Careers rarely develop the way we plan them. Our career path often takes many twists and turns, with particular events, choices and people influencing our direction.

We asked Paul Galvan from Department of Education and Skills to give some advice for people considering this job:

 

Paul Galvan

Resource Teacher

Department of Education and Skills

Read more

  Paul Galvan
I would advise them to ensure they enjoy working with young people. If possible try to get some teaching experience; I started out as a substitute teacher before applying for my H Dip in Education.
Close

Enterprising?
Enterprising 
Enterprising people like situations that involve using resources for personal or corporate economic gain. Such people may have an opportunistic frame of mind, and like commerce, trade and making deals. Some are drawn to sales and marketing occupations. Many will eventually end up owning their own business, or managing a section in larger organisations. They tend to be very goal-oriented, and work best when focused on a target. Some have an entrepreneurial inclination.
Career Interviews
Sector Profiles
School Subjects (LC)
College Courses
Close
Study Skills
Other
Work Experience (School)
CV & Interview Preparation

Occupation Details

logo imagelogo image

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 skill, knowledge, or experience is required for these occupations. For example, electricians typically complete four years of training in order to perform the job.

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 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.
-4%
Occupational Category

Brokers & Insurance Underwriters

Also included in this category:

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

Number Employed:

4,300

Part time workers: 15%
Aged over 55: 20%
Male / Female: 60 / 40%
Non-Nationals: 11%
With Third Level: 84%
Return to List
Saves this course to your Career File if you are registered.

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:

Note: you will be leaving the CareersPortal Site


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:

Note: you will be leaving the CareersPortal Site

Go..Commodity broker - from: GradIreland

Related Occupationsheader image

Job Search


Industry Expert


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

Search for Related Courses from Qualifax - the National Learners Database

Go..