Financial Risk Management Specialist

4 weeks ago


Denver, Colorado, United States Ballard Spahr LLP Full time

Ballard Spahr LLP is a leading national law firm with over 600 lawyers and 500 business professionals across 15 offices in the United States. We offer a diverse work environment, strong leadership, and opportunities for career growth.

We are seeking a highly skilled Credit & Collections Administrator to join our Accounting and Financial Management Department. The selected candidate will be responsible for determining client creditworthiness, monitoring credit issues, following up on outstanding accounts receivable, assisting billing lawyers, and working directly with clients to collect past due receivables when authorized.

About the Role
  • Monitor and Review Accounts Receivable: Regularly review outstanding accounts receivable to keep lawyers informed of their clients' payment statuses, ensuring prompt attention to overdue accounts.
  • Client Outreach and Resolution: Contact clients with past-due balances to identify the reasons for the delay and propose acceptable payment resolutions while maintaining positive client relationships.
  • Credit Risk Assessment: Evaluate the creditworthiness and risk profile of new clients and matters to mitigate financial exposure, applying thorough due diligence and risk management practices.
  • Maintain Accurate Collection Records: Ensure collection notes and client payment histories are documented and updated, providing a clear audit trail and supporting effective collection strategies.
  • Utilize Microsoft Office: Leverage Excel for reporting, data analysis, and tracking receivables, and Word for generating professional communications and documentation.

The ideal candidate will possess strong analytical skills, excellent verbal and written communication abilities, and be skilled at building relationships with lawyers, staff, and clients. A bachelor's degree in Accounting, Finance, or a related field, along with equivalent experience or three years of recent relevant work experience, is required. Prior experience in a legal or professional services environment is preferred.

What We Offer

We provide an excellent benefits package, including medical, fertility benefits, travel expenses, prescription drug coverage, dental, vision, life insurance, short-term and long-term disability, 401(k) retirement plan, paid time off, health care flexible spending account, dependent care flexible spending account, health savings account, paid parental leave, emergency child and elder care services, family and medical leave, employee assistance program, and pre-tax transportation program.

The salary range for this position is $70,000 - $85,000, depending on experience and location. Ballard Spahr LLP is committed to increasing diversity in the legal profession and supports the communities where we live and work. We welcome applications from diverse candidates, including women, people of color, members of the LGBTQIA+ community, veterans, and individuals with disabilities.



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