COMMODITIES TRADER
ANZSCO Code: 222111
Operates as an independent agent to bring together buyers and sellers of commodities, negotiates private sales and arranges sales through established market places.
Skill Level
2
Specialistaion
- Energy Trader
- Grain Buyer
- Livestock Trader
- Media Buyer
- Wool Broker
Group: FINANCIAL BROKERS
ANZSCO Code: 2221
FINANCIAL BROKERS operate as independent agents to facilitate the trading of commodities and arrange insurance and loans of money on behalf of clients.
Indicative Skill Level
Most occupations in this unit group have a level of skill commensurate with the qualifications and experience outlined below. In Australia
In Australia
AQF Associate Degree, Advanced Diploma or Diploma (ANZSCO Skill Level 2)
In New Zealand
NZ Register Diploma (ANZSCO Skill Level 2)
Tasks Include
- monitoring commodity prices, trends and other factors affecting the supply and demand for commodities
- negotiating the purchase and sale of commodities such as grains, wool, minerals and metals
- determining the specific financial and insurance requirements of clients, and researching and reviewing available finance and insurance products for suitability to meet clients' requirements
- analysing clients' financial status, discussing financial options and developing financial strategies
- recommending loan combinations that meet clients' needs
- interviewing prospective clients to explain insurance policy conditions, risks covered, premium rates and benefits, and to make recommendations on the amount and type of cover
- arranging insurance, home loan mortgages and other types of finance for clients through banks, lenders, financiers and insurance companies
- preparing documents which set out the conditions of finance, repayments and loan periods
- identifying and advising on significant risk changes to clients' insurance
- broking complex and commercial leases, equipment finance, commercial finance, project finance and finance for property developers
