Personal Finance Canada

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Thursday: Pay and Employment (lemmy.ca)

submitted 1 year ago by [email protected] to c/[email protected]

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Come talk about your job, your salary, and everything related to it.

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[–] [email protected] 2 points 1 year ago (1 children)

I currently work as a quant in risk management at one of the big 5 banks. I've been there for 2 years and it is my first job in the private sector.

Overall, I've been pleased with the growth opportunities I've had in the role, but I've seen some consistent issues across my department. In particular, almost every team is understaffed and underbudgeted for the expected deliverables.

Is this just the norm for a cost center in big corporations?

[–] [email protected] 1 points 1 year ago* (last edited 1 year ago)

I'm unfamiliar with the big 5/6, but that's also been my experience, even in smaller businesses. There's often pressure to minimize expenses in all areas, even more so with the current economic outlook, leading to understaffing or underbudgeting.