How to Get a Job in Commodities

Careers in commodities cover a number of job responsibilities centered around financial transactions including stock trading, securities and investment banking. To thrive in the sales area of the financial services, recent graduates or professionals looking to transition should get licensed, network and research employers willing to train and develop talent. With the proper training, education and licensing, you can gain access to this competitive industry.

Things You'll Need

• Series 3 commodities license
• NFA registration

Instructions

1. Assess your educational preparation for this line of work. Degrees in finance, economics, business or accounting are desirable, but other degrees may be considered for employment if financial course work has been completed and all other job requirements are met.

2. Take the exam for your Series 3 license. This exam, offered by the Financial Industry Regulatory Authority (FINRA), confirms your comprehension of commodities, including terms and practices.

3. Register with the National Futures Association (NFA). This is a requirement for anyone seeking employment in the commodities industry.

4. Update your resume with the Series 3 license and registration information.

5. Create a candidate profile on job websites focused on financial service careers. Consider niche websites like efinancialcareers.com or financialservicescareers.net. Upload your resume and search for open positions in your area of choice.

6. Research financial service staffing firms in your area. Commodities careers often require entry-level experience before you can rise to the more lucrative commodities agent positions. Connecting with a staffing agency may land you a job for which you are eligible.

7. Identify and consider applying for intensive trainee programs at reputable companies that offer on-the-job training to prepare you. These positions offer coaching and development during your work experience. While trainee programs are not guaranteed to lead to permanent employment, strong work performance and a license will greatly enhance your chances of being hired.

Tips & Warnings

• Attend seminars and workshops in your desired industry to establish a network of references and contacts in the field.

• Communicate often with your network contacts to learn about training programs, internships or other employment opportunities.

References

• Tennessee Career Information System: Commodities Careers
• Bureau of Labor: Securities, Commodities, and Financial Services Sales Agents
• National Futures Association

Resources

• Investopedia: Professional Education for Brokers