This position manages Interest on Lawyers’ Trust Accounts (IOLTA) financial data and manages the Annual IOLTA Compliance functions for attorneys and law firms throughout Texas.
Analyzes and compiles detailed financial data from bank reports and imports into Interest on Lawyers’ Trust Accounts (IOLTA) database:
examines bank reports for accuracy of computation, interest rate, and interest payment,
contacts banks to resolve discrepancies on bank reports, and
receives incoming calls/emails, provides technical expertise, and suggests corrective action to banks for IOLTA inquiries.
Manages Annual IOLTA Compliance functions for attorneys and law firms. Receives incoming calls/emails, provides technical expertise, and suggests corrective action to law firms and attorneys for IOLTA inquiries.
Responsible for the IOLTA information records, including review of interest rates, accounts, banks, law firms, and attorneys.
Creates statistical and other informational reports for management, board members, grantors, and other stakeholders, while maintaining confidentiality.
Assists with promotion and support of the Prime Partner bank program, including creation of thank-you letters to attorneys and contacts with bankers.
Performs other responsibilities as required.
Two years’ experience in a professional environment that requires performing accurate numerical detailed work.
Graduation from high school with diploma required.
Strong proficiency in Microsoft Office products is required, particularly Excel.
Must be highly detail-oriented, well-organized, and able to complete multiple tasks in a timely and independent manner.
Excellent communication skills, both orally and written.
Working knowledge of banking procedures is preferred.