Skill Level: 1 | Assessing Authority: VETASSESS (Group: B)
Job description
Buys and sells securities within financial markets, and trades and distributes financial securities on behalf of financial institutions. Registration or licensing is required.
Alternative Title:
- Money Market Dealer
Specialisations:
- Derivatives Trader
- Fixed Interest Dealer
- Foreign Exchange Dealer
- Securities Dealer
Job Duties
Highly relevant tasks include, but are not limited to:
- Obtaining information on securities, market conditions, government regulations and financial circumstances of clients
- Interpreting data from securities reports, financial periodicals, and stock-quotation viewer screens
- Analysing financial markets and financial market products
- Providing information and offering advice on financial market matters, market conditions and the history and prospects of corporations
- Executing buy and sell orders in the marketplace on behalf of clients
- Recording and transmitting buy and sell orders
- Calculating and recording costs of transactions
Qualification
AQF Diploma or higher qualification. This includes qualifications assessed at AQF Advanced Diploma, Associate Degree, Bachelor, Master and Doctoral level.
Highly relevant major fields of study include:
- Finance,
- Business,
- Commerce,
- Accounting,
- Economics, and
- Actuarial Studies. Majors in Mathematics, Statistics, Physics, Engineering
Occupations considered suitable under this ANZSCO code:
- » Derivatives Trader
- » Fixed Interest Dealer
- » Foreign Exchange Dealer
- » Securities Dealer
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 assessed at an Australian Qualifications Framework (AQF) bachelor’s degree or higher degree highly relevant field of study, and
- at least one (1) year of post qualification highly relevant employment at an appropriate skill level in the last five years.
OR
- Qualification assessed at an Australian Qualifications Framework (AQF) bachelor’s degree or higher degree with an additional qualification at least Australian Qualifications Framework (AQF) Diploma level in a highly relevant field of study, and
- at least two (2) years of post-qualification highly relevant employment at an appropriate skill level in the last five years.
OR
- Qualification assessed at an Australian Qualifications Framework (AQF) bachelor’s degree or higher degree without highly relevant field of study, and
- at least three (3) 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 bachelor's degree level, and
- five (5) years of highly relevant employment in addition to at least one (1) 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 |
