Table 1Transition record

back office specialisttoforeign exchange cashier

A back office specialist already meets 41% of what the foreign exchange cashier role asks for. The move turns on 6 required skills not yet in the profile.

From back office specialist

41%

Overlap1

To foreign exchange cashier

9 Skills carried over

6 Required, not held

54.8 Difficulty2

Career overlap Partial match

41%

Learning distance Real move, short list to learn

54.8/ 100

Easy adjacentmoderatesubstantialcareer change Hard

1 Share of the foreign exchange cashier role’s weighted skill requirement already met by the back office specialist 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 foreign exchange cashier role treats 5 of its required skills as things a back office specialist already does. These are the ones it depends on most.

banking activities
handle financial transactions
maintain records of financial transactions
perform clerical duties
provide financial product information

What stands in the way is 6 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 9 skills that carry over, these are the ones fewest other occupations ask for. A foreign exchange cashier role needs them, and most people applying for one will not have them already. This is the part of a back office specialist background worth leading with.

Skill the target role also needs Area

already held offer financial services communication, collaboration and creativity
already held provide financial product information communication, collaboration and creativity
already held maintain records of financial transactions information skills
already held trace financial transactions information skills
already held perform clerical duties management skills
already held communicate with banking professionals communication, collaboration and creativity

All 9 carried skills, including the 5 the foreign exchange cashier role treats as required.

Table 3

Table 3 · What you would need to learn

The 15 missing skills fall into 7 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 2 required, 3 supplementary

required, not held customer service required
required, not held foreign valuta required

optional, not held commercial law optional
optional, not held financial jurisdiction optional
optional, not held financial markets optional

02 communication, collaboration and creativity 1 required, 3 supplementary

required, not held trade foreign currencies required

optional, not held provide customers with price information optional
optional, not held apply technical communication skills optional
optional, not held communicate with customers optional

03 information skills 1 required, 1 supplementary

required, not held maintain financial records required

optional, not held process order forms with customer's information optional

04 engineering, manufacturing and construction 1 required

required, not held electronic communication required

05 management skills 1 required

required, not held operate cash register required

06 assisting and caring 1 supplementary

optional, not held provide customers with order information optional

1 further area in the appendix

Table 4

Table 4 · Where to start

The 3 entries a foreign exchange cashier 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 9 skills that carry over

Skill Type

already held banking activities knowledge
already held handle financial transactions skill
already held maintain records of financial transactions skill
already held perform clerical duties skill
already held provide financial product information skill
already held communicate with banking professionals skill
already held offer financial services skill
already held statistics knowledge
already held trace financial transactions skill

The 1 learning area not shown above

Skill to acquire Tier

07 working with computers 1 supplementary

optional, not held use IT tools optional

9 supplementary skills, helpful but not required

Skill to acquire Tier

optional, not held commercial law optional
optional, not held process order forms with customer's information optional
optional, not held provide customers with order information optional
optional, not held provide customers with price information optional
optional, not held apply technical communication skills optional
optional, not held communicate with customers optional
optional, not held financial jurisdiction optional
optional, not held financial markets optional
optional, not held use IT tools optional

26 held skills the foreign exchange cashier 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 company policies skill
not needed by the target role business processes knowledge
not needed by the target role comply with legal regulations skill
not needed by the target role coordinate operational activities skill
not needed by the target role financial management knowledge
not needed by the target role financial products knowledge
not needed by the target role handle paperwork skill
not needed by the target role maintain contract administration skill
not needed by the target role manage administrative systems skill
not needed by the target role manage contracts skill
not needed by the target role manage financial aspects of a company skill
not needed by the target role manage loan administration skill
not needed by the target role manage staff skill
not needed by the target role monitor company policy skill
not needed by the target role obtain financial information skill
not needed by the target role office administration knowledge
not needed by the target role office software knowledge
not needed by the target role present reports skill
not needed by the target role principles of insurance knowledge
not needed by the target role process payments skill
not needed by the target role project management knowledge
not needed by the target role provide support in financial calculation skill
not needed by the target role securities knowledge
not needed by the target role use office systems skill
not needed by the target role use spreadsheets software skill

6 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 customer service required
required, not held foreign valuta required
required, not held electronic communication required
optional, not held commercial law optional
optional, not held financial jurisdiction optional
optional, not held financial markets optional

Index

Other moves recorded from back office specialist

Full index of moves from back office specialist

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.