Is Risk Quantitative Analysis at BlackRock a difficult position to break into if you are not a quantitative or hard science major and is it a front office role? Can they transition into portfolio management down the line? How well compensated are they in relation to standard IBD? What can I do as a Finance major from a non-target?
I fished around for information and all I can find is that many of them come from target schools and have engineering backgrounds. But I'm assuming what they're doing is related only to calculating risk on certain investments made by portfolio mangers.. They're not actually making the trade themselves. So does that mean that they're not as well compensated in comparison to portfolio managers?
