Opportunities for FO pricing quant

Feb 27 7 Comments

What #quant (or even tech) jobs can you move to as a traditional derivatives pricing front office quant in a bank to grow TC?

Usually we are halfway decent C++/python coders but not great. Also don't really use stats/ML. Mostly use stochastic calculus and probability. Don't really handle large data sets.

What kind of job would want you and where is skillset most transferable?

TC: $175k
YOE: 2.5

comments

Want to comment? LOG IN or SIGN UP
TOP 7 Comments
  • Amazon
    Chadazon

    Go to company page Amazon

    Chadazon
    Just lean on the coding skills to get a generic sde position. I was a quant too and never really use my derivative skills. Now I'm an ML engineer.
    Feb 28 5
    • Amazon
      Chadazon

      Go to company page Amazon

      Chadazon
      Not necessarily. The leads/principals who are building the algos could easily clear 1mm/yr just like a senior pe in tech. It's probably equally tough to get there. A FO quant working on a team that's making models for regular OTC derivatives won't be paid that much.
      Feb 28
    • New
      rc14

      New

      rc14
      Hmm, this is news to me. Where did you work, if you don’t mind me asking?
      Feb 28
  • Amazon
    Chadazon

    Go to company page Amazon

    Chadazon
    Another thing to add. You have the calculus and linalg background to be an ML engineer. Just take some online courses on ml. Don't be too picky about your first role in faang, just get in the door and grow from there.
    Feb 28 0