Profession brokerage firm director

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.

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Personality Type

• Enterprising / Conventional

Knowledge

• Strategic planning

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

• 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.

• Security of assets legislation

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

• 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.

Skills

• 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.

• Manage clients' money matters

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

• Explain financial technicalities to clients

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

• 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.

• Assess risks of clients' assets

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

• 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.

• 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.

• Manage securities trading

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

• Advise 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.

Optional knowledge and skills

Source: Sisyphus ODB