Also called: Voice Broker, IDB Broker
Matches big banks and trading firms that want to trade with each other anonymously, in bonds, swaps or energy, earning a fee on each trade.
Your headset is on by 7 a.m., and you have direct lines to traders at 20 banks. One wants to sell $200 million of a Treasury bond, and you quietly find a buyer at another bank without revealing either name. You take traders to dinner and know which ones are hunting which trades.
Commission-heavy; top brokers earn far more.
Approximate: anchored on Bureau of Labor Statistics data for a broader job group.
Bachelor's degree (4-year), about 4 years after high school. Bachelor's degree in any field; sales skills and stamina matter most.
Ways in: 4-year college, On-the-job training. Training cost: $15k – $60k.
Majors to look at: Finance, Economics, Business Administration.
Shrinking (about -2% over 10 years). Electronic trading is replacing some voice brokering.
Medium risk in 5 years, high in 10. Electronic platforms now match simple trades; big, complex and rare deals still need human brokers, but fewer.
Classes: Economics, Speech and Debate, Business math.
Official data: O*NET occupation 41-3031.
Career Universe is an early version. Pay, training and AI-risk figures are estimates to start your own research, not verified facts. The research was written with AI research assistants, checked by validation scripts and spot-checked by hand. Check anything important with schools, employers and official sources. How the numbers work.