shipbrokertocommodity trader
A shipbroker already meets 42% of what the commodity trader role asks for. The move turns on 8 required skills not yet in the profile.
42%
54.5/ 100
1 Share of the commodity trader 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 this move works
A commodity trader role treats 5 of its required skills as things a shipbroker already does. These are the ones it depends on most.
- commercial law
- economics
- handle financial transactions
- international trade
- negotiate with stakeholders
What stands in the way is 8 required skills the profile does not yet cover. Table 3 groups them; Table 4 says which to take first.
Table 2 · What you already bring
Of the 12 skills that carry over, these are the ones fewest other occupations ask for. A commodity trader 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.
- 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 commercial law business, administration and law
- already held maintain records of financial transactions information skills
- already held trace financial transactions information skills
All 12 carried skills, including the 5 the commodity trader role treats as required.
Table 3 · What you would need to learn
The 15 missing skills fall into 6 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.
- required, not held analyse economic 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
- required, not held financial jurisdiction required
- required, not held financial markets required
- optional, not held financial forecasting optional
- optional, not held financial products optional
- optional, not held international business optional
- required, not held negotiate sale of commodities required
- required, not held trading software required
- optional, not held actuarial science optional
- optional, not held statistics optional
- optional, not held operate financial instruments optional
Table 4 · Where to start
The 3 entries a commodity trader role is least likely to hire without. The ordering is computed from the skill data, not from what pays.
- 01 negotiate sale of commodities skill · sector specific
- 02 trading software knowledge · sector specific
- 03 analyse economic trends skill · cross sector
Each entry opens a course search for that skill. Career Overlap earns nothing from these links.
Appendix · The rest of the record
All 12 skills that carry over
- already held commercial law knowledge
- already held economics knowledge
- already held handle financial transactions skill
- already held international trade knowledge
- already held negotiate with stakeholders skill
- already held banking activities knowledge
- 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 trace financial transactions skill
7 supplementary skills, helpful but not required
- optional, not held actuarial science optional
- optional, not held financial forecasting optional
- optional, not held financial products optional
- optional, not held forecast economic trends optional
- optional, not held international business optional
- optional, not held operate financial instruments optional
- optional, not held statistics optional
18 held skills the commodity trader role does not ask for
- 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 protect client interests skill
- not needed by the target role provide financial product information 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
8 gaps that are knowledge rather than practice
Knowledge gaps usually close through study. Practical skill gaps usually need something you can point at.
- required, not held trading software required
- required, not held financial jurisdiction required
- required, not held financial markets required
- optional, not held actuarial science optional
- optional, not held financial forecasting optional
- optional, not held financial products optional
- optional, not held international business optional
- optional, not held statistics optional
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.