Stockbroking Dealer ANZSCO Code 222213
Group B
A stockbroking dealer is a financial advisor who initiates trades on behalf of customers. They play a crucial role in the financial markets by facilitating transactions and providing services such as investment advice, market research, and portfolio management.
Occupation Descriptions
A stockbroking dealer is a professional who buys and sells securities, such as stocks and bonds, on behalf of clients.
Occupations considered suitable under this ANZSCO code:
- Trading Floor Operator (Stock Exchange)
- Share Broker
- Stockbroker
Occupations not considered suitable under this ANZSCO code:
- Financial Market Dealer
- Futures Trader
- Financial Dealers nec
- Financial Investment Adviser
- Financial Investment Manager
- Commodities Trader
- Finance Broker
- Insurance Broker
- Finance Managers
- Accountants
These roles are categorized differently in ANZSCO or need to meet the required skill level.
Stockbroking Dealer is a VETASSESS Group B occupation.
A qualification deemed equivalent to or higher than the educational requirements of an Australian Qualifications Framework (AQF) Bachelor’s degree is required for this position.
Applicants can fulfill the assessment criteria for this occupation in four different ways.
Extra credentials in a very relevant subject of study are equivalent to the following levels:
- AQF Diploma
- AQF Advanced Diploma
- AQF Associate Degree
- or AQF Graduate Diploma
Those with a bachelor’s degree or above comprise:
- AQF Master’s Degree or
- AQF Doctoral Degree
a minimum of 20 hours per week of highly relevant paid job
1-3 minimum years of work in a highly relevant position for the specified field, finished in the five years before the application date for a skills assessment, at the required competence level.
Four minimum years of relevant work experience are needed; these can be broken down into three years of relevant work (which can be completed outside of the last five years) and at least one year of highly relevant work completed within the five years before the application.
An applicant must have at least one year of highly relevant work at a suitable skill level within the last five years if employment occurs before the attainment of the certification at the requisite level. The final five years of the pre-qualification period could fall within the previous ten years.
A favorable evaluation of the degree of qualification and length of employment is necessary for a favorable conclusion of the Skills Assessment.
Qualification and Employment Criteria
Qualification
AQF Bachelor’s degree or above in education.
This encompasses qualifications evaluated at the AQF Bachelor, Master, and Doctoral levels. Majors in Mathematics, Statistics, Physics, Engineering, and ICT may qualify for a Full Skills Assessment if the employment is deemed highly relevant and the field of study is pertinent to the applicant’s role.
HIGHLY RELEVANT MAJOR FIELDS OF STUDY INCLUDE:
- Finance
- Business
- Commerce
- Accounting
- Economics
- Actuarial Studies
Employment
Very relevant tasks include, but are not restricted to:
- Acquiring data on stocks, market dynamics, governmental laws, and customer financial situations.
- Analyzing information from stock quote viewer screens, financial magazines, and securities reports.
- Evaluating financial markets and their associated goods.
- Supplying data and guidance on issues pertaining to the financial markets, the state of the economy, and the background and prospects of businesses.
- Carrying out purchase and sell orders for customers in the marketplace.
- Providing clients with trade data, including the number of contracts purchased and sold, as well as the prices.
- Logging and sending orders for purchases and sales.
- Figuring out and documenting transaction expenses.
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Employment information
Stockbrokers are financial advisors who perform transactions for their clients involving stocks and securities. The majority of stockbrokers are employed by brokerage companies and manage transactions for individual as well as institutional clients. Although compensation methods vary, it is common for them to be paid by commission. Stockbrokers usually operate in a regulated environment and need to be licensed or registered.
Instead of executing buy and sell orders on behalf of clients in the marketplace, roles that focus primarily on ongoing processing and transaction support could be more useful.
Supporting material for assessment
When applying for a skill assessment, please ensure you have enough documentation to support your employment claims, qualifications and proof of identity. In the section “Eligibility Criteria” of the VETASSESS site, you will find all the required paperwork.
Even though the VETASSESS Skills Assessment is not the same as an assessment for registration or licensing, it is still recommended that you submit any licenses applicable, including those acquired abroad.
You should provide proof of membership in any industry or professional association, along with copies of any relevant awards, certificates, or commendations.
Include any training or professional development you have completed. You can include these details in your Curriculum Vitae/Resume.
How to apply
If you’re a professional considering moving to Australia, there’s a good chance you’ll need to undergo assessment by us. We evaluate 360 different professional occupations, assessing your skills, experience, and qualifications.
1. Find
Find the VETASSESS occupation that best matches your abilities and experience.
2. Match
Match your skills and experience to your chosen occupation.
3. Prepare
Get ready to apply by preparing all the information and documents you need.
4. Apply
Apply online when you’re ready. If you’re still unsure, skills assessment support is available when you need it.