Table 1Transition record

banking products managertoinvestor 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.

From banking products manager

49%

Overlap1

To investor relations manager

18 Skills carried over

11 Required, not held

56.6 Difficulty2

Career overlap Partial match

49%

Learning distance Substantial retraining

56.6/ 100

Easy adjacentmoderatesubstantialcareer change Hard

1 Share of the investor relations manager role’s weighted skill requirement already met by the banking products manager 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 investor relations manager role treats 15 of its required skills as things a banking products manager already does. These are the ones it depends on most.

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

Table 2 · What you already bring

Of the 18 skills that carry over, these are the ones fewest other occupations ask for. A 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.

Skill the target role also needs Area

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

Table 3 · What you would need to learn

The 28 missing skills fall into 6 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 6 required, 4 supplementary

required, not held investment analysis required
required, not held financial forecasting required
required, not held funding methods required
required, not held modern portfolio theory required
required, not held public relations required
required, not held 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

02 communication, collaboration and creativity 3 required, 3 supplementary

required, not held build business relationships required
required, not held liaise with shareholders required
required, not held 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

03 information skills 1 required, 5 supplementary

required, not held 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

04 generic programmes and qualifications 1 required

required, not held business communication required

05 management skills 4 supplementary

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

06 natural sciences, mathematics and statistics 1 supplementary

optional, not held actuarial science optional

Table 4

Table 4 · Where to start

The 3 entries a investor relations manager 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 18 skills that carry over

Skill Type

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

Skill to acquire Tier

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

Skill Type

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.

Skill to acquire Tier

required, not held investment analysis required
required, not held business communication required
required, not held financial forecasting required
required, not held funding methods required
required, not held modern portfolio theory required
required, not held public relations required
required, not held 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

Index

Other moves recorded from banking products manager

Full index of moves from banking products manager

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.