Quant vs Product - UK

Goldman Sachs
GSquant

Go to company page Goldman Sachs

BIO
senior quant, working at Goldman Sachs. Actively Looking for roles.
GSquant
Dec 30, 2021 3 Comments

I'm currently a Quant at Goldman Sachs (buy side) and looking to switch to product management roles in the UK. I have a product offer from a Startup with a similar TC, including equity.
I've been getting mixed suggestions from people in the industry, so would love some feedback from people who have done the switch. :)

PM Pros - better WLB, more ownership/responsibility, bonus component proportion is smaller.
PM Cons - Lesser pay in UK, not as many product firms in UK compared to US, starting career from scratch - YoE wise.

I really enjoy product work and see myself in big tech, preferably fintech being a finance SME, in the future. I'm also currently interviewing for a product role at a large crypto exchange.

TC £80k (~$108k), 4 YoE, Associate.

#product #productmanager #pm #QuantvsPM

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TOP 3 Comments
  • Apple
    KKDo67

    Go to company page Apple

    KKDo67
    What’s your day to day job like as Quant?
    Dec 31, 2021 1
    • Goldman Sachs
      GSquant

      Go to company page Goldman Sachs

      BIO
      senior quant, working at Goldman Sachs. Actively Looking for roles.
      GSquant
      OP
      Mostly supporting Portfolio Managers workflow - for trade idea generation, automated reporting, simulation/analytical tool building
      and sometimes systematic strategies/signals.
      Dec 31, 2021
  • Pretty much everyone is a business analyst in some form and has to do a certain amount of product work. 4 YoE you are not far off from VP, shouldn't just throw it away. GS has product roles that sit in the front office. Maybe consider that as a halfway jump as you prepare to take on a senior product role in tech. You can even consider having GS move you to NY, though I do not know how difficult the L1 to H1B switch is.
    Jan 3 0