Financial Brokers nec Career Assessment
Occupation Code
222199List
STSOL
Descriptions
This occupation group covers Financial Brokers not elsewhere classified. Registration or licensing is required.
Job Description
- 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
Types of visas you can apply for
Common visa types
Skilled Nominated visa(subclass 190)
Skilled Work Regional (Provisional) visa (subclass 491)
Temporary Skill Shortage visa (subclass 482)
Training visa (subclass 407)
Other visa types
489 - Skilled Regional (Provisional) visa (subclass 489) - State or Territory nominated
187 - Regional Sponsor Migration Scheme (subclass 187)
494 - Skilled Employer Sponsored Regional (provisional) (subclass 494) - Employer sponsored stream
Skill Assessment
Skills Assessment Requirements
Applicants are required to have academic qualifications related to the nominated position PhD / Bachelor (including Honours Bachelor and Master) / Diploma completed in Australia / Australian Level 3 Certificate - AQFⅢ/Ⅳ compeleted in Australia 104 weeks of study time in Australia
Work requirements
Applicants are required to have: at least 52 weeks of post-graduation work experience in Australia related to the nominated position
A qualification assessed at least AQF Diploma level, with an additional qualification of at least AQF Certificate IV in a highly relevant field of study, and at least one year of post-qualification highly relevant work at an appropriate skill level in the past five years; or A qualification assessed at least AQF Diploma level but without a highly relevant field of study, and at least two years of post-qualification highly relevant work at an appropriate skill level in the past five years
Assessment Agency
- VETASSES