Portfolio Manager

Most occupations in this unit group have a level of skill commensurate with the qualifications and experience outlined below.

In Australia:

• Bachelor degree or higher qualification. At least five years of relevant experience may substitute for the formal qualification (ANZSCO Skill Level 1)

In New Zealand:

• NZQF Diploma, or at least three years of relevant experience (ANZSCO Skill Level 2)

In some instances relevant experience and/or on-the-job training may be required in addition to the formal qualification.

Registration or licensing is required.

• 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 strategies for achieving the financial objectives
• managing funds raised from personal superannuation savings policies and unit trusts
• assisting in meeting superannuation compliance requirements
• directing the collection of financial, accounting and investment information and the preparation of budgets, reports, forecasts and statutory returns
• may refer clients to other organisations to obtain services outlined in financial plans