Cover letter for investment banking (5 samples)

By

Author bio

Page last updated: 2/11/2022

This blog post will show samples of “cover letters for investment banking.”

Samples of investment banking cover letters

To get an investment banking position, you need a well-written cover letter that showcases your passion for and dedication to the industry. When writing an investment banking cover letter, these are some of the essential things to include in your letter:

  • Address the employer with a formal salutation. For example, “Dear/Hello (name of the recipient or hiring manager).”
  • The next step is to state the position you are applying for and how you found the opening. 
  • Write a short sentence about why you’re interested in the position.
  • State your skills and work experience; ensure they are similar to the job position. When stating your skills, provide the accomplishment you have achieved. 
  • Conclude your letter with a forward-looking statement. For example, “I look forward to discussing the position further.”

Sample 1: “Investment banking cover letters”

“Ryan Towson

135 Main Street

Granville, North Carolina 55221

555.555.5555

ryan.towson@email.email

Jane Reynolds

Hiring Manager

Base Bank

71 Broadway Avenue

Granville, North Carolina 55221

Dear Jane,

With my previous experience as a financial analyst, I feel I’d be a fantastic fit for the open senior analyst position at Base Bank. My skills in research, leadership and communication truly qualify me for this particular job. I’m certain my experience and education, paired with Base Bank’s resources, will lead to profitable outcomes.

My time at Horizon Bank allowed me to develop and hone my analytical skills and work on some fascinating projects. Specifically, I was part of the team that led to a company-wide portfolio increase for all our customers. Additionally, I:

Increased the average rate of return for our customers from 9% to 11%.

Created thorough forecasts for our 10 largest clients, leading to an additional 5% of investment funds.

Led a team of three other analysts in developing an innovative new investing strategy that increased Horizon’s profits by 12%.

Base Bank is known in the industry for its commitment to customer outcomes and honest reputation in the banking industry. Since I have substantial knowledge in communication and analysis, I know I’ll be able to help Base Bank’s customers reach their short- and long-term investing goals while maintaining Base Bank’s stellar reputation.

I would love to speak further about the Senior Analyst opportunity at Base Bank and discuss in detail how I can help you reach your company and client goals.

Sincerely,

Ryan Towson”

Sample 2: “Investment banking cover letters”

“Dear Mr. Webb:

As a highly accomplished investment and financial strategist/advisor with experience managing accounts, conducting productive client consultations, and implementing effective financial strategies, I am well prepared to surpass your expectations. With this in mind, I invite Lighthouse Financial to consider the enclosed resume as you look to fulfill the Investment Banker role.

Throughout my 15-year career, I have successfully managed a variety of client accounts, recommending products and researching investment opportunities to generate optimal rates of return and stimulate lasting partnerships. My demonstrated success in advising clients on customized, effective investment strategies—along with my expertise in diverse financial trends and tools—positions me to make a significant and positive impact on your firm.

Highlights of my experience include the following:

Raising and structuring equity and debt capital for both public and private companies across various industries while serving as a chief advisor regarding mergers and acquisitions, divestitures, due diligence, and additional strategic initiatives/projects.

Facilitating the buying and selling of companies—or company divisions’to other entities and/or private parties.

Expertise in a variety of financial vehicles, including investment options, mutual funds and stocks, retirement plans, benefits, mortgage, and general banking.

Deep understanding of all facets of the investment banking process, leveraging strong, cross-level partnerships to advance clients’financial objectives.

Talent for assessing client needs and goals and developing effective and successful financial strategies designed to maximize returns and drive business growth.

Confidence, motivation, and superior communication skills to secure and retain clients, drive business growth, and propel teams to peak performances.

With my background in overseeing a generous account base, combined with my inherent understanding of financial performances and issues, I am ready to provide outstanding service for Lighthouse Financial and look forward to discussing the position with you in further detail.

Sincerely,

Brad M. McAndrew”

Sample 3: “Investment banking cover letters”

“[Today’s Date]

[Hiring Manager]

[Company Address]

[Company City, State xxxxx]

[(xxx)-xxx-xxxx]

[hiring.manager@gmail.com]

Dear [Mr./Ms.] [Manager’s Name],

My name is Jamie Hass, and I’m writing in support of my application for the Investment Banking Associate position at David Blair & Company. While a Bachelor’s Degree in Finance and a Master’s Degree in Business Administration have given me the fundamental knowledge necessary to be a successful investment banker, it’s the 2+ years at LTA Inc that’s significantly furthered my expertise.

Over the last 2 years as an analyst in the M&A division at LTA Inc, I’ve contribute meaningfully to 6 M&A deals totaling in excess of $3.8 billion, serving as the lead analyst in 3 of these deals. Apart from being integrally involved in valuation and financial modeling for these deals, I was also responsible for maintaining pitch books and ensuring that all stakeholders, both internal and external, had all the information they needed at the right time.

I’ve been praised by my seniors for the attention to detail and clarity in my reports, especially my executive summaries. One of the MDs termed my executive summary for a critical $1.3 billion M&A deal the “most well-written report I’ve come across in years.” I understand how critical data and reports are in decision-making, which is why approach writing even the simplest of reports or updates with utmost diligence.

Another facet of my personality that I’d like to highlight is my networking and people skills. I am proud of my ability to effectively interface with colleagues — be it peers or higher-ups — as well as clients, both actual and potential. In fact, I was assigned a summer intern to assist with my tasks while I was just 10 months into my analyst role, a first in my firm. This is a testament to how quickly I settled into my role and my manager’s faith in my people management abilities.

I’m now ready for a more impactful role in a larger firm, which is what motivated me to apply for the position you advertised. I’ll be happy to answer any questions you have in person or online, at your earliest convenience. I can be reached at (phone number) and (email).

Sincerely,

Jamie Hass”

Sample 4: “Investment banking cover letters”

“5022 Western Avenue

Chicago, IL 60648

312-555-1234

jay.bird@yahoo.com

August 21, 2018

Ms. Claudia Sunday

Goldman, Sachs, & Co.

85 Broad Street, 12th Floor

New York, NY 10004

Dear Ms. Sunday:

I read your advertisement on Bloomberg and would like to apply for the Associate position in Mergers & Acquisitions with Goldman Sachs. Goldman’s focus on strategic, financial and M&A problem-solving in addition to your culture of exceeding customer expectation by creating breakthrough creativity in an intense team-oriented, goal-driven and firm-first environment, is very attractive to me.

I have a strong, proven record of understanding and changing organizational systems, and working in unstructured and structured environments. My personality, integrity, leadership, strong analytical and planning skills have helped me successfully lead and manage teams to resolve major issues and finish large projects ahead of schedule and under budget. As a result of my in-depth financial and operational analysis, and resulting decisions, BMI became profitable for the first time after five straight years of loss.

At my most recent job, I convinced my SBU Director to close one of the plants after a thorough financial, operational and personnel evaluation. The harsh decision of laying-off 63 people to help save approximately $6M/year did not affect my decision/analysis. As a member of the senior staff, my responsibilities included making the division profitable by deciding on the future strategy for the whole division and improving operational effectiveness.

I look forward to an opportunity to meet with you. Enclosed is my resume for your review. If you would like additional information, I can be reached at 312-555-1234.

Sincerely,

Jay Bird”

Sample 5: “Investment banking cover letters”

“POSITION: Investment Banking Analyst

Dear Hiring Committee,

I am writing to you with regard to applying for the CIB Risk Analyst position and I am thrilled at the opportunity to present my portfolio for your consideration. I am strongly interested in the field of risk management and I am absolutely captivated by the idea of mastering this art at JP Morgan, the leading financial services company, especially after going over the very enlightening CIB risk challenges on JP Morgan’s website.

I am majoring in Financial Mathematics, and my background involves not only strong quantitative abilities but also keen social acumen and excellent communication skills, which were further enriched through my extensive experience as a student assistant. Even though this work experience did not directly relate to the financial field, it nevertheless became quite significant, since it helped me explore, grasp, and apply the concepts of office ethics, as well as team building and leadership skills. By nature, I am a planner and would feel comfortable working on projects involving heavy time management and task coordination.

Thank you for your time and consideration. I am very excited about this internship and would greatly appreciate the opportunity to discuss my qualifications. You may contact me at your convenience.”

Frequently Asked Questions: Samples of investment banking cover letters

How do you introduce yourself on an investment banking cover letter?

Example: “My name is Henry Applicant, and I’m applying for the open investment banking position listed on LinkedIn.”

What are the requirements for an investment banking position?

Investment Banker Skills

  • Financial Expertise.
  • Knowledge of relevant software.
  • Analytical thinking.
  • Good math skills and accuracy.
  • Problem-solving orientation.
  • Effective communication.

If you like this blog post, please leave your comments and questions below.

Citations

https://www.indeed.com/career-advice/resumes-cover-letters/cover-letter-for-investment-banking#:~:text=Dear%20%5Bhiring%20manager’s%20name%5D%2C,me%20for%20this%20particular%20job.
https://www.jobhero.com/cover-letter/examples/finance/investment-banker
https://resumegenius.com/cover-letter-examples/investment-banking-cover-letter