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Lockbox Operations Manager Jobs in Philadelphia, PA

Sr Business analyst

Wilmington, DE · On-site

$89K - $115K/yr

Requirements Management: Elicit, analyze, and document comprehensive business requirements (BRDs ... Hands-on experience with transaction processing, lockbox operations, or payment clearing/settlement ...

Oversee cash management operations, including hard lockbox, soft lockbox, and springing lockbox structures, ensuring borrower cash is controlled, applied, and disbursed in strict accordance with loan ...

Oversee cash management operations, including hard lockbox, soft lockbox, and springing lockbox structures, ensuring borrower cash is controlled, applied, and disbursed in strict accordance with loan ...

Oversee cash management operations, including hard lockbox, soft lockbox, and springing lockbox structures, ensuring borrower cash is controlled, applied, and disbursed in strict accordance with loan ...

Oversee cash management operations, including hard lockbox, soft lockbox, and springing lockbox structures, ensuring borrower cash is controlled, applied, and disbursed in strict accordance with loan ...

As a Lockbox Processor within PNC's AR Advantage Operations organization, you will be based in ... Detail, Managing Multiple Priorities, Operational Functions, Standard Operating Procedures Work ...

Lockbox Processor

Mount Laurel, NJ · On-site

$33K - $55K/yr

As a Lockbox Processor within PNC's AR Advantage organization, you will be based in Mount Laurel ... Detail, Managing Multiple Priorities, Operational Functions, Standard Operating Procedures Work ...

Manages lockbox cash application, live checks, resolve lockbox exception items, unprocessed lock ... Reviews completeness of documents received from operations and/or other departments, as required.

Supports the team by actively building operations knowledge, think critically about processes and opportunities for improvement, and shares ideas * Participates in personal performance management and ...

Supports the team by actively building operations knowledge, think critically about processes and opportunities for improvement, and shares ideas * Participates in personal performance management and ...

Accounts Receivable Coordinator

Colmar, PA · On-site

$22.26 - $30.14/hr

Job Summary Support overall AR Management of assigned portfolio by coordinating all processing ... Prepare cash receipts lockbox and receipts for posting process. * Post cash receipts to customer ...

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Lockbox Operations Manager information

See Philadelphia, PA salary details

$31.3K

$64K

$119.6K

How much do lockbox operations manager jobs pay per year?

As of Aug 1, 2026, the average yearly pay for lockbox operations manager in Philadelphia, PA is $64,033.00, according to ZipRecruiter salary data. Most workers in this role earn between $41,400.00 and $78,200.00 per year, depending on experience, location, and employer.

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 are popular job titles related to Lockbox Operations Manager jobs in Philadelphia, PA? For Lockbox Operations Manager jobs in Philadelphia, PA, the most frequently searched job titles are:
What job categories do people searching Lockbox Operations Manager jobs in Philadelphia, PA look for? The top searched job categories for Lockbox Operations Manager jobs in Philadelphia, PA are:
Infographic showing various Lockbox Operations Manager job openings in Philadelphia, PA as of July 2026, with employment types broken down into 100% Full Time. Highlights an 90% In-person, and 10% Remote job distribution, with an average salary of $64,033 per year, or $30.8 per hour.

Sr Business analyst

Vega Intellisoft Inc.

Wilmington, DE • On-site

$89K - $115K/yr

Other

This job post has expired today. Applications are no longer accepted.


Job description

Job Summary

We are seeking an experienced and dynamic Business Analyst with a strong foundation in financial services and agile delivery. In this role, you will bridge the gap between business stakeholders and technical teams, translating complex requirements into clear, actionable specifications. The ideal candidate brings exceptional communication and facilitation skills, deep expertise in documentation standards, and domain knowledge in payment systems or transaction processing.

Key Responsibilities
  • Requirements Management: Elicit, analyze, and document comprehensive business requirements (BRDs), functional requirements (FRDs), user stories, use cases, and detailed process maps.

  • Agile & Scrum Execution: Actively participate in Scrum ceremonies (backlog grooming, sprint planning, daily stand-ups, and retrospectives); manage and track artifacts efficiently using JIRA and Confluence.

  • Stakeholder Facilitation: Lead workshops and requirement-gathering sessions with cross-functional teams, business leaders, and technical architects, ensuring clear alignment across all parties.

  • Process & Workflow Optimization: Design end-to-end process maps and workflows, with an emphasis on transaction lifecycles and operational efficiency.

  • Data & Rules Analysis: Analyze complex business logic, support rule engine configurations, and write SQL queries to extract data, validate requirements, and perform data profiling.

  • Compliance & Standards: Ensure all solutions align with industry best practices and relevant regulatory or government compliance standards.

Required Qualifications (Must-Haves)
  • Experience: Proven track record as a Business Analyst within the financial services industry.

  • Core Documentation Skills: Expertise in authoring Business Requirements Documents (BRDs), Functional Requirements Documents (FRDs), detailed User Stories, Use Cases, and Process Maps.

  • Methodologies & Tools: Hands-on experience working in Agile/Scrum environments, with advanced proficiency in JIRA.

  • Soft Skills: Excellent communication, presentation, and facilitation skills, with the ability to articulate complex technical concepts to non-technical stakeholders and vice versa.

Preferred Qualifications (Nice-to-Haves)
  • Domain Expertise: Hands-on experience with transaction processing, lockbox operations, or payment clearing/settlement systems.

  • Regulatory Knowledge: Familiarity with Federal Government standards, security protocols, and compliance frameworks.

  • Technical Tools: Proficiency in Confluence for team collaboration and documentation, and the ability to write and interpret SQL queries for data analysis.

  • Advanced Logic Systems: Experience working with Rules Engines and Business Process Management (BPM) tools.