Table 1Transition record

credit managertobankruptcy trustee

A credit manager already meets 58% of what the bankruptcy trustee role asks for. The move turns on 5 required skills not yet in the profile.

From credit manager

58%

Overlap1

To bankruptcy trustee

16 Skills carried over

5 Required, not held

41.1 Difficulty2

adjacent 0–30

moderate 30–55

substantial 55–75

career change 75–100

this move, 41.1

This move: 41.1 of 100 · moderate

1 Share of the bankruptcy trustee role’s weighted skill requirement already met by the credit manager 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 16 skills that carry over, these are the ones fewest other occupations ask for. A bankruptcy trustee role needs them, and most people applying for one will not have them already. This is the part of a credit manager background worth leading with.

Skill the target role also needs Area

already held maintain client debt records information skills
already held perform debt investigation information skills
already held analyse loans information skills
already held insolvency law business, administration and law
already held consult credit score information skills
already held business loans business, administration and law

All 16 carried skills, including the 8 the bankruptcy trustee role treats as required.

Table 3

Table 3 · What you would need to learn

The 13 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 communication, collaboration and creativity 2 required, 5 supplementary

required, not held advise on bankruptcy proceedings required
required, not held revise legal documents required

optional, not held administer debtor's assets optional
optional, not held apply technical communication skills optional
optional, not held handle financial disputes optional
optional, not held protect client interests optional
optional, not held provide financial product information optional

02 business, administration and law 1 required, 1 supplementary

required, not held debt classification required

optional, not held liquidity management optional

03 information skills 1 required, 1 supplementary

required, not held collect property financial information required

optional, not held value properties optional

04 services 1 required

required, not held fraud detection required

05 natural sciences, mathematics and statistics 1 supplementary

optional, not held actuarial science optional

Table 4

Table 4 · Where to start

The 3 entries a bankruptcy trustee 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 analyse loans skill
already held business loans knowledge
already held debt systems knowledge
already held examine credit ratings skill
already held handle financial transactions skill
already held insolvency law knowledge
already held obtain financial information skill
already held perform debt investigation skill
already held banking activities knowledge
already held communicate with banking professionals skill
already held consult credit score skill
already held financial statements knowledge
already held investment analysis knowledge
already held maintain client debt records skill
already held maintain records of financial transactions skill
already held trace financial transactions skill

8 supplementary skills, helpful but not required

Skill to acquire Tier

optional, not held administer debtor's assets optional
optional, not held actuarial science optional
optional, not held apply technical communication skills optional
optional, not held handle financial disputes optional
optional, not held liquidity management optional
optional, not held protect client interests optional
optional, not held provide financial product information optional
optional, not held value properties optional

33 held skills the bankruptcy trustee 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 financial matters skill
not needed by the target role analyse financial performance of a company skill
not needed by the target role analyse financial risk 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 apply credit risk policy skill
not needed by the target role assess financial viability skill
not needed by the target role budget for financial needs skill
not needed by the target role contract law 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 create credit policy skill
not needed by the target role credit control processes knowledge
not needed by the target role debt collection techniques knowledge
not needed by the target role determine loan conditions skill
not needed by the target role enforce financial policies skill
not needed by the target role ensure proper document management skill
not needed by the target role financial analysis knowledge
not needed by the target role financial management knowledge
not needed by the target role follow company standards skill
not needed by the target role liaise with managers skill
not needed by the target role manage financial risk skill
not needed by the target role manage staff skill
not needed by the target role mortgage loans knowledge
not needed by the target role perform clerical duties skill
not needed by the target role plan health and safety procedures skill
not needed by the target role prepare credit reports skill
not needed by the target role property law knowledge
not needed by the target role securities knowledge
not needed by the target role strive for company growth skill
not needed by the target role synthesise financial information skill
not needed by the target role tax legislation knowledge

4 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 debt classification required
required, not held fraud detection required
optional, not held actuarial science optional
optional, not held liquidity management optional

Index

Other moves recorded from credit manager

Full index of moves from credit manager

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.