To search for Middle office bank jobs use the search for bank jobs facility by clicking the link. Middle Office definitions The middle office comprises departments of a financial services company that manage position-keeping (i.e. control representation of transactions within transaction-registering system of a company). These divisions make sure these transaction representations properly capture profit flows given the technological resources. The middle office is usually part of Operations and Finance divisions including product control, which normally is also in charge of settlement. Due to their critical role, Middle Office always acts in tandem with Front Office work on open markets, and is supervised by Back Office managers responsible for risk and profit and loss controls. (Wikipedia definition) The group of employees in a financial services company that manages risk, calculates profitsand losses, and (generally) is in charge of information technology. The middle office draws on the resources of both the front and the back offices. (investopedia definition) The part of a financial institution's operations that provides the link between the revenue-generating front office and the administrative back office. For instance, trades executed by the front office staff of a brokerage may be processed by the middle office before being settled by the back office. (FT Lexicon) Example of Middle Office Job Titles could include: Middle Office Manager OTC Fixed Income Derivatives EMEA Middle Office Operations Associate Trade Finance – Middle Office Middle Office – Senior Settlements To apply for Middle office Bank Jobs please use the links above
|