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Lockbox Associate Jobs in Buffalo, NY (NOW HIRING)

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Lockbox Associate information

See Buffalo, NY salary details

$13

$19

$31

How much do lockbox associate jobs pay per hour?

As of Aug 6, 2026, the average hourly pay for lockbox associate in Buffalo, NY is $19.64, according to ZipRecruiter salary data. Most workers in this role earn between $15.82 and $22.36 per hour, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as a lockbox associate?

To thrive as a Lockbox Associate, you need strong attention to detail, organizational skills, and basic data entry or banking experience, often supported by a high school diploma or equivalent. Familiarity with lockbox processing systems, check scanning equipment, and financial software like Microsoft Excel is typically required. Reliability, teamwork, and time management are key soft skills that help maintain accuracy and efficiency in high-volume environments. These skills ensure timely and error-free processing of payments, which is critical for client satisfaction and operational integrity.

What is the difference between Lockbox Associate vs Accounts Receivable Clerk?

AspectLockbox AssociateAccounts Receivable Clerk
CredentialsBasic accounting knowledge, data entry skillsAccounting or finance degree often preferred
Work EnvironmentBanking or financial institution, processing paymentsOffice setting, managing customer accounts
Industry UsageCommon in banking, finance, and payment processingWidespread in various industries handling billing
Search/Comparison IntentFocus on payment processing rolesFocus on accounts management roles

Both roles involve financial data handling, but Lockbox Associates primarily process incoming payments in banking environments, while Accounts Receivable Clerks manage customer billing and account reconciliation. Understanding these differences helps job seekers find the right position aligned with their skills and career goals.

What is a lockbox associate?

Lockbox Associates are professionals who process and manage incoming payments for organizations, typically through a bank's lockbox service. Their main responsibilities include opening and sorting mail, verifying payments, preparing deposits, and accurately recording payment information into financial systems. Lockbox Associates are crucial in ensuring timely and secure handling of funds, which helps organizations maintain efficient cash flow and accurate financial records. Attention to detail, organizational skills, and familiarity with banking procedures are essential for this role.

What are some common challenges faced by lockbox associates, and how can they be managed effectively?

Lockbox Associates often encounter challenges such as managing high volumes of transactions during peak periods and ensuring the accurate and timely processing of payments. Attention to detail is crucial, as even small errors can lead to delays or financial discrepancies. Effective time management, familiarity with lockbox processing systems, and strong communication skills are key to overcoming these challenges. Collaborating closely with team members and supervisors can also help address issues quickly and maintain a smooth workflow.
What are the most commonly searched types of Lockbox jobs in Buffalo, NY? The most popular types of Lockbox jobs in Buffalo, NY are:
What job categories do people searching Lockbox Associate jobs in Buffalo, NY look for? The top searched job categories for Lockbox Associate jobs in Buffalo, NY are:
What cities near Buffalo, NY are hiring for Lockbox Associate jobs? Cities near Buffalo, NY with the most Lockbox Associate job openings:
Lockbox Associate jobs near you
Infographic showing various Lockbox Associate job openings in Buffalo, NY as of August 2026, with employment types broken down into 1% As Needed, 69% Full Time, 27% Part Time, 1% Temporary, and 2% Contract. Highlights an 97% Physical, 1% Hybrid, and 2% Remote job distribution, with an average salary of $40,849 per year, or $19.6 per hour.

Banking Services Operations Associate II - Lockbox Processor

M&T Bank

Amherst, NY • On-site

$18 - $28.31/hr

Full-time

Posted 2 days ago

New

M&T Bank rating

7.8

Company rating: 7.8 out of 10

Based on 185 frontline employees who took The Breakroom Quiz

89th of 170 rated banks

Job description

Overview:

Prepares and processes payments according to account specifications for Lockbox customers.

Primary Responsibilities:
  • Open and prepare deposits for processing using customer specific documented instructions.
  • Key deposit batch information into Lockbox application.
  • Capture check and document images utilizing high-speed imaging equipment.
  • Complete data entry based on customer specific documented instructions.
  • Complete check keying including dollar amounts and MICR line information.
  • Process credit card transactions utilizing merchant services application.
  • Review and prepare completed deposits for return to customer.
  • Prepare, balance and send customer data transmissions.
  • 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:

Minimum of a High School diploma or equivalent (GED) and a minimum of 1 year general work experience

M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $18.00 - $28.31 Hourly (USD). The successful candidate's particular combination of knowledge, skills, and experience will inform their specific compensation.LocationAmherst, New York, United States of America

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