Commodity Trader

Job Titles

• Commodities Trader or Commodities Broker
• Finance Broker
• Insurance Broker
• Other Financial Brokers

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