1st September 2012
Dear Sir or Madam,
Re: Citi Capital Markets Origination Placement 2013
I am currently studying BSc in Business Administration at the University of Bath. I am writing to express my interest for the Placement Analyst position in Capital Markets Origination. Please find enclosed my CV in support of my application.
My interest in banking started in 2011, when I started attending insight days at top investment banks to find out more about the industry. I was fascinated by what I had learnt and so I decided to spend my Easter holiday taking part in a Spring Week Programme at Bank of AmericaMerrill Lynch. Although I had a brief overview of all the divisions within a bank, I found myself drawn to Investment Banking in particular. I was attracted by the combination of financial modelling and strategic thinking, as well as the transactional nature of the work, and so I was subsequently fast-tracked for a summer internship in IBD. However, after interning at an asset management firm and then at a stock brokerage this summer, I also developed a keen interest for the markets, which is why CMO is particularly appealing to me. The combination of markets, as well as project-based work is exciting and to be able to work for the best in this area would be highly rewarding. Moreover, I liked the people that I met when I visited Citi on an insight day organised by the Gateway newspaper. I was also attracted to the international aspect of Citi. For someone who has a global interest, the wide network that Citi has across the world is extremely exciting and motivating.
Through working alongside fund managers in my first internship, I was able to gain exposure to investor sentiment and explore how various factors may impact their decision-making. Then through working in equity research, I was able to gain a better understanding of how securities are valued and analysed. I wish to build upon these interesting experiences and narrow further into an area in which I believe would best fit my skills and characteristics. Having read the job description, I believe that I possess the necessary qualities in order to succeed in this role. I am a hardworking team player with strong quantitative and analytical skills. My ability to perform well under pressure and manage time effectively has developed through balancing my studies with several part-time jobs and many extra-curricular activities. Furthermore, my interpersonal skills and attention to detail have improved significantly through working in real work environments and dealing with client projects. In addition, having led a team of six interns during my first placement and chaired a society in my second year, I have also had experience in managing others and taking responsibility for their work.
With a willingness to learn and drive to succeed in banking, I feel that this would be an excellent opportunity for me to work with a team of experts, gain exposure to high profile deals and also develop a well-rounded set of analyst skills. In exchange for this, I would work hard, show openness to new ideas and add value. I hope that this has provided you with some insight into the person that I am and I hope I am what you consider to be a suitable candidate for this job.
Headquarters: New York, NY, United States
Size: 10000+ employees
Type: Company – Public (C)
Revenue: £5 to £10 billion (GBP) per year
Competitors: Bank of America, JP Morgan, Deutsche Bank, HSBC, Goldman Sachs, Morgan Stanley
Citi is more than a global financial services company. Itâ€™s an engine for progress. Join us, and youâ€™ll have the chance to get involved in progress in all its shapes and forms, right across the world. From the micro to the macro, from Australia to Zambia, the work we do has a real positive impact. Wherever you are and whatever you do, progress starts here.
Weâ€™ve built a world famous, trusted brand over 200 years of continuously evolving financial services. And today, our influence continues to grow: with financial operations in 160 countries and 100 currencies. We have 200 million different clients, including some of the biggest names in the industries, sectors, businesses and governments that we serve every day. It all adds up to an exciting place to be for talented, ambitious people who want to build a truly remarkable career.
Mission: Citi’s mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress. Our core activities are safeguarding assets, lending money, making payments and accessing the capital markets on behalf of our clients. We are Citi, the global bank â€“ an institution connecting millions of people across hundreds of countries and cities.
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