Junior stockbroker description

The Job Description of a Junior Broker | eHow

The main role of a junior stockbroker is to augment the work of a stockbroker. He advises individual clients and retail investors on investment decisions based on their needs and financial ability.

He works on the agreed investment orders on the floor of the securities exchange and follows up on the execution of the purchase of sale orders. Junior stockbrokers enroll as trainees upon graduating from college and report to the stockbroker. Junior brokers need to register and receive certification from the Financial Industry Regulatory Authority FIRA if they intend to work independently or with registered and licensed stockbrokers. Before they are registered, they must have at least four months experience, which they can gain through an internship in a brokerage firm, and pass the General Securities Registered Representative Examination.

Registered securities representatives must attend education classes to maintain their licenses. A junior stockbroker observes stocks and the money market and reports to the broker on stock market trends, changes and stock prizes. She makes calls to clients to inform them of potential investment opportunities and makes recommendations. She builds relationships with investment clients through regular correspondence such as emails and face-to-face consultations.

She finds good sales leads. She carries out research on information that would benefit clients. She advises clients on appropriate investment options in the forex y materias primas markets.

She places transactional orders with floor brokers. He should have a clear and crisp telephone voice. He should be self-confident, ambitious junior stockbroker description self-motivated.

He should be a good communicator with strong selling skills and matt moneymaker youtube knowledge of financial markets. He should be flexible to take on errands for the broker like check deposits and delivery of orders.

How to Become a Junior Stockbroker: 14 Steps (with Pictures)

Junior brokers work in an office, in a demanding and fast-paced environment. They have a lot of pressure from their supervisors because the work is commission-based, and the more clients the junior brokers serve, the more the profits the company makes. Some securities and brokerage agencies operate 24 hours a day so junior brokers may work in shifts of about 12 hours a day.

A junior broker often works for more than 40 hours a week and most of this time is spent making telephone calls and talking with clients. She also travels a lot in order to meet with clients. Many stockbrokers start their careers as unpaid interns, or work only on commission while they go through training and pass licensing exams Some types of writing jobs are self-explanatory. Columnists, for example, write newspaper or magazine columns, novelists write books, and poets write poetry Junior traders generally work for large hedge funds or brokerage firms.

There are no education requirements to become a junior trader. Oil traders are a type of commodity broker who normally buy and sell commodities such as non-ferrous metals, coffee, grain, sugar and Broker assistants work for licensed real estate, insurance and stock brokers. As brokers focus on closing deals for clients, these assistants often By Martin Muchira eHow Contributor.

A junior broker should have good telephone skills. Auto Mechanic Assistant Job Description.

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