Top Banking Cover Letter Examples

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
• Auditing
• Banking software
• Time management
• Collaboration
• Written and verbal communication

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.

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.

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.

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.