Intern Investment Banking

Zefeng Huang

213-***-**** adwmdi@r.postjobfree.com **** Wilshire Blvd Apt 735, Los Angeles, CA (90017)

CORE COMPETENCIES

Programming: Python, R, STATA, Matlab, SQL

Modeling: Black Scholes, Fixed Income, Monte Carlo Simulation, CAPM, Linear Algebra, Financial Modeling, Linear Regression Publication: Does Internal Control Reduce Firms’ Stock Price Crash Risk, 2021 3rd International Conference on Economic Management and Cultural Industry

EDUCATION

University of Southern California Los Angeles, CA

Master of Science in Financial Engineering Sep. 2022 – May 2024

Coursework: Mathematics and Tools for Financial Engineering, Probability for Electrical and Computer Engineers

Shanghai University Shanghai, China

Bachelor of Economics in Finance Sep. 2018 – Jun. 2022

Coursework: Probability Theory and Mathematical Statistics, Calculus, Linear Algebra, Financial Engineering, Python for Financial Data Analysis, Financial Engineering Modeling and Analysis, Financial Economics, Microeconomics, Macroeconomics, and various Economical and Financial courses

WORK EXPERIENCE

HAITONG Securities Co., Ltd. Shanghai, China

Intern, Bond Financing Dept. Jul. 2021 – Aug. 2021

Preparation of Prospectus

Computed market share and compared competing companies by calculating sales; analyzed company competencies using Michael Porter’s Five Forces Model

Analyzed company’s competitive moat by comparing competitors’ products, major clients, and techniques via various information sources

Identified company systematic risk by reviewing debt, asset, cash flow, and other statement information

Summarized company shareholding, investigated actual controller, related parties and affiliations, understood financial and operational management

Validated company’s 1-year cashflow statement, inspected data effectiveness and veracity

Screened individual and company capital flows to identify internal circulation, visualized in VBA

YING DA Securities Co., Ltd. Shanghai, China

Intern, Investment Banking Division Jul. 2020 – Aug. 2020

Assisted team to help clients with financing, securities issuance and underwriting, mergers and acquisitions, and restructuring

Compiled Copyright Market and related Legal Regulations Report

Learned company financial advisory services in the primary market; participated in internal seminars, learned the key points and basic process of company listing

RESEARCH EXPERIENCE

The Publication of Paper “Does Internal Control Reduce Firms’ Stock Price Crash Risk” Apr. 2021 – Jul. 2021

Measured the negative impact of internal controls on the risk of stock price crashes

Hypothesized that “internal control was more significant in smaller firms” and “the effect of internal control on stock price crash risk was smaller in firms with lower institutional involvement” with the induction according to the published paper

Regressed internal control index, company capital, earnings, debts, assets, with stock price crash risk index to test the correlation and test it with through heterogeneity analysis and mixed effects model

Trading Strategies & Tools Mar. 2021 – Jun. 2021

Merge Arbitrage Strategy

Estimated probability of merger and acquisition by both qualitative analysis and quantitative analysis

Collected company information and data from various information sources, valuated company using PE, PEG and PB methods

Long/Short Equity Strategy

Selected stocks by analyzing fundamental and financial statement data, such as PE ratio, ROE, ROA, EBITDA

Learned the core knowledge and operational skills necessary to invest in hedge funds, and simulated stock trading with selected stocks OTHERS

Shanghai “Challenge Cup” Innovation & Entrepreneurship Competition, Bronze Award

Developed listing process for a hypothetical medical pulmonary aspiration technology company

Acted as the financial manager to analyze company's operating costs and benefits, financing channels

Worked with relevant departments to develop the company's strategy based on the company's own competitiveness

Interests: Soccer, Badminton, Marathon, Swimming

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