securities brokertofinancial trader
A securities broker already meets 77% of what the financial trader role asks for. The move turns on 3 required skills not yet in the profile.
77%
27.1/ 100
1 Share of the financial trader role’s weighted skill requirement already met by the securities 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.
Why this move works
A financial trader role treats 14 of its required skills as things a securities broker already does. These are the ones it depends on most.
- actuarial science
- advise on financial matters
- analyse market financial trends
- communicate with customers
- economics
- financial jurisdiction
What stands in the way is 3 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 25 skills that carry over, these are the ones fewest other occupations ask for. A financial trader role needs them, and most people applying for one will not have them already. This is the part of a securities broker background worth leading with.
- already held assess risks of clients' assets information skills
- already held operate financial instruments management skills
- already held trade securities communication, collaboration and creativity
- already held perform stock valuation information skills
- already held forecast economic trends information skills
- already held provide financial product information communication, collaboration and creativity
All 25 carried skills, including the 14 the financial trader role treats as required.
Table 3 · What you would need to learn
The 10 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.
- required, not held cryptocurrency required
- optional, not held fundamental analysis optional
- optional, not held investment analysis optional
- required, not held analyse economic trends required
- optional, not held manage financial risk optional
- optional, not held monitor stock market optional
- required, not held offer financial services required
- optional, not held advise on investment optional
- optional, not held develop investment portfolio optional
- optional, not held make investment decisions optional
Table 4 · Where to start
The 3 entries a financial trader role is least likely to hire without. The ordering is computed from the skill data, not from what pays.
- 01 cryptocurrency knowledge · sector specific
- 02 offer financial services skill · sector specific
- 03 analyse economic trends 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 25 skills that carry over
- already held actuarial science knowledge
- already held advise on financial matters skill
- already held analyse market financial trends skill
- already held communicate with customers skill
- already held economics knowledge
- already held financial jurisdiction knowledge
- already held financial markets knowledge
- already held financial products knowledge
- already held handle financial transactions skill
- already held maintain records of financial transactions skill
- already held obtain financial information skill
- already held operate financial instruments skill
- already held protect client interests skill
- already held provide financial product information skill
- already held assess risks of clients' assets skill
- already held banking activities knowledge
- already held communicate with banking professionals skill
- already held create a financial plan skill
- already held forecast economic trends skill
- already held modern portfolio theory knowledge
- already held perform stock valuation skill
- already held review investment portfolios skill
- already held securities knowledge
- already held stock market knowledge
- already held trade securities skill
7 supplementary skills, helpful but not required
- optional, not held advise on investment optional
- optional, not held fundamental analysis optional
- optional, not held investment analysis optional
- optional, not held develop investment portfolio optional
- optional, not held make investment decisions optional
- optional, not held manage financial risk optional
- optional, not held monitor stock market optional
9 held skills the financial trader role does not ask for
- not needed by the target role accounting knowledge
- not needed by the target role analyse financial risk skill
- not needed by the target role apply technical communication skills skill
- not needed by the target role build business relationships skill
- not needed by the target role electronic communication knowledge
- not needed by the target role provide support in financial calculation skill
- not needed by the target role statistics knowledge
- not needed by the target role tax legislation knowledge
- not needed by the target role trace financial transactions skill
3 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 cryptocurrency required
- optional, not held fundamental analysis optional
- optional, not held investment analysis optional
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.