Still Demand for Quants and Risk Managers

Quants are still in demand. So says a recent Financial Week article about the current state of quant-as-career.

While many of the jobs previously available with the structured credit desks at I-banks have evaporated, risk management is a growth area at pension funds, hedge funds and mutual funds. Investment banks may also need people to price CDOs or assess counterparty risk.

For new graduates of quant programs, the article acknowledges that it is a tough environment, but sees signs of hope. Carnegie-Mellon's future grads are about 69% placed, while NYU is running at about 55%.

GlobalRiskJobs is still showing opportunity for quants. Current openings for quantitative risk modellers, first tier quant support professionals, senior hedge fund risk analysts, and options trading risk managers are among the 2,000+ listings on the site.