forecast managertofutures trader
A forecast manager already meets 31% of what the futures trader role asks for. The move turns on 6 required skills not yet in the profile.
31%
62.3/ 100
1 Share of the futures trader role’s weighted skill requirement already met by the forecast 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 this move works
A futures trader role treats 4 of its required skills as things a forecast manager already does. These are the ones it depends on most.
- analyse economic trends
- analyse market financial trends
- economics
- forecast economic trends
What stands in the way is 6 required skills the profile does not yet cover. Table 3 groups them; Table 4 says which to take first.
Table 2 · What you already bring
Of the 6 skills that carry over, these are the ones fewest other occupations ask for. A futures trader role needs them, and most people applying for one will not have them already. This is the part of a forecast manager background worth leading with.
- already held forecast economic trends information skills
- already held analyse economic trends information skills
- already held financial forecasting business, administration and law
- already held economics social sciences, journalism and information
- already held analyse market financial trends information skills
- already held statistics natural sciences, mathematics and statistics
All 6 carried skills, including the 4 the futures trader role treats as required.
Table 3 · What you would need to learn
The 19 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.
- required, not held commercial law required
- required, not held financial markets required
- required, not held international trade required
- optional, not held international commercial transactions rules optional
- optional, not held banking activities optional
- optional, not held financial jurisdiction optional
- optional, not held financial products optional
- optional, not held international law optional
- optional, not held securities optional
- required, not held analyse financial risk required
- required, not held perform financial risk management in international trade required
- optional, not held maintain records of financial transactions optional
- optional, not held trace financial transactions optional
- required, not held trade future commodities required
- optional, not held negotiate sale of commodities optional
- optional, not held negotiate sales contracts optional
- optional, not held trade securities optional
- optional, not held operate financial instruments optional
- optional, not held actuarial science optional
Table 4 · Where to start
The 3 entries a futures trader role is least likely to hire without. The ordering is computed from the skill data, not from what pays.
- 01 trade future commodities skill · occupation specific
- 02 commercial law knowledge · sector specific
- 03 analyse financial risk skill · cross sector
Each entry opens a course search for that skill. Career Overlap earns nothing from these links.
Appendix · The rest of the record
All 6 skills that carry over
- already held analyse economic trends skill
- already held analyse market financial trends skill
- already held economics knowledge
- already held forecast economic trends skill
- already held financial forecasting knowledge
- already held statistics knowledge
13 supplementary skills, helpful but not required
- optional, not held actuarial science optional
- optional, not held international commercial transactions rules optional
- optional, not held negotiate sale of commodities optional
- optional, not held negotiate sales contracts optional
- optional, not held banking activities optional
- optional, not held financial jurisdiction optional
- optional, not held financial products optional
- optional, not held international law optional
- optional, not held maintain records of financial transactions optional
- optional, not held operate financial instruments optional
- optional, not held securities optional
- optional, not held trace financial transactions optional
- optional, not held trade securities optional
34 held skills the futures trader role does not ask for
- not needed by the target role analyse logistic changes skill
- not needed by the target role analyse logistic needs skill
- not needed by the target role analyse supply chain strategies skill
- not needed by the target role analyse supply chain trends skill
- not needed by the target role assess supplier risks skill
- not needed by the target role assist in planning production scheduling skill
- not needed by the target role calculate purchasing levels of raw materials skill
- not needed by the target role consumer goods industry knowledge
- not needed by the target role coordinate purchasing activities skill
- not needed by the target role corporate social responsibility knowledge
- not needed by the target role estimate costs of required supplies skill
- not needed by the target role follow company standards skill
- not needed by the target role forecast dividend trends skill
- not needed by the target role forecast future levels of business skill
- not needed by the target role forecast production quantities skill
- not needed by the target role forecast products' demand skill
- not needed by the target role forecast sales over periods of time skill
- not needed by the target role identify suppliers skill
- not needed by the target role international business knowledge
- not needed by the target role liaise with managers skill
- not needed by the target role maintain relationship with customers skill
- not needed by the target role maintain relationship with suppliers skill
- not needed by the target role manage inventory skill
- not needed by the target role manage logistics skill
- not needed by the target role manage standard enterprise resource planning system skill
- not needed by the target role manage supplies skill
- not needed by the target role monitor ingredient storage skill
- not needed by the target role order supplies skill
- not needed by the target role strive for company growth skill
- not needed by the target role study sales levels of products skill
- not needed by the target role supplier management knowledge
- not needed by the target role supply chain management knowledge
- not needed by the target role supply chain principles knowledge
- not needed by the target role use sales forecasting softwares skill
10 gaps that are knowledge rather than practice
Knowledge gaps usually close through study. Practical skill gaps usually need something you can point at.
- required, not held commercial law required
- required, not held financial markets required
- required, not held international trade required
- optional, not held actuarial science optional
- optional, not held international commercial transactions rules optional
- optional, not held banking activities optional
- optional, not held financial jurisdiction optional
- optional, not held financial products optional
- optional, not held international law optional
- optional, not held securities optional
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.