Dear all,I'd like to ask for info regarding capital adequacy roles in large banks. What exactly are they doing? I've seen that there is some relevance to quant roles but not a deep one.I'm asking since there is a possibility to move there while what I do for the previous year and a half is quant analysis & developing in a small hedge fund. I don't know if this would be a step forward or not.Thank you.

Capital adequacy covers everything from accountancy to sophisticated modelling. It has become heavily IT oriented with banks stuggling to get what thew regulators demand now , let alone the changes the regulators keep adding.As a job, it probably isn't a step forward for you, but it may be that being at the large bank swings it.How quanty the work will be is impossible for me to tell at this distance, without further info.This is one of those cases where money isn't just the objective, it is a signal.Your money at at the HF as a QD is probably a little below the market average (probably), so if they offer you only a bit (say 15%) more then it's basically an IT job where they want you to be able to read quantish stuff.At 25% I start to believe it has a significant Quant component.Also you need to get some clarity on your bonus. CA is not an area where bonuses will be an especially high % of your pay and CA/IT doesn't make that any better.So you need to look past the base, which will probably be higher.There's a bunch of "probably" in this of course.