Career Information > BFSI > Jobber, Share Market

Last Updated on :22/10/2018
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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 
  • Institute of Company Secretaries of India   
    http://www.icsi.edu/Student/CoursesOffered.aspx

     
  • 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 

 For scholarship and schemes, use further links like:

  • https://scholarships.gov.in/​
SAMPLE OF TRAINING AND LEARNING COURSES 

http://www.bsebti.com/all_program_pages/advance_program_stock_market.html

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 
StandardCodeDescription
NCO 20153311.0200Jobber, Share Market
ISCO 20083311Securities and Finance Dealers and Brokers
NIC 200866120Security and commodity contracts brokerage
QP ReferenceNot availableNot available
NSQFNot availableNot available
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