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Market Analyst Cover Letter

Professional Market Analyst Cover Letter Example for 2024

Read for inspiration or use it as a base to improve your own Market Analyst cover letter. Just replace personal information, company application data and achievements with your own.

Mai Cole
Commercial Analyst
(558) 333-1333
Adelaide, Australia
Dear Eddy:

Re: Commercial Analyst role

Many thanks for taking the time to meet with me to discuss the Commercial Analyst position recently listed on Seek. Further to our conversation, I believe my prior experience in the oil & gas industry, along with the financial modelling skills acquired in a number of roles make me an excellent match for this Commercial Analyst position with Cooper Energy.

I bring demonstrated experience and qualifications in the field of economics, in directly relevant roles across a diverse range of functions. From rigorous financial assessments of companies and their strategic positioning within industry, to commercial analysis and optimisation of projects with complex unit economics (GLNG/Santos), I have 10 years of broad commercial experience, earned both locally and overseas.

An Adelaide local, my professional experience began in Frankfurt, where I worked for a prominent German investment bank, and then for one of the largest asset managers in the world. I became well versed at conducting market research, building complex financial models and then employing a variety of valuation methods to provide commercial insights. I believe the skills acquired in these roles will prove valuable in a commercial analyst role at Cooper Energy.

Returning to Australia in 2010, I held several positions with Santos both in Brisbane and Adelaide. The focus in Brisbane was on gas supply planning - essentially running an economic model, and working with upstream production profiles from a large and complex array of CSG wells to prioritise the cheapest gas molecules to feed through the downstream LNG plant. Returning to Adelaide in 2011 with Santos, I held the position of Markets Analyst. In this role, I was tasked with identifying trends in gas and oil markets, and providing high-level strategic responses to changes in the marketplace. This commercial-focussed role, which required consultation with numerous in-house functions, as well as external market research providers, was critical in determining the market risks the company faced due to changing and sometimes challenging market conditions. I formed part of the team responsible for formalising the strategic priorities of the organisation, optimising future growth and returns on investment, and preserving short term capital and operating spending during a budgetary constrained phase of the company’s growth.

I left Santos of my own accord approximately 6 years ago to pursue an entrepreneurial opportunity. Whilst this opportunity is financially rewarding and has helped me develop my financial analysis skills, I have recently made the decision to belong to something 'larger' and would relish the chance to use my previous experience to benefit Cooper Energy and work alongside colleagues with whom I have worked in the past, and respect.

Thank you for considering my application.

Yours sincerely,

Mai Cole

Would a good cover letter increase your chances of landing an interview? Yes.

Do we have any specific tips for Market Analyst applications? Yes.

Are cover letters the same as resumes, but longer? Definitely not!

So what are cover letters?

Well, great cover letters give you the opportunity to tell a personal story, while making the right impression and proving you’re the best candidate at the same time.

Need more details? Let’s dive deep.

Make your market analyst cover letter stand out

At first, you may think that the cover letter should repeat all information from your resume but in a story-like form. However, that’s not true.

Instead of re-writing your resume, you need to focus on making the right impression.

You can do that by talking about the skills that help you overcome challenges, your excitement when it comes to the industry, your past achievements, and your knowledge of the company.

Now let’s look at some other things that will make your cover letter stand out.

We've made an in-depth guide on what should your cover letter include that you can check out!

Use an appropriate salutation and write a powerful introduction

Addressing your cover letter to a person is always something you should aim to do.

But finding who's responsible for the recruitment process might not be the easiest thing. We get it.

In such cases, we advise you to stick to the gender-neutral cover letter salutations.

Here are some examples of suitable classic salutations:

  • Dear Ms. Smith
  • Dear Peter Roberts
  • To the [company name] Recruitment Team
  • Dear Hiring Manager

A noteworthy introduction is what will grab the reader by the collar and make them want to get to know you better.

But what’s the best way to begin your cover letter? Highlighting your excitement about the position!

Be honest and original – this will get you remembered. You can even link your excitement to the reasons why you’d like to grow in this exact field.

Don't skip on your Market Analyst soft and hard skills

While the resume is considered the best place to showcase your hard skills and achievements, the cover letter should tell a story and prove your enthusiasm for the field.

This is why we advise you to focus on soft skills and results. Think about all your soft skills and how they have helped you grow as a professional and crush your goals. Then turn this into your own very short success story.

Make sure to include some hard skills too, especially the ones listed as part of the requirements section of the job advert. This will guarantee that you pass applicant tracking systems (ATS) that screen applicant documents for keywords.

And remember – the cover letter should include new information without repeating your whole resume. It needs to offer additional value to the recruiter.

Show that you know the company and its problems well

Showing that you’ve researched the company and are familiar with it is a good way to prove your work-readiness.

It will also point the recruiter to the fact that your skills and qualifications will have a long-term impact on the company. Just link some of your strengths to the ways in which current or potential issues can be resolved.

End with a call to action

Ending your Market Analyst cover letter in a suitable way can help you land an interview. Why? Because strong endings portray applicants as considerate and, what’s even more important – passionate about the job.

Just make sure that your ending (just like your cover letter’s body) matches the company culture. If you prefer to be on the safe side, go for traditional closing lines such as “Looking forward to hearing from you”.

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Check out our Market Analyst resume examples or hire an expert to help you.

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