how to write a cover letter to a bank

Banking cover letter examples

If you’re hoping to land your next banking role, then you need a cover letter that’s right on the money.

In our step-by-step guide, we’ll share our top tips and advice for writing an impressive application.

We’ve also created some banking cover letter examples to inspire your own. Check them out below.

CV templates 

Banking cover letter example 1

Banking cover letter example 2

Banking cover letter example 3

These 3 Banking cover letter example s should provide you with a good steer on how to write your own cover letter, and the general structure to follow.

Our simple step-by-step guide below provides some more detailed advice on how you can craft a winning cover letter for yourself, that will ensure your CV gets opened.

How to write a Banking cover letter

A simple step-by-step guide to writing your very own winning cover letter.

Write your cover letter in the body of an email/message

When writing your Banking cover letter, it’s best to type the content into the body of your email (or the job site messaging system) and not to attach the cover letter as a separate document.

This ensures that your cover letter gets seen as soon as a recruiter or employer opens your message.

If you attach the cover letter as a document, you’re making the reader go through an unnecessary step of opening the document before reading it.

If it’s in the body of the message itself, it will be seen instantly, which hugely increases the chances of it being read.

Start with a friendly greeting

To start building rapport with the recruiter or hiring manager right away, lead with a friendly greeting.

Try to strike a balance between professional and personable.

Go with something like…

• Hi [insert recruiter name]
• Hi [insert department/team name]

Stay away from old-fashioned greetings like “Dear sir/madam ” unless applying to very formal companies – they can come across as cold and robotic.

How to find the contact’s name?

Addressing the recruitment contact by name is an excellent way to start building a strong relationship. If it is not listed in the job advert, try to uncover it via these methods.

• Check out the company website and look at their  About page. If you see a hiring manager, HR person or internal recruiter, use their name. You could also try to figure out who would be your manager in the role and use their name.
• Head to LinkedIn , search for the company and scan through the list of employees. Most professionals are on LinkedIn these days, so this is a good bet.

Identify the role you are applying for

Once you’ve opened up the cover letter with a warm greeting to start building a relationship, it is time to identify which role you want to apply for.

Recruiters are often managing multiple vacancies, so you need to ensure you apply to the correct one.

Be very specific and use a reference number if you can find one.

• I am interested in applying for the position of *Banking role* with your company.
• I would like to apply for the role of Sales assistant (Ref: 406f57393)
• I would like to express my interest in the customer service vacancy within your retail department
• I saw your advert for a junior project manager on Reed and would like to apply for the role.

See also: CV examples – how to write a CV – CV profiles

Highlight your suitability

The sole objective of your cover letter is to motivate recruiters into to opening your CV. And you achieve this by quickly explaining your suitability to the roles you are applying for.

Take a look at the job descriptions you are applying to, and make note of the most important skills and qualifications being asked for.

Then, when crafting your cover letter, make your suitability the central focus.

Explain why you are the best qualified candidate, and why you are so well suited to carry out the job.

This will give recruiters all the encouragement they need to open your CV and consider you for the job.

Keep it short and sharp

A good cover letter is short and sharp, getting to the point quickly with just enough information to grab the attention of recruiters.

Ideally your cover letter should be around 4-8 sentences long – anything longer will risk losing the attention of time-strapped recruiters and hiring managers .

Essentially you need to include just enough information to persuade the reader to open up your CV, where the in-depth details will sit.

Sign off professionally

To round of your CV, you should sign off with a professional signature.

This will give your cover letter a slick appearance and also give the recruiter all of the necessary contact information they need to get in touch with you.

The information to add should include:

• A friendly sign off – e.g. “Kindest regards”
• Your full name
• Phone number (one you can answer quickly)
• Email address
• Profession title
• Professional social network –  e.g. LinkedIn

Here is an example signature;

Warm regards,

Jill North IT Project Manager 078837437373 [email protected] LinkedIn

Quick tip: To save yourself from having to write your signature every time you send a job application, you can save it within your email drafts, or on a separate documents that you could copy in.

What to include in your Banking cover letter

Here’s what kind of content you should include in your Banking cover letter…

The exact info will obviously depend on your industry and experience level, but these are the essentials.

• Your relevant experience – Where have you worked and what type of jobs have you held?
• Your qualifications – Let recruiters know about your highest level of qualification to show them you have the credentials for the job.
• The impact you have made – Show how your actions have made a positive impact on previous employers; perhaps you’ve saved them money or helped them to acquire new customers?
• Your reasons for moving – Hiring managers will want to know why you are leaving your current or previous role, so give them a brief explanation.
• Your availability – When can you start a new job ? Recruiters will want to know how soon they can get you on board.

Don’t forget to tailor these points to the requirements of the job advert for best results.

Banking cover letter templates

Copy and paste these Banking cover letter templates to get a head start on your own.

Hello Harry

I am keen to showcase my interest in the Bank Manager position at Investec. With a distinguished career in the financial service industry spanning over 15 years, I am excited about the opportunity to lead a dynamic team, steer exceptional customer experiences, and contribute to the success of your company.

Throughout my career at Metro Bank, I have held progressively responsible roles, where I honed my expertise in optimising branch operations, client service, team management, and business development across all activities. Some of the significant contributions I have played throughout my time at Metro Bank include, increasing deposits by 30% through integrating targeted marketing campaigns and relationship-building strategies, developing training programs which enhanced branch staff’s cross-selling of bank products by 50%, and lessening annual expenses by £80K by negotiating favourable contracts with suitable vendors.

My passion for fostering a customer-centric culture has been the driving force behind my success, and I am confident that my collaborative approach and ability to build and maintain relationships will ensure continued growth for Investec as a whole. Thank you very much for considering my application and I hope to hear from you very soon regarding scheduling an interview.

Kind regards

Ellen Mount ¦ 07777777777 ¦ [email protected]

I hope you’re well. I am thrilled to apply for the Private Banker role at Santander, as advertised on Indeed. With a successful track record in wealth management and a deep commitment to delivering personalised financial solutions to high-net-worth clients, I am eager to contribute my expertise to your institution.

I possess 7 years of experience as a Private Banker at CitiBank, where I increased AUM by 20% since 2016, successfully generated £3M in revenue and exceeded individual/team targets through cross-selling financial products to clients. I also boosted CSAT scores by 10% within 3-months due to promptly addressing any complaints.

I am eager to leverage my skills to enhance your establishment’s reputation and ensure to its continued success. As a highly analytical professional, I thrive in dynamic market environments and excel at navigating complex financial landscapes. My dedication to providing exceptional service is matched by my commitment to stay abreast of industry trends and guaranteeing my clients receive the most relevant advice.

Thank you for considering my application and look forward to attending an interview at your convenience.

Simon Piles ¦ 07777777777 ¦ [email protected]

Good morning, Gary

I am excited to apply for the Junior Teller role at Fidelity Bank. I am eager to leverage my skills and commitment towards maintaining the high standards of service associated with your institution.

Throughout my academic journey and part-time experiences, I have developed a deep understanding of banking procedures, where I gained valuable insights into the importance of accuracy, confidentiality, and efficiency in handling transactions. As a recent HND Banking Graduate from Lincoln College, I possess theoretical knowledge in financial accounting and economics.

Additionally, I completed a one-year internship at TD Group where I was exposed to real-world cash handling, account management, and customer interactions. During this internship I assisted in the implementation of a new process for addressing inquiries that reduced wait times by 20%, as well as assuring a 100% record of compliance with bank policies which led to successful audits with no major findings.

Please feel free to reach out to me via email or by phone at your convenience to schedule an interview. Thank you for considering my application.

Lisa McKenzie ¦ 07777777777 ¦ [email protected]

Writing an impressive cover letter is a crucial step in landing a Banking job, so taking the time to perfect it is well worth while.

By following the tips and examples above you will be able to create an eye-catching cover letter that will wow recruiters and ensure your CV gets read – leading to more job interviews for you.

Good luck with your job search!

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

23 exemples de CV créatif pour 2024

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• Cover Letter Examples
• Bank Teller Cover Letter Examples & Templates for 2024

Bank Teller Cover Letter Examples & Templates for 2024

Our customers have been hired by:

You need a good bank teller cover letter to beat the competition. Because it’s tough out there! You can’t just say, “It's an application! Please read my resume.”  

You have to make your bank teller cover letter impressive from the top to the bottom. To do that, you'd need to follow some simple guidelines. We've gathered them all for you. Follow them, and your future manager will write “interview” on your bank teller cover letter in a metaphorical Sharpie.

This guide will show you:

• A good bank teller cover letter sample you can follow and customize.
• Tips for how to write your own great cover letter for bank teller jobs.
• Advice for nailing a bank teller cover letter teller with no experience.

Want to write your cover letter fast?  Use our cover letter builder. Choose from   20+ professional cover letter templates   that match your resume. See actionable examples and get expert tips along the way.

Create your cover letter now

Sample cover letter for a resume— See more cover letter examples and create your cover letter here .

Every great cover letter for bank teller jobs needs a matching resume. See our bank teller resume writing guide here: Bank Teller Resume: Sample & Writing Guide.

Also, check out these related cover letter guides: 

• Accounting Cover Letter Sample
• Accounting Internship Cover Letter Sample
• Accounts Payable Cover Letter Sample
• Finance Cover Letter Sample
• Financial Analyst Cover Letter Sample
• Business Cover Letter Sample
• Business Analyst Cover Letter Sample
• Investment Banking Cover Letter Sample
• Consulting Cover Letter Sample
• McKinsey Cover Letter Sample

Want to explore your options further? See our full selection of cover letter examples for every career:  Best Cover Letter Examples.

Now let's see a great example of a cover letter for a bank teller:

Sample Cover Letter for Bank Teller

Alice Weatherholt

Bank Teller 3414 Marshville Road Poughkeepsie, NY 12601 845-418-1827 [email protected] linkedin.com/in/aliceqweatherholt

Karyn Shipleigh Branch Manager Chase Bank 3730 Scott Street Poughkeepsie, NY 12603

Dear Ms Shipleigh,

I’m writing to you about your open bank teller position. I’d be thrilled to work as a teller at Chase Bank. I’ve been a customer at your Poughkeepsie branch for 10 years and your service and personal treatment are exceptional. My three years in customer service at ABC company have given me the bank teller skills you mention in your job ad—upselling, cash register operation, and record-keeping. In fact I regularly beat weekly upselling targets by 22% at ABC.

My manager frequently commended my upselling skills. She also assigned me to coach three other employees in cash register operation. That’s because I beat the team average for cash register accuracy by 35% in every quarter. I also handled all record keeping with zero errors, thanks to my natural vigilance and attention to detail.

I know Chase Bank is working to maintain its reputation as a customer service leader in the banking world. That makes this teller position the perfect fit for me. Using my existing customer service skills and money-handling skill set in the banking world will create a satisfying job where I can use my talents to the fullest.

Can we set aside some time to talk about how my upselling, cash register skills, and record-keeping can contribute to customer service excellence at Chase?

Sincerely, Alice Weatherholt, Bank Teller

845-418-1827 [email protected]

That’s a well-reconciled cover letter for bank teller jobs. Next, here’s how to write your own.

Bank Teller Cover Letter Template

Here’s how to write a cover letter for bank teller jobs that cashes in:

1. Use the right bank teller cover letter format

• 1” margins
• 1 or 1.15 line-spacing
• 11pt or 12pt font
• Arial or Cambria font

Read more: The Only Proper Cover Letter Format

2. Start with a professional bank teller cover letter header

In your bank teller cover letter header, put your:

• Name at the top left
• Phone & email
• LinkedIn or other relevant social media
• Sending date
• Employer’s address

Don’t know the employer’s name? Go hunting on LinkedIn or the bank’s staff page, or call the branch and ask.

Read more: How to Address a Cover Letter

3. Start your bank teller cover letter with a hook

• Use “Dear,” and the branch manager’s name.
• Make clear which opening you’re targeting.
• Spotlight your excitement for this exact job.

Read more: How to Start a Cover Letter the Right Way

5. Show you’re the candidate

• Learn what they’re after by closely reading the job announcement.
• Dig into company goals by reading their website.
• Prove you fit those by listing your biggest achievements that match.
• Include measurements like “22%” to show your skills are Fort Knox-sized.

What’s a good bank teller cover letter length? The Perfect Cover Letter Length

6. If you have no experience, tout non-bank jobs

• Show bank skills like register operation or customer service.
• Prove you have those skills with customer service or retail achievements.

7. Make an offer

In the ending of your cover letter for bank teller jobs:

• Offer to meet or call the hiring team.
• Keep their interest by promising to share more about how you’ll help.

Read more: The Best Cover Letter Ending Examples

8. End your bank teller cover letter with a professional signature

• Close with, “Sincerely,” and your first and last name + title.
• Add a digital version of your signature.
• List your email and your phone.

Writing a bank teller cover letter with no experience? Entry-Level Cover Letter with No Experience

Check back on your cover letter for bank teller jobs after you send it. Job Application Follow-Up: Examples, Dos, & Don’ts

A good teller cover letter can give you credit. But you need a solid resume to land the position. See this guide: Bank Teller Resume Sample & Guide

When making a resume in our builder, drag & drop bullet points, skills, and auto-fill the boring stuff. Spell check? Check . Start building a  professional resume template here for free .

When you’re done, Zety’s resume builder will score your resume and our resume checker will tell you exactly how to make it better.

Thanks for reading! Now it’s your turn. What’s your worst fear about writing a cover letter for bank teller jobs? Tell us the biggest challenge with making your bank teller cover letter. We’re glad to help!

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Top Banking Cover Letter Examples

• 30% higher chance of getting a job‡
• 42% higher response rate from recruiters‡

Our customers have been hired at: * Foot Note

Your compliance and regulatory knowledge go hand in hand with your persuasive speaking abilities. Whether you work as a loan officer, relationship manager or teller, your work helps small businesses, corporations and regular customers. It’s time to write a cover letter to highlight your interpersonal skills and banking abilities.

We’ll help you make a cover letter that complements your CV or resume. Find inspiration in our library of 200+ cover letter examples to get started.

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• Branch Manager Cover Letter

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CV examples for top banking jobs

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Use our cover letter examples as inspiration to write a perfect cover letter with our Cover Letter Builder. We guide you through each section of your cover letter and provide expert phrases you can include in just a few clicks.

Banking cover letter FAQ

What are some common skills required for banking jobs.

In the banking industry, hiring managers look for applicants with a mix of soft skills and hard skills .

Some of the key skills required in the banking industry include:

• Banking operations
• Financial analysis
• Risk management
• Payment systems
• Relationship building
• Attention to detail
• Banking software
• Time management
• Collaboration
• Written and verbal communication

What’s the ideal format for a banking cover letter?

A banking cover letter format is the same as a professional business letter format, which includes a header, salutation and closing. The body paragraphs are divided into the following topics: 

• Compelling introduction 
• Body paragraph explaining what you bring to the table 
• Closing paragraph with a thank you and a call to action 

Use action verbs and keywords from the job description to write the body of the letter. Make the writing process easier by using a professionally designed cover letter template and our Cover Letter Builder .

What qualifications and certifications do employers look for in the banking industry?

Employers in the banking industry typically look for candidates with a combination of education, experience and industry-specific certifications. A bachelor’s degree in finance, economics, accounting or a related field is typically required for entry-level positions in the banking industry. 

A master’s degree in business administration (MBA) or a related field is often preferred for mid to senior-level positions. In addition to your degree, you can pursue certifications aligned with your specialization, for example:

• Certified Public Accountant (CPA)
• Certified Financial Analyst (CFA)
• Certified Anti-Money Laundering Specialist (CAMS)
• Financial Risk Manager Certification (FRM)
• Certified Treasury Professional (CTP)
• Chartered Banker

Employers in the banking industry often look for candidates with relevant experience in finance, accounting or banking. They also look for candidates with strong analytical and communication skills, as these are essential for success in the banking industry.

What is the outlook for employment in the banking industry?

The outlook for employment in the banking industry varies depending on the specific sector and region, but overall it is expected to be steady in the coming years. According to the Bureau of Labor Statistics, financial occupations are projected to grow faster than the average for all occupations in the next decade. Additionally, around 911,400 jobs are projected to open each year in the next decade. 

As banks continue to digitize their operations and automate routine tasks, some jobs may be eliminated or changed. However, this may also create new opportunities for workers with skills in technology and data analytics.

The banking industry is highly competitive, and banks are constantly looking for ways to gain an edge in the market. This may lead to changes in staffing and hiring practices as banks seek to attract and retain top talent.

How do you write an investment banking cover letter?

An effective investment banking cover letter should demonstrate your experience and relevant skills such as financial analysis, time management and attention to detail. 

Here are some quick tips on how to write an impactful investment banking cover letter:

• Highlight your relevant experience: Use specific examples to demonstrate your deep understanding of market trends, regulatory issues and competitive landscape. Emphasize your knowledge of investment banking and highlight any previous internships or work experiences in the field.
• Demonstrate your passion for the industry: Express your passion for the industry and your motivation to succeed in the role. Explain how your financial skills and experience align with the company’s mission and values.
• Proofread and edit: Before submitting your cover letter, proofread and edit it carefully to ensure there are no errors or typos. Ask a friend or colleague to review it as well to get a second opinion on the content and formatting.

It is important to keep your investment banking cover letter concise and to the point. Avoid repeating information that is already in your resume.

How we reviewed this article

Since 2013, we have helped more than 15 million job seekers. We want to make your career journey accessible and manageable through our services and Career Center’s how-to guides and tips. In our commitment to bring you a transparent process, we present our Editorial Process .

• U.S. Bureau of Labor Statistics. Occupational Outlook Handbook. Business and Financial Occupations
• Vault Law. Article. Commercial Banking Overview
• CollegeGrad. Article. Banking Industry Jobs, Salary and Education Information

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Nilda Melissa Diaz, CPRW

Career advice expert.

Nilda Melissa is a Certified Professional Resume Writer who has written for The Washington Post and Latina Style Magazine. She has a master's in Journalism from Columbia University and is a member of the National Association of Hispanic Journalists.

‡ Results derived from a study responded by 1000 participants of which 287 created a resume online.

*The names and logos of the companies referred to above are all trademarks of their respective holders. Unless specifically stated otherwise, such references are not intended to imply any affiliation or association with MyPerfectResume.