Table 1Transition record

financial markets back office administratortosecurities underwriter

A financial markets back office administrator already meets 54% of what the securities underwriter role asks for. The move turns on 5 required skills not yet in the profile.

From financial markets back office administrator

54%

Overlap1

To securities underwriter

15 Skills carried over

5 Required, not held

44.8 Difficulty2

adjacent 0–30

moderate 30–55

substantial 55–75

career change 75–100

this move, 44.8

This move: 44.8 of 100 · moderate

1 Share of the securities underwriter role’s weighted skill requirement already met by the financial markets back office administrator 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 15 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 financial markets back office administrator background worth leading with.

Skill the target role also needs Area

already held trade securities communication, collaboration and creativity
already held stock market business, administration and law
already held commercial law business, administration and law
already held maintain records of financial transactions information skills
already held trace financial transactions information skills
already held financial jurisdiction business, administration and law

All 15 carried skills, including the 9 the securities underwriter role treats as required.

Table 3

Table 3 · What you would need to learn

The 18 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.

Skill to acquire Tier

01 information skills 4 required, 5 supplementary

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

optional, not held analyse financial risk optional
optional, not held assess risks of clients' assets optional
optional, not held manage financial risk optional
optional, not held perform stock valuation optional
optional, not held provide support in financial calculation optional

02 communication, collaboration and creativity 1 required, 3 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

03 management skills 3 supplementary

optional, not held create a financial plan optional
optional, not held manage securities optional
optional, not held operate financial instruments optional

04 business, administration and law 2 supplementary

optional, not held financial forecasting optional
optional, not held tax legislation 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 15 skills that carry over

Skill Type

already held actuarial science knowledge
already held commercial law knowledge
already held economics knowledge
already held financial jurisdiction knowledge
already held financial markets knowledge
already held financial products knowledge
already held securities knowledge
already held stock market knowledge
already held trade securities skill
already held banking activities knowledge
already held communicate with banking professionals skill
already held handle financial transactions skill
already held maintain records of financial transactions skill
already held statistics knowledge
already held trace financial transactions skill

13 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 build business relationships optional
optional, not held create a financial plan optional
optional, not held financial forecasting optional
optional, not held manage financial risk optional
optional, not held manage securities optional
optional, not held operate financial instruments optional
optional, not held perform stock valuation optional
optional, not held provide support in financial calculation optional
optional, not held tax legislation optional

14 held skills the securities underwriter role does not ask for

Skill Type

not needed by the target role accounting knowledge
not needed by the target role customer service knowledge
not needed by the target role electronic communication knowledge
not needed by the target role foreign valuta knowledge
not needed by the target role handle paperwork skill
not needed by the target role international commercial transactions rules knowledge
not needed by the target role manage administrative systems skill
not needed by the target role manage contracts skill
not needed by the target role manage securities trading skill
not needed by the target role office administration knowledge
not needed by the target role office software knowledge
not needed by the target role perform clerical duties skill
not needed by the target role provide financial product information skill
not needed by the target role trade foreign currencies skill

2 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

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

Index

Other moves recorded from financial markets back office administrator

Full index of moves from financial markets back office administrator

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.