Cover Letters for Bank Jobs
Banking jobs are growing, and they are considered as respectable occupations in the society. The definition of banking these days has changed entirely. Now it is more than an institution where you can deposit or withdraw money. Banks have widened its horizon with the growing needs of economy. They have taken financial transaction to a new level whereby they offer advice to clients in investing their money. A new term called “Investment Banker” must be falling to your ears quite often. These are the positions that take your money and invest in projects that offer high returns on your money. No job in the banking field is regarded menial, and the staffs are commonly referred as “Banker.”
To have a banking job, one has to get training either in finance, accounts or management depending on the field of interest. However, since these jobs are popular, competition is very extreme. Therefore, with experience and qualification, you will require a good banking resume cover letter. An impressive cover letter could attract the employers' attention and help the job seeker in getting qualified for an interview. The following helpful tips will guide you in writing a banking cover letter.
Tips to write a resume cover letter
- There are many positions available in banks ranging from cashier, teller, loan officer, manager, financial counselor, investment banker, branch manager, etc. Make the cover letter specific to the position applied. This means you must add duties and responsibilities the particular job entails.
- If you cannot decide where to start and what to add, start outlining your skills. For example, a loan officer have to be good in mathematics and calculate all types of interests applicable on loan such as cumulative, flat, and recurring. He or she must also have a good eyesight to avoid any mistakes while adding or deleting numbers.
- After outlining and collecting enough details, focus on the cover letter format. Since banking jobs are serious, you must ponder on this aspect very keenly. Refer to the cover letter samples from banking industry and try to get a gist of it. Basically, a cover letter has three sections – introduction, body paragraphs, and conclusion.
- Pay attention to your tone. There is no room for casual or cocky tone in the banking cover letter. The HR manager will skim and skip through your letter as if he is in a hurry to catch a train. Include only relevant stuff. You can add financial words and jargons that are common in the banking sector. The employers must feel that you understand money not in cash form only, but in other forms as well such as mortgages, certificates of deposit, redemption, and anything the particular job position entails.
- Highlight and focus on your skills. Since banking is a service sector, you can add prior experience in customer service and job involving financial transaction. For example, you may be a cashier working in a restaurant where you are handling cash transaction, and payments through credit and debit cards.
- Let your people skills flow throughout the letter. You must show the employer that you are a trustworthy and responsible person, including your capability of convincing clients to invest in your bank.
- Don't let the readers think “Oh God, when can I finish this cover letter?” Hence, maintain the length to one page only. Furthermore, rectify grammatical and typo errors.
Apply these tips while writing a cover letter to get an edge over others.
Checkout our sample cover letters for banking jobs:
- Teller Resume Cover Letter
- Sample Banking Resume Cover Letter 1
- Sample Banking Resume Cover Letter 2
- Actuary Cover Letter
- Bank Accountant Cover Letter
- Bank Manager Cover Letter
- Bank President Cover Letter
- Bank Vice President Cover Letter
- Banker Cover Letter
- Banking Center Manager Cover Letter
- Bank Administrative Cover Letter
- Sample Teller Resume Cover Letter 1
- Sample Teller Resume Cover Letter 2
- Bank Teller Cover Letter
- Debt Collector Cover Letter
- Bank Examiner Cover Letter
- Personal Banker Cover Letter
- Head Teller Cover Letter
- Investment Banking Intern Cover Letter
- Tax Preparer Cover Letter
- Investment Advisor Cover Letter
- Investment Banking Analyst Cover Letter
- Private Banker Cover Letter
- Loan Officer Cover Letter
- Verifier Cover Letter
- Mortgage Broker Cover Letter
- Mortgage Processor Cover Letter
- Underwriter Cover Letter
I'm always pushing job seekers to use a relaxed tone in their cover letters. But sometimes a formal cover letter is the right way to go. This is one of those times.
Andrew's Cover Letter for My Review
Andrew sent me this cover letter sample, asking for my help with his entry-level job search.
With this covering letter and attached resume, I would like to express my interest in obtaining employment for an entry-level job position. I submit my qualifications and interest in working with your reputed institution. I have a Bachelor of Business Administration (BBA) Degree in Accounting from the African Methodist Episcopal University. It is often said that to operate effectively within a financial environment, one must be tenacious, analytical, and highly dedicated. I want to obtain a full position in a banking institution that will utilize my analytical and financial background. I can assure you that if given this opportunity, I would be pleased to apply my competencies to add value as a member of your team. I would relish the challenge of working for such a high-profile institution and admire your commitment to customer service.Thank you for your consideration. I look forward to you to arrange an interview.
Enclosures: Resume and References.
My Take on Andrew's Rather Formal Cover Letter
I really like the polite tone of your cover letter. Thank you for sharing it with us.
I have a few comments that I hope will make it a bit better.
- Although it was once common to start a letter with "Dear Sir/Madam" it is now considered old-fashioned. It would be better to start with "Dear Hiring Manager" or "Dear Manager."
- The word "reputed" seems a little too much (almost like flattery). I suggest you delete that word.
- It would be good to make a new paragraph with the sentence "It is often said...".
- Perhaps you could say "I would like to obtain..." instead of "I want to obtain...". It's just a little more gentle.
- See how it looks if you make another new paragraph with the sentence, "I can assure you...".
- In the same sentence, I suggest you delete "be pleased to" and "apply my competencies to" so it reads: "I can assure you that if given this opportunity, I would add value as a member of your team."
- In the next sentence, the word "relish" is not quite right. I suggest using "welcome" instead. Also, I suggest using "would uphold" instead of "admire."
- The last sentence needs help. Here's another way to close your letter: "I would very much appreciate the opportunity of a job interview."
The overall tone of your letter is bit formal, but I think it is appropriate given your field. It also hints that you are from a non-American culture. If I'm correct about this, then the tone of your letter is very good. If you want to sound more American (not something I'm pushing for) then think about rewriting the whole thing with a more relaxed tone.
A Quick Rewrite of Andrew's Cover Letter Sample
I took a stab at rewriting your cover letter, using the points above and making a few more edits. Here you go.
With this cover letter and attached resume, I would like to express my interest in obtaining employment for an entry-level position at ____ (name of firm). I have a Bachelor of Business Administration (BBA) degree in Accounting from the African Methodist Episcopal University.
It is often said that to operate effectively within a financial environment, one must be tenacious, analytical, and highly dedicated. I can assure you that as a member of your team, I would bring these attributes to your firm. I would welcome the challenge of working for such a high-profile institution and would uphold your commitment to excellent customer service.
Thank you for your consideration. I would very much appreciate the opportunity of a job interview.
Enclosures: Resume and References
I think this version keeps your formal tone while making your message a little more streamlined. I hope it helps you land that entry-level job you're looking for.
More Sample Cover Letters
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