According to 83% of hiring managers, cover letters are an important part of every recruiter’s decision-making process.
What’s more, 72% of them will expect you to hand in a great cover letter, even if this part is listed as ‘optional’ on the job advert.
And if you ask our experts, cover letters are an amazing opportunity to tell a personal story and make the right first impression.
But what exactly is a cover letter and how to write a good one? Let’s see…
Tips to write a memorable lending manager cover letter
There are several things you need to do if you want to make your cover letter stand out.
First and foremost, make sure to stick to a tone of voice that is either formal and more on the traditional side or completely matches the company culture.
Second, make sure you’re not just re-writing your resume. Rather, build upon it.
And third, focus on achievements and motivations, rather than plainly listing your hard skills.
Now, if you want to stay on top of your cover letter game, we’ve got some additional tips for you.
Choose the right salutation and craft a strong introduction
Choosing the right salutation for your cover letter is crucial – after all, it’s the first thing the hiring manager will read.
For this reason, we’ve gathered several classic salutations. Note that some of them could be used even if you don't know the hiring manager's name.
- To the Human Resources Department
- Dear [company name] Recruiter
- Dear Angela Stone
- To the Recruitment Team
We’ve all heard it – introductions are a big deal.
A good cover letter introduction can help you land an interview, while a bad introduction can ruin all your chances of getting your dream job as Lending Manager.
So what are the things that can make your cover letter stand out? Honesty, excitement, and motivation.
Show your motivation and excitement to join the company in an honest way. And if you think that’d suit the company – share your vision with the recruiter. Tell them how you think being part of the team can help both parties grow.
Emphasize your lending manager soft skills and mention your 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.
Prove that you're familiar with the company
How can you prove your excitement about the company? By showing that you’ve taken the time to research its issues, goals, and plans. You can also link them to your skills and experience if you want to show that you're really a strong candidate.
In addition to making a great impression, researching the company will help you find out if you really want to be part of this team or not. After all, interviewing is a two-way process.
End with a call to action
The last paragraph of your cover letter should briefly sum up the whole text. This is the time to express your motivation to get to the next step of the hiring process, but also your gratitude for the reader’s time and consideration.
You can be creative or use traditional closing lines here – it all depends on your preference and the company culture.