mortgage loan underwritertocredit adviser
A mortgage loan underwriter already meets 40% of what the credit adviser role asks for. The move turns on 10 required skills not yet in the profile.
40%
63/ 100
1 Share of the credit adviser role’s weighted skill requirement already met by the mortgage loan underwriter 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 credit adviser role treats 8 of its required skills as things a mortgage loan underwriter already does. These are the ones it depends on most.
- analyse loans
- assess debtor's financial situation
- consult credit score
- credit control processes
- debt systems
- examine credit ratings
What stands in the way is 10 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 17 skills that carry over, these are the ones fewest other occupations ask for. A credit adviser role needs them, and most people applying for one will not have them already. This is the part of a mortgage loan underwriter background worth leading with.
- already held assess debtor's financial situation information skills
- already held maintain credit history of clients information skills
- already held interview bank loanees communication, collaboration and creativity
- already held mortgage loans business, administration and law
- already held analyse loans information skills
- already held credit control processes business, administration and law
All 17 carried skills, including the 8 the credit adviser role treats as required.
Table 3 · What you would need to learn
The 30 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.
- required, not held analyse the credit history of potential customers required
- required, not held maintain client debt records required
- required, not held perform debt investigation required
- required, not held provide support in financial calculation required
- optional, not held determine loan conditions optional
- optional, not held monitor national economy optional
- optional, not held prepare credit reports optional
- optional, not held assess risks of clients' assets optional
- optional, not held forecast future levels of business optional
- optional, not held synthesise financial information optional
- required, not held prepare credit offers required
- required, not held advise on financial matters required
- required, not held provide financial product information required
- optional, not held advise on credit rating optional
- optional, not held review investment portfolios optional
- required, not held financial products required
- required, not held insolvency law required
- optional, not held corporate social responsibility optional
- optional, not held investment analysis optional
- optional, not held microfinance optional
- optional, not held accounting techniques optional
- optional, not held audit techniques optional
- optional, not held business loans optional
- optional, not held credit card payments optional
- optional, not held tax legislation optional
- required, not held economics required
- optional, not held budget for financial needs optional
- optional, not held create a financial plan optional
- optional, not held develop investment portfolio optional
- optional, not held consumer protection optional
Table 4 · Where to start
The 3 entries a credit adviser role is least likely to hire without. The ordering is computed from the skill data, not from what pays.
- 01 prepare credit offers skill · occupation specific
- 02 advise on financial matters skill · cross sector
- 03 analyse the credit history of potential customers skill · 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 17 skills that carry over
- already held analyse loans skill
- already held assess debtor's financial situation skill
- already held consult credit score skill
- already held credit control processes knowledge
- already held debt systems knowledge
- already held examine credit ratings skill
- already held maintain credit history of clients skill
- already held obtain financial information skill
- already held advise on risk management skill
- already held analyse financial risk skill
- already held banking activities knowledge
- already held communicate with banking professionals skill
- already held interpret financial statements skill
- already held interview bank loanees skill
- already held mortgage loans knowledge
- already held property law knowledge
- already held securities knowledge
20 supplementary skills, helpful but not required
- optional, not held corporate social responsibility optional
- optional, not held determine loan conditions optional
- optional, not held investment analysis optional
- optional, not held microfinance optional
- optional, not held monitor national economy optional
- optional, not held prepare credit reports optional
- optional, not held accounting techniques optional
- optional, not held advise on credit rating optional
- optional, not held assess risks of clients' assets optional
- optional, not held audit techniques optional
- optional, not held budget for financial needs optional
- optional, not held business loans optional
- optional, not held consumer protection optional
- optional, not held create a financial plan optional
- optional, not held credit card payments optional
- optional, not held develop investment portfolio optional
- optional, not held forecast future levels of business optional
- optional, not held review investment portfolios optional
- optional, not held synthesise financial information optional
- optional, not held tax legislation optional
9 held skills the credit adviser role does not ask for
- not needed by the target role actuarial science knowledge
- not needed by the target role apply credit risk policy skill
- not needed by the target role collect property financial information skill
- not needed by the target role create underwriting guidelines skill
- not needed by the target role decide on loan applications skill
- not needed by the target role examine mortgage loan documents skill
- not needed by the target role foreclosure knowledge
- not needed by the target role manage loan applications skill
- not needed by the target role real estate underwriting knowledge
12 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 economics required
- required, not held financial products required
- required, not held insolvency law required
- optional, not held corporate social responsibility optional
- optional, not held investment analysis optional
- optional, not held microfinance optional
- optional, not held accounting techniques optional
- optional, not held audit techniques optional
- optional, not held business loans optional
- optional, not held consumer protection optional
- optional, not held credit card payments optional
- optional, not held tax legislation optional
Other moves recorded from mortgage loan underwriter
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.