Is this MO or BO?

Question

So i've got a role at a BB and this is what the bank defined the tasks that will take place as:
Assess current controls and identify control deficiencies
1) Develop measures to address these deficiencies
2) Management of Regulatory and internal CSAs
3) SOX control compliance
4) Liaising with Risk Technology to understand root cause analysis of technology issues
5) Change control agenda including testing current and new control environment
6) BCC Submissions 
It's bundled as a MO risk type role but some of the tasks seems boring and heavily ops based such as the Sarbanes–Oxley complience and li

Flake · Accepted Answer

Tduxa

Flake:
Why does it matter? Anyway, it doesn't sound like traditional risk mgmt to me.

It matters as it would impact both the skills I gain and my career opportunities.

So where on the spectrum from FO>MO>BO would you say it stands?

I wouldn't worry about classifying it. Too many of you are worried about the BO/MO differences. It's almost like you're trying to make yourself feel better.

The description looks like it's closer to compliance and/or ops. So those are the skill sets you are going to acquire for your future opportunities.

Tduxa · Answer

FlakeI wouldn't worry about classifying it. Too many of you are worried about the BO/MO differences. It's almost like you're trying to make yourself feel better.

The description looks like it's closer to compliance and/or ops. So those are the skill sets you are going to acquire for your future opportunities. Knowing if it's BO or MO is not going to help you, is it? You're not going to walk into your next job interview and say "I did middle office things", right?

Tduxa · Answer

notthehospitalERBO isn't perceived as worse, it's just different - as you said, different skill sets. There isn't a huge distinction between BO and MO and as said above, the different skill sets are what matters and BO vs. MO is entirely irrelevant.

Yep, I understand. For me, it is all about skills learnt. However, most of the responsibilities bare no help to what I wish to do it in future. Sarbanes-Oxley compliance, liaising with risk technology...may as well just have defined the job as internal control.

Tduxa · Answer

notthehospitalER...what would you do instead? It's pretty late to get something else for the summer...

To your original question - if you know the skills are irrelevant, how does BO vs. MO make a difference at all?

My assumption was MO has work that is more relevant to FO, and therefore, my question was to gauge if the work I'd be doing would give me relevant skills (hence why I listed all the responsibilities).

I do have another internship at a energy startup in the US (I'm from the UK) late this summer for 3-4 weeks, which I have secured funding for through my  university scholarship.

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Is this MO or BO?

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Is this MO or BO?

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