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Lockbox Payment Processing Jobs (NOW HIRING)

Leader Bank

Lockbox Floater

Burlington, MA

$44K - $66K/yr

Responsibilities * Assist in daily processing of lockbox payments, ensuring accuracy in data entry and document handling. * Perform various tasks including sorting, mail opening, scanning, preparing ...

Leader Bank

Lockbox Floater

Burlington, MA · On-site

$44K - $66K/yr

Responsibilities * Assist in daily processing of lockbox payments, ensuring accuracy in data entry and document handling. * Perform various tasks including sorting, mail opening, scanning, preparing ...

prwt

Lead-Lockbox

Philadelphia, PA

... Check all processed work being transmitted for accuracy through batch control. · Make sure all payments received are secured in the Lockbox area and that currency is placed in the safe. · ...

prwt

Lead-Lockbox

Philadelphia, PA

... Check all processed work being transmitted for accuracy through batch control. · Make sure all payments received are secured in the Lockbox area and that currency is placed in the safe. · ...

Stellantis Financial Services

Payment Processor II

Atlanta, GA · On-site

$15.50 - $19.75/hr

Review funds received daily via lockbox, in house, wire, etc. and accurately post to customer ... Minimum of 2 years payment processing and/or related experience required. Education: * High school ...

PRWT Services, Inc.

Lead-Lockbox

Philadelphia, PA · On-site

... processed work being transmitted for accuracy through batch control. • Make sure all payments received are secured in the Lockbox area and that currency is placed in the safe. • Participate in ...

K-Tek Resourcing

Be Seen First

Payment Specialist

Jackson, MI · On-site

... and process returns, rejects, and exceptions, check exceptions (stop payments, stale/altered checks). · Oversee lockbox remittance preparation, scanning and submission. Develop and deliver ...

Keybank

Lockbox Extractor Specialist

Brooklyn, OH · Hybrid

$18 - $23.08/hr

Previous experience in a lockbox, banking, mailroom, or payment processing environment * Prior data ... entry or exception keying experience * Experience handling checks or financial documents

PRWT Services

Clerk-Lockbox

Philadelphia, PA · On-site

$13.75/hr

Process work being transmitted accurately through batch control. * Make sure all payments received are secured in the Lockbox area. * Assist in the training of new staff members * Work under the ...

KeyBank

Lockbox Extractor Specialist

Brooklyn, OH · On-site

$18 - $23.08/hr

Previous experience in a lockbox, banking, mailroom, or payment processing environment * Prior data ... entry or exception keying experience * Experience handling checks or financial documents

CFS

Cash Applications Specialist

Hilliard, OH

$21 - $23/hr

Process lockbox payments, remit checks, and batch cash receipts. * Research and apply payments accurately to customer accounts. * Process ACH payments received via email and update payment status in ...

Career Movement

Legal AR Specialist

Ronkonkoma, NY · On-site +1

$21.25 - $28/hr

Key Responsibilities Cash Applications - Process and accurately apply incoming payments including checks, credit cards, lockbox payments, wires, and ACH transactions. Account Maintenance - Post ...

Career Movement

Legal AR Specialist

Ronkonkoma, NY · On-site

$21.25 - $28/hr

Key Responsibilities Cash Applications - Process and accurately apply incoming payments including checks, credit cards, lockbox payments, wires, and ACH transactions. Account Maintenance - Post ...

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Lockbox Payment Processing information

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$10

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$26

How much do lockbox payment processing jobs pay per hour?

As of Jun 28, 2026, the average hourly pay for lockbox payment processing in the United States is $17.99, according to ZipRecruiter salary data. Most workers in this role earn between $15.38 and $19.71 per hour, depending on experience, location, and employer.

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.
More about Lockbox Payment Processing jobs
What cities are hiring for Lockbox Payment Processing jobs? Cities with the most Lockbox Payment Processing job openings:
What states have the most Lockbox Payment Processing jobs? States with the most job openings for Lockbox Payment Processing jobs include:
Lockbox Payment Processing jobs near you
Infographic showing various Lockbox Payment Processing job openings in the United States as of June 2026, with employment types broken down into 4% As Needed, 72% Part Time, 4% Temporary, 16% Contract, and 4% Nights. Highlights an 87% Physical, 5% Hybrid, and 8% Remote job distribution, with an average salary of $37,422 per year, or $18 per hour.
Loan Servicing Specialist I - Monetary Payment Processing

Loan Servicing Specialist I - Monetary Payment Processing

Octane

Irving, TX • On-site

Full-time

Medical, Dental, Vision, Retirement, PTO

Posted 10 days ago

Job description

Octane is unlocking the power of financial products for merchants and consumers. Our cutting-edge technology and innovative financial products empower businesses with more control and flexibility, enabling them to deliver seamless digital experiences, drive customer loyalty, and build long-term value.
Octane supports merchants throughout the sales cycle: connecting dealerships with high-intent buyers, driving transparent, fast, and easy closings with award-winning technology, and providing on-going customer care with superior loan servicing.
Founded in 2014, Octane supports over 60 OEM partner brands and over 4,000 dealer partners, and has a team of over 600. Visit www.octane.co.
Octane's Operations Team is seeking a Loan Servicing Specialist to join their team. This role will focus on monetary servicing functions related to loan payments, check processing, recovery transactions and payment exception handling. The right candidate will ensure accurate application of funds, documentation and timely resolution of payment discrepancies while maintaining compliance with internal policies and quality standards.
This is a hybrid position in our Irving office.
Responsibilities:
  • Payment & Transaction Processing
    • Review and resolve payment overages, payoff shortages, and payment application discrepancies.
    • Properly identify non-customer payments including reserve recordings and third-party remittances.
    • Apply recovery payments including total loss processing and payoff-related transactions.
  • Refunds & Adjustments
    • Facilitate aftermarket refund application and reconciliation.
    • Ensure accurate posting and documentation of customer refunds.
    • Create loan adjustments within allowed limits.
  • Check Processing
    • Assist in inbound physical check intake and deposit preparation.
    • Perform batching, deposit operations, and check imaging.
    • Correctly document information for outgoing checks, and resolve pending check exceptions.
  • Payment Exception Handling
    • Investigate unresolved payment items.
    • Maintain documentation supporting payments and adjustments.
    • Process intake and application of payments with timeliness, in alignment with internal and external deadlines.
  • Operational Controls
    • Ensure loan and other system updates related to payment posting are accurate.
    • Maintain compliance with payment handling procedures and policies.
    • Compliant mail handling for security and confidentiality.

Requirements:
  • 1-5 years of experience in a payment processing, accounting, lending, or customer service-oriented role preferred.
  • Background with check, cash, or payment handling is strongly preferred.
  • Strong understanding of Lockbox functions is strongly preferred.
  • Experience in:
    • Consumer, secured, and/or retail installment loans are preferred.
    • Payments or customer transactions are preferred.
    • Workflows and adapting to changing volume.
  • Associates+ degree, or some college credit, preferred but not required.
  • Accuracy and attention to detail.
  • Proficient in Microsoft Office Suite (Word and Excel) and or Google Workspace i.e., G-Suite (Docs & Sheets)
  • Experience with DocuSign, Lockbox, or LMS preferred.
  • Experience with payment reconciliations is preferred.

Benefits:
  • Robust Health Care Plans (Medical, Dental & Vision)
  • Up to 20 Days PTO (Accrued)
  • Generous Parental Leave
  • Retirement Plan (401k with Company Match).
  • Educational Assistance/Tuition Reimbursement up to $3K/year
  • Recreational Safety Benefit
  • Wellhub (Gympass) Wellness Benefit

Disclaimer: The above statements are intended to describe the general nature and level of work being performed by associates assigned to this classification. They are not to be construed as an exhaustive list of all responsibilities, duties, and skills required of personnel so classified. All personnel may be required to perform duties outside of their normal responsibilities from time to time, as needed.
Octane Lending is an equal opportunity employer committed to providing equal employment opportunity without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, or any other protected status with respect to recruitment, hiring, promotion and other terms and conditions of employment.

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