Banking products manager to bank account manager
A banking products manager already meets 54% of what the bank account manager role asks for. The move turns on 10 required skills not yet in the profile.
50.6/ 100
1 How much of what a bank account manager is expected to do is already part of a banking products 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 bank account manager role is recorded as needing, required and optional together. What these numbers mean.
Why this move works
A bank account manager role treats 12 of its required skills as things a banking products manager already does. You would walk in with these on day one.
- advise on financial matters
- analyse financial performance of a company
- banking activities
- core banking software
- corporate social responsibility
- create a financial plan
What stands in the way is 10 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 19 skills that carry over, these are the ones fewest other occupations ask for. A bank account manager role needs them, and most people applying for one will not have them already. This is the part of a banking products manager background worth leading with.
- already held core banking software information and communication technologies (icts)
- already held enforce financial policies management skills
- already held financial analysis business, administration and law
- already held communicate with banking professionals communication, collaboration and creativity
- already held financial products business, administration and law
- already held securities business, administration and law
All 19 carried skills, including the 12 the bank account manager role treats as required.
Table 3 · What you may need to learn
The 17 missing skills fall into 6 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 bank account required
- still to learn offer financial services required
- still to learn solve bank account problems required
- still to learn apply technical communication skills required
- still to learn protect client interests required
- still to learn provide financial product information required
- optional, not held promote financial products optional
- still to learn provide support in financial calculation required
- optional, not held maintain records of financial transactions optional
- optional, not held obtain financial information optional
- optional, not held produce statistical financial records optional
- optional, not held trace financial transactions optional
- still to learn create banking accounts required
- optional, not held handle financial transactions optional
- still to learn ethics required
- still to learn electronic communication required
- optional, not held customer service optional
Table 4 · Where to start
The 3 entries a bank account manager role is least likely to hire without. The ordering is computed from the skill data, not from what pays.
- 01 advise on bank account practise this
- 02 create banking accounts practise this
- 03 offer financial services 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 19 skills that carry over
- already held advise on financial matters skill
- already held analyse financial performance of a company skill
- already held banking activities knowledge
- already held core banking software knowledge
- already held corporate social responsibility knowledge
- already held create a financial plan skill
- already held enforce financial policies skill
- already held financial analysis knowledge
- already held financial management knowledge
- already held financial statements knowledge
- already held follow company standards skill
- already held liaise with managers skill
- already held analyse market financial trends skill
- already held communicate with banking professionals skill
- already held economics knowledge
- already held financial products knowledge
- already held plan health and safety procedures skill
- already held securities knowledge
- already held strive for company growth skill
7 supplementary skills, helpful but not required
- optional, not held customer service optional
- optional, not held promote financial products optional
- optional, not held handle financial transactions optional
- optional, not held maintain records of financial transactions optional
- optional, not held obtain financial information optional
- optional, not held produce statistical financial records optional
- optional, not held trace financial transactions optional
26 held skills the bank account manager role does not ask for
- not needed by the target role advise on communication strategies skill
- not needed by the target role advise on investment skill
- not needed by the target role analyse business plans skill
- not needed by the target role analyse financial risk skill
- not needed by the target role carry out strategic research skill
- not needed by the target role coordinate marketing plan actions skill
- not needed by the target role cost management knowledge
- not needed by the target role define measurable marketing objectives skill
- not needed by the target role develop product design skill
- not needed by the target role develop product policies skill
- not needed by the target role draw conclusions from market research results skill
- not needed by the target role electronic business knowledge
- not needed by the target role ensure finished product meet requirements skill
- not needed by the target role financial markets knowledge
- not needed by the target role make strategic business decisions skill
- not needed by the target role market research knowledge
- not needed by the target role marketing management knowledge
- not needed by the target role marketing principles knowledge
- not needed by the target role operate financial instruments skill
- not needed by the target role perform market research skill
- not needed by the target role plan product management skill
- not needed by the target role prepare market research reports skill
- not needed by the target role sales strategies knowledge
- not needed by the target role statistics knowledge
- not needed by the target role survey techniques knowledge
- not needed by the target role trading software knowledge
3 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 electronic communication required
- still to learn ethics required
- optional, not held customer service optional
Common questions about this move
Can a banking products manager become a bank account manager?
Yes, and it is a moderate move. A banking products manager already covers 54% of what a bank account manager is expected to do: 19 skills carry over, 12 of which the bank account manager role treats as required.
What skills does a banking products manager need to become a bank account manager?
10 required skills are missing, plus 7 optional ones. They fall into 6 areas of the ESCO skill hierarchy, led by communication, collaboration and creativity. The single most important is advise on bank account.
How hard is the move from banking products manager to bank account manager?
Its learning distance is 50.6 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.