Investment banking is a highly lucrative career to get into. However, it’s fiercely competitive and you’ll need to demonstrate in your application that you have the key skills and abilities that employers are looking for if you’re going to stand out from other candidates.
See Also: How to Write a Summary of Your Skills
Remember that there is a world of difference between a resume for an investment banking position and one for an accounting job. You might have a background in accountancy, but you’ll also need to show that you have a working understanding of mergers and acquisitions, financial analysis, valuations and the all-important experience in buy/sell research.
Keep in mind that investment banking hours are long and it’s a very stressful, demanding environment in which to work. You’ll need to show that you are willing and energetic enough to take on the challenge of such a position.
A good way of getting an edge over other candidates is by including some of the keywords used in the job advertisement in your resume and covering letter. For example, if the job advertisement states that the employer is looking for someone with good management skills, include this at the top of your covering letter and in your resume.
Here’s how to create a killer investment banking resume.
1. Education and Qualifications
In addition to your basic educational qualifications, list any special courses you’ve attended that are relevant to investment banking. Such courses would include; computer science, contract law, business administration, statistical analysis, business management, finance, and tax law.
2. Employment Background
Give details of your current position first and then any previous posts you’ve held. Place particular emphasis on duties and responsibilities that are relevant to the job you’re applying for. Remember to include references to any noteworthy accomplishments and successes.
In this section, cite any other relevant skills you have and provide examples of how you’ve demonstrated them. Think of things like managerial talent, your knowledge of tax laws etc and include reference to your personal skills too; motivation, attention to detail and your desire to succeed.
Some employers will have special needs especially if they are an international banking organization or are closely involved with government departments. If you have work experience that relates closely to these areas, remember to mention it. Experience and knowledge of government compliance will also be of particular interest, as there are many new financial regulatory and banking laws in place currently.
Another aspect of investment banking involves securing capital to fund investment. This particular area demands sales techniques, as well as financial knowledge so mention any aptitude for sales that you may have.
3. Personal Skills and Abilities
Employers look for specific personal attributes in candidates for investment banking jobs. In particular, the following skills are desirable:
- Communication skills
- People skills (management, personality, collaboration)
- Strategic thinking and planning
Cite examples of where you’ve used these particular abilities in your work and personal achievements.
It’s massively important that you stress your passion for finance and banking, and put across just how excited you are about working in the industry. The job requires enthusiasm and energy so make sure you illustrate that you have these qualities in abundance.
A major plus point in your application are positive letters of reference from previous employers that are relevant to the investment banking industry, as hiring managers need to be assured that they can trust you in order to work for their company.
In such a competitive job market, a good resume will help you to stand out from the crowd. Make sure you include what’s relevant to the position when quoting your skills and abilities, and highlight your enthusiasm for the industry as a whole as well as for the job you’re applying for.
Have you ever created a resume for an investment banker job? Did you mention anything else? Let us know in the comments section below.