Table 1Transition record

securities underwritertofutures trader

A securities underwriter already meets 71% of what the futures trader role asks for. The move turns on 3 required skills not yet in the profile.

From securities underwriter

71%

Overlap1

To futures trader

18 Skills carried over

3 Required, not held

28.9 Difficulty2

adjacent 0–30

moderate 30–55

substantial 55–75

career change 75–100

this move, 28.9

This move: 28.9 of 100 · adjacent

1 Share of the futures trader role’s weighted skill requirement already met by the securities underwriter 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 18 skills that carry over, these are the ones fewest other occupations ask for. A futures trader role needs them, and most people applying for one will not have them already. This is the part of a securities underwriter background worth leading with.

Skill the target role also needs Area

already held operate financial instruments management skills
already held trade securities communication, collaboration and creativity
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 7 the futures trader role treats as required.

Table 3

Table 3 · What you would need to learn

The 7 missing skills fall into 3 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 business, administration and law 1 required, 2 supplementary

required, not held international trade required

optional, not held international commercial transactions rules optional
optional, not held international law optional

02 communication, collaboration and creativity 1 required, 2 supplementary

required, not held trade future commodities required

optional, not held negotiate sale of commodities optional
optional, not held negotiate sales contracts optional

03 information skills 1 required

required, not held perform financial risk management in international trade required

Table 4

Table 4 · Where to start

The 3 entries a futures trader 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 analyse economic trends skill
already held analyse financial risk skill
already held analyse market financial trends skill
already held commercial law knowledge
already held economics knowledge
already held financial markets knowledge
already held forecast economic trends skill
already held actuarial science knowledge
already held banking activities knowledge
already held financial forecasting knowledge
already held financial jurisdiction knowledge
already held financial products knowledge
already held maintain records of financial transactions skill
already held operate financial instruments skill
already held securities knowledge
already held statistics knowledge
already held trace financial transactions skill
already held trade securities skill

4 supplementary skills, helpful but not required

Skill to acquire Tier

optional, not held international commercial transactions rules optional
optional, not held negotiate sale of commodities optional
optional, not held negotiate sales contracts optional
optional, not held international law optional

15 held skills the futures trader role does not ask for

Skill Type

not needed by the target role advise on financial matters skill
not needed by the target role apply technical communication skills skill
not needed by the target role assess risks of clients' assets skill
not needed by the target role build business relationships skill
not needed by the target role communicate with banking professionals skill
not needed by the target role create a financial plan skill
not needed by the target role handle financial transactions skill
not needed by the target role manage financial risk skill
not needed by the target role manage securities skill
not needed by the target role monitor stock market skill
not needed by the target role perform stock valuation skill
not needed by the target role protect client interests skill
not needed by the target role provide support in financial calculation skill
not needed by the target role stock market knowledge
not needed by the target role tax legislation knowledge

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 international trade required
optional, not held international commercial transactions rules optional
optional, not held international law optional

Index

Other moves recorded from securities underwriter

Full index of moves from securities underwriter

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.