1 Trade Settlement: Processing and settling trades executed by the front office. This involves confirming trade details, ensuring compliance with regulations, and facilitating the transfer of securities and funds.
2. Record Keeping: Maintaining accurate records of trades, transactions, and client accounts. This includes updating databases, reconciling discrepancies, and generating reports for management and regulatory purposes.
3. Confirmation and Reconciliation: Confirming trade details with counterparties and reconciling trade discrepancies. This ensures accurate and timely settlement of trades and minimizes the risk of errors or disputes.
4. Risk Management: Monitoring and managing operational risks associated with trade processing and settlement. This involves identifying potential risks, implementing controls and procedures to mitigate them, and escalating issues as necessary.
5. Client Services: Providing support to clients regarding trade inquiries, account statements, and other administrative matters. Back office operators serve as a point of contact for clients and ensure their needs are addressed promptly and accurately.
6. Regulatory Compliance: Ensuring compliance with regulatory requirements and industry standards. Back office operators must stay updated on relevant regulations and implement policies and procedures to ensure adherence to compliance obligations.
7. Corporate Actions Processing: Handling corporate actions such as dividends, stock splits, and mergers. This involves communicating with relevant parties, updating client accounts, and ensuring accurate processing of corporate actions.
8. Margin and Collateral Management: Managing margin requirements and collateral for trading activities. This includes monitoring margin calls, valuing collateral, and ensuring compliance with margin regulations.
9. Systems and Technology Support: Utilizing trading systems and technology platforms to execute operational tasks efficiently. Back office operators may troubleshoot system issues, coordinate system upgrades, and provide training to staff on new technologies.
10. Performance Reporting: Generating performance reports and analysis for internal stakeholders and clients. This involves compiling data on trading activities, investment performance, and portfolio metrics to assess performance and support decision-making.
Experience: 
