BACK-OFFICE OPERATIONS TRAINING
At FMCT, we believe that having a strong foundation in back-office operations is vital to success in the financial markets. Our training courses are designed to provide individuals with the necessary skills and knowledge to understand and manage the processes behind back-office operations. We offer a comprehensive curriculum that covers all aspects of back-office operations, from trade settlement to reconciliations. Our experienced trainers use real-life scenarios to help students gain a better understanding of the concepts. Contact us today to learn more about our training programs.
5 DAYS BACK-OFFICE OPERATIONS TRAINING
This in-depth 5-day training program thoroughly covers Back-Office operations in financial markets, including key areas like trade confirmation, settlement, valuation, pricing, risk management, technology, and connectivity. The program prioritises compliance, data integrity, and operational efficiency, guaranteeing the reliability and integrity of financial transactions. A comprehensive understanding of financial markets Back-Office operations involves a detailed examination of its key areas and responsibilities within financial institutions. Back-Office functions are integral to supporting Front Office activities and ensuring the organisation's smooth operation. Here's an overview:
Day 1: Introduction to Back-Office Operations
Understanding Back-Office Functions
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Definition and Role of Back Office
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Importance of Back Office in Financial Institutions
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Interactions with Front and Middle Office
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Key Responsibilities and Objectives
Regulatory Framework
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Regulatory Requirements and Compliance
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Role of Back Office in Regulatory Reporting
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Data Security and Privacy
Day 2: Trade Confirmation and Validation
Trade Confirmation
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Trade Confirmation Workflow
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Confirmations and Affirmations
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Trade Matching and Exception Handling
Trade Validation and Reconciliation
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Trade Validation and Data Integrity
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Trade Reconciliation and Error Resolution
Position and Transaction Reconciliation
Day 3: Settlement and Clearing Operations
Settlement Processes
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Clearing and Settlement Overview
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Settlement Systems and Procedures
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Central Counterparties (CCPs)
Securities Lending and Borrowing
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Securities Lending and Borrowing Operations
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Collateral Management
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Risk Mitigation in Securities Lending
Day 4: Valuation and Pricing in Back Office
Pricing and Valuation
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Role of Back Office in Pricing and Valuation
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Mark-to-Market (MTM) and Fair Value
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Handling Complex and Illiquid Assets
Risk Management and Control
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Risk Assessment and Mitigation in Back Office
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Control Frameworks and Internal Audits
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Operational Risk Management
Day 5: Back Office Technology and Connectivity
Back-Office Technology
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Back-Office Systems and Software
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Automation and Workflow Optimisation
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Data Management and Reporting Tools
Connectivities and Reconciliations
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SWIFT Messaging and Connectivities
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Bank Reconciliations
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Position Management and Reporting