Analyst Cover Letter Examples
When seeking employment in the competitive financial industry, job seekers have to take every opportunity to be noticed. A strong Financial Analyst Cover Letter can capture a hiring manager’s attention enough to make him or her want to peruse your resume and ask for an interview.
A financial analyst cover letter explains why the applicant is interested in working for their only particular organization as well as include and showcase any relevant experiences and personal skills that relate them to the job they’re applying for. Your Financial Analyst Cover Letter should always demonstrate the knowledge of the company and the particular job you’re appearing for and should express a clear interest in working for the company.
Remember the cover letter is usually your first contact with a potential employer; therefore it is important that the letter is creative, engaging and stands out among other letters. Above is a job-winning financial analyst cover letter sample which you can use to create your own.
Finance is becoming a very highly competitive field with time, so chances are that financial analyst job hunters will be landing in an application pool of some seriously talented candidates. So how do you position yourself or give some extra edge for the best chance of landing that interview? It all begins with the impressive Financial Analyst cover letter.
CV Owl is complete without one, and a good cover letter (in any industry) can mean the difference between getting the job and remaining in the unemployment line.
Today, companies receive an average of 250 applications for each job posted, of which five job-seekers will be called for an interview, and only one may receive a job offer. That's some serious competition. Add to that the tidbit that recruiters typically spend less than 30 seconds skimming a candidate’s correspondence – a microscopic window of opportunity through which to make an impact. So it needs to be used wisely.
Potential employers want to know you’re truly interested to work for them, so generic letters and “cookie-cutter” templates are a sure way to land your application in the nearest trash can. To secure a job in finance, serious candidates need a dynamic cover letter (see The Complete Guide to Job Searching: Cover Letters) to grab the hiring manager’s attention. What you reveal here (or fail to) can make or break your first impression. In fact, if a letter doesn’t hit enough employer “sweet spots,” your potential boss might never get to the next page.
Above, is a well-nourished Financial Analyst cover letter example for a professional having job experience in the financial industry. The Financial Analyst cover letter sample can be a good sample for someone looking to apply in banking, finance, accounting, the management or international business fields.
The cover letter opens with a statement explaining how employees are the strength of a company. The next statement shows how the writer has demonstrated success in financial leadership.
The next paragraph focuses on personal skills that outline the job seeker’s proficiency in communications, analytical thinking, management and problem-solving.
In the third paragraph, the job seeker writes about a specific example of their success in a financial analysis project. The writer provides more details of their experience in risk assessment, global sales and distribution data. The candidate needs to explain how they can make use of strategic tools to create a financial forecast and implement an action plan.
A weak cover letter can greatly hinder your chances of getting the job of your dreams. However, a thoughtfully crafted document can help you outshine the other applicants. Focusing on industry-specific abilities and skills can help you catch the attention of potential employers. Get started by reading through this free financial analyst cover letter sample.
Good news for you as a job seeker: Jobs for financial analysts are projected to grow by 11% (or 32,200 jobs) from 2016 through 2026, which is faster than average, according to the Bureau of Labor Statistics (BLS). Geographically speaking, you'll find the highest level of employment for financial analysts in the following states: New York, California, Texas, Illinois, and Florida; and in the following metropolitan areas: New York City, Chicago, Boston, Houston, and Washington D.C.
When it comes to salaries, you can expect to earn a median wage of $84,300 per year, or $40.53 per hour, according to the BLS.
What to Include in a Financial Analyst Cover Letter
First, make sure that you are focusing on the detailed and tangible industry-specific experience that goes beyond the information provided in your resume. Use specific situations that demonstrate your capabilities.
Second, you want to use a professional tone and avoid clichés.
Finally, you want to thank the hiring manager for their time and invite them to further discuss your interest in the position. The idea, as demonstrated in the free financial analyst cover letter sample above, is to leave them thinking about you.
Industry-Specific Financial Analyst Skills to Include
A strong cover letter should be crafted specifically for the open position and desired qualifications. Here are a few common financial analyst skills that potential employers look for. You can use these to further add to the free financial analyst cover letter sample above.
- Analytical skills: You will be expected to analyze extensive data to improve investments or profits.
- Communication: You will be working with a range of clients who may not understand the industry jargon.
- Decision-making skills: You will be expected to respond to issues and make fast decisions.
- Detail Oriented: You will need to look at the full picture to identify even the smallest variances and numbers.
Cover Letter Tips for Financial Analyst Cover Letter
Looking for Financial Analyst jobs involves much of the similar efforts and challenges as searching for jobs anywhere else. By keeping in mind these general job searching skills, it won’t matter where you’re looking for workyou will be successful.
- Try increasing your online presence by going through some of the best and popular industry blogs and posting informed comments. Consider doing some of your own blogging if you are a good writer.
- Make sure to follow up by emailing and calling back the jobs you’ve applied for. A company not contacting you back is not the same as receiving an answer of no. “
- Even if you get rejected, consider it positive and take it as a growing opportunity and a chance for yourself to work somewhere even better. Whatever you do, keep a positive mindset and continue your search with the same passion.
- Don’t just wait for companies to interview you, but take charge and do some interviewing yourself. Setting up informational interviews can be a great way to find out the things you need to know about a company, and it never fails to make a strong first impression.
- While you should be on top of opportunities and changing developments, don’t settle or cut yourself short immediately once you land the first job there will be more to follow.
Financial Analyst Job Seeking Tips
There are a lot of strategies and techniques to keep in mind so you can have the strongest possible financial analyst cover letter. This brief list of some of the best financial analyst cover letter-writing strategies will be an invaluable resource as you apply for jobs as a Financial Analyst.
- Always use bullets while making use of lists when you write your cover letter. This is a standard format and it will help you keep track of how much information you’re including while keeping it organized.
- Stay away from Microsoft Word cover letter templates in your final version. They can prove to provide a good start, but using an unaltered template can make your cover letter look the same as a lot of others.
- Make sure to list the name of the school you received your education from, then the degree program and year of graduation. If you have completed some college, do not include that you graduated high school or obtained a GED.
- Don’t include irrelevant information like hobbies or what you do outside of work. Volunteering and membership in organizations is one thing, but being a master chess player will not help you get a welding job.
Financial Analyst Cover Letter Writing
The job of the financial analyst is to review the accounting documents and find solutions. Are you an analyst that is looking for undervalued equities or bonds? Does your analysis involve mitigating risk? Are you looking for weaknesses in liabilities, debt or cash flow? Maybe all of the above would apply to your past experience. Make sure you let the reader know what kind of analysis you do.
Did you find a way to save the company money? Did you find a way to capitalize on the corporation or reduce interest expense? Did you discover undervalued equities with low P/E ratios that led to investments with 20% annual gains?
Tips for Writing Financial Analyst Cover Letter
A financial analyst is a highly skilled and specialist role, requiring specialist skills and experience. This means that it is a lot less competitive than other roles but also means you need to have all the necessary qualifications and skills to be considered. The above financial analyst cover letter template is a good starting point for crafting your own cover letter for the financial analyst job. The following advice and tips will give you further insight into the elements of the above financial analyst sample cover letter.
- Presenting information and data is a key part of a financial analyst role and this should be reflected in your cover letter. Present it with a formal letter template and an easily readable font. Create the right impression from the moment the employer starts reading
- Try and use industry keywords and industry-specific language. This will show your knowledge of the field and assure the employer that you have the correct credentials.
- Throughout your financial analyst cover letter speak to the employer's needs. All the reader will be considering is how you can help them achieve their goals. Only share information that is relevant to the financial analyst job role.
- You have just eight seconds to gain the employer's attention. Start by outlining your relevant qualifications and experience, this is what they are most interested in. This candidate explains their academic achievements and years working as a financial analyst before briefly outlining some of their successes. At this point don't give away too much information, you want to leave it open for a follow-up conversation.
- Expand on this opening by explaining some of the successful work you have undertaken and for who.
- Now is the time to get specific with direct examples of the success you have had in your various projects. If you have statistics and figures to follow this up that will be better in the long-run, especially if these figures and be easily backed-up and proven.
- Explain your personal attributes that have added to your success before offering more examples of how this has helped clients. Make sure you summarize why all you have written makes you a good candidate.
- Close the letter by reminding the employer that you are a perfect candidate for the job and are willing to discuss the position further.
- Attention to detail is very important for this job role, so ensure you're proofread your financial analyst cover letter to pick up on any typos or mistakes before sending it over. If you fail to do this your application could be rejected for the simplest of reasons.
To make your financial analyst cover letter more impressive and reliable, you'd better share it in the formal PDF format as it won’t get distorted and ruin the experience of the hiring manager. You can free download the PDF cover letter templates in this page and then just make modifications to it. With PDFelement, the best PDF editor, you can make changes to the texts, images, signatures etc. in the templates easily.