Table 1Transition record

credit managertocredit adviser

A credit manager already meets 59% of what the credit adviser role asks for. The move turns on 7 required skills not yet in the profile.

From credit manager

59%

Overlap1

To credit adviser

27 Skills carried over

7 Required, not held

45.7 Difficulty2

adjacent 0–30

moderate 30–55

substantial 55–75

career change 75–100

this move, 45.7

This move: 45.7 of 100 · moderate

1 Share of the credit adviser role’s weighted skill requirement already met by the credit 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.

Table 2

Table 2 · What you already bring

Of the 27 skills that carry over, these are the ones fewest other occupations ask for. A credit adviser role needs them, and most people applying for one will not have them already. This is the part of a credit manager background worth leading with.

Skill the target role also needs Area

already held determine loan conditions information skills
already held prepare credit reports information skills
already held analyse the credit history of potential customers information skills
already held advise on credit rating communication, collaboration and creativity
already held maintain client debt records information skills
already held perform debt investigation information skills

All 27 carried skills, including the 11 the credit adviser role treats as required.

Table 3

Table 3 · What you would need to learn

The 20 missing skills fall into 6 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, 5 supplementary

required, not held assess debtor's financial situation required
required, not held maintain credit history of clients required
required, not held provide support in financial calculation required

optional, not held monitor national economy optional
optional, not held advise on risk management optional
optional, not held assess risks of clients' assets optional
optional, not held forecast future levels of business optional
optional, not held interpret financial statements optional

02 communication, collaboration and creativity 2 required, 2 supplementary

required, not held prepare credit offers required
required, not held provide financial product information required

optional, not held interview bank loanees optional
optional, not held review investment portfolios optional

03 business, administration and law 1 required, 4 supplementary

required, not held financial products required

optional, not held microfinance optional
optional, not held accounting techniques optional
optional, not held audit techniques optional
optional, not held credit card payments optional

04 social sciences, journalism and information 1 required

required, not held economics required

05 management skills 1 supplementary

optional, not held develop investment portfolio optional

06 services 1 supplementary

optional, not held consumer protection optional

Table 4

Table 4 · Where to start

The 3 entries a credit adviser 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 27 skills that carry over

Skill Type

already held advise on financial matters skill
already held analyse loans skill
already held analyse the credit history of potential customers skill
already held consult credit score skill
already held credit control processes knowledge
already held debt systems knowledge
already held examine credit ratings skill
already held insolvency law knowledge
already held maintain client debt records skill
already held obtain financial information skill
already held perform debt investigation skill
already held advise on credit rating skill
already held analyse financial risk skill
already held banking activities knowledge
already held budget for financial needs skill
already held business loans knowledge
already held communicate with banking professionals skill
already held corporate social responsibility knowledge
already held create a financial plan skill
already held determine loan conditions skill
already held investment analysis knowledge
already held mortgage loans knowledge
already held prepare credit reports skill
already held property law knowledge
already held securities knowledge
already held synthesise financial information skill
already held tax legislation knowledge

13 supplementary skills, helpful but not required

Skill to acquire Tier

optional, not held microfinance optional
optional, not held monitor national economy optional
optional, not held accounting techniques optional
optional, not held advise on risk management optional
optional, not held assess risks of clients' assets optional
optional, not held audit techniques optional
optional, not held consumer protection optional
optional, not held credit card payments optional
optional, not held develop investment portfolio optional
optional, not held forecast future levels of business optional
optional, not held interpret financial statements optional
optional, not held interview bank loanees optional
optional, not held review investment portfolios optional

22 held skills the credit adviser role does not ask for

Skill Type

not needed by the target role analyse financial performance of a company skill
not needed by the target role analyse market financial trends skill
not needed by the target role apply credit risk policy skill
not needed by the target role assess financial viability skill
not needed by the target role contract law knowledge
not needed by the target role create credit policy skill
not needed by the target role debt collection techniques knowledge
not needed by the target role enforce financial policies skill
not needed by the target role ensure proper document management skill
not needed by the target role financial analysis knowledge
not needed by the target role financial management knowledge
not needed by the target role financial statements knowledge
not needed by the target role follow company standards skill
not needed by the target role handle financial transactions skill
not needed by the target role liaise with managers skill
not needed by the target role maintain records of financial transactions skill
not needed by the target role manage financial risk skill
not needed by the target role manage staff skill
not needed by the target role perform clerical duties skill
not needed by the target role plan health and safety procedures skill
not needed by the target role strive for company growth skill
not needed by the target role trace financial transactions skill

7 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 economics required
required, not held financial products required
optional, not held microfinance optional
optional, not held accounting techniques optional
optional, not held audit techniques optional
optional, not held consumer protection optional
optional, not held credit card payments optional

Index

Other moves recorded from credit manager

Full index of moves from credit 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.