Careers

First Plus is a licensed asset management firm deeply rooted in Asia-Pacific, with a strategic focus on the Asia-Pacific region. Grounded in fundamental research and shaped by both eastern and western perspectives, we have developed a distinct investment philosophy forged through market cycles and real-world complexity.

This role is a core member of the firm's investment strategy team. The position carries primary responsibility for building and continuously refining the firm's asset allocation analytical framework, encompassing both Strategic Asset Allocation (SAA) and Tactical Asset Allocation (TAA). Responsibilities span systematic monitoring of macroeconomic conditions, policy environments, and multi-asset markets, alongside quantitative modelling and in-depth research, with the goal of producing forward-looking allocation strategies and investment recommendations.

Key Responsibilities

• Independently design, develop, and continuously enhance the firm's SAA and TAA analytical systems. Apply mainstream methodologies including Modern Portfolio Theory, mean-variance optimization, the Black-Litterman model, and risk parity to translate theory and investment logic into executable quantitative strategies, establishing allocation models that balance long-term objectives with dynamic short-term adjustments.
• Systematically track domestic and international major asset classes and macroeconomic performance; lead the build-out and maintenance of macro and multi-asset monitoring systems; establish and continuously optimize a core database and quantitative analytical model framework spanning macro, market, and fundamental dimensions to enable dynamic assessment of economic cycles and market conditions.
• Regularly produce quarterly/annual strategic outlooks, monthly tactical recommendations, and thematic research reports to provide clear support for decision-making. Conduct scenario analysis, stress testing, and back-testing on allocation proposals to evaluate risk-return characteristics, and present findings professionally to the Investment Committee and senior management.
• Work closely with quantamental modelling, portfolio management, and product teams to translate asset allocation research into investment strategy inputs and product narratives; participate regularly in Investment Committee meetings to present macro views, asset allocation recommendations, and style rotation insights, supporting the firm's overall investment framework.

Qualifications & Requirements

• Master's degree or above from a reputable domestic or international university in Finance, Economics, Statistics, or a related field; CFA / FRM designation is a plus.
• 3–5+ years of hands-on experience in asset allocation, portfolio management, or FOF/MOM research at an insurance company, large asset management firm, bank, or public fund; solid theoretical grounding in macroeconomics and asset pricing; demonstrated track record of independently building or meaningfully contributing to SAA/TAA frameworks.
• Ability to independently conduct multi-asset backtesting and scenario analysis; proficiency in Python, R, or MATLAB.
• Strong logical reasoning and market intuition, with the ability to translate complex macro analysis into actionable investment insights.
• Strong bilingual communication skills in Chinese and English; able to read overseas research reports fluently and write or present research findings in both languages.
• Strong cross-functional collaboration and communication skills; adaptable to a research-driven, fast-paced, and innovative work environment.