Corporate banking adviser to stock broker
A corporate banking adviser already meets 55% of what the stock broker role asks for. The move turns on 7 required skills not yet in the profile.
46.4/ 100
1 How much of what a stock broker is expected to do is already part of a corporate banking adviser’s work. Directional: the figure for the reverse move differs, because moving into a speciality is not the same problem as moving out of one. 2 Every skill the stock broker role is recorded as needing, required and optional together. What these numbers mean.
Why this move works
A stock broker role treats 11 of its required skills as things a corporate banking adviser already does. You would walk in with these on day one.
- actuarial science
- advise on financial matters
- analyse financial risk
- analyse market financial trends
- economics
- financial markets
What stands in the way is 7 required skills the profile does not yet cover. Table 3 groups them; Table 4 says which to take first.
Table 2 · What you already bring
Of the 19 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 corporate banking adviser background worth leading with.
- already held create a financial report information skills
- already held stock market business, administration and law
- already held review investment portfolios communication, collaboration and creativity
- already held financial markets business, administration and law
- already held accounting business, administration and law
- already held communicate with banking professionals communication, collaboration and creativity
All 19 carried skills, including the 11 the stock broker role treats as required.
Table 3 · What you may need to learn
The 19 missing skills fall into 5 areas of the ESCO skill hierarchy, numbered in the order worth working in. Areas carrying the most required skills come first, and inside each one the required skills sit above the optional ones. Nothing here is a verdict on you: it is a list of what this particular job asks for that your current one does not.
- still to learn apply technical communication skills required
- still to learn protect client interests required
- still to learn trade securities required
- optional, not held communicate with customers optional
- optional, not held provide financial product information optional
- still to learn assess risks of clients' assets required
- still to learn forecast economic trends required
- 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 perform stock valuation optional
- optional, not held provide support in financial calculation optional
- optional, not held trace financial transactions optional
- still to learn asset management required
- still to learn modern portfolio theory required
- optional, not held fundamental analysis optional
- optional, not held holding company activities optional
- optional, not held operate financial instruments optional
- optional, not held statistics optional
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.
- 01 apply technical communication skills practise this
- 02 assess risks of clients' assets practise this
- 03 asset management study this
Each entry opens a course search for that skill. Career Overlap earns nothing from these links.
Appendix · The rest of the record
All 19 skills that carry over
- already held actuarial science knowledge
- already held advise on financial matters skill
- already held analyse financial risk skill
- already held analyse market financial trends skill
- already held economics knowledge
- already held financial markets knowledge
- already held financial products knowledge
- already held handle financial transactions skill
- already held review investment portfolios skill
- already held securities knowledge
- already held stock market knowledge
- already held accounting knowledge
- already held banking activities knowledge
- already held build business relationships skill
- already held communicate with banking professionals skill
- already held create a financial report skill
- already held financial jurisdiction knowledge
- already held obtain financial information skill
- already held tax legislation knowledge
12 supplementary skills, helpful but not required
- optional, not held fundamental analysis optional
- optional, not held holding company activities optional
- optional, not held communicate with customers 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 operate financial instruments optional
- optional, not held perform stock valuation 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 trace financial transactions optional
20 held skills the stock broker role does not ask for
- 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 commercial law knowledge
- 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 develop investment portfolio skill
- not needed by the target role financial analysis knowledge
- not needed by the target role foreign valuta 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 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 synthesise financial information skill
- not needed by the target role types of insurance knowledge
5 gaps that are knowledge rather than practice
Knowledge gaps usually close through study. Practical skill gaps usually need something you can point at.
- still to learn asset management required
- still to learn modern portfolio theory required
- optional, not held fundamental analysis optional
- optional, not held holding company activities optional
- optional, not held statistics optional
Common questions about this move
Can a corporate banking adviser become a stock broker?
Yes, and it is a moderate move. A corporate banking adviser already covers 55% of what a stock broker is expected to do: 19 skills carry over, 11 of which the stock broker role treats as required.
What skills does a corporate banking adviser need to become a stock broker?
7 required skills are missing, plus 12 optional ones. They fall into 5 areas of the ESCO skill hierarchy, led by communication, collaboration and creativity. The single most important is apply technical communication skills.
How hard is the move from corporate banking adviser to stock broker?
Its learning distance is 46.4 out of 100, which is the moderate band. That accounts for both how much is missing and how specialised those skills are.
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.