Occupation: 222111 – Commodities Trader
Operates as an independent agent to bring together buyers and sellers of commodities, negotiates private sales and arranges sales through established market places.
The entry requirement for this occupation is the qualifications and experience (AQF Associate Degree, Advanced Diploma or Diploma (ANZSCO Skill Level 2)). At least 3 years of relevant experience may substitute for the formal qualifications listed above. In some instances relevant experience and/or on-the-job training may be required in addition to the formal qualification. Registration or licensing may be required.
- 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, repayment 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