I am looking for a advice. I have a PhD in math from a known university. Currently I have 7 years of experience in front office quant position in one of the major investment banks. I support manual Rates and Credit traders with pricing, risk, etc. My salary stayed in low 200s for the last 3 years. And I also feel that the work is no longer exciting and the set of instruments I cover is ever shrinking.
It is time to make a change and I also feel it is a good opportunity to change the field. I feel there is a lot more potential on a buy side. I only had one job so it is hard for me to compare what other quants would do. I would like to do some learning and book reading if that's needed but my main concern is my background. I do have a handful of years but most of the hedge funds might not appreciate this experience. I can brush up the math but perhaps I also need to pickup the latest books on Statistics/Machine Learning, etc. I can definitely get my technical skillset to a better level. I also feel that the AI/ETrading is growing rapidly and I want to make sure I jump on that train before it is too late and my skillset is completely outdated(think stochastic calculus, numerical methods, monte carlo).
P.S. Perhaps this is not supposed to be part of the resume profile but to complete the picture I should mention I am a female and I have small kids(no more planned), so I do want a good work-life balance and hours something along 8-5. I also have good communication skills so I would be a good fit where you need to talk to clients, etc.