Lack of experience does not necessarily mean that you will not be considered for a good position in the financial industry. Many banks prefer hiring people at entry level positions so that they can train them in their own way. You will have a number of opportunities to work in a bank at the entry level position; depending on what your interest is, you could apply for a relationship manager’s job or that of a bank teller.
But first things first! You will need to write a compelling cover letter to accompany your resume when applying for a first banking job. While it may seem as if little or no experience is a deterrent in getting you the job, it is actually not a hindrance at all. Banks employ many people for entry level jobs and they know that experience is secondary in these circumstances – skills and aptitude are foremost.
Your cover letter should focus more on your skills than any related experience (an internship program perhaps) that you may have acquired over the years. You need to sell your banking skills and knowledge to the employer so there should be more concentration at this area.
For reference purposes, have a look at the cover letter sample for an entry-level banking position below:
December 4, 2014
Mr. Gregory Utah
Montecito Bank and Trust
202 Rio Rojo Road
Sunland Park, NM 88772
Dear Mr. Utah:
Like many recent graduates of a financial discipline, I am eager to begin my career with a banking giant. But unlike most others, I understand that a mere degree in finance is not sufficient in today’s highly competitive market which is why I have strived hard for five months to supplement my college education with a bank teller training program from the American Institute of Banking. Now that I have successfully attained my certification as a bank teller, I would like to apply for a Bank Teller job at Montecito Bank and Trust.
During the course of my education and subsequent certification program, I was given deep insight into how frontline tellers work. To the uninformed eye, it seems as if bank tellers just handle cash and check transactions; I have learnt that it is much more than merely this. I have been specifically trained in analyzing and synthesizing financial data prior to and after each transaction. This has made me adept at handling cash in a professional manner and manage any discrepancies that may arise due to the high volume of work that bank tellers are required to perform each day.
My collective knowledge has enabled me to hone my interpersonal and communication skills to develop core financial reports and cultivate positive relationships with clients. I believe that this bevy of information and training will work well towards the success of Montecito Bank and Trust. If you are interested, I would welcome an interview. I am available at (777) 777-7777 if you need to contact me.
Thank you very much for your consideration.