Table 1Transition record

bankruptcy trusteetomortgage loan underwriter

A bankruptcy trustee already meets 39% of what the mortgage loan underwriter role asks for. The move turns on 6 required skills not yet in the profile.

From bankruptcy trustee

39%

Overlap1

To mortgage loan underwriter

9 Skills carried over

6 Required, not held

55 Difficulty2

Career overlap Distant match

39%

Learning distance Substantial retraining

55/ 100

adjacentmoderatesubstantialcareer change

1 Share of the mortgage loan underwriter role’s weighted skill requirement already met by the bankruptcy trustee 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 mortgage loan underwriter role treats 5 of its required skills as things a bankruptcy trustee already does. These are the ones it depends on most.

actuarial science
analyse loans
banking activities
communicate with banking professionals
obtain financial information

What stands in the way is 6 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 9 skills that carry over, these are the ones fewest other occupations ask for. A mortgage loan underwriter role needs them, and most people applying for one will not have them already. This is the part of a bankruptcy trustee background worth leading with.

Skill the target role also needs Area

already held analyse loans information skills
already held consult credit score information skills
already held collect property financial information information skills
already held debt systems business, administration and law
already held examine credit ratings information skills
already held communicate with banking professionals communication, collaboration and creativity

All 9 carried skills, including the 5 the mortgage loan underwriter role treats as required.

Table 3

Table 3 · What you would need to learn

The 17 missing skills fall into 5 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 3 required, 4 supplementary

required, not held analyse financial risk required
required, not held examine mortgage loan documents required
required, not held interpret financial statements required

optional, not held create underwriting guidelines optional
optional, not held advise on risk management optional
optional, not held assess debtor's financial situation optional
optional, not held maintain credit history of clients optional

02 business, administration and law 3 required, 3 supplementary

required, not held real estate underwriting required
required, not held mortgage loans required
required, not held property law required

optional, not held foreclosure optional
optional, not held credit control processes optional
optional, not held securities optional

03 management skills 2 supplementary

optional, not held manage loan applications optional
optional, not held decide on loan applications optional

04 assisting and caring 1 supplementary

optional, not held apply credit risk policy optional

05 communication, collaboration and creativity 1 supplementary

optional, not held interview bank loanees optional

Table 4

Table 4 · Where to start

The 3 entries a mortgage loan underwriter 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 9 skills that carry over

Skill Type

already held actuarial science knowledge
already held analyse loans skill
already held banking activities knowledge
already held communicate with banking professionals skill
already held obtain financial information skill
already held collect property financial information skill
already held consult credit score skill
already held debt systems knowledge
already held examine credit ratings skill

11 supplementary skills, helpful but not required

Skill to acquire Tier

optional, not held create underwriting guidelines optional
optional, not held foreclosure optional
optional, not held manage loan applications optional
optional, not held advise on risk management optional
optional, not held apply credit risk policy optional
optional, not held assess debtor's financial situation optional
optional, not held credit control processes optional
optional, not held decide on loan applications optional
optional, not held interview bank loanees optional
optional, not held maintain credit history of clients optional
optional, not held securities optional

20 held skills the mortgage loan underwriter role does not ask for

Skill Type

not needed by the target role administer debtor's assets skill
not needed by the target role advise on bankruptcy proceedings skill
not needed by the target role apply technical communication skills skill
not needed by the target role business loans knowledge
not needed by the target role debt classification knowledge
not needed by the target role financial statements knowledge
not needed by the target role fraud detection knowledge
not needed by the target role handle financial disputes skill
not needed by the target role handle financial transactions skill
not needed by the target role insolvency law knowledge
not needed by the target role investment analysis knowledge
not needed by the target role liquidity management knowledge
not needed by the target role maintain client debt records skill
not needed by the target role maintain records of financial transactions skill
not needed by the target role perform debt investigation skill
not needed by the target role protect client interests skill
not needed by the target role provide financial product information skill
not needed by the target role revise legal documents skill
not needed by the target role trace financial transactions skill
not needed by the target role value properties skill

6 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 real estate underwriting required
required, not held mortgage loans required
required, not held property law required
optional, not held foreclosure optional
optional, not held credit control processes optional
optional, not held securities optional

Index

Other moves recorded from bankruptcy trustee

Full index of moves from bankruptcy trustee

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.