Table 1Transition record

mutual fund brokertosecurities trader

A mutual fund broker already meets 70% of what the securities trader role asks for. The move turns on 3 required skills not yet in the profile.

From mutual fund broker

70%

Overlap1

To securities trader

23 Skills carried over

3 Required, not held

32.8 Difficulty2

adjacent 0–30

moderate 30–55

substantial 55–75

career change 75–100

this move, 32.8

This move: 32.8 of 100 · moderate

1 Share of the securities trader role’s weighted skill requirement already met by the mutual fund broker 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 23 skills that carry over, these are the ones fewest other occupations ask for. A securities trader role needs them, and most people applying for one will not have them already. This is the part of a mutual fund broker background worth leading with.

Skill the target role also needs Area

already held offer financial services communication, collaboration and creativity
already held trade securities communication, collaboration and creativity
already held monitor stock market information skills
already held perform stock valuation information skills
already held forecast economic trends information skills
already held develop investment portfolio management skills

All 23 carried skills, including the 13 the securities trader role treats as required.

Table 3

Table 3 · What you would need to learn

The 15 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 communication, collaboration and creativity 2 required, 1 supplementary

required, not held communicate with customers required
required, not held write work-related reports required

optional, not held advise on investment optional

02 management skills 1 required, 1 supplementary

required, not held perform financial market business required

optional, not held make investment decisions optional

03 information skills 5 supplementary

optional, not held examine credit ratings optional
optional, not held interpret financial statements optional
optional, not held maintain records of financial transactions optional
optional, not held obtain financial information optional
optional, not held trace financial transactions optional

04 business, administration and law 3 supplementary

optional, not held accounting techniques optional
optional, not held banking activities optional
optional, not held tax legislation optional

05 information and communication technologies (icts) 1 supplementary

optional, not held office software optional

06 natural sciences, mathematics and statistics 1 supplementary

optional, not held statistics optional

Table 4

Table 4 · Where to start

The 3 entries a securities trader 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 23 skills that carry over

Skill Type

already held actuarial science knowledge
already held analyse economic trends skill
already held analyse market financial trends skill
already held economics knowledge
already held financial jurisdiction knowledge
already held financial markets knowledge
already held forecast economic trends skill
already held handle financial transactions skill
already held modern portfolio theory knowledge
already held monitor stock market skill
already held offer financial services skill
already held securities knowledge
already held stock market knowledge
already held advise on financial matters skill
already held analyse financial risk skill
already held create a financial plan skill
already held develop investment portfolio skill
already held financial products knowledge
already held investment analysis knowledge
already held perform stock valuation skill
already held provide financial product information skill
already held review investment portfolios skill
already held trade securities skill

12 supplementary skills, helpful but not required

Skill to acquire Tier

optional, not held advise on investment optional
optional, not held accounting techniques optional
optional, not held banking activities optional
optional, not held examine credit ratings optional
optional, not held interpret financial statements optional
optional, not held maintain records of financial transactions optional
optional, not held make investment decisions optional
optional, not held obtain financial information optional
optional, not held office software optional
optional, not held statistics optional
optional, not held tax legislation optional
optional, not held trace financial transactions optional

9 held skills the securities trader role does not ask for

Skill Type

not needed by the target role apply technical communication skills skill
not needed by the target role asset management knowledge
not needed by the target role build business relationships skill
not needed by the target role customer service knowledge
not needed by the target role develop professional network skill
not needed by the target role implement hedging strategies for clients skill
not needed by the target role liaise with shareholders skill
not needed by the target role operate financial instruments skill
not needed by the target role provide cost benefit analysis reports skill

5 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 accounting techniques optional
optional, not held banking activities optional
optional, not held office software optional
optional, not held statistics optional
optional, not held tax legislation optional

Index

Other moves recorded from mutual fund broker

Full index of moves from mutual fund broker

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.