financial brokertostock broker
A financial broker already meets 63% of what the stock broker role asks for. The move turns on 6 required skills not yet in the profile.
63%
39.1/ 100
1 Share of the stock broker role’s weighted skill requirement already met by the financial broker 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 this move works
A stock broker role treats 12 of its required skills as things a financial broker already does. These are the ones it depends on most.
- actuarial science
- advise on financial matters
- analyse market financial trends
- apply technical communication skills
- economics
- financial products
What stands in the way is 6 required skills the profile does not yet cover. Table 3 groups them; Table 4 says which to take first.
Table 2 · What you already bring
Of the 23 skills that carry over, these are the ones fewest other occupations ask for. A stock broker role needs them, and most people applying for one will not have them already. This is the part of a financial broker background worth leading with.
- already held trade securities communication, collaboration and creativity
- already held operate financial instruments management skills
- already held provide financial product information communication, collaboration and creativity
- already held modern portfolio theory business, administration and law
- already held provide support in financial calculation information skills
- already held review investment portfolios communication, collaboration and creativity
All 23 carried skills, including the 12 the stock broker role treats as required.
Table 3 · What you would need to learn
The 15 missing skills fall into 4 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.
- required, not held asset management required
- required, not held financial markets required
- required, not held stock market required
- optional, not held fundamental analysis optional
- optional, not held holding company activities optional
- optional, not held accounting optional
- optional, not held tax legislation optional
- required, not held analyse financial risk required
- required, not held assess risks of clients' assets required
- required, not held forecast economic trends required
- optional, not held create a financial report optional
- optional, not held examine credit ratings optional
- optional, not held perform stock valuation optional
- optional, not held build business relationships optional
- optional, not held statistics optional
Table 4 · Where to start
The 3 entries a stock broker role is least likely to hire without. The ordering is computed from the skill data, not from what pays.
- 01 analyse financial risk skill · cross sector
- 02 assess risks of clients' assets skill · cross sector
- 03 asset management knowledge · cross sector
Each entry opens a course search for that skill. Career Overlap earns nothing from these links.
Appendix · The rest of the record
All 23 skills that carry over
- already held actuarial science knowledge
- already held advise on financial matters skill
- already held analyse market financial trends skill
- already held apply technical communication skills skill
- already held economics knowledge
- already held financial products knowledge
- already held handle financial transactions skill
- already held modern portfolio theory knowledge
- already held protect client interests skill
- already held review investment portfolios skill
- already held securities knowledge
- already held trade securities skill
- already held banking activities knowledge
- already held communicate with banking professionals skill
- already held communicate with customers skill
- already held financial jurisdiction knowledge
- already held maintain records of financial transactions skill
- already held manage financial risk skill
- already held obtain financial information skill
- already held operate financial instruments skill
- already held provide financial product information skill
- already held provide support in financial calculation skill
- already held trace financial transactions skill
9 supplementary skills, helpful but not required
- optional, not held create a financial report optional
- optional, not held fundamental analysis optional
- optional, not held holding company activities optional
- optional, not held accounting optional
- optional, not held build business relationships optional
- optional, not held examine credit ratings optional
- optional, not held perform stock valuation optional
- optional, not held statistics optional
- optional, not held tax legislation optional
7 held skills the stock broker role does not ask for
- not needed by the target role conduct financial audits skill
- not needed by the target role create a financial plan skill
- 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 optimise financial performance skill
- not needed by the target role provide cost benefit analysis reports skill
- not needed by the target role synthesise financial information skill
8 gaps that are knowledge rather than practice
Knowledge gaps usually close through study. Practical skill gaps usually need something you can point at.
- required, not held asset management required
- required, not held financial markets required
- required, not held stock market required
- optional, not held fundamental analysis optional
- optional, not held holding company activities optional
- optional, not held accounting optional
- optional, not held statistics optional
- optional, not held tax legislation optional
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.