ANZSCO code – 222213 Stockbroking Dealer

222213: Stockbroking Dealer

Description

Buys and sells stocks and bonds on behalf of clients. Registration or licensing is required. Skill Level 1   /  Skill Level NZ 2 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.

Assessing Authority

  • Vocational Education and Training Assessment Services (VETASSESS)

vetassess@vetassess.com.au

 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.

Indicative Skill Level

In Australia: Bachelor degree or higher qualification. At least five years of relevant experience may substitute for the formal qualification (ANZSCO Skill Level 1) In New Zealand: NZQF Diploma, or at least three years of relevant experience (ANZSCO Skill Level 2) In some instances relevant experience and/or on-the-job training may be required in addition to the formal qualification. Registration or licensing is 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
  • Recording and transmitting buy and sell orders
  • Calculating and recording costs of transactions

 Other occupations in this Unit Group

  • 222211: Financial Market Dealer
  • 222212: Futures Trader
  • 222299: Financial Dealers nec