This occupation group covers Financial Dealers not elsewhere classified. Registration or licensing may be required.

Skill Level

1

Specialisations

• Equities Analyst

Unless you are exempt in very limited circumstances, you are required to have a positive Skills Assessment to apply for the visas listed above.

Skills Assessment authority for Financial Dealers nec is Vocational Education and Training Assess (VETASSESS). To have a positive skills assessment, you must meet the following criteria:

• Three pathways for skills assessment by VETASSESS
  • Pathway A – Qualification(s) assessed at AQF Bachelor degree or higher degree with a highly relevant field of study and at least one year of post-qualification highly relevant employment at an appropriate skill level in the last five years
  • Pathway B – Qualification(s) assessed at AQF Bachelor degree or higher degree with an additional qualification at least Australian Qualifications Framework (AQF) Diploma level in a highly relevant field of study and at least two years of post qualification highly relevant employment at an appropriate skill level in the last five years;
  • Pathway C – Qualification(s) assessed at AQF Bachelor degree or higher degree without a highly relevant field of study and at least three years of post-qualification highly relevant employment at an appropriate skill level in the last five years; Certification Panel
• Note: For pre-qualification employment (if all of your employment is before your qualification assessed at the AQF bachelor degree level), five years of highly relevant employment in addition to at least one year of highly relevant employment at an appropriate skill level in the last five years.

conduct financial market transactions on behalf of clients.

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
• recording and transmitting buy and sell orders
• calculating and recording costs of transactions

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.

Occupations in this Group

• 222211 Financial Market Dealer
• 222212 Futures Trader
• 222213 Stockbroking Dealer
• 222299 Financial Dealers nec