I have seen some discussions on this form regarding the market risk analyst role in an investment bank. I was wondering what the exact difference is between a market risk analyst and a markt risk quant? From what I understand, market risk analysts their main responsibility is analyzing the risk profiles of the trading books by looking at risk measures such as VaR, the Greeks etc. I then expect that market risk quants their responsibility is development and maintenance of the market risk models. Hence, the market risk quants develop and monitor the models that are used by the market risk analysts.
Can someone give me more insight? Furthermore, to what extend are market risk quants exposed to derivatives pricing. I would expected the latter to be the responsibility of the front office quants.
Thanks!
Can someone give me more insight? Furthermore, to what extend are market risk quants exposed to derivatives pricing. I would expected the latter to be the responsibility of the front office quants.
Thanks!