Operates as an independent agent to bring together buyers and sellers of commodities, negotiates private sales and arranges sales through established market places.
Tasks & Responsibilities
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
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
Alternative Titles
• Commodities Broker
Assessment Documents
Qualifications
Employment references
CV
Passport
English test
Check VETASSESS website for current requirements.
Commodities Trader (ANZSCO 222111) | Australian Occupation Guide