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Sample cover letter for Full Time position at CIBC

POSITION:

Commercial Banking Associate

Somanshu Prasad 

379 Assiniboine Road, ON
M3J 0A6

October 11, 2015

Dear Hiring Manager

This is to apply for the Commercial Banking Associate position in Toronto as advertised on Schulich’s career website. I am currently pursuing BBA at Schulich School of Business and am specializing in finance and economics. I am also registered to give the first level of CFA in December 2015. I feel my diverse work experience in 3 different countries makes me an ideal asset to your team.

  • MIAC, New York, United States:
    Over the summers, I worked in New York for a boutique investment bank called MIAC. There, I gained ample experience in getting meaningful information from large amounts of data. I learnt to build risk models for operational and market risk for mortgage backed securities. I also conducted cash flow valuations for mortgage backed securities containing hundreds of loans. My analysis had me use a combination of vlookups and pivot tables to stratify all the data based on the individual loan characteristics like FICO scores, interest rates etc. I had to use VBA extensively to build models for calculating ROE and risk.
  • Realized Worth, Toronto, Canada:
    In the past, I also worked in a consulting company called Realized Worth. I was regularly responsible for conducting research and presenting my findings. I managed to add value by improving the existing programs of large scale clients like United Nations and Apple in terms of both efficiency and cost. I also volunteered to work on a new revenue stream for the company in the form of cohort consulting. I was a part of the team that helped conceptualize cohort consulting.
  • Larsen & Toubro, New Delhi, India:
    I also have had previous work experience in accounting. I got hands on experience with audit and compliance through working at Larsen and Toubro which is India’s largest engineering company.

Academically, I have excelled in all my courses as well and have managed to maintain a good GPA throughout. I have gained a thorough knowledge of financial statements and their analysis through my courses. Also, my interest in stock markets has further helped me to gain a more hands on experience in portfolio management and the use of Bloomberg Terminal. I also have a strong quantitative background as a result of taking advanced math courses such as linear algebra, calculus as electives. In addition, I also have an interest in writing code. I have experience in multiple coding languages.

I feel I would be a good fit for the position because I have an inquisitive mind and a wide variety of interests including finance, astronomy, psychology etc. which is a good trait to have to work in a field like this. Also I have demonstrated that I am a team player on numerous occasions both academically and beyond. I would like to thank you for reviewing my application and I look forward to hearing from you soon.

Thanks

Somanshu Prasad



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