"Back Office Positions" <- What does that mean?

[Terp2014]

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No, they are not involved in deals at all, that’s what we have analysts for–the grunt work. All of us front line people did our share. Operations/back office people are concerned with the bank as a corporation. They do the same functions they would do at a widget company.

</p>

<p>Oh</p>

<p>“They do the same functions they would do at a widget company.”</p>

<p>Which is…? :o</p>