Banking products manager to investor relations manager
A banking products manager already meets 49% of what the investor relations manager role asks for. The move turns on 11 required skills not yet in the profile.
56.6/ 100
1 How much of what an investor relations 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 investor relations manager role is recorded as needing, required and optional together. What these numbers mean.
Why this move works
An investor relations manager role treats 15 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 business plans
- analyse financial performance of a company
- analyse market financial trends
- corporate social responsibility
- create a financial plan
What stands in the way is 11 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 18 skills that carry over, these are the ones fewest other occupations ask for. An investor relations 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 enforce financial policies management skills
- already held financial analysis business, administration and law
- already held make strategic business decisions management skills
- already held financial markets business, administration and law
- already held analyse business plans information skills
- already held securities business, administration and law
All 18 carried skills, including the 15 the investor relations manager role treats as required.
Table 3 · What you may need to learn
The 28 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 investment analysis required
- still to learn financial forecasting required
- still to learn funding methods required
- still to learn modern portfolio theory required
- still to learn public relations required
- still to learn stock market required
- optional, not held investment banking optional
- optional, not held asset management optional
- optional, not held business loans optional
- optional, not held business valuation techniques optional
- still to learn build business relationships required
- still to learn liaise with shareholders required
- still to learn perform public relations required
- optional, not held develop professional network optional
- optional, not held draft press releases optional
- optional, not held review investment portfolios optional
- still to learn ensure information transparency required
- optional, not held interpret financial statements optional
- optional, not held monitor stock market optional
- optional, not held obtain financial information optional
- optional, not held provide support in financial calculation optional
- optional, not held synthesise financial information optional
- still to learn business communication required
- optional, not held develop public relations strategies optional
- optional, not held integrate shareholders' interests in business plans optional
- optional, not held manage the handling of promotional materials optional
- optional, not held organise press conferences optional
- optional, not held actuarial science optional
Table 4 · Where to start
The 3 entries an investor relations manager role is least likely to hire without. The ordering is computed from the skill data, not from what pays.
- 01 investment analysis study this
- 02 build business relationships practise this
- 03 business communication study this
Each entry opens a course search for that skill. Career Overlap earns nothing from these links.
Appendix · The rest of the record
All 18 skills that carry over
- already held advise on financial matters skill
- already held analyse business plans skill
- already held analyse financial performance of a company skill
- already held analyse market financial trends skill
- 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 markets knowledge
- already held financial statements knowledge
- already held follow company standards skill
- already held liaise with managers skill
- already held securities knowledge
- already held strive for company growth skill
- already held analyse financial risk skill
- already held make strategic business decisions skill
- already held plan health and safety procedures skill
17 supplementary skills, helpful but not required
- optional, not held actuarial science optional
- optional, not held investment banking optional
- optional, not held asset management optional
- optional, not held business loans optional
- optional, not held business valuation techniques optional
- optional, not held develop professional network optional
- optional, not held develop public relations strategies optional
- optional, not held draft press releases optional
- optional, not held integrate shareholders' interests in business plans optional
- optional, not held interpret financial statements optional
- optional, not held manage the handling of promotional materials optional
- optional, not held monitor stock market optional
- optional, not held obtain financial information optional
- optional, not held organise press conferences optional
- optional, not held provide support in financial calculation optional
- optional, not held review investment portfolios optional
- optional, not held synthesise financial information optional
27 held skills the investor relations 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 banking activities knowledge
- not needed by the target role carry out strategic research skill
- not needed by the target role communicate with banking professionals skill
- not needed by the target role coordinate marketing plan actions skill
- not needed by the target role core banking software knowledge
- 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 economics knowledge
- 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 products knowledge
- 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
12 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 investment analysis required
- still to learn business communication required
- still to learn financial forecasting required
- still to learn funding methods required
- still to learn modern portfolio theory required
- still to learn public relations required
- still to learn stock market required
- optional, not held actuarial science optional
- optional, not held investment banking optional
- optional, not held asset management optional
- optional, not held business loans optional
- optional, not held business valuation techniques optional
Common questions about this move
Can a banking products manager become an investor relations manager?
Yes, and it is a substantial move. A banking products manager already covers 49% of what an investor relations manager is expected to do: 18 skills carry over, 15 of which the investor relations manager role treats as required.
What skills does a banking products manager need to become an investor relations manager?
11 required skills are missing, plus 17 optional ones. They fall into 6 areas of the ESCO skill hierarchy, led by business, administration and law. The single most important is investment analysis.
How hard is the move from banking products manager to investor relations manager?
Its learning distance is 56.6 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.