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Disbursement Jobs (NOW HIRING)

FORD FOUNDATION

Disbursement Associate

Manhattan, NY · On-site

$100 - $125/hr

ABOUT THE OPPORTUNITY The Financial Services department is seeking a Disbursement Associate to manage and execute the Foundation's daily global banking, cash, and corporate expense operations.

Stewart

Disbursement Specialist

Anchorage, AK · On-site

Job Responsibilities * Assist branch operations with disbursement of escrow transactions to ensure files have been fully funded and disbursed as directed * Review and prepare closing files for ...

APEX CLASS ACTION LLC

Disbursement Coordinator

Irvine, CA · On-site

$28 - $36/hr

Job Summary The Disbursement Coordinator supports the accurate and timely setup, funding, and distribution of settlement-related payments by coordinating with Project Managers, Project Coordinators ...

New

Stewart

Disbursement Specialist

Anchorage, AK · On-site

Job Responsibilities * Assist branch operations with disbursement of escrow transactions to ensure files have been fully funded and disbursed as directed * Review and prepare closing files for ...

Associa

Disbursement Analyst

Richardson, TX · On-site

Balance, validate, print, and distribute general disbursements for the enterprise. * Request and verify check stop payment and void requests from all operating units with banking institutions.

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Disbursement information

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How much do disbursement jobs pay per hour?

As of Sep 9, 2026, the average hourly pay for disbursement in the United States is $22.28, according to ZipRecruiter salary data. Most workers in this role earn between $21.88 and $22.84 per hour, depending on experience, location, and employer.

What is a disbursement?

Disbursement jobs involve managing the process of paying out funds, such as salaries, reimbursements, vendor payments, or grants, on behalf of an organization. Professionals in this role ensure that all payments are accurate, timely, and comply with organizational policies and relevant regulations. They often work closely with accounting, finance, and procurement teams to oversee financial transactions and maintain proper documentation. Disbursement specialists also help resolve payment discrepancies and may assist with audits related to outgoing funds.

What skills and qualifications are needed to thrive as a disbursement specialist?

To thrive as a Disbursement Specialist, you need strong attention to detail, financial acumen, and a background in accounting or finance, often supported by relevant degrees or experience. Familiarity with financial management software, ERP systems like SAP or Oracle, and proficiency in Excel are typically required. Excellent organizational skills, integrity, and effective communication set top performers apart in this role. These abilities ensure accurate, timely processing of payments and compliance with organizational and regulatory standards.

What are common challenges faced in a disbursement role, and how can they be managed effectively?

In a Disbursement role, professionals often encounter challenges such as processing high volumes of payments accurately and within tight deadlines, ensuring compliance with regulatory requirements, and managing discrepancies or errors in payment requests. Effective time management, strong attention to detail, and a thorough understanding of organizational policies are essential for success. Collaborating closely with finance, procurement, and audit teams can help resolve issues quickly and maintain transparency in financial transactions.

What is the difference between Disbursement vs Accounts Payable Specialist?

AspectDisbursementAccounts Payable Specialist
Primary RoleProcessing and issuing payments to vendors or suppliersManaging and verifying incoming invoices and processing payments
CredentialsBasic accounting knowledge, financial software familiarityAccounting or finance certification often preferred
Work EnvironmentFinance or accounting departments, office settingFinance or accounting departments, office setting
Industry UsageCommon in finance, banking, corporate accountingCommon in finance, corporate accounting, government agencies

Disbursement focuses on issuing payments, while Accounts Payable Specialists handle invoice processing and verification. Both roles are essential in financial operations but differ in their specific functions within the payment process.

What does a disbursement clerk do?

A disbursement clerk is responsible for processing and managing payments, such as invoices, payroll, and expense reimbursements, ensuring accuracy and timeliness. They often use accounting software and verify financial documents to prevent errors and fraud.

What does a disbursement specialist do?

A disbursement specialist manages the process of issuing payments and ensuring accurate financial transactions within an organization. They handle tasks such as processing invoices, verifying payment details, and maintaining records, often using accounting software. Attention to detail and knowledge of financial regulations are important in this role.
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Disbursement jobs near you
Infographic showing various Disbursement job openings in the United States as of September 2026, with employment types broken down into 94% Full Time, 4% Part Time, 1% Temporary, and 1% Contract. Highlights an 87% Physical, 5% Hybrid, and 8% Remote job distribution, with an average salary of $46,343 per year, or $22.3 per hour.

Construction Disbursement Specialist III

El Monte, CA • On-site

East West Bank
Commercial Banking • 1 - 5K employees
Learn more about East West Bankexternal

$20/hr

Full-time

Re-posted 18 days ago

Key responsibilities

  • Review the CCR and loan agreement to ensure proper terms and budget are within the approved credit.

  • Process construction loan disbursements and prepare related transactions in the CLCS system.

  • Perform second review of loan setup, disbursement requests, and ensure compliance with approved budgets and agreements.

East West Bank rating

7.2

Company rating: 7.2 out of 10

Based on 9 frontline employees who took The Breakroom Quiz

118th of 176 rated banks

Job description

Introduction
Since 1973, East West Bank has served as a pathway to success. With over 110 locations across the U.S. and Asia, we are the premier financial bridge between the East and West. Our teams of experienced, multi-cultural professionals help guide businesses and community members on both sides of the Pacific looking to explore new markets and create new opportunities, and our sustained growth and expertise in industries like real estate, entertainment and media, private equity and venture capital, and high-tech help build sustainable businesses and expand our associates' potential for career advancement.
Headquartered in California, East West Bank (Nasdaq: EWBC) is a top-performing commercial bank with a strong foundation, an enterprising spirit and a commitment to absolute integrity. East West Bank gives people the confidence to reach further.
Overview
The Construction Disbursement Specialist III is responsible for the servicing of complex Commercial Construction Project and Construction Loans such as Syndication & Bonds with activities including but not limited to; set up of the construction loans and budget into CLCS, the disbursement of construction loan draws within established budget, the 2nd review of all data entered in CLCS and review of Construction Loan Agreement and its Budget.
Responsibilities
  • Review the CCR and loan agreement ensuring proper terms and budget are within the approved credit.
  • Enter new construction loans in the CLCS system and set up appropriate budget.
  • Ensure the new loan set up line item budgets are in accordance with the credit approval and Construction Loan Agreement.
  • Review the disbursement draw request to the specific line item in the budget ensuring funding within the budget.
  • Perform 2nd review quality control of all loan set up in CLCS
  • Perform 2nd review of disbursement ensuring proper approval and reconciliation
  • Obtain approval for budget change request line item
  • Reconcile borrower's construction loan budget to the bank's records
  • Process construction loan disbursements
  • Prepare DDA, Wire , or Reference transactions and enter in CLCS.
  • Obtain title insurance date down/change orders for draw request.
  • Order third party inspection reports
  • Track and follow up on receipt and approval of inspection and title date down reports.
  • Monitor use of borrower's soft cost funds and disbursing funds on borrower's behalf.
  • Monitor interest reserve adequacy on all accounts
  • Monitor and reconcile Construction Loan Disbursement Report
  • Maintain and monitor current property and general liability insurance for all files
  • Interface with relationship managers, title companies, appraisal department, construction services, accounting and etc.
  • Respond to internal inquiries on the above processes
  • Perform End of Day Balancing
  • Provide training to Junior Disbursement Specialist
  • Participate in the establishment of procedures and workflow for the team
  • Process all other miscellaneous activities as requested
  • May perform other duties as assigned

Qualifications
  • Bachelor Degree in Finance or Accounting Degree preferred, or equivalent work related experience
  • Minimum 5 years of work experience in commercial real estate construction loan Administration
  • Knowledge of complex construction finance with multiple phases
  • Experience with complex loan structured including Syndication & Bond
  • Thorough understanding of Construction Loan Agreement and its covenants and provisions relative to construction disbursement and budget
  • Thorough experience with collateral perfection and Title Policies
  • Construction Loan system experience required with CLCS knowledge preferred
  • Proficient in Microsoft Office with advance Excel skills preferred
  • Excellent written and verbal communication skills required
  • Good organizational, analytical and problem solving skills
  • Ability to handle multiple tasks with excellent attention to detail
  • Ability to organize and maintain a high volume work environment
  • Ability to adapt quickly to changes and perform in a fast paced environment
  • Ability to build effective relationships as needed to effectively address issues and obstacles

Applicants must have legal authorization to work in the United States. We do not offer visa sponsorship at this time.
Compensation
The base pay range for this position is USD $20.00/Hr. - USD $37.00/Hr. Exact offers will be determined based on job-related knowledge, skills, experience, and location.

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