222211 Financial Market Dealer

ANZSCO Occupation Code: 
222211
ANZSCO Occupation Name: 
Financial Market Dealer
Skill Assessing Authority: 
Medium and Long-term Strategic Skills List: 
No
Short-term Skilled Occupation List: 
Yes
Regional Sponsored Migration Scheme: 
Yes
LMT Protected Occupation: 
No
ANZSCO Occupation Description: 

222211 FINANCIAL MARKET DEALER

Alternative Title:
Money 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.
Skill Level: 1
Specialisations:
Derivatives Trader
Fixed Interest Dealer
Foreign Exchange Dealer
Securities Dealer

ANZSCO Skill Level: 
1

2222 Financial Dealers

ANZSCO Unit Group Code: 
2222
ANZSCO Unit Group Name: 
Financial Dealers
ANZSCO Unit Group Description: 

2222 FINANCIAL DEALERS

FINANCIAL DEALERS conduct financial market transactions on behalf of clients.
Indicative Skill Level:
In Australia and New Zealand:
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.
Tasks Include:

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

Avg. weekly earnings - males (May 2012): 
2 667.50
Avg. weekly earnings - females (May 2012): 
1 984.90
Avg. weekly earnings - persons (May 2012): 
2 498.70