Financial Compliance Specialist
4 weeks ago
We are seeking a highly skilled Client Money Officer to join our Finance Compliance team at DLA Piper. The successful candidate will be responsible for ensuring compliance with the Solicitor Regulation Authority (SRA) Accounts Rules in the UK and equivalent regulations globally.
Key Responsibilities:- Collaborate with the Senior Client Money Officer to ensure compliance with SRA Accounts Rules and equivalent regulations globally.
- Conduct regular assessments of key control procedures, such as residual client balance reporting and bank reconciliations.
- Implement a structured training program to educate business units on client money controls and best practices.
- Develop and maintain a comprehensive client money control framework.
- Support process improvements within existing compliance activities and challenge established behaviors and practices.
- Work closely with local and central Finance teams to raise awareness of client money controls and promote examples of best practice.
- Undertake monthly review of international bank account reconciliations to highlight any client money issues.
- Perform regular reviews of key client money processes and controls, including reviews of residual client balance reports and local breach logs.
- Support the Senior Financial Compliance Manager to research, document, and implement a full suite of international client money policies.
- Keep up to date with regulatory changes in the landscape and ensure knowledge is shared and documented where required.
- Support and oversight on the SRA Accounts rules external audit.
- Liaise with the Office of the General Counsel on relevant areas of client money compliance.
Requirements:
- Strong knowledge of the SRA Accounts Rules.
- A proven track record of compliance or finance operations, such as legal cashiering in the legal sector.
- Strong IT skills, particularly in Excel and PowerPoint.
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