(I) Quantitative Research and Strategy Development
• Conduct quantitative research on fixed-income assets including treasury bonds, financial bonds, corporate bonds, convertible bonds, interbank negotiable certificates of deposit, etc. Construct and optimize core quantitative indicator models such as yield curves, spreads, duration, and convexity, and explore asset pricing patterns and market volatility characteristics.
• Conduct historical backtesting of simulated portfolios based on historical data in line with the company’s product development needs and existing investment strategies.
• Develop fixed-income investment strategies, perform dynamic backtesting and optimize strategy parameters in combination with market conditions to improve strategy effectiveness and implementability.
(II) Data Processing and Model Development
• Collect, clean, organize, and maintain fixed-income market data including market data, transaction data, credit data, and macro data. Establish a standardized data system to ensure data accuracy, completeness, and timeliness.
• Use programming languages including Python, MATLAB, and R to build quantitative analysis models, risk pricing models, and portfolio optimization models, and implement functions such as data visualization analysis, strategy backtesting, and performance attribution.
• Regularly maintain and update quantitative models, adjust and optimize them in response to model deviations and market changes to ensure the reliability of model outputs.
(III) Investment Research Support and Execution Assistance
• Provide quantitative analysis support for investment managers, including asset valuation, risk measurement, and strategy recommendations. Assist investment managers in formulating portfolio allocation plans to improve the risk-adjusted returns of portfolios.
• Based on the public financial information of bond issuers, provide credit analysts with pre-screened preferred results of various indicators, helping them efficiently complete the construction and maintenance of the bond pool.
(IV) Other Related Work
• Assist the FI CIO in various administrative tasks.
• Assist in completing other quantitative-related work assigned by the FI CIO, including report writing and cross-departmental collaboration.
Job Requirements
- Master’s degree in Financial engineering, Economics, Statistics, Computer Science or related field graduated from oversea, domestic 985 or 211 Project universities
- Minimum 2 years of quantitative research experience in FI team of FMC, AMC of insurance company or securities and WMC of commercial banks
- Proficient in programming languages and tools such as MATLAB, Python and so on
- Prefer candidates who have CFA or FRM certificate
- Deep understanding of mutual funds and FI products.
- Knowledge of China’s regulatory environment for asset management.
- Self-motivated, entrepreneurial, and able to work independently
