risk capital modeler - career options?
Hi everyone, newbie here looking for some advice on next moves in my career... I have a MS in stats from an ivy school, four years of experience total at two different commercial banks modeling credit risk for ccar/basel and modeling ppnr. I am looking for a switch not only because I dislike the current company/team culture but also because my role is more akin to a glorified data-keeper who occasionally gets to run a logistic regression than a modeler.
As a statistician/modeler and not a computer scientist, I know nothing of java, c++, or scripting languages and don't care for learning them. SAS, R, and Matlab are my go-tos. I have some questions regarding next career moves:
What is your advice regarding switching from commercial banks to investment banks, or ib divisions for a similar modeling role?
What is a reasonable title to expect with a master's 4 years of experience? My current/past firms have non-traditional titles. I understand analyst 1-3, associate 1-3, avp, vp, etc, but not sure where a modeler like me would fit in.
Tied to 2 what can I expect in terms of salary? I am located in nyc.
Thanks in advance for your help!
