Finance Cover Letter Example

Writing standout cover letters is a vital part of the job application process. This is especially true when applying for a new position within the financial sector. A great finance cover letter can be the difference between being overlooked by a recruiter and getting the finance position you want.

According to a study conducted by Business and Professional Communication Quarterly, around 56% of employers prefer to read cover letters. This makes it all the more important to write a concise cover letter that catches the recruiters’ attention.

Crafting the perfect cover letter takes a lot of fine-tuning. Potential employers will take note of the effort you put into writing your letter, especially if you take the time to create a unique letter for every financial position you apply to.

There are five key elements to writing a good finance cover letter: a clear header with your contact information, a catchy opening paragraph, a list of your most impressive (but relevant) achievements and experiences, an explanation of why you are the perfect fit for the job, and a memorable call to action.

1. Header

The header should contain all relevant contact information such as:

• Name
• Phone number
• Email address
• Link to a portfolio or LinkedIn profile page (if available, and/or required by the company)

You will also need to include the contact information of the hiring manager or the company. This includes:

• Hiring manager’s name
• The company’s address
• The hiring manager’s email address
• Other relevant company contact information

This shows you have taken the time to research the company you are applying to. Hiring managers go through dozens of applications every single day. When you address them directly, you create a more personal connection that won’t be filtered out as easily.

2. Catchy opening paragraph

Writing the first paragraph of a cover letter can be tough. Knowing what and what not to discuss here is key. In this first paragraph, you need to grab the hiring manager’s attention.

Here are the phrases and information to include in the opening paragraph:

• Start with the pitch right away. What do you excel at?
• Mention a top experience or two that applies to the financial position you want
• Explain how you can benefit the hiring company

Here are phrases and information you should not include in the opening paragraph:

• “I am very interested in applying for this job.” The hiring manager has heard this phrase many times from other candidates’ letters.
• A lengthy anecdote about your skills or experiences. Cover letters need to be brief and to the point.

3. Some of your most impressive achievements

This is where you need to mention more experiences and skills that fit the position you want. Demonstrate your financial know-how by going more in-depth into what you’ve accomplished at previous firms or companies.

For example, don’t just say you interacted with customers as a teller. Explain how you assisted customers, helped senior staff, and aided others on your team in reaching their quarterly goals. This gives the hiring manager a better idea of your skills. Impressive achievements can also include things like how your expertise boosted revenue, how you closed a deal with a particularly difficult client, and other appropriate experience that applies to this new job’s duties.

You will also want to be concise. Cover letters should express who you are as a potential candidate at a short glance. It shouldn’t be more than one page at the most. If the recruiter does want to know more, they will then contact you for that coveted first interview.

4. Why you would be a perfect fit for this job

In this paragraph, explain how your current experience would benefit the company you are applying to. Whether you are applying for an internship or a much higher-level management position, it is always a good idea to tailor your experience to the job description as closely as possible.

With that mind, it’s also a good idea to look into the following:

• Company values
• Company mission statement
• Company work culture

This can give you an insight into what working for this company will be like. It can also demonstrate to the recruiter that you understand what sort of employee they might be looking for and tailor your cover letter to fit that role.

5. A call to action

The final paragraph is a call to action in which you reiterate your enthusiasm for the position and emphasise how you believe you would be a good fit. This last paragraph should stick out in the recruiters’ minds. You should write a sign-off that urges the recruiter to reach out to you for the upcoming job interview stage.

If you’re looking for more inspiration for your finance cover letter, CVHelp has plenty more cover letter examples and cover letter templates for you to use. Feel free to tailor these professional cover letters to best suit your needs and work experience.

John Doe

123 Harrington Court

London EC78 4XY

Mobile: 01632 960714

johndoe@email.com

Dear Mr./Mrs. Smith,

As a finance analyst professional with over 10 years of experience, I believe that I am a good fit for the Finance Analyst position at Example Bank.

I have advanced through several challenging positions within the finance field. My background includes key roles as a Teller in Kensington Bank and a Financial Analyst at HKSC, which have allowed me to master my communication skills, team development, and leadership abilities.

In my most recent position as a Financial Analyst at HKSC, I had the opportunity to develop the skills and experience necessary to succeed in the Financial Analyst role in Example Bank. Examples of my current duties include providing support to the senior analyst team via market research, client outreach, and setting up meetings between managers and executives.

My passion for numbers and knack for forecasting patterns makes me a valuable team member in my current position. Senior staff can attest to my dedicated work ethic and have requested my services on numerous occasions. I would be thrilled to support the staff at Example Bank as your newest Financial Analyst.

Please do not hesitate to reach out to me by phone or email to schedule an interview at your earliest convenience. I am looking forward to speaking with you, and thank you for your valuable time.

Sincerely,

John Doe