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IBA Cash Management Technician

Job Ref

GJAIBACM

Salary

£35,000 plus excellent benefits

Location

London, UK

Working Pattern

Yes
2/3 days a week office based in London & remote working

Job Type

IBA

Class of Business

IBA

About the Role

Our client is an expanding Lloyd’s Broker that has a great opportunity for someone to join it’s IBA Team as an IBA Cash Management Technician.

This is a highly respected Lloyd’s Broker that has great infrastructure and fantastic working environment.

The role of the IBA Cash Management Technician will be to work alongside the current IBA Team to achieve the timely and accurate collection, processing and onward payment of settlements to all Trading Partners.

Key Responsibilities


  • Assist the IBA Team to produce daily bank reconciliations for all bank accounts

  • Query all outstanding entries on the bank reconciliations

  • Assist with sending daily payments on the bank to be authorized

  • Assist with the Client Money monthly drawdown

  • Provide accurate and timely cash management reports

  • Work closely with the IBA Team to perform credit control procedures

  • Ensure all outstanding accounts are chased appropriately and timely

  • Ensure receipt of funds are reconciled within agreed timeframes

  • Ensure disbursements are reconciled within agreed timeframes

  • Check and agree daily IBA reports generated from Open Twins to ensure that unmatched cash, funding and held funds are identified and worked on

  • Work closely with the IBA Team in UK and North America and ensure good communication links

Key Skills & Experience

The client is looking for someone with experience in a similar role who has strong communication , both written and verbal with close attention to detail . Knowledge of OpenTwins is preferable but not essential.

The candidate should be able to demonstrate drive and self-motivation to achieve results whilst being able to work under pressure and have the ability to identify, recognize and escalate critical issues for resolution.

    All applicants must have a permanent right to work in the UK

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