Futures Trader – ANZSCO 222212
- Futures Trader buys and sells commodity futures on behalf of clients. Registration or licensing is required.
- Skill Level
- 1
Skills Assessment Requirement
Unless you are exempt in very limited circumstances, you are required to have a positive Skills Assessment to apply for the visas listed above.
Skills Assessment authority for Futures Trader is Vocational & Education Training Assessment (VETASSESS). To have a positive skills assessment, you must meet the following criteria:
- Qualification assessed at AQF Bachelor degree or higher 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 assessed at AQF Bachelor degree or higher WITH an additional qualification at AQF Diploma level in 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
- Qualification assessed at AQF Bachelor degree or higher WITHOUT a highly relevant field of study AND at least three years of post-qualification highly relevant employment at an appropriate skill level in the last five years
- Applicants must meet both the qualification and employment requirements to obtain a positive skills assessment
- Highly relevant fields of study include:
- Finance
- Business
- Commerce
- Accounting
- Economics
- Actuarial Studies
Potential Visa Pathways for Future Trader
| ANZSCO | Occupation | Skills Assessment | 189 | 190 | 485 (Graduate Work) | 491 (State) | 491 (Family) | 186 (Direct) | 407 (Training) | 494 (regional Sponsored) | 482 (TSS Medium Term) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 222212 | Future Trader | VETASSESS | x | x | x | x | x | x | x | √ | x |
Group: 2222 Financial Dealers
- Description
- Conduct financial market transactions on behalf of clients.
- Tasks
-
- 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 market place on behalf of clients
- Relaying trade information to clients such as the number of contracts bought and sold and the price
- Monitoring futures prices and market changes, and bidding for commodity futures contracts
- Recording and transmitting buy and sell orders
- Calculating and recording costs of transactions
- Skill Level
- Most occupations in this unit group have a level of skill commensurate with a bachelor degree or higher qualification. At least five years of relevant experience may substitute for the formal qualification. In some instances relevant experience and/or on-the-job training may be required in addition to the formal qualification (ANZSCO Skill Level 1).
Registration or licensing may be required.
- Occupations in this Group
-
- 222211 Financial Market Dealer
- 222212 Futures Trader
- 222213 Stockbroking Dealer
- 222299 Financial Dealers nec
Subclass 494 visa – Skilled Sponsored Regional (Provisional) visa
You can apply for subclass 494 if you have a regional employer who is willing to sponsor you. To be eligible for this visa, you must have at least 3 years of working experience in your nominated occupation and have a relevant skills assessment. With this visa, there is a requirement that you must work for the employer who is sponsoring you.
This visa provides pathway to permanent residency through the 191 visa.
Experience
At least 3 years full-time work experience in the nominated occupation.
English
Must have at least Competent English, i.e., IELTS 6.0 or equivalent.
Be Sponsored
Must be sponsored by an Australian regional employer.
Skills assessment
Must have a positive skills assessment.
Location
Must live and work in regional areas in Australia.
Job Outlook
Book a consultation with our Registered Migration Agents in Melbourne to find out more about your visa options and your path to Australian permanent residency or applying for citizenship.
