The main functions of back-office can be summed up as under:
• Co-ordination with front-office to ensure optimum usage of all treasury
dealing systems;
• Internal control and check over treasury dealings, confirmation and
settlement activities, and accounting thereof;
• Ensuring compliance with stated treasury procedures and stipulations;
• Monitoring of SLR/CRR maintenance and submission of compliances, MIS
to Board of Directors and RBI;
• Audit facilitation (concurrent, statutory and AFI / RBI)
