Commodity broker
Code 3324.1
Commodity brokers act as intermediary between buyers and sellers of movable and immovable property such as raw materials, livestock or real estate. They negotiate prices and receive a commission from the transactions. They research market conditions for specific commodities in order to inform their clients. They make bid offers and calculate the cost of transactions.
Essential skills
Knowledge
- commercial law
- international trade
- economics
- financial markets
Skills and competences
- analyse energy market trends
- analyse economic trends
- analyse market financial trends
- apply technical communication skills
- perform financial risk management in international trade
- review investment portfolios
Transversal competences
- analyse financial risk
- advise on financial matters
- negotiate with stakeholders
- negotiate sale of commodities
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What to assess for this role
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Sources
This service uses the ESCO classification of the European Commission and the Mapha Taxonomy developed by OTIC SOFOFA (CC BY 4.0), in an adapted version. Group codes come from the ILO's ISCO-08. See sources and licences