I was thinking in the context of major banks, but all the replies have been interesting.what kind of organizations is being discussed in this thread please? banks?
I'm a quant with little managerial experience, myself.
With regard to smaller organisations (for example sports bookmakers), the head
quant typically does a lot of quantitative modelling/ development. But that doesn't seem to be the case
at the banks where I've worked, and the in-the-know replies on this thread seem to bear this out, and to
be quite a close match to what I would have guessed.
CommodityQuant