Syndicate Operations, Middle Office or Back Office?
I'm looking at a position at a large Investment Bank and want to know if this is a middle office or back office position.
Responsibilities: Process and monitor primary and secondary trades received from the Structured Products Desk. • Support Remarketing desk by sending out monthly invoices, collecting and processing fees, uploading monthly accruals. Execute IPO and Follow-On Equity transactions. • Monitor the settlement of all Syndicate trades. • Oversee the payables and receivables of fees for deals in which the bank is an underwriter. • Identify and resolve trade discrepancies . • Cross train to learn Municipal trade support.
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