222111: Commodities Trader
Skill Level: 2
Assessing Authority: VETASSESS
Visa Options – ANZSCO 222111
Visa Type | Eligibility | MLTSSL | STSOL | ROL |
---|---|---|---|---|
Subclass 189 (Skilled Independent) | ![]() | - | - | - |
Subclass 190 (Skilled Nominated) | ![]() | - | ![]() | - |
Subclass 491 (State/Territory nominated) | ![]() | - | ![]() | - |
Subclass 491 (NOT nominated by State/Territory) | ![]() | - | - | - |
Subclass 485 (Graduate) | ![]() | - | - | - |
Subclass 482 (TSS) | ![]() | - | ![]() | - |
Subclass 186 (ENS) | ![]() | - | - | - |
Subclass 187 (RSMS) | ![]() | - | ![]() | - |
Subclass 407 (Training) | ![]() | - | ![]() | - |
State Eligibility Summary Table – ANZSCO 222111
222111: Commodities Trader
Description
Operates as an independent agent to bring together buyers and sellers of commodities, negotiates private sales and arranges sales through established market places.
Skill Level
Occupations at Skill Level 2 have a level of skill commensurate with one of the following:
– NZ Register Diploma or
– AQF Associate Degree, Advanced Diploma or Diploma.
At least three years of relevant experience may substitute for the formal qualifications listed above. In some instances relevant experience and/or on-the-job training may be required in addition to the formal qualification.
Specialization
- Energy Trader
- Grain Buyer
- Livestock Trader
- Media Buyer
- Wool Broker
Specialization titles are any commonly used titles which refer to a subset of jobs belonging to the occupation designated in the principal title. These jobs involve the performance of specialised tasks rather than the broader range of tasks usually performed in the occupation.
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
Assessing Authority
“Currently there is no known caveats applicable to this occupation”. Refer to Department of Home Affairs website for updated list.