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

energy tradertofinancial trader

A energy trader already meets 46% of what the financial trader role asks for. The move turns on 9 required skills not yet in the profile.

From energy trader
46%
Overlap1
To financial trader
16 Skills carried over
9 Required, not held
54.6 Difficulty2
Career overlap Partial match

46%

Learning distance Real move, short list to learn

54.6/ 100

1 Share of the financial trader role’s weighted skill requirement already met by the energy trader 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 financial trader role treats 8 of its required skills as things a energy trader already does. These are the ones it depends on most.

  • analyse economic trends
  • communicate with customers
  • economics
  • financial jurisdiction
  • financial products
  • handle financial transactions

What stands in the way is 9 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 16 skills that carry over, these are the ones fewest other occupations ask for. A financial trader role needs them, and most people applying for one will not have them already. This is the part of a energy trader background worth leading with.

Skill the target role also needs Area
  • already held operate financial instruments management skills
  • already held trade securities communication, collaboration and creativity
  • already held monitor stock market information skills
  • already held investment analysis business, administration and law
  • already held modern portfolio theory business, administration and law
  • already held stock market business, administration and law

All 16 carried skills, including the 8 the financial trader role treats as required.

Table 3

Table 3 · What you would need to learn

The 19 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 4 required, 2 supplementary
  • required, not held offer financial services required
  • required, not held advise on financial matters required
  • required, not held protect client interests required
  • required, not held provide financial product information required
  • optional, not held advise on investment optional
  • optional, not held communicate with banking professionals optional
02 business, administration and law 2 required, 3 supplementary
  • required, not held cryptocurrency required
  • required, not held financial markets required
  • optional, not held fundamental analysis optional
  • optional, not held banking activities optional
  • optional, not held securities optional
03 information skills 2 required, 3 supplementary
  • required, not held analyse market financial trends required
  • required, not held maintain records of financial transactions required
  • optional, not held assess risks of clients' assets optional
  • optional, not held forecast economic trends optional
  • optional, not held perform stock valuation optional
04 natural sciences, mathematics and statistics 1 required
  • required, not held actuarial science required
05 management skills 2 supplementary
  • optional, not held develop investment portfolio optional
  • optional, not held make investment decisions optional
Table 4

Table 4 · Where to start

The 3 entries a financial 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 16 skills that carry over
Skill Type
  • already held analyse economic trends skill
  • already held communicate with customers skill
  • already held economics knowledge
  • already held financial jurisdiction knowledge
  • already held financial products knowledge
  • already held handle financial transactions skill
  • already held obtain financial information skill
  • already held operate financial instruments skill
  • already held create a financial plan skill
  • already held investment analysis knowledge
  • already held manage financial risk skill
  • already held modern portfolio theory knowledge
  • already held monitor stock market skill
  • already held review investment portfolios skill
  • already held stock market knowledge
  • already held trade securities skill
10 supplementary skills, helpful but not required
Skill to acquire Tier
  • optional, not held advise on investment optional
  • optional, not held fundamental analysis optional
  • optional, not held assess risks of clients' assets optional
  • optional, not held banking activities optional
  • optional, not held communicate with banking professionals optional
  • optional, not held develop investment portfolio optional
  • optional, not held forecast economic trends optional
  • optional, not held make investment decisions optional
  • optional, not held perform stock valuation optional
  • optional, not held securities optional
15 held skills the financial trader role does not ask for
Skill Type
  • not needed by the target role analyse energy market trends skill
  • not needed by the target role electricity market knowledge
  • not needed by the target role energy conservation knowledge
  • not needed by the target role energy market knowledge
  • not needed by the target role execute analytical mathematical calculations skill
  • not needed by the target role forecast energy prices skill
  • not needed by the target role gas market knowledge
  • not needed by the target role handle financial disputes skill
  • not needed by the target role maintain financial records skill
  • not needed by the target role market analysis knowledge
  • not needed by the target role mathematics knowledge
  • not needed by the target role provide cost benefit analysis reports skill
  • not needed by the target role provide support in financial calculation skill
  • not needed by the target role review meteorological forecast data skill
  • not needed by the target role state estimation knowledge
6 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 cryptocurrency required
  • required, not held financial markets required
  • optional, not held fundamental analysis optional
  • optional, not held banking activities optional
  • optional, not held securities optional
Index

Other moves recorded from energy trader

Full index of moves from energy trader

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.