Table 1Transition record

financial risk managertobank treasurer

A financial risk manager already meets 50% of what the bank treasurer role asks for. The move turns on 11 required skills not yet in the profile.

From financial risk manager

50%

Overlap1

To bank treasurer

20 Skills carried over

11 Required, not held

55.4 Difficulty2

Career overlap Partial match

50%

Learning distance Substantial retraining

55.4/ 100

Easy adjacentmoderatesubstantialcareer change Hard

1 Share of the bank treasurer role’s weighted skill requirement already met by the financial 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 bank treasurer role treats 14 of its required skills as things a financial risk manager already does. These are the ones it depends on most.

advise on financial matters
analyse financial performance of a company
analyse market financial trends
create a financial plan
economics
enforce financial policies

What stands in the way is 11 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 20 skills that carry over, these are the ones fewest other occupations ask for. A bank treasurer role needs them, and most people applying for one will not have them already. This is the part of a financial risk manager background worth leading with.

Skill the target role also needs Area

already held treasury management system business, administration and law
already held produce statistical financial records information skills
already held enforce financial policies management skills
already held financial analysis business, administration and law
already held financial forecasting business, administration and law
already held financial products business, administration and law

All 20 carried skills, including the 14 the bank treasurer role treats as required.

Table 3

Table 3 · What you would need to learn

The 26 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 4 required, 4 supplementary

required, not held conduct financial audits required
required, not held maintain records of financial transactions required
required, not held prepare financial auditing reports required
required, not held trace financial transactions required

optional, not held create a financial report optional
optional, not held check accounting records optional
optional, not held obtain financial information optional
optional, not held synthesise financial information optional

02 management skills 4 required, 3 supplementary

required, not held evaluate budgets required
required, not held handle financial transactions required
required, not held manage accounts required
required, not held manage budgets required

optional, not held develop audit plan optional
optional, not held manage corporate bank accounts optional
optional, not held plan health and safety procedures optional

03 business, administration and law 3 required, 4 supplementary

required, not held corporate social responsibility required
required, not held accounting required
required, not held accounting techniques required

optional, not held investment analysis optional
optional, not held financial jurisdiction optional
optional, not held financial markets optional
optional, not held liquidity management optional

04 communication, collaboration and creativity 3 supplementary

optional, not held maintain relationship with customers optional
optional, not held communicate with banking professionals optional
optional, not held present reports 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 bank treasurer 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 20 skills that carry over

Skill Type

already held advise on financial matters skill
already held analyse financial performance of a company skill
already held analyse market financial trends skill
already held create a financial plan skill
already held economics knowledge
already held enforce financial policies skill
already held financial analysis knowledge
already held financial management knowledge
already held financial statements knowledge
already held follow company standards skill
already held liaise with managers skill
already held maintain financial records skill
already held strive for company growth skill
already held treasury management system knowledge
already held banking activities knowledge
already held financial forecasting knowledge
already held financial products knowledge
already held produce statistical financial records skill
already held securities knowledge
already held tax legislation knowledge

15 supplementary skills, helpful but not required

Skill to acquire Tier

optional, not held create a financial report optional
optional, not held investment analysis optional
optional, not held maintain relationship with customers optional
optional, not held check accounting records optional
optional, not held communicate with banking professionals optional
optional, not held develop audit plan optional
optional, not held financial jurisdiction optional
optional, not held financial markets optional
optional, not held liquidity management optional
optional, not held manage corporate bank accounts optional
optional, not held obtain financial information optional
optional, not held plan health and safety procedures optional
optional, not held present reports optional
optional, not held statistics optional
optional, not held synthesise financial information optional

44 held skills the bank treasurer role does not ask for

Skill Type

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 advise on risk management skill
not needed by the target role advise on tax policy skill
not needed by the target role analyse economic trends skill
not needed by the target role analyse external factors of companies skill
not needed by the target role analyse financial risk skill
not needed by the target role analyse internal factors of companies skill
not needed by the target role apply credit risk policy skill
not needed by the target role apply credit stress testing methodologies skill
not needed by the target role apply statistical analysis techniques skill
not needed by the target role assess risk factors skill
not needed by the target role assess risks of clients' assets skill
not needed by the target role assessment of risks and threats knowledge
not needed by the target role calculate dividends skill
not needed by the target role carry out statistical forecasts skill
not needed by the target role collect financial data skill
not needed by the target role control financial resources skill
not needed by the target role create risk maps skill
not needed by the target role create risk reports skill
not needed by the target role create solutions to problems skill
not needed by the target role deliver visual presentation of data skill
not needed by the target role develop predictive models skill
not needed by the target role digital data processing skill
not needed by the target role disseminate information on tax legislation skill
not needed by the target role estimate profitability skill
not needed by the target role financial department processes knowledge
not needed by the target role integrate strategic foundation in daily performance skill
not needed by the target role international financial reporting standards knowledge
not needed by the target role interpret financial statements skill
not needed by the target role make strategic business decisions skill
not needed by the target role manage currency exchange risk mitigation techniques skill
not needed by the target role manage financial risk skill
not needed by the target role management consulting knowledge
not needed by the target role negotiate sales contracts skill
not needed by the target role perform data analysis skill
not needed by the target role prepare credit reports skill
not needed by the target role prepare financial statements skill
not needed by the target role prevent fraudulent activities skill
not needed by the target role provide support in financial calculation skill

4 further entries not listed here

8 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 corporate social responsibility required
required, not held accounting required
required, not held accounting techniques required
optional, not held investment analysis optional
optional, not held financial jurisdiction optional
optional, not held financial markets optional
optional, not held liquidity management optional
optional, not held statistics optional

Index

Other moves recorded from financial risk manager

Full index of moves from financial 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.