Engagement Compliance Specialist
| Company | Troutman Pepper |
|---|---|
| Location | Houston, TX, USA, Providence, RI, USA, Dallas, TX, USA, Philadelphia, PA, USA, Atlanta, GA, USA |
| Salary | $85000 – $105000 |
| Type | Full-Time |
| Degrees | Bachelor’s |
| Experience Level | Mid Level |
Requirements
- Proficient in analyzing information and effectively communicating and documenting risks and appropriate responses, with the ability to escalate issues when necessary.
- Exceptional oral and written communication skills.
- Capable of multitasking, prioritizing, and producing detailed and accurate work.
- Strong work ethic, attention to detail, and a client-service orientation.
- Able to work independently with minimal supervision, as well as collaboratively within a team.
- Professional demeanor with the ability to build rapport and gain the trust and confidence of lawyers.
- Solid working knowledge of Microsoft Office applications.
- Strong analytical skills and the ability to work in a high-pressure environment and perform well under pressure.
- Bachelor’s Degree, with a preference for degrees in business, business administration, accounting, finance, or legal-related fields such as legal studies, political science, or paralegal studies.
- Minimum of two (2) years’ experience assessing financial information, including credit reports, financial statements, and other financial metrics.
Responsibilities
- Conduct daily firmwide engagement compliance activities.
- Partner with the marketing department to perform conflicts research on publications and media-related conflicts checks, including analyzing firm data to identify existing client relationships.
- Evaluate and interpret contractual provisions in Outside Counsel Policies and engagement letters and perform coding to support cross-departmental review and enforcement of the firm’s engagement requirements.
- Assess conflicts waivers to determine the need for ethical walls; manage the ethical wall system, addressing attorney and staff inquiries about the logic behind ethical screens and determining access permissions for users.
- Conduct creditworthiness and risk assessments of clients using credit reports, financial statements (if applicable), payment history, and various diligence applications during client onboarding; recommend risk mitigation strategies for higher-risk clients, such as retainers, credit limits, and limiting scopes of work.
- Coordinate the completion of client-requested documentation, including questionnaires and audits, by collaborating with various departments and synthesizing collected information; maintain firm submissions in the document repository.
- Collaborate with the Engagement Compliance team to address onboarding risks and ongoing risks associated with client engagements.
- Monitor potentially problematic client relationships and communicate with relevant team members.
- Implement and enforce departmental and firm standards related to engagement compliance functions.
- Maintain confidential information related to client matters and engagement responsibilities.
Preferred Qualifications
- Prior experience working in a law firm preferred.
- Experience with document management systems (iManage), intake workflow systems (InTapp, including Terms and Ethical Walls), and research software tools is a plus.