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Administrative people are interested in work that offers security and a sense of being part of a larger process. They may be at their best operating under supervisors who give clear guidelines, and performing routine tasks in a methodical and reliable way.

They tend to enjoy clerical and most forms of office work, where they perform essential administrative duties. They often form the backbone of large and small organisations alike. They may enjoy being in charge of office filing systems, and using computers and other office equipment to keep things running smoothly. They usually like routine work hours and prefer comfortable indoor workplaces.
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Occupation Details

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Commodity Broker

Job Zone

Education
Most occupations in this zone require job specific training (vocational training) related to the occupation (NFQ Levels 5 and 6 or higher), related on-the-job experience, or a relevant professional award.

Related Experience
Previous work-related skills, knowledge, or experience is required for these occupations. For example, several years of full or part-time employment in the area may suffice.

Job Training
Employees in these occupations usually need one or two years of training involving both on-the-job experience and informal training with experienced workers. A recognised apprenticeship or training program may be associated with these occupations.

Job Zone Examples
These occupations usually involve using communication and organisational skills to coordinate, supervise, manage, or train others to accomplish goals. Examples include restaurant managers, electricians, agricultural technicians, legal secretaries, hairdressers, and web developers.

€22k > 100
Commodity Broker
Salary Range
(thousands per year)*
€22 - 100
Related Information:
Data Source(s):
CareersPortal

Last Updated: March, 2017

* The lower figures typically reflect starting salaries. Higher salaries are awarded to those with greater experience and responsibility. Positions in Dublin sometimes command higher salaries.
-2.6%
Occupational Category

Brokers & Insurance Underwriters

Also included in this category:

Stockbrokers; foreign exchange dealers; insurance brokers; underwriters; insurance inspectors; mortgage underwriters.

Number Employed:

4,600

Part time workers: 9%
Aged over 55: 14%
Male / Female: 60 / 41%
Non-Nationals: 16%
With Third Level: 79%
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At a Glance... header image

Commodity brokers buy and sell physical commodities (crude oil, grain, metals, coffee, sugar) on a commission basis on behalf of private and commercial clients.


Videos & Interviews header image

Follow the links below to watch videos related to this occupation:

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Go..Search YouTube for Commodity Broker videos

The Work header image

A Commodity Broker must typically keep a keen eye on the market in relation to product and investment pricing, trends and demand. Some traders receive purchase and selling instructions, meeting with other commodity traders to negotiate transactions.

Others may take client orders over the phone, performing deals via computer to a firm's trading department or directly on the floor of a stock exchange. Additionally, traders provide financial advice, often meeting with clients to plan, review or update an investment portfolio. 

Work activities also include:

  • Interpreting market reports
  • Trading on behalf of clients
  • Liaising with transport, shipping and insurance companies
  • Devising hedging strategies
  • Visiting international suppliers
  • Negotiating price, specification and delivery details
  • Investigating new business openings
Employers of commodity brokers include investment banks, commodity brokers, financial clearing houses and exchanges.


Personal Qualitiesheader image

Commondity Brokers need to be self motivated and determined workers. Having a competitve nature is also advantageous for this role. 

Excellant numeracy skills and an ability to negotiate are also essential. Good organisational skills are crucial in order to react to market movements and respond to client needs efficiently.


Further Informationheader image

A detailed description of this occupation can be found on a number of online databases. Follow the link(s) below to access this information:

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Go..Commodity broker - from: GradIreland

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Career Guidance

This occupation is popular with people who have the following Career Interests...


...and for people who like working in the following Career Sectors:

Banking, Insurance & Financial Services

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