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Lockbox Operations Processor Jobs in Memphis, TN

Lockbox Specialist

Memphis, TN · On-site

$17.75 - $22/hr

Basic knowledge of banking operations and lockbox processing programs * Must be very detailed, organized, and accurate * Ability to perform well under pressure and meet deadlines * Ability to operate ...

The AR Specialist supports daily receivables operations, including payment posting, account ... Daily - post deposits that are received through the lockbox at the bank, ACH and branch receipts.

... process. * Estimate project value using box/item/bag counts. * Coordinate with Operations to ... Site access instructions (lockbox codes, contacts, etc.) * Ensure CSR and field teams have clear ...

Lockbox Operations Processor information

See Memphis, TN salary details

$14

$22

$44

How much do lockbox operations processor jobs pay per hour?

As of Jun 26, 2026, the average hourly pay for lockbox operations processor in Memphis, TN is $22.35, according to ZipRecruiter salary data. Most workers in this role earn between $17.07 and $25.24 per hour, depending on experience, location, and employer.

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

To thrive as a Lockbox Operations Processor, you need strong attention to detail, basic accounting or financial knowledge, and a high school diploma or equivalent. Familiarity with lockbox processing systems, check scanning equipment, and banking software is typically required. Excellent organizational skills, reliability, and the ability to work efficiently under time constraints help individuals excel in this role. These skills ensure accurate, secure, and timely processing of payments, which is critical for maintaining client satisfaction and financial integrity.

What job makes $10,000 a month without a degree?

A Lockbox Operations Processor typically does not earn $10,000 a month without specialized experience or advanced skills. High-paying roles that can reach this level without a degree are rare and often involve sales, entrepreneurship, or skilled trades, but most high-income jobs require relevant experience or certifications. Generally, achieving such income levels without a degree involves significant expertise, industry connections, or entrepreneurial success.

What does a lockbox processor do?

A lockbox processor handles incoming payments and deposits by processing mailed checks and remittance information for a company. They verify, record, and reconcile payments using specialized software and ensure accurate posting to accounts. This role requires attention to detail and knowledge of banking procedures and financial systems.

What jobs in the US pay 300,000 a year?

Lockbox Operations Processors typically do not earn $300,000 annually. High-paying jobs in the US that reach this level often include executive roles, specialized medical professionals, investment bankers, and certain technology executives, which require advanced skills, extensive experience, and often leadership responsibilities. Most roles with such salaries involve significant management, technical expertise, or industry-specific certifications.

What is the difference between Lockbox Operations Processor vs Data Entry Clerk?

AspectLockbox Operations ProcessorData Entry Clerk
Required CredentialsHigh school diploma, basic financial or data processing knowledgeHigh school diploma or equivalent, basic computer skills
Work EnvironmentBank or financial institution processing payments and checksOffice setting, data input across various industries
Employer & Industry UsageFinancial services, bankingVarious sectors including healthcare, retail, finance
Common Search & ComparisonOften compared for data processing and accuracy rolesGeneral data entry roles, less specialized

The main difference between a Lockbox Operations Processor and a Data Entry Clerk lies in their specific functions and industry focus. Lockbox Processors handle payment processing for banks, requiring familiarity with financial transactions, while Data Entry Clerks perform general data input tasks across multiple industries. Both roles require attention to detail and basic computer skills, but Lockbox Processors typically work within financial institutions handling sensitive payment data.

What is a lockbox remittance processor?

A lockbox remittance processor is a professional responsible for receiving, processing, and recording payments sent via mail on behalf of a company. They verify payment details, update accounts, and ensure accurate posting of funds, often using specialized software and adhering to security protocols.

What are Lockbox Operations Processors?

Lockbox Operations Processors are professionals who handle and process payments received through a bank's lockbox service. They are responsible for opening mail, extracting payments and accompanying documents, verifying information, and entering data into banking systems. Their work helps businesses efficiently manage and deposit large volumes of incoming payments, reducing processing time and improving cash flow. Attention to detail, organizational skills, and familiarity with banking procedures are essential for this role.

What are some typical challenges faced by Lockbox Operations Processors, and how can they be effectively managed?

Lockbox Operations Processors often encounter challenges such as managing high volumes of transactions under tight deadlines and ensuring accuracy during data entry and payment processing. Attention to detail is crucial, as even minor errors can delay client payments or cause discrepancies. Effective time management, regular communication with team members, and leveraging automated tools can help address these challenges. Additionally, developing a strong understanding of company protocols and staying updated on compliance standards is essential for success in this role.
What are popular job titles related to Lockbox Operations Processor jobs in Memphis, TN? For Lockbox Operations Processor jobs in Memphis, TN, the most frequently searched job titles are:
What job categories do people searching Lockbox Operations Processor jobs in Memphis, TN look for? The top searched job categories for Lockbox Operations Processor jobs in Memphis, TN are:
What cities near Memphis, TN are hiring for Lockbox Operations Processor jobs? Cities near Memphis, TN with the most Lockbox Operations Processor job openings:
Infographic showing various Lockbox Operations Processor job openings in Memphis, TN as of June 2026, with employment types broken down into 100% Full Time. Highlights an 87% Physical, 5% Hybrid, and 8% Remote job distribution, with an average salary of $46,486 per year, or $22.3 per hour.
Lockbox Specialist

Lockbox Specialist

Renasant Bank

Memphis, TN • On-site

$17.75 - $22/hr

Other

Posted 18 days ago


Renasant Bank rating

6.0

Company rating: 6.0 out of 10

Based on 12 frontline employees who took The Breakroom Quiz

126th of 142 rated banks


Job description

Overview
The Lockbox Specialist will be responsible for sorting/opening mail as well as preparing and processing customer payments in a timely manner.
RENASANT BANK IS AN EQUAL OPPORTUNITY EMPLOYER
Responsibilities
  • Must be able to follow detailed instructions and sort, monitor, and process a high volume of mail
  • Must be able to maintain error free processing on a consistent basis
  • Be responsible for processing of deposits accepted through the lockbox processing system
  • Provide customer feedback with back-up documentation as requested
  • Log and track all incoming remittance mail; sort, open and verify outgoing remittance mail
  • Perform a variety of clerical duties, answer questions or inquiries from lockbox customers, and resolve problems or issues
  • Perform data and item entry with minimal errors
  • Notify support area of problems or issues which could delay in items being processed
  • May be responsible for tracking and monitoring reports
  • May lead, train, or assist new employees
  • Maintain the confidentiality of the Bank's customers
  • Responsible for preparing customer payments for processing and processing payments using custom software
  • Perform other related duties as assigned

Qualifications
  • Requires a high school diploma or equivalent and some data entry, balancing, office, clerical, bank operations, item processing, or other related experience
  • Minimum 3-5 years of related experience is preferred
  • Basic knowledge of 10-key, data entry, and balancing principles
  • Must have strong customer service skills and communication skills
  • Basic knowledge of banking operations and lockbox processing programs
  • Must be very detailed, organized, and accurate
  • Ability to perform well under pressure and meet deadlines
  • Ability to operate in a team environment to accomplish shared goals
  • Ability to effectively manage time as related to daily tasks
  • Acquire proficiency of custom software and electronic communications

Physical Demands
The physical demands described are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee is frequently required to stand or sit; kneel, stoop, or squat; use hands or fingers to handle or feel objects, tools or controls; reach with hands and arms, and talk or hear. The employee is occasionally required to walk. The employee must occasionally lift and /or move up to 25 pounds. Specific vision abilities required by this job include close vision, peripheral vision, depth perception and the ability to focus.
Work Environment
The Bank's professional working environment requires employees to communicate effectively, both verbally and in writing. Employees must demonstrate strong interpersonal skills when working closely with internal business partners and external clients. Employees may be exposed to confidential and propriety information within the working environment, therefore, must uphold confidentiality at all times. Due to the possibility of being exposed to high risk situations (i.e. robbery), detailed instructions and procedures are required to be followed at all times to safeguard the Bank's employees, customers, and assets.
The above is intended to describe the general content of and requirements for the performance of this job. It is not to be construed as an exhaustive statement of duties, responsibilities, or requirements. The principal duties and responsibilities enumerated are all essential job functions except for those that begin with the word "May".
This job description is intended to describe the normal level of work required by the person performing the work. The principle duties outlined are the essential responsibilities and duties. Other duties may be assigned as needs arise. Job requirements and/or processes may be modified to reasonably accommodate persons with a disability as required by law.
This description is not intended as a contract and is subject to change. Any written contractual agreements supersede this job description.

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