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Finance expat in Shanghai

I am an investment analyst in the USA and I am hoping to transition my career to China. From what I have read, it looks like Shanghai is the finance center of China. My two concerns are that right now I can't job search from inside China, and my Chinese language skills are poor. I have studied the language, but my CFA studies have monopolized all my time outside work. I take level 3 of the CFA exam in June, so if I pass, I can devote a lot of effort into studying Mandarin.

Have any of you seen finance expats in Shanghai that cannot speak business level Chinese yet?