Iba Technician

4 days ago


London, United Kingdom Next Employment Full time

A forward thinking Lloyd's Broker are looking for 5 IBA Technicians to join their team. This role will be fully remote but reporting into thier London Office.

The purpose of this role is to:

- To provide efficient, high quality accounting support to internal and external customers
- To ensure day to day compliance with the systems and controls, established by the firm and to ensure compliance with FCA Rules CASS 5.4
- To ensure compliance with FCA rules on Financial Crime prevention

Main Responsibilities
- Perform reconciliation and process activities across one or more of the following disciplines:

- Cash posting & allocation,
- Bank Reconciliation
- Client & Insurer Payments,
- Payaways (intermediary payment processes)
- Bordereaux
- Management of own workload to ensure work is being completed to the agreed Service Levels (SLAs) and quality standards
- Communicate and build relations with other IBA departments and internal Brokers & businesses to investigate and resolve any queried transactions to avoid further delays
- Proactive involvement and support in continuous improvement and lean initiatives
- Support audit requests for information and process walk-through exercises
- Ensure successful completion of training and assessment exercises as assigned from the Compliance and Training Department
- Fulfil your responsibilities in line with agreed processes to achieve agreed objectives, and in doing so, ensure compliance with the client and insurer money rules within the FCA Handbook, identifying and recording any breaches of FCA rules

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