Table 1Transition record

energy tradertosecurities underwriter

A energy trader already meets 42% of what the securities underwriter role asks for. The move turns on 7 required skills not yet in the profile.

From energy trader

42%

Overlap1

To securities underwriter

12 Skills carried over

7 Required, not held

55.6 Difficulty2

Career overlap Partial match

42%

Learning distance Substantial retraining

55.6/ 100

adjacentmoderatesubstantialcareer change

1 Share of the securities underwriter 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 underwriter role treats 7 of its required skills as things a energy trader already does. These are the ones it depends on most.

analyse economic trends
economics
financial jurisdiction
financial products
monitor stock market
stock market

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 12 skills that carry over, these are the ones fewest other occupations ask for. A securities underwriter 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 operate financial instruments management skills
already held monitor stock market information skills
already held provide support in financial calculation information skills
already held stock market business, administration and law
already held analyse economic trends information skills

All 12 carried skills, including the 7 the securities underwriter role treats as required.

Table 3

Table 3 · What you would need to learn

The 21 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, 3 supplementary

required, not held commercial law required
required, not held financial markets required
required, not held securities required

optional, not held banking activities optional
optional, not held financial forecasting optional
optional, not held tax legislation optional

02 information skills 2 required, 5 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 assess risks of clients' assets optional
optional, not held maintain records of financial transactions optional
optional, not held perform stock valuation optional
optional, not held trace financial transactions optional

03 communication, collaboration and creativity 1 required, 4 supplementary

required, not held protect client interests required

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 communicate with banking professionals optional

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

required, not held actuarial science required

optional, not held statistics optional

05 management skills 1 supplementary

optional, not held manage securities optional

Table 4

Table 4 · Where to start

The 3 entries a securities underwriter 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 12 skills that carry over

Skill Type

already held analyse economic trends skill
already held economics knowledge
already held financial jurisdiction knowledge
already held financial products knowledge
already held monitor stock market skill
already held stock market knowledge
already held trade securities skill
already held create a financial plan skill
already held handle financial transactions skill
already held manage financial risk skill
already held operate financial instruments skill
already held provide support in financial calculation skill

14 supplementary skills, helpful but not required

Skill to acquire Tier

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 assess risks of clients' assets optional
optional, not held banking activities optional
optional, not held build business relationships optional
optional, not held communicate with banking professionals optional
optional, not held financial forecasting optional
optional, not held maintain records of financial transactions optional
optional, not held manage securities optional
optional, not held perform stock valuation optional
optional, not held statistics optional
optional, not held tax legislation optional
optional, not held trace financial transactions optional

19 held skills the securities underwriter 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 investment analysis knowledge
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 modern portfolio theory knowledge
not needed by the target role obtain financial information skill
not needed by the target role provide cost benefit analysis reports skill
not needed by the target role review investment portfolios 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 commercial law required
required, not held financial markets required
required, not held securities required
optional, not held banking activities optional
optional, not held financial forecasting 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.