
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
QUALIFICATIONS
An Associate Degree, Advanced Diploma or Diploma, or at least 3 years of relevant experience is usually needed. Many Financial Brokers have a university degree. Sometimes experience or on-the-job training is needed in addition to a qualification. Registration or licensing may also be required.
Tertiary Education Providers
NSW
University of Technology Sydney
Avondale College of Higher Education
Victoria
Australian Catholic University
Swinburne University of Technology
South Australia
The University of South Australia
Tabor College of Higher Education
Western Australia
The University of Western Australia
Tasmania
Queensland
The University of Southern Queensland
The University of the Sunshine Coast
Queensland University of Technology
Australian Capital Territory
Australian National University
Northern Territory
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