Code

4312.2

Description

Back office specialists perform operation of administrative and organisational nature in service of running a financial company. They process administration, take care of financial transactions, perform supportive tasks and other diverse back office operations in coordination with other parts of the company. 

Alternative label

• back office clerks

• back office administrators

• back office clerk

• back office administrator

• financial office specialists

• back office officer

• back office officers

• 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

Hierarchy

• 4 - Clerical support workers
  • 43 - Numerical and material recording clerks
    • 431 - Numerical clerks
      • 4312 - Statistical, finance and insurance clerks
        • back office specialist

Narrower occupations

• financial markets back office administrator

Essential skills and competences

• comply with legal regulations
• coordinate operational activities
• execute administration
• handle paperwork
• maintain records of financial transactions
• manage administrative systems
• manage financial aspects of a company
• monitor company policy
• offer financial services
• 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 personnel
• obtain financial information
• present reports
• provide support in financial calculation
• trace financial transactions

Optional Knowledge

• financial products
• principles of insurance
• project management
• securities
• statistics

Status

released

Concept URI

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