In recent years, with the development and reform of the industry, securities companies have entered the battle for talents again. The latest data show that the number of employees in the securities industry once again stands at 340000.
And that’s far from the ceiling. According to the reporter, in order to vigorously develop wealth management, securities companies continued to spread “hero posts” in 2022, and some even said “there is no upper limit on the number of people and recruit talents”. In order to reserve talents, leading securities companies have targeted graduates in 2023.
the number of securities practitioners increased by nearly 8500 in the past year
investment consultants are the most popular
In the past year, while actively transforming the securities industry, it has also opened a vigorous competition for talents. According to the data of China Securities Association and China stock market news choice, as of January 22, 2022, there were 343000 employees in the securities industry, an increase of nearly 8500, or 2.54%, compared with 334500 in the same period last year. This is also another 340000 mark after 2018.
In terms of securities companies, the number of employees of the five securities companies exceeds 10000, namely Citic Securities Company Limited(600030) 12900, Gf Securities Co.Ltd(000776) 11400, Guosen Securities Co.Ltd(002736) 11300, Guotai Junan Securities Co.Ltd(601211) securities 10900, and China Securities Co.Ltd(601066) securities 10400. In addition, China Galaxy Securities Co.Ltd(601881) securities, Founder Securities Co.Ltd(601901) , China Merchants Securities Co.Ltd(600999) have more than 9000 employees.
Behind the surge of employees is the trend of wealth management transformation of securities companies. The data show that among the 8500 new practitioners in the past year, they are mainly investment advisers, while securities brokers are shrinking rapidly. A year ago, the scale of investment advisers was still smaller than that of securities brokers. By the end of the year, the number of investment advisers had far exceeded that of securities brokers, reaching 68900, an increase of more than 7400 over the end of the previous year. In the same period, the number of securities brokers decreased sharply by more than 10000 to 55000.
During the interview, many securities companies stressed that they would also vigorously compete for investment consulting talents in 2022. Huang Haiwen, deputy general manager of the securities Human Resources Department of the Federal Reserve, analyzed that in order to achieve high-quality development and turn from channel intermediaries to professional financial service institutions, securities companies need to gradually get rid of their dependence on transaction commissions, provide more mature financial services, and transform to wealth management has become the consensus of the securities industry.
The relevant person in charge of Founder Securities Co.Ltd(601901) revealed that there was no limit on the number of private wealth consultants. ” Founder Securities Co.Ltd(601901) has fully launched the national recruitment of private wealth consultants at the beginning of this year. Private wealth consultants will focus on the comprehensive financial needs of high net worth customers and build an industry-leading and distinctive private wealth management elite team.”
Since January 2022, the official websites of many securities companies, including CICC and founder, have successively released recruitment information, and the positions related to investment advisory business are still the focus. For example, China International Capital Corporation Limited(601995) , social recruitment involves more than 130 positions in business lines such as investment banking, stock business, fixed income, wealth management, asset management, private equity investment, research, information technology and functional management departments. Among them, the wealth management business needs the most talents, more than 22 positions. In addition, stock business, information technology, investment banking There are also more than 10 asset management jobs.
asset management talents become the key
securities companies start cross-border talent grabbing mode with an annual salary of one million
On the basis of vigorously developing investment consulting talents, securities companies are also vigorously excavating asset management talents, which is the key to the ultimate success of the wealth management transformation of securities companies.
Everbright Securities Company Limited(601788) said that in recent years, with the continuous promotion of industry innovation and the requirements of high-quality development, Everbright Securities Company Limited(601788) gradually expanded the scale of compound talents and cultivated the competitive advantage of human resources of the company. For example, the company expects financial technology backbone talents who can combine the cutting-edge theoretical knowledge of financial technology with financial practice, and modern investment banking talents, financial derivatives talents and institutional sales talents who are good at comprehensively controlling various financial instruments such as stocks, bonds, loans, investment and leasing to join Everbright Securities Company Limited(601788) .
Although the official website did not disclose the salary level, it is not difficult to find from the third-party recruitment website that the positions of fund research and fund strategy have quietly become the popular positions with an annual salary of one million in securities companies.
According to the public information of liepin.com, a large securities company recruits fund investment consulting talents with a monthly salary of 30000-60000 yuan and a salary of 24 months a year. Based on this calculation, the annual salary is between 720000 and 1440000 yuan. Another attractive condition is that the working years only need to be more than 3 years.
Insiders said that since 2021, with a number of fund companies and securities companies obtaining the pilot qualification of investment advisory business, all institutions are actively preparing for the war, securities companies are thirsty for talents, and the demand for relevant talents in the fund industry has surged.
In addition to fund investment advisers, fund research talents matched with them can also easily reach an annual salary of one million. Liepin.com information shows that the wealth management department of a listed securities firm in Shanghai recruits talents for fund product research, with a monthly salary of 40000 to 60000, a salary of 20 months a year, and working years as low as 1-3 years, which means that young people who work for only one or two years can earn millions a year.
However, even if a tempting annual salary is given, talents with fund research experience are “not available”. The fof fund manager in the fund investment advisory business is “difficult to find one person”. It is understood that the annual salary of fof fund managers in the wealth management department of a head securities firm in Beijing is at least more than 2 million, but so far there are only two employees.
head securities companies have begun to “aim”
2023 graduates
In addition to large-scale social recruitment, many securities companies have begun to lock in outstanding graduates in 2023 through interns.
On January 20, CICC, which is famous for its high salary, started the spring recruitment. The recruitment project is the summer internship recruitment in 2022. The recruitment object is full-time college students who graduate from the second half of 2022 to 2023. CICC’s opening this time includes 104 posts in 19 departments, including investment banking, fixed income, risk management department and stock business department, with the largest number of posts in three years.
It is rumored that the employment rate of this summer internship is as high as more than 80%, which makes many fresh students flock to it. According to insiders, in the autumn recruitment season of 2021, only 450 people entered CICC, and the elimination rate in the online application stage alone reached 56%. The reason is that more than 80% of the posts are retained by summer internships.
CICC is one of the few securities companies in China willing to recruit undergraduate graduates. For other securities companies, the requirements for interns must be above master’s degree. At the beginning of January, China Securities Co.Ltd(601066) released the recruitment announcement of interns in the cold season on its official website. For the fresh graduates with master’s degree or above from Chinese colleges and universities who graduated in the spring and summer of 2023, and the fresh graduates with master’s degree or above from foreign colleges and universities from September 2022 to August 2023, it involves many departments such as fixed income, asset management and securities finance, as well as subsidiaries such as China Securities Co.Ltd(601066) fund and China Securities Co.Ltd(601066) capital.
The campus recruitment of “first brother of securities firm” in 2022 has been completed in January. At present, only the investment banking department of the headquarters has opened internships.
