Table 1Transition record

energy tradertosecurities trader

A energy trader already meets 43% of what the securities trader role asks for. The move turns on 8 required skills not yet in the profile.

From energy trader

43%

Overlap1

To securities trader

14 Skills carried over

8 Required, not held

57.8 Difficulty2

Career overlap Partial match

43%

Learning distance Substantial retraining

57.8/ 100

adjacentmoderatesubstantialcareer change

1 Share of the securities 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 securities 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
handle financial transactions
modern portfolio theory

What stands in the way is 8 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 14 skills that carry over, these are the ones fewest other occupations ask for. A securities 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 trade securities communication, collaboration and creativity
already held monitor stock market information skills
already held modern portfolio theory business, administration and law
already held investment analysis business, administration and law
already held stock market business, administration and law
already held analyse economic trends information skills

All 14 carried skills, including the 8 the securities trader role treats as required.

Table 3

Table 3 · What you would need to learn

The 24 missing skills fall into 6 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 information skills 2 required, 6 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 examine credit ratings optional
optional, not held interpret financial statements optional
optional, not held maintain records of financial transactions optional
optional, not held perform stock valuation optional
optional, not held trace financial transactions optional

02 business, administration and law 2 required, 3 supplementary

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

optional, not held accounting techniques optional
optional, not held banking activities optional
optional, not held tax legislation optional

03 communication, collaboration and creativity 2 required, 3 supplementary

required, not held offer financial services required
required, not held write work-related reports required

optional, not held advise on investment optional
optional, not held advise on financial matters optional
optional, not held provide financial product information optional

04 management skills 1 required, 2 supplementary

required, not held perform financial market business required

optional, not held develop investment portfolio optional
optional, not held make investment decisions optional

05 natural sciences, mathematics and statistics 1 required, 1 supplementary

required, not held actuarial science required

optional, not held statistics optional

06 information and communication technologies (icts) 1 supplementary

optional, not held office software optional

Table 4

Table 4 · Where to start

The 3 entries a securities 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 14 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 handle financial transactions skill
already held modern portfolio theory knowledge
already held monitor stock market skill
already held stock market knowledge
already held create a financial plan skill
already held financial products knowledge
already held investment analysis knowledge
already held obtain financial information skill
already held review investment portfolios skill
already held trade securities skill

16 supplementary skills, helpful but not required

Skill to acquire Tier

optional, not held advise on investment optional
optional, not held accounting techniques optional
optional, not held advise on financial matters optional
optional, not held analyse financial risk optional
optional, not held banking activities optional
optional, not held develop investment portfolio optional
optional, not held examine credit ratings optional
optional, not held interpret financial statements optional
optional, not held maintain records of financial transactions optional
optional, not held make investment decisions optional
optional, not held office software optional
optional, not held perform stock valuation optional
optional, not held provide financial product information optional
optional, not held statistics optional
optional, not held tax legislation optional
optional, not held trace financial transactions optional

17 held skills the securities 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 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 operate financial instruments skill
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

8 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 accounting techniques optional
optional, not held banking activities optional
optional, not held office software optional
optional, not held statistics optional
optional, not held tax legislation 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.