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Financial Market Dealer

222211 · Sedentary

Description

Buys and sells securities within financial markets, and trades and distributes financial securities on behalf of financial institutions.

Typical work tasks

  • Obtains information on securities, market conditions, government regulations and financial circumstances of clients; interprets data from securities reports, financial periodicals and stock-quotation viewer screens; analyses financial markets and financial market products; provides information and offers advice on financial market matters, market conditions and the history and prospects of corporations; executes buy and sell orders in the market place on behalf of clients; relays trade information to clients such as the number of contracts bought and sold and the price.

Typical work environment

  • Typically works indoors from an office or trading floor base that is typically adequately heated and ventilated.

Typical physical and mental demands

  • Sedentary physical demand levels.
  • Frequently sits at an office desk and studies both hard copy and on-line market information.
  • Frequently meets with clients and provides advice on the relative strengths and risks of various deals.
  • Standing and walking about the office or trading floor will be an occasional to frequent requirement.
  • Stretching, twisting, climbing and lifting is not a significant component.
  • Occasional to frequent repetitive hand and finger movements are required when using pens, calculators, keyboard and mouse.
  • Driving in cars is not a significant feature of the job but may be required occasionally.
  • Use of hand-held objects will be frequent in the form of writing instruments, telephones, calculators and computers.
  • Squatting, crouching or bending is not a significant component of the job.
  • Mental skills necessary include interpretation, analytical, research, presentation, financial product knowledge, communication, negotiation, calculation, organisational and planning skills.
Entry signal Reviewed

Requires a substantial formal qualification. A licence or registration is legally required.

Entry barrier Formal qualification
Licence / registration Licence/registration required
ANZSCO skill level 2
Next-day ready No

How this was determined (model-generated): Financial market dealer under FMC regime; ER explicitly states registration/licensing required and it is core. Proposal stands.

Entry Requirements

  • A relevant 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 is required.

Further Comments

  • There are opportunities for flexibility of movement.