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Bank Lockbox Jobs in Baltimore, MD (NOW HIRING)

Payment Poster

Owings Mills, MD · On-site

$18 - $27.29/hr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Receives payments from lockbox, 835 and mail, posts payments to appropriate patient accounts ... Experience: 1-3 years of experience with either payment posting or banking experience. Prefer ...

Bank Lockbox information

See Baltimore, MD salary details

$10

$48

$66

How much do bank lockbox jobs pay per hour?

As of Aug 16, 2026, the average hourly pay for bank lockbox in Baltimore, MD is $48.63, according to ZipRecruiter salary data. Most workers in this role earn between $43.22 and $56.59 per hour, depending on experience, location, and employer.

What is a bank lockbox?

A Bank Lockbox job involves processing and managing payments received through a secure mail collection service used by businesses to streamline receivables. Employees in this role open mailed payments, verify and record transaction details, and prepare deposits for the bank. Accuracy and attention to detail are essential to ensure efficient and secure handling of financial documents. This position is commonly found in banking institutions and payment processing centers.

What does a bank lockbox do?

A typical day in a Bank Lockbox role involves opening, sorting, and processing incoming mail payments, accurately entering payment data into banking systems, and verifying transaction details for clients. You may also be responsible for handling exceptions, flagging discrepancies, and ensuring compliance with strict timelines to meet customer service standards. While much of the work is independent, collaboration with team members and communication with other departments is common to resolve issues quickly. The environment is generally fast-paced and detail-oriented, ideal for those who enjoy routine, accuracy, and supporting the smooth operation of cash flow for businesses.

What are the key skills and qualifications needed to thrive in the bank lockbox position?

To excel in a Bank Lockbox position, strong attention to detail, data entry skills, and familiarity with basic accounting principles are essential, usually supported by a high school diploma or equivalent. Experience with lockbox processing software, check scanning equipment, and bank transaction systems is highly valued. Strong organizational skills, reliability, and the ability to work well both independently and as part of a team are important soft skills. These competencies ensure accurate, efficient processing of payments and transactions, which is critical to maintaining client satisfaction and financial accuracy.

What are popular job titles related to Bank Lockbox jobs in Baltimore, MD?

For Bank Lockbox jobs in Baltimore, MD, the most frequently searched job titles are:

What cities near Baltimore, MD are hiring for Bank Lockbox jobs?

Cities near Baltimore, MD with the most Bank Lockbox job openings:

Infographic showing various Bank Lockbox job openings in Baltimore, MD as of August 2026, with employment types broken down into 86% Full Time, 13% Part Time, and 1% Contract. Highlights an 93% Physical, 2% Hybrid, and 5% Remote job distribution, with an average salary of $101,152 per year, or $48.6 per hour.

Banking Services Operations Associate III - Lockbox Support

M&T Bank

Baltimore, MD • On-site

$20.55 - $34.25/hr

Full-time

Posted 18 days ago


M&T Bank rating

7.9

Company rating: 7.9 out of 10

Based on 186 frontline employees who took The Breakroom Quiz

79th of 171 rated banks


Job description

Overview:
Processes and researches payments according to account specifications for Lockbox customers.
Primary Responsibilities:
  • Research and resolve customer inquiries received from internal business partners.
  • Complete entry-level reconciliation of internal department general ledger accounts as required by assigned area.
  • Prepare daily reports utilizing standard worksheet templates.
  • Open and prepare bank-by-mail deposits for processing.
  • Complete customer lockbox set-ups utilizing internal department applications to allow for accurate processing of transactions according to customer specifications.
  • Understand and adhere to the Company's risk and regulatory standards, policies and controls in accordance with the Company's Risk Appetite. Identify risk-related issues needing escalation to management.
  • Promote an environment that supports belonging and reflects the M&T Bank brand.
  • Maintain M&T internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators as applicable.
  • Complete other related duties as assigned.

Education and Experience Required:
Associates' degree,
OR in lieu of a degree,
A combined minimum of 2 years' higher education and/or work experience
Education and Experience Preferred:
Minimum of 2 years customer service experience in the financial service industry
Strong customer service skills
Strong organizational skills
Strong analytical skills
Strong problem-solving skills
Strong written and verbal communication skills
Ability to interact with different levels of the organization
M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $20.55 - $34.25 Hourly (USD). The successful candidate's particular combination of knowledge, skills, and experience will inform their specific compensation.
Location
Baltimore, Maryland, United States of America

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