Skill Level: 2 | Assessing Authority: VETASSESS (Group: C)
Job description
Operates as an independent agent to bring together buyers and sellers of commodities, negotiates private sales and arranges sales through established marketplaces.
Alternative Title:
- Commodities Broker
Specialisations:
- Energy Trader
- Grain Buyer
- Livestock Trader
- Media Buyer
- Water Broker/Trader
- Wool Broker
Job Duties
- 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
Skills Assessment Criteria:
Please note in order to achieve a successful skills assessment outcome, a positive assessment for both qualifications and employment is required.
- Qualification(s) assessed at least AQF Diploma level with a highly relevant field of study and
- at least one year of post qualification highly relevant employment at an appropriate skill level in the last five years;
OR
- Qualification(s) assessed at least AQF Diploma level with an additional qualification at least AQF Certificate IV in a highly relevant field of study and
- at least one year of post-qualification highly relevant employment at an appropriate skill level in the last five years;
OR
- Qualification(s) assessed at least AQF Diploma level without a highly relevant field of study and
- at least two years of post-qualification highly relevant employment at an appropriate skill level in the last five years;
OR Pre-qualification
- if all of your employment is before your qualification assessed at the AQF Diploma level
- three years of highly relevant employment in addition to at least one year of highly relevant employment at an appropriate skill level in the last five years.
Skill Assessment Agency Services
Most of the evidence documentation required for your skills assessment is also required for your visa application. Ozlinks Education is an agency that can assist you in understanding and meeting the skill assessment criteria, giving you the best chance of a positive result. Click here to learn more about how our agency service can assist you.
Source from: vetassess.com.au
Documents Requirement
The following is a summary of the documentation list that you need in order to submit your application for the skill assessment. Please visit VETASSESS for a comprehensive list of all of the document requirements. Documents in a language other than English have to be translated by a professional translator first.
- Passport and passport photo
- Proof of identity, including a national ID or driver’s license
- qualification certificate and academic transcript.
- employment evidence, including an employment letter, payslips, tax return and superannuation.
Processing Time
The full skills assessment process for this occupation will take between 12 and 20 weeks from the date you submit and pay for the application to VETASSESS. The time it takes to finish depends on how quickly VETASSESS get all of the required documents and any other information from you. Making sure you've given all the necessary documents in the right format will help cut down on the time it takes to process.
What will I get after the assessment?
When your application for a skills assessment is done, the assessing authority will send you an email with a soft copy of the skills assessment outcome letter.
The letter should contain the required skill level outcome, whether your qualification is assessed as comparable to the education level of an Australian Qualifications Framework (AQF) or not. Furthermore, it outlines the employment period that you have claimed and whether the evidence that you provided is met or not. If you meet both the qualifications and employment criteria for the skill assessment, you will get a positive result. If you don't, you will get an unsuccessful result.
Application Fees
The following table provides an outline of the fees that are charged by VETASSESS in accordance with it for the purpose of their service of full skill assessments for professional occupations.
| Application Fees – Full Skills Assessment | |
| Applicant is a resident of Australia for tax purposes* (fee includes GST) | AUD $1058.20 |
| Applicant is NOT a resident of Australia for tax purposes*(fee excludes GST) | AUD $962.00 |
