Table 1Transition record

brokerage firm directortostock broker

A brokerage firm director already meets 31% of what the stock broker role asks for. The move turns on 11 required skills not yet in the profile.

From brokerage firm director

31%

Overlap1

To stock broker

9 Skills carried over

11 Required, not held

67.7 Difficulty2

adjacent 0–30

moderate 30–55

substantial 55–75

career change 75–100

this move, 67.7

This move: 67.7 of 100 · substantial

1 Share of the stock broker role’s weighted skill requirement already met by the brokerage firm director 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 9 skills that carry over, these are the ones fewest other occupations ask for. A stock broker role needs them, and most people applying for one will not have them already. This is the part of a brokerage firm director background worth leading with.

Skill the target role also needs Area

already held assess risks of clients' assets information skills
already held asset management business, administration and law
already held trade securities communication, collaboration and creativity
already held perform stock valuation information skills
already held financial markets business, administration and law
already held securities business, administration and law

All 9 carried skills, including the 7 the stock broker role treats as required.

Table 3

Table 3 · What you would need to learn

The 29 missing skills fall into 5 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 3 required, 7 supplementary

required, not held analyse financial risk required
required, not held analyse market financial trends required
required, not held forecast economic trends required

optional, not held create a financial report optional
optional, not held examine credit ratings optional
optional, not held maintain records of financial transactions optional
optional, not held manage financial risk optional
optional, not held obtain financial information optional
optional, not held provide support in financial calculation optional
optional, not held trace financial transactions optional

02 business, administration and law 3 required, 5 supplementary

required, not held financial products required
required, not held modern portfolio theory required
required, not held stock market required

optional, not held fundamental analysis optional
optional, not held holding company activities optional
optional, not held accounting optional
optional, not held financial jurisdiction optional
optional, not held tax legislation optional

03 communication, collaboration and creativity 3 required, 4 supplementary

required, not held apply technical communication skills required
required, not held protect client interests required
required, not held review investment portfolios required

optional, not held build business relationships optional
optional, not held communicate with banking professionals optional
optional, not held communicate with customers optional
optional, not held provide financial product information optional

04 management skills 1 required, 1 supplementary

required, not held handle financial transactions required

optional, not held operate financial instruments optional

05 natural sciences, mathematics and statistics 1 required, 1 supplementary

required, not held actuarial science required

optional, not held statistics optional

Table 4

Table 4 · Where to start

The 3 entries a stock broker 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 9 skills that carry over

Skill Type

already held advise on financial matters skill
already held assess risks of clients' assets skill
already held asset management knowledge
already held economics knowledge
already held financial markets knowledge
already held securities knowledge
already held trade securities skill
already held banking activities knowledge
already held perform stock valuation skill

18 supplementary skills, helpful but not required

Skill to acquire Tier

optional, not held create a financial report optional
optional, not held fundamental analysis optional
optional, not held holding company activities optional
optional, not held accounting optional
optional, not held build business relationships optional
optional, not held communicate with banking professionals optional
optional, not held communicate with customers optional
optional, not held examine credit ratings optional
optional, not held financial jurisdiction optional
optional, not held maintain records of financial transactions optional
optional, not held manage financial risk optional
optional, not held obtain financial information optional
optional, not held operate financial instruments optional
optional, not held provide financial product information optional
optional, not held provide support in financial calculation optional
optional, not held statistics optional
optional, not held tax legislation optional
optional, not held trace financial transactions optional

18 held skills the stock broker role does not ask for

Skill Type

not needed by the target role advice on security risk management skill
not needed by the target role advise on social security benefits skill
not needed by the target role analyse economic trends skill
not needed by the target role explain financial jargon skill
not needed by the target role financial analysis knowledge
not needed by the target role financial engineering knowledge
not needed by the target role implement hedging strategies for clients skill
not needed by the target role interpret business information skill
not needed by the target role liaise with shareholders skill
not needed by the target role manage a team skill
not needed by the target role manage clients' money matters skill
not needed by the target role manage securities skill
not needed by the target role manage securities trading skill
not needed by the target role negotiate on asset value skill
not needed by the target role risk transfer knowledge
not needed by the target role security of assets legislation knowledge
not needed by the target role strategic planning knowledge
not needed by the target role trading law knowledge

10 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 actuarial science required
required, not held financial products required
required, not held modern portfolio theory required
required, not held stock market required
optional, not held fundamental analysis optional
optional, not held holding company activities optional
optional, not held accounting optional
optional, not held financial jurisdiction optional
optional, not held statistics optional
optional, not held tax legislation optional

Index

Other moves recorded from brokerage firm director

Full index of moves from brokerage firm director

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.