep it way shorter like 2-3 sentences maybe

Dear M&I,

I guess I’m the most complicated case here. I’m currently doing BA in Art History and Italian at UCL, London, now doing my Erasmus in Italy. However, last summer I worked as a M&A Summer Analyst in a small boutique bank specializing in cross-border M&As. There, I started from scratch, with no finance experience/knowledge, but learnt a lot and had lots of hands-on experience, since the company was really small and I was involved in literally everything.

I’m applying for summer internships in large investment banks and about to start writing my cover letters. I assume I must explain myself for studying Art History & Italian and my out-of-the-blue interest in I-Banking, plus use my last summer experience as a selling point. Any other specific hints?

Thanks in advance for your help!

Well, why did you work there? What made you interested in doing that? Reference a specific person or if nothing comes to mind use something from the news or your background e.g. I was always really interested in Italy and the UK and got interested in finance as a result of [xx] so I wanted to explore cross-border M&A and leverage my skills/interests like that.

Hi, I have completed my masters in Drug Discovery and Translational Biology. But currently I am planning to apply for any investment banking positions. As I don’t have any background or experience in the given field, i don’t what to write in the 2nd and 3rd paragraph.

Can you please help me,

Talk about the analytical skills you gained and how they apply, or the leadership / project management skills or anything else like that from previous internships or school.

Hey guys, this letter just repeats what is inside the Resume anyway. What is the additional value for the potential employer to read this kind of resume? There are no additional information. Wouldnt it be better to wite about your motiviation, your personal (not work) background, and reasons to chose this department/bank ? Or would it harm to do this?

Furthermore, the letter includes the information about resume enclosure 3(!) times. I like this site but this template really does not look too promising for me!

So don’t use it? The point is that no one reads cover letters, but in case they do, you don’t want to screw up by saying anything controversial or anything that could be misinterpreted.

If you start writing your personal story, bankers might mistake it for a soap opera script rather than cover letter.

Cover letters have no value at all, but just like grades if you screw one up it could hurt you. This template is intentionally boring and gives very little information because otherwise people would download this and insert pictures of unicorns, write about their past relationships, and other nonsense.

Great comment, made me laugh

Do you recommend being creative in cover letters, ie varying sentence structure, using big/expressive words ?

No, creativity is for marketing or poetry – this is finance.

I’m a US student currently at Oxford for my junior year. All the applications for the UK offices are online. I know you have already answered the question before, but I don’t want to make any mistakes. So just to clarify:

1. Omit the physical addresses, mine as well as theirs. 2. Omit the recruiters name leaving only the name of the bank 3. Omit the signature 4. Do not enclose resume since that is a separate attachment

Thanks so much in advance.

Hie ,i realy luv ur advice!.,Im doing a Bsc in Financial modelling with UNISA.is this a good start for a career in investment banking?.i finish next year, could u tell wat i can do to make myself marketable after graduation.

Honestly, I’m not sure on that one because I’m not familiar with the school. If a lot of banks recruit there, it’s fine; otherwise you should transfer elsewhere.

Its University of SouthAfrica ,im also staying in Africa.is there something i could do 2 giv me an added advantage over my coleagues?.

This article has some tips on South Africa: https://mergersandinquisitions.com/investment-banking-south-africa/

Hey M&I,

What’s your take on headlines (i.e.Application for IB Analyst) and postscripts? I’ve heard from many friends to add them on because they will grab attention. But then again, they aren’t going into banking.

Thanks, Mack

Not applicable for banking

i will be applying to merrill lynch. In the template, you stated many of the internship and job roles that provide the skills required to be a great investment analyst. However, i was just wondering, if i have a perfect gpa, perfect sats score, how can i use these to my advantage in my cover letter?

You can’t really, just list them and be done with it – no point in trying to emphasize those because there’s not much to say and they speak for themselves.

Hi, If the firm’s online application says “you can only attach one file: this should contain your CV, cover letter and any other materials relevant for the position”, does it mean in the word document file I upload, the 1st page is resume, the 2nd page is cover letter and the 3rd is transcript? It looks pretty strange because the document is gonna be 4-5 pages. But since they only allow me to upload one file, I’m not sure what to do with the cover letter and the transcript. Or can I just omit them and attach the resume document only? Thanks a ton.

I would not send the transcript unless they specifically ask for it, otherwise just create a 2-page file with your cover letter and CV

First of all, great website! It’s really helpful and I think you guys are doing a great job.

I am visually impaired, however I have always followed regular education and have performed like anybody else (also in jobs, at associations, etc). Many banks stress their emphasis on diversity and now I am wondering if I should include this fact in my cover letter / online application? On the one hand I feel it would fit great into the whole “what are you most proud of”-question, but I am also scared it might work against me?

Please note I’m applying London, not NY. (I think European regulations might differ from US-ones). I go to a European target school.

Personally I would not list it on your CV / cover letter / online application, but maybe bring it up in an interview if it fits in naturally.

Hi Brian, I was beginning to start writing coverletters–atleast get them going, but I’m confused on where to find the unique strength of each BB, which makes it diff from its competitions. One of the things which makes a good cover letter is that its specific to a firm, but I dont know how to find such information. For instance, I was looking at MS, Barclays website in the section ,’Why MS’ or ‘Why Barclays’, and it seems every firm had the same agenda. We are committed to diversity , team player etc. Obv I need to go into more depth than this. Brian where I can find information specific to each BB on their website? I would really appreciate it. Thanks a lot.

You should read the WSJ Deal Journal blog and look for recent mentions of the bank and what deals they have been advising on – then reference those in the cover letter.

Hi Brian, I’m in a similar position as the above poster. For companies without a personal contact I want to talk about a specific deal they’ve advised on.

I’m just unsure how to formulate such a sentence without encouraging diffcult to answer questions.

E.g. I was thinking of something along the lines of “I was impressed with your company’s role as target advisor in the $X bn acquisition of companyX”

I’m afraid this would result in the question of ‘why were you impressed?’.

Any chance you could give a sample sentence of how you would talk about a deal in a cover letter?

P.S.: Keep up the good work with BIWS, love the constant updates. Highly recommended, well worth the money!

You can say something like “I recently saw news of your role as an advisor in the $X bn acquisition of company X and was immediately interested, since I’ve followed the [X] industry for awhile.”

Hi, I graduated from a target, went to medical school after graduation, but left after two years to pursue a career in investment banking. I now work at a small investment research firm, and I am applying for 2011 analyst class.

How much “explanation” do I need to do in cover letter? Or should I just focus on my job experience and modeling skills?

I don’t think you need much explanation since you quit medicine after 2 years, so just focus on other aspects

Is the physical address at the top still necessary if you’re attaching the cover letter as a .PDF in an online form?

I can’t thank you enough for all these info Brian,

In all honesty, I did have a sudden family death last year for which I had to leave school in the middle of the semester and come back after about two weeks. I got in a lot of psychological stress and uncertainty and I ended up messing up my grades significantly for two semesters. However, I did improve last semester with a full workload (maximum number of credit hours allowed at my school + advanced level classes) and got near 4.0.

How should I mention this on my cover letter? Also, how would I do that on an electronic cover letter which should only be about 4-5 sentences?

Thanks again in advance.

I would just say you had a health issue and had trouble balancing everything, but quickly learned your lesson and received perfect grades right after that. Giving a family excuse sounds fake so I would probably not write that even if it’s true.

Thanks but the thing is that wasn’t my freshman year. It was my sophomore year. So I did well my freshman year than poorly as a sophomore and improved as a junior.

Also, what about the electronic cover letter? Would it be ok to take up some sentences to explain my situation?

Just say you did poorly “at first” and then improved and have perfect grades this past year. I would still keep your cover letter short as no one has time to read a lot.

I would appreciate your advice on this.

I’m a senior at a target school in Far East Asia. It’s really tough to get into a BB here and I’m thinking of visiting each BB and handing them my resume and cover letter to ask for a junior equity research position. I doubt I’d be able to personally meet the head of research or a senior analyst without prior arrangement, so I’d be probably handing my resume and cover letter to HR. I need to stand out but I have no equity research internship experience. What I do have, is a equity S&T internship at a BB and a RA (intern) at a top-tier mgmt. consulting firm. Plus experience managing a personal portfolio and trading derivatives in notable amounts.

Now, my problem is this. I made it to the final round for a junior ER position at GS but unfortunately was not given the offer (the offer ended up going to someone with some full-time experience in ER; had I been competing against fresh-out-of-college candidates would the result have been different?). I would like to mention this in my resume or cover letter hoping that it would serve as evidence that I’m really interested in ER and that I have the potential. But I’m worried that this might send the wrong signal. Who would like to accept a candidate knowing that he was unsuccessful elsewhere? I’m worried that I might appear arrogant in their eyes. I’m thinking of visiting CS, UBS, Citi, MS, ML, JPM, etc. In ER here in Asia, they’re at least at par with GS if not better…

I realize that answer to this may depend on the culture here. Please advise. Thanks.

I would not mention an unsuccessful interview with GS for the reasons you mentioned.

Hi Brian! Long time reader, first time poster. I’m currently a rising senior at a target school on the tale end of my internship at a strong boutique bank in New York. I only have one week left, and I’ve been given zero modeling opportunities. I’m very disappointed. I figure that I should ask for some modeling work. But I have some questions.

1) Does it reflect poorly in interviews for full-time that I didn’t do any modeling? Should I “stretch” the truth?

2) Do you have any other relevant comments about doing a junior year internship and not getting any modeling experience? I’m concerned with how this hurts my full-time credentials, how this might affect my resume, and how overall my standing will decrease relative to my peers because I didn’t get modeling experience.

It’s quite common not to have modeling experience… just say you did research and assisted with potential clients / potential buy-side deals but don’t say anything about modeling. Most people do no modeling in their internships so it doesn’t matter much anyway.

What’s a better part-time fall internship, BB PWM or no-name boutique (I mean no name.. say 3-7 employees)?

Both are about the same, but the boutique is better for your resume because you can write “Investment Banking Analyst”

off-topic question:

I often read though it’s June interviews are still taking place.

When do banks in America/Europe begin accepting applications for: 1) summer interns (analyst) 2) full-time (analyst/associate)

Is the end of a summer intern equivalent to the end of the full-time offer application period? Because ppl. might are offered a full-time offer after their summer intern.

To put it in a nutshell: When is recruting/application time generally?

Summer interns are December/January, full-time is August-September.

And when do you start as summer intern, when u successfully applied in dec/jan or successfully applied for aug/sep?

Summer interns usually start in June

This post reminded me of the classic cover letter to Lehman that was on Leveraged Sellout. I tried to see it, but it appears LSO has shutdown. Is this the case? Are the days of re-reading the same, hilarious stories over?

I don’t know because it’s not my site, but yes it appears to be down. Maybe check the google cache.

Thanks for the release of this article, much appreciated.

Curious on an unrelated question though, when you try to develop relationships with bankers and do the initial outreach to set up an information interview, how far ahead should you plan? I mean should you give them dates within the week you email, 2 weeks ahead, etc?

Also, for specific time slots you ask for, what time is it usually best for a banker to talk to someone about that? Like early morning, late night, right after lunch, etc?

Thanks again, H

Give dates within the next 1.5 weeks so they have a few days to respond. Usually right after lunch is best for bankers, for traders you have to call after market hours are over

Hi Brian, Thanks for the website, I have a quick question for you. I am in one of the new Masters in Finance/Management programs. I am at a target school for undergrad/MBA (think UNC/Duke/UVA). However, since the program is very new, banks don’t know much about it. Aditionally, although I have had some Wealth Management internship experience, I don’t have an I-Banking internship.

Given my situation, do you think it is better for me (in terms of B-school and exit opportunities) to go into a top ten consulting firm (excluding MBB) or try for mid-market/boutique investment banks (My school is very good in placing people in consulting), assuming I don’t get into a BB. I ultimately want to end up in PE or HF (preferably PE).

Thanks for your help.

I would still say banking because consulting –> PE is very tough unless you go for firms like Golden Gate Capital that hire a lot of ex-consultants… and even there they’re mostly from MBB. Much easier to go from smaller bank –> PE than to go from smaller consulting firm –> PE.

Should I mention the fact that my company is in F500? It’s know in Europe, but I doubt it is known in North America.

You can add it in, yes

I don’t have any inside experience about the recruiting process, but a friend/colleague of mine (BB) mentioned that while recruiting for regional european branches/off-cycle internships often look at the cover letter, they almost never do it for summer positions in London.

Everyone seems to have different stories re: cover letters, but they are certainly less important than resumes, networking, or interviews

What about for laterals?

Same template applies but talk about how your previous banking experience applies to the new position you’re applying for

I appreciate your template for its compactness, I understand I shouldnt overestimate the competition, but Im trying to sell myself to the recruiter, so simply mentioning my skills and experience will not differentiate me from the “competitor”…?

I personally dont have so much experience in the finance realm (although Im genuinely interested in it and have managed to get a ten day insight into a BB) so do you encourage mentioning transferable skills I acquired through extra curricular activities, ie football = teamwork, etc, etc…

Cover letters are not really the place to “sell” yourself, which is why this is short… much safer to keep it boring and then do the selling via networking / interviews.

I know this is supposed to be basic, but the first paragraph is pretty useless. Your name, university/job position and contact details will already be on your resume so what’s the point in wasting time and space repeating the details on your cover letter. Also, saying “I am interested in pursuing an [Investment Banking Analyst / Associate] position at your firm” is also somewhat redundant, since the recruiter knows what position you’re applying for.

The template is good as a starting point, but on the off chance someone actually does read your cover letter, I would try to do a lot more than just make redundant statements.

This template is for both email and traditional letters… and in email it’s certainly not redundant. Even with traditional letters you are introducing new information by giving the name of the person you met at their firm as well as your major / where you’re working more specifically.

so do you expect the same stats as what you have written for the resume template? A given population, and a limited percentage will download it, and even a limited percentage will copy it word for word?

Cheers, thanks for all the great info!

In the grand scheme of things, yes – online a lot of people use these templates but most people who apply to banks do not use them.

I’m currently a rising junior at a semi target looking to be a SA next summer. This past summer I interned at a discount brokerage firm but had significant responsibilities (they didn’t have to hire an additional broker because of me) and got a lot of experience and face time with clients.

I have an opportunity to apply for a PWM internship for the fall with Morgan Stanley Smith Barney. Should I continue with my current internship through the fall or would it look better to move to the more distinguished name? I imagine the work would be similar. thanks

Go to the better name

nice template, it sure will be easier for internationals like me to write one now. thanks.

Thank you for the cover letter template.

“If you’re making the body of your email the cover letter, make it even shorter (4-5 sentences total) and cut out the address bits at the top.”

Do you mean we should drastically cut down the entire 4 paragraph cover letter into 4-5 sentences?

Yes, make it so they don’t have to scroll much (if at all) when reading on a Blackberry. 1-2 sentence intro, 2 sentences on your work experience and how it makes you fit for the job and then 1 sentence conclusion.

A nicely put article! Anyway, I like the new template for the website too!

A question that is unrelated to the article:

How far does an interviewer expect you to know in a previous live deal that you were previously involved in as an INTERN? I mean really, to be fair, often times, even if interns are being put into live deals, they are only doing menial works (including me), such as researching, data mining, presentation slides building, etc.

How far of financial analysis would the interviewer expect you to know?

Also, in terms of financial modeling, you’ve said it before that it is the kind of work that everyone should want to be exposed to. But what if the financial modeling is not for a live deal, but for a potential deal? Would it still look better than the menial works in live deals?

Thank you! You have no idea how helpful you have been.

They expect you to know what you indicate you know… so don’t set expectations very high. And yes any type of modeling work is better than menial tasks

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11 tricks for writing the perfect corporate banking cover letter

Applying for a job as a relationship manager in corporate banking isn’t all about crafting a great CV that shows off your sales statistics. Top biller or not, if you don’t get your cover letter right, hiring managers may not even bother to read your resume.

Corporate banking vacancies increasingly demand experience in specific sectors and products – so generic cover letters no longer cut it. Here are some expert tips that will help you create an effective cover letter for landing a corporate banking job.

1. Treat your cover letter like a sales document

Treat your cover letter just like a corporate banking sales document, keeping your selling points concise and understandable. “Your emphasis should always be on the value you bring in the short and long term to the new bank, whether that’s across relationships, products or sectors,” says Emmanuel White, co-founder of search firm WeLinkTalent in Singapore.

2. Your years go first

Banks often equate the longevity of your client relationships to how likely your clients are to stick with you if you move jobs. So state how long you’ve been an RM for within the first two sentences of your cover letter and also mention the relationship length of one or two of your key clients. “Corporate banks always look first to see if your years of experience match the seniority of the role,” says Lynne Roeder, managing director of recruiters Hays in Singapore.

3. Then your sector

Corporate banking is extremely sector-focused and employers generally want to hire specialists. Don’t rely on your resume to outline the industries you manage clients in – summarise your sectors in your cover letter, says Jasmine Tan, an associate director at Singapore recruitment firm Kerry Consulting.

4. Justify any big moves 

If you’re an expert in one sector applying for a corporate banking job in another, getting your cover letter right is particularly important. “Make sure you state a logical reason for why you want to change your focus – this story needs to make sense in order to avoid any doubt in the hiring manager’s mind,” says White.

5. Clients come next

Leave the details to your CV, but do describe about two of your main clients in your cover letter, says Farida Charania, Asia Pacific CEO of search firm Nastrac Group. Ideally choose profitable clients that you brought to the bank yourself.

6. Add your products

You need to mention the type of products you have expertise in, especially if they are similar to those offered by the new bank. But a sentence is fine – provide more product information in your CV.

7. Choose your numbers carefully

While you don’t want to clutter your cover letter with numbers, it’s important to include two or three of your most impressive figures – for example, your year-on-year sales growth, a rise in revenue from a key client, or a target that you’ve smashed. “Quantifying your achievements with numbers allows you to stand out because banks want to ensure they employ productive RMs,” says Lim Chai Leng, director of banking at recruiters Randstad in Singapore.

8. Explain whether you’re a hunter or a farmer

Hiring managers don’t want to trawl through your CV to find out if you’re a hunter (who brings in new business), a farmer (who manages current clients) or a combination of both. You need to briefly spell this out in your cover letter, says Gary Lai, Southeast Asia managing director at recruiters Charterhouse Partnership.

9. And explain why you want to join it

You may have many reasons for moving to a new RM role, but in your cover letter choose just one and make sure it’s about the new bank, not your current one. “It’s imperative that your future employer understands what your main motivation is and how it fits into your career aspirations long term,” says White from WeLinkTalent.

10. Mention your credit skills in your corporate banking cover letter

Include a sentence explaining the extent of your credit analysis skills. “Corporate banks want the full package – they like to know they can rely on their RMs, even though they have a credit analysis team in the back office,” says Roeder from Hays.

11. Is there room for more achievements?

Your corporate banking cover letter shouldn’t be longer than a page but it’s still worth reviewing the first draft to see whether there’s room to include other key achievements. “These could be landmark deals or unique transactions you’ve worked on – just avoid providing too many small details about the achievements as these can all go into your CV,” says Lim from Randstad.

Image credit: DNY59, Getty

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6 Professional Banking Cover Letter Examples for 2024

Your banking cover letter must immediately highlight your understanding of financial trends and economic regulations. It should demonstrate familiarity with the specific banking institution to which you're applying. Be sure to showcase your previous banking experience and your ability to foster client relationships. Your cover letter needs to reflect both your analytical skills and your commitment to customer service excellence.

All cover letter examples in this guide

Commercial Banking

Corporate Banking

Loan Officer

Loan Processor

Phone Banking

Cover letter guide.

Banking Cover Letter Sample

Cover Letter Format

Cover Letter Salutation

Cover Letter Introduction

Cover Letter Body

Cover Letter Closing

No Experience Banking Cover Letter

Key Takeaways

Crafting a banking cover letter can often feel daunting. You might have already dived into job applications, only to realize a punchy cover letter is a must-have. It's not about echoing your resume; it's about showcasing a key professional triumph and bringing your journey to that success to life. Remember, formality is key, but dodging clichés will make you stand out. And keeping it concise to one page is crucial. Let's guide you through writing a cover letter that opens doors.

• Create a banking cover letter to persuade the recruiters you're the best candidate for the role;
• Use industry-leading banking cover letter templates and examples to save time;
• Dedicate your banking cover letter space to your best achievement;
• Make sure your banking cover letter meets recruiters' expectations and standards.

Avoid starting at the blank page for hours by using Enhancv's AI - just upload your resume and your banking cover letter will be ready for you to (tweak and) submit for your dream job.

If the banking isn't exactly the one you're looking for we have a plethora of cover letter examples for jobs like this one:

• Banking resume guide and example
• Financial Accountant cover letter example
• Public Accounting Auditor cover letter example
• Finance Coordinator cover letter example
• Corporate Accounting cover letter example
• Bank Manager cover letter example
• VP of Finance cover letter example
• Tax Manager cover letter example
• Cost Accounting cover letter example
• Finance Manager cover letter example
• Tax Director cover letter example

Banking cover letter example

Alex Johnson

New York, NY

+1-(234)-555-1234

[email protected]

• Explicitly stating relevant previous experience, such as managing relationships with over 500 customers at Chase Bank, provides concrete evidence of capability in the field and assures the hiring manager of the candidate's qualifications for the customer relationship role.
• Quantifying achievements, like citing a 95% customer satisfaction rate and a 30% reduction in customer complaints, helps to objectively demonstrate the candidate's impact and effectiveness in the previous position.
• Identifying a specific initiative, such as leading the integration of a new CRM system, exhibits the candidate’s ability to innovate and improve processes, which could translate into similar successes in the new role.
• Expressing eagerness to apply strategic vision and skills to the potential employer's institution, and aligning personal commitment with the company's core values, shows the hiring manager that the candidate is not only qualified but also genuinely interested in the company's mission.

What about your banking cover letter format: organizing and structuring your information

Here is one secret you should know about your banking cover letter assessment. The Applicant Tracker System (or ATS) won't analyze your cover letter.

You should thus focus on making an excellent impression on recruiters by writing consistent:

• Introduction
• Body paragraphs (and explanation)
• Promise or Call to action
• Signature (that's optional)

Now, let's talk about the design of your banking cover letter.

Ensure all of your paragraphs are single-spaced and have a one-inch margins on all sides (like in our cover letter templates ).

Also, our cover letter builder automatically takes care of the format and comes along with some of the most popular (and modern) fonts like Volkhov, Chivo, and Bitter.

Speaking of fonts, professionals advise you to keep your banking cover letter and resume in the same typography and avoid the over-used Arial or Times New Roman.

When wondering whether you should submit your banking cover letter in Doc or PDF, select the second, as PDF keeps all of your information and design consistent.

The top sections on a banking cover letter

• Header: This should include your contact information, the date, and the employer's contact details, providing a professional appearance and ensuring that the recruiter can easily identify and get in touch with you.
• Greeting: A personalized greeting addressing the hiring manager by name demonstrates that you have done your research and are genuinely interested in the position at their banking institution.
• Introduction: In this section, you should clearly state the banking position you are applying for and give a brief overview of your relevant experience, capturing the recruiter's interest and showing immediate relevance.
• Body: Here, you elaborate on your previous banking experience, quantitative achievements, and understanding of financial principles, showing how your background makes you the right fit for the specific banking role you are pursuing.
• Closing: The closing should reiterate your enthusiasm for the role, include a call to action politely prompting an interview, and thank the hiring manager for considering your application, leaving a professional and courteous final impression.

Key qualities recruiters search for in a candidate’s cover letter

Understanding of Financial Regulations: Banks must adhere strictly to financial regulations, and showing knowledge in this area indicates a candidate's readiness to operate within legal and ethical boundaries.

Attention to Detail: Handling financial transactions requires precision, and even small errors can have significant repercussions, making this trait critical in banking roles.

Customer Service Skills: Bankers often interact with customers, requiring the ability to manage relationships, address concerns effectively, and maintain customer satisfaction and trust.

Sales Experience: Many banking positions have sales components, such as promoting credit cards or loans, hence experience in sales reflects the potential for revenue generation.

Risk Management: The ability to identify and mitigate financial risks is crucial in banking to protect the institution's assets and maintain financial stability.

Numeracy and Analytical Skills: A strong aptitude for numbers and the ability to analyze financial data are essential for making informed decisions in a banking context.

What greeting should you use in your banking cover letter salutation

A simple "Hello" or "Hey" just won't work.

With your banking cover letter salutation , you set the tone of the whole communication.

You should thus address the hiring managers by using their first (or last name) in your greeting.

But how do you find out who's recruiting for the role?

The easiest way is to look up the role on LinkedIn or the corporate website.

Alternatively, you could also contact the organization via social media or email, for more information.

Unable to still obtain the recruiter's name?

Don't go down the "To whom it may concern path". Instead, start your cover letter with a "Dear HR team".

List of salutations you can use

• Dear Hiring Manager,
• Dear [Bank Name] Recruitment Team,
• Dear [Hiring Manager's Name],
• Dear [Department Name] Team,
• Dear Mr./Ms. [Last Name],
• Dear [Position Title] Hiring Committee,

Your banking cover letter intro: showing your interest in the role

On to the actual content of your banking cover letter and the introductory paragraph .

The intro should be no more than two sentences long and presents you in the best light possible.

Use your banking cover letter introduction to prove exactly what interests you in the role or organization. Is it the:

• Company culture;
• Growth opportunities;
• Projects and awards the team worked on/won in the past year;
• Specific technologies the department uses.

When writing your banking cover letter intro, be precise and sound enthusiastic about the role.

Your introduction should hint to recruiters that you're excited about the opportunity and that you possess an array of soft skills, e.g. motivation, determination, work ethic, etc.

Structuring your banking cover letter body to add more value

You've hinted at your value as a professional (this may be your passion for the job or interest in the company) in your introduction.

Next, it's time to pan out the body or middle of your banking cover letter .

When creating your resume, you've probably gone over the advert a million times to select the most relevant skills.

Well, it's time to repeat this activity. Or just copy and paste your previous list of job-crucial requirements.

Then, select one of your past accomplishments, which is relevant and would impress hiring managers.

Write between three and six paragraphs to focus on the value your professional achievement would bring to your potential, new organization.

Tell a story around your success that ultimately shows off your real value as a professional.

Finishing off your banking cover letter with what matters most

So far, you've done a fantastic job in tailoring your banking cover letter for the role and recruiter.

Your final opportunity to make a good impression is your closing paragraph.

And, no, a "Sincerely yours" just won't do, as it sounds too vague and impersonal.

End your banking cover letter with the future in mind.

So, if you get this opportunity, what do you plan to achieve? Be as specific, as possible, of what value you'd bring to the organization.

You could also thank recruiters for their interest in your profile and prompt for follow-up actions (and organizing your first interview).

No experience banking cover letter: making the most out of your profile

Candidates who happen to have no professional experience use their banking cover letter to stand out.

Instead of focusing on a professional achievement, aim to quantify all the relevant, transferrable skills from your life experience.

Once again, the best practice to do so would be to select an accomplishment - from your whole career history.

Another option would be to plan out your career goals and objectives: how do you see yourself growing, as a professional, in the next five years, thanks to this opportunity?

Be precise and concise about your dreams, and align them with the company vision.

Key takeaways

Writing your banking cover letter doesn't need to turn into an endless quest, but instead:

• Create an individual banking cover letter for each role you apply to, based on job criteria (use our builder to transform your resume into a cover letter, which you could edit to match the job);
• Stick with the same font you've used in your resume (e.g. Raleway) and ensure your banking cover letter is single-spaced and has a one-inch margin all around;
• Introduce your enthusiasm for the role or the company at the beginning of your banking cover letter to make a good first impression;
• Align what matters most to the company by selecting just one achievement from your experience, that has taught you valuable skills and knowledge for the job;
• End your banking cover letter like any good story - with a promise for greatness or follow-up for an interview.

Banking cover letter examples

Explore additional banking cover letter samples and guides and see what works for your level of experience or role.

Cover letter examples by industry

AI cover letter writer, powered by ChatGPT

Enhancv harnesses the capabilities of ChatGPT to provide a streamlined interface designed specifically focused on composing a compelling cover letter without the hassle of thinking about formatting and wording.

• Content tailored to the job posting you're applying for
• ChatGPT model specifically trained by Enhancv
• Lightning-fast responses

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Corporate Banker Cover Letter

15 corporate banker cover letter templates.

How to Write the Corporate Banker Cover Letter

I would like to submit my application for the corporate banker opening. Please accept this letter and the attached resume.

Previously, I was responsible for management/supervision and leadership to all Document Preparation activities which includes loan documentation, booking and funding activities along with loan documentation exception mitigation.

My experience is an excellent fit for the list of requirements in this job:

• Extensive knowledge of products and markets-preferably in the public RE sector modeling expertise
• Minimum of six hours of college level Accounting -- with a passing grade of B or above
• Very proficient in Excel
• The Global Corporate Banking Associate will assist a Banker / Senior Banker to partner with the Investment Banking Client Executive (CE) to maximize the firm-wide revenue potential at acceptable returns across targeted clients and prospects
• The Associate will also focus on the Treasurer and Treasury staff on accounts jointly managed with a Treasury Services sales officer, GEM sale officer and Trade Sale Officer
• Solid knowledge of the European/Global Technology Industry with the focus on Internet & Digital Media, Software and Fintech
• Strong knowledge of credit (IG and HY), financing products, treasury services, markets and asset management solutions
• Extensive banking and capital markets/advisory product knowledge

Thank you for your time and consideration.

Emerson Bauch

• Microsoft Word (.docx) .DOCX
• PDF Document (.pdf) .PDF
• Image File (.png) .PNG

Responsibilities for Corporate Banker Cover Letter

Corporate banker responsible for support with commercial loan origination and ongoing loan portfolio management, working proactively to ensure both production and portfolio management tasks are prioritized appropriately and completed in a timely manner.

Corporate Banker Examples

Example of corporate banker cover letter.

I am excited to be applying for the position of corporate banker. Please accept this letter and the attached resume as my interest in this position.

In the previous role, I was responsible for feedback pertaining to credit quality, underwriting, and loan policy compliance in an effort to maintain consistency with the bank’s overall loan growth and portfolio management objectives.

I reviewed the requirements of the job opening and I believe my candidacy is an excellent fit for this position. Some of the key requirements that I have extensive experience with include:

• Network of client contacts
• Assist with building and developing coverage of the Global Corporate Bank selected clients working and coordinating with the line of business partners such as Debt Capital Markets, Markets, T&SS, Asset Management and Investment Bank Client Executives where such coverage exists
• Excellent written and oral communication in English and Korean
• Experience working with Korean corporate clients
• Experience living and working in Korea
• Previous internship or some work experience in the financial services industry
• Meets the credit needs of individuals seeking secured or unsecured loans
• Provides deposit related services to customers

Thank you in advance for reviewing my candidacy for this position.

Tatum Schimmel

Please consider me for the corporate banker opportunity. I am including my resume that lists my qualifications and experience.

Previously, I was responsible for general guideline interpretations to processors, Underwriters and Loan Officers as requested and answers questions directly on specific loan files.

Please consider my qualifications and experience:

• Makes and monitors equity investments in businesses that have the potential for significant growth and return on investment
• Retains and strengthens current relationships and seeks to develop new business
• Complies with bank’s loan policies and procedures and legal requirements
• Knowledge of CIB and TSS products including
• Requires leadership knowledge and mastery of multiple job areas typically obtained through advanced education combined with experience
• Well versed in commercial banking products
• Understanding of the capital markets and their relevance to clients
• Experience in coverage of corporate clients in the Nordics

Corey Green

Previously, I was responsible for professional sales expertise to customers to help them meet their financial needs and goals (excluding Home Loan products).

Please consider my experience and qualifications for this position:

• Cross sells retail and trust services
• Calls on potential and existing customers to develop new business by promoting company services and products
• Knowledge of trust products and services
• Strong sales and proactive calling skills
• Strong interpersonal skills to network with bankers in developing new business opportunities
• Exemplify a strong commitment to integrity, professionalism, collaboration and teamwork
• Ideally has an MBA and/or CFA and FIG Corporate Banking experience
• Experience in corporate client coverage, preferably with existing connections within large Japanese Corporates

Jordan Nolan

I submit this application to express my sincere interest in the corporate banker position.

Previously, I was responsible for cRM officers with credit recommendations on loan transactions with focus on leveraged lending.

• English and Japanese (native) language are mandatory
• Developed network of client contacts
• Experience in coverage of listed and privately owned corporates in Germany and Austria and knowledge of key decision makers
• Experience in proposal and presentation management/P&L analysis/Risk Management is preferred
• Advanced proficiency level in Microsoft Office (Excel, PowerPoint, Word)
• Ideally has Corporate Banking experience in the Technology sector
• Knowledge of IB and TS products including treasury services, derivatives, loans and trade finance
• Excellent communication skills with strong fluency in spoken and written English

Thank you for taking your time to review my application.

Tyler Bashirian

In my previous role, I was responsible for proper communication with Bankers and Customers, present loan structures, provide guidance, solutions, and details for loan opportunities.

• Proven track record of managing cross cultural environments
• Fluency in English and preferably Nordic languages
• Equipment Finance experience
• Completes all assigned training, receiving a passing score on all knowledge checkpoints and exams
• Completes assigned reading assignments
• Seek and obtain quality new business through outside selling efforts
• Develop specific and targeted new client growth plans, expand existing business relationships by determining opportunities and cross sell services, and meet established goals of the market area while ensuring the bank's credit quality and risk management guidelines are followed
• Focus on business development within a specific local market area

Thank you in advance for taking the time to read my cover letter and to review my resume.

Denver Bayer

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Business Banker Cover Letter Example for 2024 (Skills & Templates)

Create a standout business banker cover letter with our online platform. browse professional templates for all levels and specialties. land your dream role today.

Are you looking to make a career move into the banking sector? Our Business Banker Cover Letter Guide provides comprehensive advice to help you write an outstanding cover letter that will make you stand out from the competition. With our guidance, you can craft a letter that will demonstrate your knowledge and experience in the banking industry.

We will cover:

• How to write a cover letter, no matter your industry or job title.
• What to put on a cover letter to stand out.
• The top skills employers from every industry want to see.
• How to build a cover letter fast with our professional Cover Letter Builder .
• What a cover letter template is, and why you should use it.

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Business Banker Cover Letter Sample

Dear Hiring Manager:

I am writing to express my interest in the position of Business Banker with your organization. I have over five years of experience in banking, finance, and customer service, and I am confident that my skills and qualifications are an ideal fit for the role.

I have a Bachelor’s degree in Business Administration, and I am currently working as a Senior Business Banking Officer at ABC Bank. During my tenure, I have successfully managed a portfolio of over 100 commercial accounts, including small businesses, mid-sized companies, and large corporations. I have also been responsible for developing and maintaining relationships with clients and providing specialized banking services.

I am highly skilled in assessing customer needs and providing solutions tailored to their specific requirements. I have a strong understanding of banking regulations, processes, and procedures. I am also proficient in financial analysis, risk management, and loan origination.

In addition to my professional qualifications, I have strong interpersonal skills and the ability to build strong relationships with clients. I am a team player and I am comfortable working in a fast-paced environment. I am committed to providing excellent customer service and I am confident that I can contribute to your team.

I would welcome the opportunity to discuss my qualifications and skills further. Please review my attached resume and I look forward to hearing from you soon.

Sincerely, [Your Name]

Why Do you Need a Business Banker Cover Letter?

• A Business Banker cover letter is an important part of the job application process, as it shows employers that you are serious about the job and that you have taken the time to craft a thoughtful, well-written letter.
• It is an opportunity to demonstrate that you are a good fit for the role, and to highlight your relevant skills and experience that make you a suitable candidate.
• A Business Banker cover letter should also demonstrate your understanding of the role and how you can contribute to the success of the organization.
• It should also be tailored to the specific job you are applying for, as this will show the employer that you have taken the time to research their company and have a clear understanding of the role.
• Overall, a Business Banker cover letter is an important part of your job application, as it gives you the chance to demonstrate why you are the perfect candidate for the role.

A Few Important Rules To Keep In Mind

• Address the letter to the relevant hiring manager or contact person.
• Include an introduction that states why you are writing the letter.
• Summarize your qualifications and experience related to the job.
• Highlight relevant qualifications such as knowledge of banking regulations and familiarity with banking software.
• Indicate your interest in the position and your enthusiasm for the role.
• Close the letter by thanking the hiring manager for their time and consideration.
• Proofread the letter carefully for grammar, spelling, and punctuation errors.

What's The Best Structure For Business Banker Cover Letters?

After creating an impressive Business Banker resume , the next step is crafting a compelling cover letter to accompany your job applications. It's essential to remember that your cover letter should maintain a formal tone and follow a recommended structure. But what exactly does this structure entail, and what key elements should be included in a Business Banker cover letter? Let's explore the guidelines and components that will make your cover letter stand out.

Key Components For Business Banker Cover Letters:

• Your contact information, including the date of writing
• The recipient's details, such as the company's name and the name of the addressee
• A professional greeting or salutation, like "Dear Mr. Levi,"
• An attention-grabbing opening statement to captivate the reader's interest
• A concise paragraph explaining why you are an excellent fit for the role
• Another paragraph highlighting why the position aligns with your career goals and aspirations
• A closing statement that reinforces your enthusiasm and suitability for the role
• A complimentary closing, such as "Regards" or "Sincerely," followed by your name
• An optional postscript (P.S.) to add a brief, impactful note or mention any additional relevant information.

Cover Letter Header

A header in a cover letter should typically include the following information:

• Your Full Name: Begin with your first and last name, written in a clear and legible format.
• Contact Information: Include your phone number, email address, and optionally, your mailing address. Providing multiple methods of contact ensures that the hiring manager can reach you easily.
• Date: Add the date on which you are writing the cover letter. This helps establish the timeline of your application.

It's important to place the header at the top of the cover letter, aligning it to the left or center of the page. This ensures that the reader can quickly identify your contact details and know when the cover letter was written.

Cover Letter Greeting / Salutation

A greeting in a cover letter should contain the following elements:

• Personalized Salutation: Address the hiring manager or the specific recipient of the cover letter by their name. If the name is not mentioned in the job posting or you are unsure about the recipient's name, it's acceptable to use a general salutation such as "Dear Hiring Manager" or "Dear [Company Name] Recruiting Team."
• Professional Tone: Maintain a formal and respectful tone throughout the greeting. Avoid using overly casual language or informal expressions.
• Correct Spelling and Title: Double-check the spelling of the recipient's name and ensure that you use the appropriate title (e.g., Mr., Ms., Dr., or Professor) if applicable. This shows attention to detail and professionalism.

For example, a suitable greeting could be "Dear Ms. Johnson," or "Dear Hiring Manager," depending on the information available. It's important to tailor the greeting to the specific recipient to create a personalized and professional tone for your cover letter.

Cover Letter Introduction

An introduction for a cover letter should capture the reader's attention and provide a brief overview of your background and interest in the position. Here's how an effective introduction should look:

• Opening Statement: Start with a strong opening sentence that immediately grabs the reader's attention. Consider mentioning your enthusiasm for the job opportunity or any specific aspect of the company or organization that sparked your interest.
• Brief Introduction: Provide a concise introduction of yourself and mention the specific position you are applying for. Include any relevant background information, such as your current role, educational background, or notable achievements that are directly related to the position.
• Connection to the Company: Demonstrate your knowledge of the company or organization and establish a connection between your skills and experiences with their mission, values, or industry. Showcasing your understanding and alignment with their goals helps to emphasize your fit for the role.
• Engaging Hook: Consider including a compelling sentence or two that highlights your unique selling points or key qualifications that make you stand out from other candidates. This can be a specific accomplishment, a relevant skill, or an experience that demonstrates your value as a potential employee.
• Transition to the Body: Conclude the introduction by smoothly transitioning to the main body of the cover letter, where you will provide more detailed information about your qualifications, experiences, and how they align with the requirements of the position.

By following these guidelines, your cover letter introduction will make a strong first impression and set the stage for the rest of your application.

Cover Letter Body

Dear Hiring Manager,

I am writing to express my interest in the Business Banker position at ABC Bank. With over five years of experience providing exceptional customer service and financial advice, I am confident that I am the right candidate for the job. I possess the knowledge, skills, and enthusiasm to become an asset to the team.

As a Business Banker, I have extensive experience in managing customer accounts, providing financial advice, and developing relationships with business customers. I have an in-depth understanding of banking regulations and procedures, and I am comfortable working with a wide range of financial products. In addition, I have a proven track record of successfully analyzing customer needs and finding the best financial solutions for them.

In my current role, I have been successful in providing excellent customer service and building strong relationships with business customers. I have a strong understanding of the ever-changing banking industry and I am adept at staying up-to-date on the latest trends and technologies. Furthermore, I have the ability to think on my feet and come up with creative solutions to solve problems.

I am confident that I have the knowledge, skills, and expertise to make an immediate contribution to ABC Bank. I am excited for the opportunity to discuss my qualifications in more detail. Please do not hesitate to contact me with any questions or to arrange an interview.

Complimentary Close

The conclusion and signature of a cover letter provide a final opportunity to leave a positive impression and invite further action. Here's how the conclusion and signature of a cover letter should look:

• Summary of Interest: In the conclusion paragraph, summarize your interest in the position and reiterate your enthusiasm for the opportunity to contribute to the organization or school. Emphasize the value you can bring to the role and briefly mention your key qualifications or unique selling points.
• Appreciation and Gratitude: Express appreciation for the reader's time and consideration in reviewing your application. Thank them for the opportunity to be considered for the position and acknowledge any additional materials or documents you have included, such as references or a portfolio.
• Call to Action: Conclude the cover letter with a clear call to action. Indicate your availability for an interview or express your interest in discussing the opportunity further. Encourage the reader to contact you to schedule a meeting or provide any additional information they may require.
• Complimentary Closing: Choose a professional and appropriate complimentary closing to end your cover letter, such as "Sincerely," "Best Regards," or "Thank you." Ensure the closing reflects the overall tone and formality of the letter.
• Signature: Below the complimentary closing, leave space for your handwritten signature. Sign your name in ink using a legible and professional style. If you are submitting a digital or typed cover letter, you can simply type your full name.
• Typed Name: Beneath your signature, type your full name in a clear and readable font. This allows for easy identification and ensures clarity in case the handwritten signature is not clear.

Common Mistakes to Avoid When Writing a Business Banker Cover Letter

When crafting a cover letter, it's essential to present yourself in the best possible light to potential employers. However, there are common mistakes that can hinder your chances of making a strong impression. By being aware of these pitfalls and avoiding them, you can ensure that your cover letter effectively highlights your qualifications and stands out from the competition. In this article, we will explore some of the most common mistakes to avoid when writing a cover letter, providing you with valuable insights and practical tips to help you create a compelling and impactful introduction that captures the attention of hiring managers. Whether you're a seasoned professional or just starting your career journey, understanding these mistakes will greatly enhance your chances of success in the job application process. So, let's dive in and discover how to steer clear of these common missteps and create a standout cover letter that gets you noticed by potential employers.

• Not personalizing the cover letter to the specific job.
• Using generic language that does not demonstrate knowledge of the company or the job.
• Not providing evidence of skills or accomplishments.
• Not providing contact information.
• Not proofreading the letter for errors.
• Using overly formal language.
• Including irrelevant information.
• Not addressing the letter to a specific person.
• Not explaining why you are the best candidate for the job.
• Failing to explain why you are interested in the job.

Key Takeaways For a Business Banker Cover Letter

• Demonstrate knowledge of banking industry trends and regulations.
• Highlight a comprehensive understanding of the banking sector products, services and processes.
• Mention the ability to analyze customer needs and recommend suitable banking solutions.
• Showcase excellent communication, interpersonal, and problem-solving skills.
• Demonstrate the ability to develop and maintain strong customer relationships.
• Display knowledge of financial analysis techniques and financial statements.
• Mention proficiency in customer service and banking operations.
• Express organizational and time management skills.
• Highlight relevant qualifications for the position.

Business Banker Cover Letter Example

A cover letter is a document that consists of your significant achievements, essential attributes and skills, scholastic accomplishments, and your work experience. Writing a cover letter just for the sake of fulfilling the official protocol does not help in landing the job you desire. Our Business Banker Cover Letter Sample guides you through creating a high-quality cover letter that would convince the employer to check out your resume.

He establishes a connection with potential companies and assists them in the banking processes. He resolves customer inquiries and ensures customer satisfaction. After examining the documents and verifying the organization’s credibility, he initiates the loan requests. He leads a well-organized team of employees. A Business Banker manages accounts of the corporate clients and helps his consumers in handling their accounts.

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What to Include in a Business Banker Cover Letter?

Roles and responsibilities.

A Business Banker is an expert whose job is to approach companies and entrepreneurs who need credit to carry out business processes . His motive is to make banking operations accessible to its clients. He provides detailed information to the end-users and suggests various offers that would match their requirements. His work is to understand the company’s needs and advise what type of loan would be suitable for the firm.

• Manage all business and commercial customers for the bank.
• Manage communication between employees and new customers.
• Assist commercial clients with all information for managing accounts .
• Manage efficient working of the team and ensure an optimal level of customer service.
• Provide support to sales and service operations and participate in promotional campaigns and seminars.

Education & Skills

Business Banker Skills :

• Good at determining the company’s needs and requirements regarding the credit.
• Capable of suggesting credit types to the firms that match their needs.
• Technical know-how.
• Able to address the clients’ issues promptly and effectively.

Business Banker Educational Requirement:

• Bachelor’s degree in business or finance or economics.
• Master’s degree in any of the above-mentioned or related fields to secure a higher position.
• Excellent mathematical and accounting skills.

Business Banker Cover Letter Example (Text Version)

Dear Mr./Ms.,

After reading the post about the vacant position of a Business Banker at your firm, I was excited about the valuable opportunity it presents to me; therefore, I am writing this application to bid for the post. My entire experience of 10 years has helped to develop a profound sense of banking policies, customer relations, and market analysis. I am confident that my qualities and qualifications would satisfy the eligibility criteria.

{Company name xxx} has been consistently serving and satisfying its customers. I admire the company’s respect for its employees and how they motivate their staff members to improve their productivity.

The high spots of my career and my skillsets are:

• Master’s degree in accountancy.
• Ten years of experience.
• Great understanding of client relationships.
• Detail-oriented.
• Level headed.
• Excellent analytical skills.
• Lead a team of professionals.

As an experienced Business Banker, I encourage my team members to give the best of their abilities. I focus on providing quality service to my clients. I have a good understanding of the field of marketing, customer service, and mergers. Additionally, I customize the schemes as per the clients’ needs. My skills would contribute to the success of your firm.

Thank you for giving attention to my application. I am Looking forward to joining your organization.

Sincerely, [Your Name]

Tips for Business Banker Cover Letter For College Graduates:

The college graduates can get an edge over other aspirants, by presenting the combination of a unique skill set and a sound understanding of the business banking operations in Business Banker Cover Letter.

A resume comprises your career achievements and advancements. It spotlights the talents and duties you specialize in. With our Business Banker Resume Sample , you will be able to draft an intriguing resume to enclose with your cover letter.

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Banking Business Analyst Cover Letter Example

Writing a cover letter for a banking business analyst job can be a daunting task. However, with the right guidance and some helpful tips, you can craft a unique and successful cover letter that will boost your chances of getting hired. This guide will provide an overview of cover letter structure, what information to include, and an example of a banking business analyst cover letter. By following the advice in this article, you can make sure that your cover letter will get you noticed.

If you didn’t find what you were looking for, be sure to check out our complete library of cover letter examples .

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Banking Business Analyst Cover Letter Sample

Dear [Hiring Manager],

I am writing to apply for the position of Banking Business Analyst at [Company Name], and I am confident that I possess the skills and experience you are seeking.

As a professional with a degree in Business and a proven track record of success in banking business analysis, I am a confident and skilled candidate for this role. In my current position, I have been leading a team of analysts in a variety of banking and financial transactions, consulting, and project management. I have a deep understanding of the banking industry and have provided financial analysis and technical support to clients in a variety of legal and regulatory settings.

I have the ability to accurately interpret data, develop strategies and produce actionable reports, and I am adept at implementing new technologies and identifying opportunities to improve processes. I am a critical thinker and possess excellent problem- solving skills. I am also highly organized and able to manage multiple projects and tasks simultaneously.

I am confident that I can bring my knowledge and experience to your team and be a positive asset to your organization. I am eager to discuss my qualifications and abilities in further detail and look forward to hearing from you.

Thank you for your time and consideration.

[Your Name]

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What should a Banking Business Analyst cover letter include?

A Banking Business Analyst cover letter should provide employers with a quick overview of your professional experience and qualifications, and should explain why you are the ideal candidate for the position. It should begin by introducing yourself, and providing employers with an overview of your career, including any banking- related experience you have. Following that, you should discuss the key skills and qualifications you possess that make you the ideal fit for the position at hand. Additionally, you should explain why you are passionate about the role, and how your experience and qualifications can benefit the organization. Finally, you should thank the employer for considering you for the position and provide your contact information so they can further discuss the opportunity.

Banking Business Analyst Cover Letter Writing Tips

Writing a cover letter is one of the most important steps in applying for a job in the banking sector. As a business analyst, you must ensure your cover letter stands out from the crowd in order to get the attention of the employer. Here are some tips to help you write an effective cover letter for a banking business analyst position.

• Highlight Your Strengths: Use your cover letter to make the case for why you are the ideal candidate for the job. Describe your qualifications and experiences that make you an excellent fit for the specific job you are applying for.
• Share Your Accomplishments: Don’t forget to include your relevant achievements in the banking sector. Use this opportunity to demonstrate your value and how you have solved complex challenges in the past. This will help you stand out from the competition.
• Utilize Keywords: Make sure to research the job description and incorporate keywords that are featured in it. This will help the hiring manager recognize your qualifications and recognize that you are a good fit for the job.
• Showcase Your Personality: Use the cover letter to showcase your unique personality and how it can benefit the organization. Highlight the skills and qualities that make you a great asset to the team and emphasize how you can help the company succeed.
• Keep It Concise: Don’t forget to keep your cover letter to one page. Your letter should be concise, clear, and to- the- point. Avoid any unnecessary information or filler statements.

Following these tips will help you create an effective cover letter for your banking business analyst position. Be sure to tailor your letter to the specific job opening and highlight your strengths and accomplishments. Good luck!

Common mistakes to avoid when writing Banking Business Analyst Cover letter

Writing a cover letter as a Banking Business Analyst is a key step in the job application process. You need to make sure your cover letter stands out and accurately reflects your qualifications, skills, and experience. To help you craft an effective cover letter, here are some common mistakes to avoid:

• Not Personalizing Your Letter: Generic cover letters are easy to spot, and they don’t demonstrate your commitment to the role. To make sure your letter resonates with your prospective employer, tailor your letter to the job description.
• Not Explaining Your Value: Cover letters are an opportunity to highlight the skills, accomplishments, and experience you bring to the table. Rather than simply listing your qualifications, explain how they make you an ideal fit for the role.
• Not Researching the Company: Before writing your cover letter, take the time to research the company and the position. This will help you demonstrate how your skills and experience can help the company meet its needs and goals.
• Using the Wrong Tone: It’s important to maintain a friendly yet professional tone in your cover letter. Avoid using overly casual language and jargon that may not be familiar to your reader.
• Focusing Too Much on Yourself: Cover letters should not be overly focused on your own accomplishments and experience. Demonstrate how you can bring value to the company you’re applying to and how your skills can help them reach their goals.
• Making Spelling and Grammar Errors: Before submitting your cover letter, make sure to carefully proofread it for any spelling or grammar errors. It’s a good idea to get a second set of eyes to look it over and provide feedback.

By avoiding these common mistakes, you can make sure your Banking Business Analyst cover letter stands out and makes a great impression. Good luck with your job search!

Key takeaways

Writing a cover letter for a banking business analyst role is one of the most important steps in the job application process. A great cover letter can help you get the attention of hiring managers and stand out from the competition. Here are some key takeaways for writing an impressive banking business analyst cover letter:

• Make sure to customize your cover letter to the specific position you are applying for. A generic cover letter is not likely to make a strong impression.
• Highlight your relevant skills and experience that make you a good fit for the role. Do your research on the job requirements and use that knowledge to make sure you are emphasizing the right information in your cover letter.
• Show your enthusiasm and interest in the role. Demonstrate that you understand the role and the organization and why you believe you would be a great asset.
• Keep your cover letter concise and to the point. Don’t go on for pages – recruiters often don’t have the time to read a lengthy document.
• Use a professional and friendly tone throughout. A well- written, friendly and professional cover letter will help you leave a lasting impression with the hiring managers.
• Make sure to proofread your cover letter before you submit it. Typos and grammatical errors are often a deal breaker for recruiters.
• Finally, don’t forget to thank the hiring managers for their time. A polite and professional thank you can make all the difference.

By following these key takeaways, you can create an impressive cover letter for your banking business analyst role and increase your chances of getting the job.

Frequently Asked Questions

1. how do i write a cover letter for an banking business analyst job with no experience.

Writing a cover letter for a Banking Business Analyst job with no experience can be a challenge. However, you can still make a great impression by focusing on your transferable skills and how they can be beneficial to the company. Begin your letter with a strong introduction that emphasizes your enthusiasm for the position, and then explain why you are the perfect fit for the job. Highlight your professional skills and experiences, such as organization, problem- solving, communication, and analysis, and how they are applicable to the role. Lastly, thank the employer and mention you look forward to hearing from them.

2. How do I write a cover letter for an Banking Business Analyst job experience?

If you have prior experience working as a Banking Business Analyst, you can use your cover letter to emphasize your experience and demonstrate how it can add value to the organization. Begin your cover letter by expressing your excitement for the position and the company. Then, explain why your past experience makes you the ideal candidate. Be sure to include examples of successful projects you have worked on, challenges you have overcome, and key skills you can bring to the role. Lastly, thank the employer for considering your application.

3. How can I highlight my accomplishments in Banking Business Analyst cover letter?

When highlighting your accomplishments in a Banking Business Analyst cover letter, it is important to be specific and provide concrete examples. Start by mentioning your major achievements and qualifications that set you apart from other applicants. Describe the successful projects you have worked on, the challenges you have overcome, and the knowledge and skills you possess that are related to the position. For example, you might talk about how you have improved efficiency or streamlined processes in a prior role.

In addition to this, be sure to check out our cover letter templates , cover letter formats ,  cover letter examples ,  job description , and  career advice  pages for more helpful tips and advice.

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Banking Associate Cover Letter Examples

Use these Banking Associate cover letter examples to help you write a powerful cover letter that will separate you from the competition.

Banking associates are responsible for a variety of tasks in the banking industry, such as providing customer service, processing transactions, and maintaining account records.

To get a job in banking, you need a well-written cover letter that highlights your skills and experience. Use the examples below to learn how to write a banking associate cover letter that catches the attention of hiring managers.

Formal/Professional Writing Style Example

With my strong educational background in finance and extensive experience in the banking sector, I am confident that my skills and qualifications align with the requirements of the Banking Associate role.

As a graduate in Finance from the University of XYZ, I have developed a strong foundation in financial analysis, management, and reporting. Over the past three years, I have gained industry experience while working for ABC Bank, where I honed my skills in customer relations, risk management, and cross-functional collaboration. My ability to analyze complex financial data and provide valuable insights has consistently helped in optimizing investment strategies and enhancing the overall performance of the bank.

In my current role as a Financial Analyst, I have been responsible for managing a diverse portfolio of clients, ensuring efficient monitoring of their financial transactions, and meeting regulatory requirements. My commitment to delivering excellent customer service has resulted in enhanced client satisfaction and the expansion of the bank’s customer base.

Apart from my technical expertise, I possess strong verbal and written communication skills which enable me to effectively liaise with clients and colleagues across all levels of the organization. I am highly adaptable and thrive in fast-paced environments, always looking for opportunities to improve processes and contribute to the growth of the organization.

I believe the Banking Associate role offers an exciting opportunity for me to apply my knowledge and expertise to support your bank’s mission to provide unparalleled financial services to its clients. I am eager to contribute to your company’s success and look forward to the possibility of working with you.

Thank you for considering my application. I hope to have the opportunity to further discuss my suitability for this role in an interview.

[Your Name]

Entry-Level Writing Style Example

As a recent graduate from XYZ University with a Bachelor of Business Administration, I am well-equipped with the necessary knowledge and skills to excel in this role. My strong foundation in finance, economics, and accounting, combined with my enthusiasm for the banking industry, make me an ideal candidate for this position. Moreover, my experience as a customer service representative has honed my ability to work efficiently in a fast-paced environment, while maintaining a high level of accuracy and attention to detail.

During my time at XYZ University, I successfully completed courses in Corporate Finance, Investments, and Financial Markets, among others. My strong academic performance, as evidenced by my graduation with honors, demonstrates my commitment to learning and my ability to excel academically. Furthermore, I had the opportunity to intern at ABC Bank during my final year, where I gained valuable insight into various aspects of the banking industry, from customer service to financial analysis.

I am particularly drawn to your organization because of its reputation for exceptional customer service and its commitment to developing and nurturing the careers of its employees. I am confident that the skills and experience I have acquired, along with my passion for the banking sector, will enable me to make a significant positive impact as a Banking Associate at your company.

Thank you for considering my application. I look forward to the opportunity to discuss my qualifications in greater detail during an interview. Please find my resume attached for your review.

Networking/Referral Writing Style Example

I was recently referred to this opportunity by my esteemed mentor and your esteemed colleague, Mr. John Smith. As someone who has worked closely with Mr. Smith in the past, he felt that my skills and experiences align well with the requirements of this role and suggested I apply. I believe that this endorsement from someone who understands the standards and expectations of your organization demonstrates my suitability for this position.

During my tenure at XYZ Bank, I have gained valuable experience in financial sales, customer service, and relationship management. I have consistently achieved and exceeded sales targets, resulting in recognition and promotions within the company. Additionally, I have a strong understanding of banking regulations, policies, and best practices, which allows me to ensure accurate and efficient operations.

I have always admired your organization for its commitment to excellence, and I believe this dedication to quality is mirrored in the guidance provided by Mr. Smith. If offered the opportunity to join your team, I am confident that my skills, experience, and drive would make me a valuable asset to your organization.

Thank you for considering my application. I look forward to the opportunity to discuss my qualifications in greater detail and explore how my skills can contribute to the success of your team.

Enthusiastic/Passionate Writing Style Example

From the moment I discovered the world of finance, I was captivated by its intricacies and the potential to make a meaningful impact on people’s lives. I am eager to bring this enthusiasm to your team and contribute towards the growth and success of both your clients and the company. I firmly believe that my strong analytical skills, attention to detail, and commitment to excellence make me the perfect candidate for this role.

I have long admired your institution’s dedication to providing exceptional service, fostering growth in the community, and maintaining the highest ethical standards in the banking industry. I am excited about the opportunity to be a part of such an inspiring organization that values continuous learning and innovative thinking.

During my time as a Financial Analyst Intern at XYZ Corporation, I gained valuable experience in conducting detailed financial analyses, developing financial models, and presenting my findings to senior-level executives. These skills will enable me to effectively analyze our clients’ financial needs, identify growth opportunities, and present tailored solutions in my role as a Banking Associate. Furthermore, my strong interpersonal skills and ability to communicate complex information clearly and concisely will allow me to develop lasting relationships with our clients, ensuring their financial success and loyalty to our institution.

In conclusion, I am not only genuinely passionate about finance and servicing clients, but I am also highly motivated to contribute to your organization’s success. Your institution embodies the values and integrity I seek in my professional life, and I know my zeal and commitment to excellence will drive positive results for you and our clients. I would be honored to join your team and eagerly look forward to discussing my qualifications further with you.

Thank you for considering my application.

Problem-Solving Writing Style Example

I have closely followed the growth of your bank and am excited about the opportunity to contribute to its continued success. From my research, I understand that your company is focusing on expanding its digital footprint, synergy across product offerings, and enhancing the overall client experience. Leveraging my skills and experience in these areas, I am confident that I can add significant value as a Banking Associate at your organization.

Digital adoption in today’s banking landscape is crucial, and I can draw upon my three years of experience in implementing digital solutions at XYZ Bank. During my tenure, I played a pivotal role in driving a 20% increase in digital product usage among our customer base, resulting in improved efficiency and client satisfaction. My ability to identify innovative opportunities and execute them effectively will contribute to the ongoing digitization and innovation of your bank’s offerings.

To maintain a competitive edge, I understand that your organization is focused on creating synergy across various product lines, such as loans, insurance, and mutual funds. My background in cross-selling and upselling, where I consistently surpassed revenue targets by 15%, will enable me to effectively identify cross-functional opportunities and design client-centric strategies to promote collaboration between departments at your bank.

Furthermore, as a Banking Associate, I am keen to be involved in enhancing the overall client experience. My experience in fostering strong relationships with clients, prompt problem-solving, and providing exceptional customer service has resulted in an average client satisfaction rating of 93% throughout my career.

Enclosed is my résumé for your review. Thank you for considering my application for the Banking Associate position. I am looking forward to the opportunity for an interview where we can discuss my potential contributions in more detail.

Storytelling/Narrative Writing Style Example

As I walked into my local bank branch one sunny afternoon, I couldn’t help but feel a sense of belonging. The friendly smiles of the staff, the sound of coins clinking, and the sight of customers leaving with satisfaction reminded me of my passion for customer service and financial management. It was this very moment that I knew I wanted to pursue a career in banking, and I am confident that my background in finance and my dedication to helping others make me a perfect candidate for the Banking Associate role at your prestigious organization.

In my previous role as a Financial Analyst at XYZ Company, I was responsible for analyzing financial data, preparing reports, and providing recommendations to streamline operations. This experience, coupled with my Bachelor’s degree in Finance, has equipped me with the necessary skills to excel in the banking sector. My dedication to my work and my ability to adapt quickly to new environments were recognized when I was awarded the “Employee of the Year” accolade in 2020.

What truly sets me apart, however, is my unwavering commitment to customer satisfaction. I understand the importance of building long-lasting relationships with clients and ensuring their needs are met with the utmost professionalism. One afternoon, a distraught elderly client approached me, confused about her account balance. I patiently walked her through the details of her transactions, taking the time to answer all her questions and address her concerns. Upon seeing her relief and gratitude, I was reminded of why I chose this path in the first place.

I am excited about the opportunity to bring my skills and dedication to your organization as a Banking Associate. I am confident that my experience in finance and my passion for customer service will make me an invaluable asset to your team. Thank you for considering my application. I look forward to the opportunity to discuss my suitability for this role further.

Front Office Administrator Cover Letter Examples

Financial systems analyst cover letter examples, you may also be interested in..., operations team leader cover letter examples & writing tips, switchboard operator cover letter examples & writing tips, travel manager cover letter examples, customer service manager cover letter examples & writing tips.

Sample cover letter for Internship position at Citigroup

Corporate banking analyst.

I am a Mechanical Engineering undergraduate at the and I am writing to apply for a summer analyst position in Corporate Banking.

As an undergraduate, I have been involved in various academic and extracurricular activities where I have developed skills that have prepared me for such roles. For instance, I have been involved in a group project with people from different backgrounds where I coordinated with a team to build a virtual animal barn in Uganda. I was the initial team leader and created the blueprint to follow. It involved setting up meetings, brainstorming with the team, allocating tasks and deciding on the final course of action. The project was completed successfully and as a result, I learned the basics of project and risk management.

Moreover, I have been involved in another group project where I constructed part of an engineering product. It involved assembling the different parts, and presenting the product to an audience. This required me to conduct thorough analysis and research to meet the design standards and mange my time properly in order to assemble the product before the deadline. I have also worked as a charity fundraiser where I improved my soft skills as I talked to people all over the city.

I want to work at Citi because I feel that at one of the world’s biggest global bank, I would have the best opportunity to gain a broad experience of finance. It is a bank that offers various mobility and mentoring programs and exposes an individual to different facets of the industry. The bank emphasizes diversity and employs people from different backgrounds. I want the opportunity to meet and learn from interesting people at the bank whilst offering my skills from engineering. According to a forum I read on Citi’s employees, Andreas Kristofferson, a corporate banking analyst, highlighted the interesting people and globalism as what he loves the most about the bank.

Furthermore, I want to work in corporate banking because I will have the chance to contribute to products and services with global impact. From capital markets to derivatives and structured products, I would be able to gain an invaluable understanding of global market trends and have the chance to see how the bank tends to the needs of its clients such as multinational corporations and financial institutions.

Thank you this wonderful opportunity. I look forward to hearing from you.

Bank of America shareholders reject proposal to split CEO, chair roles

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Elon Musk visits China as Tesla seeks self-driving technology rollout

Tesla debuted the most autonomous version of its Autopilot software four years ago, but has yet to make it available in China, its second-largest market. Local rivals have been seeking an advantage by rolling out similar software.

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• Fewer than 1% of workers are estimated to be senior executives under the final rule.
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Layoffs could spike as one labor-market indicator says a recession is already here, market forecaster says

• The US may already be in a recession, according to Danielle DiMartino Booth.
• A steady rise in the unemployment rate above cycle lows signals a recession, she said. 
• Other forecasters have said the unemployment rate could reach 5% by year-end. 

The US could see a rise in layoffs, and there's one indicator in the labor market that suggests a recession is already here, according to veteran market forecaster Danielle DiMartino Booth.

The Quill Intelligence Research chief strategist pointed to worrying signs in the labor market, despite headline job growth remaining strong. The economy added 303,000 workers in March — but the jobless rate has steadily ticked higher, rising from a low of 3.4% in April 2023 to around 3.8% last month. 

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As of February, the labor market has been pointing to a historical recession indicator that flashes when the unemployment rate rises 0.35% above its cycle low and holds above that level for at least three months. That was the case for the 2008 recession, Booth noted, with the National Bureau of Economic Research dating the recession back to the month the indicator was first triggered.

"So we're in a recession, as far as the unemployment rate is concerned," Booth said, speaking in an interview on The David Lin Report last week.

Job cuts have climbed this year. Total layoffs and discharges rose nearly 10% year-over-year in February , according to Federal Reserve data — and worker firings could accelerate in the coming months, Booth predicted, given that layoffs typically surge as firms report earnings. 

She estimated that layoffs for the year could rise to 370,000 by the end of April. That would be the highest number of layoffs recorded over the first four months of the year since 2009, in the wake of the Great Financial Crisis, she said. 

Booth has been warning for months of a coming wave of job losses . Top economist David Rosenberg has also predicted that the unemployment rate could rise to around 5% by the end of the year as a recession hits the economy. 

Watch: How tech layoffs could affect the economy

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