As someone at a quant firm, it's true of both. Years of experience really counts for next to nothing. Two people with X years of experience could have vastly d

As someone at a quant firm, it's true of both. Years of experience really counts for next to nothing. Two people with X years of experience could have vastly different skillsets and it genuinely signals next to nothing about how qualified they would be for this job. Both roles involve highly technical interviews and then a 3 month probationary period that is quite challenging. If you have a lot of experience then I'd expect you to do well in the technical interview, although unfortunately in practice this doesn't end up being the case.