IBA Assistant

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.

• 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