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21 Jun 17 South Australia
21 Jun 17 Western Australia
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222111: Commodities Trader SKILL LEVEL 2
| MLTSSL | Medium and Long-term Strategic Skills List |  |
| STSOL | Short-term Skilled Occupation List |  |
| Combined List of Eligible Skilled Occupations | |
- SummaryEligibility Summary Table
- State EligibilityDetails
- ANZSCO CodeInformation
- Unit GroupInformation
ELIGIBILITY SUMMARY TABLE - ANZSCO 222111
| General Skilled Visa 189 | NOT ELIGIBLE | |||||
| State | Capital | Visa subclass 190 | Visa subclass 489 | List | ||
|---|---|---|---|---|---|---|
| ACT | Australian Capital Territory | Canberra |  |  |  | |
| NSW | New South Wales | Sydney | | | | |
| NT | Northern Territory | Darwin | | | | |
| QLD | Queensland | Brisbane | | | | |
| SA | South Australia | Adelaide |  | | | |
| TAS | Tasmania | Hobart |  | | | |
| VIC | Victoria | Melbourne | | | | |
| WA | Western Australia | Perth | | | | |
| Occupation may be eligible |
| Occupation in the "Supplementary Skilled List" or "Special Conditions Apply" |
| Check the State Eligibility tab to see further details |
| Occupation NOT eligible |
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AUSTRALIAN STATE ELIGIBILITY - ANZSCO 222111
Australian Capital Territory (Canberra)
New South Wales (Sydney)
Queensland (Brisbane)
South Australia (Adelaide)
Tasmania (Hobart)
ANZSCO 222111: Commodities Trader
Description: Operates as an independent agent to bring together buyers and sellers of commodities, negotiates private sales and arranges sales through established market places.
Skill Level 2 : Occupations at Skill Level 2 have a level of skill commensurate with one of the following:
- NZ Register Diploma or
- AQF Associate Degree, Advanced Diploma or Diploma.
At least three 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.
Assessing Authority
| VETASSESS - Vocational Education and Training Assessment Services | |
|---|---|
| Website | http://www.vetassess.com.au/ |
| vetassess@vetassess.com.au | |
Alternative Titles
- Commodities Broker
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
- Energy Trader
- Grain Buyer
- Livestock Trader
- Media Buyer
- Wool Broker
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 2221: Financial Brokers
Description: Operate as independent agents to facilitate the trading of commodities and arrange insurance and loans of money on behalf of clients.
Skill Level: Most occupations in this unit group have a level of skill commensurate with the qualifications and experience outlined below.
- In Australia:
AQF Associate Degree, Advanced Diploma or Diploma (ANZSCO Skill Level 2)
- In New Zealand:
NZ Register Diploma (ANZSCO Skill Level 2)
At least three 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.
Tasks
- 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, repayments 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
Other occupations in this Unit Group
- 222112 - Finance Broker
- 222113 - Insurance Broker
- 222199 - Financial Brokers nec
