Bank account manager to relationship banking manager
A bank account manager already meets 53% of what the relationship banking manager role asks for. The move turns on 8 required skills not yet in the profile.
55.2/ 100
1 How much of what a relationship banking manager is expected to do is already part of a bank account manager’s work. Directional: the figure for the reverse move differs, because moving into a speciality is not the same problem as moving out of one. 2 Every skill the relationship banking manager role is recorded as needing, required and optional together. What these numbers mean.
Why this move works
A relationship banking manager role treats 17 of its required skills as things a bank account manager already does. You would walk in with these on day one.
- advise on financial matters
- apply technical communication skills
- core banking software
- corporate social responsibility
- create a financial plan
- customer service
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 23 skills that carry over, these are the ones fewest other occupations ask for. A relationship banking manager role needs them, and most people applying for one will not have them already. This is the part of a bank account manager background worth leading with.
- already held core banking software information and communication technologies (icts)
- already held offer financial services communication, collaboration and creativity
- already held enforce financial policies management skills
- already held provide financial product information communication, collaboration and creativity
- already held financial analysis business, administration and law
- already held communicate with banking professionals communication, collaboration and creativity
All 23 carried skills, including the 17 the relationship banking manager role treats as required.
Table 3 · What you may need to learn
The 33 missing skills fall into 5 areas of the ESCO skill hierarchy, numbered in the order worth working in. Areas carrying the most required skills come first, and inside each one the required skills sit above the optional ones. Nothing here is a verdict on you: it is a list of what this particular job asks for that your current one does not.
- still to learn advise on investment required
- still to learn identify customer's needs required
- still to learn maintain relationship with customers required
- still to learn prospect new customers required
- optional, not held inform on interest rates optional
- optional, not held advise on credit rating optional
- optional, not held build business relationships optional
- optional, not held negotiate with stakeholders optional
- optional, not held present reports optional
- still to learn financial jurisdiction required
- still to learn financial markets required
- optional, not held foreign valuta optional
- optional, not held principles of insurance optional
- optional, not held accounting techniques optional
- optional, not held business loans optional
- optional, not held business management principles optional
- optional, not held mortgage loans optional
- optional, not held relationship marketing optional
- optional, not held tax legislation optional
- optional, not held types of insurance optional
- still to learn consult credit score required
- still to learn provide cost benefit analysis reports required
- optional, not held monitor loan portfolio optional
- optional, not held analyse business plans optional
- optional, not held analyse financial risk optional
- optional, not held conduct financial audits optional
- optional, not held examine credit ratings optional
- optional, not held manage financial risk optional
- optional, not held monitor stock market optional
- optional, not held apply credit risk policy optional
- optional, not held assist in loan applications optional
- optional, not held ensure compliance with company regulations optional
- optional, not held operate financial instruments optional
Table 4 · Where to start
The 3 entries a relationship banking manager role is least likely to hire without. The ordering is computed from the skill data, not from what pays.
- 01 advise on investment practise this
- 02 consult credit score practise this
- 03 identify customer's needs practise this
Each entry opens a course search for that skill. Career Overlap earns nothing from these links.
Appendix · The rest of the record
All 23 skills that carry over
- already held advise on financial matters skill
- already held apply technical communication skills skill
- already held core banking software knowledge
- already held corporate social responsibility knowledge
- already held create a financial plan skill
- already held customer service knowledge
- already held enforce financial policies skill
- already held financial analysis knowledge
- already held financial management knowledge
- already held financial products knowledge
- already held financial statements knowledge
- already held follow company standards skill
- already held liaise with managers skill
- already held obtain financial information skill
- already held offer financial services skill
- already held provide financial product information skill
- already held strive for company growth skill
- already held analyse financial performance of a company skill
- already held analyse market financial trends skill
- already held communicate with banking professionals skill
- already held economics knowledge
- already held plan health and safety procedures skill
- already held securities knowledge
25 supplementary skills, helpful but not required
- optional, not held foreign valuta optional
- optional, not held inform on interest rates optional
- optional, not held monitor loan portfolio optional
- optional, not held principles of insurance optional
- optional, not held accounting techniques optional
- optional, not held advise on credit rating optional
- optional, not held analyse business plans optional
- optional, not held analyse financial risk optional
- optional, not held apply credit risk policy optional
- optional, not held assist in loan applications optional
- optional, not held build business relationships optional
- optional, not held business loans optional
- optional, not held business management principles optional
- optional, not held conduct financial audits optional
- optional, not held ensure compliance with company regulations optional
- optional, not held examine credit ratings optional
- optional, not held manage financial risk optional
- optional, not held monitor stock market optional
- optional, not held mortgage loans optional
- optional, not held negotiate with stakeholders optional
- optional, not held operate financial instruments optional
- optional, not held present reports optional
- optional, not held relationship marketing optional
- optional, not held tax legislation optional
- optional, not held types of insurance optional
13 held skills the relationship banking manager role does not ask for
- not needed by the target role advise on bank account skill
- not needed by the target role banking activities knowledge
- not needed by the target role create banking accounts skill
- not needed by the target role electronic communication knowledge
- not needed by the target role ethics knowledge
- not needed by the target role handle financial transactions skill
- not needed by the target role maintain records of financial transactions skill
- not needed by the target role produce statistical financial records skill
- not needed by the target role promote financial products 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 solve bank account problems skill
- not needed by the target role trace financial transactions skill
11 gaps that are knowledge rather than practice
Knowledge gaps usually close through study. Practical skill gaps usually need something you can point at.
- still to learn financial jurisdiction required
- still to learn financial markets required
- optional, not held foreign valuta optional
- optional, not held principles of insurance optional
- optional, not held accounting techniques optional
- optional, not held business loans optional
- optional, not held business management principles optional
- optional, not held mortgage loans optional
- optional, not held relationship marketing optional
- optional, not held tax legislation optional
- optional, not held types of insurance optional
Other moves recorded from bank account manager
Common questions about this move
Can a bank account manager become a relationship banking manager?
Yes, and it is a substantial move. A bank account manager already covers 53% of what a relationship banking manager is expected to do: 23 skills carry over, 17 of which the relationship banking manager role treats as required.
What skills does a bank account manager need to become a relationship banking manager?
8 required skills are missing, plus 25 optional ones. They fall into 5 areas of the ESCO skill hierarchy, led by communication, collaboration and creativity. The single most important is advise on investment.
How hard is the move from bank account manager to relationship banking manager?
Its learning distance is 55.2 out of 100, which is the substantial band. That accounts for both how much is missing and how specialised those skills are.
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.