Career Overlap Transition record Edition 1 · ESCO v1.2.1
Table 1Transition record

commodity brokertosecurities underwriter

A commodity broker already meets 69% of what the securities underwriter role asks for. The move turns on 4 required skills not yet in the profile.

From commodity broker
69%
Overlap1
To securities underwriter
22 Skills carried over
4 Required, not held
31.3 Difficulty2
Career overlap Strong match

69%

Learning distance Real move, short list to learn

31.3/ 100

1 Share of the securities underwriter role’s weighted skill requirement already met by the commodity broker 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 securities underwriter role treats 10 of its required skills as things a commodity broker already does. These are the ones it depends on most.

  • actuarial science
  • analyse economic trends
  • analyse market financial trends
  • commercial law
  • economics
  • financial jurisdiction

What stands in the way is 4 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 22 skills that carry over, these are the ones fewest other occupations ask for. A securities underwriter role needs them, and most people applying for one will not have them already. This is the part of a commodity broker background worth leading with.

Skill the target role also needs Area
  • already held operate financial instruments management skills
  • already held forecast economic trends information skills
  • already held analyse economic trends information skills
  • already held commercial law business, administration and law
  • already held maintain records of financial transactions information skills
  • already held trace financial transactions information skills

All 22 carried skills, including the 10 the securities underwriter role treats as required.

Table 3

Table 3 · What you would need to learn

The 11 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 business, administration and law 2 required, 1 supplementary
  • required, not held securities required
  • required, not held stock market required
  • optional, not held tax legislation optional
02 information skills 1 required, 4 supplementary
  • required, not held monitor stock market required
  • optional, not held assess risks of clients' assets optional
  • optional, not held manage financial risk optional
  • optional, not held perform stock valuation optional
  • optional, not held provide support in financial calculation optional
03 communication, collaboration and creativity 1 required
  • required, not held trade securities required
04 management skills 2 supplementary
  • optional, not held create a financial plan optional
  • optional, not held manage securities optional
Table 4

Table 4 · Where to start

The 3 entries a securities underwriter 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 22 skills that carry over
Skill Type
  • already held actuarial science knowledge
  • already held analyse economic trends skill
  • already held analyse market financial trends skill
  • already held commercial law knowledge
  • already held economics knowledge
  • already held financial jurisdiction knowledge
  • already held financial markets knowledge
  • already held financial products knowledge
  • already held forecast economic trends skill
  • already held protect client interests skill
  • already held advise on financial matters skill
  • already held analyse financial risk skill
  • already held apply technical communication skills skill
  • already held banking activities knowledge
  • already held build business relationships skill
  • already held communicate with banking professionals skill
  • already held financial forecasting knowledge
  • already held handle financial transactions skill
  • already held maintain records of financial transactions skill
  • already held operate financial instruments skill
  • already held statistics knowledge
  • already held trace financial transactions skill
7 supplementary skills, helpful but not required
Skill to acquire Tier
  • optional, not held assess risks of clients' assets optional
  • optional, not held create a financial plan optional
  • optional, not held manage financial risk optional
  • optional, not held manage securities optional
  • optional, not held perform stock valuation optional
  • optional, not held provide support in financial calculation optional
  • optional, not held tax legislation optional
12 held skills the securities underwriter role does not ask for
Skill Type
  • not needed by the target role analyse energy market trends skill
  • not needed by the target role international commercial transactions rules knowledge
  • not needed by the target role international trade knowledge
  • not needed by the target role modern portfolio theory knowledge
  • not needed by the target role negotiate buying conditions skill
  • not needed by the target role negotiate price skill
  • not needed by the target role negotiate sale of commodities skill
  • not needed by the target role negotiate sales contracts skill
  • not needed by the target role negotiate with stakeholders skill
  • not needed by the target role perform financial risk management in international trade skill
  • not needed by the target role provide financial product information skill
  • not needed by the target role review investment portfolios skill
3 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 securities required
  • required, not held stock market required
  • optional, not held tax legislation optional
Index
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.