Financial markets back office administrator

While traders on the floor are busy shouting orders to buy and sell over the phone, rapidly firing off emails and even just yelling across the room, it’s no secret that without a well-run back office, the entire financial market would grind to a halt!

  • Starting salary (per month)-
  • Job ads35

Fun fact

Before transferring any money, it’s always best to think twice. That’s the lesson American bank Citigroup learned the hard way in 2020, as they mistakenly transferred almost $900 million to creditor investment funds owned by the Revlon Group. The bank has since recovered half that amount, but the financial authorities still fined them $400 million for “poor risk management”. And given the creditors could rightfully claim they’d only received money that was rightfully owed to them eventually anyway, Citigroup is unlikely to claw any more of the money back. A judge confirmed this in 2021.

Skills

Hard skills

  • Banking activities
  • Use customer relationship management software
  • Customer service
  • Customer relationship management

Soft skills

  • Active listening
  • Self-adjustment
  • Self-management

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