Table 1Transition record

credit risk analysttofutures trader

A credit risk analyst already meets 29% of what the futures trader role asks for. The move turns on 7 required skills not yet in the profile.

From credit risk analyst

29%

Overlap1

To futures trader

7 Skills carried over

7 Required, not held

63.5 Difficulty2

Career overlap Distant match

29%

Learning distance Substantial retraining

63.5/ 100

adjacentmoderatesubstantialcareer change

1 Share of the futures trader role’s weighted skill requirement already met by the credit risk 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 futures trader role treats 3 of its required skills as things a credit risk analyst already does. These are the ones it depends on most.

analyse financial risk
analyse market financial trends
economics

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 7 skills that carry over, these are the ones fewest other occupations ask for. A futures trader role needs them, and most people applying for one will not have them already. This is the part of a credit risk analyst background worth leading with.

Skill the target role also needs Area

already held financial forecasting business, administration and law
already held financial jurisdiction business, administration and law
already held economics social sciences, journalism and information
already held analyse market financial trends information skills
already held analyse financial risk information skills
already held international commercial transactions rules business, administration and law

All 7 carried skills, including the 3 the futures trader role treats as required.

Table 3

Table 3 · What you would need to learn

The 18 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 commercial law required
required, not held financial markets required
required, not held international trade required

optional, not held banking activities optional
optional, not held financial products optional
optional, not held international law optional
optional, not held securities optional

02 information skills 3 required, 2 supplementary

required, not held analyse economic trends required
required, not held forecast economic trends required
required, not held perform financial risk management in international trade required

optional, not held maintain records of financial transactions optional
optional, not held trace financial transactions optional

03 communication, collaboration and creativity 1 required, 2 supplementary

required, not held trade future commodities required

optional, not held negotiate sale of commodities optional
optional, not held trade securities optional

04 natural sciences, mathematics and statistics 2 supplementary

optional, not held actuarial science optional
optional, not held statistics optional

05 management skills 1 supplementary

optional, not held operate financial instruments optional

Table 4

Table 4 · Where to start

The 3 entries a futures trader 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 7 skills that carry over

Skill Type

already held analyse financial risk skill
already held analyse market financial trends skill
already held economics knowledge
already held financial forecasting knowledge
already held financial jurisdiction knowledge
already held international commercial transactions rules knowledge
already held negotiate sales contracts skill

11 supplementary skills, helpful but not required

Skill to acquire Tier

optional, not held actuarial science optional
optional, not held negotiate sale of commodities optional
optional, not held banking activities optional
optional, not held financial products optional
optional, not held international law optional
optional, not held maintain records of financial transactions optional
optional, not held operate financial instruments optional
optional, not held securities optional
optional, not held statistics optional
optional, not held trace financial transactions optional
optional, not held trade securities optional

33 held skills the futures trader role does not ask for

Skill Type

not needed by the target role Monte Carlo simulation knowledge
not needed by the target role advise on risk management 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 apply credit stress testing methodologies skill
not needed by the target role apply information security policies skill
not needed by the target role apply statistical analysis techniques skill
not needed by the target role assess risk factors skill
not needed by the target role assessment of risks and threats knowledge
not needed by the target role carry out statistical forecasts skill
not needed by the target role create risk maps skill
not needed by the target role create risk reports skill
not needed by the target role create solutions to problems skill
not needed by the target role debt collection techniques knowledge
not needed by the target role deliver visual presentation of data skill
not needed by the target role enforce customer's debt repayment 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 have computer literacy skill
not needed by the target role information confidentiality knowledge
not needed by the target role inspect data skill
not needed by the target role manage currency exchange risk mitigation techniques skill
not needed by the target role manage financial risk skill
not needed by the target role perform data analysis skill
not needed by the target role prevent fraudulent activities skill
not needed by the target role produce statistical financial records skill
not needed by the target role risk identification knowledge
not needed by the target role risk management knowledge
not needed by the target role risk transfer knowledge
not needed by the target role show diplomacy skill
not needed by the target role speak different languages skill
not needed by the target role teamwork principles knowledge
not needed by the target role write work-related reports skill

9 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 commercial law required
required, not held financial markets required
required, not held international trade required
optional, not held actuarial science optional
optional, not held banking activities optional
optional, not held financial products optional
optional, not held international law optional
optional, not held securities optional
optional, not held statistics optional

Index

Other moves recorded from credit risk analyst

Full index of moves from credit risk 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.