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Management papers from some of the world's leading schools
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+44- 20 89-00 5951
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| Home // Bank Job Information
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Created on : 31/05/2011
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To search for Back office bank jobs use the search for bank jobs facility by clicking the link. Back Office definitionsA blanket term used to describe the administrative and support functions of a financial institution. In the mutual fund world, back office functions include account administration, order settlement, regulatory compliance and transfer agency, among others. (FT Lexicon) The back office is generally considered to be the technology, services and human resources required to manage a company itself. Back office includes such systems as the IT, human resources and accounting departments. The back office is supported by a back end system. (Webopedia)1. The administrative functions at a brokerage that support the trading of securities, including trade confirmation and settlement, recordkeeping, and regulatory compliance.2. More generally, administrative functions that support but are not directly involved in the operations of a business, such as accounting and personnel.
(Investorwords)
Administration and support personnel in a financial services company. They carry out functions like settlements, clearances, record maintenance, regulatory compliance, and accounting. When order processing is slow due to high volume, it is commonly referred to as "back office crunch." (investopedia) Back Office Jobs may include: Back Office IT ManagerBack Office Technology ManagerBack Office Investment Banking ConsultantTreasury Back Office managerBack Office Settlements IT Project Manager
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