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- Tasks: Support finance team in managing client money trust accounts and ensure accurate records.
- Company: Established insurance and risk management business with a global presence.
- Benefits: Gain valuable experience in finance within a supportive and professional environment.
- Why this job: Perfect for detail-oriented individuals looking to grow their finance skills.
- Qualifications: Previous finance or IBA experience is essential; strong attention to detail required.
- Other info: Dynamic role with opportunities for personal and professional development.
The predicted salary is between 36000 - 60000 £ per year.
Our organisation is a well-established specialist insurance and risk management business with a long-standing presence in the London market. Operating as a Lloyd's broking house, the company provides a broad range of specialist insurance solutions to clients worldwide. With international reach and strong industry partnerships, the business is well positioned to deliver complex, global insurance solutions across multiple niche sectors.
We are seeking a detail-oriented IBA Assistant to join a collaborative Finance team, supporting the IBA Manager in the effective management of client money trust accounts. The role is integral to ensuring that IBA processes operate smoothly, records remain accurate, and all regulatory requirements are met. This position offers an excellent opportunity for someone with prior finance or IBA experience to further develop their skills within a supportive and professional accounting environment.
Key Responsibilities- Support the day-to-day administration of client money trust accounts across multiple currencies
- Post receipts and payments accurately within the broking system
- Allocate funds to the correct ledgers and transactions
- Investigate and escalate cash discrepancies to ensure unallocated cash is effectively controlled
- Assist with the daily payment run, including collating documentation and submitting payments for approval in line with deadlines
- Support credit control activities, including issuing statements of account
- Assist with daily, weekly, and monthly IBA reconciliations
- Liaise with internal teams and external parties to resolve client account queries
- Support regulatory and compliance requirements relating to client money
- Adhere to company policies and procedures, ensuring all required regulatory training is completed on time
- Previous experience in a finance, accounts, or IBA role is essential
- High level of accuracy and strong attention to detail
- Confident user of Microsoft Office applications
- Strong numerical and analytical skills
- Excellent organisational and time management abilities
- Clear verbal and written communication skills
- Strong problem-solving capability
- Proactive with a willingness to learn and develop
- Methodical, organised, and detail-focused
- Able to remain calm under pressure and meet deadlines
- Comfortable working both independently and as part of a team
IBA Assistant in London employer: Eames Consulting
Contact Detail:
Eames Consulting Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land IBA Assistant in London
✨Tip Number 1
Network like a pro! Reach out to people in the finance and insurance sectors, especially those who work at companies you're interested in. A friendly chat can open doors that a CV just can't.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Understand their values and how they align with your skills, especially in IBA processes. This will help you stand out as a candidate who truly gets them.
✨Tip Number 3
Practice your responses to common interview questions, but keep it natural. Use the STAR method (Situation, Task, Action, Result) to structure your answers, especially when discussing your previous finance experience.
✨Tip Number 4
Don’t forget to follow up after your interview! A quick thank-you email can leave a lasting impression and shows your enthusiasm for the role. Plus, it keeps you on their radar as they make their decision.
We think you need these skills to ace IBA Assistant in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your finance or IBA experience. We want to see how your skills match the role, so don’t be shy about showcasing your attention to detail and organisational abilities!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re interested in the IBA Assistant position and how your background makes you a great fit for our team. Keep it concise but engaging!
Showcase Your Skills: In your application, emphasise your numerical and analytical skills. We love candidates who can demonstrate their problem-solving capabilities, especially when it comes to managing client money trust accounts.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy!
How to prepare for a job interview at Eames Consulting
✨Know Your Numbers
As an IBA Assistant, you'll be dealing with client money trust accounts and financial records. Brush up on your numerical skills and be prepared to discuss how you've handled financial data in the past. Bring examples of your attention to detail and accuracy in previous roles.
✨Familiarise Yourself with Regulations
Understanding regulatory requirements is key in this role. Do some research on the regulations surrounding client money and be ready to talk about how you ensure compliance in your work. This shows you're proactive and serious about the responsibilities of the position.
✨Showcase Your Problem-Solving Skills
The job involves investigating cash discrepancies and resolving client account queries. Think of specific instances where you've successfully solved problems in a finance context. Be ready to explain your thought process and how you approach challenges.
✨Demonstrate Team Spirit
This role requires collaboration with both internal teams and external parties. Prepare to discuss how you've worked effectively in a team before. Highlight your communication skills and any experiences where you’ve contributed to a positive team environment.
