Table 1Transition record

corporate risk managertobusiness analyst

A corporate risk manager already meets 19% of what the business analyst role asks for. The move turns on 20 required skills not yet in the profile.

From corporate risk manager

19%

Overlap1

To business analyst

8 Skills carried over

20 Required, not held

82.4 Difficulty2

Career overlap Distant match

19%

Learning distance A rebuild

82.4/ 100

adjacentmoderatesubstantialcareer change

1 Share of the business analyst role’s weighted skill requirement already met by the corporate risk 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 business analyst role treats 6 of its required skills as things a corporate risk manager already does. These are the ones it depends on most.

align efforts towards business development
analyse external factors of companies
analyse internal factors of companies
liaise with managers
make strategic business decisions
risk management

What stands in the way is 20 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 8 skills that carry over, these are the ones fewest other occupations ask for. A business analyst role needs them, and most people applying for one will not have them already. This is the part of a corporate risk manager background worth leading with.

Skill the target role also needs Area

already held keep updated on the political landscape information skills
already held analyse external factors of companies information skills
already held analyse internal factors of companies information skills
already held align efforts towards business development communication, collaboration and creativity
already held advise on risk management information skills
already held make strategic business decisions management skills

All 8 carried skills, including the 6 the business analyst role treats as required.

Table 3

Table 3 · What you would need to learn

The 45 missing skills fall into 10 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 6 required, 2 supplementary

required, not held analyse business plans required
required, not held analyse financial performance of a company required
required, not held conduct qualitative research required
required, not held conduct quantitative research required
required, not held interpret financial statements required
required, not held perform business analysis required

optional, not held report analysis results optional
optional, not held seek innovation in current practices optional

02 business, administration and law 4 required, 12 supplementary

required, not held management consulting required
required, not held management systems standards required
required, not held business analysis required
required, not held market research required

optional, not held organisational learning optional
optional, not held business process modelling optional
optional, not held investment banking optional
optional, not held organisational policies optional
optional, not held business intelligence optional
optional, not held business law optional
optional, not held business strategy concepts optional
optional, not held corporate law optional
optional, not held financial statements optional
optional, not held market entry strategies optional
optional, not held marketing analytics optional
optional, not held quality standards optional

03 communication, collaboration and creativity 2 required, 8 supplementary

required, not held advise on efficiency improvements required
required, not held build business relationships required

optional, not held interview people optional
optional, not held advise client on technical possibilities optional
optional, not held advise on communication strategies optional
optional, not held advise on financial matters optional
optional, not held advise on organisational culture optional
optional, not held advise on personnel management optional
optional, not held propose ICT solutions to business problems optional
optional, not held support implementation of quality management systems optional

04 management skills 2 required, 2 supplementary

required, not held apply change management required
required, not held identify undetected organisational needs required

optional, not held define organisational standards optional
optional, not held shape organisational teams based on competencies optional

05 working with computers 2 required

required, not held digital data processing required
required, not held use business simulation tools required

06 education 1 required

required, not held scientific research methodology required

4 further areas in the appendix

Table 4

Table 4 · Where to start

The 3 entries a business analyst 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 8 skills that carry over

Skill Type

already held align efforts towards business development skill
already held analyse external factors of companies skill
already held analyse internal factors of companies skill
already held liaise with managers skill
already held make strategic business decisions skill
already held risk management knowledge
already held advise on risk management skill
already held keep updated on the political landscape skill

The 4 learning areas not shown above

Skill to acquire Tier

07 generic programmes and qualifications 1 required

required, not held business communication required

08 information and communication technologies (icts) 1 required

required, not held data visualisation software required

09 natural sciences, mathematics and statistics 1 required

required, not held business analytics required

10 engineering, manufacturing and construction 1 supplementary

optional, not held sustainable manufacturing optional

25 supplementary skills, helpful but not required

Skill to acquire Tier

optional, not held organisational learning optional
optional, not held business process modelling optional
optional, not held interview people optional
optional, not held investment banking optional
optional, not held organisational policies optional
optional, not held advise client on technical possibilities optional
optional, not held advise on communication strategies optional
optional, not held advise on financial matters optional
optional, not held advise on organisational culture optional
optional, not held advise on personnel management optional
optional, not held business intelligence optional
optional, not held business law optional
optional, not held business strategy concepts optional
optional, not held corporate law optional
optional, not held define organisational standards optional
optional, not held financial statements optional
optional, not held market entry strategies optional
optional, not held marketing analytics optional
optional, not held propose ICT solutions to business problems optional
optional, not held quality standards optional
optional, not held report analysis results optional
optional, not held seek innovation in current practices optional
optional, not held shape organisational teams based on competencies optional
optional, not held support implementation of quality management systems optional
optional, not held sustainable manufacturing optional

39 held skills the business analyst role does not ask for

Skill Type

not needed by the target role ICT network security risks knowledge
not needed by the target role Monte Carlo simulation knowledge
not needed by the target role accounting department processes knowledge
not needed by the target role address identified risks skill
not needed by the target role analyse insurance needs skill
not needed by the target role apply crisis management skill
not needed by the target role assess financial viability skill
not needed by the target role assess reliability of data skill
not needed by the target role assess risk factors skill
not needed by the target role assess supplier risks skill
not needed by the target role compile appraisal reports skill
not needed by the target role comply with legal regulations skill
not needed by the target role corporate social responsibility knowledge
not needed by the target role corporate sustainability knowledge
not needed by the target role create risk reports skill
not needed by the target role define risk policies skill
not needed by the target role develop company strategies skill
not needed by the target role enterprise risk management knowledge
not needed by the target role estimate impact of risks skill
not needed by the target role financial products knowledge
not needed by the target role follow company standards skill
not needed by the target role forecast organisational risks skill
not needed by the target role identify if a company is a going concern skill
not needed by the target role implement corporate governance skill
not needed by the target role insurance law knowledge
not needed by the target role internal auditing knowledge
not needed by the target role international financial reporting standards knowledge
not needed by the target role key risk indicators knowledge
not needed by the target role manage commercial risks skill
not needed by the target role national generally accepted accounting principles knowledge
not needed by the target role qualitative risk analysis techniques knowledge
not needed by the target role quantitative risk analysis techniques knowledge
not needed by the target role reinsurance knowledge
not needed by the target role risk financing techniques knowledge
not needed by the target role risk identification knowledge
not needed by the target role risk modelling knowledge
not needed by the target role risk transfer knowledge
not needed by the target role track key performance indicators skill
not needed by the target role types of insurance knowledge

21 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 business analytics required
required, not held management consulting required
required, not held management systems standards required
required, not held business analysis required
required, not held business communication required
required, not held data visualisation software required
required, not held market research required
required, not held scientific research methodology required
optional, not held organisational learning optional
optional, not held business process modelling optional
optional, not held investment banking optional
optional, not held organisational policies optional
optional, not held business intelligence optional
optional, not held business law optional
optional, not held business strategy concepts optional
optional, not held corporate law optional
optional, not held financial statements optional
optional, not held market entry strategies optional
optional, not held marketing analytics optional
optional, not held quality standards optional
optional, not held sustainable manufacturing optional

Index

Other moves recorded from corporate risk manager

Full index of moves from corporate risk 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.