Junior IBA Technician in London

Junior IBA Technician in London

London Entry level 30000 - 40000 £ / year (est.) No working from home possible
Harrison Holgate

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 focus on growth and collaboration.
  • Benefits: Comprehensive training, competitive salary, and opportunities for career advancement.
  • Other info: Perfect for those looking to kickstart their career in finance!
  • Why this job: Gain valuable experience in finance while working with a supportive team.
  • Qualifications: Attention to detail and strong numeracy skills are essential; IBA experience is a plus.

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.

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 required

Qualifications

Applicants should ideally have some previous IBA experience, although full on-the-job training will be provided. Essential qualities include high attention to detail, strong numeracy and accurate data input skills, and the ability to prioritise and organise own workload to ensure deadlines are met.

Junior IBA Technician in London employer: Harrison Holgate

Join a dynamic and supportive team at a leading 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 values employee development, offering comprehensive training and growth opportunities to help you advance your career in the financial services sector. With a focus on innovation and excellence, we provide a stimulating environment that encourages professional growth while enjoying the vibrant atmosphere of London.

Harrison Holgate

Contact Details:

Harrison Holgate Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Junior IBA Technician in London

Tip Number 1

Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.

Tip Number 2

Prepare for interviews by researching the company and its culture. Understand their values and how your skills as a Junior IBA Technician can contribute. We want you to shine when it’s your turn to impress!

Tip Number 3

Practice makes perfect! Do mock interviews with friends or family to get comfortable with common questions. The more you practice, the more confident you'll feel when it counts.

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 are proactive about their job search.

We think you need these skills to ace Junior IBA Technician in London

Attention to Detail
Numeracy Skills
Data Input Skills
Cash Management
Bank Reconciliation
Multi-Currency Transactions
Account Monitoring

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 IBA experience, even if it's just a little, 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. Keep it concise but engaging – we want to see your personality come through!

Showcase Your Skills:In your application, be sure to mention specific examples of how you've demonstrated strong organisational skills and the ability to meet deadlines. We love seeing real-life applications of your skills!

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 keep track of your application status. Plus, we can’t wait to see what you bring to the team!

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. Brush up on your numeracy skills and be ready to discuss how you handle financial data. Maybe even prepare a few examples of how you've successfully managed similar tasks in the past.

Show Your Attention to Detail

This role requires high attention to detail, so during the interview, highlight instances where your meticulous nature has made a difference. Bring up specific projects or tasks where your careful approach led to successful outcomes.

Understand the IBA Process

Even if you don't have extensive IBA experience, do some research on the IBA process and terminology. Being able to speak knowledgeably about the industry will show your enthusiasm and commitment to learning, which is key for this position.

Be Ready for Teamwork Questions

You'll be working closely with the IBA team, so expect questions about teamwork and collaboration. Prepare examples of how you've worked effectively in a team setting, especially in high-pressure situations or when meeting tight deadlines.