1. Zhaofeng Xu
8201 16th
Street #619 n Silver Spring, MD 20910 n (240) 467-6301 n zhaofeng.xu@rhsmith.umd.edu
EDUCATION
Robert H. Smith School of Business, University of Maryland, College Park, MD December 2015
Master of Finance CFA Level II Candidate GPA: 3.7/4.0 GMAT: 710
§ Econometrics Project: Led a team of five; extracted 4000 financial records from Bloomberg;
performed data analysis with SAS to develop regression model estimating PE ratios for stocks.
§ Quantitative Investment Project: Created three datasets from databases; merged datasets and conducted
fundamental factors model using SAS and MATLAB; estimated 15 factor premia and back tested model
with out-of-sample forecasting.
§ Applied Equity Project: Analyzed and projected future cash flows for two companies with EIC frame;
assessed intrinsic value of the stocks with DCF model to recommend investment strategies.
International Business School, Jinan University, Guangzhou, China 2014
Bachelor of Science: Financial Engineering GPA: 3.85/5.0 (Top 5% )
§ Winner of National Mathematical Contest in Modeling: Steered team of three; processed data and
designed two financial models with MATLAB; finished proposal on optimal medical expenses
according to results of models; awarded national 3rd Prize.
§ Leader of Organizing Committee of Business Elites Competition: Supervised team of twelve and
organized five competition segments; promoted sponsors business in mobile applications by 30%.
§ President of Publicity Department in Student Unions.
PROFESSIONAL EXPERIENCE
Reliance Funding, Inc., Chevy Chase, MD 2015
Research Analyst
§ Conduct market research for payments transfer cases to locate potential customers; input and maintain
Salesforce database with searched information; track updates and retrieve records with SQL.
§ Support underwriting of structured settlement transfer transaction by analyzing competitors’ spread
and discount rates; manage average 30 customer transaction accounts per day.
§ Calculate NPV of customers’ remaining payment streams and recognize three potential large
investment opportunities over $250K in value.
Manzi Fund Management Company, Beijing, China 2015
Financial Analyst Intern
§ Conducted investment research to evaluate feasibility of average $300K funding for 30 startups, by
reviewing business plans, collecting company data and evaluating industry structure.
§ Developed comparable analysis for startup research process and presented investment worth $600K
for Fund of Funds; allowed investors better visibility into startup company value.
China Construction Bank, Shijiazhuang, China 2014
Risk Analyst Intern
§ Assessed corporate credit ratings for five companies by inspecting financial statements, investigating
operating conditions and examining VaR analyst.
§ Interviewed managements boards of customers and drafted five credit rating reports; brought about
approval of loans averaging $300K in value.
Deloitte Touche Tohmatsu CPA Ltd. , Guangzhou, China 2013
Audit Intern
§ Facilitated in documenting100+ annual financial statements by implement AS/2 system; revamped
financial data for five clients to ensure compliance with accounting standards and validity of
transactions in ledgers.
§ Enhanced efficiency of auditing processes by sending and receiving roughly 100 confirmations to
banks, companies and partners with business contacts, then verifying authenticity of contents.
ADDITIONAL INFORMATION
§ Member of China Youth Volunteers Association
§ Computer Skills: SAS (Certified Advanced Programmer), MATLAB, Excel (VBA), SQL, Bloomberg
§ Other Language: Mandarin (Native)