10 Commandments Of A Perfect Finance Resume
Join 1000's of Authors at StreetArticles Today!

10 Commandments Of A Perfect Finance Resume

How to get a perfect finance resume?

Over the past years I’ve met hundreds of people applying to finance jobs. They had much in common: all were smart, enthusiastic and ambitious. And they all had one problem: writing something at least close to a good-enough finance resume. The one that won’t be tossed in the bin immediately.

I worked hard with them on creating resumes that would be perfectly in line with what recruiters are expecting. Those that would highlight their achievements and appeal to the reader. And today I decided to release all of that work in a perfect finance resume template. The one that over the years has helped me to land jobs in top investment banks and finance institutions (think JP Morgan, Lazard, Deutsche Bank, Barclays, PwC and so on). If you are planning to get into finance – I seriously encourage you to see it. It’s already optimised for the right formatting, language, structure and so on. You can download the template here.

I have actually written a full 42-page Insider Guide on how to fill it in, what words and formatting to use and how to optimise it for the finance job. In this post I will give you a quick summary. 10 must-do rules from the Guide. Get prepared to perfect your CV.

Finance resume: 10 commandments

1. Keep your formatting boring.

When it comes to resumes many candidates really want to get creative. Understandable – such kind of resumes draw attention. Smiling photos, crazy designs, gigantic fonts and a complete rainbow of colours. All of this is a definite no. Finance is an old-fashioned field. Stay on the safe side. Black font colour, white background, 10-12 font size, bold or italics for highlighting achievements, print-friendly fonts. I cover more in the post on top mistakes made in the resumes.

What Insider Guide says: Bankers can be extremely quick when it comes to rejecting your resume. And formatting is usually the first opportunity to do so. Don’t let it slip – make sure your CV looks professional and formatting is consistent.

2. Never include your achievements in the Education section.

Because everyone does it. Extra academic achievements can be a huge differentiator in the resume selection. Make a separate section for it. This way the reader will immediately get an impression you are a candidate with excellent educational background. Remember that 50% of applicants who were not eliminated on the basis of under-achievement will all be academically brilliant. That’s why you need to make as much noise as possible about any supplementary academic accolades you’ve earned.

What Insider Guide says: Many students tend to think they don’t really have much to boast about. But with a certain degree of creativity I am sure you can find a dozen of examples that will distinguish you from other candidates. Just some of those mentioned in the Guide

3. List your achievements rather than duties.

The biggest mistake most applicants make is writing up the duties they had at their job.

Was responsible for sending daily updates.

Helped seniors to gather information.

This does not convey a message on why the firm should hire you. If you want to get the job – you need to show the impact of your work. It is understandable that during one or two internships you probably had little chance to achieve something impressive. But you have to frame your experiences in the way that shows you are able to deliver results. Work in a team, oversee tasks and deliver tangible outcomes.

What Insider Guide says: Think of it this way. You didn’t just do an industry research. You scanned over 100 market players assessing strategic options and proposing tangible solutions. And you were not a usual assistant in the sales department. You were ranked as the top sales assistant in your internship class.

4. Quantify experiences whenever possible.

Bankers respond well to numbers. Besides, it just looks more impressive when instead of writing “constructed new business development strategy that resulted in sales increase” you put in “constructed new business development strategy that resulted in 30% sales increase”.

What Insider Guide says: Quantify your work whenever possible, even for jobs outside of finance field. Show how much audience was reached, how many sales you made, how much money was raised etc. Don’t use vague terms such as “large” or “many” as they leave the reader with questions on exact numbers.

5. Use action words.

Words like “grew”, “doubled”, “exceeded” will immediately grab the attention of recruiters. Write in active tense rather than passive one: the active voice indicates you were in charge. Never use the word “tried”. Try to avoid the word “assisted” – it implies a more passive role, so “directed”, “led” or “executed” are preferred whenever possible.

What Insider Guide says: use a few of these 70 recommended action words on your resume.

6. Use Extracurriculars section to compensate for your weaknesses.

Use your Extracurriculars and Interests sections to compensate for possible weaknesses in your application. Try to pick a diverse set of activities to show the different angles of your personality.

What Insider Guide says: Think of it this way. If you have a particular strength – let’s say a strong GPA within your field of mathematics – you might want to show experiences that would counter that, like public skills or team management skills (think university debate team, leading volunteer projects etc). If you come from an unrelated background – demonstrate your dedication to finance (finance or trading club, attendance of finance-related conferences etc).

7. Always tailor your resume to banking.

Your resume should fit perfectly with what banks are looking for. Good university and suitable degree, finance-related experience, interesting and engaging personality and strong interest in banking – and particularly the firm you are applying to.

What Insider Guide says: getting all these right can be difficult – but always manageable. Just takes some creative thinking. I have a full guide on how to turn around bad grades, wrong uni or lack of work experience. Spend some time on making your resume look catchy for the bankers.

8. Show motivation on your resume.

Banks expect you to undertake research and highlight examples of the bank’s business strategy or culture (strong foothold in Asian markets, top position in energy sector, awards in corporate social responsibility, specific charity programs etc.).

What Insider Guide says: this is the hardest part of your finance resume. Most banks are quite vague about their values – and after all they are quite similar. Highlighting your motivation is also much easier done via cover letter. Nonetheless, you should at least try to tailor your resume. Have a look at the bank’s website (why choose us or why work with us sections), read profiles of people working at the firm, network and try to find out more information offline. Look for specific words or skills and then try to incorporate them in your resume.

9. Don’t neglect the bottom of your resume.

Carefully think about what interests to list. Many take this section as an opportunity to showcase again their academic excellence or interest in finance. Don’t. Interests section should be dedicated to your hobbies outside of work or studies. The worst you can do is writing that your interest is Excel (which, trust me, none of the bankers I knew ever said), creating a portrait of a complete nerd (which, trust me, rarely gets hired).

Second worst is listing common, boring hobbies. Avoid mentioning reading, travelling, sports or watching movies. This is something everybody does. Dig in on your hobbies. Be specific, and list a few that showcase your diverse interests. If you say your hobby is jogging or fishing it will be very difficult for the interviewer to connect with you. If, conversely, you tell that you ran London marathon twice or launched a small online business – the conversation will flow naturally and easy.

What Insider Guide says: check the selection of the most common cliche interests and some examples on how you can turn it around, making them more captivating.

10. Always check before sending.

50% of resumes submitted have typos in them. 97% of hiring managers reject on the basis of 2 typos. You can’t afford to let this slip – proof, proof and proof it again. There is a decent chance that by now you know your resume so well you probably won’t even notice another mistake. Just to be on the safe side – give it to someone to check.

What Insider Guide says: print your resume. Quite often resumes looks entirely different on paper than on the screen.

If you follow these commandments – your resume should be close to perfect. Download the template, fill it in and apply online. If you need more examples and actionable rules – check the full Insider Guide. Or just shoutout for help. We do provide tailored advice on writing and ibifying your resume and cover letter.

Article Source: IBhacker

Tags: resume, finance

Street Talk

No comments present
You May Also Like
Patriot Act Bank Supplies
The evolution of terrorism has caused legislators and government officials to ramp up security and create new protocols for handling and containing this problem. In 2001, President George W. Bush signed the USA Patriot Act into law. Believe it or not, this actually stands for : Uniting and Strengthening America…
By: 15STMKTG in  Finance  >  Personal Finance   Mar 22, 2016  
  Likes: 0

Understanding the Differences Between Trade Credit And Cash Credit
When running a business or looking for unsecured business lines of credit, it is important that you know the difference between cash credit and trade credit. At Corporate Cash Credit we offer both options, for two very different reasons. Whether you want trade credit or cash credit, or both the…
By: Cristia in  Finance  >  Personal Finance   Jan 21, 2016  
  Likes: 0

4 Great Ways to Remove Tough Stains From Dry Cleaner Sherman Oaks
After buying some popcorn and hot dogs you and your significant other sit in the front seats of the theater when you notice something dwelling on your shirt- it has a brand new stain on it! Now you won't be able to enjoy the movie, and your hubby has turned…
By: Jim Green2 in  Finance  >  Personal Finance   Sep 30, 2015  
  Likes: 0

Know More About Online Payment Modes And High Risk Merchant Accounts
Shopping is a part of everyone’s lives. It is something that we do inevitably to get through each and every day. But what’s fascinating about shopping is that it is evolving with us, and now, most people shop through the internet. If you have a business online and you are…
By: tisamit1 in  Finance  >  Personal Finance   Sep 14, 2012  
  Likes: 0

What You Should Know About Australian Discretionary Family Trusts
A discretionary family trust, commonly termed as a family trust, can sometimes be a highly effective framework regarding tax purposes as well as investment protection. Traditionally this type of trust seemed to be established by households carring out a family business, but more frequently in the present cultural and also…
By: NickFlynn in  Finance  >  Personal Finance   Aug 27, 2012  
  Likes: 0

2019 Forecasts 243 Exabytes Per Month
With the fast adaptation with today’s advanced technology, there is also an increase in monthly mobile data traffic as more and more people use smart phones and are online almost 24/7. While you might be thinking that today’s data subscription is heavy enough, take a look at what Cisco Visual…
By: Reynolds White in  Finance  >  Personal Finance   Aug 17, 2015  
  Likes: 0

Attracting Equity Partners for Strategic Success
As you consider the various types of funding for a new businesses or business expansion, one of the important questions that arise concerns control. How much and how often will the angel investors get involved in your business once the funding is approved? The answer depends on a lot of…
By: jaye barker in  Finance  >  Personal Finance   Jun 16, 2013  
  Likes: 0

Value Equals Purchase Plus Usage
Companies in the Service Industry that offer and sell intangibles are appreciating the need to monitor and evaluate how we use their services after paying for them because it is only when we experience the value from using it that we will buy more. Long ago, their counterparts in the…
By: Ekerete in  Finance  >  Personal Finance   Feb 24, 2012  
  Likes: 0

China Took Steps to Promote the Greater Use Of Yuan
According to some research, Yuan transactions between China and other countries are on the rise. We also see the massive growth of global yuan payments over the past year. According to the SWIFT (Society for Worldwide Interbank Financial Telecommunication), China’s yuan currency was the fifth most-used form of payment in…
By: epayglobal liang in  Finance  >  Personal Finance   Aug 13, 2015  
  Likes: 0

Is It Safe to Do Business In Mexico?
Most people have been exposed to the over-blown media portrayal of violence in Mexico; more and more people are becoming aware that these portrayals do not accurately reflect real life in most of the country. But then there is another side of things; what about the safety of doing business…
By: thomas lloyd in  Finance  >  Personal Finance   Sep 26, 2013  
  Likes: 1

Learn How to Save Money By Couponing
Anyone who has taken one glimpse at the Extreme Couponing television show has probably wondered how they can get in on it too. Considering that money is tight right now for the average family in America, many people have turned to couponing to save a little extra cash. Who wouldn't…
By: Laura Yates  in  Finance  >  Personal Finance   Dec 19, 2011  
  Likes: 3

Text Payday Loans Good Financial Management Unexpected Situation
Now, the clients are able to take the option of online mode for having the smooth authorization of the needed amount via the adoption of text payday loans. Lenders of these loans have their official websites where the applicants need to get themselves registered on the website of the lender.…
By: Ross Taylor4 in  Finance  >  Personal Finance   Nov 03, 2014  
  Likes: 0

Assistance Of Quickbooks Guru
The software QuickBooks is an efficiency tool that can assist in the management of financial data. This can help with bookkeeping, accounting and managing an individual income. You choose the type of account you prefer but usually QuickBooks setup can be accessed from a computer or the Internet. There are…
By: Quickbooks ability in  Finance  >  Personal Finance   Nov 27, 2013  
  Likes: 0

Choose the Reputed Fee Binary Option Signals Service Provider
Do you like stock trading? If so, you can easily obtain the information about commodities, stocks, Indices and currency pairings with free Binary Option Signals service. If you have a desire to imitate others with excellent records then binary option signals are exactly what you are require the most. Mainly,…
By: Darshana Samaraweera in  Finance  >  Personal Finance   Dec 20, 2013  
  Likes: 0

What Happens If You Declare Bankruptcy?
If you are planning on declaring bankruptcy in order to get rid of all the debts you have accumulated, you are most likely wondering what the consequences of declaring bankruptcy are. Declaring bankruptcy necessitates an informative decision as it is a major financial move that could seriously affect various aspects…
By: joymali in  Finance  >  Personal Finance   Dec 03, 2013  
  Likes: 0

Article Views: 1115    Report this Article