Grain trader vs transfer agent

The differences between grain traders and transfer agents can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a grain trader and a transfer agent. Additionally, a grain trader has an average salary of $107,547, which is higher than the $25,018 average annual salary of a transfer agent.

The top three skills for a grain trader include commodities, arbitrage and wheat. The most important skills for a transfer agent are customer service, inbound calls, and outbound calls.

Grain trader vs transfer agent overview

	Grain Trader	Transfer Agent
Yearly salary	$107,547	$25,018
Hourly rate	$51.71	$12.03
Growth rate	10%	10%
Number of jobs	1,017	28,396
Job satisfaction	5	-
Most common degree	Bachelor's Degree, 85%	Bachelor's Degree, 43%
Average age	43	43
Years of experience	6	6

Grain trader vs transfer agent salary

Grain traders and transfer agents have different pay scales, as shown below.

	Grain Trader	Transfer Agent
Average salary	$107,547	$25,018
Salary range	Between $61,000 And $188,000	Between $18,000 And $33,000
Highest paying City	-	-
Highest paying state	-	-
Best paying company	-	-
Best paying industry	-	-

Differences between grain trader and transfer agent education

There are a few differences between a grain trader and a transfer agent in terms of educational background:

	Grain Trader	Transfer Agent
Most common degree	Bachelor's Degree, 85%	Bachelor's Degree, 43%
Most common major	Business	Business
Most common college	Harvard University	Stanford University

Grain trader vs transfer agent demographics

Here are the differences between grain traders' and transfer agents' demographics:

	Grain Trader	Transfer Agent
Average age	43	43
Gender ratio	Male, 60.9% Female, 39.1%	Male, 42.3% Female, 57.7%
Race ratio	Black or African American, 4.3% Unknown, 4.0% Hispanic or Latino, 8.4% Asian, 9.6% White, 73.5% American Indian and Alaska Native, 0.2%	Black or African American, 5.6% Unknown, 4.1% Hispanic or Latino, 11.7% Asian, 11.6% White, 66.8% American Indian and Alaska Native, 0.2%
LGBT Percentage	6%	6%

Differences between grain trader and transfer agent duties and responsibilities

Grain trader example responsibilities.

Communicate with brokers to ensure accurate allocations for futures, foreign exchange, and equities between separately manage accounts.
Purchase and sell physical commodities in order to capitalize on arbitrage opportunities between various locations, markets and commodities.
Automate the trade allocation and reconciliation procedures using VBA programming which is leveraged to systematically detect any trade breaks or discrepancies.
Make markets electronically in CME commodity option markets.

Transfer agent example responsibilities.

Schedule and meet individuals\groups for assign or self-generate leads, assist and enroll eligible individuals in suitable Medicare product.
Adhere to FDCPA regulations, federal, state and local law provisions.
Research inquiries and provide appropriate feedback including company policies, IRS regulations and compliance requirements.
Provide information to clients on Fidelityproducts, services, operational procedures, including 401k, transaction and NAV quotes.
Answer complex financial inquiries including, fund and market performance, taxation (cost basis, IRS forms, etc.
Demonstrate strong understanding of Comcast products, promoting and selling offerings to individual customers by knocking every door within assign territories.

Grain trader vs transfer agent skills

Common grain trader skills

Commodities, 52%
Arbitrage, 30%
Wheat, 18%

Common transfer agent skills

Customer Service, 27%
Inbound Calls, 13%
Outbound Calls, 12%
TA, 6%
Debt Collection, 6%
Transferring Calls, 3%

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Grain Trader
Grain Trader vs Transfer Agent

Updated January 8, 2025

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