Syndicate Operations, Middle Office or Back Office?

Rank: Chimp | 3

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.

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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Feb 29,2012