Tell me everything about Central Funding Desk - Should I take this opportunity?

Hello fellow monkeys

There is an opportunity for me to join a big bank as an "Associate, Quantitative Analyst" in their Central Funding Desk. During the interviews, I have come to know that the Central Funding Group is heavy on trading repos, securitized products and various fixed income products. The Quantitative Analytics Team is charged with fixed income models for pricing and risk management. The required technologies include Python, C++ and VBA. The bigger picture here is retooling models against the backdrop of SOFR transition.

A bit about myself. Two and a half years of combined work experience in model validation (mkt risk and derivative pricing at a bank) and portfolio risk analytics (at an investment firm, current job). Compensation is not much higher (i.e. slightly higher bonus because this is trading floor) but benefits are worse.

I don't know Central Funding business at all. Can you educate me? I see another WSO thread talking about central risk book, is it the same thing as CFD?

Thanks

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