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

credit analysttomortgage loan underwriter

A credit analyst already meets 42% of what the mortgage loan underwriter role asks for. The move turns on 6 required skills not yet in the profile.

From credit analyst
42%
Overlap1
To mortgage loan underwriter
10 Skills carried over
6 Required, not held
54.2 Difficulty2
Career overlap Partial match

42%

Learning distance Real move, short list to learn

54.2/ 100

1 Share of the mortgage loan underwriter 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.

Why

Why this move works

A mortgage loan underwriter role treats 5 of its required skills as things a credit analyst already does. These are the ones it depends on most.

  • analyse financial risk
  • analyse loans
  • banking activities
  • interpret financial statements
  • obtain financial information

What stands in the way is 6 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 10 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 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 apply credit risk policy assisting and caring
  • already held analyse loans information skills
  • already held examine credit ratings information skills
  • already held advise on risk management information skills

All 10 carried skills, including the 5 the mortgage loan underwriter role treats as required.

Table 3

Table 3 · What you would need to learn

The 16 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 business, administration and law 3 required, 4 supplementary
  • required, not held real estate underwriting required
  • required, not held mortgage loans required
  • required, not held property law required
  • optional, not held foreclosure optional
  • optional, not held credit control processes optional
  • optional, not held debt systems optional
  • optional, not held securities optional
02 information skills 1 required, 4 supplementary
  • required, not held examine mortgage loan documents required
  • optional, not held collect property financial information optional
  • optional, not held consult credit score optional
  • optional, not held create underwriting guidelines optional
  • optional, not held assess debtor's financial situation optional
03 communication, collaboration and creativity 1 required
  • required, not held communicate with banking professionals required
04 natural sciences, mathematics and statistics 1 required
  • required, not held actuarial science required
05 management skills 2 supplementary
  • optional, not held manage loan applications optional
  • optional, not held decide on loan applications 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 10 skills that carry over
Skill Type
  • already held analyse financial risk skill
  • already held analyse loans skill
  • already held banking activities knowledge
  • already held interpret financial statements skill
  • already held obtain financial information skill
  • already held advise on risk management skill
  • already held apply credit risk policy skill
  • already held examine credit ratings skill
  • already held interview bank loanees skill
  • already held maintain credit history of clients skill
10 supplementary skills, helpful but not required
Skill to acquire Tier
  • optional, not held collect property financial information optional
  • optional, not held consult credit score optional
  • optional, not held create underwriting guidelines optional
  • optional, not held foreclosure optional
  • optional, not held manage loan applications optional
  • optional, not held assess debtor's financial situation optional
  • optional, not held credit control processes optional
  • optional, not held debt systems optional
  • optional, not held decide on loan applications optional
  • optional, not held securities optional
21 held skills the mortgage loan underwriter 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 debt classification knowledge
  • 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 maintain client debt records skill
  • 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
  • not needed by the target role synthesise financial information skill
  • not needed by the target role tax legislation knowledge
8 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
  • required, not held mortgage loans required
  • required, not held property law required
  • optional, not held foreclosure optional
  • optional, not held credit control processes optional
  • optional, not held debt systems 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.