Job Description
Job Overview
An established and growing Lloyd’s broker is hiring for a Junior IBA Technician to strengthen its London based IBA team. Reporting to the Head of IBA & Credit Control, the successful applicant will work closely with the wider IBA Team in a multi-currency and multi-entity control environment and be responsible for the orderly processing and reconciliation of all IBA cash receipts and payments in the company non‑statutory trust (NST) accounts.
Responsibilities
- Daily bank reports and cash postings (receipts and payments) to the correct ledgers
- Monitoring client and underwriter accounts (receivable and payable)
- Assisting with checking, setting up and allocation of all NST payments
- Issuing remittance advice/reports to counter parties
- Weekly bank reconciliations for all NST accounts
- Supporting the team in the month-end process
- Completing any ad hoc assignments and projects as requ...