Originally Posted by Reevolving
So, you want to leave finance to sell lanterns? (Yes, I am being intentionally obtuse)
In a word, yes. Work for a startup that sell lamps. I would work as their sales lead, basically driving their bulk sales across india and africa. There will be room for some really creative thinking, starting up some sort of micro-financing programs for the poor, establishing partnerships with other organizations to help with our distribution channels, possibly participate in negotiations with VC funds for potential investments, etc etc. Plus, the real challenge is to do this at the ground level in India, build a team and manage it, and to basically create our own distribution channel in a country where its not all that easy.
Also, what do you not like about "risk"
My experience with risk so far has mainly been to do various risk management system implementations for clients and usually this means dealing with the corporate risk group of the company. From what I have seen so far, no one really gives a shit about the corporate risk group. The traders certainly don't care, as they have their own risk managers looking after them. On top of that, its a fairly boring part of finance to begin with.
Do you use a lot of your quant math from your MS?
No....not using much math right now. Mostly a lot of bullshit client management work, supporting the system, and writing code.
Or are there many diff. calibers of "risk" people?
I believe there are different calibers, but it all depends on the leverage the risk group has within a firm. At some places, they actually are considered valuable while at others, the risk group is just a way to show some sort of compliance and get better credits ratings.