United States
3532- BROKERS
Job Title:
BROKERS
Alternate Titles:
Foreign exchange dealer,Insurance broker,Investment administrator,Stockbroker,Trader (stock exchange)
Job Description:
Brokers deal in commodities, stocks, shares and foreign exchange on behalf of clients or on own account, broker insurance and reinsurance, and buy and sell shipping and freight space.
Education:
There are no formal academic requirements although many employers require entrants to possess a degree or equivalent qualification. Training is typically undertaken in-house, although entrants may attend courses run by professional institutions. Registration with a regulatory authority may be required in some positions.
Refer The S/NVQ framework for more details
NS-SEC:
The simplified NS-SEC analytic class for this code is 1.2
The simplified NS-SEC operational category for this code is 3.2
Refer The National Statistics Socio-economic Classification for more details
Tasks:
- advises client on the suitability of particular insurance schemes and places insurance on behalf of client;
- discusses buying and or selling requirements of client and gives advice accordingly;
- analyses information concerning market trends for commodities, financial assets and foreign exchange and advises client and employer on the suitability of a particular investment;
- records and transmits buy and sell orders for stocks, shares and bonds and calculates transaction costs;
- provides independent advice on the suitability of insurance schemes and places insurance on behalf of client;
- arranges for the production of auction catalogues, fixes reserve prices, attends auction and bids on behalf of client, or negotiates purchase/sale by private treaty of goods not sold at auction;
- obtains cargo space, fixes freight charges and signs and issues bills of loading;
- collects freight charges from client and undertakes all necessary formalities concerning customs and the loading/unloading of cargo.
International Careers(ISCO):
Similar O*NET Careers (USA) :
Source Of Info:
