At a Glance
- Tasks: Join our IBA team to manage cash receipts and payments in a dynamic environment.
- Company: Established Lloyd's broker with a strong growth trajectory.
- Benefits: Comprehensive training, competitive salary, and opportunities for career advancement.
- Other info: Exciting projects and a chance to develop your skills in a vibrant workplace.
- Why this job: Gain valuable experience in finance while working in a fast-paced, supportive team.
- Qualifications: Attention to detail, numeracy skills, and ability to thrive under pressure.
The predicted salary is between 30000 - 40000 € per year.
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.
Key duties will include:
- 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 counterparties
- Weekly bank reconciliations for all NST accounts
- Supporting the team in the Month End process
- Any ad hoc assignments and projects as required
Applicants will ideally have some previous IBA experience although full on the job training will be provided. What is essential is the ability to operate in a fast-paced environment, always applying a high attention to detail, being highly numerate with accurate data inputting skills, and being able to prioritise and organise own workload to ensure that deadlines are adhered to.
Junior IBA Technician employer: Harrison Holgate
Join a dynamic and supportive team at an established Lloyd's broker in London, where your role as a Junior IBA Technician will be pivotal in ensuring the smooth operation of our IBA processes. We pride ourselves on fostering a collaborative work culture that encourages professional growth through comprehensive training and development opportunities, all while enjoying the vibrant atmosphere of one of the world's leading financial hubs.
StudySmarter Expert Advice🤫
We think this is how you could land Junior IBA Technician
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect with professionals on LinkedIn. You never know who might have the inside scoop on job openings or can refer you directly.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Understand their values and how they operate, especially in the IBA space. This will help you tailor your answers and show that you're genuinely interested in being part of their team.
✨Tip Number 3
Practice makes perfect! Conduct mock interviews with friends or family to get comfortable with common questions. Focus on showcasing your attention to detail and ability to work in a fast-paced environment, as these are key for the Junior IBA Technician role.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take the initiative to engage with us directly.
We think you need these skills to ace Junior IBA Technician
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experiences that match the Junior IBA Technician role. Highlight any relevant experience, especially in IBA or finance, and don’t forget to showcase your attention to detail and numeracy skills!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re excited about the role and how your background makes you a great fit. Be sure to mention your ability to thrive in a fast-paced environment and your organisational skills.
Showcase Your Skills:In your application, emphasise your data inputting skills and any experience with cash receipts and payments. If you’ve worked with bank reconciliations before, make sure to mention that too – it’s all about showing us you can handle the responsibilities of the role!
Apply Through Our Website:We encourage you to apply directly through our website for the best chance of getting noticed. It’s super easy, and you’ll be able to submit all your documents in one go. Plus, we love seeing applications come through our own platform!
How to prepare for a job interview at Harrison Holgate
✨Know Your Numbers
As a Junior IBA Technician, you'll be dealing with cash receipts and payments, so brush up on your numerical skills. Be prepared to discuss how you've handled financial data in the past, even if it's from previous roles or studies. Show them you can keep your cool while crunching numbers!
✨Familiarise Yourself with IBA Processes
Even if you don't have extensive IBA experience, do some research on the basics of IBA cash management and reconciliation processes. Understanding terms like NST accounts and bank reconciliations will impress the interviewers and show your genuine interest in the role.
✨Demonstrate Attention to Detail
In this role, attention to detail is crucial. Prepare examples from your past experiences where your meticulous nature helped avoid errors or improved processes. This will highlight your ability to thrive in a fast-paced environment while maintaining accuracy.
✨Ask Insightful Questions
Interviews are a two-way street! Prepare thoughtful questions about the IBA team's structure, the tools they use for cash postings, or how they handle month-end processes. This shows you're not just interested in the job, but also in how you can contribute to the team’s success.
