Shipbroker to foreign exchange cashier
A shipbroker already meets 37% of what the foreign exchange cashier role asks for. The move turns on 6 required skills not yet in the profile.
58.3/ 100
1 How much of what a foreign exchange cashier is expected to do is already part of a shipbroker’s work. Directional: the figure for the reverse move differs, because moving into a speciality is not the same problem as moving out of one. 2 Every skill the foreign exchange cashier role is recorded as needing, required and optional together. What these numbers mean.
Why this move works
A foreign exchange cashier role treats 5 of its required skills as things a shipbroker already does. You would walk in with these on day one.
- banking activities
- electronic communication
- handle financial transactions
- maintain records of financial transactions
- provide financial product information
What stands in the way is 6 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 7 skills that carry over, these are the ones fewest other occupations ask for. A foreign exchange cashier 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.
- 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 7 carried skills, including the 5 the foreign exchange cashier role treats as required.
Table 3 · What you may need to learn
The 17 missing skills fall into 7 areas of the ESCO skill hierarchy, numbered in the order worth working in. Areas carrying the most required skills come first, and inside each one the required skills sit above the optional ones. Nothing here is a verdict on you: it is a list of what this particular job asks for that your current one does not.
- still to learn customer service required
- still to learn foreign valuta required
- optional, not held financial jurisdiction optional
- optional, not held financial markets optional
- still to learn operate cash register required
- still to learn perform clerical duties required
- still to learn trade foreign currencies required
- optional, not held offer financial services optional
- optional, not held provide customers with price information optional
- optional, not held apply technical communication skills optional
- optional, not held communicate with banking professionals optional
- optional, not held communicate with customers optional
- still to learn maintain financial records required
- optional, not held process order forms with customer's information optional
- optional, not held provide customers with order information optional
- optional, not held statistics optional
1 further area in the appendix
Table 4 · Where to start
The 3 entries a foreign exchange cashier 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 · The rest of the record
All 7 skills that carry over
- 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 provide financial product information skill
- already held commercial law knowledge
- already held trace financial transactions skill
The 1 learning area not shown above
- optional, not held use IT tools optional
11 supplementary skills, helpful but not required
- optional, not held offer financial services optional
- optional, not held process order forms with customer's information optional
- optional, not held provide customers with order information optional
- optional, not held provide customers with price information optional
- optional, not held apply technical communication skills optional
- optional, not held communicate with banking professionals optional
- optional, not held communicate with customers optional
- optional, not held financial jurisdiction optional
- optional, not held financial markets optional
- optional, not held statistics optional
- optional, not held use IT tools optional
23 held skills the foreign exchange cashier role does not ask for
- 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 economics knowledge
- not needed by the target role international commercial transactions rules knowledge
- 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 manage contracts 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
5 gaps that are knowledge rather than practice
Knowledge gaps usually close through study. Practical skill gaps usually need something you can point at.
- still to learn customer service required
- still to learn foreign valuta required
- optional, not held financial jurisdiction optional
- optional, not held financial markets optional
- optional, not held statistics optional
Common questions about this move
Can a shipbroker become a foreign exchange cashier?
Yes, and it is a substantial move. A shipbroker already covers 37% of what a foreign exchange cashier is expected to do: 7 skills carry over, 5 of which the foreign exchange cashier role treats as required.
What skills does a shipbroker need to become a foreign exchange cashier?
6 required skills are missing, plus 11 optional ones. They fall into 7 areas of the ESCO skill hierarchy, led by business, administration and law. The single most important is customer service.
How hard is the move from shipbroker to foreign exchange cashier?
Its learning distance is 58.3 out of 100, which is the substantial band. That accounts for both how much is missing and how specialised those skills are.
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.