Table 1Transition record

middle office analysttofinancial markets back office administrator

A middle office analyst already meets 63% of what the financial markets back office administrator role asks for. The move turns on 3 required skills not yet in the profile.

From middle office analyst

63%

Overlap1

To financial markets back office administrator

15 Skills carried over

3 Required, not held

37.3 Difficulty2

adjacent 0–30

moderate 30–55

substantial 55–75

career change 75–100

this move, 37.3

This move: 37.3 of 100 · moderate

1 Share of the financial markets back office administrator role’s weighted skill requirement already met by the middle office analyst 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 financial markets back office administrator role needs them, and most people applying for one will not have them already. This is the part of a middle office analyst background worth leading with.

Skill the target role also needs Area

already held handle paperwork management skills
already held office administration business, administration and law
already held provide financial product information communication, collaboration and creativity
already held office software information and communication technologies (icts)
already held maintain records of financial transactions information skills
already held trace financial transactions information skills

All 15 carried skills, including the 10 the financial markets back office administrator role treats as required.

Table 3

Table 3 · What you would need to learn

The 14 missing skills fall into 6 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 2 required, 6 supplementary

required, not held customer service required
required, not held financial markets required

optional, not held commercial law optional
optional, not held foreign valuta optional
optional, not held international commercial transactions rules optional
optional, not held accounting optional
optional, not held financial jurisdiction optional
optional, not held stock market optional

02 engineering, manufacturing and construction 1 required

required, not held electronic communication required

03 communication, collaboration and creativity 2 supplementary

optional, not held trade foreign currencies optional
optional, not held trade securities optional

04 management skills 1 supplementary

optional, not held manage securities trading optional

05 natural sciences, mathematics and statistics 1 supplementary

optional, not held actuarial science optional

06 social sciences, journalism and information 1 supplementary

optional, not held economics optional

Table 4

Table 4 · Where to start

The 3 entries a financial markets back office administrator 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 banking activities knowledge
already held financial products knowledge
already held handle financial transactions skill
already held handle paperwork skill
already held maintain records of financial transactions skill
already held manage administrative systems skill
already held manage contracts skill
already held office administration knowledge
already held office software knowledge
already held perform clerical duties skill
already held communicate with banking professionals skill
already held provide financial product information skill
already held securities knowledge
already held statistics knowledge
already held trace financial transactions skill

11 supplementary skills, helpful but not required

Skill to acquire Tier

optional, not held actuarial science optional
optional, not held commercial law optional
optional, not held foreign valuta optional
optional, not held international commercial transactions rules optional
optional, not held manage securities trading optional
optional, not held trade foreign currencies optional
optional, not held accounting optional
optional, not held economics optional
optional, not held financial jurisdiction optional
optional, not held stock market optional
optional, not held trade securities optional

21 held skills the financial markets back office administrator role does not ask for

Skill Type

not needed by the target role advise on financial matters skill
not needed by the target role analyse financial risk skill
not needed by the target role apply company policies skill
not needed by the target role asset management knowledge
not needed by the target role business processes knowledge
not needed by the target role comply with legal regulations skill
not needed by the target role conduct qualitative research skill
not needed by the target role customer relationship management knowledge
not needed by the target role enforce financial policies skill
not needed by the target role ensure compliance with legal requirements skill
not needed by the target role financial management knowledge
not needed by the target role investment banking knowledge
not needed by the target role maintain contract administration skill
not needed by the target role manage financial risk skill
not needed by the target role obtain financial information skill
not needed by the target role operate financial instruments skill
not needed by the target role provide improvement strategies skill
not needed by the target role provide support in financial calculation skill
not needed by the target role risk management knowledge
not needed by the target role treasury management system knowledge
not needed by the target role use office systems skill

11 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 customer service required
required, not held electronic communication required
required, not held financial markets required
optional, not held actuarial science optional
optional, not held commercial law optional
optional, not held foreign valuta optional
optional, not held international commercial transactions rules optional
optional, not held accounting optional
optional, not held economics optional
optional, not held financial jurisdiction optional
optional, not held stock market optional

Index

Other moves recorded from middle office analyst

Full index of moves from middle office analyst

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.