Investment Manager, Life Science and Health Technologies

Victorian Government; Melbourne; On-site; AUD 116,000 - 141,000; Full time

Job summary

The Victorian Government seeks an Investment Manager to drive strategic investment across health technologies and medical research sectors. You will work with businesses, assess complex cases, and deliver evidence-based recommendations to maximise return on public investment.

This fixed-term role is based in Melbourne's CBD with potential flexible arrangements. Applicants from diverse backgrounds are encouraged.

Responsibilities

• Initiates and maintains relationships with internal and external stakeholders.
• Prepares technical reports at an advanced professional level.
• Develops briefs on highly complex issues and contributes to final options for decision.
• Initiates research and analysis within an area of expertise.
• Focuses on stakeholder issues and uses innovative thinking to influence developments.

Job description

Location: Melbourne - CBD and Inner Metro suburbs

Reference: VG/082048

The Department of Jobs, Skills, Industry and Regions is focused on growing Victoria’s prosperity, building the productive capacity of our economy and increasing participation – by creating more opportunities for people through skills and jobs; helping businesses and industries to thrive; and building vibrant communities and regions. For more information, see the DJSIR Strategic Plan 2023-2027.

Our work spans numerous portfolios, supporting departmental ministers and operating across metropolitan, regional and international offices.

The Department welcomes and encourages applications from diverse applicants, including First Peoples, refugees or asylum seekers, people from culturally and linguistically diverse (CALD) backgrounds, LGBTIQ+ people and people with disability. All roles at DJSIR can be worked flexibly and we offer reasonable adjustments for applicants with disabilities.

Investment Manager

• Salary: $116,413 – $140,849 plus superannuation
• Tenure: Fixed term up to 1.5 years
• Usual hours of work: Full time (flexibility may be available)
• Usual work location: 121 Exhibition Street, Melbourne (flexibility may be available)

The Role

As an Investment Manager, you will work directly with businesses across Australia to help them access government support, programs and expertise, contributing to Victoria's investment, innovation and job creation priorities. Working primarily across Victoria's health technologies and medical research sectors, you will collaborate across the Victorian Government Trade and Investment network to identify investment opportunities, engage industry stakeholders and support economic development. You will provide strategic oversight of investment proposals and portfolios, assess complex business cases and financial models, identify risks, and develop evidence-based recommendations to ensure public investment delivers intended economic and social outcomes.

Main Accountabilities

• Initiates and maintains relationships with peer and senior internal and external stakeholders.
• Prepares technical reports at an advanced professional level.
• Develops briefs on highly complex issues that provide options for discussion and consideration and contribute to the development of final options for decision.
• Initiates research and analysis within an area of expertise consistent with organisational objectives.
• Focuses on understanding stakeholder issues and uses innovative thinking and analysis to influence developments within the area of responsibility.

The Team

The position of Investment Manager forms part of the Investment and Engagement Branch within the Industry, Trade and Investment (ITI) group.

The ITI group works closely with businesses locally and globally to grow Victorian jobs, drive innovation and increase Victoria's international competitiveness. It promotes Victoria as a destination of choice for trade, international investment, international education and innovation, while supporting priority sectors, boosting trade and contributing to economic growth.

The Investment and Engagement Branch promotes Victoria as an investment destination and works with companies to attract and deliver investment projects. The branch manages the Department's investment pipeline, engages with domestic and international businesses with growth potential, gathers sector-specific business intelligence and identifies barriers to investment and growth. It also provides whole-of-government investment and business engagement project assistance, facilitation and investor relations support.

About You

You are a collaborative professional who builds strong relationships with internal and external stakeholders, guides others to share knowledge and works across teams to achieve shared outcomes. You bring strong business and commercial acumen, with the ability to assess business cases, identify opportunities to maximise value and return on investment, and contribute to sound investment decisions. You can build trust with partners, facilitate discussions, navigate differing perspectives and deliver quality outcomes. Experience in health technologies, life sciences or medical research is desirable, as is a tertiary qualification in arts, business, economics, commerce, public policy, international relations or a related discipline.

Further Information

For a confidential discussion, please contact Rebecca Bailey, Director, Strategic Sector Investment, at [e-mail] .gov.au.

The Department is committed to creating and maintaining a child safe organisation. We have zero tolerance of child abuse and are committed to taking the necessary steps to protect children from harm by adopting a preventative, proactive and participatory approach to child safety in accordance with the Child Safe Standards.

Successful candidates will be required to undergo a National Police Records Check prior to commencing employment with the Department.

For further information on the position, please refer to the attached position description.

Please note: We are committed to inclusive recruitment. If you require an adjustment to participate in any stage of the recruitment process or have a particular requirement to be communicated with by either telephone or email only, please notify the DJSIR Talent Acquisition Team on 0472 875 685, or via email at [e-mail] with the position number in the subject line.

Applications close at 23:59pm on 9 November 2026.