| Banking |
| Investment Banking involves advising the world's largest organisations on mergers, acquisitions, as well as a wide array of fund raising strategies. This is, on average, the most prestigious and highest paid department in the bank. |
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| Markets are then split into further divisions; sales, trading, some research and also structuring. Though the average investment banker will make considerably more than the average trader, the best trader will make significantly more than the best investment banker. |
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| Middle office roles generally comprise risk management positions. This can be seen as more cost cutting roles, as middle office positions involve analysing and evaluating the risk taken by front office employees. This can be done by setting limits on the amount of money available to trade with, for example. |
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| Back office investment banking roles are mainly operations roles and include the technology division. Operations employees are used to make any transfers, and generally ensuring there are no errors in what is being performed. |
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| Some of the categories are listed below. |
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- Finance
- Compliance
- Investment research
- Human resources
- Investment banking
- Investment management
- Legal and management controls
- Merchant banking
- Private equity
- Operations
- Securities & Trading
- Services
- Technology
- Information Risk Management
- IT
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