QuoteOriginally posted by: riskguruQuoteOriginally posted by: psibladeZXAn update...I (correctly) forecasted that there would be layoffs in credit risk tech where I was (layoffs happened in January '14). So in August of '13 I moved over to a risk control role which I was supporting before.Now I am basically doing busy work. I check the top counterparties' exposure movements for their validity. I basically run a macro I wrote in VBA to tell me that a specific group of trades is causing an exposure movement because of a change in status (which comes from a modeling change, a batch issue, or a booking issue).I am bored out of my mind and have been applying to any and every (proper) quant job I can externally. I graduated from my masters (one in math and one in economics) now almost 3 years ago (May of 2011). I'm starting to feel as if my skills are atrophying since I am not using any proper quant skill (no programming, no calculus, no stats, no econ).Can anyone suggest what my options are? I really want a job which requires the use of my brain (solving SDE/PDE, stat modeling, econ modeling, etc).Are my grad degrees now useless since I took the wrong jobs (first in IT and now in risk control)??What can I do now?cout<<"desperate"<<endl;cout<<"please help"<<endl;One of the most unfortunate pieces of advice that is constantly echoed in these forums is: If you are not good enough to be a desk quant go to risk! This guidance misrepresents the skill set required to be successful in risk (either as a necessary or a sufficient condition). Unfortunately, there are also many risk groups that are run this way (typically at the larger instituions) which creates the proverbial "match made in hell" that you are experiencing. I would suggest you look at smaller places (hedge funds/family offices??) that have the right perspective on the risk management process. Once you get there, stop wasting your time looking for the next great opportunity, put your head down and work! Trust me, if one of my guys is constantly looking for a way to move to the trading desk (or to another firm), I will be very sceptical about anything he tells me as a risk person and the likihood that he will be successful is low. Good luck.Interesting comment. It is so true that many people are always on the look out for the next great opportunity that is going to turn them in an FO BSD at Goldmann over night. But this is like chasing waterfalls. (And of course some of those who actually do become BSDs at Goldmann subsequently realise that its not for them anyway.)Most of the very successful people I know or have read about have approached whatever they were doing with a positive attitude, a desire to learn, hunger and a willingness to help others. Some of these people also start out in situations that might not seem to be ideal 'career paths', but they extract all of the marrow they can from those situations. Crucially other people notice these qualities and that is not just bosses but the whole '360 degrees'. In this manner virtuous circles can be built.In a nutshell, it is really important to balance dependability with flexibilty. Otherwise people will naturally question your descion making and resolve.