What it means to move from the back office to the front office

Post date: Nov 14, 2017 1:41:35 PM

The back office is concerned with internal work, such as settlement, clearances, regulatory compliance, record maintenance, accounting, and IT services. It offers support to the front office, which handles client-facing tasks. For employees who want to move from back office to the front office, they have to showcase their skills that will make them a top candidate for a promotion.

Image source: mergersandinquisitions.com

The shift

One has to prove their worth in the finance sector if they desire to have a spot in the front office. Taking the internal route has proven to be the most effective strategy to secure a job in the client-facing department. Being excellent in the back office will have one become a top choice for a position in the front office.

Education

Being knowledgeable about the office one is applying for is a great plus, especially during interviews. Questions asked in interviews are usually learned in college. Finding time to review about possible topics will surely give one an edge over other applicants.

Timing

If one believes their career would blossom in the front office, it’s best they do it early. Gathering knowledge and skills from the back office will surely benefit one in their desire to move forward. Recruiters would want to see technical skills and great ability in interacting with clients, which can be learned if one has been familiar with these for quite some time.

It best for aspirants to know which steps to take to become more effective and efficient in the field.

Image source: telegraph.co.uk

Scott Tominaga is the Chief Operating Officer of PartnersAdmin LLC. He has an extensive understanding of the middle and back office, accounting, compliance, and administrative functions within financial services firms. Scott has been in the industry for almost 20 years. For more updates like this, visit this blog.