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MI5 wants some quants

The secret intelligence service, MI6, might be actively targeting bankers for ‘operational officers’ (AKA ‘spies’), but it seems MI5 is also keen to hear from City applicants.

The difference, as you’re no doubt aware, is that MI6 deals with international issues (hence Bond’s adventures in exotic locales), whereas MI5 looks after intelligence issues on home soil.

It’s currently recruiting for its annual intake of ‘intelligence analysts.’ Being an intelligence analyst is less exciting than being a spy, but it does seem well suited to people with an aptitude for mathematics.

As spokesperson for MI5 was reluctant to elaborate on their precise requirements, but according to the advert, they’re looking for people who, ‘bring experience of working with analytical and/or statistical packages and large electronic and hard copy data sets.’

According to one recruiter, this equates to quants, although not necessarily high-powered ones. “MI5 don’t do much of the signal analysis work themselves. The more interesting quant roles are at GCHQ in Cheltenham,” he says.

One stumbling block is the pay. Recruiters say GCHQ pay badly, and MI5 is offering 24-30k. After undertaking the notoriously gruelling interview and assessment process, you’ll therefore be paid no more than your average civil servant.

Successful candidates will need to be able to get by on this amount. As an article in the FT recently suggested, financial services professionals are not always considered suitable for roles in the intelligence services as their high-spending ways make them more prone to being bribed.

Comments (10)

  1. …and as they’ve managed to destroy the Western financial system and cause misery for millions, Osama BL encourages all suitably qualified candidates to apply ASAP…. (especially the AIG and Lehman ones)

  2. Is MI5 the new Goldman Sachs ?

  3. imagine a world without quants…

  4. all these ” is x the new goldmans” is getting tired, its not funny now and was marginally funny the first 50 times.

  5. no harry, we;ll continue
    we have to

  6. Harry-The problem is the bankers on here are so one dimensional they find this ‘joke’ funny and so just keep repeating it as they cant think of anything else

  7. can somebody explain to me this “is xxx the new goldman sachs” joke, now that its over and no longer funny maybe someone can explain in simple terms for simple people like me

  8. Is being tired of formulaic jokes the new Goldman Sachs?

  9. the big joke about Goldman Sachs is that below MD you earn much less than you would at so called “lesser” banks and work 10 times as harder in general.

    Also, to tell the truth, the Fleet Street building is abit of a dump. The Boots next door is more impressive

  10. I thought MI5 already were already a bunch of quants?

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