IBA Technician

Harrison Holgate; London; On-site; GBP 60,000 - 80,000; Full time

Job summary

A leading independent Lloyd’s broker is seeking a Senior IBA Technician in London. You will manage bank reconciliations, cash matching, and income ledger administration, while monitoring credit risk and liaising with international offices. The ideal candidate will have extensive IBA experience, a solid understanding of client money rules, and strong Excel skills.

Qualifications

• Applicants must have extensive previous experience working in an IBA role.
• Working knowledge of client money rules and legal principles is required.
• Strong Excel skills are essential.

Responsibilities

• Responsible for bank reconciliations and cash matching.
• Administer income ledgers and process premium payments.
• Monitor credit risk and liaise with international offices.

Skills

Extensive previous experience in IBA role

Working knowledge of client money rules

Strong Excel skills

Ability to work in a busy and fast paced environment

Job description

A leading independent Lloyd’s broker is recruiting for a Senior IBA Technician to fill a newly created role within their team following a period of sustained growth.

Reporting to the IBA Manager the successful applicant will be responsible for bank reconciliations and cash matching, income ledger administration, preparation and processing of premium, commission and claims payments, monitoring credit risk, funding, unallocated cash, un-forwarded balances and unrealised Brokerage, production of intracompany reports and associated schedules, query resolution in relation to receipts of unexpected or unidentified funds, liaison with international offices providing IBA support plus any other ad hoc duties required when working on a multi-currency and multi company ledger.

Applicants must have extensive previous experience working in an IBA role, have working knowledge of client money rules and legal principles, strong excel skills, and enjoy working in a busy and fast paced environment.

As true market specialists we work in partnership with our candidates and clients, delivering unrivalled market knowledge and insight. Driven by our passion to become the partner of choice we offer tailored advice and guidance...