operations department

Also found in: Dictionary, Encyclopedia, Wikipedia.

Operations department

Back Office

The various administrative and support offices of a company, especially a financial services company. The back office departments handle internal accounting, compliance with government regulations, legal matters, settlements, and clearing services. While they do not generally deal with clients, they are necessary for the smooth function of the office. See also: Front office, Middle office.

operations department

Mentioned in ?
References in periodicals archive ?
The North Dakota Department Of Transportation (nddot) Requires An Annual Safety Audit For Nddot Flight Operations Department.
Interrogated by the Passengers Investigation Office at the Airport Operations Department, one of the smugglers confessed that he had received the narcotic from someone at the departure airport.
Ali Al Maghawi, Director of Airport Operations Department at Dubai Customs said that these improved statistics reflect the good reputation of Dubai Customs worldwide in terms of foiling smugglers' attempts.
The home Club shall provide to the Baseball Operations department the name of the individual responsible for the movement of the roof/wall panels.
The first concerns the frequent visits of the Peace Operations Department in Cyprus and the second the fulfillment of the goals assigned to a technical groups of experts by the UN Secretary General, with UN Security Council resolution 1873.
The operations department provides a vital service to the front-office, by ensuring that all funds flow in a timely and correct manner and that all the necessary documentation is completed.
He worked as a sales representative at Vector Marketing Corporation before joining Compaq Financial Services as an intern in its Operations Department.
The former, including the Geneva Conventions, has long been taught formally within the NWC curriculum (Joint Military Operations Department 2003, 69-79).
After an exhaustive survey of the many departments of the Paris Opera, including both the Bastille and Gamier theaters as well as the Dance School of Nanterre (a Paris suburb), Socialconseil reported harassment cases in both the costume and wig-and-makeup workshops, while the machine operations department of the Gamier was also mentioned for its failure to properly train and promote its workers.
Vallas plans major cost-cutting in the operations department, which spends more than $700 annually per student, to build and maintain city schools.
P763: The Financial Operations Department is Code OF's business office.
Officers at West Midland Police's Operations Department will stop work at 10.

Full browser ?