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Junior IBA Operations Specialist

2 months ago

London, Greater London, United Kingdom Pavilion Recruitment Solutions Full time

Pavilion Recruitment Solutions is seeking a skilled Junior IBA Technician to join our team on a full-time basis.

This role is responsible for managing daily transactions within the IBA department, ensuring operational expertise in various tasks, such as processing incoming receipts, performing standard account reconciliations, and initiating outgoing payments.

The successful candidate will play a vital role in maintaining a consistent operational rhythm throughout the month, supporting the broader IBA team in optimizing client and insurer interactions.

Key Responsibilities:

  • Supporting work across, predominantly, Credit Control in addition to Cash Application, Insurer Reconciliation/Bordereaux and Bank Reconciliation
  • Daily processing of core IBA tasks such as receipt allocation, insurer statement reconciliation and raising of payments
  • Support IBA projects
  • Support audit requests
  • Predominantly deal with internal Business stakeholders; occasionally dealing with external parties

About the Ideal Candidate:

  • Experience within financial services is preferred
  • Understanding of basic concepts of IBA and accounting
  • Awareness of industry regulations is a plus