Bank treasurer to financial broker
A bank treasurer already meets 58% of what the financial broker role asks for. The move turns on 6 required skills not yet in the profile.
41.9/ 100
1 How much of what a financial broker is expected to do is already part of a bank treasurer’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 financial broker role is recorded as needing, required and optional together. What these numbers mean.
Why this move works
A financial broker role treats 10 of its required skills as things a bank treasurer already does. You would walk in with these on day one.
- advise on financial matters
- analyse market financial trends
- create a financial plan
- economics
- financial jurisdiction
- financial products
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 · What you already bring
Of the 16 skills that carry over, these are the ones fewest other occupations ask for. A financial broker role needs them, and most people applying for one will not have them already. This is the part of a bank treasurer background worth leading with.
- already held conduct financial audits information skills
- already held synthesise financial information information skills
- already held maintain records of financial transactions information skills
- already held trace financial transactions information skills
- already held financial jurisdiction business, administration and law
- already held communicate with banking professionals communication, collaboration and creativity
All 16 carried skills, including the 10 the financial broker role treats as required.
Table 3 · What you may need to learn
The 14 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 apply technical communication skills required
- still to learn protect client interests required
- still to learn provide financial product information required
- still to learn trade securities required
- optional, not held communicate with customers optional
- optional, not held handle financial disputes optional
- optional, not held review investment portfolios optional
- still to learn manage financial risk required
- optional, not held provide cost benefit analysis reports optional
- optional, not held provide support in financial calculation optional
- still to learn actuarial science required
- optional, not held operate financial instruments optional
- optional, not held optimise financial performance optional
- optional, not held modern portfolio theory optional
Table 4 · Where to start
The 3 entries a financial broker role is least likely to hire without. The ordering is computed from the skill data, not from what pays.
- 01 actuarial science study this
- 02 apply technical communication skills practise this
- 03 manage financial risk 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 16 skills that carry over
- already held advise on financial matters skill
- already held analyse market financial trends skill
- already held create a financial plan skill
- already held economics knowledge
- already held financial jurisdiction knowledge
- already held financial products knowledge
- already held maintain financial records skill
- already held obtain financial information skill
- already held securities knowledge
- already held synthesise financial information skill
- already held banking activities knowledge
- already held communicate with banking professionals skill
- already held conduct financial audits skill
- already held handle financial transactions skill
- already held maintain records of financial transactions skill
- already held trace financial transactions skill
8 supplementary skills, helpful but not required
- optional, not held communicate with customers optional
- optional, not held handle financial disputes optional
- optional, not held modern portfolio theory optional
- optional, not held operate financial instruments optional
- optional, not held optimise financial performance optional
- optional, not held provide cost benefit analysis reports optional
- optional, not held provide support in financial calculation optional
- optional, not held review investment portfolios optional
30 held skills the financial broker role does not ask for
- not needed by the target role accounting knowledge
- not needed by the target role accounting techniques knowledge
- not needed by the target role analyse financial performance of a company skill
- not needed by the target role check accounting records skill
- not needed by the target role corporate social responsibility knowledge
- not needed by the target role create a financial report skill
- not needed by the target role develop audit plan skill
- not needed by the target role enforce financial policies skill
- not needed by the target role evaluate budgets skill
- not needed by the target role financial analysis knowledge
- not needed by the target role financial forecasting knowledge
- not needed by the target role financial management knowledge
- not needed by the target role financial markets knowledge
- not needed by the target role financial statements knowledge
- not needed by the target role follow company standards skill
- not needed by the target role investment analysis knowledge
- not needed by the target role liaise with managers skill
- not needed by the target role liquidity management knowledge
- not needed by the target role maintain relationship with customers skill
- not needed by the target role manage accounts skill
- not needed by the target role manage budgets skill
- not needed by the target role manage corporate bank accounts skill
- not needed by the target role plan health and safety procedures skill
- not needed by the target role prepare financial auditing reports skill
- not needed by the target role present reports skill
- not needed by the target role produce statistical financial records skill
- not needed by the target role statistics knowledge
- not needed by the target role strive for company growth skill
- not needed by the target role tax legislation knowledge
- not needed by the target role treasury management system knowledge
2 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 actuarial science required
- optional, not held modern portfolio theory optional
Common questions about this move
Can a bank treasurer become a financial broker?
Yes, and it is a moderate move. A bank treasurer already covers 58% of what a financial broker is expected to do: 16 skills carry over, 10 of which the financial broker role treats as required.
What skills does a bank treasurer need to become a financial broker?
6 required skills are missing, plus 8 optional ones. They fall into 5 areas of the ESCO skill hierarchy, led by communication, collaboration and creativity. The single most important is actuarial science.
How hard is the move from bank treasurer to financial broker?
Its learning distance is 41.9 out of 100, which is the moderate 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.