| Occupation Title | FINANCE BROKER |
| ANZSCO Code | 222112 |
| Occupations in this Group | 222111 Commodities Trader 222112 Finance Broker 222113 Insurance Broker 222199 Financial Brokers nec |
| Description | 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. |
| Skill Level | 2 |
| Specialisation | Lease Broker Mortgage Broker |
| Occupation List | Short-term Skilled Occupation List (STSOL) |
| Combined list of eligible skilled occupations for subclasses 457 and 186 | |
| Tasks | -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 Authority | VETASSESS |
| Related Occupations | 222111 Commodities Trader 222113 Insurance Broker 222199 Financial Brokers nec |
| State Sponsorship Options | Skilled Nominated visa (subclass 190) Sponsorship |
| Skilled Regional (Provisional) visa (subclass 489) Sponsorship | |
| English Requirements | Competent English (e.g. IELTS: at least 6 in each skill) |