Financial Market Dealer
222211 · SedentaryDescription
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.