RecordMove

Corporate treasurer to bank treasurer

A corporate treasurer already meets 35% of what the bank treasurer role asks for. The move turns on 16 required skills not yet in the profile.

Fig. 1 · Skill transfer ESCO v1.2.1 · directional

From corporate treasurer

Distant match

To bank treasurer

16 You already bring

16 Still to learn

46 Skills in the target role2

Learning distance Substantial retraining

67.4/ 100

adjacentmoderatesubstantialcareer change

1 How much of what a bank treasurer is expected to do is already part of a corporate treasurer’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 bank treasurer role is recorded as needing, required and optional together. What these numbers mean.

Why

Why this move works

A bank treasurer role treats 9 of its required skills as things a corporate treasurer already does. You would walk in with these on day one.

advise on financial matters
analyse financial performance of a company
analyse market financial trends
create a financial plan
evaluate budgets
financial analysis

What stands in the way is 16 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 16 skills that carry over, these are the ones fewest other occupations ask for. A bank treasurer role needs them, and most people applying for one will not have them already. This is the part of a corporate treasurer background worth leading with.

Skill the target role also needs Area

already held treasury management system business, administration and law
already held manage corporate bank accounts management skills
already held liquidity management business, administration and law
already held evaluate budgets management skills
already held investment analysis business, administration and law
already held financial analysis business, administration and law

All 16 carried skills, including the 9 the bank treasurer role treats as required.

Table 3

Table 3 · What you may need to learn

The 30 missing skills fall into 7 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.

Skill to pick up Tier

01 information skills 5 required, 5 supplementary

still to learn conduct financial audits required
still to learn maintain financial records required
still to learn maintain records of financial transactions required
still to learn prepare financial auditing reports required
still to learn trace financial transactions required

optional, not held create a financial report optional
optional, not held check accounting records optional
optional, not held obtain financial information optional
optional, not held produce statistical financial records optional
optional, not held synthesise financial information optional

02 business, administration and law 4 required, 3 supplementary

still to learn corporate social responsibility required
still to learn accounting required
still to learn accounting techniques required
still to learn financial management required

optional, not held financial jurisdiction optional
optional, not held financial markets optional
optional, not held financial products optional

03 management skills 4 required, 2 supplementary

still to learn enforce financial policies required
still to learn handle financial transactions required
still to learn manage accounts required
still to learn strive for company growth required

optional, not held develop audit plan optional
optional, not held plan health and safety procedures optional

04 communication, collaboration and creativity 1 required, 3 supplementary

still to learn liaise with managers required

optional, not held maintain relationship with customers optional
optional, not held communicate with banking professionals optional
optional, not held present reports optional

05 assisting and caring 1 required

still to learn follow company standards required

06 social sciences, journalism and information 1 required

still to learn economics required

1 further area in the appendix

Table 4

Table 4 · Where to start

The 3 entries a bank treasurer 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 16 skills that carry over

Skill Type

already held advise on financial matters skill
already held analyse financial performance of a company skill
already held analyse market financial trends skill
already held create a financial plan skill
already held evaluate budgets skill
already held financial analysis knowledge
already held financial statements knowledge
already held manage budgets skill
already held treasury management system knowledge
already held banking activities knowledge
already held financial forecasting knowledge
already held investment analysis knowledge
already held liquidity management knowledge
already held manage corporate bank accounts skill
already held securities knowledge
already held tax legislation knowledge

The 1 learning area not shown above

Skill to pick up Tier

07 natural sciences, mathematics and statistics 1 supplementary

optional, not held statistics optional

14 supplementary skills, helpful but not required

Skill to pick up Tier

optional, not held create a financial report optional
optional, not held maintain relationship with customers optional
optional, not held check accounting records optional
optional, not held communicate with banking professionals optional
optional, not held develop audit plan optional
optional, not held financial jurisdiction optional
optional, not held financial markets optional
optional, not held financial products optional
optional, not held obtain financial information optional
optional, not held plan health and safety procedures optional
optional, not held present reports optional
optional, not held produce statistical financial records optional
optional, not held statistics optional
optional, not held synthesise financial information optional

24 held skills the bank treasurer role does not ask for

Skill Type

not needed by the target role advise on credit rating skill
not needed by the target role advise on tax planning skill
not needed by the target role analyse financial risk skill
not needed by the target role convert currency skill
not needed by the target role create risk reports skill
not needed by the target role develop revenue generation strategies skill
not needed by the target role disseminate information on tax legislation skill
not needed by the target role exert expenditure control skill
not needed by the target role financial department processes knowledge
not needed by the target role handle cash flow skill
not needed by the target role identify if a company is a going concern skill
not needed by the target role insurance market knowledge
not needed by the target role interpret financial statements skill
not needed by the target role manage currency exchange risk mitigation techniques skill
not needed by the target role manage securities skill
not needed by the target role perform currency reserve management skill
not needed by the target role plan medium to long term objectives skill
not needed by the target role prepare financial statements skill
not needed by the target role property law knowledge
not needed by the target role public offering knowledge
not needed by the target role review investment portfolios skill
not needed by the target role risk transfer knowledge
not needed by the target role stock market knowledge
not needed by the target role trade securities skill

9 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 pick up Tier

still to learn corporate social responsibility required
still to learn accounting required
still to learn accounting techniques required
still to learn economics required
still to learn financial management required
optional, not held financial jurisdiction optional
optional, not held financial markets optional
optional, not held financial products optional
optional, not held statistics optional

Index

Other moves recorded from corporate treasurer

Full index of moves from corporate treasurer

FAQ

Common questions about this move

Can a corporate treasurer become a bank treasurer?

Yes, and it is a substantial move. A corporate treasurer already covers 35% of what a bank treasurer is expected to do: 16 skills carry over, 9 of which the bank treasurer role treats as required.

What skills does a corporate treasurer need to become a bank treasurer?

16 required skills are missing, plus 14 optional ones. They fall into 7 areas of the ESCO skill hierarchy, led by information skills. The single most important is corporate social responsibility.

How hard is the move from corporate treasurer to bank treasurer?

Its learning distance is 67.4 out of 100, which is the substantial band. That accounts for both how much is missing and how specialised those skills are.

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.