Lockbox Specialist
$17 - $18.31/hr
Title: Lockbox Specialist Client: Banking Location: Onsite at Chicago IL Duration: 12+ months of ... annually - AS Applicable) Processes transactions in one or more of the company's internal ...
Lockbox Specialist
$17 - $18.31/hr
Title: Lockbox Specialist Client: Banking Location: Onsite at Chicago IL Duration: 12+ months of ... annually - AS Applicable) Processes transactions in one or more of the company's internal ...
Lockbox Specialist
$17 - $18.31/hr
Title: Lockbox Specialist Client: Banking Location: Onsite at Chicago IL Duration: 12+ months of ... annually - AS Applicable) Processes transactions in one or more of the company's internal ...
Lockbox Specialist
$17 - $18.31/hr
Title: Lockbox Specialist Client: Banking Location: Onsite at Chicago IL Duration: 12+ months of ... annually - AS Applicable) Processes transactions in one or more of the company's internal ...
Lockbox Specialist
$17 - $18.31/hr
Title: Lockbox Specialist Client: Banking Location: Onsite at Chicago IL Duration: 12+ months of ... annually - AS Applicable) Processes transactions in one or more of the company's internal ...
Lockbox Specialist
$17 - $18.31/hr
Title: Lockbox Specialist Client: Banking Location: Onsite at Chicago IL Duration: 12+ months of ... annually - AS Applicable) Processes transactions in one or more of the company's internal ...
Lockbox Specialist
$17 - $18.31/hr
Title: Lockbox Specialist Client: Banking Location: Onsite at Chicago IL Duration: 12+ months of ... annually - AS Applicable) Processes transactions in one or more of the company's internal ...
Lockbox Specialist
$17 - $18.31/hr
Title: Lockbox Specialist Client: Banking Location: Onsite at Chicago IL Duration: 12+ months of ... annually - AS Applicable) Processes transactions in one or more of the company's internal ...
Lockbox Specialist
$17 - $18.31/hr
Title: Lockbox Specialist Client: Banking Location: Onsite at Chicago IL Duration: 12+ months of ... annually - AS Applicable) Processes transactions in one or more of the company's internal ...
Lockbox Specialist
$17 - $18.31/hr
Title: Lockbox Specialist Client: Banking Location: Onsite at Chicago IL Duration: 12+ months of ... annually - AS Applicable) Processes transactions in one or more of the company's internal ...
Lockbox Specialist
$17 - $18.31/hr
Title: Lockbox Specialist Client: Banking Location: Onsite at Chicago IL Duration: 12+ months of ... annually - AS Applicable) Processes transactions in one or more of the company's internal ...
Lockbox Specialist
$17 - $18.31/hr
Title: Lockbox Specialist Client: Banking Location: Onsite at Chicago IL Duration: 12+ months of ... annually - AS Applicable) Processes transactions in one or more of the company's internal ...
Lockbox Specialist
$17 - $18.31/hr
Title: Lockbox Specialist Client: Banking Location: Onsite at Chicago IL Duration: 12+ months of ... annually - AS Applicable) Processes transactions in one or more of the company's internal ...
Lockbox Specialist
$17 - $18.31/hr
Title: Lockbox Specialist Client: Banking Location: Onsite at Chicago IL Duration: 12+ months of ... annually - AS Applicable) Processes transactions in one or more of the company's internal ...
Lockbox Specialist
$17 - $18.31/hr
Title: Lockbox Specialist Client: Banking Location: Onsite at Chicago IL Duration: 12+ months of ... annually - AS Applicable) Processes transactions in one or more of the company's internal ...
Lockbox Specialist
$17 - $18.31/hr
Title: Lockbox Specialist Client: Banking Location: Onsite at Chicago IL Duration: 12+ months of ... annually - AS Applicable) Processes transactions in one or more of the company's internal ...
Lockbox Specialist
$17 - $18.31/hr
Title: Lockbox Specialist Client: Banking Location: Onsite at Chicago IL Duration: 12+ months of ... annually - AS Applicable) Processes transactions in one or more of the company's internal ...
Lockbox Specialist
$17 - $18.31/hr
Title: Lockbox Specialist Client: Banking Location: Onsite at Chicago IL Duration: 12+ months of ... annually - AS Applicable) Processes transactions in one or more of the company's internal ...
Lockbox Specialist
$17 - $18.31/hr
Title: Lockbox Specialist Client: Banking Location: Onsite at Chicago IL Duration: 12+ months of ... annually - AS Applicable) Processes transactions in one or more of the company's internal ...
Lockbox Specialist
$17 - $18.31/hr
Title: Lockbox Specialist Client: Banking Location: Onsite at Chicago IL Duration: 12+ months of ... annually - AS Applicable) Processes transactions in one or more of the company's internal ...
Lockbox Specialist
$17 - $18.31/hr
Title: Lockbox Specialist Client: Banking Location: Onsite at Chicago IL Duration: 12+ months of ... annually - AS Applicable) Processes transactions in one or more of the company's internal ...
Lockbox Specialist
$17 - $18.31/hr
Title: Lockbox Specialist Client: Banking Location: Onsite at Chicago IL Duration: 12+ months of ... annually - AS Applicable) Processes transactions in one or more of the company's internal ...
Lockbox Specialist
$17 - $18.31/hr
Title: Lockbox Specialist Client: Banking Location: Onsite at Chicago IL Duration: 12+ months of ... annually - AS Applicable) Processes transactions in one or more of the company's internal ...
Lockbox Specialist
$17 - $18.31/hr
Title: Lockbox Specialist Client: Banking Location: Onsite at Chicago IL Duration: 12+ months of ... annually - AS Applicable) Processes transactions in one or more of the company's internal ...
Lockbox Specialist
$17 - $18.31/hr
Title: Lockbox Specialist Client: Banking Location: Onsite at Chicago IL Duration: 12+ months of ... annually - AS Applicable) Processes transactions in one or more of the company's internal ...
Lockbox Specialist
$17 - $18.31/hr
Title: Lockbox Specialist Client: Banking Location: Onsite at Chicago IL Duration: 12+ months of ... annually - AS Applicable) Processes transactions in one or more of the company's internal ...
Lockbox Specialist
$17 - $18.31/hr
Title: Lockbox Specialist Client: Banking Location: Onsite at Chicago IL Duration: 12+ months of ... annually - AS Applicable) Processes transactions in one or more of the company's internal ...
Lockbox Specialist
$17 - $18.31/hr
Title: Lockbox Specialist Client: Banking Location: Onsite at Chicago IL Duration: 12+ months of ... annually - AS Applicable) Processes transactions in one or more of the company's internal ...
Lockbox Specialist
$17 - $18.31/hr
Title: Lockbox Specialist Client: Banking Location: Onsite at Chicago IL Duration: 12+ months of ... annually - AS Applicable) Processes transactions in one or more of the company's internal ...
Lockbox Specialist
$17 - $18.31/hr
Title: Lockbox Specialist Client: Banking Location: Onsite at Chicago IL Duration: 12+ months of ... annually - AS Applicable) Processes transactions in one or more of the company's internal ...
Lockbox Specialist
$17 - $18.31/hr
Title: Lockbox Specialist Client: Banking Location: Onsite at Chicago IL Duration: 12+ months of ... annually - AS Applicable) Processes transactions in one or more of the company's internal ...
Lockbox Specialist
$17 - $18.31/hr
Title: Lockbox Specialist Client: Banking Location: Onsite at Chicago IL Duration: 12+ months of ... annually - AS Applicable) Processes transactions in one or more of the company's internal ...
Cash Applications Clerk
$45K - $60K/yr
Familiarity with lockbox processing, electronic remittance, and bank reconciliation. Physical Requirements * Ability to sit for prolonged periods while working on a computer. * Occasional lifting of ...
Cash Applications Clerk
$45K - $60K/yr
Familiarity with lockbox processing, electronic remittance, and bank reconciliation. Physical Requirements * Ability to sit for prolonged periods while working on a computer. * Occasional lifting of ...
Lockbox Specialist
$17 - $18.31/hr
Title: Lockbox Specialist Client: Banking Location: Onsite at Chicago IL Duration: 12+ months of ... annually - AS Applicable) Processes transactions in one or more of the company's internal ...
Lockbox Specialist
$17 - $18.31/hr
Title: Lockbox Specialist Client: Banking Location: Onsite at Chicago IL Duration: 12+ months of ... annually - AS Applicable) Processes transactions in one or more of the company's internal ...
Cash Applications Clerk
$45K - $60K/yr
Familiarity with lockbox processing, electronic remittance, and bank reconciliation. Physical Requirements * Ability to sit for prolonged periods while working on a computer. * Occasional lifting of ...
Quick apply
Cash Applications Clerk
$45K - $60K/yr
Familiarity with lockbox processing, electronic remittance, and bank reconciliation. Physical Requirements * Ability to sit for prolonged periods while working on a computer. * Occasional lifting of ...
Cash Applications Clerk
$45K - $60K/yr
Familiarity with lockbox processing, electronic remittance, and bank reconciliation. Physical Requirements * Ability to sit for prolonged periods while working on a computer. * Occasional lifting of ...
Cash Applications Clerk
$45K - $60K/yr
Familiarity with lockbox processing, electronic remittance, and bank reconciliation. Physical Requirements * Ability to sit for prolonged periods while working on a computer. * Occasional lifting of ...
Lockbox Processing information
See Illinois salary details
$9.08 - $10.12
2% of jobs
$10.12 - $11.16
0% of jobs
$11.16 - $12.20
1% of jobs
$12.20 - $13.24
1% of jobs
$13.24 - $14.27
4% of jobs
$14.27 - $15.31
4% of jobs
$16.07 is the 25th percentile. Wages below this are outliers.
$15.31 - $16.35
17% of jobs
The median wage is $17.16 / hr.
$16.35 - $17.39
26% of jobs
$17.39 - $18.42
19% of jobs
$18.44 is the 75th percentile. Wages above this are outliers.
$18.42 - $19.46
13% of jobs
$19.46 - $20.50
13% of jobs
$9
$17
$20
How much do lockbox processing jobs pay per hour?
As of Jun 10, 2026, the average hourly pay for lockbox processing in Illinois is $17.38, according to ZipRecruiter salary data. Most workers in this role earn between $16.30 and $18.85 per hour, depending on experience, location, and employer.
What is the difference between Lockbox Processing vs Accounts Receivable Clerk?
| Aspect | Lockbox Processing | Accounts Receivable Clerk |
|---|---|---|
| Primary Role | Processing incoming payments and deposits | Managing customer accounts and billing |
| Credentials | Basic accounting knowledge, familiarity with banking procedures | Accounting or finance degree often preferred |
| Work Environment | Banking or finance department, often in office settings | Office environment, interacting with finance teams and customers |
| Industry Usage | Financial institutions, corporations with large payment volumes | Businesses managing accounts receivable |
Lockbox Processing focuses on handling incoming payments and deposits, often within banking or corporate finance settings. In contrast, Accounts Receivable Clerks manage customer accounts, billing, and collections. While both roles require basic accounting skills, Lockbox Processing emphasizes payment processing, whereas Accounts Receivable Clerks handle account management and reconciliation.
What are some common challenges faced in a Lockbox Processing role, and how can they be managed effectively?
In Lockbox Processing, one of the main challenges is maintaining accuracy and speed while handling large volumes of financial transactions, especially during peak periods. Errors can lead to delays or misapplied payments, so attention to detail and strong organizational skills are vital. Additionally, adapting to frequent changes in client instructions and complying with security protocols can be demanding. Many teams use quality control measures and regular training to help mitigate these challenges, and collaboration with team members ensures smooth workflow and quick resolution of any discrepancies.
What are the key skills and qualifications needed to thrive as a Lockbox Processing Specialist, and why are they important?
To thrive as a Lockbox Processing Specialist, you need strong attention to detail, data entry accuracy, and a high school diploma or equivalent. Familiarity with lockbox software, scanning equipment, check processing systems, and sometimes knowledge of banking regulations is typically required. Reliability, organizational skills, and the ability to work efficiently under tight deadlines are valuable soft skills in this role. These skills are crucial to ensure accurate and timely processing of financial transactions, minimizing errors and maintaining client trust.
What is lockbox processing?
Lockbox processing is a service provided by banks to help businesses manage incoming payments more efficiently. In this process, customer payments are sent directly to a special post office box (lockbox) accessible by the bank. The bank collects, processes, and deposits these payments on behalf of the business, often scanning checks and remittance documents for electronic access. This service helps companies speed up payment collection, reduce manual handling, and improve cash flow management.
What are popular job titles related to Lockbox Processing jobs in Illinois? For Lockbox Processing jobs in Illinois, the most frequently searched job titles are:
What job categories do people searching Lockbox Processing jobs in Illinois look for? The top searched job categories for Lockbox Processing jobs in Illinois are:
What cities in Illinois are hiring for Lockbox Processing jobs? Cities in Illinois with the most Lockbox Processing job openings:
$17 - $18.31/hr
Full-time
Medical, Dental, Vision, Life, Retirement, PTO
Posted 13 days ago
Job description
Job Details: Title: Lockbox Specialist Client: Banking Location: Onsite at Chicago IL Duration: 12+ months of contract | (Based upon performance, could be possibility of extension or hire) Pay Range: $17/hr - $18.31/Hr. Shift: Friday night – Tuesday night 10:00pm - 6:30am Benefits: The Company offers the following benefits for this position, subject to applicable eligibility requirements: medical insurance, dental insurance, vision insurance, 401(k) retirement plan, life insurance, long-term disability insurance, short-term disability insurance, paid parking/public transportation, (paid time , paid sick and safe time , hours of paid vacation time, weeks of paid parental leave, paid holidays annually - AS Applicable) Job Description: Processes transactions in one or more of the company's internal operations to support domestic and international consumer, commercial and wholesale bank businesses or services functions. Is seen as a subject matter expert and good resource for peers.
Responsibilities may include: basic level reporting, customer service support, reviewing and processing transactions, sorting using electronic or mechanical equipment, reconciling, statement rendering, MICR/image, float, lock box, remittance, ATM deposit, and performing other support operations functions as required. Maintains internal operational and financial controls and ensures they meet bank standards. Ensures quality service and effective and efficient operations support for the assigned area's internal business partners and/or external customers/clients.
Senior level position performs various and complex item processing functions as necessary, under general supervision. Decisions have greater impact on internal and external customer relationships than at the entry or intermediate levels.