SOUTH AFRICA · SALARY IN RANDS

Securities, Commodities, and Financial Services Sales Agents

What the work involves, the skills employers want, and how to get started in South Africa.

  • Broker
  • Commodities Broker
  • Equity Trader
  • Financial Advisor
  • Financial Consultant
  • Investment Representative
  • Investments Advisor
  • Investments Specialist

What do Securities, Commodities, and Financial Services Sales Agents do?

Securities, Commodities, and Financial Services Sales Agents are professionals who facilitate the buying and selling of financial products such as stocks, bonds, commodities, and other investment vehicles. They work for brokerage firms, investment banks, and financial advisory companies. These agents are responsible for understanding and analyzing financial markets, managing client accounts, and providing expert guidance on investment options. They help clients make informed decisions to achieve their financial goals, whether that involves trading securities, investing in commodities, or utilizing various financial services. Agents typically build and maintain relationships with clients, ensuring their investment strategies align with market conditions and individual financial needs. To succeed in this career, agents must possess strong analytical skills, an in-depth understanding of financial regulations, and the ability to communicate complex financial information in an accessible manner. Continuous education is often required to keep up with industry changes and maintain necessary licenses. Overall, this career demands a combination of financial acumen, interpersonal skills, and a proactive approach to client service.

What the work actually is

  • Make bids or offers to buy or sell securities.
  • Monitor markets or positions.
  • Agree on buying or selling prices at optimal levels for clients.
  • Keep accurate records of transactions.
  • Buy or sell stocks, bonds, commodity futures, foreign currencies, or other securities on behalf of investment dealers.

Skills employers expect

Skills

  • Active Listening Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.
  • Critical Thinking Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions, or approaches to problems.
  • Judgment and Decision Making Considering the relative costs and benefits of potential actions to choose the most appropriate one.
  • Monitoring Monitoring/Assessing performance of yourself, other individuals, or organizations to make improvements or take corrective action.
  • Active Learning Understanding the implications of new information for both current and future problem-solving and decision-making.

Abilities

  • Oral Comprehension The ability to listen to and understand information and ideas presented through spoken words and sentences.
  • Oral Expression The ability to communicate information and ideas in speaking so others will understand.
  • Deductive Reasoning The ability to apply general rules to specific problems to produce answers that make sense.
  • Speech Clarity The ability to speak clearly so others can understand you.
  • Written Comprehension The ability to read and understand information and ideas presented in writing.

Knowledge

  • Customer and Personal Service Knowledge of principles and processes for providing customer and personal services. This includes customer needs assessment, meeting quality standards for services, and evaluation of customer satisfaction.
  • Economics and Accounting Knowledge of economic and accounting principles and practices, the financial markets, banking, and the analysis and reporting of financial data.
  • English Language Knowledge of the structure and content of the English language including the meaning and spelling of words, rules of composition, and grammar.
  • Mathematics Knowledge of arithmetic, algebra, geometry, calculus, statistics, and their applications.
  • Sales and Marketing Knowledge of principles and methods for showing, promoting, and selling products or services. This includes marketing strategy and tactics, product demonstration, sales techniques, and sales control systems.
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How people get into it

Education of new hires

Bachelor's degree
High school diploma or equivalent
or: GED, High School Equivalency Certificate
Some college, no degree

A normal week

  • Working with Computers
  • Getting Information
  • Establishing and Maintaining Interpersonal Relationships
  • Making Decisions and Solving Problems
  • Processing Information

Tools used on the job

Technology

Tools

  • Photocopiers Photocopying equipment
  • Wearable computing devices Mobile computing devices
  • Scanners Computer data input scanners
  • Notebook computers Laptop computers
  • Special purpose telephones Multi-line telephone systems

Who it suits

Enterprising

Work involves managing, negotiating, marketing, or selling, typically in a business setting, or leading or advising people in political and legal situations. Enterprising occupations are often associated with business initiatives, sales, marketing/advertising, finance, management/administration, professional advising, public speaking, politics, or law.

Conventional

Work involves following procedures and regulations to organize information or data, typically in a business setting. Conventional occupations are often associated with office work, accounting, mathematics/statistics, information technology, finance, or human resources.

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Questions people ask

How much do Securities, Commodities, and Financial Services Sales Agents earn in South Africa?

Securities, Commodities, and Financial Services Sales Agents salaries in South Africa vary by experience, province and employer.

What do Securities, Commodities, and Financial Services Sales Agents do?

Make bids or offers to buy or sell securities, Monitor markets or positions and Agree on buying or selling prices at optimal levels for clients.

How do I know if this career fits me?

Take the free Assessify career assessment. It matches your answers to careers and shows the South African salary next to each one.