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ESCO occupation

brokerage firm director

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Brokerage firm directors organise the activities and the people involved in securities trading. They envision strategies aimed at increasing the efficiency of asset trading with a focus on profitability. They may also advise clients on appropriate trades.

1346.2 ISCO 1346 ESCO source
Competences
27
Groups
4
Essential
13
Optional
14

Competences and skills

27 ESCO relations
Essential knowledge 4 competences

Occupation specific

0 competences

No competences in this bucket.

Sector-specific

0 competences

No competences in this bucket.

Cross-sector

4 competences
risk transfer

The financial techniques aimed at avoiding damaging financially a business and instead, protect it in its operations. It is the operation of transferring liabilities and claims to third parties that have the financial muscle and specialise in bundling and managing risks in scale.

ESCO source
securities

The financial instruments traded in financial markets representing both the right of property over the owner and at the same time, the obligation of payment over the issuer. The aim of securities which is raising capital and hedging risk in financial markets.

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security of assets legislation

The current relevant legislation, regulations and codes of practice in the field of protecting private and public assets.

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strategic planning

The elements defining the foundation and core of an organisation such as its mission, vision, values, and objectives.

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Essential skills and competences 9 competences

Occupation specific

1 competence
manage clients' money matters

Pay the clients' bills and make sure that all other financial matters are properly managed.

ESCO source

Sector-specific

3 competences
advice on security risk management

Provide advice on security risk management policies and prevention strategies and their implementation, being aware of the different kinds of security risks a specific organisation faces.

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explain financial jargon

Explain all details of financial products in plain words to clients, including financial terms and all costs.

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manage securities trading

Administer and control the sale and purchase of tradable financial products such as equity and debt securities.

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Cross-sector

5 competences
advise on financial matters

Consult, advise, and propose solutions with regards to financial management such as acquiring new assets, incurring in investments, and tax efficiency methods.

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assess risks of clients' assets

Identify, evaluate and determine the actual and potential risks of your clients’ assets, considering confidentiality standards.

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manage a team

Ensure clear and effective channels of communication across all departments within the organisation and support functions, both internally and externally ensuring that the team is aware of the standards and objectives of the department/business unit. Implement the disciplinary and grievance procedures as required ensuring that a fair and consistent approach to managing performance is consistently achieved. Assist in the recruitment process and manage, train and motivate employees to achieve/exceed their potential using effective performance management techniques. Encourage and develop a team ethic amongst all employees.

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manage securities

Administer the securities owned by the company or organisation, namely debt securities, equity securities and derivatives aiming to get the highest benefit from them.

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trade securities

Buy or sell tradable financial products such as equity and debt securities on your own account or on behalf of a private customer, corporate customer or credit institution.

ESCO source
Optional knowledge 7 competences

Occupation specific

0 competences

No competences in this bucket.

Sector-specific

0 competences

No competences in this bucket.

Cross-sector

7 competences
asset management

The process of increasing total wealth over time through investments that have potential to grow in value.

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banking activities

The broad and continuously growing banking activities and financial products managed by banks ranging from personal banking, corporate banking, investment banking, private banking, up to insurance, foreign exchange trading, commodity trading, trading in equities, futures and options trading.

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economics

Economic principles and practices, financial and commodity markets, banking and the analysis of financial data.

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financial analysis

The process of assessing the financial possibilities, means, and status of an organisation or individual by analysing financial statements and reports in order to make well informed business or financial decisions.

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financial engineering

The finance theory field that addresses the combination of applied mathematics, computer science, and financial theory aimed at calculating and forecasting different financial variables ranging from the creditworthiness of a debtor up to the performance of securities in the stock market.

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financial markets

The financial infrastructure which permits trading securities offered by companies and individuals govern by regulatory financial frameworks.

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trading law

Field of law that states and regulates the affairs and legal practices for trading goods and services.

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Optional skills and competences 7 competences

Occupation specific

0 competences

No competences in this bucket.

Sector-specific

2 competences
implement hedging strategies for clients

Implement strategies for clients in order to reduce the risks of an investment.

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negotiate on asset value

Negotiate with asset owners or parties involved in handling the asset on the monetary value of the asset for selling, insurance, usage as collatoral, or other purposes, in order to secure the most financially beneficial agreement for the client.

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Cross-sector

5 competences
advise on social security benefits

Advise citizens on government-regulated benefits they are eligible for, such as unemployment benefits, family benefits, and other social security benefits.

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analyse economic trends

Analyse developments in national or international trade, business relations, banking, and developments in public finance and how these factors interact with one another in a given economic context.

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interpret business information

Retrieve and analyse different kinds of information with regards to the management of a business in order to draw conclusions on projects, strategies, and developments.

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liaise with shareholders

Communicate and serve as communication point with shareholders in order to provide an overview on their investments, returns, and long-term plans of the company to increase profitability.

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perform stock valuation

Analyse, calculate and appraise the value of the stock of a company. Use mathematic and logarithm in order to determine the value in consideration of different variables.

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