Overview of this occupation
Financial Brokers operate as independent agents to facilitate the trading of commodities and arrange insurance and loans of money on behalf of clients.
What they do:
- Analyse business or financial data and information
- Assess financial status of others
- Authorise expenditures or other financial actions
- Collect deposits, fares, payments or fees
- Compute debt repayment schedules
- Develop financial or business plans
- Examine financial records or processes to monitor operations, identify improvements, or detect issues
- Gather financial records
- Issue money, credit or vouchers
- Obtain personal or financial information about clients, customers or applicants
- Prepare and submit financial applications
- Prepare financial documents or reports
- Verify accuracy of financial or transactional data and information
What technology tools they use:
- Accounting and financial management systems
- Customer relationship management (CRM) software
- Financial analysis software
- Financial and commodities services software
- Software development and programming languages
Source: Australian Skills Classification, job and Skills Australia, Commonwealth of Australia. Used under Creative Commons BY 4.0 licence and Jobs and Skills Australia, ABS Census 2016, Customised Report.
Quick facts
Financial Brokers
All employees nationwide 1
The number of people employed in an occupations as their main job across all Australian states.
Projected growth 2
The projected increase in employment in Australia from May 2023 to May 2028.
Working in NSW 3
The distribution of people employed in an occupation in NSW.
Median weekly earnings before tax 4
Earnings are before tax and include amounts salary sacrificed.
Median age of all workers 5
This shows the median age of all workers in this occupation.
Part-time workers 6
Those who usually work less than 35 hours per week.
See footnotes for source details and additional information.
Skills and knowledge
What are they good at?
This table lists skills and knowledge categories according to how relevant they are for this occupation.
High expertise | Intermediate |
|
|
|
|
Source: Australian Skills Classification, Jobs and Skills Australia, Commonwealth of Australia. Used under Creative Commons BY 4.0 licence.
Education and qualifications
Financial Brokers – Skill level 2
Occupations at Skill Level 2 have a level of skill commensurate with one of the following:
- AQF Associate degree, Advanced Diploma or Diploma
At least three years of relevant experience many substitute for the formal qualifications listed above.
Source: Conceptual basis of ANZSCO, ABS Survey, Release Nov 2021.
Qualifications in this workforce
This table shows the distribution of employment by highest qualification completed (in any field of study).7
Year 12 and below
Certificate III or IV
Diploma or Advanced Diploma
Bachelor`s degree
Post-graduate
Source: ABS, 2021 Census of Population and Housing based on place of usual residence.
Use this as a guide for understanding what qualifications are the most common in this field. For personalised support on your education journey, talk to a Careers NSW specialist.
Talk to one of our specialists
At any career stage you can talk with a specialist from Careers NSW about your goals and how you can achieve them.