Subject: Application: Junior Equity Research Analyst, Industrials, [Company]
Dear [Recruiter's name],
I am writing to apply for the junior analyst position in your industrials team. I follow your notes on European capital goods companies, and your recent work on the order backlogs of [Listed Company] changed the way I look at their margins.
During my six-month internship at [Previous Firm], I updated the earnings models of [x] companies in the sector and prepared the results previews sent to clients before each publication. I also wrote the first draft of a note on the impact of steel prices on mid-cap equipment makers, which the senior analyst reworked and published.
Before finance, I studied mechanical engineering, which helps me in meetings with industrial companies. When a management team talks about capacity utilisation or a new plant, I can ask concrete questions about lead times and costs rather than only about the guidance.
I passed the AMF certification last year and I am registered for CFA Level II in [month]. I would be glad to show you a sample model or to discuss a company in your coverage during an interview.
Kind regards,[First Name Last Name][Phone][Email]