back office specialist

Back office specialists perform operations of administrative and organisational nature in a financial company, in support of the front office. They process administration, take care of financial transactions, manage data and company documents and perform supportive tasks and other diverse back office operations in coordination with other parts of the company.

ESCO Code

4312.2

NACE Code

82.1 - Office administrative and support activities

Alternative Labels

back office clerk

back office administrator

back office officer

financial office specialist

Regulatory Aspect

To see if and how this occupation is regulated in EU Member States, EEA countries or Switzerland please consult the Regulated Professions Database of the Commission. Regulated Professions Database:

http://ec.europa.eu/growth/single-market/services/free-movement-professionals/qualifications-recognition_en

Narrower occupations

- financial markets back office administrator

Skills & Competences

Essential Skills and Competences

comply with legal regulations coordinate operational activities handle paperwork maintain records of financial transactions manage administrative systems manage financial aspects of a company monitor company policy offer financial services perform clerical duties process payments provide financial product information use office systems

Essential Knowledge

banking activities business processes financial management office administration office software

Optional Skills and Competences

advise on financial matters apply company policies communicate with banking professionals handle financial transactions maintain contract administration manage contracts manage loan administration manage staff obtain financial information present reports provide support in financial calculation trace financial transactions use spreadsheets software

Optional Knowledge

financial products principles of insurance project management securities statistics

Skills Group Share

Concept status

Concept Uri

http://data.europa.eu/esco/occupation/b2e81332-0972-4e0f-9a4d-1d15c9c9513b

Status

released

Occupations