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

securities tradertosecurities underwriter

A securities trader already meets 75% of what the securities underwriter role asks for. The move turns on 2 required skills not yet in the profile.

From securities trader
75%
Overlap1
To securities underwriter
22 Skills carried over
2 Required, not held
26.1 Difficulty2
Career overlap Very strong match

75%

Learning distance Short step

26.1/ 100

1 Share of the securities underwriter role’s weighted skill requirement already met by the securities 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 12 of its required skills as things a securities trader already does. These are the ones it depends on most.

  • actuarial science
  • analyse economic trends
  • analyse market financial trends
  • economics
  • financial jurisdiction
  • financial markets

What stands in the way is 2 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 22 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 securities trader background worth leading with.

Skill the target role also needs Area
  • already held trade securities communication, collaboration and creativity
  • already held monitor stock market information skills
  • already held perform stock valuation information skills
  • already held forecast economic trends information skills
  • already held stock market business, administration and law
  • already held analyse economic trends information skills

All 22 carried skills, including the 12 the securities underwriter role treats as required.

Table 3

Table 3 · What you would need to learn

The 11 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, 3 supplementary
  • required, not held protect client interests required
  • optional, not held apply technical communication skills optional
  • optional, not held build business relationships optional
  • optional, not held communicate with banking professionals optional
02 business, administration and law 1 required, 1 supplementary
  • required, not held commercial law required
  • optional, not held financial forecasting optional
03 information skills 3 supplementary
  • optional, not held assess risks of clients' assets optional
  • optional, not held manage financial risk optional
  • optional, not held provide support in financial calculation optional
04 management skills 2 supplementary
  • optional, not held manage securities optional
  • optional, not held operate financial instruments optional
Table 4

Table 4 · Where to start

The 2 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 22 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 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 monitor stock market skill
  • already held securities knowledge
  • already held stock market knowledge
  • already held trade securities skill
  • already held advise on financial matters skill
  • already held analyse financial risk skill
  • already held banking activities knowledge
  • already held create a financial plan skill
  • already held handle financial transactions skill
  • already held maintain records of financial transactions skill
  • already held perform stock valuation skill
  • already held statistics knowledge
  • already held tax legislation knowledge
  • already held trace financial transactions skill
9 supplementary skills, helpful but not required
Skill to acquire Tier
  • 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 financial forecasting optional
  • optional, not held manage financial risk optional
  • optional, not held manage securities optional
  • optional, not held operate financial instruments optional
  • optional, not held provide support in financial calculation optional
16 held skills the securities underwriter role does not ask for
Skill Type
  • not needed by the target role accounting techniques knowledge
  • not needed by the target role advise on investment skill
  • not needed by the target role communicate with customers skill
  • not needed by the target role develop investment portfolio skill
  • not needed by the target role examine credit ratings skill
  • not needed by the target role interpret financial statements skill
  • not needed by the target role investment analysis knowledge
  • not needed by the target role make investment decisions skill
  • not needed by the target role modern portfolio theory knowledge
  • not needed by the target role obtain financial information skill
  • not needed by the target role offer financial services skill
  • not needed by the target role office software knowledge
  • not needed by the target role perform financial market business skill
  • not needed by the target role provide financial product information skill
  • not needed by the target role review investment portfolios skill
  • not needed by the target role write work-related reports 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 commercial law required
  • optional, not held financial forecasting 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.