Table 1Transition record

bankruptcy trusteetoforeclosure specialist

A bankruptcy trustee already meets 41% of what the foreclosure specialist role asks for. The move turns on 9 required skills not yet in the profile.

From bankruptcy trustee

41%

Overlap1

To foreclosure specialist

12 Skills carried over

9 Required, not held

56.1 Difficulty2

adjacent 0–30

moderate 30–55

substantial 55–75

career change 75–100

this move, 56.1

This move: 56.1 of 100 · substantial

1 Share of the foreclosure specialist role’s weighted skill requirement already met by the bankruptcy trustee 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.

Table 2

Table 2 · What you already bring

Of the 12 skills that carry over, these are the ones fewest other occupations ask for. A foreclosure specialist role needs them, and most people applying for one will not have them already. This is the part of a bankruptcy trustee background worth leading with.

Skill the target role also needs Area

already held perform debt investigation information skills
already held value properties information skills
already held analyse loans information skills
already held insolvency law business, administration and law
already held handle financial disputes communication, collaboration and creativity
already held consult credit score information skills

All 12 carried skills, including the 6 the foreclosure specialist role treats as required.

Table 3

Table 3 · What you would need to learn

The 17 missing skills fall into 4 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 information skills 4 required, 2 supplementary

required, not held analyse financial risk required
required, not held assess debtor's financial situation required
required, not held examine mortgage loan documents required
required, not held provide support in financial calculation required

optional, not held perform property market research optional
optional, not held compare property values optional

02 business, administration and law 4 required, 1 supplementary

required, not held foreclosure required
required, not held mortgage loans required
required, not held property law required
required, not held real estate market required

optional, not held repossession optional

03 management skills 1 required

required, not held create a financial plan required

04 communication, collaboration and creativity 5 supplementary

optional, not held advise on conflict management optional
optional, not held advise on property value optional
optional, not held apply conflict management optional
optional, not held interview bank loanees optional
optional, not held provide information on properties optional

Table 4

Table 4 · Where to start

The 3 entries a foreclosure specialist 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 12 skills that carry over

Skill Type

already held analyse loans skill
already held collect property financial information skill
already held communicate with banking professionals skill
already held handle financial disputes skill
already held obtain financial information skill
already held protect client interests skill
already held banking activities knowledge
already held consult credit score skill
already held debt systems knowledge
already held insolvency law knowledge
already held perform debt investigation skill
already held value properties skill

8 supplementary skills, helpful but not required

Skill to acquire Tier

optional, not held perform property market research optional
optional, not held advise on conflict management optional
optional, not held advise on property value optional
optional, not held apply conflict management optional
optional, not held compare property values optional
optional, not held interview bank loanees optional
optional, not held provide information on properties optional
optional, not held repossession optional

17 held skills the foreclosure specialist role does not ask for

Skill Type

not needed by the target role actuarial science knowledge
not needed by the target role administer debtor's assets skill
not needed by the target role advise on bankruptcy proceedings skill
not needed by the target role apply technical communication skills skill
not needed by the target role business loans knowledge
not needed by the target role debt classification knowledge
not needed by the target role examine credit ratings skill
not needed by the target role financial statements knowledge
not needed by the target role fraud detection knowledge
not needed by the target role handle financial transactions skill
not needed by the target role investment analysis knowledge
not needed by the target role liquidity management knowledge
not needed by the target role maintain client debt records skill
not needed by the target role maintain records of financial transactions skill
not needed by the target role provide financial product information skill
not needed by the target role revise legal documents skill
not needed by the target role trace financial transactions skill

5 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 foreclosure required
required, not held mortgage loans required
required, not held property law required
required, not held real estate market required
optional, not held repossession optional

Index

Other moves recorded from bankruptcy trustee

Full index of moves from bankruptcy trustee

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.