Overview
Operates as an independent agent to bring together buyers and sellers of commodities, negotiates private sales and arranges sales through established market places.
Skills
Most occupations in this unit group have a level of skill commensurate with the qualifications and experience outlined below. AQF Associate Degree, Advanced Diploma or Diploma (ANZSCO Skill Level 2)
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
Alternative Titles
- Commodities Broker
Specialisations
- Energy Trader
- Grain Buyer
- Livestock Trader
- Media Buyer
- Wool Broker
Related Occupations
Source: 1220.0 - ANZSCO - Australian and New Zealand Standard Classification of Occupations, First Edition.
Note: The tasks associated with the occupation are to be used as guidance only. The tasks listing may include tasks associated with the grouping/category to which the occupation belongs.
Training Pathways
No courses found.