Banking Specialist

UK Job Description

FTC for 6 months.

The position is responsible for the application of firm receipts with regards to client billing and miscellaneous firm funds. It is also responsible for client account maintenance including but not limited to research via 3E inquiry, analysis and reapplication of funds per the request of the client.

Reed Smith is a dynamic international law firm dedicated to helping clients move their businesses forward. Our belief is that by delivering smarter and more creative legal services, we will not only enrich our clients' experiences with us, but also support them in achieving their business goals.

Our long-standing relationships, international outlook, and collaborative structure make us the go‑to partner for the speedy resolution of complex disputes, transactions, and regulatory matters.

We all share a common culture, with core values supporting the firm’s commitment to add value, achieve excellence, and promote professional development. We place a huge significance on listening to our people and incorporating their ideas wherever possible.

Reed Smith Global Solutions in Leeds will bring together lawyers and business services professionals to deliver client solutions. The legal offering will include a newly launched Records & e‑Discovery practice, as well as associates and paralegals in key practice and industry groups.

The business services teams will include client value, practice innovation, marketing, HR, IT, and finance roles. We are always looking at ways to continually improve the quality of our client services. Reed Smith Global Solutions is part of our answer. In Leeds, we plan to use the open plan layout and an intra‑department structure to allow individuals with different skillsets and experiences to work alongside each other to find new approaches to problem solving.

It will ensure we can improve our services and increase efficiencies as well as redesign our processes.

• Daily posting of cash receipts on client account and office account across EMEA
• Draw down electronic payments from the banking platforms
• Posting of cash on client account and office account in accordance with SAR
• Perform small balance write offs as needed
• Research unidentified cash receipts and the processing of them in accordance with SAR
• Perform daily bank recs on all accounts across EMEA
• Perform Month end recs in accordance with SAR
• Reporting on AR to Client account balances
• Reporting of office credits and dealing with any client related monies in accordance with SAR
• Manage all client account residual balances to ensure full compliance with SAR
• Any other banking duties as assigned

Educated to GSCE standard.

Experience on SAR is desired but not essential as full training will be given (on Job). Accounts Receivable experience preferred.

• Good communication skills
• Able to work under pressure to tight deadlines
• Ability to work within a team
• Organisational and finishing skills
• Attention to detail
• Professionalism
• Flexibility
• Good computer skills – knowledge of Elite 3E an advantage; competent in Excel and Word
• Detailed knowledge of the SRA Accounts Rules ("SAR")

At Reed Smith, we welcome direct applications either in response to one of our advertised vacancies or on a speculative basis. Please click on the “Apply Now” button to submit your details and we will be in touch.

No search firms/agencies please.

Reed Smith's success depends heavily on the effective utilization of qualified people, regardless of their race, ancestry, religion, colour, sex, age, national origin, sexual orientation, gender identity and/or expression, disability, veteran's status, or any characteristic protected by law. As a firm, we adhere to and promote equal employment opportunity for all.

We are committed to making all stages of our recruitment process accessible to candidates with disabilities or long-term health conditions. If you have a disability or a long-term health condition and require adjustments to be made for you within the recruitment process, please contact a member of the Recruitment team. For more information on our approach to diversity and inclusion please visit our website.