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Urgent Cover letter help for Credit Suisse

jacksparrow992's picture

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Hi guys, I've written a 1st draft for my cover letter need advice on how to improve it please tell me what I could change or improve. Many thanks.

See bottom of page for original letter.

Basic Guidelines For Your Cover Letter

Instead of focusing on you and your accomplishments, start off by presenting why you think you’d be a great fit for the company. What is it that attracted to them? Why do you want to work there? How do you see yourself there? Your cover letter should demonstrate that you’ve thought about these things. It should be thoughtful and thought-provoking if you want it to be read. Remember, you want them to want you.

We will use the user submitted cover letter as a reference point here.

Make Sure Your Work Intensions Are Clear

Make sure you are clear about what you are applying for or would like to be placed. An organization can’t hire you if you yourself don’t know what you want. Using the example above, it is unclear if they want to do trading or sales. Are you interested in micro or macro scale projects?

TLDR: Even if you don't know either, you should still communicate that you are aware of the various roles and the rationale for going into either.

credit suisse cover letter example

Start with the roles and products you’re interested in and build from that. Build your story with these goals in mind and use them to describe how you will be able to contribute.

Proofread Your Cover Letter And Eliminate Filler

This should go without saying but to reiterate, your cover letter is your first impression. There should be no spelling or grammar mistakes or typos of any kind. For most people, this would be an automatic deal breaker. The same goes for filler. Take for example ‘commercially acute’. What does that even mean and who are you to determine this? ‘Natural flair for numbers’? If you’ve done the work, your test scores will reflect this. The same goes for ‘rigorous academic training’.

A good cover letter should reflect what your resume cannot. It is how a potential employer can get to know you without meeting you. Throwing together a bunch of meaningless words for dramatic effect will not have the effect you are hoping for.

https://www.youtube.com/watch?v=mxOli8laZos

Further, be specific in your language choice, “… I was impressed by your culture and your growing position in the financial industry.”. What are you impressed by? What aspects of their culture are you drawn to? Are they known to be great for mentoring? Are they kind? Is it a laid back work culture? What specifically makes you want to be part of it? Vague descriptors suggest you didn’t do your research.

Don’t Overstate Your Abilities

While you want to be forward about your abilities you also need to be realistic. As an intern, you aren’t likely going to be making any significant contributions. You’re there to learn so displaying some humility shows that you are honest about what you have to offer and that you’re not going to over-sell and under-deliver.

Most employers can see through padded applications and are unimpressed by wordiness. They want you to get to the point and get a clear understanding of who you are before they decide whether or not they want to meet you. The ‘extra stuff’ serves more as a deterrent than a selling feature.

Original Post

Dear Recruiter,

After carefully researching your business and its growing position within the market, I am writing to outline my keen interest in the Fixed Income Sales & Trading summer internship program at Credit Suisse.

I am extremely commercially acute and a highly motivated person with a natural flair for numbers. Through my previous internship with [Company name] as an Analyst I acquired the ability to work in a very competitive and a highly pressured work environment. Furthermore, I worked with a team of senior Analysts to solve challenging problems such as production loss and accurately forecasted [Conutry’s] domestic Oil and Gas demand that helped increase oil production by 10%.

The Sales & Trading summer program appeals to me due to my rigorous academic training and previous work experiences. These have provided me with a very strong background in the mathematical techniques required to successfully synthesise and analyse complex financial data. Whilst working in retail as sales associate I regularly interacted with clients and consistently gave excellent advice on products, which increased sales by 20%. As Credit Suisse aims to focus on client centric strategies I feel confident that my breadth of skills will enable me to contribute to the Sales & Trading team by strengthening its coverage of key clients and offering comprehensive financial solutions.

After Speaking to [employee name] a [Position in the bank] at Credit Suisse I was impressed by your culture and your growing position in the financial industry. I believe the recent transformation in your fixed income portfolio will generate attractive returns and help maintain greater financial stability in the future for Credit Suisse. Therefore I am keen to be part of the summer internship program in Sales & Trading, which will provide an ideal opportunity for me to expand my knowledge of fixed income and allow me to make a very significant contribution to the firm’s growth.

Thank you for your consideration and I hope to hear from you soon.

Yours Faithfully [My Name]

Read More About Cover Letters On WSO

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negati7epledge's picture

TLDR: your focus/starting point in this CL is what YOU have done, which I am not necessarily interested in. What the person reading the CL wants to see is how you will fit into their organization, and your CL should demonstrate that you've given it some thought. Any details about your experiences should be included only if it backs up your pitch .

Do you want to do trading or sales? Do you want to do a macro or micro product? Even if you don't know either, you should still communicate that you are aware of the various roles and the rationale for going into either.

In terms of organizing your CL I would start with the roles/products you're interested in, and then craft the story of your previous experiences in a way that supports your specific interests.

There is a lot of filler bullshit, e.g. "commercially acute" - really? who are you to know this? "natural flair for numbers" - your GPA and standardized test scores should reflect this. you shouldn't have to talk about it "rigorous academic training" - again, really?

What about their culture? Are they nice? Chill? Helpful? Willing to teach? Be specific

"Transformation in your fixed income portfolio" - you mean the shift away from high-RWA business lines like FI? Sure, maybe RoE on the overall bank will improve, but if you want to go into FI S&T at CS , how is that a big plus factor for you?

No, you are not going to "make a very significant contribution to the firm's growth" anytime soon. Your purpose as an intern is to learn, stay out of the way, and help out any way you can. Even if you don't explicitly say that, that humility should come across in your CL.

Might sound harsh, but take it from someone who received a double digit number of front-office offers throughout college. It will help.

mrb87 - Certified Professional

I would ding you in a minute. "Commercially acute"??? "Flair for numbers"??? Is English not your first language, or do you just not know what words mean?

Beny23's picture

"Commercially acute", "Flair for numbers" please change these to normal sounding English. You can't be flamboyant in your CL. It sounds like: http://finance.yahoo.com/news/tenacious-summer-analyst-applicant-got-la…

OverlyAdjustedEBITDA - Certified Professional

Your letter is likely overestimating what you could contribute

tropos - Certified Professional

I think it's a lot better than most, but I would emphasize more about why S&T and why FI and what you could contribute to that. Reading it, I'd be concerned that you'd want to switch into IB or AM . That's just how it reads.

Arthur92's picture

Do you think it's ok to mention an employee you talked with in a cover letter?

Banking Sucks Guys's picture

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Practice Assessment Tests

Free assessment tests to get you prepared, how to pass credit suisse job interview and online assessment: the comprehensive guide.

credit suisse cover letter example

  • The Credit Suisse Assessment Test is a critical part of the hiring process, designed to evaluate essential skills such as numerical reasoning, verbal comprehension, and situational judgment.
  • Success in these areas reflects a candidate's ability to handle complex financial data, communicate effectively, and make sound decisions in real-world banking scenarios.
  • Preparation for this test is crucial, as it not only enhances performance but also boosts confidence, thereby increasing a candidate’s chances of aligning with Credit Suisse's stringent hiring standards.
  • Thorough practice using relevant test materials can significantly improve a candidate's ability to navigate the challenges of the assessment, demonstrating their potential as a valuable asset to the team.

What is Credit Suisse

Credit Suisse is a leading global financial services company, providing a broad range of financial products and services to a wide array of clients, including corporations, governments, and individuals. Here's a detailed summary of Credit Suisse, including its founding, mission, key products, significance in the industry, latest achievements, and what sets it apart from competitors.

Founding and History

  • Founding : Credit Suisse was founded in 1856 by Alfred Escher under the name "Schweizerische Kreditanstalt" in Zurich, Switzerland. The bank was originally created to fund the development of Switzerland's rail system but quickly expanded into a full-service bank.

Mission and Vision

  • Mission : Credit Suisse's mission is to set new standards in partnering with clients and providing expert advice. It aims to leverage its global presence, deep expertise, and integrated capabilities to deliver the best outcomes for its clients.
  • Vision : The bank focuses on being a trusted partner for its clients, helping them grow sustainably and responsibly while adhering to the highest standards of governance and ethics.

Key Products and Services

  • Investment Banking : Credit Suisse provides a range of investment banking services, including advisory services for mergers and acquisitions, restructurings, and other corporate finance matters.
  • Private Banking and Wealth Management : The bank offers comprehensive advice and a broad range of investment products and services tailored to the complex needs of high-net-worth individuals globally.
  • Asset Management : Credit Suisse offers asset management solutions across a range of asset classes and investment styles, catering to institutional, retail, and high-net-worth clients.

Significance in the Industry

  • Innovative Leader : Credit Suisse is recognized for its innovative approach to banking and finance, consistently developing new products and services that meet the changing needs of its clients.
  • Global Influence : With operations in over 50 countries, Credit Suisse plays a critical role in global finance and has a significant impact on financial markets around the world.

Latest Achievements and Milestones

  • Financial Performance : Despite various challenges, Credit Suisse has shown resilience with strong financial performance, reflected in robust earnings and solid capital ratios.
  • Sustainability Initiatives : Credit Suisse has committed to various sustainability goals, including net-zero emissions in its operations and financing activities by 2050, aligning with global efforts to combat climate change.

Differentiators from Competitors

  • Client-Centric Approach : Credit Suisse differentiates itself by its deep commitment to client service, emphasizing personalized advice and solutions tailored to each client's unique situation.
  • Integrated Global Bank : Unlike some competitors that specialize in either commercial or investment banking, Credit Suisse offers integrated services across private banking, investment banking, and asset management, allowing it to serve clients more holistically.
  • Focus on Sustainability : The bank has taken significant strides in integrating sustainability into its business model, setting it apart from competitors by addressing environmental, social, and governance (ESG) factors directly within its core business practices.

Credit Suisse’s comprehensive approach to banking, combined with its commitment to innovation, sustainability, and client service, ensures its continued relevance and leadership in the financial sector. This strategic positioning not only helps Credit Suisse maintain a competitive edge but also contributes to its longstanding reputation as a pillar of global finance.

Hiring Process

The hiring process at Credit Suisse is comprehensive and designed to ensure that candidates not only have the necessary skills and qualifications but also fit well with the company's culture and values. Here is a detailed overview of the typical steps involved in the hiring process at Credit Suisse, from application to hiring decision:

1. Application Submission

  • Process : Candidates apply through the Credit Suisse careers portal where they submit their resume and any other required documents. Some positions may also require a cover letter.
  • Unique Aspects : Candidates should ensure that their application specifically addresses the skills and experiences listed in the job description, as Credit Suisse uses sophisticated tracking systems to filter applications based on relevance and keyword matching.

2. Online Assessments

  • Process : For many roles, particularly at entry and junior levels, candidates are required to complete online assessments. These may include numerical reasoning, verbal reasoning, and situational judgment tests.
  • Unique Aspects : These assessments are designed to gauge a candidate’s aptitude and suitability for a career in finance and banking, reflecting Credit Suisse's focus on hiring individuals who can thrive in a data-driven environment.

3. First-Round Interview

  • Process : Candidates who pass the online assessments are invited to participate in initial interviews, which may be conducted over the phone or through video conferencing.
  • Unique Aspects : This stage often involves discussions about the candidate's experience, competencies, and their understanding of the financial industry, with a strong focus on behavioral questions aligned with Credit Suisse’s values.

4. Assessment Center/Technical Interviews

  • Process : Depending on the role, candidates might be invited to an assessment center, which can include group exercises, presentations, additional psychometric testing, and technical interviews.
  • Unique Aspects : This step is particularly crucial for roles requiring specific technical knowledge, such as those in investment banking or IT. Candidates should be prepared to demonstrate their problem-solving skills in real-time.

5. Final Interview

  • Process : Candidates who perform well in the previous stages are invited to final interviews with senior management or team leaders. These interviews can be more in-depth and focus on determining the candidate's potential fit within the team and the company culture.
  • Unique Aspects : This stage often involves discussions about Credit Suisse’s core principles and how the candidate’s career aspirations align with the company's strategic goals.

6. Background Checks and References

  • Process : Before making an official job offer, Credit Suisse conducts thorough background checks and reference checks to verify the candidate’s previous employment, educational qualifications, and any regulatory requirements relevant to the role.
  • Unique Aspects : The thoroughness of this process reflects Credit Suisse's commitment to compliance and integrity within its workforce.

7. Job Offer

  • Process : Successful candidates receive a job offer, which includes details about salary, benefits, and other terms of employment.
  • Unique Aspects : Offers are often negotiable, and Credit Suisse provides candidates with ample information to make an informed decision about joining the company.

Duration of the Process

  • Typical Length : The entire process can take anywhere from a few weeks to several months, depending on the role and the number of applicants.
  • Factors Affecting Duration : Factors that can extend the duration include the availability of interviewers, the number of assessment stages, the depth of background checks required, and the responsiveness of references.

Candidates considering a career at Credit Suisse should prepare thoroughly at each stage, particularly focusing on how their personal values align with the company’s ethos. Being aware of these steps helps candidates navigate the process effectively, ensuring they present themselves as well-rounded applicants suited to Credit Suisse's high standards.

Navigating the Application Process

Navigating the application process at Credit Suisse involves several key steps to ensure your application stands out:

  • Tailoring Your Resume and Cover Letter : Customize your resume and cover letter to highlight experiences and skills that directly align with the job description. Use keywords from the job posting to ensure your application is optimized for applicant tracking systems.
  • Understanding the Timeline : The hiring process at Credit Suisse can vary from a few weeks to several months, depending on the role and number of applicants. Prepare for each stage, from initial online assessments to final interviews, and be patient throughout the process.
  • Contacting for Questions : If you have questions at any stage of the application process, it's advisable to reach out to the HR department or the recruiter assigned to the position. This contact information is usually provided when you apply or after initial communication.

These steps can help streamline your application process, making it more efficient and increasing your chances of success.

Assessment Test

The Credit Suisse Assessment Test , specifically designed by Cut-e (AON), is crucial for applicants to undergraduate or graduate programs within the bank across EMEA and APAC regions. It includes numerical and verbal reasoning tests, with an additional chatAssess Analyst test for analyst roles. The numerical test challenges candidates to analyze data under a strict time limit, while the verbal test assesses the ability to process and evaluate written information quickly and accurately. The unique structure and the rigorous nature of these tests, including penalties for incorrect answers, make thorough preparation essential for success.

The Credit Suisse Assessment Test is part of the hiring process designed to evaluate potential employees for various roles within the bank. This assessment typically aims to ensure that candidates possess the necessary skills and aptitude required for the specific demands of their prospective job roles. Here's a breakdown of the format and primary objectives of this test:

  • Online Aptitude Tests : These often include numerical reasoning tests, where candidates must interpret data, graphs, and charts; verbal reasoning tests that assess the ability to understand and analyze written information; and logical reasoning tests to evaluate problem-solving capabilities.
  • Situational Judgement Test (SJT) : This part of the assessment presents candidates with hypothetical, work-related situations, requiring them to choose the most appropriate response or rank responses in order of effectiveness. This test assesses situational awareness and decision-making skills.
  • Personality Questionnaire : Designed to understand a candidate’s preferred working style and how it aligns with the bank's culture and values.
  • Technical Tests : For certain positions, such as those in IT or quantitative finance, candidates may be required to take technical tests relevant to the specific skills needed for the role.

Primary Objectives:

  • Skill Assessment : To rigorously evaluate a candidate’s proficiency in key areas relevant to banking such as quantitative analysis, logical reasoning, and communication skills. This ensures that candidates can handle the complex and dynamic challenges they will face in their roles.
  • Cultural Fit : To gauge whether a candidate's personality and professional behavior align with Credit Suisse's corporate culture and values. This is crucial in maintaining a cohesive work environment and ensuring team compatibility.
  • Role Suitability : To determine if a candidate possesses the specific technical skills required for specialized roles. This is particularly important for positions that demand a high degree of specialized knowledge, such as finance, analytics, or IT.
  • Decision-Making and Judgment : To assess how candidates make decisions and solve problems, particularly under pressure. This reflects their potential performance in real-life work scenarios at the bank.

By employing this comprehensive testing approach, Credit Suisse ensures that only the most suitable candidates progress through the hiring process, thereby maintaining high standards of employee competency and cultural fit within the company.

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credit suisse cover letter example

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credit suisse cover letter example

How Test Is Different

The credit suisse assessment test distinguishes itself from other assessment tests in several ways:.

1. Holistic Approach:

  • Multiple Test Types: Includes numerical reasoning, verbal reasoning, and specific assessments for analyst roles (ChatAssess).
  • Real-World Scenarios: Numerical tests involve interpreting complex data sheets, and verbal tests require analyzing detailed written information.

2. High-Pressure Environment:

  • Time Constraints: Both tests require quick decision-making with 18 questions in 6 minutes, translating to roughly 20 seconds per question.
  • Deductive Scoring: Incorrect answers can result in point deductions, discouraging guessing.

3. Specific Preparation Needs:

  • Extensive Data Analysis: Numerical tests need careful analysis of multiple data sheets.
  • Ambiguous Verbal Data: Verbal tests often present statements that require careful reading and comprehension to determine the correct answer.

Comparison to Other Tests:

  • Focus on Finance: Tailored for finance roles, with specific emphasis on numerical and verbal skills relevant to the industry.
  • High Stakes: Performance on these tests is critical for progression in the hiring process, more so than in some other standard assessments.

Preparation Strategy:

  • Practice: Extensive practice with similar test formats to become familiar with the pressure and types of questions.
  • Analytical Skills: Developing efficient methods to analyze data quickly and accurately.

These elements make the Credit Suisse Assessment Test a crucial tool for aligning the skills and attributes of potential hires with the operational and cultural demands of Credit Suisse.

Jobs Assessed with Test

The Credit Suisse Assessment Test is typically required for various positions, particularly those that involve significant analytical, quantitative, and decision-making responsibilities. Here are some roles that commonly require this test:

  • Analyst Positions : For roles in financial analysis, risk management, and market research, where strong numerical and analytical skills are essential for data interpretation and making informed decisions.
  • Investment Banking : Candidates applying for roles in investment banking undergo these assessments to ensure they can handle complex financial modeling and have the acute judgment required for investment strategies and client management.
  • Graduate and Internship Programs : Credit Suisse uses these tests to screen candidates for graduate schemes and internships to assess their potential and fit for various roles within the bank, ensuring a high caliber of entry-level staff.
  • Wealth Management and Private Banking : These roles require understanding of client needs and the ability to offer tailored financial advice, skills that are assessed through verbal reasoning and situational judgment tests.

The assessment tests are used to ensure that candidates possess the necessary skills and aptitudes to perform effectively in their potential roles, aligning with Credit Suisse’s standards of excellence and efficiency in the banking industry.

Examples of jobs that require the Credit Suisse assessment test:

1. Investment Banking Analyst:

  • Reason: Requires strong numerical reasoning and data interpretation skills to analyze financial data and create reports.

2. Risk Management Analyst:

  • Reason: Needs precise numerical and verbal reasoning to assess risks and develop mitigation strategies.

3. Sales and Trading Analyst:

  • Reason: Involves quick decision-making and data analysis in high-pressure environments.

4. Compliance Officer:

  • Reason: Requires thorough understanding and evaluation of regulatory information, necessitating strong verbal reasoning skills.

5. Technology Analyst:

  • Reason: Needs problem-solving and abstract reasoning skills to develop and implement technological solutions.

Purpose of the Assessment

  • Evaluate Cognitive Abilities: Assess numerical and verbal reasoning skills critical for job-specific tasks.
  • Ensure Suitability: Identify candidates who fit the role requirements and company culture.
  • Predict Job Performance: Use test results to predict how well candidates will perform in their respective roles.

The Credit Suisse Assessment Test ensures that candidates possess the necessary cognitive and analytical abilities to succeed in their roles, making it a crucial step in the hiring process.

Skills Assessed

The Credit Suisse Assessment Test evaluates a range of skills essential for roles within the banking sector. These skills include:

  • Numerical Reasoning : Assesses the ability to interpret and analyze numerical data, crucial for roles involving financial analysis and decision-making.
  • Verbal Reasoning : Tests comprehension and evaluation of written information, important for effective communication and understanding complex documents.
  • Situational Judgment : Evaluates decision-making and problem-solving in work-related scenarios, key for roles requiring strategic thinking and client interactions.
  • Technical Proficiency : For certain roles, technical tests may assess specific skills like financial modeling or programming.

These skills are relevant to job performance as they ensure candidates can handle the quantitative, analytical, and communicative demands of their roles effectively.

Scoring Model used in Test

The Credit Suisse Assessment Test uses a sophisticated scoring model to evaluate candidates’ numerical reasoning, verbal reasoning, and situational judgment skills. Raw scores are derived from correct answers, with penalties for incorrect ones to discourage guessing. These raw scores are then scaled to account for variations in test difficulty. The results are interpreted to ensure candidates meet a benchmark score, essential for progressing in the hiring process. High scores indicate a strong fit for the analytical and reasoning demands of the role, significantly enhancing a candidate's chances of being hired. Preparation is crucial as it directly impacts performance and progression through the hiring stages.

Numerical and Verbal Reasoning Tests:

  • Raw Scores : Candidates receive points for each correct answer.
  • Negative Marking : Incorrect answers may result in points being deducted, discouraging guessing.
  • Scaled Scores : Raw scores are often normalized to account for variations in test difficulty, providing a fair comparison across different test versions.

Interpretation of Results

Threshold Scores :

  • Candidates must achieve a minimum benchmark score to progress in the hiring process. This ensures that only those with sufficient analytical and reasoning skills move forward.

Comparative Analysis :

  • Scores are used to rank candidates, especially in competitive scenarios, aiding in selecting the most capable individuals.

Fit for Role :

  • Higher scores indicate a better fit for roles requiring strong analytical, numerical, and verbal skills, thus significantly improving a candidate’s chances of being hired.

Impact on Hiring Process

Initial Screening :

  • Strong performance in these assessments can be a deciding factor in progressing to interview stages.

Final Decision :

  • While assessment scores are crucial, they are considered alongside interviews and other evaluations. High scores bolster a candidate’s profile, increasing the likelihood of receiving a job offer.

Preparation :

  • Thorough preparation for these tests is vital, as it directly impacts the chances of advancing through the hiring process at Credit Suisse.

Sample Test Questions

Here are some sample questions that might appear on the Credit Suisse Assessment Test, along with recommended answers and considerations for job seekers:

Numerical Reasoning Question

Sample Question: A company's profit increased from $1,200 in January to $1,500 in February. What was the percentage increase in profit?

Recommended Answer: B) 25%

  • Consideration: Calculate the increase ($300) and then divide by the original amount ($1,200), multiplying by 100 to get the percentage.

Verbal Reasoning Question

Sample Question: "All managers at Company X have at least five years of experience. Some employees at Company X are managers." Based on this information, which statement is true?

  • A) Some employees at Company X have less than five years of experience.
  • B) All employees at Company X have at least five years of experience.
  • C) Some managers at Company X have less than five years of experience.
  • D) Some employees at Company X have at least five years of experience.

Recommended Answer: D) Some employees at Company X have at least five years of experience.

  • Consideration: Focus on the logical implications of the given statements without making unwarranted assumptions.

Situational Judgment Question

Sample Question: A client is unhappy with the service provided and expresses their frustration. What should you do first?

  • A) Explain the company policy.
  • B) Apologize and listen to their concerns.
  • C) Offer a discount on future services.
  • D) Escalate the issue to a supervisor.

Recommended Answer: B) Apologize and listen to their concerns.

  • Consideration: Showing empathy and understanding is crucial in customer service roles, making the client feel heard and valued.

Preparation Tips:

  • Practice Time Management: Given the time constraints, practice completing questions quickly and accurately.
  • Understand the Format: Familiarize yourself with the types of questions to expect and the best strategies for answering them.
  • Review Basic Concepts: Refresh your knowledge on key numerical, verbal, and situational reasoning concepts.

By preparing thoroughly and understanding the nature of these questions, candidates can enhance their performance on the Credit Suisse Assessment Test and increase their chances of advancing in the hiring process.

Practice Assessment Test

How to succeed on the test.

Practicing before taking a Credit Suisse Assessment Test is a strategic investment in a candidate's success.

It not only enhances familiarity with the test but also enables candidates to fine-tune their skills, manage time effectively, and build the confidence needed to perform at their best. Regular, targeted practice is a key component of successful test preparation.

Here's a detailed breakdown of why practicing is important and how it helps job candidates pass the test:

  • Familiarity with Test Format: Practicing exposes candidates to the specific format of the assessment, including the structure of the questions, the time constraints, and any unique features of the test. This familiarity helps reduce anxiety and nervousness during the actual test, allowing candidates to navigate the assessment with more confidence.
  • Understanding Question Types: Different assessments include various question types, whether they are related to cognitive abilities, personality traits, or job-related skills. Practicing enables candidates to understand the types of questions they might encounter, whether it's numerical reasoning, verbal reasoning, situational judgment, or others. Recognizing question patterns allows candidates to develop effective strategies for each type.
  • Identifying Areas of Weakness: Through practice, candidates can identify their strengths and weaknesses in different areas assessed by the test. Recognizing areas of weakness allows candidates to focus their efforts on improvement, whether it involves brushing up on certain skills or learning specific strategies to approach particular question types more effectively.
  • Time Management Skills: Assessment tests are often timed, and effective time management is crucial. Practicing helps candidates develop strategies for allocating time wisely across different sections, ensuring that they can complete the test within the given timeframe. This is particularly important for cognitive aptitude tests where time pressure is a common factor.
  • Building Confidence: Confidence plays a significant role in test performance. As candidates practice and become more comfortable with the test format and question types, their confidence levels increase. This heightened confidence positively impacts their ability to approach questions calmly, make reasoned decisions, and perform optimally.
  • Improving Performance: Regular practice contributes to skill improvement and enhances overall performance. Whether it's refining mathematical abilities, honing critical thinking skills, or becoming more adept at interpreting graphs and data, candidates who practice consistently are likely to see improvement in the areas assessed by the test.
  • Reducing Test Anxiety: Assessment tests can be stressful, especially if candidates are unprepared. Practicing serves as a form of stress inoculation, helping candidates manage anxiety by providing a sense of control and preparedness. Familiarity with the test conditions and content contributes to a more relaxed and focused test-taking experience.
  • Customizing Study Strategies: Through practice, candidates can determine which study methods and strategies work best for them. Some may benefit from more frequent, shorter practice sessions, while others may prefer more extended study periods. Understanding one's optimal study approach can maximize the effectiveness of preparation efforts.

Practice is crucial for success in assessment tests as it familiarizes individuals with the test format, refines their skills, and enhances their confidence.

Why Prepare with JobTestPrep Practice Materials

  • Realistic Test Simulation: JobTestPrep provides practice tests that accurately replicate the format and difficulty level of the actual test, allowing you to prepare effectively for the real assessment.
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Next Step: Prepare for the Assessment Test

Getting ready for the Credit Suisse Assessment Test might seem challenging, but engaging in thorough practice beforehand is a pivotal step that can markedly elevate your likelihood of success. By dedicating time to practice, you not only familiarize yourself with the test format but also enhance your skills and confidence, ultimately positioning yourself for a more successful outcome in the assessment process.

Using JobTestPrep practice materials can be an effective way to prepare for the employment assessment test , helping you to build confidence and increase your chances of success. By following these tips and practicing regularly, you can improve your chances and succeed on the test.

What is included in the Test Pack:

  • Numerical Reasoning Test
  • Verbal Reasoning Test
  • Credit Suisse ChatAssess - SJT Prep + ChatAssess study guide
  • Most accurate & efficient practice
  • Realistic questions that simulate the actual test
  • Full explanations for every question
  • Solving tips & strategies for ALL question types

All the best on your job interview and assessment test! Good luck & I truly hope you will get hired soon!

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Sample cover letter for Internship position at Credit Suisse

Business analyst.

To Credit Suisse Office Recruitment Team

Dear Sir/Madam,

I am a first year student in the MSc in Finance at XXX University, I am writing this letter to apply for the 2015 Summer Internship in the Investment Banking Division at Credit Suisse. I am really passionate about Finance, I have been managing my own (small) stocks portfolio for two years trying to apply a value investing strategy even if I know that my budget is almost trifling. Furthermore in the last year, through several experiences both at YYY (where I did my Exchange Program) and at XXX, I understood my abilities and my personality would better fit in the Investment Banking area than in any other, and that in a long-enough time horizon, my aim is to become a professional who organizes talents and resources to provide financial solutions for either companies and private investors.

I believe both my technical/analytical abilities, mastered through focused courses, and personal/relational skills, developed in the most various experiences (from private tutoring to sporting activities) would allow me to add value to the Division and to create a wide network of interpersonal relationships that I consider fundamental in the formation process of a successful career. I learned the importance of meritocracy in real-life experiences, and strongly believe in this principle as the leading value for any Society that wants to grow continuously improving its performance. I am a very determined and self-confident person but, even though I can manage a leadership position, I work with attention to group dynamics, considering teamwork also as a knowledge-sharing experience that can improve individual practice.

I am sure that working at Credit Suisse would mean an opportunity to further develop my abilities while having fun in a uniquely stimulating environment. I believe that the predisposition of Credit Suisse in creating stable and lasting relationships with their costumers and in pursuing an investment policy sustainable in the long-run denotes a wise forward-looking sight in this market scenario characterized by great uncertainty. It is well known that Credit Suisse is a leading-innovator firm in the financial sector (from the first telex connection with NY in 1951 up to the launching of the first Internet Banking platform in 1997) and still today is able to anticipate its competitors in identifying the main drivers of the economy. I was pleasantly impressed when I heard the speech that Mark Burrows held in Jakarta for the Forests Asia Summit concerning the importance of Green Economy, I strongly agree with his position because the preservation of the environment will be one of the main issues in the future and once again Credit Suisse is moving in advance compared to the other institutions.

For all the reasons I explained, I believe I am a very motivated candidate for this experience in the IB Division at Credit Suisse. I am ready and willing to dedicate all my abilities to it, hopefully beginning with this program what could be a long lasting partnership.

Thank you for your time and for considering my application.

I look forward to hearing from you.

Yours faithfully,

September 17th, 2014

Our advice Join us

  • Cover letter

The cover letter is the second key part of your application file. This is where you need to get across what inspires you about this position, and why you would be well suited for it. It's a synthesis of your personality and your skills and should be different to your curriculum vitae; you shouldn't just copy and paste from that. The cover letter must respect certain content and formatting rules. It must be detailed without being heavy, and its content should have a impact on the reader. Below are the key points to take on board in order to write an impeccable cover letter, and win over the recruiters:

  • The cover letter must always be written in the same language as the advertisement. Use translation and correction tools if you are struggling and find out how to correctly write polite expressions in the language used, since a literal translation is not always appropriate.
  • Your cover letter shouldn't be longer than one page. Separate it into several distinct paragraphs to improve readability and avoid using long sentences.
  • Avoid repetitions. Very often when we want to express an idea, we may have a tendency to repeat ourselves, and the text gets too long to digest. Prioritise action verbs and clear descriptions rather than long-winded text. Pay close attention to your spelling and use correction tools to avoid any typos.
  • Write personalised cover letters. Copy and paste letters are easy to spot and put recruiters off. They give off a negative image and make recruiters think that you are not really interested in their specific company. Always remember to dedicate a paragraph to the company, describing what you particularly appreciate about its policy and the position you're applying for.
  • Avoid “Madam, Sir” as much as possible if you can. A letter which uses the recruiter's name will be better received from the outset.
  • Avoid using the conditional tense in your cover letter. Take out any “could, would like…” as well as sentences with negations which weigh down the text.

Writing your letter

Cover letter structure

In order to make it as attractive as possible, try to use “you, me, us” in your cover letter. This template is formed as follows:

This paragraph is dedicated to your employer: demonstrate that you know them and that their company and the position you're applying for corresponds perfectly with your values and skills. Gather information wherever you can, such as from the press, on the internet or on social networks. Policies? Business sector? Performance? Areas of expertise? Don't leave anything to chance and highlight why you are specifically applying to THIS company, and not another one.

Explain what specifically attracts you to this position, and what values or parts of the role description particularly speak to you. Don't just copy and paste the information listed, show personality and inventiveness to make you stand out from the others. However, be careful not to use an overly complimentary tone that could seem forced.

This is the time to put yourself forward, to really sell yourself. Explain why you would be the ideal candidate for this position by talking about your professional background and your skills. Read the ad carefully: what will make me stand out? What strengths do I have that match this position? Try to sell yourself as well as possible without being pretentious; it's all about striking a certain balance. Use strong action verbs and demonstrate that you are aware of your strengths and what you could bring to the company.

Your background is important, but don't forget that your personality and human qualities are just as important. Many companies make it a point of honour that there is a good working atmosphere within their company, and that their employees get along well. Show them that in addition to your professional skills, you are also a friendly and agreeable person who will get along perfectly with future colleagues.

Here, it's time to talk about collaboration. Think about what you could bring to the business and what projects you could work on together to help it grow. This is also a good place to state your willingness to attend an interview, in order to be able to prove the extent of your motivation in person. Use a context specific valediction to end the letter.

Cover letter content

  • A “personal information” section including: surname, first name, address, postal code, country, e-mail and telephone.
  • A section containing information about the recipient and the company you're applying to.
  • The date and place where you wrote your cover letter.
  • When responding to an advertisement: the advertisement number + the job title + the percentage of work
  • When making a prospective job offer: collaboration proposition + name of position
  • The body of the cover letter containing the various paragraphs mentioned above.

With all this information, you are now ready to write your cover letter. However, if you still don't feel ready, check out our website for concrete examples of cover letters. Finally, don't forget that it is better to send a few, high quality cover letters, rather than a large quantity of rushed letters. Don't hesitate to proofread it as many times as necessary, and to also have it proofread by someone else if you can, so as to give yourself the best possible chance of success.

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Sample cover letter for Internship position at Credit Suisse

Spring week.

Dear Sir/Madam,

I am currently in my second year reading Mechanical Engineering (MEng) at Imperial College London. I attended a Credit Suisse Technology Innovation Challenge and was impressed with your culture and working strategy. Therefore, I am writing to express my interest in obtaining a place in the Credit Suisse spring insight week.

Through the spring week in order to acquire a holistic and detailed view on Credit Suisse’s different divisions, financial strategies and work ethic. I believe Credit Suisse would enable me to have a global view of the banking industry during the week due to its international presence in all current affairs. The fact individuality and independent thinking are promoted at Credit Suisse makes it a challenging and consequently motivating working environment to work in. At present, I am interested in asset management as well as trading and structuring. Through this week I hope to gain a valuable understanding on the differences between the long-term, global perspective nature of asset management and the fast paced, technical aspect of trading and structuring. However, I still maintain an open mind towards other divisions.

Through my engineering degree I have acquired an analytical and disciplined approach to problems, which I believe can contribute to the diversity of perspectives needed when dealing with complex issues. I have also led a group of ten in the design and commercialization of a product as part of a mini-enterprise year-long project. This project taught me to take initiative as a leader and to include the whole team to achieve a common goal. We had constant contact with clients whilst selling our product but we also delivered presentations to stockholders, which developed two types of communication skills. Due to the perseverance we demonstrated as a team we were able to finish with 20% profit.  

COMMENTS

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  2. Credit Suisse Cover Letter

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  11. Credit Suisse Cover Letter Example

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  12. How to Pass Credit Suisse Job Interview and Online Assessment: The

    Navigating the application process at Credit Suisse involves several key steps to ensure your application stands out: Tailoring Your Resume and Cover Letter: Customize your resume and cover letter to highlight experiences and skills that directly align with the job description.Use keywords from the job posting to ensure your application is optimized for applicant tracking systems.

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  15. Swiss resume and job interview tips

    Cover letters in Switzerland. The cover letter is a key component of job applications in Switzerland, and when done right, can make a real impression on prospective employers. Before you begin writing your cover letter, read through the job posting carefully. Usually, cover letters are typed, unless the company requests that it is handwritten.

  16. Credit Suisse Cover Letter

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  19. PDF Sample Curriculum Vitae (CV)

    Highlight your name. You want the recruiter to remember it. Include your work permit as proof of employment eligibility. A keyword-based short description of approx. 4-5 lines with the relevant experiences and competen-cies can follow optionally. Sum up your activities and responsibilities in clear bullet points, highlight your personal successes.

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  22. Cover letter: Example and writing advice for Switzerland

    Avoid "Madam, Sir" as much as possible if you can. A letter which uses the recruiter's name will be better received from the outset. Avoid using the conditional tense in your cover letter. Take out any "could, would like…" as well as sentences with negations which weigh down the text. Writing your letter. south.

  23. Credit Suisse Cover Letter

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