Business Risk Manager Jobs in Haddonfield, NJ (NOW HIRING)

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The Business Risk Specialist identifies, assesses, and mitigates credit and reputational risks at various points in the client relationship to enhance the quality of the accounts receivable portfolio and minimize bad-debt losses. The Business Risk Specialist conducts comprehensive risk evaluations, develops and implements mitigation strategies, and collaborates across departments to establish effective controls that safeguard the firm's assets, reputation, and compliance profile.

Essential Duties and Responsibilities:

• Conduct creditworthiness and risk assessments of potential and existing 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.

• Correspond with attorneys and other business professionals to ensure proper identification of clients and relay risk assessment results as needed; confirm accurate and complete information is obtained at onboarding.

• Conduct comprehensive financial and reputational risk assessments to identify potential non-payment and circumstantial risks related to prospective and existing clients.

• 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.

Knowledge, Skills and Abilities:

• Advanced expertise in analyzing financial statements and related financial documents, including public filings. Familiarity with interpreting business credit reports.

• Outstanding interpersonal, verbal, and written communication skills.

• Exceptional organizational skills and attention to detail.

• Strong analytical and problem-solving abilities.

• Proven ability to manage multiple priorities and collaborate with diverse groups in a fast-paced environment.

• Able to work independently and as part of a team with minimal supervision across hybrid, remote, and in-office settings.

• Proficiency in Microsoft Word, Excel, PowerPoint, and data analysis tools.

• Familiarity with the following diligence applications is beneficial: Dun & Bradstreet/DNBi, Lexis+, Moody's GRID, Thomson Reuters World-Check.

Education and/or Experience:

• Bachelor's degree in Business Management, Accounting, Finance, Business Administration, or industry-related area required.

• Master of Business Administration or CFA certification beneficial.

• Minimum four (4) years of related experience in a law firm or professional services environment required.

• Previous law firm experience beneficial.

The Firm will comply with any applicable city or state workplace mandates in effect in regards to Covid-19.

This position description is intended to describe the general content of and requirements for the performance of the job. The statements contained in the position description are not necessarily all-inclusive and additional duties and responsibilities may be assigned as determined by business needs.

This position description does not constitute a written or implied contract of employment.

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

By applying for this position, you agree and understand that Troutman Pepper Locke will process your Personal Information pursuant to the terms of our Worker and Applicant Global Privacy Notice. If you have questions about our data handling practices, or you are a resident of California, the United Kingdom, or the European Union and wish to exercise your privacy rights, please contact us at privacy@troutman.com.

Equal Employment Opportunity
Troutman Pepper Locke adheres to a policy of equal opportunity and will make all employment decisions, which include hiring, promotion, transfer, demotion, evaluation, compensation and separation, without regard to race, color, religion, sex, age, sexual orientation, gender identity or expression, national origin, pregnancy, citizenship, disability, genetic information, marital or armed forces status and any other classification as protected by law.