You probably know that cover letters complement resumes and that recruiters just love asking for them. But why are cover letters important?
Well, because they are your chance of telling a story.
And let’s face it – listing different skills and achievements on your resume is essential. But connecting the dots in your cover letter and explaining what’s helped you gain expertise will make you stand out.
Read our proven Investment Banking Analyst cover letter tips and examples below.
How to write a Investment Banking Analyst cover letter that makes you proud
The secret to making your Investment Banking Analyst cover letter remarkable is to share your excitement about the company, the field, and the position.
It’s also a good idea to aim not to re-write your resume, but rather to build upon it and expand on your competencies.
Now, let's look at some other things that will make recruiters remember you.
Choose the right salutation and craft an introduction that gets you remembered
We advise you to address the cover letter directly to the person responsible for the recruitment process. If you don’t know their name, take some time to research it.
This will show that you’re attentive to detail and are willing to go the extra mile when necessary.
Here's a list of salutations you can never go wrong with. Note that some of them can be used even if you don’t know who the hiring manager is.
- Dear Mr. James,
- Dear Human Resources Manager,
- To the [team you're applying for] Department,
- Dear [company name] Recruiter
The introduction of your Investment Banking Analyst cover letter is what will get you remembered. But how can you make sure that your opening line is good enough?
Rumor has it, many people out there have started using phrases like “I found your job advert on website X and decided to apply” ever more often. But more importantly – that recruiters are already getting tired of it.
So instead of saying what everyone else is saying, we advise you to go for a more honest approach. Begin your cover letter by explaining what excites you about the company and how this excitement will help you on your journey towards success.
Don't skip on your Investment Banking Analyst soft and hard skills
When it comes to listing skills on a cover letter, there’s only one thing that could be said about it – do it in a well thought out way!
We mean, don’t just plainly list all your skills on your cover letter. Instead, link them to achievements and goals. Share how your expertise can add value to the team. Maybe even tell a personal story. It’s up to you.
Just make sure to include both soft and hard skills – especially the ones listed in the requirements section of the job advert. This will help you pass applicant tracking systems that screen documents for certain keywords.
Show that you did your research before applying
Proving that you are familiar with the company, its problems, and its goals is without a doubt one of the best ways to stand out.
If you want to show your passion for the company, mention how your skills and previous achievements can help the team grow.
It’s also worth mentioning how your experience can help resolve some of the most common industry issues.
End with a call to action
While a strong introduction makes a great first impression, a confident, yet considerate conclusion is essentially what will get you a callback.
There are different ways to end your cover letter. But remember – the closing line you choose should match the company culture.
Your safest bet would be going for traditional phrases like “Looking forward to hearing from you” or “Looking forward to your reply”. For bonus points, add a simple “Thank you for your time and consideration”.