Which middle & back office jobs pay the most?
Based on 249 Associates (bonuses and salary) with 4 to 8 years of experience working in London Investment banks middle & back office
Best paying middle & back office jobs
Job | Salary | Bonus | Total |
---|---|---|---|
Risk Modeling/ Quant | £72,000 | £7,000 | £79,000 |
Credit Risk Management | £62,000 | £17,000 | £79,000 |
Market Risk Management | £68,000 | £10,000 | £78,000 |
Risk Generalist | £59,000 | £6,000 | £65,000 |
Operational Risk Management & Risk Analytics | £57,000 | £8,000 | £65,000 |
Data Management | £53,000 | £10,000 | £63,000 |
Trade Support | £52,000 | £6,000 | £58,000 |
Trade Settlement & Securities Operations | £50,000 | £6,000 | £56,000 |
Middle & Back Office Generalist | £51,000 | £5,000 | £56,000 |
Go for risk: Risk professionals are by far those who get the highest pay package, with risk modelers earning as much as 20% more than the second best paid (Data management).
It pays to be specialised: Specialised professionals earn more than generalist employees across the board: credit or market risk specialists earn 18% more than risk generalists. Similarly, middle and back office generalists earn less than data management or trade support professionals.
Is the middle and back office star rising? From 2012 to 2015, average salaries and bonuses for mid & back office professionals ticked up 14%.
Evolution of mid & back office earnings for London Associates
2012 | 2013 | 2014 | 2015 | |
---|---|---|---|---|
Average salary + bonus | £56,000 | £60,000 | £64,000 | £65,000 |
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