A good spring week cover letter template.

Why firm
Why role
Why you

Literally, that.

Following an obvious template is immediate rejection, recruiters see through it.

2 of the 3 paragraphs above are unique to the organisation, and the last paragraph is unique to you - no online resource will cover that.

Of course following a template word for word would be a foolish thing to do, but it does give a good idea on what to write. I found this template http://prntscr.com/krhk3h which basically answers all the 3 questions you wrote, so I will be writing something along the same lines. Thanks.

That just seems too generic to me. I've seen that before and i'm sure a lot of people would be using the same one. Avoid this if you want to stand out amongst the other applicants.

I understand, I meant I would follow the general idea of each paragraph, not to copy it word for word. For example, first para I would introduce myself and state what division I am applying for. Second para, I would mention why I am interested in the division through my personal experience etc etc

That's a good plan. Remember to sound passionate. It's like the personal statement all over again right?

Yeah, I've had direct experience relating to the one of the divisions in IB that I am applying for, so for the two main questions: why division and why you, I am hoping to integrate both questions into one para and say through my personal experience working at the risk department, I became very much interested in using statistics to measure volatility of investment funds etc and had to use problem solving/teamwork to complete certain tasks etc, do you think this would be a good idea?

Yeah, I've had direct experience relating to the one of the divisions in IB that I am applying for, so for the two main questions: why division and why you, I am hoping to integrate both questions into one para and say through my personal experience working at the risk department, I became very much interested in using statistics to measure volatility of investment funds etc and had to use problem solving/teamwork to complete certain tasks etc, do you think this would be a good idea?