The brokerage business of investment banks is generally divided into brokerage headquarters and business department. The brokerage business headquarters is responsible for the management and planning of the business department, and the maintenance and service of some important retail customers are the responsibility of the brokerage business headquarters.
2. Investment Banking Department
Investment banking department has always been the star department of securities companies. With its high-end professional image and high income level, many people are eager to enter the department that many students want to enter. Investment banking business is carried out by dividing multiple project teams, and the positioning between project teams is 3. Securities investment department.
Self-operated department is the business department where securities companies invest their own funds to obtain income. Because it is self-owned, brokers are less tolerant of self-operated losses than ordinary Public Offering of Fund. If they lose money, it will directly affect their income, which is greatly affected by the market and fluctuates greatly.
4. Asset Management Department
Asset management business department is the main department of securities companies, including operation management, product design, investment management and channel management. The requirements of the asset management department for investment managers and researchers are similar to those of the previous self-management.
5. Margin Trading Department
The margin financing and securities lending department is mainly responsible for the capital intermediary business, margin financing and securities lending, agreement repurchase and equity pledge financing that have emerged in recent two years.
The customer interface of this business is in the sales department, and it doesn't need to face customers directly most of the time. It is mainly responsible for promoting and managing this business in the sales department.
The core tasks include risk assessment, credit management, financing of assets and bonds, investment strategy design of financing and financing, risk control, etc. And large institutional customers also need to visit and maintain.
6. Fixed income sector
Generally speaking, it is the integration of investment banks and fixed-income self-operated parts to expand personnel. The fixed income department includes sales, trading, distribution and matching of fixed income products, and has different requirements for talents.
7. Ministry of Direct Investment
Direct investment is the PE investment department of securities firms. When the CSRC just opened the direct investment license, the difference between positioning the direct investment of securities firms and other PE and venture capital companies is to invest in projects that can be listed or delisted within 2-3 years to reduce investment risks.
8. Capital Market Department
Usually, after the investment bank reports the project materials to the meeting, the capital market department takes over the later work, including communication with the CSRC, communication with potential investors, inquiry, pricing and issuance.
9. Sales and Trade Department
The sales and trading department mainly provides research consultation and trading agency services for institutional customers through stock sales, bond sales, research report recommendation and fund sales.
The main customers are professional institutional investors, including funds, insurance companies, enterprise annuities, social security funds, large enterprises, QFII, QDII and so on.
10, OTC Marketing Department
OTC Market Department mainly provides services for unlisted stocks, equity and other financial products, mainly targeting the New Third Board market, regional equity trading market and brokerage counter market.
1 1, Institute
Research institutions are the core departments for investment banks to play a pricing role. Under the current global trend, the research department of investment banks is becoming more and more important, and it is also a department that is easily concerned by the market.
Its core function is to judge macro-strategy, while pricing various stocks and bonds.
12, Venture Capital Department
Risk control is the core department of securities firms. Although it is rarely heard at ordinary times, it holds the power of risk control in all business departments. Risk management is the core function of financial institutions, and risk control plays a very high role in securities firms. All businesses above a certain scale must be audited by risk control before they can take shape.