Front desk of securities company. What are the jobs in the middle and back office? Thank you.

Generally speaking, the front desk directly faces customers and is responsible for customer reception and other matters, while the background is responsible for fund management, computer information, customer service and finance. , and is responsible for a series of resource integration and operation. The concept of middle office is marginalized, which actually connects some functional departments in front and back office with compliance audit and risk control.

Securities companies are legal entities specializing in securities trading, which are divided into securities management companies and securities registration companies. In a narrow sense, a securities company refers to a securities business company, which is an institution that specializes in securities business after being approved by the competent authority and obtaining a business license from the relevant administrative department for industry and commerce. Having the membership of a stock exchange, you can underwrite the issuance, self-management or agent trading of securities. Ordinary investors must invest in securities through securities companies. In different countries, securities companies have different names. In the United States, securities companies are called investment banks or securities brokers; In Britain, securities companies are called commercial banks; In continental Europe (represented by Germany), because of the mixed operation system, investment banks are only a department of universal banks; In East Asia (represented by Japan), it is called a securities company.

Article 139 of the Securities Law stipulates that the transaction settlement funds of clients of securities companies shall be deposited in commercial banks and managed in the name of each client. Specific measures and implementation steps shall be formulated by the State Council. A securities company shall not classify the trading settlement funds and securities of its clients into its own property. It is forbidden for any unit or individual to misappropriate customers' trading settlement funds and securities in any form. When a securities company goes bankrupt or liquidates, the customer's transaction settlement funds and securities do not belong to its bankruptcy property or liquidation property. Except for the customer's own debts or other circumstances stipulated by law, the customer's transaction settlement funds and securities shall not be sealed up, frozen, deducted or enforced. Article 14 1 of the Securities Law stipulates that when a securities company accepts the entrustment of securities trading, it shall act as an agent to buy and sell securities according to the name, quantity, bidding method and price range of the securities specified in the power of attorney and the trading rules, and truthfully record the trading situation; After the transaction is completed, the securities company shall make a transaction report and deliver it to the customer in accordance with the regulations. In securities trading, the statement confirming the trading behavior and trading results must be true, and the auditors other than the transaction handling personnel shall audit one by one to ensure that the balance of the book securities is consistent with the securities actually held.