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

commodity tradertosecurities underwriter

A commodity trader already meets 57% of what the securities underwriter role asks for. The move turns on 5 required skills not yet in the profile.

From commodity trader
57%
Overlap1
To securities underwriter
17 Skills carried over
5 Required, not held
41.8 Difficulty2
Career overlap Partial match

57%

Learning distance Real move, short list to learn

41.8/ 100

1 Share of the securities underwriter role’s weighted skill requirement already met by the commodity trader 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 9 of its required skills as things a commodity trader 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 5 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 17 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 trader 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 17 carried skills, including the 9 the securities underwriter role treats as required.

Table 3

Table 3 · What you would need to learn

The 16 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 communication, collaboration and creativity 2 required, 4 supplementary
  • required, not held protect client interests required
  • required, not held trade securities required
  • optional, not held advise on financial matters optional
  • optional, not held apply technical communication skills optional
  • optional, not held build business relationships optional
  • optional, not held communicate with banking professionals optional
02 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
03 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
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 17 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 analyse financial risk skill
  • already held banking activities knowledge
  • 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
11 supplementary skills, helpful but not required
Skill to acquire Tier
  • optional, not held advise on financial matters optional
  • optional, not held apply technical communication skills optional
  • optional, not held assess risks of clients' assets optional
  • optional, not held build business relationships optional
  • optional, not held communicate with banking professionals 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
10 held skills the securities underwriter role does not ask for
Skill Type
  • not needed by the target role international business knowledge
  • 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 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 trading software knowledge
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

Other moves recorded from commodity trader

Full index of moves from commodity trader

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.