Securities, Commodities, and Financial Services Sales Agents
SOC Code: 41-3031 Job Zone 4: Considerable Preparation Needed
Buy and sell securities or commodities in investment and trading firms, or provide financial services to businesses and individuals. May advise customers about stocks, bonds, mutual funds, commodities, and market conditions.
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Prevailing Wage Levels (National)
DOL/OFLC prevailing wage thresholds for Securities, Commodities, and Financial Services Sales Agents. Hourly rates x 2,080 = annual.
FY2027 Weighted Lottery Impact
| Level | Lottery Entries | Est. Selection Rate |
|---|---|---|
| Level I (Entry) | 1 entry | ~16% |
| Level II (Qualified) | 2 entries | ~31% |
| Level III (Experienced) | 3 entries | ~45% |
| Level IV (Expert) | 4 entries | ~61% |
Prevailing Wages by Metro Area
| Metro Area | Level I | Level II | Level III | Level IV |
|---|---|---|---|---|
| New York-Newark-Jersey City, NY-NJ | $79,144 | $135,138 | $191,152 | $247,146 |
| Bridgeport-Stamford-Danbury, CT | $78,458 | $126,131 | $173,784 | $221,458 |
| Connecticut nonmetropolitan area | $66,955 | $112,549 | $158,122 | $203,715 |
| Hill Country Region of Texas nonmetropolitan area | $42,848 | $95,638 | $148,408 | $201,198 |
| Southwest Oklahoma nonmetropolitan area | $32,490 | $86,861 | $141,232 | $195,603 |
| Western Washington nonmetropolitan area | $47,466 | $95,888 | $144,290 | $192,712 |
| Norwich-New London-Willimantic, CT | $58,885 | $102,606 | $146,349 | $190,070 |
| Cheyenne, WY | $43,867 | $91,624 | $139,381 | $187,138 |
| Sioux Falls, SD-MN | $56,410 | $99,965 | $143,541 | $187,096 |
| Waterbury-Shelton, CT | $52,832 | $97,552 | $142,251 | $186,971 |
H-1B Filing Data
Top H-1B Employers
| Employer | Filings | Avg Wage |
|---|---|---|
| JPMORGAN CHASE & CO. | 33 | $230,621 |
| SG Americas Securities, LLC | 27 | $215,481 |
| BNP Paribas Securities Corp. | 24 | $216,875 |
| UBS SECURITIES LLC | 22 | $236,136 |
| CITIBANK, N.A. | 16 | $230,707 |
| Citigroup Global Markets Inc. | 16 | $270,110 |
| Barclays Capital Inc. | 14 | $210,893 |
| Millennium Advisors, LLC | 13 | $144,808 |
| Morgan Stanley & Co., LLC | 12 | $260,000 |
| The Northern Trust Company | 12 | $120,318 |
Filing Trend
| Year | Filings | Avg Wage |
|---|---|---|
| 2020 | 24 | $131,055 |
| 2021 | 51 | $135,699 |
| 2022 | 29 | $174,638 |
| 2023 | 122 | $155,561 |
| 2024 | 184 | $176,310 |
| 2025 | 239 | $176,171 |
| 2026 | 28 | $182,460 |
Key Skills
| Skill | Importance | Level |
|---|---|---|
| Active Listening | 3.8 | |
| Critical Thinking | 3.8 | |
| Monitoring | 3.6 | |
| Judgment and Decision Making | 3.6 | |
| Active Learning | 3.5 | |
| Persuasion | 3.5 | |
| Reading Comprehension | 3.5 | |
| Speaking | 3.5 | |
| Social Perceptiveness | 3.4 | |
| Complex Problem Solving | 3.4 |
Knowledge Areas
| Knowledge | Importance |
|---|---|
| Customer and Personal Service | 4.3 |
| Economics and Accounting | 3.9 |
| English Language | 3.8 |
| Mathematics | 3.7 |
| Sales and Marketing | 3.7 |
| Computers and Electronics | 3.5 |
| Administration and Management | 3.4 |
| Law and Government | 3.1 |
Education Requirements
| Education Level | % of Workers |
|---|---|
| Bachelor's degree | 55.3% |
| High school diploma | 26.8% |
| Master's degree | 6.0% |
| Post-secondary certificate | 5.8% |
| Doctoral degree | 3.8% |
| Associate's degree | 1.1% |
| Some college | 1.1% |
Typical Tasks
- Make bids or offers to buy or sell securities.
- Monitor markets or positions.
- Agree on buying or selling prices at optimal levels for clients.
- Keep accurate records of transactions.
- Buy or sell stocks, bonds, commodity futures, foreign currencies, or other securities on behalf of investment dealers.
- Complete sales order tickets and submit for processing of client-requested transactions.
- Report all positions or trading results.
- Interview clients to determine clients' assets, liabilities, cash flow, insurance coverage, tax status, or financial objectives.
Technology Skills
Green = Hot Technology in demand
C++ Linux Microsoft Access Microsoft Excel Microsoft Office software Microsoft Outlook Microsoft PowerPoint Microsoft SharePoint Microsoft Visual Basic Microsoft Windows Microsoft Word Oracle Java Oracle PeopleSoft Python R
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