Table 1Transition record

credit analysttoloan officer

A credit analyst already meets 42% of what the loan officer role asks for. The move turns on 8 required skills not yet in the profile.

From credit analyst

42%

Overlap1

To loan officer

14 Skills carried over

8 Required, not held

59.8 Difficulty2

adjacent 0–30

moderate 30–55

substantial 55–75

career change 75–100

this move, 59.8

This move: 59.8 of 100 · substantial

1 Share of the loan officer role’s weighted skill requirement already met by the credit analyst 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 14 skills that carry over, these are the ones fewest other occupations ask for. A loan officer role needs them, and most people applying for one will not have them already. This is the part of a credit analyst background worth leading with.

Skill the target role also needs Area

already held interview bank loanees communication, collaboration and creativity
already held maintain credit history of clients information skills
already held debt classification business, administration and law
already held maintain client debt records information skills
already held apply credit risk policy assisting and caring
already held analyse loans information skills

All 14 carried skills, including the 8 the loan officer role treats as required.

Table 3

Table 3 · What you would need to learn

The 25 missing skills fall into 7 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 3 required, 4 supplementary

required, not held consult credit score required
required, not held monitor loan portfolio required
required, not held analyse business plans required

optional, not held collect property financial information optional
optional, not held check accounting records optional
optional, not held examine mortgage loan documents optional
optional, not held provide support in financial calculation optional

02 business, administration and law 1 required, 7 supplementary

required, not held credit control processes required

optional, not held customer service optional
optional, not held foreclosure optional
optional, not held business loans optional
optional, not held debt systems optional
optional, not held mortgage loans optional
optional, not held property law optional
optional, not held securities optional

03 communication, collaboration and creativity 1 required, 4 supplementary

required, not held inform on interest rates required

optional, not held assess customer credibility optional
optional, not held advise on financial matters optional
optional, not held communicate with banking professionals optional
optional, not held protect client interests optional

04 management skills 1 required, 1 supplementary

required, not held decide on loan applications required

optional, not held manage loan applications optional

05 information and communication technologies (icts) 1 required

required, not held core banking software required

06 natural sciences, mathematics and statistics 1 required

required, not held actuarial science required

1 further area in the appendix

Table 4

Table 4 · Where to start

The 3 entries a loan officer 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 14 skills that carry over

Skill Type

already held analyse financial risk skill
already held analyse loans skill
already held banking activities knowledge
already held examine credit ratings skill
already held interpret financial statements skill
already held interview bank loanees skill
already held maintain credit history of clients skill
already held obtain financial information skill
already held advise on risk management skill
already held apply credit risk policy skill
already held debt classification knowledge
already held maintain client debt records skill
already held synthesise financial information skill
already held tax legislation knowledge

The 1 learning area not shown above

Skill to acquire Tier

07 assisting and caring 1 supplementary

optional, not held assist in loan applications optional

17 supplementary skills, helpful but not required

Skill to acquire Tier

optional, not held assess customer credibility optional
optional, not held collect property financial information optional
optional, not held customer service optional
optional, not held foreclosure optional
optional, not held manage loan applications optional
optional, not held advise on financial matters optional
optional, not held assist in loan applications optional
optional, not held business loans optional
optional, not held check accounting records optional
optional, not held communicate with banking professionals optional
optional, not held debt systems optional
optional, not held examine mortgage loan documents optional
optional, not held mortgage loans optional
optional, not held property law optional
optional, not held protect client interests optional
optional, not held provide support in financial calculation optional
optional, not held securities optional

17 held skills the loan officer role does not ask for

Skill Type

not needed by the target role accounting knowledge
not needed by the target role advise on credit rating skill
not needed by the target role analyse market financial trends skill
not needed by the target role analyse the credit history of potential customers skill
not needed by the target role budget for financial needs skill
not needed by the target role develop investment portfolio skill
not needed by the target role financial engineering knowledge
not needed by the target role financial forecasting knowledge
not needed by the target role financial statements knowledge
not needed by the target role insolvency law knowledge
not needed by the target role interview techniques knowledge
not needed by the target role investment analysis knowledge
not needed by the target role manage securities skill
not needed by the target role perform debt investigation skill
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 stock market knowledge

10 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 core banking software required
required, not held credit control processes required
optional, not held customer service optional
optional, not held foreclosure optional
optional, not held business loans optional
optional, not held debt systems optional
optional, not held mortgage loans optional
optional, not held property law optional
optional, not held securities optional

Index

Other moves recorded from credit analyst

Full index of moves from credit analyst

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.