Oher Financial Dealers

ANZSCO ID 222299

Overview

Snapshot

Employed
10,400
Future Growth
N/A
Weekly Earnings
N/A
Full-Time Share
92%
Female Share
38%
Average age
37

Summary

Other Financial Dealers includes jobs like Equities Analyst.

Tasks

  • Obtains information on market conditions, government regulations and financial circumstances of clients.

  • Interprets data from securities reports, financial periodicals and stock-quotation viewer screens.

  • Analyses financial markets and financial market products.

  • Provides information and offers advice on financial market matters, market conditions and the history and prospects of corporations.

  • Executes buy and sell orders in the market place on behalf of clients.

Characteristics

Job Type
Professionals
Skill Level
Very high skill
ANZSCO Occupation group
Unemployment Rate
n/a
Industries
Pathway(s)
  • University
  • Vocational Education and Training (VET)
  • Informal or on-the-job
Interests
  • Analytical
  • Administrative
  • Enterprising
Physical Demand
  • Sedentary

Outlook

Employment Outlook

JSA produces employment projections to show where likely future job opportunities may be. Employment projections data are only produced for occupations at the broad four digit Australian and New Zealand Standard Classification of Occupations (ANZSCO) level. While data are not available for this occupation, projections data are available for the parent occupation, Financial Dealers, under the outlook section.


Earnings and hours

Working arrangements

  • Around 92% of people employed as Oher Financial Dealers work full-time hours, in all their jobs combined. This is 26 percentage points above the all jobs average (66%).

    Full-time workers work an average of 45 hours per week in their main job. This is similar to the all jobs average (44 hours per week).

    Sources:Full-time share and full-time hours: ABS, 2016 Census, customised report. Compared to the all jobs average.


Industries

Main industries

1
Financial and Insurance Services
83.4%
2
Public Administration and Safety
3.3%
3
Professional, Scientific and Technical Services
2.3%
4
Accommodation and Food Services
1.6%
5
Other industries
8.2%

Regions

Employment across Australia

NSW

39.8% All occupations: 31.6%

VIC

30.0% All occupations: 25.6%

QLD

12.1% All occupations: 20.0%

SA

5.8% All occupations: 7.0%

WA

8.3% All occupations: 10.8%

TAS

1.0% All occupations: 2.0%

NT

0.6% All occupations: 1.0%

ACT

2.4% All occupations: 1.9%

Employment by State and Territory (% Share)

State Oher Financial Dealers All Jobs Average
NSW 39.8 31.6
VIC 30.0 25.6
QLD 12.1 20.0
SA 5.8 7.0
WA 8.3 10.8
TAS 1.0 2.0
NT 0.6 1.0
ACT 2.4 1.9



Worker profile

Age and gender

Age In Years
37
All Jobs Average is 40
Female Share
38%
All Jobs Average is 48%
  • The median age of Other Financial Dealers is 37 years. This is similar to the all jobs average of 40 years.

    A large share of workers are aged 25 to 34 years.

    Females make up 38% of the workforce. This is 10 percentage points below the all jobs average of 48%.

    Source: Based on ABS Census 2016, Customised Report. Age profile and gender share compared to the all jobs average.

Age Profile (% Share)

Source: Based on ABS Census 2016, Customised Report. Age profile of workers in this job compared to the all jobs average.
Age Bracket Oher Financial Dealers All Jobs Average
15-19 0.1 5.0
20-24 4.4 9.3
25-34 35.0 22.9
35-44 31.2 22.0
45-54 20.7 21.6
55-59 5.3 9.0
60-64 2.2 6.0
65 and Over 0.9 4.2
Median Age 37 40

Source: Based on ABS Census 2016, Customised Report. Age profile of workers in this job compared to the all jobs average.


Employment Pathways

Education, training and experience

A university degree in commerce, finance, accounting, economics or actuarial science is usually needed to work as an Other Financial Dealer. Some workers have a Vocational Education and Training (VET) qualification.

Registration or licencing may be required.

Visit

  • Course Seeker to search and compare higher education courses.
  • ComparED to compare undergraduate and postgraduate student experiences and outcomes.
  • My Skills to compare Vocational Education and Training (VET) courses, providers and student outcomes.
  • AAPathways website to explore Financial Services VET training pathways.

Highest Level of Education (% Share)

Source: ABS Census 2016, Customised Report. Highest qualification completed by workers in this job (in any field of study). Qualifications needed by new workers might be different from the qualifications of workers already in the job.
Type of Qualification Oher Financial Dealers All Jobs Average
Post Graduate/Graduate Diploma or Graduate Certificate 22.1 10.1
Bachelor degree 43.0 21.8
Advanced Diploma/Diploma 11.5 11.6
Certificate III/IV 4.4 21.1
Year 12 14.8 18.1
Year 11 2.2 4.8
Year 10 and below 2.0 12.5

Source: ABS Census 2016, Customised Report. Highest qualification completed by workers in this job (in any field of study). Qualifications needed by new workers might be different from the qualifications of workers already in the job.


Skills and Knowledge

Employers look for Financial Dealers who provide good customer service and who have strong interpersonal skills.

Skills

Skills can be improved through training or experience.

  • 59%

    Critical thinking

    Thinking about the pros and cons of different ways to solve a problem.

  • 59%

    Mathematics

    Using maths to solve problems.

  • 59%

    Reading comprehension

    Reading work related information.

  • 59%

    Writing

    Writing things for co-workers or customers.

  • 55%

    Active listening

    Listening to others, not interrupting, and asking good questions.

  • 55%

    Active learning

    Being able to use what you have learnt to solve problems now and again in the future.

  • 54%

    Speaking

    Talking to others.

  • 54%

    Judgment and decision making

    Figuring out the pros and cons of different options and choosing the best one.

  • 54%

    Systems evaluation

    Measuring how well a system is working and how to improve it.

  • 52%

    Complex problem solving

    Noticing a problem and figuring out the best way to solve it.

  • 52%

    Monitoring

    Keeping track of how well work is progressing so you can make changes or improvements.

  • 52%

    Systems analysis

    Figuring out how a system should work and how changes in conditions, operations, and the environment will affect it.

  • 46%

    Persuasion

    Talking people into changing their minds or their behaviour.

  • 41%

    Social perceptiveness

    Understanding why people react the way they do.

  • 39%

    Time management

    Managing your own and other peoples' time to get work done.

  • 39%

    Learning strategies

    Figuring out the best way to teach or learn something new.

  • 36%

    Coordination with others

    Being adaptable and coordinating work with other people.

  • 34%

    Instructing

    Teaching people how to do something.

  • 34%

    Negotiation

    Bringing people together and trying to sort out their differences.

  • 34%

    Serving others

    Looking for ways to help people.


Knowledge

These are important topics, subjects or knowledge areas.

  • 83%

    Economics and accounting

    Economics and accounting, the financial markets, banking and checking and reporting of financial data.

  • 82%

    Mathematics

    Arithmetic, algebra, geometry, calculus, or statistics.

  • 74%

    English language

    English language including the meaning and spelling of words, rules of composition, and grammar.

  • 68%

    Computers and electronics

    Circuit boards, processors, chips, electronic equipment, and computer hardware and software, including applications and programming.

  • 64%

    Administration and management

    Business principles involved in strategic planning, leadership, and coordinating people and resources.

  • 60%

    Customer and personal service

    Understanding customer needs, providing good quality service, and measuring customer satisfaction.

  • 58%

    Sales and marketing

    Showing, promoting, and selling including marketing strategy, product demonstration, sales techniques, and sales control systems.

  • 51%

    Education and training

    Curriculum and training design, teaching and instruction for individuals and groups, and the measurement of training effects.

  • 50%

    Law and government

    How our laws and courts work. Government rules and regulations, and the political system.

  • 48%

    Clerical

    Word processing, managing files and records, stenography and transcription, designing forms, and other office work.

  • 46%

    Geography

    Describing land, sea, and air, including their physical characteristics, locations, how they work together, and the location of plant, animal, and human life.

  • 43%

    Communications and media

    Media production, communication, and dissemination. Includes written, spoken, and visual media.

  • 41%

    Psychology

    Human behaviour; differences in ability, personality, and interests; learning and motivation; research methods; assessing and treating disorders.

  • 40%

    Sociology and anthropology

    Group behaviour and dynamics, societal trends and influences, human migrations, ethnicity, cultures and their history and origins.

  • 38%

    Personnel and human resources

    Recruiting and training people, managing pay and other entitlements (like sick leave), and negotiating pay and conditions.

  • 30%

    Production and processing

    Raw materials, production processes, quality control, costs, and ways of making and distributing goods.

  • 24%

    Engineering and technology

    Use engineering, science and technology to design and produce goods and services.

  • 24%

    Transportation

    Moving people or goods by air, rail, sea, or road.

  • 20%

    Telecommunications

    Transmission, broadcasting, switching, control, and operation of telecommunications systems.

  • 9%

    Building and construction

    Materials, and methods used to construct or repair houses, buildings, or other structures like highways and roads.


Abilities

Workers use these physical and mental abilities..

  • 64%

    Written comprehension

    Read and understand written information.

  • 63%

    Deductive reasoning

    Use general rules to find answers or solve problems logically.

  • 63%

    Oral comprehension

    Listen to and understand what people say.

  • 63%

    Oral expression

    Communicate by speaking.

  • 59%

    Near vision

    See details that are up-close (within a few feet).

  • 59%

    Written expression

    Write in a way that people can understand.

  • 57%

    Working with numbers

    Add, subtract, multiply, or divide.

  • 57%

    Problem spotting

    Notice when something is wrong or is likely to go wrong, even if you can't solve the problem.

  • 55%

    Inductive reasoning

    Use lots of detailed information to come up with answers or make general rules.

  • 55%

    Mathematics

    Choose the right maths method or formula to solve a problem.

  • 52%

    Sorting or ordering

    Order or arrange things in a pattern or sequence (e.g., numbers, letters, words, pictures, mathematical operations).

  • 50%

    Categorising

    Come up with different ways of grouping things.

  • 50%

    Speech clarity

    Speak clearly so others can understand you.

  • 50%

    Brainstorming

    Come up with a number of ideas about a topic, even if the ideas aren't very good.

  • 50%

    Flexibility of closure

    See a pattern (a figure, object, word, or sound) hidden in other distracting material.

  • 48%

    Speech recognition

    Identify and understand the speech of another person.

  • 45%

    Originality

    Come up with unusual or clever ideas, or creative ways to solve a problem.

  • 43%

    Selective attention

    Pay attention to something without being distracted.

  • 37%

    Speed of recognition

    Quickly make sense of and organize things you can see like letters, numbers, pictures, or other things.

  • 34%

    Perceptual speed

    Use your eyes to quickly compare groups of letters, numbers, pictures, or other things.


Activities

These are kinds of activities workers regularly do in this job.

  • 84%

    Researching and investigating

    Looking for, getting and understanding different kinds of information.

  • 84%

    Making sense of information and ideas

    Looking at, working with, and understanding data or information.

  • 79%

    Collecting and organising information

    Compiling, coding, categorizing, calculating, tabulating, auditing, or checking information or data.

  • 78%

    Looking for changes over time

    Comparing objects, actions, or events. Looking for differences between them or changes over time.

  • 76%

    Thinking creatively

    Using your own ideas for developing, designing, or creating something new.

  • 75%

    Checking compliance with standards

    Deciding whether events or processes comply with laws, regulations, or standards.

  • 74%

    Making decisions and solving problems

    Using information to work out the best solution and solve problems.

  • 73%

    Monitoring people, processes and things

    Checking objects, actions, or events, and keeping an eye out for problems.

  • 71%

    Planning and prioritising work

    Deciding on goals and putting together a detailed plan to get the work done.

  • 70%

    Building good relationships

    Building good working relationships and keeping them over time.

  • 70%

    Keeping your knowledge up-to-date

    Keeping up-to-date with technology and new ideas.

  • 68%

    Communicating within a team

    Giving information to co-workers by telephone, in writing, or in person.

  • 67%

    Estimating amounts, costs and resources

    Working out sizes, distances, amounts, time, costs, resources, or materials needed for a task.

  • 59%

    Assessing and evaluating things

    Working out the value, importance, or quality of things, services or people.

  • 58%

    Working with computers

    Using computers to program, write software, set up functions, enter data, or process information.

  • 52%

    Explaining things to people

    Helping people to understand and use information.

  • 52%

    Communicating with the public

    Giving information to the public, business or government by telephone, in writing, or in person.

  • 52%

    Checking for errors or defects

    Inspecting equipment, structures, or materials for errors, problems or defects.

  • 51%

    Coming up with systems and processes

    Deciding on goals and figuring out what you need to do to achieve them.

  • 49%

    Documenting or recording information

    Entering, transcribing, recording, storing, or maintaining information in written or electronic/magnetic form.


Interests and demands

Learn about the daily activities, and physical and social demands faced by workers. Explore the values and work styles that workers rate as most important.

Interests

Interests are the style or type of work we prefer to do. All interest areas are shown below.

  • 95%

    Administrative

    Following set procedures and routines. Working with numbers and details more than with ideas, usually following rules.

  • 81%

    Analytical

    Ideas and thinking. Searching for facts and figuring out problems in your head.

  • 71%

    Enterprising

    Starting up and carrying out projects. Leading people and making many decisions. Sometimes require risk taking and often deal with business.

  • 38%

    Practical

    Practical, hands-on work. Often with plants and animals, or materials like wood, tools, and machinery.

  • 33%

    Creative

    Working with forms, designs and patterns. Often need self-expression and can be done without following rules.

  • 14%

    Helping

    Working with people. Helping or providing service to others.


Values

Work values are important to a person’s feeling of satisfaction. All six values are shown below.
  • 81%

    Achievement

    Results oriented. Workers are able to use their strongest abilities, giving them a feeling of accomplishment.

  • 76%

    Recognition

    Advancement and the potential to lead. Workers are recognised for the work that they do, they may give directions and instructions to others, and they are looked up to in their company and their community.

  • 71%

    Independence

    Work alone and make decisions. Workers are able to try out their own ideas, make decisions on their own, and work with little or no supervision.

  • 64%

    Working conditions

    Job security and good working conditions. There is usually a steady flow of interesting work, and the pay and conditions are generally good.

  • 62%

    Relationships

    Serve and work with others. Workers usually get along well with each other, do things to help other people, and are rarely pressured to do things that go against their sense of right and wrong.

  • 52%

    Support

    Supportive management that stands behind employees. Workers are treated fairly by their company, they are supported by management, and have supervisors who train them well.


Demands

The physical and social demands that workers face most often are shown below:
  • 99%

    Electronic mail

    Use electronic mail.

  • 99%

    Telephone

    Talk on the telephone.

  • 95%

    Face-to-face discussions

    Talk with people face-to-face.

  • 93%

    Spend time sitting

    Spend time sitting at work.

  • 90%

    Indoors, heat controlled

    Work indoors with access to heating or cooling.

  • 87%

    Being exact or accurate

    Be very exact or highly accurate.

  • 86%

    Contact with people

    Have contact with people by telephone, face-to-face, or any other way.

  • 85%

    Unstructured work

    Have freedom to decide on tasks, priorities, and goals.

  • 82%

    Teamwork

    Work with people in a group or team.

  • 82%

    Time pressure

    Work to strict deadlines.

  • 81%

    Competition

    Compete with others, or be aware of competitive pressures.

  • 78%

    Freedom to make decisions

    Have freedom to make decision on your own.

  • 77%

    Impact of decisions

    Make decisions that have a large impact on other people.

  • 77%

    Letters and memos

    Write letters and memos.

  • 74%

    Frequent decision making

    Frequently make decisions that impact other people.

  • 69%

    Repeating same tasks

    Repeat the same tasks or activities (e.g., key entry) over and over, without stopping.

  • 67%

    Contact with the public

    Work with customers or the public.

  • 63%

    Public speaking

    Talk to a group of people.

  • 62%

    Consequence of error

    Work where mistakes have serious consequences.

  • 58%

    Physically close to people

    Work physically close to other people.

Occupational Information Network
O*NET is a trademark of the U.S. Department of Labor, Employment and Training Administration.
The skills and importance ratings on this page are derived from the US Department of Labor O*NET Database Version 21.2, 13-2051.00 - Financial Analysts.


Links and downloads

Back to top