krithika

New Delhi, India

#1 Mar 18, 2006
Hello, I've got into GS as an operations analyst, and several people have been asking me if its a back office job, frankly I dont know what that means, and what exactly does it mean to be an operations analyst? does it in any way whatsoever have something to do with a call centre job? honestly the job profile seems quite ambiguous, for those who do know, please do enlighten me.
krithika

New Delhi, India

#2 Mar 18, 2006
Hey,
Just wanted to add that it's a full time position as an operations analyst in Bangalore, India. SO if you do know what that means and what exactly the job profile is please do let me know. Thanks!
Developer

Boston, MA

#3 Jul 23, 2006
krithika wrote:
Hey,
Just wanted to add that it's a full time position as an operations analyst in Bangalore, India. SO if you do know what that means and what exactly the job profile is please do let me know. Thanks!
Back office means dealing with the logistics of a trade, after the trade takes place. For some securities such as fixed income, its customary for the trade to take place today (trade day), but the settlement day to be 2, 3 or up to 5 days in the future. That means that the security and cash don't actually change hands until the settlement date.

One aspect of being an operations analyst is tracking down which systems the trade needs to get booked in the case of a failure for a particular trade. This is the case I'm the most familiar with as a developer. I'd assume that Operations analysts also book trades manually in cases where the "back office" operations have yet to be automated.
Pippo

Trieste, Italy

#4 Jul 24, 2006
Any contact in Gs in London?A friend of mine told me that there is a position open as junior analyst in equities division and i'd like to apply for it.
Many thanks
Filippo
BB NY

Southfield, MI

#5 Oct 25, 2006
hello. what is the base salary at gs for the operations analyst position?-BB
Developer wrote:
<quoted text>
Back office means dealing with the logistics of a trade, after the trade takes place. For some securities such as fixed income, its customary for the trade to take place today (trade day), but the settlement day to be 2, 3 or up to 5 days in the future. That means that the security and cash don't actually change hands until the settlement date.
One aspect of being an operations analyst is tracking down which systems the trade needs to get booked in the case of a failure for a particular trade. This is the case I'm the most familiar with as a developer. I'd assume that Operations analysts also book trades manually in cases where the "back office" operations have yet to be automated.
khan

India

#6 Feb 6, 2007
hi

I have got a openning as a IT Operation Analyst

I would like to know all obout it

Thanks
anju

Singapore, Singapore

#7 Mar 29, 2007
i have an interview for the post of operations analyst ...what does mean that ?
Truth

Los Angeles, CA

#8 Jun 3, 2007
Developer wrote:
<quoted text>
Back office means dealing with the logistics of a trade, after the trade takes place. For some securities such as fixed income, its customary for the trade to take place today (trade day), but the settlement day to be 2, 3 or up to 5 days in the future. That means that the security and cash don't actually change hands until the settlement date.
One aspect of being an operations analyst is tracking down which systems the trade needs to get booked in the case of a failure for a particular trade. This is the case I'm the most familiar with as a developer. I'd assume that Operations analysts also book trades manually in cases where the "back office" operations have yet to be automated.
Good answer!!! I was an Operation's Analyst, it's exactly what I did.
Sherlock

Bislig, Philippines

#9 Sep 4, 2007
Operation's Analyst is a job that analyze's data on a CRM or any database. Analyst will find the root cause of the casualty using the data and give out recommendation.
Brasco

Hemel Hempstead, UK

#10 Nov 11, 2009
What does a derivative opeations,credit middle office analyst do on a daily bases.What systems do they use
Brasco

Hemel Hempstead, UK

#11 Nov 11, 2009
How do you povide support to a variety of Credit Derivative traders
duwantobeknown

Singapore, Singapore

#12 Nov 7, 2010
krithika wrote:
Hello, I've got into GS as an operations analyst, and several people have been asking me if its a back office job, frankly I dont know what that means, and what exactly does it mean to be an operations analyst? does it in any way whatsoever have something to do with a call centre job? honestly the job profile seems quite ambiguous, for those who do know, please do enlighten me.
I'm surpised that you got the job without knowing what you got yourself into
Mihir

Mumbai, India

#14 Aug 5, 2013
Sherlock wrote:
Operation's Analyst is a job that analyze's data on a CRM or any database. Analyst will find the root cause of the casualty using the data and give out recommendation.
All Post settlement work viz., Reporting of trade and reconciliation reporting of MIS. This is all back office work, which is out sourced to India by all Investment banks. However there r few IB's who hav their Middle office as well.

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