Career Overlap Transition record Edition 1 · ESCO v1.2.1
Table 1Transition record

financial risk managertocorporate treasurer

A financial risk manager already meets 54% of what the corporate treasurer role asks for. The move turns on 6 required skills not yet in the profile.

From financial risk manager
54%
Overlap1
To corporate treasurer
19 Skills carried over
6 Required, not held
48.1 Difficulty2
Career overlap Partial match

54%

Learning distance Real move, short list to learn

48.1/ 100

1 Share of the corporate treasurer role’s weighted skill requirement already met by the financial risk manager 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 corporate treasurer role treats 10 of its required skills as things a financial risk manager already does. These are the ones it depends on most.

  • analyse financial performance of a company
  • analyse financial risk
  • analyse market financial trends
  • create a financial plan
  • financial analysis
  • financial department processes

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

Table 2 · What you already bring

Of the 19 skills that carry over, these are the ones fewest other occupations ask for. A corporate treasurer role needs them, and most people applying for one will not have them already. This is the part of a financial risk manager background worth leading with.

Skill the target role also needs Area
  • already held manage currency exchange risk mitigation techniques information skills
  • already held create risk reports information skills
  • already held risk transfer business, administration and law
  • already held treasury management system business, administration and law
  • already held disseminate information on tax legislation communication, collaboration and creativity
  • already held financial department processes business, administration and law

All 19 carried skills, including the 10 the corporate treasurer role treats as required.

Table 3

Table 3 · What you would need to learn

The 21 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 management skills 3 required, 7 supplementary
  • required, not held evaluate budgets required
  • required, not held manage budgets required
  • required, not held plan medium to long term objectives required
  • optional, not held convert currency optional
  • optional, not held develop revenue generation strategies optional
  • optional, not held perform currency reserve management optional
  • optional, not held exert expenditure control optional
  • optional, not held handle cash flow optional
  • optional, not held manage corporate bank accounts optional
  • optional, not held manage securities optional
02 business, administration and law 2 required, 4 supplementary
  • required, not held investment analysis required
  • required, not held liquidity management required
  • optional, not held insurance market optional
  • optional, not held property law optional
  • optional, not held public offering optional
  • optional, not held stock market optional
03 communication, collaboration and creativity 1 required, 3 supplementary
  • required, not held review investment portfolios required
  • optional, not held advise on credit rating optional
  • optional, not held advise on tax planning optional
  • optional, not held trade securities optional
04 information skills 1 supplementary
  • optional, not held identify if a company is a going concern optional
Table 4

Table 4 · Where to start

The 3 entries a corporate treasurer 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 19 skills that carry over
Skill Type
  • already held analyse financial performance of a company skill
  • already held analyse financial risk skill
  • already held analyse market financial trends skill
  • already held create a financial plan skill
  • already held financial analysis knowledge
  • already held financial department processes knowledge
  • already held financial forecasting knowledge
  • already held financial statements knowledge
  • already held interpret financial statements skill
  • already held treasury management system knowledge
  • already held advise on financial matters skill
  • already held banking activities knowledge
  • already held create risk reports skill
  • already held disseminate information on tax legislation skill
  • already held manage currency exchange risk mitigation techniques skill
  • already held prepare financial statements skill
  • already held risk transfer knowledge
  • already held securities knowledge
  • already held tax legislation knowledge
15 supplementary skills, helpful but not required
Skill to acquire Tier
  • optional, not held convert currency optional
  • optional, not held develop revenue generation strategies optional
  • optional, not held identify if a company is a going concern optional
  • optional, not held perform currency reserve management optional
  • optional, not held advise on credit rating optional
  • optional, not held advise on tax planning optional
  • optional, not held exert expenditure control optional
  • optional, not held handle cash flow optional
  • optional, not held insurance market optional
  • optional, not held manage corporate bank accounts optional
  • optional, not held manage securities optional
  • optional, not held property law optional
  • optional, not held public offering optional
  • optional, not held stock market optional
  • optional, not held trade securities optional
45 held skills the corporate treasurer role does not ask for
Skill Type
  • not needed by the target role Monte Carlo simulation knowledge
  • not needed by the target role accounting department processes knowledge
  • not needed by the target role advise on risk management skill
  • not needed by the target role advise on tax policy skill
  • not needed by the target role analyse economic trends skill
  • not needed by the target role analyse external factors of companies skill
  • not needed by the target role analyse internal factors of companies skill
  • not needed by the target role apply credit risk policy skill
  • not needed by the target role apply credit stress testing methodologies skill
  • not needed by the target role apply statistical analysis techniques skill
  • not needed by the target role assess risk factors skill
  • not needed by the target role assess risks of clients' assets skill
  • not needed by the target role assessment of risks and threats knowledge
  • not needed by the target role calculate dividends skill
  • not needed by the target role carry out statistical forecasts skill
  • not needed by the target role collect financial data skill
  • not needed by the target role control financial resources skill
  • not needed by the target role create risk maps skill
  • not needed by the target role create solutions to problems skill
  • not needed by the target role deliver visual presentation of data skill
  • not needed by the target role develop predictive models skill
  • not needed by the target role digital data processing skill
  • not needed by the target role economics knowledge
  • not needed by the target role enforce financial policies skill
  • not needed by the target role estimate profitability skill
  • not needed by the target role financial management knowledge
  • not needed by the target role financial products knowledge
  • not needed by the target role follow company standards skill
  • not needed by the target role integrate strategic foundation in daily performance skill
  • not needed by the target role international financial reporting standards knowledge
  • not needed by the target role liaise with managers skill
  • not needed by the target role maintain financial records skill
  • not needed by the target role make strategic business decisions skill
  • not needed by the target role manage financial risk skill
  • not needed by the target role management consulting knowledge
  • not needed by the target role negotiate sales contracts skill
  • not needed by the target role perform data analysis skill
  • not needed by the target role prepare credit reports skill
  • not needed by the target role prevent fraudulent activities skill
  • not needed by the target role produce statistical financial records skill

5 further entries not listed here

6 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 investment analysis required
  • required, not held liquidity management required
  • optional, not held insurance market optional
  • optional, not held property law optional
  • optional, not held public offering optional
  • optional, not held stock market optional
Index

Other moves recorded from financial risk manager

Full index of moves from financial risk manager

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.