Job description

The Middle Office is the name given to one of the three divisions commonly identified in financial services companies. Whereas the Front Office deals with sales and marketing and the Back Office looks after administration and support, the Middle Office provides a link between the other functions, using their resources to manage risk and calculate profit and loss. The Middle Office may also be responsible for information technology.

Middle Office jobs include:

• Risk Manager.
• Compliance Officer.
• Analyst.
• Product Controller.
• Middle Office Manager.
• Trade Support Clerk.
• Treasury Manager.
• Business Controller.

Qualifications

Entry level roles require undergraduate degrees and a good academic track record.

Salary Snapshot

Recent salaries advertised on TopFinancialJobs (February 2010) include:

• £61-70,000 per annum for a qualified (ACA) accountant working as a Treasury Manager - Middle Office Reporting in London.
• £40-47,000 per annum for a Prime Brokerage Middle Office role in a top investment bank in London.
• £20-25 per hour for a temporary Listed Derivatives Clerk working in the middle office of a large European bank in the City of London.
• £45-50,000 per annum for a Middle Office Business Analyst working for an asset management company in London.

Do you work in a Middle Office role? Would you like to contribute to our "Day in the Life of..." series? Email us at info@topfinancialjobs.co.uk for more details.