How to Become a Financial Dealer in Australia: careers in Finance

A Financial Dealer carries out trades in financial markets on behalf of clients and firms. The role spans shares, bonds, commodities, and derivatives. Most dealers work for banks, broking firms, and large investment firms in Sydney or Melbourne.

Daily work is all about reading market data and acting on it fast. Dealers look at securities reports, financial news, and live trading screens. They use this to advise clients, place orders, and manage their trading book through the day.

Entry into the role needs a degree. Around 72% of Financial Dealers hold a bachelor degree or higher (ABS Census, 2021). Commerce, finance, economics, and actuarial science are the most common study paths. Dealers must also hold or work under an Australian Financial Services (AFS) licence, regulated by ASIC.

The role comes with ongoing legal duties. Under the Corporations Act 2001, all firms that offer financial services must be properly licensed. Dealers grow their skills through bodies such as AFMA and the CFA Institute. Ongoing learning and ethical practice are key to long-term success in this field.