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

credit advisertomortgage loan underwriter

A credit adviser already meets 69% of what the mortgage loan underwriter role asks for. The move turns on 3 required skills not yet in the profile.

From credit adviser
69%
Overlap1
To mortgage loan underwriter
17 Skills carried over
3 Required, not held
31.5 Difficulty2
Career overlap Strong match

69%

Learning distance Real move, short list to learn

31.5/ 100

1 Share of the mortgage loan underwriter role’s weighted skill requirement already met by the credit 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.

Why

Why this move works

A mortgage loan underwriter role treats 8 of its required skills as things a credit adviser already does. These are the ones it depends on most.

  • analyse financial risk
  • analyse loans
  • banking activities
  • communicate with banking professionals
  • interpret financial statements
  • mortgage loans

What stands in the way is 3 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 mortgage loan underwriter role needs them, and most people applying for one will not have them already. This is the part of a credit adviser background worth leading with.

Skill the target role also needs Area
  • already held assess debtor's financial situation information skills
  • already held interview bank loanees communication, collaboration and creativity
  • already held maintain credit history of clients information skills
  • already held mortgage loans business, administration and law
  • already held analyse loans information skills
  • already held credit control processes business, administration and law

All 17 carried skills, including the 8 the mortgage loan underwriter role treats as required.

Table 3

Table 3 · What you would need to learn

The 9 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 1 required, 2 supplementary
  • required, not held examine mortgage loan documents required
  • optional, not held collect property financial information optional
  • optional, not held create underwriting guidelines optional
02 business, administration and law 1 required, 1 supplementary
  • required, not held real estate underwriting required
  • optional, not held foreclosure optional
03 natural sciences, mathematics and statistics 1 required
  • required, not held actuarial science required
04 management skills 2 supplementary
  • optional, not held manage loan applications optional
  • optional, not held decide on loan applications optional
05 assisting and caring 1 supplementary
  • optional, not held apply credit risk policy optional
Table 4

Table 4 · Where to start

The 3 entries a mortgage loan 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 analyse financial risk skill
  • already held analyse loans skill
  • already held banking activities knowledge
  • already held communicate with banking professionals skill
  • already held interpret financial statements skill
  • already held mortgage loans knowledge
  • already held obtain financial information skill
  • already held property law knowledge
  • already held advise on risk management skill
  • already held assess debtor's financial situation skill
  • already held consult credit score skill
  • already held credit control processes knowledge
  • already held debt systems knowledge
  • already held examine credit ratings skill
  • already held interview bank loanees skill
  • already held maintain credit history of clients skill
  • already held securities knowledge
6 supplementary skills, helpful but not required
Skill to acquire Tier
  • optional, not held collect property financial information optional
  • optional, not held create underwriting guidelines optional
  • optional, not held foreclosure optional
  • optional, not held manage loan applications optional
  • optional, not held apply credit risk policy optional
  • optional, not held decide on loan applications optional
30 held skills the mortgage loan underwriter role does not ask for
Skill Type
  • not needed by the target role accounting techniques knowledge
  • not needed by the target role advise on credit rating skill
  • not needed by the target role advise on financial matters skill
  • not needed by the target role analyse the credit history of potential customers skill
  • not needed by the target role assess risks of clients' assets skill
  • not needed by the target role audit techniques knowledge
  • not needed by the target role budget for financial needs skill
  • not needed by the target role business loans knowledge
  • not needed by the target role consumer protection knowledge
  • not needed by the target role corporate social responsibility knowledge
  • not needed by the target role create a financial plan skill
  • not needed by the target role credit card payments knowledge
  • not needed by the target role determine loan conditions skill
  • not needed by the target role develop investment portfolio skill
  • not needed by the target role economics knowledge
  • not needed by the target role financial products knowledge
  • not needed by the target role forecast future levels of business skill
  • not needed by the target role insolvency law knowledge
  • not needed by the target role investment analysis knowledge
  • not needed by the target role maintain client debt records skill
  • not needed by the target role microfinance knowledge
  • not needed by the target role monitor national economy skill
  • not needed by the target role perform debt investigation skill
  • not needed by the target role prepare credit offers skill
  • not needed by the target role prepare credit reports skill
  • not needed by the target role provide financial product information skill
  • not needed by the target role provide support in financial calculation 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
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 actuarial science required
  • required, not held real estate underwriting required
  • optional, not held foreclosure optional
Index

Other moves recorded from credit adviser

Full index of moves from credit 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.