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Financial Markets Broker/Dealer's Assistant

Accounting, Banking & Financial Services

ANZSCO ID 222112

Summary

Finance Brokers operate as independent agents in the course of financial negotiations and arrange loans of money on behalf of clients.

Employment Pathway

A formal qualification in commerce, finance, economics or actuarial studies is usually needed to work as a Finance Broker. Vocational Education and Training (VET) and university are both common study pathways.

Registration or licencing may be required.

Top Skills Required

  • Active Listening - Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times
  • Critical Thinking - Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems
  • Reading Comprehension - Understanding the meaning of written sentences and paragraphs
  • Speaking - Talking to others to convey information effectively
  • Judgment and Decision Making - Considering the relative costs and benefits of potential actions to choose the most appropriate one

Key tasks

  • Determines the specific financial and insurance requirements of clients, and researches and reviews available finance and insurance products for suitability to meet clients' requirements.
  • Analyses clients' financial status, discusses financial options and develops financial strategies.
  • Recommends loan combinations that meet clients' needs.

Facts about this occupation

14.2% Growth
81% Full-time Share
$2,622 Avg Pay/Wk
12,700 Workers
44 years Avg Age

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