I was editing the post while you replied. I realised that my post wasn't conveying any useful point. In general, when many people hear Quant they think about q

I was editing the post while you replied. I realised that my post wasn't conveying any useful point. In general, when many people hear Quant they think about quantitative portfolio manager - this is what I was talking about and where the "money" is at. It seems that IBs tend to use "quant" nowadays for a role that is very similar to Silicon Valley "data scientist".