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Lockbox Operations Manager Jobs in Illinois (NOW HIRING)

... lockbox, electronic receivables, and cash application capabilities. This role is ideal for a ... You will work closely with senior product leaders, technology partners, operations teams, and ...

Accountant

Elgin, IL

$60K - $75K/yr

... to manage day-to-day accounting operations across one or more entities. This role is responsible ... Post and reconcile lockbox, ACH, wire, and check payments * Monitor receivable aging and follow up ...

Cash Application Specialist

Chicago, IL · On-site

$20.25 - $25.25/hr

... operations. This position requires strong analytical skills, attention to detail, and excellent ... Apply lockbox and wire remittances daily to ensure accurate and timely customer payment processing.

Cash Application Specialist

Chicago, IL

$20.25 - $25.25/hr

... operations. This position requires strong analytical skills, attention to detail, and excellent ... Apply lockbox and wire remittances daily to ensure accurate and timely customer payment processing.

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Lockbox Operations Manager information

What is the difference between Lockbox Operations Manager vs Lockbox Specialist?

AspectLockbox Operations ManagerLockbox Specialist
CredentialsTypically requires a bachelor's degree in finance, accounting, or related field; certifications like CPA or CAMS are a plusUsually requires a high school diploma or associate degree; certifications are less common
Work EnvironmentOversees teams in banking or financial institutions, managing operations and processesPerforms daily lockbox processing tasks, often in a banking or financial setting
Employer & Industry UsageUsed by banks, financial services, and corporations managing receivablesCommonly employed within banks and financial institutions for payment processing

The Lockbox Operations Manager oversees the entire lockbox processing operation, managing teams and ensuring efficiency, while the Lockbox Specialist handles the day-to-day processing of payments. Both roles are essential in financial institutions but differ in scope, responsibilities, and required experience.

What does a lockbox specialist do?

A lockbox specialist manages the processing of payments received through lockbox services, which involves opening, sorting, and depositing payments such as checks and remittances. They ensure accurate data entry, reconcile transactions, and often use banking or accounting software to maintain financial records efficiently.

Is operations manager a high position?

An operations manager is typically considered a mid- to senior-level management role responsible for overseeing daily business activities, implementing policies, and managing teams. The position's seniority can vary by organization, but it generally involves significant responsibility and decision-making authority.

What are Lockbox Operations Managers?

Lockbox Operations Managers oversee the processing of incoming payments (often checks) received through a lockbox service, which is a secure way for organizations to collect payments by having them sent directly to a bank. They are responsible for managing the team that handles payment processing, ensuring accuracy, compliance, and efficiency in the workflow. Additionally, they implement process improvements, manage client relationships, and ensure all regulatory and security standards are met. This role is crucial in industries such as banking and financial services, where timely and accurate payment handling is essential.

How much does a lockbox processor make?

A lockbox processor typically earns between $30,000 and $50,000 annually, depending on experience, location, and employer. The role often requires attention to detail and familiarity with banking software or processing systems.

What are some common challenges faced by a Lockbox Operations Manager, and how can they be addressed?

Lockbox Operations Managers often encounter challenges such as ensuring timely processing of large volumes of payments, maintaining accuracy under tight deadlines, and managing evolving regulatory requirements. Addressing these challenges requires strong organizational skills, effective use of automation technology, and consistent staff training to prevent errors. Additionally, fostering clear communication with both internal teams and external clients helps resolve discrepancies quickly and maintain high service standards.

Is operations manager a high paying job?

An Operations Manager, including Lockbox Operations Managers, typically earn a competitive salary that varies by industry, location, and experience. In financial services and banking, they often receive higher compensation due to the specialized nature of their responsibilities and required skills such as process optimization and team management.

What are the key skills and qualifications needed to thrive as a Lockbox Operations Manager, and why are they important?

To thrive as a Lockbox Operations Manager, you need expertise in payment processing, cash management, and a solid understanding of banking regulations, typically supported by a bachelor’s degree in finance or a related field. Familiarity with lockbox processing platforms, treasury management systems, and compliance software is crucial. Strong leadership, attention to detail, and problem-solving abilities are essential soft skills for managing teams and ensuring operational accuracy. These competencies enable efficient transaction processing, regulatory compliance, and high service quality in a fast-paced financial environment.
What job categories do people searching Lockbox Operations Manager jobs in Illinois look for? The top searched job categories for Lockbox Operations Manager jobs in Illinois are:
What cities in Illinois are hiring for Lockbox Operations Manager jobs? Cities in Illinois with the most Lockbox Operations Manager job openings:
Senior Development Associate

Senior Development Associate

Planned Parenthood of Illinois

Chicago, IL • On-site

Full-time

Posted 2 days ago

New


Job description

Summary: The Senior Development Associate is primarily responsible for assisting the Development team in the implementation of fundraising activities. This role will provide support to and work in collaboration with the Chief Development Officer, Senior Director of Development, Director of Institutional Giving, and Director of Major and Individual Giving. This position requires strong organizational skills, attention to detail, and an ability to prioritize as well as multi-task. Fund development is essential to the overall success of the organization; it is imperative that the person in this role be dedicated to providing the support needed to assist in securing the resources necessary to fulfill the mission of the organization.
Essential Functions:
Performance in each category will be evaluated based on measurable outcomes aligned to operational, financial, and quality metrics.
  1. (55% - Major & Individual Giving Support)
  1. Provide support to the major gifts program by maintaining and continuously improving a robust moves management system and key performance indicator tracking in collaboration with the individual giving team.
  1. Support the fundraising activities of the major gifts team by ensuring that major gift planning timelines are on track and deadlines are met.
  2. Lead the bi-annual major gift appeal mailings, including working with PPIL Board Ambassadors and preparing materials to support their donor outreach, work with PPFA and gift officers on the appeal mailing list and appeal letter, and track major gifts received from the mailing and ensure correct coding in the database.
  3. Develop materials to support department goals, including briefing memos, proposals, and reports as requested.
  4. Manage the annual Board Commitment Process, which includes creating PPIL and PPIA board trackers, commitment form templates for each PPIL and PPIA board member, outreach to every PPIL and PPIA board member, scheduling meetings with new PPIL and PPIA board members, and tracking completed forms and sending pledge reminders.
  5. Support the planned giving program

  1. (30% - Data and Donor Relations)
  1. Support the Development Data and Operations Manager with the gift entry process, including but not limited to downloading lockbox check scans, entering donations (credit card payments, ACH's, stock transfers, checks) on the monthly gift tracker, and uploading batches into the donor database.
  2. Track incoming major gifts and coordinate appropriate acknowledgement and stewardship activities.
  3. Serve as the team expert on donor research and prepare research briefings and analysis in anticipation of the needs of the major gifts and senior leadership team.
  4. In collaboration with the Public Policy team, ensure timely and accurate reporting of all gifts received by Planned Parenthood Illinois Action PAC to the Illinois State Board of Elections.
  5. Produce and prepare special letters and other communications with major gift officers for major gift donors.
  6. Work with colleagues at Planned Parenthood Federation of America (PPFA) to coordinate, track, and audit shared portfolio plans and reports. Also review lists for exclusive donor opportunities

  1. (15% - Development Administrative Support)
  1. Provide administrative support to the development leadership team including the Chief Development Officer
  2. Coordinate administrative details associated with the Board of Directors' participation in fundraising activities, including coordinating annual fundraising meetings.
  3. Produce and prepare special letters and other communications with major gift officers for major gift donors.
  4. Assemble donor materials for events and meetings and coordinate meeting logistics.
  5. Basic administration functions including office supply ordering.
  6. Serve as lead administrative support for board committees, as assigned.

Other responsibilities:
Demonstrate an understanding of and commitment to remain informed about PPIL protocols, policies, and procedures. Demonstrate an understanding of and commitment to PPIL core values of access, activism, care, confidentiality, equity, inclusion, excellence, integrity, respect, self-determination, and stewardship; practice these values in relations with internal and external customers. Other duties as assigned.
Qualifications
Extraordinary organizational and communication skills, strong writing skills, and an ability to participate in creative processes for department planning and projecting are required. Ability to cultivate positive, productive relationships with donors and offer excellent customer service. Research skills, including tenacity, perseverance, and strong results focus. Ability to work independently and as part of a team. Ability to carry out duties respecting the sensitive and confidential nature of donor-related information and materials, and to demonstrate mature judgment in handling donor concerns. A sincere commitment to the mission and philosophy of Planned Parenthood is required.
Education
Required: High School Diploma/GED required.
Preferred: Bachelor's degree or equivalent work experience preferred
Experience
One to three years prior fundraising experience preferred, or equivalent experience in a position involving database management, research, and writing. Strong working knowledge of MS Office software and fundraising database programs is required.
Skills:
Project Management, Microsoft Office Suite, Asana
Physical demands/Work Environment:
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodation may be made to enable individuals with disabilities to perform these essential functions.
While performing the duties of this job, the employee is regularly required to sit, stand, walk, talk, hear, and use the phone. The employee is frequently required to use hands and fingers to key in data, handle, or feel and reach. The employee must occasionally lift and/or move up to 25 pounds.
Supervisor: Director of Major and Individual Giving
Status: Full-Time, salaried, exempt from the provisions of wage and salary regulations.
$60,000 - $65,000 a year
Planned Parenthood does not discriminate in the selection of its staff based on factors including but not limited to race, color, religion, sex, national origin, age, sexual orientation, gender identity, disability, income, marital status or any other characteristic protected under federal, state or local law. We know that BIPOC and women identifying candidates are less likely to apply to jobs unless they meet every requirement. Do not be deterred if your experience does not align perfectly with every qualification in job posting.
We may use artificial intelligence (AI) tools to support parts of the hiring process, such as reviewing applications, analyzing resumes, or assessing responses and identifying potential inconsistencies or verification signals in application materials based on available information. These tools assist our recruitment team but do not replace human judgment. Final hiring decisions are ultimately made by humans. If you would like more information about how your data is processed, please contact us.