Broker Financial

Financial Brokers act on behalf of their clients to source loans, organise insurance and arrange other financial market transactions and commodities trading.

Duties and tasks

  • Analyse and recommend appropriate products for clients
  • Classify clients financial position and discuss financial plans
  • Facilitate the broking of commercial and equipment finance, project finance, commercial leases and finance for property developers
  • Identify clients financial and/or insurance needs
  • Liaise with banks, financiers, insurance companies and lenders to organise finance, loans and insurance for clients
  • Observe commodities prices and market trends and negotiate on behalf of clients
  • Organise relevant documentation
  • Provide detailed information to clients including product terms and conditions and potential risks
  • Research relevant finance and insurance products including home loans, commercial loans, car loans, insurance, investments and commodities

Skills required

  • Ability to Work Under Pressure to Tight Deadlines
  • Business Acumen
  • Good Mathematical Skills
  • Problem Solving
  • Relationship Management Skills
  • Strong Communication and Negotiation

Working conditions

Financial Brokers typically work in an indoor office environment and sometimes at the stock exchange. However, they are also required to travel to client meetings and conferences. Financial Brokers often need to work evenings and weekends depending on when their clients are available to meet with them.

Professional associations / Industry information

Australian Financial Markets Association

Australian Securities and Investments Commission

Finance Sector Union (National Office)

Financial Services Institute of Australia

Related jobs and job titles

  • Accountant
  • Commodities Trader
  • Financial Planner
  • Financial Trader
  • Insurance Agent
  • Investment Banker
  • Mortgage Broker
  • Stockbroker

Related degrees

Related subjects