When Sergei Perfiliev left Goldman Sachs after four years in May this year, he offered some thoughts on his career on his Twitter account. Working as a quant isn’t quite as glamorous as you might think, said Perfiliev. Firstly, it’s not all about modelling: as a quant your main responsibility is “to help traders calculate prices and risks of their books correctly.” If this is done wrong it becomes a point of obsession for the whole team – even at 1am. Perfiliev said getting the numbers right can be simple, but it can also involve, “a few hours or […]
