Page 133 - JobsPlus - Occupational Handbook

Financial and Investment Advisor
Occupation Code: 2412
Alternative titles: Financial and Investment Consultant, Financial Planner, Estate Planner Work environment
Job description and duties
Financial and Investment Advisors assist clients to choose the best way to invest their money. A Financial and Investment Advisor is typically expected to:
• Evaluate present and future market conditions
• Identify the right type of investment products to suit the client’s needs
• Buy and sell stocks and/or bonds for clients
• Carry out research on investment products
(where applicable)
• Explain the details of specific investments to
clients, as well as the differences between
different investments
• Negotiate competitive rates with providers of
financial products (where applicable)
• Keep detailed records of client’s investment
activities
• Deal with client enquiries
• Produce financial reports for clients
Financial and Investment Advisors may work with financial institutions such as banks or stock brokerage firms in the private sector and in the public sector.
Financial and Investment Advisors typically work full-time. However, working additional hours or weekends may be expected in order to meet deadlines.
Occupation data
Entry level education / special licences / warrants
To work as a Financial and Investment Advisor, a qualification at MQF Level 6 or higher is required in Banking, Finance, Insurance, Risk Management and related areas. Training programmes include:
• Bachelor of Commerce (Honours) in Banking and Finance (University of Malta) (MQF Level 6)
• Bachelor of Science (Honours) in Financial Services Management (MCAST) (MQF Level 6)
Number of employees (2017)
256
Share of foreigners (2017)
30%
Job Outlook (2018 - 2022)
+31%
Median Pay (per annum)
€26,600
Occupational Handbook 2018
133