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

shipbrokertocommodity broker

A shipbroker already meets 36% of what the commodity broker role asks for. The move turns on 10 required skills not yet in the profile.

From shipbroker
36%
Overlap1
To commodity broker
14 Skills carried over
10 Required, not held
61 Difficulty2
Career overlap Distant match

36%

Learning distance Substantial retraining

61/ 100

1 Share of the commodity broker role’s weighted skill requirement already met by the shipbroker 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 commodity broker role treats 4 of its required skills as things a shipbroker already does. These are the ones it depends on most.

  • commercial law
  • economics
  • international trade
  • negotiate with stakeholders

What stands in the way is 10 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 14 skills that carry over, these are the ones fewest other occupations ask for. A commodity broker role needs them, and most people applying for one will not have them already. This is the part of a shipbroker background worth leading with.

Skill the target role also needs Area
  • already held negotiate price communication, collaboration and creativity
  • already held international trade business, administration and law
  • already held negotiate with stakeholders communication, collaboration and creativity
  • already held provide financial product information communication, collaboration and creativity
  • already held commercial law business, administration and law
  • already held maintain records of financial transactions information skills

All 14 carried skills, including the 4 the commodity broker role treats as required.

Table 3

Table 3 · What you would need to learn

The 20 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 5 required, 1 supplementary
  • required, not held analyse economic trends required
  • required, not held analyse energy market trends required
  • required, not held analyse financial risk required
  • required, not held analyse market financial trends required
  • required, not held perform financial risk management in international trade required
  • optional, not held forecast economic trends optional
02 communication, collaboration and creativity 4 required, 2 supplementary
  • required, not held negotiate sale of commodities required
  • required, not held advise on financial matters required
  • required, not held apply technical communication skills required
  • required, not held review investment portfolios required
  • optional, not held build business relationships optional
  • optional, not held communicate with banking professionals optional
03 business, administration and law 1 required, 4 supplementary
  • required, not held financial markets required
  • optional, not held financial forecasting optional
  • optional, not held financial jurisdiction optional
  • optional, not held financial products optional
  • optional, not held modern portfolio theory optional
04 natural sciences, mathematics and statistics 2 supplementary
  • optional, not held actuarial science optional
  • optional, not held statistics optional
05 management skills 1 supplementary
  • optional, not held operate financial instruments optional
Table 4

Table 4 · Where to start

The 3 entries a commodity 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 14 skills that carry over
Skill Type
  • already held commercial law knowledge
  • already held economics knowledge
  • already held international trade knowledge
  • already held negotiate with stakeholders skill
  • already held banking activities knowledge
  • already held handle financial transactions skill
  • already held international commercial transactions rules knowledge
  • already held maintain records of financial transactions skill
  • already held negotiate buying conditions skill
  • already held negotiate price skill
  • already held negotiate sales contracts skill
  • already held protect client interests skill
  • already held provide financial product information skill
  • already held trace financial transactions skill
10 supplementary skills, helpful but not required
Skill to acquire Tier
  • optional, not held actuarial science 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 financial jurisdiction optional
  • optional, not held financial products optional
  • optional, not held forecast economic trends optional
  • optional, not held modern portfolio theory optional
  • optional, not held operate financial instruments optional
  • optional, not held statistics optional
16 held skills the commodity broker role does not ask for
Skill Type
  • not needed by the target role advise on merchandise features skill
  • not needed by the target role commodities in maritime transportation knowledge
  • not needed by the target role consult shipping rates skill
  • not needed by the target role demonstrate products' features skill
  • not needed by the target role develop professional network skill
  • not needed by the target role direct logistical functions skill
  • not needed by the target role distinguish various types of ships skill
  • not needed by the target role electronic communication knowledge
  • not needed by the target role liaise with transportation services skill
  • not needed by the target role manage contracts skill
  • not needed by the target role maritime law knowledge
  • not needed by the target role obtain financial information skill
  • not needed by the target role oversee shipment routing skill
  • not needed by the target role ship related legislative requirements knowledge
  • not needed by the target role shipping industry knowledge
  • not needed by the target role trade ships skill
7 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 financial markets required
  • optional, not held actuarial science optional
  • optional, not held financial forecasting optional
  • optional, not held financial jurisdiction optional
  • optional, not held financial products optional
  • optional, not held modern portfolio theory optional
  • optional, not held statistics optional
Index

Other moves recorded from shipbroker

Full index of moves from shipbroker

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.