Table 1Transition record

relationship banking managertofinancial broker

A relationship banking manager already meets 59% of what the financial broker role asks for. The move turns on 5 required skills not yet in the profile.

From relationship banking manager

59%

Overlap1

To financial broker

15 Skills carried over

5 Required, not held

40.6 Difficulty2

adjacent 0–30

moderate 30–55

substantial 55–75

career change 75–100

this move, 40.6

This move: 40.6 of 100 · moderate

1 Share of the financial broker role’s weighted skill requirement already met by the relationship banking 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.

Table 2

Table 2 · What you already bring

Of the 15 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 relationship banking manager background worth leading with.

Skill the target role also needs Area

already held operate financial instruments management skills
already held conduct financial audits information skills
already held provide financial product information communication, collaboration and creativity
already held financial jurisdiction business, administration and law
already held communicate with banking professionals communication, collaboration and creativity
already held financial products business, administration and law

All 15 carried skills, including the 11 the financial broker role treats as required.

Table 3

Table 3 · What you would need to learn

The 15 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 communication, collaboration and creativity 2 required, 3 supplementary

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 2 required, 3 supplementary

required, not held maintain financial records required
required, not held synthesise financial information required

optional, not held maintain records of financial transactions optional
optional, not held provide support in financial calculation optional
optional, not held trace financial transactions optional

03 natural sciences, mathematics and statistics 1 required

required, not held actuarial science required

04 business, administration and law 2 supplementary

optional, not held banking activities optional
optional, not held modern portfolio theory optional

05 management skills 2 supplementary

optional, not held handle financial transactions optional
optional, not held optimise financial performance optional

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 15 skills that carry over

Skill Type

already held advise on financial matters 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 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 communicate with banking professionals skill
already held conduct financial audits skill
already held operate financial instruments skill
already held provide cost benefit analysis reports skill

10 supplementary skills, helpful but not required

Skill to acquire Tier

optional, not held banking activities optional
optional, not held communicate with customers optional
optional, not held handle financial disputes optional
optional, not held handle financial transactions optional
optional, not held maintain records of financial transactions optional
optional, not held modern portfolio theory optional
optional, not held optimise financial performance optional
optional, not held provide support in financial calculation optional
optional, not held review investment portfolios optional
optional, not held trace financial transactions optional

41 held skills the financial broker role does not ask for

Skill Type

not needed by the target role accounting techniques knowledge
not needed by the target role advise on credit rating skill
not needed by the target role advise on investment skill
not needed by the target role analyse business plans skill
not needed by the target role analyse financial performance of a company skill
not needed by the target role analyse financial risk skill
not needed by the target role apply credit risk policy skill
not needed by the target role assist in loan applications skill
not needed by the target role build business relationships skill
not needed by the target role business loans knowledge
not needed by the target role business management principles knowledge
not needed by the target role consult credit score skill
not needed by the target role core banking software knowledge
not needed by the target role corporate social responsibility knowledge
not needed by the target role customer service knowledge
not needed by the target role enforce financial policies skill
not needed by the target role ensure compliance with company regulations skill
not needed by the target role examine credit ratings skill
not needed by the target role financial analysis knowledge
not needed by the target role financial management knowledge
not needed by the target role financial markets knowledge
not needed by the target role financial statements knowledge
not needed by the target role follow company standards skill
not needed by the target role foreign valuta knowledge
not needed by the target role identify customer's needs skill
not needed by the target role inform on interest rates skill
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 monitor loan portfolio skill
not needed by the target role monitor stock market skill
not needed by the target role mortgage loans knowledge
not needed by the target role negotiate with stakeholders skill
not needed by the target role offer financial services skill
not needed by the target role plan health and safety procedures skill
not needed by the target role present reports skill
not needed by the target role principles of insurance knowledge
not needed by the target role prospect new customers skill
not needed by the target role relationship marketing knowledge
not needed by the target role strive for company growth skill
not needed by the target role tax legislation knowledge

1 further entry not listed here

3 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
optional, not held banking activities optional
optional, not held modern portfolio theory optional

Index

Other moves recorded from relationship banking manager

Full index of moves from relationship banking 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.