Money Market Dealer Jobs in Australia
Money Market Dealer Description
ANZSCO CODE - 222211
| Major Group | 2 - Professionals |
| Sub-Major Group | 22 - Business, Human Resource and Marketing Professionals |
| Minor Group | 222 - Financial Brokers and Dealers, and Investment Advisers |
| Unit Group | 2222 - Financial Dealers |
Unit Group 2222: Financial Dealers
Financial Dealers conduct financial market transactions on behalf of clients.
Indicative Skill Level:
In Australia:
- Bachelor degree or higher qualification. At least five years of relevant experience may substitute for the formal qualification (ANZSCO Skill Level 1)
In New Zealand:
- NZQF Diploma, or at least three years of relevant experience (ANZSCO Skill Level 2)
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.
Tasks Include:
- obtaining information on securities, market conditions, government regulations and financial circumstances of clients
- interpreting data from securities reports, financial periodicals and stock-quotation viewer screens
- analysing financial markets and financial market products
- providing information and offering advice on financial market matters, market conditions and the history and prospects of corporations
- executing buy and sell orders in the market place on behalf of clients
- relaying trade information to clients such as the number of contracts bought and sold and the price
- monitoring futures prices and market changes, and bidding for commodity futures contracts
- recording and transmitting buy and sell orders
- calculating and recording costs of transactions
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