A person who has worked as a relationship manager in a bank in China for three years, focusing on corporate business, with an IELTS score of 7 in each band, and holding a Master’s degree in Financial Management, might wonder whether they can apply for a skilled migration visa through professional assessment in Australia.

According to the regulations, the occupation eligible for professional assessment for bank employees is Financial Investment Advisor (ANZSCO 222311), which corresponds to roles such as wealth manager.

Financial Investment Advisor (ANZSCO 222311) Professional Assessment Requirements

Assessment Agency: VETASSESS (responsible for assessing financial-related occupations).

Educational Requirements:

Applicants must have at least a bachelor’s degree, and the degree should be closely related to the nominated occupation.

Relevant fields of study include:

Finance / Financial Planning

Economics / Econometrics

Actuarial Studies

Accounting

General Business / Commerce

Applicant Background: A Master's degree in Financial Management meets the requirements, and no additional qualifications are necessary.

Work Experience Requirements:

If the applicant’s degree is highly related to the nominated occupation, they must have at least 1 year of relevant work experience within the last 5 years (working at least 20 hours per week).

If the degree is not highly related to the nominated occupation, the applicant will need to provide an additional 3 years of relevant work experience, or 6 years of experience (with at least 1 year in the last 5 years, and the remaining 5 years from earlier employment).

Relevant Job Responsibilities:

Client Interviews and Financial Diagnosis: Interviewing potential clients to assess their financial status and goals, exploring financial options, and developing financial plans and investment strategies.

Investment Portfolio Management: Monitoring investment performance, reviewing and adjusting investment plans according to client needs and market trends.

Insurance Planning: Recommending and arranging insurance coverage for clients.

Securities Trading Execution: Facilitating stock, bond, and other securities transactions for clients.

Strategic Investment Advice: Providing advice on investment strategies, sources of funds, and profit distribution.

Financial Goal Management: Setting financial objectives and devising strategies to achieve them.

Resource Referrals: Referring clients to other institutions for services outlined in their financial plans.

Key Documents for Submission:

Basic Required Documents:

Educational Proof: Degree certificates, transcripts (must be notarized or translated into English). If the degree is not directly related to the nominated occupation, a course description highlighting investment and financial-related courses is required.

Work Proof: Employer reference letter, which should include:

Company letterhead

Detailed job responsibilities (aligned with ANZSCO core responsibilities)

Employment dates (including month and year), position title, weekly working hours

Name and contact details of the direct supervisor (for background verification)

Pay slips / Social security records (for supporting evidence of job authenticity)

Additional Supporting Documents (strongly recommended):

Organizational Chart: Showing your position, your relationship with supervisors and peers (such as investment or finance departments), and the company name (matching the reference letter).

Professional Certifications: Any relevant certificates, such as:

Fund or securities qualification certificates (e.g., CFA, CFP, or international certifications)

Overseas financial licenses (if applicable)

Training Proof: Short-term courses in investment analysis or financial planning, company internal training records (must be translated into English).

Case Application:

Education: Master’s degree in Financial Management (meets the educational requirements).

Work Experience: 3 years as a corporate relationship manager, which should match responsibilities related to investment consulting (such as corporate finance advice, fund planning, etc.).

Minimum Requirement: 1 year of relevant experience within the past 5 years is sufficient for the assessment.

Recommended Actions:

Optimize Work Reference Letter: Highlight responsibilities related to investment consulting, financial planning, etc.

Ensure at Least 1 Year of Relevant Experience: Ensure that at least 1 year of experience from the past 5 years can be recognized as highly relevant.