Financial risk manager to corporate treasurer

• 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

• 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

• 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

Knowledge gaps usually close through study. Practical skill gaps usually need something you can point at.

• still to learn investment analysis required
• still to learn 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

Yes, and it is a moderate move. A financial risk manager already covers 54% of what a corporate treasurer is expected to do: 19 skills carry over, 10 of which the corporate treasurer role treats as required.

6 required skills are missing, plus 15 optional ones. They fall into 4 areas of the ESCO skill hierarchy, led by management skills. The single most important is investment analysis.

Its learning distance is 48.1 out of 100, which is the moderate band. That accounts for both how much is missing and how specialised those skills are.