Page 7 - CCFA Journal - Fifth Issue

就业前景 Job Market
幻方量化也在抓住畢業生規劃重點轉變帶來的機遇。這家全國
最大的量化基金資管規模超過 100 億美元。執行長陸政哲稱，
幻化去年一年招了大概 10 位研究員，其中很多人在疫情期間放
棄了留學。上海明汯投資管理公司資管規模達 85 億美元，創始
人裘慧明稱，近年來聘請了 10 多位人工智能和自然語言處理專
家。
管理著約 77 億美元資產的靈均投資表示，公司的投資和研究團
隊計畫到年底將最高擴充三分之一，達到 140 人。
隨著金融公司的業務蓬勃發展，不止是對沖基金，全球業內也
在掀起漲薪潮。幾個月的時間裡，頂級投銀的起薪已迅速飆升
至六位數，甚至不包括獎金。
雖然對沖基金在幫助中國留住人工智能等重點領域的學生，但
高薪酬與習近平提倡的「共同繁榮」有些不搭。
層層選拔
九坤投資就在清華大學附近，公司對應聘者從編碼到統計等各
個方面進行測試，還要看學術研究論文。去年招聘了大約 10 名
應屆畢業生，有些在全國奧數競賽中獲獎的人還被拒之門外。
王琛表示，經驗更強的人才年薪能有 100 萬美元。公司還對高
層員工提供額外獎勵，例如一次性獎金 1,000 萬元人民幣或者
在突破性交易策略上利潤分成，從全球公司挖走人才更為輕鬆。
「如果我們認為人才可用，會不遺余力地招過來，」王琛表示。
工作節奏
在九坤投資的總部，Zhou 和他去年一起加入的同事 Nathan Lin
在實習的頭四個月，主要研究自然語言處理以及公司的現有研
究。
22 歲的 Lin 說，與其去跟客戶搞關係見面，代碼和工作就能說
明一切，這就是他喜歡的地方。他還表示，再加上九坤投資給
的工資更高，所以沒去字節跳動或者銀行。
工作節奏也很有吸引力。每天 10 點開始上班，工作一個半小時
就到了午休時間，還能趴在辦公桌上小睡一會兒。下午 1 點又
開始上班，寫寫代碼和來一場頭腦風暴，一直工作到晚上 7 點
或 9 點再去健身房。他們還經常在辦公室跟同事們打打乒乓球。
Zhou 表示，自許是怪胎的人在這裡很自在，只要還能學習，他
就會繼續待著。
CCFA JOURNAL OF FINANCE
加中金融
Zhejiang High-Flyer Asset Management is also capitalizing on the
changing priorities of graduates. The country’s largest quant fund
managing more than $10 billion hired about 10 researchers over the
past year, many of whom gave up overseas studies amid the
pandemic, according to Chief Executive Officer Simon Lu. Shanghai
Minghong Investment Co., which manages $8.5 billion in China,
hired more than 10 experts in artificial intelligence and natural
language processing in recent years, according to founder Qiu
Huiming.
And Lingjun Investment, which manages about $7.7 billion, plans to
expand its investment and research team by as much as a third to
140 people by the end of the year, the firm said. It plans to boost
spending in the area, including salaries, to about 1 billion yuan in the
15 months through March next year, up from an annual average of
between 200 million yuan and 300 million yuan in the past three
years.
China’s private quant funds have been facing a persistent shortage
of new talent since 2018 amid the industry’s expansion, pushing up
salaries, according to Eric Zhu, Shanghai-based head of financial
services at recruiter Morgan McKinley.
The higher wages are in line with a broader global trend that goes
beyond hedge funds, as business at financial firms is booming. In the
span of a few months, entry-level salaries at top investment banks
have quickly shot up into six figures, even before bonuses, as
executives responded to a rebellion against the demands of Wall
Street life sparked by a damning presentation from a group of first-
year analysts at Goldman Sachs.
High-Flyer’s investment and research team now numbers almost
160, Lu said. It already includes Olympiad gold medalists, experts
from internet giants and senior researchers from global rivals. He
expects the mix of young scientists and top talent from Wall Street
to inspire each other.
Vigorous Selection
Stationed near China’s prestigious Tsinghua University, Ubiquant
tests people on everything from coding to statistics and examines
their academic research papers, hiring about 10 fresh graduates last
year.
Wang says he has offered more experienced hires salaries of $1
million a year. The company also gives extra incentives to top staff
like one-time bonuses of 10 million yuan or profit sharing from
breakout trading strategies, as he gets more comfortable poaching
talent from global corporations.
“If we think someone is worth hiring, we will try to hire them,
sparing no efforts,” said Wang.
Work Pace
Back at Ubiquant’s headquarters, Zhou and his colleague Nathan Lin,
who both joined last year, focused on studying natural language
processing and the firm’s existing research for the first four months
of their internships.
“I like the fact that your code and work speaks for itself,” instead of
having to socialize and meet clients, said 22-year-old Lin, adding that
this combined with the better salary offer from Ubiquant was the
reason he joined the company instead of ByteDance or a job in
banking.
The work pace also appeals. Starting at 10 a.m. every day, they work
for an hour and a half before heading for a lunch break and getting
a quick nap at their desks. They resume at 1 p.m., writing codes and
brainstorming strategies till about 7 p.m. or 9 p.m. before hitting the
gym. Often they’ll play ping pong in the office with other colleagues.
“Working here matches the spirit of being a self-branded geek,” said
Zhou. “As long I’m still learning, I’ll be staying on.”
October 2021
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