Career Overlap Transition record
RecordMove

Credit manager to credit adviser

A credit manager already meets 59% of what the credit adviser role asks for. The move turns on 7 required skills not yet in the profile.

Fig. 1 · Skill transfer ESCO v1.2.1 · directional
From credit manager
59 % overlap
Partial match
To credit adviser
27 You already bring
7 Still to learn
47 Skills in the target role2
Learning distance Real move, short list to learn

45.7/ 100

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

Why

Why this move works

A credit adviser role treats 11 of its required skills as things a credit manager already does. You would walk in with these on day one.

  • advise on financial matters
  • analyse loans
  • analyse the credit history of potential customers
  • consult credit score
  • credit control processes
  • debt systems

What stands in the way is 7 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 27 skills that carry over, these are the ones fewest other occupations ask for. A credit adviser 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 determine loan conditions information skills
  • already held prepare credit reports information skills
  • already held analyse the credit history of potential customers information skills
  • already held advise on credit rating communication, collaboration and creativity
  • already held maintain client debt records information skills
  • already held perform debt investigation information skills

All 27 carried skills, including the 11 the credit adviser role treats as required.

Table 3

Table 3 · What you may need to learn

The 20 missing skills fall into 6 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 3 required, 5 supplementary
  • still to learn assess debtor's financial situation required
  • still to learn maintain credit history of clients required
  • still to learn provide support in financial calculation required
  • optional, not held monitor national economy optional
  • optional, not held advise on risk management optional
  • optional, not held assess risks of clients' assets optional
  • optional, not held forecast future levels of business optional
  • optional, not held interpret financial statements optional
02 communication, collaboration and creativity 2 required, 2 supplementary
  • still to learn prepare credit offers required
  • still to learn provide financial product information required
  • optional, not held interview bank loanees optional
  • optional, not held review investment portfolios optional
03 business, administration and law 1 required, 4 supplementary
  • still to learn financial products required
  • optional, not held microfinance optional
  • optional, not held accounting techniques optional
  • optional, not held audit techniques optional
  • optional, not held credit card payments optional
04 social sciences, journalism and information 1 required
  • still to learn economics required
05 management skills 1 supplementary
  • optional, not held develop investment portfolio optional
06 services 1 supplementary
  • optional, not held consumer protection optional
Table 4

Table 4 · Where to start

The 3 entries a credit adviser 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 27 skills that carry over
Skill Type
  • already held advise on financial matters skill
  • already held analyse loans skill
  • already held analyse the credit history of potential customers 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 insolvency law knowledge
  • already held maintain client debt records skill
  • already held obtain financial information skill
  • already held perform debt investigation skill
  • already held advise on credit rating skill
  • already held analyse financial risk skill
  • already held banking activities knowledge
  • already held budget for financial needs skill
  • already held business loans knowledge
  • already held communicate with banking professionals skill
  • already held corporate social responsibility knowledge
  • already held create a financial plan skill
  • already held determine loan conditions skill
  • already held investment analysis knowledge
  • already held mortgage loans knowledge
  • already held prepare credit reports skill
  • already held property law knowledge
  • already held securities knowledge
  • already held synthesise financial information skill
  • already held tax legislation knowledge
13 supplementary skills, helpful but not required
Skill to pick up Tier
  • optional, not held microfinance optional
  • optional, not held monitor national economy optional
  • optional, not held accounting techniques optional
  • optional, not held advise on risk management optional
  • optional, not held assess risks of clients' assets optional
  • optional, not held audit techniques optional
  • optional, not held consumer protection optional
  • optional, not held credit card payments optional
  • optional, not held develop investment portfolio optional
  • optional, not held forecast future levels of business optional
  • optional, not held interpret financial statements optional
  • optional, not held interview bank loanees optional
  • optional, not held review investment portfolios optional
22 held skills the credit adviser role does not ask for
Skill Type
  • not needed by the target role analyse financial performance of a company skill
  • not needed by the target role analyse market financial trends 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 contract law knowledge
  • not needed by the target role create credit policy skill
  • not needed by the target role debt collection techniques knowledge
  • 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 financial statements knowledge
  • not needed by the target role follow company standards skill
  • not needed by the target role handle financial transactions skill
  • not needed by the target role liaise with managers skill
  • not needed by the target role maintain records of financial transactions 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 perform clerical duties skill
  • not needed by the target role plan health and safety procedures skill
  • not needed by the target role strive for company growth skill
  • not needed by the target role trace financial transactions skill
7 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 economics required
  • still to learn financial products required
  • optional, not held microfinance optional
  • optional, not held accounting techniques optional
  • optional, not held audit techniques optional
  • optional, not held consumer protection optional
  • optional, not held credit card payments optional
Index

Other moves recorded from credit manager

Full index of moves from credit manager

FAQ

Common questions about this move

Can a credit manager become a credit adviser?

Yes, and it is a moderate move. A credit manager already covers 59% of what a credit adviser is expected to do: 27 skills carry over, 11 of which the credit adviser role treats as required.

What skills does a credit manager need to become a credit adviser?

7 required skills are missing, plus 13 optional ones. They fall into 6 areas of the ESCO skill hierarchy, led by information skills. The single most important is prepare credit offers.

How hard is the move from credit manager to credit adviser?

Its learning distance is 45.7 out of 100, which is the moderate 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.