| Topic Name: |
Corporate Security |
| Message Name: |
Definition |
| Date Posted: |
03/11/2006 |
| In Reply To: |
New to this game, my apologies..what does that mean, back office? A BS position? secret squirrel? do tell... |
| Message: |
Backoffice means a support role. Not client-facing. for example, the accounting, H/R or IT departments.
When people talk about Investment Banking or Commercial Banking at JPM, they are referring to front-office or client facing roles such as client coverage teams or products such as leveraged finance, equities, M&A, derivatives, etc.
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