Registered Migration Australia

FINANCIAL MARKET DEALER

ANZSCO 222211 - Registered Migration Australia




Description
A financial market dealer buys and sells securities within financial markets, and trades and distributes financial securities on behalf of financial institutions. Registration or licensing is required in Australia. Financial market dealer is a Skill Level 1 occupation.

 

 

Financial Market Dealer Alternative Title

 

  • Money Market Dealer

 

 

Specialisations

 

  • Derivatives Trader
  • Fixed Interest Dealer
  • Foreign Exchange Dealer
  • Securities Dealer

 

 

Financial Market Dealer Occupation Lists
This occupation is on the following skill lists:

 

 

This occupation is not on the following skills list:

 

 

 

Group: 2222 Financial Dealers

 

Job Description - Registered Migration Australia

The job of a financial market dealer in Australia is to 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 the financial market dealer unit group (Group 2222) 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).


Occupations within the Financial Market Dealer Group

 

 

Note: Whilst a similar occupation may appear in the same financial market dealer group, if not specifically listed in the STSOL or MLTSSL the ANZSCO description should be used for reference purposes only.

 

English Requirement

 

  • IELTS result with a minimum score of 6 (L, R, W), 7 in speaking and 7 overall;
  • OET result with a minimum grade B in all sections;
  • TOEFL iBT with a minimum score (L:12 R:13 W:21 S:23 overall L93);
  • PTE Academic with a minimum score of 50 (L, R, W), 65 in speaking and 65 overall

Exceptions

  • Australian Graduate exceptions apply in some states/territories
  • Priority Skilled Lists may apply a specific requirement in some states/territories
  • Countries exempt from submitting IELTS or OET include the UK; Canada; New Zealand; US; and Ireland

 

Where mandatory licensing or registration is required you must demonstrate a level of English either sufficient to meet licensing / registration or a minimum IELTS, or equivalent, whichever is higher.

 

 

Assessment Authority

 

  • Financial Market Dealer is currently assessed with VETASSESS - (Vocational Education and Training Assessment Services), more info regarding assessment bodies

 

Average Income

The average salary for a Financial Market Dealer in Australia is $ 186,242 for male employees and $ 110,408 for female employees per year. Average Age: Males: 38.0 Females: 40.0 Persons: 38.6

Source: www.abs.gov.au (Group 2222) Financial dealers - Employee Earnings and Hours, Australia, May 2016

 

 

Please contact us if you would like assistance with your financial market dealer skilled visa application. Registered Migration Australia is a licensed migration company. We are proudly 100% Australian owned and operated.