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Lockbox Payment Processing Jobs in Nevada (NOW HIRING)

Robert Half

Payment Processing Manager

Las Vegas, NV · On-site

$80K - $95K/yr

Responsibilities: • Direct daily loan payment and payoff processing across multiple receipt channels, including lockbox, online transactions, wire activity, and mailed funds. • Lead the ...

Western Alliance Bank

Lockbox Processor

Las Vegas, NV

$17.36 - $19.92/hr

... payments to ensure accuracy, and scanning of deposits using high speed optical scanners. * Ensure strict processing deadlines are met prior to designated cutoff times. What you'll need: * High school ...

UHS

PAYMENT SPECIALIST, Full Time

Sparks, NV

Confirms Electronic Funds Transfer (EFT) and deposits (including lockbox) and processes payments following IPM CBO guidelines. Performs timely and accurate ERA reconciliation to include ERA ...

OSP LP

COMMERCIAL LOAN ACCOUNTING SPECIALIST

Las Vegas, NV · On-site

$55K - $69K/yr

Process and post daily loan payments received via lockbox, ACH, check-by-phone, wire, and mail. * Research and resolve payment discrepancies, lockbox rejections, insufficient funds, and balancing ...

OSP LP

COMMERCIAL LOAN ACCOUNTING SPECIALIST

Las Vegas, NV · On-site

$55K - $69K/yr

Process and post daily loan payments received via lockbox, ACH, check-by-phone, wire, and mail. * Research and resolve payment discrepancies, lockbox rejections, insufficient funds, and balancing ...

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Lockbox Payment Processing information

What is lockbox payment processing?

Lockbox payment processing is a service provided by banks to help businesses efficiently collect and process payments from their customers. In this process, customer payments are sent directly to a special post office box (lockbox), where the bank collects, processes, and deposits the payments into the business’s account. This service helps businesses speed up cash flow, reduce handling time, and improve accuracy in payment processing. Lockbox services are commonly used by companies that receive a high volume of check payments. They can also include electronic payment options and remittance document processing.

Are lock boxes a good idea?

Lockbox payment processing is a secure method used by financial professionals to automate the collection and deposit of payments, reducing manual handling and errors. It is especially useful for organizations handling high volumes of payments, as it streamlines cash flow and improves efficiency. Familiarity with banking procedures and secure data handling is important for professionals working in this area.

What is the difference between Lockbox Payment Processing vs Accounts Payable Clerk?

AspectLockbox Payment ProcessingAccounts Payable Clerk
Primary RoleManaging incoming payments received via lockbox servicesProcessing outgoing payments and managing vendor invoices
CredentialsFinancial or accounting certifications often preferredAccounting or finance certifications often preferred
Work EnvironmentBanking, finance departments, or outsourced payment servicesCorporate finance or accounting departments
Industry UsageFinancial institutions, corporations handling large volumes of paymentsBusinesses managing accounts payable processes

Lockbox Payment Processing focuses on receiving and depositing customer payments efficiently, while Accounts Payable Clerks handle vendor payments and invoice processing. Both roles require financial knowledge and often similar certifications, but they serve different functions within financial operations.

What is the best lock box to buy?

For lockbox payment processing roles, selecting a reliable lockbox service depends on factors like security features, integration capabilities, and industry reputation. Commonly used providers include banks and third-party vendors that offer secure, efficient processing solutions suitable for financial institutions and businesses. Evaluating service quality and compliance standards is essential when choosing a lockbox provider.

What is a lockbox?

A lockbox in payment processing is a service where customers send payments directly to a secure post office box managed by a bank or third-party provider. The bank then collects, processes, and deposits the payments into the company's account, streamlining cash flow and reducing processing time. Lockbox processing often involves data entry, check imaging, and reconciliation tasks performed by trained staff or specialized software.

What are some common challenges faced in a Lockbox Payment Processing role and how can they be managed?

A key challenge in Lockbox Payment Processing is maintaining high accuracy and speed when handling large volumes of payments and sensitive financial data. Errors can delay posting and affect customer satisfaction, so attention to detail is crucial. Adapting to evolving technology and security protocols is also important, as is effectively communicating with team members and other departments to resolve exceptions or discrepancies. Regular training and adherence to standardized procedures can help manage these challenges and ensure smooth workflow.

What are the key skills and qualifications needed to thrive in Lockbox Payment Processing, and why are they important?

To excel in Lockbox Payment Processing, you need strong attention to detail, accuracy in data entry, and familiarity with banking or financial operations, often supported by a high school diploma or equivalent. Experience with payment processing software, check scanning equipment, and financial management systems is typically required. Reliability, time management, and the ability to work well under pressure are valuable soft skills in this field. These competencies are crucial for ensuring accurate, timely processing of payments, reducing errors, and maintaining client trust in sensitive financial transactions.
Lockbox Payment Processing jobs near you
Payment Processing Manager

Payment Processing Manager

Robert Half

Las Vegas, NV • On-site

$80K - $95K/yr

Full-time

Posted 19 days ago

Job description

We are looking for an experienced Payment Processing Manager to oversee loan servicing operations in Las Vegas, Nevada. This role will guide a high-volume payment environment, ensuring funds are applied accurately, service commitments are met, and regulatory standards are upheld. The ideal candidate brings strong leadership, deep knowledge of loan payment processing and payoff activity, and a track record of improving operational controls and team performance.


Responsibilities:

• Direct daily loan payment and payoff processing across multiple receipt channels, including lockbox, online transactions, wire activity, and mailed funds.

• Lead the completion of payment corrections, disbursements, payoff requests, account updates, and related servicing actions within defined turnaround standards.

• Oversee workflow scheduling and task coordination to ensure time-sensitive activities are executed consistently and without delay.

• Review operational reporting to identify exceptions, measure team output, and drive prompt resolution of processing errors or imbalances.

• Manage external lockbox vendor performance by tracking service levels, addressing issues, and maintaining accountability to agreed standards.

• Provide guidance on complex payment application matters, including interest accrual calculations, principal balance validation, and fee assessment questions.

• Maintain strong departmental controls through routine audits, reconciliations, and quality checks that support accuracy, timeliness, and audit preparedness.

• Partner with Compliance, Accounting, Finance, and Investor Reporting teams to resolve escalations, strengthen processes, and support broader servicing objectives.

• Supervise staff performance through coaching, goal setting, evaluations, and the development of measurable objectives aligned with business priorities.

• Identify and implement process and technology improvements that enhance efficiency, strengthen quality, and increase automation where appropriate.

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About Robert Half

Sourced by ZipRecruiter

Founded in 1948, Robert Half pioneered the idea of professional talent solutions to connect opportunities at great companies with highly skilled job seekers. As business needs changed, we evolved to offer specialized talent solutions for finance and accounting, technology, administrative and customer support, creative and marketing, and legal fields. In 2002, we introduced our subsidiary, Protiviti, a global independent risk consulting and internal audit service, to support companies as they faced more strategic business challenges.

Industry

Recruiting and staffing services

Company size

10,000+ Employees

Headquarters location

San Ramon, CA, US

Year founded

1948

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