If you want to rush into the financial industry now, then your ideas are really following the trend. The leader discovered that major cities are fiercely competing for high-level financial talents, offering money, housing, and account registration. In addition to rich leverage financing experience, excellent knowledge, and excellent liaison skills, CFA learning experience is also valued. The positions with the best benefits in the next six months are also slowly emerging.
1. Analyst, investment bank
Investment banking analyst is really a good starting point for a career. Many people want to go there. If financial practitioners were to choose one most popular position every year, it would definitely be an investment banking analyst.
Adm-ADVERTISEMENT
ADVERTISEMENT
The work of investment bank analysts is relatively high-level, including IPO, additional stock issuance, investment and mergers and acquisitions, structured financing, and some consulting services. Just one of these jobs can bring a lot of income. Of course, investment bank analysts also work very hard overtime, but why do they still flock to it? Naturally, it is directly related to the enviable welfare benefits.
Investment banks travel a lot, but the one-stop service of five-star hotels, first-class cabins, and Mercedes-Benz executive cars will make you “tired but happy”. I get red envelopes during holidays, my parents have insurance, and the year-end bonus can easily amount to dozens of months’ salary.
2. Securities analysts, fund management companies
Stock analysts can study both buyer’s and seller’s markets. Buy-side analysts report to fund managers and identify potential investment opportunities. Sell-side analysts help investment banks decide which companies are suitable for listing. These analysts are mainly in insurance companies, regional or local banks, pension funds, and independent fund managers.
Being a securities analyst in a fund company is not as cool as being an analyst in an investment bank. Many people often confuse the two professions. However, China’s fund market is getting better and better, and people’s desire to invest in funds is very strong, which has also made the value of analysts of fund companies rise.
3. Investment Analyst, Leveraged Finance Department
An investment analyst in the leveraged finance group focuses on direct investments and is somewhat similar to an entry-level private equity position, focusing on the middle market. It is based on corporate merger activities and uses the acquired corporate assets and future profitability as collateral. Therefore, this position requires impeccable knowledge. Applicants are expected to study for CFA and have 1-2 years of leveraged financing experience. .
Because of the use of leverage, any risks and returns will be magnified.
Work intensity: average working 60+ hours per week. Salary level: average RMB 300,000-2 million.
4. Corporate financial analyst, asset management company
Working as a corporate financial analyst at an asset management company is a bit like working in an entry-level position at an investment bank, but this position will enjoy the benefits of more attention in the future. Because asset management companies have never been so focused on businesses.
Corporate financial analysts who focus on the transportation industry, infrastructure construction industry, and real estate industry are being competed by asset management, funds, and investment banks, which has increased their salaries by at least 10 percentage points.
5. Stock analysts, buyer’s market
Stock analysts have always been a popular position, especially buy-side research positions. Stock research focusing on the market has always been the favorite thing of asset management companies and fund companies. Especially in the past two years, many asset managers focusing on emerging markets have emerged. The company needs a large number of stock analysts.
This position requires a master’s degree or CFA qualification certificate and at least 2 years of work experience. Research positions are currently very scarce, and various institutions are increasing benefits and benefits to attract talents.
6. Investment Manager, Investment Banking Department of Commercial Bank
Since commercial banks have their own financial markets departments and investment banks, this position has become more and more popular.
Adm-ADVERTISEMENT
ADVERTISEMENT
Many analysts and investment managers from securities firms want to work in the investment banking department of a bank. The main reason is that banks have their own funds, which can be used to invest in stocks, bonds, and even participate in mergers and acquisitions. This is happier than those small securities firms that are looking for funds everywhere. Too many. On the other hand, banks lack talented investment managers and hardly need to advertise. Don’t you understand the bank’s welfare benefits?
Work intensity: average working 50+ hours per week. Salary level: average RMB 300,000-1.2 million.
7. Junior expert in private equity, private equity fund
Entry-level private equity jobs are proving extremely popular and highly competitive. This is a junior position from a private equity fund. Of course, there are only a few big names in China’s private equity field. China’s capital market has begun to accept the emergence of private equity financing and has gradually become an important means of financing.
Impeccable investment knowledge is indispensable, plus a CFA certificate, or two years of work experience in the investment banking field.
8. Traders, brokers
Only the self-operated business of a securities firm can have traders, at least that is the law.
The sales and trading department of a securities firm is where traders work. In the secondary market, the sales and trading department is the most important department. The role of a trader is to match up the two parties to the transaction, make transactions between the two parties happen, manage customer relationships, provide trading channels, and earn commissions, which is somewhat similar to the function of a broker.
9. Fixed income position, securities firm
The underwriting position and underwriting position of the fixed income team of a securities firm. The underwriting position is a technical type of work, which will give you a deeper understanding of the nature of bonds. Of course, it will be of great benefit to future bond investments. Future promotions and salary increases will be compared. quick. The underwriting position is mainly to sell the bonds you make. Only by selling the bonds can you get the underwriting fees. This is the place where the strength of a brokerage is most tested.
10. Risk manager, private equity fund
One of the things investors are most concerned about is investment income, and the other is risk management.
Private equity funds will be more sensitive to risk management requirements. They use everyone’s money, and they can’t lose money even if they don’t make money. Therefore, they are extremely hungry for high-quality risk management talents.
A risk manager mainly checks whether the important parameters of the product are appropriate, keeps an eye on the transaction to prevent any trouble, calculates a lot of indicators, issues a risk control report, and then counts positions, stress tests, etc., which requires relatively professional skills. .
Adm-ADVERTISEMENT
ADVERTISEMENT
