ANZSCO 222311: Financial Investment Adviser
Skill Level: 1 | Assessing Authority: VETASSESS (Group: B)
Group B : Skills Assessment Criteria:
Qualification(s) assessed at AQF Bachelor degree or higher degree with a highly relevant field of study and at least one year of post-qualification
highly relevant employment at an appropriate skill level in the last five years;
OR
Qualification(s) assessed at AQF Bachelor degree or higher degree with an additional qualification at least Australian Qualifications Framework
(AQF) Diploma level in a highly relevant field of study and at least two years of post qualification highly relevant employment at an appropriate skill
level in the last five years;
OR
Qualification(s) assessed at AQF Bachelor degree or higher degree without a highly relevant field of study and at least three years of post qualification
highly relevant employment at an appropriate skill level in the last five years;
Note: For pre-qualification employment (if all of your employment is before your qualification assessed at the AQF bachelor degree level), five years of
highly relevant employment in addition to at least one year of highly relevant employment at an appropriate skill level in the last five years.
Requirements for Skills Assessment
This occupation requires a qualification assessed as comparable to the education level of an Australian Qualifications Framework (AQF) Bachelor degree or higher degree and in a field highly relevant to the nominated occupation.
In addition to the above, it is essential for applicants to meet the following employment criteria:
- at least one year of post-qualification employment at an appropriate skill level,
- undertaken in the last five years,
- working 20 hours or more per week, and
- highly relevant to the nominated occupation.
If the qualification is not in a highly relevant field, then the applicant must have:
- three years of post-qualification employment experience at an appropriate skill level,
- undertaken in the last five years,
- working 20 hours or more per week, and
- highly relevant to the nominated occupation.
This is reduced to two years if there is an additional qualification at least at AQF Diploma level in a highly relevant field.
If employment has occurred before completion of qualification, then five years of highly relevant employment experience are required in addition to at least one year of highly relevant employment at an appropriate skill level in the last five years.
Please note in order to achieve a successful Skills Assessment Outcome, a positive assessment for both qualifications and employment is required.
Qualification
AQF Bachelor degree or higher degree*
This occupation requires a qualification in any of the below fields:
» Finance or Financial Planning
» Economics/Econometrics
» Actuarial Studies
» Accounting
» General Business or Commerce
*This includes qualifications assessed at AQF Bachelor, Master and Doctoral level
Employment
Highly relevant tasks include:
» Interviewing prospective clients to determine financial status and objectives, discussing financial options and developing financial plans and investment strategies;
» Monitoring investment performance, and reviewing and revising investment plans based on modified needs and changes in markets;
» Recommending and arranging insurance cover for clients;
» Arranging to buy and sell stocks and bonds for clients;
» Advising on investment strategies, sources of funds and the distribution of earnings;
» Setting financial objectives, and developing and implementing
» May refer clients to other organisations to obtain services outlined in financial plans.
Additional tasks may include:
» Conducting risk profiling/assessments of clients in order to determine investment strategies;
» May provide advice on potential mergers and acquisitions (M&A) to clients;
» May provide advice on taxation, retirement and estate planning;
» In a corporate banking context, may advise on financing solutions/plans.
Reference: vetassess.com.au
Skill Assessment Assistance