There have many claims that recruiting team never reads the cover letters, but a research has showed that the banks too these days read cover letters. Most of the people get rejected due to their cover letters. You can easily avoid the common mistakes and get your foot at the interview doorstep. Cover letters are very similar to test scores, a great score will not help you much, but a poor one will definitely kill your chances.
Whenever you are writing a cover letter remember that you are not writing your life story. You may have had an interesting life, but all the recruiting team wants you to do is simply get to the point. Tell them who you are, what you have done and why they should consider you. The recruiter will not be interested in knowing your favorite book, but all he/she cares about is whether you will be able to do your job or not.
Mentioning important skills is necessary, but adding every hobby, skill or interest of yours is worthless. Logic is the ideal key when you are selling yourself to someone and that is whole purpose of your cover letter. Therefore, you must never write a letter with a full stream of consciousness. An unimaginable number of cover letters are trashed just because they fail to present the background of the applicant.
The ideal cover letter should not be more than three paragraphs, but sometimes extensive experience can change the format, which is alright. Does not matter what your background is; just keep your cover letter logical, relevant and brief. Here is an example equity trader cover letter that will be helpful for you.
Your Contact Information
3857 Wilkinson Street,
E-mail id: email@example.com
Employer Contact Information
Mr. Miller Dorothy
Zen Financial Services
Date: June 2, 2011
Dear Mr. Dorothy,
I am writing this application to apply for the post of Equity Trader with your organization and submitting all the required documents for further perusal. I am confident that I will prove to be a good addition in your team. I will be able to bring all my latest knowledge of the markets, not only from the domestic front but also from the international market as well as knowledge that will be useful for Zen Financial Services.
Below is a short summary of my experience and qualifications, which you will find in detail in my attached resume:
I am aware of the fact that there are various different areas where the trader has to work and I have got the skills and experience to be multitalented trader. I assure you that I will be an asset to Zen Financial Services.
I would like to fix up a meeting with you at your convenience and time for discussing this job opportunity further. You can easily contact me at 485-189-1947 or e-mail me at firstname.lastname@example.org.
Follow the same method or make a new one. There are many different ways to write a cover letter. The only thing you need to take care of is keeping it precise, short and simple. Avoid typos and grammatical mistakes.