stock brokertomutual fund broker
A stock broker already meets 71% of what the mutual fund broker role asks for. The move turns on 4 required skills not yet in the profile.
This move: 31.3 of 100 · moderate
1 Share of the mutual fund broker role’s weighted skill requirement already met by the stock broker 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 · What you already bring
Of the 21 skills that carry over, these are the ones fewest other occupations ask for. A mutual fund broker role needs them, and most people applying for one will not have them already. This is the part of a stock broker background worth leading with.
- already held asset management business, administration and law
- already held operate financial instruments management skills
- already held trade securities communication, collaboration and creativity
- already held perform stock valuation information skills
- already held forecast economic trends information skills
- already held provide financial product information communication, collaboration and creativity
All 21 carried skills, including the 13 the mutual fund broker role treats as required.
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.
- required, not held analyse economic trends required
- required, not held monitor stock market required
- optional, not held provide cost benefit analysis reports optional
- required, not held investment analysis required
- optional, not held customer service optional
- required, not held develop investment portfolio required
- optional, not held create a financial plan optional
- optional, not held implement hedging strategies for clients optional
- optional, not held offer financial services optional
- optional, not held develop professional network optional
- optional, not held liaise with shareholders optional
Table 4 · Where to start
The 3 entries a mutual fund broker role is least likely to hire without. The ordering is computed from the skill data, not from what pays.
- 01 investment analysis knowledge · sector specific
- 02 analyse economic trends skill · cross sector
- 03 develop investment portfolio 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 21 skills that carry over
- already held actuarial science knowledge
- already held analyse market financial trends skill
- already held economics knowledge
- already held financial markets knowledge
- already held financial products knowledge
- already held forecast economic trends skill
- already held modern portfolio theory knowledge
- already held operate financial instruments skill
- already held provide financial product information skill
- already held review investment portfolios 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 apply technical communication skills skill
- already held asset management knowledge
- already held build business relationships skill
- already held financial jurisdiction knowledge
- already held handle financial transactions skill
- already held perform stock valuation skill
7 supplementary skills, helpful but not required
- optional, not held customer service optional
- optional, not held implement hedging strategies for clients optional
- optional, not held offer financial services optional
- optional, not held create a financial plan optional
- optional, not held develop professional network optional
- optional, not held liaise with shareholders optional
- optional, not held provide cost benefit analysis reports optional
17 held skills the mutual fund broker role does not ask for
- not needed by the target role accounting knowledge
- not needed by the target role assess risks of clients' assets skill
- not needed by the target role banking activities knowledge
- not needed by the target role communicate with banking professionals skill
- not needed by the target role communicate with customers skill
- not needed by the target role create a financial report skill
- not needed by the target role examine credit ratings skill
- not needed by the target role fundamental analysis knowledge
- not needed by the target role holding company activities knowledge
- not needed by the target role maintain records of financial transactions skill
- not needed by the target role manage financial risk skill
- not needed by the target role obtain financial information 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 statistics knowledge
- not needed by the target role tax legislation knowledge
- not needed by the target role trace financial transactions 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.
- required, not held investment analysis required
- optional, not held customer service 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.