Hi guys first post, maybe posting this in the wrong forum sorry if I am but I just have a few burning q's about an interview i have for a middle office role for a top tier investment bank.
Iv'e been searching the internet but cannot find any in depth information on middle office tasks. It's a role in the interest rate and credit correlation derivatives?? division and I have been looking at the example responsibilities. option event reporting, proccessing queries, calculating manual queries and managing hedge fund business workflow. I would be greatful if anyone could explain these responsibilities in greater depth.
I am quite clued up on interest rate derivatives etc but I was wondering do the bank actually use derivatives to speculate instead of just hedging and also what do trade capture trade and sales support lifecycle management flash risk and p+l reporting actually invlolve.
I'd really appreciate if anyone could shed some light on these proccesses. Understanding trading techniques seems quite easy to me however understanding how trades are proccessed and what actually happens behind the scenes seems quite puzzling to me,
Anyway appreciate any help i can get cheers guys.
Iv'e been searching the internet but cannot find any in depth information on middle office tasks. It's a role in the interest rate and credit correlation derivatives?? division and I have been looking at the example responsibilities. option event reporting, proccessing queries, calculating manual queries and managing hedge fund business workflow. I would be greatful if anyone could explain these responsibilities in greater depth.
I am quite clued up on interest rate derivatives etc but I was wondering do the bank actually use derivatives to speculate instead of just hedging and also what do trade capture trade and sales support lifecycle management flash risk and p+l reporting actually invlolve.
I'd really appreciate if anyone could shed some light on these proccesses. Understanding trading techniques seems quite easy to me however understanding how trades are proccessed and what actually happens behind the scenes seems quite puzzling to me,
Anyway appreciate any help i can get cheers guys.
