Business Risk Specialist

Job Overview The Business Risk Specialist identifies, assesses, and mitigates credit and reputational risks 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. Responsibilities 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. 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. Qualifications Advanced expertise in analyzing financial statements and related documents, including public filings. Familiar 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. Education and 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. Compensation Hiring Salary Range: $70,000.00 - $90,000.00 Equal Opportunity Employer 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. #J-18808-Ljbffr Troutman Pepper Locke LLP