Financial Investment Manager

Financial Investment Manager career and migration overview

Financial Investment Managers in Australia typically work within retail banks, investment firms, or superannuation funds, collaborating closely with financial analysts and client relationship managers. They are responsible for tailoring investment strategies that align with client goals, often participating in client meetings and strategy sessions. A distinct feature of Australian practice is the emphasis on integrating ethical investment principles into portfolio management, reflecting the national shift towards sustainable and responsible investing.

Financial Investment Manager is a skilled occupation on Australia's Short-term Skilled Occupation List (STSOL). This occupation is eligible for the points-tested Subclass 190 and 491 visas (state or territory nomination required). It is not currently on the Core Skills Occupation List (CSOL) and therefore not eligible for employer-sponsored visas via the standard 482 Core Skills stream.

Financial Investment Manager jobs in Australia: market demand

Superannuation funds are actively hiring Financial Investment Managers to navigate complex investment landscapes. The Australian Government's Your Future, Your Super reforms are driving demand by pushing funds to improve performance and reduce fees. Employers report that expertise in ethical and sustainable investment strategies is the hardest skill to find right now.

Working in Australia

In Australia, Financial Investment Managers are required to adhere to the standards set by the Australian Financial Services Licence (AFSL), which includes stringent compliance with local regulations and continuous professional development that may not be as rigorously enforced in the UK, South Africa, India, or the Philippines. This differs from these countries where financial regulatory frameworks might be less prescriptive in terms of mandatory ongoing education and localised compliance nuances. To integrate effectively, a Financial Investment Manager should prioritise enrolling in courses on Australian financial regulations and compliance to align with AFSL requirements and demonstrate their commitment to professional standards in the Australian context.

Salary and career progression

Chartered status with the CFA Institute significantly increases earning potential for Financial Investment Managers in Australia by enhancing their credibility and client trust. Becoming a Chief Investment Officer is a coveted role due to its strategic importance and attractive compensation packages prevalent in the superannuation sector. Salaries for Financial Investment Managers tend to be higher in Sydney and Melbourne compared to regional areas due to the concentration of financial services headquarters in these cities.

Industries and employers

  • Superannuation Funds
  • Retail Banking
  • Investment Firms
  • Wealth Management Companies
  • Corporate Advisory Services

Common tools, systems and standards

  • Bloomberg Terminal
  • Morningstar Direct
  • FactSet
  • ASIC Regulatory Guidelines
  • XPLAN Financial Planning Software
  • APRA Reporting Standards

Career profile

Demand trend

New South Wales shows strong demand driven by the concentration of financial services in Sydney. Western Australia's demand is fuelled by the state's growing emphasis on resource sector investment diversification strategies.

Licensing and registration

No national licence exists, but ASIC registration is required for those providing financial investment advice.

Qualification expectations

VETASSESS assesses qualifications to ensure equivalency to an AQF Diploma or Bachelor level, depending on the role's complexity. Employers expect a CFA or postgraduate degree for higher-level positions.

Career growth

Financial Investment Managers can advance to roles such as Chief Investment Officer or Head of Portfolio Management by obtaining CFA certification and gaining extensive portfolio management experience.

Salary progression

Entry AUD $70,000 → Senior AUD $180,000, driven by CFA certification and portfolio management expertise.

Migrant challenge

Navigating Australia's stringent ASIC compliance requirements poses a significant initial challenge.

Five-year outlook

The next five years will likely see increased demand for Financial Investment Managers due to the growing complexity of superannuation products and ESG investment strategies.

Workplace culture

The emphasis on compliance and ethical investing is notably strong in Australian financial workplaces.

Permanent residence competitiveness

The points test remains competitive, often requiring state nomination due to high demand for local experience. Employer sponsorship pathways are available but also competitive due to the specialised skill set required.

Eligible visa pathways for Financial Investment Manager

The current occupation mapping identifies 2 potential skilled visa pathways. A listed pathway is not an approval or guarantee; the applicant must satisfy every requirement applying to that subclass.

  • Subclass 190: The Skilled Nominated visa is a permanent pathway requiring nomination by an Australian state or territory. Each jurisdiction applies its own occupation, residence, employment and points criteria.
  • Subclass 491: The Skilled Work Regional visa is a provisional regional pathway requiring state, territory or eligible-family nomination. It can lead to permanent residence through Subclass 191 after regional requirements are met.

Financial Investment Manager salary and demand by state

These occupation-explorer estimates compare entry, experienced and senior salary levels across Australia. They are planning figures rather than job offers and should be checked against current vacancies, awards and employer terms.

State or territoryEntry salaryExperienced salarySenior salaryDemandRegional context
New South WalesAUD$98,000AUD$137,000AUD$189,000HighCheck current state and regional employer demand.
VictoriaAUD$94,000AUD$131,000AUD$181,000HighCheck current state and regional employer demand.
QueenslandAUD$89,000AUD$124,000AUD$172,000HighRegional areas offer 491 nomination, reduced cost of living and faster invitations
Western AustraliaAUD$95,000AUD$132,000AUD$183,000HighState nomination available; mining sector drives strong demand
South AustraliaAUD$85,000AUD$119,000AUD$164,000MediumSA Skilled & Business migration, competitive 190/491 quotas
TasmaniaAUD$81,000AUD$113,000AUD$156,000Medium491 regional visa available; lifestyle benefits and lower living costs
Australian Capital TerritoryAUD$102,000AUD$143,000AUD$198,000MediumHigh government and defence sector demand
Northern TerritoryAUD$90,000AUD$126,000AUD$173,000LowNT nomination available; remote area incentives

State nomination and shortage context

State and territory nomination allocations indicate programme capacity, not places reserved for Financial Investment Manager. Applicants must confirm that their occupation is open and meet the jurisdiction's current criteria before relying on a Subclass 190 or 491 pathway.

State or territorySubclass 190 placesSubclass 491 placesNomination context
New South Wales2,5000NSW nomination available for select occupations. Check NSW Skills List.
Victoria2,0000Victoria State Nomination (VSNP) program. Competitive quotas.
Queensland1,2001,800Queensland Skilled Migration, separate 190 and 491 streams.
Western Australia1,500500WA State Nomination, strong demand in mining, engineering, health.
South Australia1,0001,200SA Skilled & Business program, open occupation list.
Tasmania500800Tasmania 491 covers the whole state; 190 for critical occupations.
Australian Capital Territory6000ACT Critical Skills and Graduate pathways. High competition.
Northern Territory200600NT nomination, remote area incentives and dedicated quotas.

Skills assessment for Financial Investment Manager

The assessing authority is VETASSESS. A skills assessment compares overseas qualifications and employment history with the Australian standard for ANZSCO 222312. Applicants normally need identity documents, academic certificates and transcripts, detailed employer references, proof of paid employment and certified translations where applicable.

Assessment rules differ by authority and occupation. Some authorities require English testing, professional registration, supervised practice, competency demonstrations or a technical interview. Applicants should use the authority's current checklist and ensure that duties in employment references align with the nominated occupation rather than relying only on a job title.

Visa processing times

Published processing ranges change with application volumes and individual complexity. The figures below are planning ranges used by the occupation explorer. They begin after a valid visa application is lodged and do not include time needed for English testing, skills assessment, Expression of Interest, nomination or sponsorship.

Visa pathway75% planning range90% planning range
Subclass 190: Skilled Nominated5–7 months12–24 months
Subclass 491: Skilled Work Regional4–8 months10–18 months

Migration planning timeline

Phase 1: Research & Discovery

Typical duration: 1–3 months

Check occupation on MLTSSL/STSOL lists, identify assessing authority, research state nomination options, calculate migration points score.

  • Check occupation on MLTSSL/STSOL lists
  • Identify assessing authority
  • Book English language test (IELTS/PTE/OET)
  • Research state nomination options
  • Calculate migration points score

Phase 2: Skills Assessment

Typical duration: 3–12 months

Submit application to the relevant assessing authority. Gather qualifications, employment evidence and references.

  • Gather qualification certificates and transcripts
  • Compile employment reference letters
  • Submit skills assessment application
  • Await assessment outcome
  • Obtain positive skills assessment

Phase 3: Expression of Interest (EOI)

Typical duration: 1–24 months

Lodge EOI in SkillSelect. Wait for an invitation to apply based on your points score. Higher scores are invited first.

  • Lodge EOI in SkillSelect
  • Ensure all details are accurate
  • Monitor invitation rounds
  • Apply for state nomination if applicable
  • Receive Invitation to Apply (ITA)

Phase 4: Visa Application

Typical duration: 6–36 months

Lodge formal visa application with Department of Home Affairs. Undergo health examinations and police clearances.

  • Lodge formal visa application
  • Complete health examinations
  • Obtain police clearance certificates
  • Respond to any requests for further information
  • Receive visa grant

Phase 5: Pre-Departure Planning

Typical duration: 1–3 months

Book flights, arrange accommodation, open an Australian bank account, research your destination city.

  • Book flights to Australia
  • Arrange initial accommodation
  • Open Australian bank account (online)
  • Register with Medicare
  • Research schools and housing

Phase 6: Arrive & Settle

Typical duration: Ongoing

Activate your visa by entering Australia. Begin building your life, applying for work, and accessing services.

  • Activate visa with first entry
  • Register with Medicare
  • Obtain Tax File Number (TFN)
  • Open local bank account
  • Begin job applications

Financial Investment Manager migration questions

Is Financial Investment Manager on Australia's skilled occupation list?

Yes. Financial Investment Manager (ANZSCO 222312) is on Australia's short-term occupation reference category. Its list placement determines which points-tested, state-nominated, regional or employer-sponsored pathways may be available. List placement alone does not guarantee a visa: applicants must also meet age, English, skills assessment, points, nomination or sponsorship requirements for the selected subclass.

What visas can a Financial Investment Manager apply for in Australia?

The occupation data currently identifies Subclass 190 (Skilled Nominated), Subclass 491 (Skilled Work Regional) as potential pathways for Financial Investment Manager. Each pathway has separate eligibility rules. State nomination depends on the relevant state list and invitation settings, while employer-sponsored pathways require a qualifying position and an approved sponsoring employer.

Who assesses Financial Investment Manager skills for Australian migration?

VETASSESS is the assessing authority shown for Financial Investment Manager. A positive skills assessment is generally required before lodging an Expression of Interest for points-tested skilled migration. Applicants should confirm the authority's current qualification, employment evidence, English, registration and document requirements before applying because assessment criteria can change.

What salary does a Financial Investment Manager earn in Australia?

The occupation explorer estimates New South Wales earnings from AUD$98,000 at entry level to AUD$137,000 for an experienced worker, with senior roles around AUD$189,000. Actual pay depends on location, employer, industry, registration, specialisation and experience. Regional positions may combine a different base salary with allowances or lower living costs.

How many points does a Financial Investment Manager need to migrate to Australia?

Subclass 189, 190 and 491 applicants need at least 65 points to submit an Expression of Interest, but 65 does not guarantee an invitation. Competitive invitation scores can be higher. Points are awarded for age, English proficiency, qualifications, skilled work experience, Australian study and other factors, with state nomination adding points for Subclass 190 or 491.

Do I need a skills assessment as a Financial Investment Manager?

A positive assessment from VETASSESS is required for most points-tested pathways connected to Financial Investment Manager. The authority examines qualifications and employment evidence against Australian standards. Processing often takes several months, so applicants should prepare detailed references, payslips, tax evidence, transcripts and certified identity documents before submitting.

Can a Financial Investment Manager get permanent residency in Australia?

Subclass 190 grants permanent residence after state or territory nomination. Subclass 491 is provisional and may lead to permanent residence through Subclass 191 after meeting regional requirements. Eligibility depends on the applicant's complete circumstances and the rules in force when invited or applying.

How long does the Financial Investment Manager migration process take?

A complete skilled migration journey can take two to four years. Skills assessment may take three to twelve months, followed by an uncertain wait for an invitation or nomination. After invitation, visa processing varies by subclass and caseload. Health examinations, police clearances, employer sponsorship and requests for further information can extend the timeline.

What qualifications are needed to work as a Financial Investment Manager in Australia?

While a Bachelor's degree is a baseline, most employers prefer candidates with CFA certification or a relevant postgraduate degree.

How does the regulatory environment affect Financial Investment Managers in Australia?

Managers must comply with ASIC and APRA rules, which are comprehensive and ensure transparency and consumer protection.

What skills are most in demand for Financial Investment Managers in Australia?

Skills in ESG investing, regulatory compliance, and advanced data analysis are currently most sought after.

What career progression opportunities exist for Financial Investment Managers in Australia?

Managers can progress to senior roles such as Chief Investment Officer or Head of Portfolio Management by gaining experience and obtaining further certifications like the CFA.