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The term back office refers to the part of a company or organisation that carries out the tasks necessary for the day to day running of a company. Simply put, the back office is the administration and support staff and services.
In banking and financial services, the back office will include IT systems which support the transactions agreed by traders and brokers in the front office as well as areas such as HR and marketing.
Tasks carried out in the back office include:
Back office jobs include:
The qualifications required for a back office job depend very much on the nature of the specific role.
Recent salaries advertised on TopFinancialJobs (February 2010) include:
Do you work in the back office? Would you like to contribute to our "Day in the Life of..." series? Email us at email@example.com for more details.