'Strats' – strategies experts – who have the breadth to straddle both programming and mathematical finance are proving difficult to find for big banks such as Goldman Sachs, Deutsche Bank and Morgan Stanley. The new jobs will be in areas that include "data science and analytics" and "artificial intelligence", according to a job posting on LinkedIn.
'Strats' – strategies experts – who have the breadth to straddle both programming and mathematical finance are proving difficult to find for big banks such as Goldman Sachs, Deutsche Bank and Morgan Stanley. While strats roles differ from bank to bank, it is noted that firms' focus has evolved from seeking those with specialised skill sets in modelling risk and pricing analytics to searching for people with artificial intelligence, machine learning, programme management and digital product design as well as quant sciences capabilities.