Jobber, Share Market

Aliases: Arbitrageur

Industry/Sector(s): BFSI

JOB DESCRIPTION ¹

The tasks a Jobber, Share Market is expected to perform include:

Buying and selling shares, securities, etc. in trading ring of Stock Exchange (place where Brokers and Jobbers meet at stipulated hours for making transactions) to speculate and make profits due to fluctuations in prices of shares, securities, etc.
Watching market trend and the movement of prices various shares and securities
Making transactions with other Brokers, Jobbers or their authorised agents at prices which appear favourable to him/her
Maintaining records of transactions made

WORK ENVIRONMENT ^{2, 3}

It is a desk job
Need not handle a team
Local travelling is not a part of this job role
Part-time work and contractual jobs are not available
Work from home option may be available

Working hours

Organizations usually work for 5/6 days a week for 8/9 hours everyday. This may vary from organization to organization
Shift system is available

Is the job suitable for a candidate with special needs?

This job is suitable for candidates with One Arm (OA), One Leg (OL), Both Leg (BL), Blind (B), Low Vision (LV) and those who have their Hearing Impaired (HH)

This may vary from organization to organization

EDUCATIONAL QUALIFICATIONS AND TRAINING ³

Preferably, graduation with any specialization

KEY COMPETENCIES ¹

Proficient in attending trading ring of Stock Exchange at stipulated hours
Adept at watching market trend and movement of prices of different shares, securities, etc.
Knowledge of keeping record of transactions made by him/him on notebook called ‘Soda Book’
Well-versed with remaining alert and trying to make profit even out of minor fluctuations
Knowledge of purchasing and selling shares and securities on behalf of client for brokerage
Well-versed with maintaining record of his/her transactions

DESIRABLE COMPETENCIES ¹

Excellent communication skills
Mathematical skills
Good analytical skills
Aptitude for research and financial writing
Basic computer skills
Decision-making skills

AVAILABLE SKILL TRAINING AND LEARNING INSTITUTES

BSE Institute Ltd.
http://www.bsebti.com/
NSE
https://www.nseindia.com/
Institute of Chartered Financial Analysts of India
http://www.icfaiuniversity.in/
National Institute of Securities Markets
http://www.nism.ac.in/

AVAILABLE SKILL TRAINING SCHEMES/SCHOLARSHIPS

SAMPLE OF TRAINING AND LEARNING COURSES

CAREER PROGRESSION PATH ¹

Branch Manager, Share Market

↑

Cluster Manager, Share Market

↑

Jobber, Share Market

The progression is indicative

EXPECTED EARNINGS ^{3, 4}

For candidates with 0 - 1 year of experience - Rs 12,500 to Rs 16,000 per month
For candidates with 1 - 5 years of experience - Rs 16,000 to Rs 25,000 per month

These figures are indicative and subject to change

REQUIRED WORK EXPERIENCE ³

Generally, 0 - 1 year of experience required

PROBABLE EMPLOYERS ^{3, 4}

Stock broking firms across India

KEYWORDS

Arbitrageur
Scalper
Trader

OCCUPATIONAL CODES AND STANDARDS

Standard	Code	Description
NCO 2015	3311.0200	Jobber, Share Market
ISCO 2008	3311	Securities and Finance Dealers and Brokers
NIC 2008	66120	Security and commodity contracts brokerage
QP Reference	Not available	Not available
NSQF	Not available	Not available

REFERENCES

1	National Classification of Occupations Division 3

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