The primary role of the Finance Compliance Executive is to assist the firm in complying with its regulatory obligation in relation to residual balances by assessing all retentions the firm holds. Whilst you will report to the Compliance Cashier Manager and form part of the wider Finance Team you will work closely with the COFA as appropriate who has ultimate responsibility for the firm’s client balances.
The successful candidate will have experience as a Legal Cashier in a high volume position, ability to liaise with fee earners and clear legacy balances. This role is pivotal to current and future projects in the business.

REQUIREMENTS:

• Previous experience working in a law firm or within the regulatory area.
• Interest in law firm finance, risk, and compliance
• Strong analytical skills
• Strong communication skills
• Ability to work under pressure.
• Excellent organisational skills

• Reviewing files identified by the COFA / Compliance Cashier Manager as requiring investigation to establish.
• What the residual balance or retention relates to
• To whom it should be returned, or action required.
• Recording the reasoning in the Client Retentions master file.
• Referring to the Fee Earner with findings, advising course of action
• Liaison with Fee Earners as appropriate
• Providing regular updates of progress by way of the Client Retentions master file.
• Management of the charity ledger and requisite payments to be made.
• Matter housekeeping with regards to leaver files
• Suspense ledger analysis and resolution
  Taylor Rose will contact you by telephone or email regarding your application. We do not ask for personal details upon application and all emails will come from a legitimate email address. If you are asked to respond to an application with your personal details, then please contact the Recruitment team.