Table 1Transition record

corporate banking advisertoforeign exchange trader

A corporate banking adviser already meets 56% of what the foreign exchange trader role asks for. The move turns on 5 required skills not yet in the profile.

From corporate banking adviser

56%

Overlap1

To foreign exchange trader

15 Skills carried over

5 Required, not held

42.3 Difficulty2

adjacent 0–30

moderate 30–55

substantial 55–75

career change 75–100

this move, 42.3

This move: 42.3 of 100 · moderate

1 Share of the foreign exchange trader role’s weighted skill requirement already met by the corporate banking adviser 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 15 skills that carry over, these are the ones fewest other occupations ask for. A foreign exchange trader role needs them, and most people applying for one will not have them already. This is the part of a corporate banking adviser background worth leading with.

Skill the target role also needs Area

already held foreign valuta business, administration and law
already held stock market business, administration and law
already held commercial law business, administration and law
already held financial jurisdiction business, administration and law
already held financial markets business, administration and law
already held accounting business, administration and law

All 15 carried skills, including the 8 the foreign exchange trader role treats as required.

Table 3

Table 3 · What you would need to learn

The 14 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 4 required, 4 supplementary

required, not held analyse economic trends required
required, not held forecast economic trends required
required, not held manage financial risk required
required, not held perform financial risk management in international trade required

optional, not held maintain records of financial transactions optional
optional, not held monitor stock market optional
optional, not held perform stock valuation optional
optional, not held trace financial transactions optional

02 communication, collaboration and creativity 1 required, 1 supplementary

required, not held trade foreign currencies required

optional, not held trade securities optional

03 business, administration and law 2 supplementary

optional, not held international commercial transactions rules optional
optional, not held international trade optional

04 management skills 1 supplementary

optional, not held operate financial instruments optional

05 natural sciences, mathematics and statistics 1 supplementary

optional, not held statistics optional

Table 4

Table 4 · Where to start

The 3 entries a foreign exchange trader 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 15 skills that carry over

Skill Type

already held analyse financial risk 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 foreign valuta knowledge
already held handle financial transactions skill
already held accounting knowledge
already held actuarial science knowledge
already held advise on financial matters skill
already held banking activities knowledge
already held financial products knowledge
already held securities knowledge
already held stock market knowledge

9 supplementary skills, helpful but not required

Skill to acquire Tier

optional, not held international commercial transactions rules optional
optional, not held international trade optional
optional, not held maintain records of financial transactions optional
optional, not held monitor stock market optional
optional, not held operate financial instruments optional
optional, not held perform stock valuation optional
optional, not held statistics optional
optional, not held trace financial transactions optional
optional, not held trade securities optional

24 held skills the foreign exchange trader role does not ask for

Skill Type

not needed by the target role advise on investment skill
not needed by the target role advise on risk management skill
not needed by the target role assess risk factors skill
not needed by the target role build business relationships skill
not needed by the target role communicate with banking professionals skill
not needed by the target role consult with business clients skill
not needed by the target role corporate social responsibility knowledge
not needed by the target role create a financial report skill
not needed by the target role develop investment portfolio skill
not needed by the target role financial analysis knowledge
not needed by the target role handle cash flow skill
not needed by the target role investment analysis knowledge
not needed by the target role investment banking knowledge
not needed by the target role make strategic business decisions skill
not needed by the target role manage budgets skill
not needed by the target role mergers and acquisitions knowledge
not needed by the target role obtain financial information skill
not needed by the target role offer financial services skill
not needed by the target role principles of insurance knowledge
not needed by the target role provide legal advice on investments skill
not needed by the target role review investment portfolios skill
not needed by the target role synthesise financial information skill
not needed by the target role tax legislation knowledge
not needed by the target role types of insurance 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

optional, not held international commercial transactions rules optional
optional, not held international trade optional
optional, not held statistics optional

Index

Other moves recorded from corporate banking adviser

Full index of moves from corporate banking adviser

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.