Middle Office. The Middle Office provides a significant level of control and monitoring of the Front Office’s activities and, therefore, is independent of the Front Office, reporting to the Chief Risk Officer. The Middle Office function includes assuring data integrity through deal validation and executing the risk monitoring requirements authorized by the RMC. The important control areas and responsibilities include the following:
Appears in 4 contracts
Samples: Credit Agreement (Sprague Resources LP), Credit Agreement (Sprague Resources LP), Credit Agreement (Sprague Resources LP)