<t>I prefer to think of middle office quants or risk quants than FO model validation quants these daysRegulation is becoming more complex and regulatory compliance optimization is a new area for model generation that are not produced by the front office.i'm thinking HQLA management optimization, cas...

<r>100% typical bonus for FO quants? That is sooo 2006 :-)Try more like 100% for outperformers (top 5% in a dpt), 50% average, 0 for underperformers. So vs 30-40% in model val on average (with a lot less volatility y/y and a more stable job outlook) the gap is actually a lot closer.A friend of mine ...

<t>A client is asking to fix his swap rate today but have the flexibility to start his swap when he first draws down on his loan, a few weeks, months later. I know many price this without a model, basically calculating the potential deviation of the forward level from the current spot level using a ...

<t>you should link your caplet skew to your swaption skew. Your caplet vols are essentially the "first collumn" of your swaption vols. its the 3m underlying. (if we are talking about 3m caplets). you then follow with 1y 2y.. underlying swaption data.Your capfloor skew should therefore be in line wit...

<t>Have bonuses become so bad that you would prefer to quit a front-office job with still potential upside and go back to school? The buy-side is not as rosy as it seems these days with increasing regulatory focus and increased costs associated to it. Most small shops days are numbered and big shops...

<t>Hi guysjust a quick update on my career path: 8 years of rates derivatives trading, made redundant in 2011 and moved to be a rates market risk manager in Singapore. Adaptation was tough, at the beginning i tried moving back to trading of course, but over a period of more than a year i stil hadnt ...

i live a 10min drive from the city centre (east coast) i rent a 4 bedroom penthouse (3000sq feet) for 5200 SGD. Try to get that in NY!

<t>HK is definitely a more advanced Financial Hub, especially if you are in Rates/FX (like me) However, as i pointed out, lyfestyle wise, Singapore beats it at the moment (more space, cheaper, more things to do around) i think we can all forget about bonuses for the next few years so quality of life...

<t>you forgot great weekend getaways - cant wait to be Surfing in Bali next week for CNY! i moved to Singapore almost two years ago, from a trading job in New York to a risk job in Singapore. (MIT should remember, she encouraged me to do it! ) i have to say the picture is mixed:+great place if you h...

<t>I love reading these posts... Have you actually started looking for a job in finance right now? Before you ask questions about what you would LIKE to do, my advice is try to get a job first.. anything really. This market is as empty as it gets. I have a friend with 7 years of trading experience, ...

<r>How can I put this simply...: "THERE ARE NO JOBS!!" you ARE a good candidate, its just that there is nothing at all out there, niente, nada. this market sucks.. gotta deal with it! :-)PS: from what you are saying, it seems you are only looking for a job in finance for the fat paycheck expectation...

<t>I was made redundant in Trading in June Last in NY. I looked around for three month before I finally found something in Market Risk in Asia. Two of my colleagues were laid off at the same time, took some time off, started looking for a job back in NY and the UK and... are still looking. it is the...

i'd go with FAKES!its called boosting your CV portfolio before the new year begins!

<t>Many HH say it will... many front guys say it won't.....so will the front start hiring again despite the euro fears or will most of the hiring still happen in support departments? or neither? or both? ... a bit of an open question for the quiet days between Christmas and NY...!Season's Greetings ...

yes i mean par rates by spot rates. so you are saying the shape of the curve has no influence?