Table 1Transition record

financial brokertosecurities underwriter

A financial broker already meets 57% of what the securities underwriter role asks for. The move turns on 6 required skills not yet in the profile.

From financial broker

57%

Overlap1

To securities underwriter

19 Skills carried over

6 Required, not held

42.2 Difficulty2

adjacent 0–30

moderate 30–55

substantial 55–75

career change 75–100

this move, 42.2

This move: 42.2 of 100 · moderate

1 Share of the securities underwriter role’s weighted skill requirement already met by the financial broker 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 19 skills that carry over, these are the ones fewest other occupations ask for. A securities underwriter role needs them, and most people applying for one will not have them already. This is the part of a financial broker background worth leading with.

Skill the target role also needs Area

already held trade securities communication, collaboration and creativity
already held operate financial instruments management skills
already held provide support in financial calculation information skills
already held maintain records of financial transactions information skills
already held trace financial transactions information skills
already held financial jurisdiction business, administration and law

All 19 carried skills, including the 8 the securities underwriter 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, 3 supplementary

required, not held analyse economic trends required
required, not held forecast economic trends required
required, not held monitor stock market required

optional, not held analyse financial risk optional
optional, not held assess risks of clients' assets optional
optional, not held perform stock valuation optional

02 business, administration and law 3 required, 2 supplementary

required, not held commercial law required
required, not held financial markets required
required, not held stock market required

optional, not held financial forecasting optional
optional, not held tax legislation optional

03 communication, collaboration and creativity 1 supplementary

optional, not held build business relationships optional

04 management skills 1 supplementary

optional, not held manage securities optional

05 natural sciences, mathematics and statistics 1 supplementary

optional, not held statistics optional

Table 4

Table 4 · Where to start

The 3 entries a securities 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 19 skills that carry over

Skill Type

already held actuarial science knowledge
already held analyse market financial trends skill
already held economics knowledge
already held financial jurisdiction knowledge
already held financial products knowledge
already held protect client interests skill
already held securities knowledge
already held trade securities skill
already held advise on financial matters skill
already held apply technical communication skills skill
already held banking activities knowledge
already held communicate with banking professionals skill
already held create a financial plan skill
already held handle financial transactions skill
already held maintain records of financial transactions skill
already held manage financial risk skill
already held operate financial instruments skill
already held provide support in financial calculation skill
already held trace financial transactions skill

8 supplementary skills, helpful but not required

Skill to acquire Tier

optional, not held analyse financial risk optional
optional, not held assess risks of clients' assets optional
optional, not held build business relationships optional
optional, not held financial forecasting optional
optional, not held manage securities optional
optional, not held perform stock valuation optional
optional, not held statistics optional
optional, not held tax legislation optional

11 held skills the securities underwriter role does not ask for

Skill Type

not needed by the target role communicate with customers skill
not needed by the target role conduct financial audits skill
not needed by the target role handle financial disputes skill
not needed by the target role maintain financial records skill
not needed by the target role modern portfolio theory knowledge
not needed by the target role obtain financial information skill
not needed by the target role optimise financial performance skill
not needed by the target role provide cost benefit analysis reports skill
not needed by the target role provide financial product information skill
not needed by the target role review investment portfolios skill
not needed by the target role synthesise financial information 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 commercial law required
required, not held financial markets required
required, not held stock market required
optional, not held financial forecasting optional
optional, not held statistics optional
optional, not held tax legislation optional

Index

Other moves recorded from financial broker

Full index of moves from financial broker

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.