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We are looking for a Settlement Coordinator to join our clients team in New York. In this role, you will oversee the distribution of settlement funds, manage related records, and liaise with both clients and colleagues to ensure accurate and efficient disbursements. This role requires a keen eye for detail and excellent communication skills.
Job Responsibility:
Coordinate the distribution of settlement funds to clients and all parties involved
Review settlement agreements and confirm accurate disbursement amounts as per client agreements
Maintain detailed records of all disbursements and ensure proper documentation in the firm's system
Communicate with clients to ensure they understand the disbursement process while providing timely updates
Work in conjunction with the settlement team and attorneys to procure required signatures, releases, and documentation
Ensure adherence to all legal, financial, and ethical standards during the disbursement process
Assist in creating and managing disbursement journals and related records
Troubleshoot issues related to the distribution of settlement funds
Requirements:
Bachelor's degree in Business, Finance, or a related field (preferred)
Prior experience in a legal or settlement coordination role, ideally within a law firm as a bookkeeper or accounting clerk
Strong attention to detail
Outstanding organizational skills
Familiarity with settlement processes, client disbursements, and legal compliance
Excellent communication skills with the ability to simplify complex processes for clients
Proficiency in using legal and accounting software to manage disbursements and records
Ability to handle sensitive information with utmost discretion and professionalism
Nice to have:
Comprehensive understanding of settlement procedures
What we offer:
Medical, vision, dental, and life and disability insurance
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