Table 1Transition record

middle office analysttofinancial broker

A middle office analyst already meets 40% of what the financial broker role asks for. The move turns on 10 required skills not yet in the profile.

From middle office analyst

40%

Overlap1

To financial broker

13 Skills carried over

10 Required, not held

56.9 Difficulty2

adjacent 0–30

moderate 30–55

substantial 55–75

career change 75–100

this move, 56.9

This move: 56.9 of 100 · substantial

1 Share of the financial broker role’s weighted skill requirement already met by the middle office analyst 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 13 skills that carry over, these are the ones fewest other occupations ask for. A financial broker role needs them, and most people applying for one will not have them already. This is the part of a middle office analyst background worth leading with.

Skill the target role also needs Area

already held operate financial instruments management skills
already held provide financial product information communication, collaboration and creativity
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 communicate with banking professionals communication, collaboration and creativity

All 13 carried skills, including the 6 the financial broker role treats as required.

Table 3

Table 3 · What you would need to learn

The 17 missing skills fall into 6 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 3 required, 3 supplementary

required, not held apply technical communication skills required
required, not held protect client interests required
required, not held trade securities required

optional, not held communicate with customers optional
optional, not held handle financial disputes optional
optional, not held review investment portfolios optional

02 information skills 3 required, 2 supplementary

required, not held analyse market financial trends required
required, not held maintain financial records required
required, not held synthesise financial information required

optional, not held conduct financial audits optional
optional, not held provide cost benefit analysis reports optional

03 business, administration and law 1 required, 1 supplementary

required, not held financial jurisdiction required

optional, not held modern portfolio theory optional

04 management skills 1 required, 1 supplementary

required, not held create a financial plan required

optional, not held optimise financial performance optional

05 natural sciences, mathematics and statistics 1 required

required, not held actuarial science required

06 social sciences, journalism and information 1 required

required, not held economics required

Table 4

Table 4 · Where to start

The 3 entries a financial broker 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 13 skills that carry over

Skill Type

already held advise on financial matters skill
already held financial products knowledge
already held manage financial risk skill
already held obtain financial information skill
already held provide financial product information skill
already held securities knowledge
already held banking activities knowledge
already held communicate with banking professionals skill
already held handle financial transactions skill
already held maintain records of financial transactions skill
already held operate financial instruments skill
already held provide support in financial calculation skill
already held trace financial transactions skill

7 supplementary skills, helpful but not required

Skill to acquire Tier

optional, not held communicate with customers optional
optional, not held conduct financial audits optional
optional, not held handle financial disputes optional
optional, not held modern portfolio theory optional
optional, not held optimise financial performance optional
optional, not held provide cost benefit analysis reports optional
optional, not held review investment portfolios optional

23 held skills the financial broker role does not ask for

Skill Type

not needed by the target role analyse financial risk skill
not needed by the target role apply company policies skill
not needed by the target role asset management knowledge
not needed by the target role business processes knowledge
not needed by the target role comply with legal regulations skill
not needed by the target role conduct qualitative research skill
not needed by the target role customer relationship management knowledge
not needed by the target role enforce financial policies skill
not needed by the target role ensure compliance with legal requirements skill
not needed by the target role financial management knowledge
not needed by the target role handle paperwork skill
not needed by the target role investment banking knowledge
not needed by the target role maintain contract administration skill
not needed by the target role manage administrative systems skill
not needed by the target role manage contracts skill
not needed by the target role office administration knowledge
not needed by the target role office software knowledge
not needed by the target role perform clerical duties skill
not needed by the target role provide improvement strategies skill
not needed by the target role risk management knowledge
not needed by the target role statistics knowledge
not needed by the target role treasury management system knowledge
not needed by the target role use office systems skill

4 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 actuarial science required
required, not held economics required
required, not held financial jurisdiction required
optional, not held modern portfolio theory optional

Index

Other moves recorded from middle office analyst

Full index of moves from middle office analyst

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.