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Is GALM (Global Asset and Liability Management) at UBS a Front Office role? Watch

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    Is it a Front Office role?
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    No
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    (Original post by Prince_o)+->)
    Is it a Front Office role?
    Sounds like a product control sort of thing which would make it middle office
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    (Original post by Prince_o)+->)
    Is it a Front Office role?
    do you mean 'group'?

    it's middle office - risk.

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    How does one define front/middle/back office. I mean are things like Private Banking, Wealth Management etc Front Office?

    Is working in Middle Office good or bad and does it allow one to move on into Front Office?
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    (Original post by Prince_o)+->)
    How does one define front/middle/back office. I mean are things like Private Banking, Wealth Management etc Front Office?

    Is working in Middle Office good or bad and does it allow one to move on into Front Office?
    front - makes money
    middle - mitigates against risks, manages the bank's balance sheet, sets corporate strategy, technology directly pertaining to FO
    back - processing (Ops), corporate roles, general technology

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    So I'm front office, because I make money at home in my spare time.

    #robwallstreet

    I do invest with a £30K portfolio, so I am slowly robbing you guys.
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    (Original post by Princepieman)
    front - makes money
    middle - mitigates against risks, manages the bank's balance sheet, sets corporate strategy, technology directly pertaining to FO
    back - processing, corporate roles, general technology

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    So Private Banking and Wealth Management is Front Office?
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    (Original post by Prince_o)+->)
    So Private Banking and Wealth Management is Front Office?
    ofc

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    it handles the banks balance sheet, it's a MO function, I'd assume within finance
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    Depends, they will have some rates traders as part of team (who actually execute the strategies for balance sheet management), Also depends on the role description for the job though and the structure of the team. Different Banks structure their ALM teams slightly differently from what I can tell.
 
 
 
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