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222199: Financial Brokers nec
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Visa Options
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State Eligibility
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State Eligibility Details
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DAMA
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ANZSCO Code
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Possible Visa Options
Visa Type Eligibility *Caveats Legislative Instrument MLTSSL STSOL ROL Visa Subclass 189 Skilled IndependentLIN 19/051 Visa Subclass 190 Skilled NominatedLIN 19/051 Visa Subclass 491 State/Territory nominatedLIN 19/051 Visa Subclass 491 Family SponsoredLIN 19/051 Visa Subclass 485 Graduate WorkLIN 19/051 Visa Subclass 482 TSS: Medium & Short termLIN 19/048 Visa Subclass 482 Labour Agreement - DAMAVisa Subclass 186 ENS: TRT & DELIN 19/049 Visa Subclass 187 RSMS: TRTLIN 19/047 Visa Subclass 494 SESR: Employer SponsoredLIN 19/219,
LIN 19/260Visa Subclass 407 Training: Enhance skillsLIN 19/050 *Caveats / Applicable circumstances:
No conditions apply
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State/Territory Eligibility Summary Table
State/Territory Nomination Visa Subclass 190 Visa Subclass 491 List ACT Australian Capital Territory NSW New South Wales NT Northern Territory QLD Queensland ('Offshore' list) SA South Australia TAS Tasmania Category 1 VIC Victoria WA Western Australia (General stream) Occupation MAY be eligible. Limitations and specific State requirements such as higher English, relevant work experience, suitable employment offer, etc. may apply. Occupation in the 'Supplementary Skilled List', 'Special Conditions Apply' or 'Currently not available for state nomination' Occupation NOT on relevant 'State Occupation List', or 'Closed' status; but MAY still be eligible if you meet the requirements Occupation MAY be eligible for 190 nomination under specific circumstances Occupation MAY NOT be eligible -
State/Territory Eligibility Details
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DAMA - Designated Area Migration Agreement
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222199: Financial Brokers nec
Description
This occupation group covers Financial Brokers not elsewhere classified. Registration or licensing is required.
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
http://www.vetassess.com.au/ [email protected] - Occupation in NEC category
- Investment Broker
Not elsewhere classified (nec) categories are used for known, discrete occupations which are not separately identified in ANZSCO Version 1.3 because of their lack of numerical significance in Australia or New Zealand. The occupation titles listed under nec categories are illustrative of the scope and range of occupations included in the nec category.
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.
Indicative 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:
NZQF 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
- 222111: Commodities Trader
- 222112: Finance Broker
- 222113: Insurance Broker
- Occupation ceilings program year 2019-2020
- Average Weekly / Annual Earnings 2018
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Australian Bureau of Statistics, 2013, ANZSCO - Australian and New Zealand Standard Classification of Occupations, 2013, Version 1.3, cat. no. 1220.0, https://www.abs.gov.au/ausstats/[email protected]/mf/1220.0
