Major Group: 2 - Professionals | Sub-Major Group: 22 - Business, Human Resource and Marketing Professionals | Minor Group: 222 - Financial Brokers and Dealers, and Investment Advisers | Unit Group: 2222 - Financial Dealers
Description: Buys and sells stocks and bonds on behalf of clients. Registration or licensing is required.
Skill Level 1 : Occupations at Skill Level 1 have a level of skill commensurate with a bachelor degree or higher qualification. At least five years of relevant experience may substitute for the formal qualification. In some instances relevant experience and/or on-the-job training may be required in addition to the formal qualification.
Alternative Titles
Sharebroker
Stockbroker
Alternative titles are any commonly used alternative title (or titles) for the occupation. These alternative titles have the same meaning as the principal title but may be less commonly used.
Specialisations
Trading Floor Operator (Stock Exchange)
Specialisation titles are any commonly used titles which refer to a subset of jobs belonging to the occupation designated in the principal title. These jobs involve the performance of specialised tasks rather than the broader range of tasks usually performed in the occupation.
UNIT GROUP 2222: FINANCIAL DEALERS
Description: Conduct financial market transactions on behalf of clients.
Skill Level: Most occupations in this unit group have a level of skill commensurate with a bachelor degree or higher qualification. At least five years of relevant experience may substitute for the formal qualification. In some instances relevant experience and/or on-the-job training may be required in addition to the formal qualification (ANZSCO Skill Level 1).
Registration or licensing may be required.
Tasks
obtaining information on securities, market conditions, government regulations and financial circumstances of clients
interpreting data from securities reports, financial periodicals and stock-quotation viewer screens
analysing financial markets and financial market products
providing information and offering advice on financial market matters, market conditions and the history and prospects of corporations
executing buy and sell orders in the market place on behalf of clients
relaying trade information to clients such as the number of contracts bought and sold and the price
monitoring futures prices and market changes, and bidding for commodity futures contracts