Financial markets back office administrator
Also known as: brokerage assistant, operations manager, settlements manager, settlements clerk, brokerage clerk, broker clerk
About this occupation
Financial markets back office administrators perform administrative tasks for all the transactions registered in the trading room. They process transactions involving securities, derivatives, foreign exchange, commodities, and manage the clearing and settling of trades.
A specialisation of back office specialist.
Essential skills and knowledge
- electronic communication
- maintain records of financial transactions
- customer service
- financial products
- handle financial transactions
- manage administrative systems
- financial markets
- banking activities
Typical tasks and preparation
From the related US occupation profile Brokerage Clerks (O*NET 43-4011.00). Linked by an official crosswalk: related, not identical; details vary by country.
- Correspond with customers and confer with coworkers to answer inquiries, discuss market fluctuations, or resolve account problems.
- Document security transactions, such as purchases, sales, conversions, redemptions, or payments, using computers, accounting ledgers, or certificate records.
- File, type, or operate standard office machines.
- Perform clerical tasks, such as answering phones or distributing mail.
- Prepare forms, such as receipts, withdrawal orders, transmittal papers, or transfer confirmations, based on transaction requests from stockholders.
- Schedule and coordinate transfer and delivery of security certificates between companies, departments, and customers.
- Typical education (US)
- Bachelor's Degree
- Preparation
- Job Zone 3 of 5
- Interests
- Conventional, Enterprising, Social
Top skills: Active Listening, Speaking, Reading Comprehension, Time Management, Critical Thinking, Writing
US median pay: US$65,750 a year (2025), 35,940 employed. Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics.
Subjects this work relies on
How important each subject's knowledge is in the job itself, rated by people doing it (1 to 5).
- English or Literature in EnglishO*NET: English LanguageVery important (4.1)
- Mathematics or StatisticsO*NET: MathematicsVery important (3.5)
- Computer StudiesO*NET: Computers and ElectronicsImportant (3.3)
- Economics or AccountingO*NET: Economics and AccountingImportant (3.2)
O*NET data describe work in the United States; requirements differ by country. This page includes information from the O*NET 31.0 Database by the U.S. Department of Labor, Employment and Training Administration (USDOL/ETA). Used under the CC BY 4.0 license. O*NET is a trademark of USDOL/ETA. CareerProof Global has modified all or some of this information; USDOL/ETA has not approved, endorsed, or tested these modifications.
Preparation needed
Job Zone Three: Medium Preparation Needed
- Most common education (US)
- Bachelor's Degree
- Education
- Most occupations in this zone require training in vocational schools, related on-the-job experience, or an associate's degree.
- Experience
- Previous work-related skill, knowledge, or experience is required for these occupations. For example, an electrician must have completed three or four years of apprenticeship or several years of vocational training, and often must have passed a licensing exam, in order to perform the job.
- Training
- Employees in these occupations usually need one or two years of training involving both on-the-job experience and informal training with experienced workers. A recognized apprenticeship program may be associated with these occupations.
O*NET data describe work in the United States; requirements differ by country. This page includes information from the O*NET 31.0 Database by the U.S. Department of Labor, Employment and Training Administration (USDOL/ETA). Used under the CC BY 4.0 license. O*NET is a trademark of USDOL/ETA. CareerProof Global has modified all or some of this information; USDOL/ETA has not approved, endorsed, or tested these modifications.
Related occupations
Occupations O*NET links to this one by similar work, skills and knowledge.
- Securities, Commodities, and Financial Services Sales Agents
- New Accounts Clerks
- Bookkeeping, Accounting, and Auditing Clerks
- Customer Service Representatives
- Tellers
- Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel
- Billing and Posting Clerks
- Loan Interviewers and Clerks
- Credit Authorizers, Checkers, and Clerks
- Bill and Account Collectors
O*NET data describe work in the United States; requirements differ by country. This page includes information from the O*NET 31.0 Database by the U.S. Department of Labor, Employment and Training Administration (USDOL/ETA). Used under the CC BY 4.0 license. O*NET is a trademark of USDOL/ETA. CareerProof Global has modified all or some of this information; USDOL/ETA has not approved, endorsed, or tested these modifications.