Week 1

Question 1

Back Office Roles

Answer 1

Back office roles are
mostly task driven, dealing with regulatory issues,
compliance or trade settlement.

Question 2

Middle Office Roles

Answer 2

Middle office roles have
grown in importance over the last decade and primarily
involve risk management. Middle office roles require
somewhat more judgment and strategic thinking than
back office roles.

Question 3

Front Office Roles

Answer 3

Front office roles are directly involved
in making actions on the behalf of the organisation or its
clients: dealing, market making, trading etc.