Table 1Transition record

shipbrokertofinancial markets back office administrator

A shipbroker already meets 36% of what the financial markets back office administrator role asks for. The move turns on 8 required skills not yet in the profile.

From shipbroker

36%

Overlap1

To financial markets back office administrator

10 Skills carried over

8 Required, not held

60.3 Difficulty2

Career overlap Distant match

36%

Learning distance Substantial retraining

60.3/ 100

Easy adjacentmoderatesubstantialcareer change Hard

1 Share of the financial markets back office administrator role’s weighted skill requirement already met by the shipbroker 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

Why this move works

A financial markets back office administrator role treats 5 of its required skills as things a shipbroker already does. These are the ones it depends on most.

banking activities
electronic communication
handle financial transactions
maintain records of financial transactions
manage contracts

What stands in the way is 8 required skills the profile does not yet cover. Table 3 groups them; Table 4 says which to take first.

Table 2

Table 2 · What you already bring

Of the 10 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 shipbroker background worth leading with.

Skill the target role also needs Area

already held provide financial product information communication, collaboration and creativity
already held electronic communication engineering, manufacturing and construction
already held commercial law business, administration and law
already held maintain records of financial transactions information skills
already held trace financial transactions information skills
already held banking activities business, administration and law

All 10 carried skills, including the 5 the financial markets back office administrator role treats as required.

Table 3

Table 3 · What you would need to learn

The 19 missing skills fall into 5 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 4 required, 5 supplementary

required, not held customer service required
required, not held office administration required
required, not held financial markets required
required, not held financial products required

optional, not held foreign valuta optional
optional, not held accounting optional
optional, not held financial jurisdiction optional
optional, not held securities optional
optional, not held stock market optional

02 management skills 3 required, 1 supplementary

required, not held manage administrative systems required
required, not held handle paperwork required
required, not held perform clerical duties required

optional, not held manage securities trading optional

03 information and communication technologies (icts) 1 required

required, not held office software required

04 communication, collaboration and creativity 3 supplementary

optional, not held trade foreign currencies optional
optional, not held communicate with banking professionals optional
optional, not held trade securities optional

05 natural sciences, mathematics and statistics 2 supplementary

optional, not held actuarial science optional
optional, not held statistics 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 10 skills that carry over

Skill Type

already held banking activities knowledge
already held electronic communication knowledge
already held handle financial transactions skill
already held maintain records of financial transactions skill
already held manage contracts skill
already held commercial law knowledge
already held economics knowledge
already held international commercial transactions rules knowledge
already held provide financial product information skill
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 foreign valuta optional
optional, not held manage securities trading optional
optional, not held trade foreign currencies optional
optional, not held accounting optional
optional, not held communicate with banking professionals optional
optional, not held financial jurisdiction optional
optional, not held securities optional
optional, not held statistics optional
optional, not held stock market optional
optional, not held trade securities optional

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

Skill Type

not needed by the target role advise on merchandise features skill
not needed by the target role commodities in maritime transportation knowledge
not needed by the target role consult shipping rates skill
not needed by the target role demonstrate products' features skill
not needed by the target role develop professional network skill
not needed by the target role direct logistical functions skill
not needed by the target role distinguish various types of ships skill
not needed by the target role international trade knowledge
not needed by the target role liaise with transportation services skill
not needed by the target role maritime law knowledge
not needed by the target role negotiate buying conditions skill
not needed by the target role negotiate price skill
not needed by the target role negotiate sales contracts skill
not needed by the target role negotiate with stakeholders skill
not needed by the target role obtain financial information skill
not needed by the target role oversee shipment routing skill
not needed by the target role protect client interests skill
not needed by the target role ship related legislative requirements knowledge
not needed by the target role shipping industry knowledge
not needed by the target role trade ships skill

12 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 office administration required
required, not held financial markets required
required, not held financial products required
required, not held office software required
optional, not held actuarial science optional
optional, not held foreign valuta optional
optional, not held accounting optional
optional, not held financial jurisdiction optional
optional, not held securities optional
optional, not held statistics optional
optional, not held stock market optional

Index

Other moves recorded from shipbroker

Full index of moves from shipbroker

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.