Finance Broker Skill Assessment
Occupation Code
222112List
STSOL
Descriptions
Operates as an independent agent in the course of financial negotiations and arranges loans of money on behalf of clients. Registration or licensing is required.
Job Description
- 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
Types of visas you can apply for
Common visa types
Skilled Nominated visa(subclass 190)
Skilled Work Regional (Provisional) visa (subclass 491)
Temporary Skill Shortage visa (subclass 482)
Training visa (subclass 407)
Other visa types
489 - Skilled Regional (Provisional) visa (subclass 489) - State or Territory nominated
187 - Regional Sponsor Migration Scheme (subclass 187)
494 - Skilled Employer Sponsored Regional (provisional) (subclass 494) - Employer sponsored stream
Skill Assessment
VETASSES group C
- Select a nominated occupation for assessment based on the purpose of your visa application;
- Through the VETASSESS online application system, fill in the form, deduct the fee, and upload the documents;
- Track the progress of your application and pay attention to its status;
- If additional documents are required, VETASSESS will send an email notification;
- After completing the skills assessment application, you can view the results and download the result letter in the VETASSESS online application system. A copy of the result letter will generally not be mailed to you unless you request it in the skills assessment application and pay the postage.
Work requirements
- 1. If the major is highly relevant, at least one year of relevant work experience after graduation in the past five years;
- 2. If the major of the specialist degree is not highly relevant to the nominated occupation, you need to have an Australian Level 4 certificate that is highly relevant to the nominated occupation, and at least one year of relevant work experience after graduation in the past five years;
- 3. If the major is not highly relevant, at least two years of relevant work experience after graduation within the past five years is required.
Academic requirements
College degree or above
- VETASSES
