A Financial Market Dealer buys and sells securities within financial markets, and trades and distributes financial securities on behalf of financial institutions.
Occupation description
A Financial Market Dealer buys and sells securities within financial markets, and trades and distributes financial securities on behalf of financial institutions.
Alternative Title:
- Money Market Dealer
Occupations considered suitable under this ANZSCO code:
- Derivatives Trader
- Fixed Interest Dealer
- Foreign Exchange Dealer
- Securities Dealer
Occupations not considered suitable under this ANZSCO code:
- Futures Trader
- Stockbroking Dealer
- Financial Investment Adviser
- Financial Investment Manager
- Commodities Trader
- Finance Broker
- Insurance Broker
- Finance Manager
- Accountants
These occupations are classified elsewhere in ANZSCO or are not at the required skill level
Financial Market Dealer is a VETASSESS Group B occupation
This occupation requires a qualification assessed as comparable to the educational level of an Australian Qualifications Framework (AQF) Bachelor degree or higher.
Applicants can fulfil the assessment criteria for this occupation in four different ways.
Additional qualifications in a highly relevant field of study include those comparable to the following levels:
- AQF Diploma
- AQF Advanced Diploma
- AQF Associate Degree
- or AQF Graduate Diploma
*** Bachelor degree or higher degree includes:
- AQF Master Degree or
- AQF Doctoral Degree
** Highly relevant paid employment duration (20 hours or more per week)
1-3 minimum years of employment highly relevant to the nominated occupation, completed at an appropriate skill level in the five years before the date of application for a Skills Assessment.
4 minimum 4 years of relevant employment required – three years of relevant employment (can be outside the last 5-year period) in addition to at least one year of highly relevant employment within the last five years before applying.
*If employment is prior to the completion of the qualification at the required level, an applicant must have at least one year of highly relevant employment at an appropriate skill level within the last five years. The remaining five years of pre-qualifying period may be within the last ten years.
A positive assessment of both qualification level and employment duration is required for a positive Skills Assessment outcome.
Qualification and Employment Criteria
Employment
Highly relevant tasks include, but are not limited to:
- 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.
- Recording and transmitting buy and sell orders.
- Calculating and recording costs of transactions.
Employment information
Financial Market Dealers are expected to be performing transactions within a regulated market and may require a licence or registration, depending on the specific role.
Roles primarily focused on ongoing processing and transaction support, rather than executing buy and sell orders in the marketplace on behalf of clients, are not considered highly relevant.
Supporting material for assessment
When applying for a Skills Assessment, please ensure you submit sufficient evidence supporting your proof of identity, qualification and employment claims. A full list of the documents required can be found on the VETASSESS website under Eligibility Criteria.
While the VETASSESS Skills Assessment for migration purposes is distinct from an assessment for licensing or registration purposes, you are advised to provide copies of relevant licences (including from overseas) if held.
You are also further encouraged to provide evidence of membership of or affiliation to industry or professional bodies and copies of any relevant prizes, certificates or other forms of commendation.
You should also provide details of any relevant training or professional development courses undertaken. These may be detailed in the Curriculum Vitae/ Resume provided.
Get Support
Help with a Skills Assessment
Skills Assessment Support (SAS) services are for migration agents, legal practitioners and prospective applicants who are yet to submit their Skills Assessment application to VETASSESS.
Help with an urgent application
For general and professional occupations, priority processing can be used to fast-track urgent applications
How to apply
If you're a professional choosing to migrate to Australia, chances are you're likely to be assessed by us. We assess 360 different professional occupations, assessing your skills, experience and qualifications.
Find
Find the VETASSESS occupation that most closely fits your skills and experience.
Match
Match your skills and experience to your chosen occupation.
Prepare
Get ready to apply by preparing all the information and documents you need.
Apply
Apply online when you’re ready. If you’re still unsure, skills assessment support is available when you need it.