Table 1Transition record

credit managertocredit analyst

A credit manager already meets 62% of what the credit analyst role asks for. The move turns on 5 required skills not yet in the profile.

From credit manager

62%

Overlap1

To credit analyst

17 Skills carried over

5 Required, not held

38.1 Difficulty2

Career overlap Strong match

62%

Learning distance Real move, short list to learn

38.1/ 100

Easy adjacentmoderatesubstantialcareer change Hard

1 Share of the credit analyst 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.

Why

Why this move works

A credit analyst role treats 11 of its required skills as things a credit manager already does. These are the ones it depends on most.

advise on credit rating
analyse financial risk
analyse loans
analyse the credit history of potential customers
apply credit risk policy
financial statements

What stands in the way is 5 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 17 skills that carry over, these are the ones fewest other occupations ask for. A credit analyst 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 advise on credit rating communication, collaboration and creativity
already held analyse the credit history of potential customers information skills
already held maintain client debt records information skills
already held apply credit risk policy assisting and caring
already held perform debt investigation information skills
already held budget for financial needs management skills

All 17 carried skills, including the 11 the credit analyst role treats as required.

Table 3

Table 3 · What you would need to learn

The 14 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

required, not held advise on risk management required
required, not held interpret financial statements required
required, not held maintain credit history of clients required

02 business, administration and law 2 required, 4 supplementary

required, not held debt classification required
required, not held financial engineering required

optional, not held accounting optional
optional, not held financial forecasting optional
optional, not held public offering optional
optional, not held stock market optional

03 communication, collaboration and creativity 2 supplementary

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

04 management skills 2 supplementary

optional, not held develop investment portfolio optional
optional, not held manage securities optional

05 social sciences, journalism and information 1 supplementary

optional, not held interview techniques optional

Table 4

Table 4 · Where to start

The 3 entries a credit 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 17 skills that carry over

Skill Type

already held advise on credit rating skill
already held analyse financial risk skill
already held analyse loans skill
already held analyse the credit history of potential customers skill
already held apply credit risk policy skill
already held financial statements knowledge
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 synthesise financial information skill
already held analyse market financial trends skill
already held banking activities knowledge
already held budget for financial needs skill
already held examine credit ratings skill
already held investment analysis knowledge
already held tax legislation knowledge

9 supplementary skills, helpful but not required

Skill to acquire Tier

optional, not held accounting optional
optional, not held develop investment portfolio optional
optional, not held financial forecasting optional
optional, not held interview bank loanees optional
optional, not held interview techniques optional
optional, not held manage securities optional
optional, not held public offering optional
optional, not held review investment portfolios optional
optional, not held stock market optional

32 held skills the credit analyst role does not ask for

Skill Type

not needed by the target role advise on financial matters skill
not needed by the target role analyse financial performance of a company skill
not needed by the target role assess financial viability skill
not needed by the target role business loans knowledge
not needed by the target role communicate with banking professionals skill
not needed by the target role consult credit score skill
not needed by the target role contract law knowledge
not needed by the target role corporate social responsibility knowledge
not needed by the target role create a financial plan skill
not needed by the target role create credit policy skill
not needed by the target role credit control processes knowledge
not needed by the target role debt collection techniques knowledge
not needed by the target role debt systems knowledge
not needed by the target role determine loan conditions skill
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 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 mortgage loans knowledge
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 prepare credit reports skill
not needed by the target role property law knowledge
not needed by the target role securities knowledge
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 debt classification required
required, not held financial engineering required
optional, not held accounting optional
optional, not held financial forecasting optional
optional, not held interview techniques optional
optional, not held public offering optional
optional, not held stock market 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.