is this a back office job?

neal's picture
Rank: Chimp | 4

hey guys, im currently in a job search and i came across some postings that i wanted to clarifyon. I found the following job description and can someone please explain whether its a "back office" job or not?

Job Functions, Unique Duties & Responsibilities:

Manages and tracks large volumes of transactions from deal notices

Actively researches discrepancies with various agents and clients

Liaisons with counterparts to ensure accuracy of transaction flow

Actively monitors data discrepancies and initiates resolution within scope of authority, as needed

Assists in weekly reconciliation and data integrity reporting

Prepares and analyzes hypothetical transactions according to deal requirements

Monitors deal transactions to ensure all cash, trades, and other deal activity are updated and recorded properly

I'm an undergrad about to graduate(very non target) and would this be a good fit for someone who wants to break in to AM one day.

Comments (9)

Apr 17, 2014

I could be wrong but sounds like a middle office role to me. Not sure on the AM side though

Apr 17, 2014

Any position title or department listed? I can't imagine this is the only information provided.

Apr 17, 2014
yeahright:

Any position title or department listed? I can't imagine this is the only information provided.

the job title is "Data Analyst" and there is also a part time position where you work 4:30 - 8:00PM.

And the firm mainly deals with fixed income asset adminstration

Apr 18, 2014

bump

Apr 18, 2014

Yes, its back office. No, it will not help you break into AM. Keep looking, you still have time to land something before you graduate. Try boutique AM shops, I've had pretty good success with those.

Apr 18, 2014

The job you described is trade reconciliation. That is squarely back office.

Apr 23, 2014

would you guys recommend taking up the part time position?

i know it sounds desperate but im a PWM intern right now and im finding it really hard to find a proper analyst/associate job

    • 1
Apr 23, 2014

If you have to ask, it's usually back office.

Apr 23, 2014
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