Career Overlap Transition record Edition 1 · ESCO v1.2.1
Table 1Transition record

asset managertocredit manager

A asset manager already meets 54% of what the credit manager role asks for. The move turns on 10 required skills not yet in the profile.

From asset manager
54%
Overlap1
To credit manager
22 Skills carried over
10 Required, not held
52.8 Difficulty2
Career overlap Partial match

54%

Learning distance Real move, short list to learn

52.8/ 100

1 Share of the credit manager role’s weighted skill requirement already met by the asset manager profile. Required skills count in full, supplementary skills at 0.35. Directional: the figure for the reverse move differs. 2 Combines what is missing with how specialised it is, so a gap of general skills scores easier than the same number of narrow ones.

Why

Why this move works

A credit manager role treats 17 of its required skills as things a asset manager already does. These are the ones it depends on most.

  • advise on financial matters
  • analyse financial performance of a company
  • analyse financial risk
  • apply credit risk policy
  • corporate social responsibility
  • create a financial plan

What stands in the way is 10 required skills the profile does not yet cover. Table 3 groups them; Table 4 says which to take first.

Table 2

Table 2 · What you already bring

Of the 22 skills that carry over, these are the ones fewest other occupations ask for. A credit manager role needs them, and most people applying for one will not have them already. This is the part of a asset manager background worth leading with.

Skill the target role also needs Area
  • already held apply credit risk policy assisting and caring
  • already held credit control processes business, administration and law
  • already held consult credit score information skills
  • already held enforce financial policies management skills
  • already held examine credit ratings information skills
  • already held financial analysis business, administration and law

All 22 carried skills, including the 17 the credit manager role treats as required.

Table 3

Table 3 · What you would need to learn

The 27 missing skills fall into 4 areas of the ESCO skill hierarchy, numbered below in the order worth working in: the areas carrying the most required skills come first, and inside each one the required skills sit above the supplementary ones.

Skill to acquire Tier
01 information skills 5 required, 6 supplementary
  • required, not held determine loan conditions required
  • required, not held analyse the credit history of potential customers required
  • required, not held maintain records of financial transactions required
  • required, not held synthesise financial information required
  • required, not held trace financial transactions required
  • optional, not held prepare credit reports optional
  • optional, not held analyse loans optional
  • optional, not held assess financial viability optional
  • optional, not held ensure proper document management optional
  • optional, not held maintain client debt records optional
  • optional, not held perform debt investigation optional
02 business, administration and law 3 required, 7 supplementary
  • required, not held debt collection techniques required
  • required, not held debt systems required
  • required, not held insolvency law required
  • optional, not held investment analysis optional
  • optional, not held banking activities optional
  • optional, not held business loans optional
  • optional, not held contract law optional
  • optional, not held mortgage loans optional
  • optional, not held property law optional
  • optional, not held tax legislation optional
03 management skills 2 required, 2 supplementary
  • required, not held create credit policy required
  • required, not held manage staff required
  • optional, not held budget for financial needs optional
  • optional, not held perform clerical duties optional
04 communication, collaboration and creativity 2 supplementary
  • optional, not held advise on credit rating optional
  • optional, not held communicate with banking professionals optional
Table 4

Table 4 · Where to start

The 3 entries a credit manager role is least likely to hire without. The ordering is computed from the skill data, not from what pays.

Each entry opens a course search for that skill. Career Overlap earns nothing from these links.

Appendix

Appendix · The rest of the record

All 22 skills that carry over
Skill Type
  • already held advise on financial matters skill
  • already held analyse financial performance of a company skill
  • already held analyse financial risk skill
  • already held apply credit risk policy skill
  • already held corporate social responsibility knowledge
  • already held create a financial plan skill
  • already held credit control processes knowledge
  • already held enforce financial policies skill
  • already held financial analysis knowledge
  • already held financial management knowledge
  • already held financial statements knowledge
  • already held follow company standards skill
  • already held handle financial transactions skill
  • already held liaise with managers skill
  • already held manage financial risk skill
  • already held obtain financial information skill
  • already held strive for company growth skill
  • already held analyse market financial trends skill
  • already held consult credit score skill
  • already held examine credit ratings skill
  • already held plan health and safety procedures skill
  • already held securities knowledge
17 supplementary skills, helpful but not required
Skill to acquire Tier
  • optional, not held investment analysis optional
  • optional, not held prepare credit reports optional
  • optional, not held advise on credit rating optional
  • optional, not held analyse loans optional
  • optional, not held assess financial viability optional
  • optional, not held banking activities optional
  • optional, not held budget for financial needs optional
  • optional, not held business loans optional
  • optional, not held communicate with banking professionals optional
  • optional, not held contract law optional
  • optional, not held ensure proper document management optional
  • optional, not held maintain client debt records optional
  • optional, not held mortgage loans optional
  • optional, not held perform clerical duties optional
  • optional, not held perform debt investigation optional
  • optional, not held property law optional
  • optional, not held tax legislation optional
18 held skills the credit manager role does not ask for
Skill Type
  • not needed by the target role actuarial science knowledge
  • not needed by the target role advise on risk management skill
  • not needed by the target role apply technical communication skills skill
  • not needed by the target role asset management knowledge
  • not needed by the target role develop investment portfolio skill
  • not needed by the target role exert expenditure control skill
  • not needed by the target role financial markets knowledge
  • not needed by the target role funding methods knowledge
  • not needed by the target role handle financial disputes skill
  • not needed by the target role identify clients' needs skill
  • not needed by the target role interpret financial statements skill
  • not needed by the target role modern portfolio theory knowledge
  • not needed by the target role negotiate loan agreements skill
  • not needed by the target role negotiate on asset value skill
  • not needed by the target role perform asset recognition skill
  • not needed by the target role provide support in financial calculation skill
  • not needed by the target role review closing procedures skill
  • not needed by the target role review investment portfolios skill
10 gaps that are knowledge rather than practice

Knowledge gaps usually close through study. Practical skill gaps usually need something you can point at.

Skill to acquire Tier
  • required, not held debt collection techniques required
  • required, not held debt systems required
  • required, not held insolvency law required
  • optional, not held investment analysis optional
  • optional, not held banking activities optional
  • optional, not held business loans optional
  • optional, not held contract law optional
  • optional, not held mortgage loans optional
  • optional, not held property law optional
  • optional, not held tax legislation optional
Index

Other moves recorded from asset manager

Full index of moves from asset manager

Note

How this record was compiled

Both occupations are taken from ESCO, which lists the skills and knowledge each occupation is expected to have and marks every one required or optional. Nothing here is a prediction about hiring, and nothing here knows that a particular employer wants a particular certificate. Treat Table 3 as a starting point for your own research rather than a syllabus. The full method states what these figures can and cannot tell you.