Career Overlap Transition record Edition 1 · ESCO v1.2.1
Table 1Transition record

futures tradertosecurities underwriter

A futures trader already meets 65% of what the securities underwriter role asks for. The move turns on 3 required skills not yet in the profile.

From futures trader
65%
Overlap1
To securities underwriter
18 Skills carried over
3 Required, not held
34.6 Difficulty2
Career overlap Strong match

65%

Learning distance Real move, short list to learn

34.6/ 100

1 Share of the securities underwriter role’s weighted skill requirement already met by the futures trader 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 securities underwriter role treats 11 of its required skills as things a futures trader already does. These are the ones it depends on most.

  • actuarial science
  • analyse economic trends
  • analyse market financial trends
  • commercial law
  • economics
  • financial jurisdiction

What stands in the way is 3 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 18 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 futures trader 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 forecast economic trends information skills
  • already held analyse economic trends information skills
  • already held commercial law business, administration and law
  • already held maintain records of financial transactions information skills

All 18 carried skills, including the 11 the securities underwriter role treats as required.

Table 3

Table 3 · What you would need to learn

The 15 missing skills fall into 4 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 communication, collaboration and creativity 1 required, 4 supplementary
  • required, not held protect client interests required
  • optional, not held advise on financial matters optional
  • optional, not held apply technical communication skills optional
  • optional, not held build business relationships optional
  • optional, not held communicate with banking professionals optional
02 information skills 1 required, 4 supplementary
  • required, not held monitor stock market required
  • optional, not held assess risks of clients' assets optional
  • optional, not held manage financial risk optional
  • optional, not held perform stock valuation optional
  • optional, not held provide support in financial calculation optional
03 business, administration and law 1 required, 1 supplementary
  • required, not held stock market required
  • optional, not held tax legislation optional
04 management skills 3 supplementary
  • optional, not held create a financial plan optional
  • optional, not held handle financial transactions optional
  • optional, not held manage securities 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 18 skills that carry over
Skill Type
  • already held actuarial science knowledge
  • already held analyse economic trends skill
  • already held analyse market financial trends skill
  • already held commercial law knowledge
  • already held economics knowledge
  • already held financial jurisdiction knowledge
  • already held financial markets knowledge
  • already held financial products knowledge
  • already held forecast economic trends skill
  • already held securities knowledge
  • already held trade securities skill
  • already held analyse financial risk skill
  • already held banking activities knowledge
  • already held financial forecasting knowledge
  • already held maintain records of financial transactions skill
  • already held operate financial instruments skill
  • already held statistics knowledge
  • already held trace financial transactions skill
12 supplementary skills, helpful but not required
Skill to acquire Tier
  • optional, not held advise on financial matters optional
  • optional, not held apply technical communication skills optional
  • optional, not held assess risks of clients' assets optional
  • optional, not held build business relationships optional
  • optional, not held communicate with banking professionals optional
  • optional, not held create a financial plan optional
  • optional, not held handle financial transactions optional
  • optional, not held manage financial risk optional
  • optional, not held manage securities optional
  • optional, not held perform stock valuation optional
  • optional, not held provide support in financial calculation optional
  • optional, not held tax legislation optional
7 held skills the securities underwriter role does not ask for
Skill Type
  • not needed by the target role international commercial transactions rules knowledge
  • not needed by the target role international law knowledge
  • not needed by the target role international trade knowledge
  • not needed by the target role negotiate sale of commodities skill
  • not needed by the target role negotiate sales contracts skill
  • not needed by the target role perform financial risk management in international trade skill
  • not needed by the target role trade future commodities skill
2 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 stock market required
  • optional, not held tax legislation optional
Index
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.