Table 1Transition record

energy tradertomutual fund broker

A energy trader already meets 51% of what the mutual fund broker role asks for. The move turns on 7 required skills not yet in the profile.

From energy trader

51%

Overlap1

To mutual fund broker

14 Skills carried over

7 Required, not held

49.1 Difficulty2

adjacent 0–30

moderate 30–55

substantial 55–75

career change 75–100

this move, 49.1

This move: 49.1 of 100 · moderate

1 Share of the mutual fund broker 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.

Table 2

Table 2 · What you already bring

Of the 14 skills that carry over, these are the ones fewest other occupations ask for. A mutual fund broker 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 14 carried skills, including the 10 the mutual fund broker 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 2 required, 2 supplementary

required, not held financial markets required
required, not held securities required

optional, not held customer service optional
optional, not held asset management optional

02 information skills 2 required, 2 supplementary

required, not held analyse market financial trends required
required, not held forecast economic trends required

optional, not held analyse financial risk optional
optional, not held perform stock valuation optional

03 communication, collaboration and creativity 1 required, 7 supplementary

required, not held provide financial product information required

optional, not held implement hedging strategies for clients optional
optional, not held offer financial services optional
optional, not held advise on financial matters optional
optional, not held apply technical communication skills optional
optional, not held build business relationships optional
optional, not held develop professional network optional
optional, not held liaise with shareholders optional

04 management skills 1 required

required, not held develop investment portfolio required

05 natural sciences, mathematics and statistics 1 required

required, not held actuarial science required

Table 4

Table 4 · Where to start

The 3 entries a mutual fund broker 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 14 skills that carry over

Skill Type

already held analyse economic trends skill
already held economics knowledge
already held financial products knowledge
already held investment analysis knowledge
already held modern portfolio theory knowledge
already held monitor stock market skill
already held operate financial instruments skill
already held review investment portfolios skill
already held stock market knowledge
already held trade securities skill
already held create a financial plan skill
already held financial jurisdiction knowledge
already held handle financial transactions skill
already held provide cost benefit analysis reports skill

11 supplementary skills, helpful but not required

Skill to acquire Tier

optional, not held customer service optional
optional, not held implement hedging strategies for clients optional
optional, not held offer financial services optional
optional, not held advise on financial matters optional
optional, not held analyse financial risk optional
optional, not held apply technical communication skills optional
optional, not held asset management optional
optional, not held build business relationships optional
optional, not held develop professional network optional
optional, not held liaise with shareholders optional
optional, not held perform stock valuation optional

17 held skills the mutual fund broker role does not ask for

Skill Type

not needed by the target role analyse energy market trends skill
not needed by the target role communicate with customers 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 manage financial risk skill
not needed by the target role market analysis knowledge
not needed by the target role mathematics knowledge
not needed by the target role obtain financial information 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

5 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 financial markets required
required, not held securities required
optional, not held customer service optional
optional, not held asset management 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.