67 lines
4.4 KiB
Markdown
67 lines
4.4 KiB
Markdown
# Tasks & work activities — commodity trader
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Source: O*NET 30.3, occupation 41-3031.00 (Securities, Commodities, and Financial Services Sales Agents) — manual nearest-occupation mapping via ISCO group 3324; the official ESCO crosswalk has no entry for this ESCO occupation.
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## Task statements
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- **[Core]** Make bids or offers to buy or sell securities.
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- **[Core]** Monitor markets or positions.
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- **[Core]** Agree on buying or selling prices at optimal levels for clients.
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- **[Core]** Keep accurate records of transactions.
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- **[Core]** Buy or sell stocks, bonds, commodity futures, foreign currencies, or other securities on behalf of investment dealers.
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- **[Core]** Complete sales order tickets and submit for processing of client-requested transactions.
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- **[Core]** Report all positions or trading results.
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- **[Core]** Interview clients to determine clients' assets, liabilities, cash flow, insurance coverage, tax status, or financial objectives.
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- **[Core]** Discuss financial options with clients and keep them informed about transactions.
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- **[Core]** Determine customers' financial services needs and prepare proposals to sell services that address these needs.
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- **[Supplemental]** Sell services or equipment, such as trusts, investments, or check processing services.
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- **[Core]** Identify opportunities or develop channels for purchase or sale of securities or commodities.
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- **[Core]** Develop financial plans, based on analysis of clients' financial status.
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- **[Core]** Review all securities transactions to ensure accuracy of information and conformance to governing agency regulations.
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- **[Core]** Contact prospective customers to present information and explain available services.
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- **[Core]** Devise trading, option, or hedge strategies.
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- **[Core]** Track and analyze factors that affect price movement, such as trade policies, weather conditions, political developments, or supply and demand changes.
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- **[Core]** Inform other traders, managers, or customers of market conditions, including volume, price, competition, or dynamics.
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- **[Core]** Offer advice on the purchase or sale of particular securities.
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- **[Supplemental]** Evaluate costs and revenue of agreements to determine continued profitability.
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- **[Core]** Explain stock market terms or trading practices to clients.
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- **[Core]** Calculate costs for billings or commissions.
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- **[Core]** Prepare financial reports to monitor client or corporate finances.
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- **[Core]** Supply the latest price quotes on any security, as well as information on the activities or financial positions of the corporations issuing these securities.
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- **[Supplemental]** Supervise support staff and ensure proper execution of contracts.
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- **[Supplemental]** Relay buy or sell orders to securities exchanges or to firm trading departments.
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- **[nan]** Negotiate prices or contracts for securities or commodities sales or purchases.
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- **[nan]** Prepare and send requests for price quotations to all companies in a particular market.
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- **[nan]** Price securities or commodities based on market conditions.
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- **[nan]** Purchase or sell financial derivatives for customers.
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## Detailed work activities
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- Analyze business or financial data.
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- Analyze market conditions or trends.
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- Calculate costs of goods or services.
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- Contact current or potential customers to promote products or services.
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- Coordinate activities with suppliers, contractors, clients, or other departments.
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- Customize financial products or services to meet customer needs.
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- Develop professional relationships or networks.
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- Develop proposals for current or prospective customers.
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- Estimate costs or terms of sales.
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- Explain financial information to customers.
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- Explain technical product or service information to customers.
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- Gather customer or product information to determine customer needs.
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- Gather information in order to provide services to clients.
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- Identify investment opportunities or strategies.
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- Maintain records of sales or other business transactions.
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- Monitor market conditions or trends.
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- Monitor sales activities.
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- Negotiate prices or other sales terms.
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- Negotiate purchases or contracts.
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- Prepare financial documents, reports, or budgets.
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- Prepare sales or other contracts.
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- Process sales or other transactions.
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- Purchase products or services.
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- Review accuracy of sales or other transactions.
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- Sell products or services.
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- Share sales-related or market information with colleagues.
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- Supervise sales or support personnel.
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