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

mutual fund brokertosecurities broker

A mutual fund broker already meets 71% of what the securities broker role asks for. The move turns on 4 required skills not yet in the profile.

From mutual fund broker
71%
Overlap1
To securities broker
21 Skills carried over
4 Required, not held
30.9 Difficulty2
Career overlap Strong match

71%

Learning distance Real move, short list to learn

30.9/ 100

1 Share of the securities broker role’s weighted skill requirement already met by the mutual fund 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.

Why

Why this move works

A securities broker role treats 16 of its required skills as things a mutual fund broker already does. These are the ones it depends on most.

  • actuarial science
  • advise on financial matters
  • analyse financial risk
  • analyse market financial trends
  • apply technical communication skills
  • create a financial plan

What stands in the way is 4 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 21 skills that carry over, these are the ones fewest other occupations ask for. A securities broker role needs them, and most people applying for one will not have them already. This is the part of a mutual fund 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 perform stock valuation information skills
  • already held forecast economic trends information skills
  • already held provide financial product information communication, collaboration and creativity
  • already held modern portfolio theory business, administration and law

All 21 carried skills, including the 16 the securities broker role treats as required.

Table 3

Table 3 · What you would need to learn

The 13 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, 2 supplementary
  • required, not held assess risks of clients' assets required
  • required, not held maintain records of financial transactions required
  • required, not held obtain financial information required
  • optional, not held provide support in financial calculation optional
  • optional, not held trace financial transactions optional
02 communication, collaboration and creativity 1 required, 2 supplementary
  • required, not held protect client interests required
  • optional, not held communicate with banking professionals optional
  • optional, not held communicate with customers optional
03 business, administration and law 3 supplementary
  • optional, not held accounting optional
  • optional, not held banking activities optional
  • optional, not held tax legislation optional
04 engineering, manufacturing and construction 1 supplementary
  • optional, not held electronic communication 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 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 21 skills that carry over
Skill Type
  • already held actuarial science knowledge
  • already held advise on financial matters skill
  • already held analyse financial risk skill
  • already held analyse market financial trends skill
  • already held apply technical communication skills skill
  • already held create a financial plan skill
  • 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 handle financial transactions skill
  • already held review investment portfolios skill
  • already held securities knowledge
  • already held stock market knowledge
  • already held trade securities skill
  • already held build business relationships skill
  • already held modern portfolio theory knowledge
  • already held operate financial instruments skill
  • already held perform stock valuation skill
  • already held provide financial product information skill
9 supplementary skills, helpful but not required
Skill to acquire Tier
  • optional, not held accounting optional
  • optional, not held banking activities optional
  • optional, not held communicate with banking professionals optional
  • optional, not held communicate with customers optional
  • optional, not held electronic communication optional
  • optional, not held provide support in financial calculation optional
  • optional, not held statistics optional
  • optional, not held tax legislation optional
  • optional, not held trace financial transactions optional
11 held skills the securities broker role does not ask for
Skill Type
  • not needed by the target role analyse economic trends skill
  • not needed by the target role asset management knowledge
  • not needed by the target role customer service knowledge
  • not needed by the target role develop investment portfolio skill
  • not needed by the target role develop professional network skill
  • not needed by the target role implement hedging strategies for clients skill
  • not needed by the target role investment analysis knowledge
  • not needed by the target role liaise with shareholders skill
  • not needed by the target role monitor stock market skill
  • not needed by the target role offer financial services skill
  • not needed by the target role provide cost benefit analysis reports skill
5 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
  • optional, not held accounting optional
  • optional, not held banking activities optional
  • optional, not held electronic communication optional
  • optional, not held statistics optional
  • optional, not held tax legislation optional
Index

Other moves recorded from mutual fund broker

Full index of moves from mutual fund 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.