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Lockbox Processing Jobs in Iowa (NOW HIRING)

LHH US

Associate - Accounting Operations

Urbandale, IA · Hybrid

$25 - $28/hr

Review and process lockbox payments and apply cash to appropriate policies or invoices * Identify payment application details, ensuring accuracy of amounts and effective dates * Investigate and ...

LHH US

Associate - Accounting Operations

Urbandale, IA · Hybrid

$25 - $28/hr

Review and process lockbox payments and apply cash to appropriate policies or invoices * Identify payment application details, ensuring accuracy of amounts and effective dates * Investigate and ...

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Lockbox Processing information

See Iowa salary details

$8

$16

$19

How much do lockbox processing jobs pay per hour?

As of Jul 17, 2026, the average hourly pay for lockbox processing in Iowa is $16.85, according to ZipRecruiter salary data. Most workers in this role earn between $15.82 and $18.27 per hour, depending on experience, location, and employer.

What is the difference between Lockbox Processing vs Accounts Receivable Clerk?

AspectLockbox ProcessingAccounts Receivable Clerk
Primary RoleProcessing incoming payments and depositsManaging customer accounts and billing
CredentialsBasic accounting knowledge, familiarity with banking proceduresAccounting or finance degree often preferred
Work EnvironmentBanking or finance department, often in office settingsOffice environment, interacting with finance teams and customers
Industry UsageFinancial institutions, corporations with large payment volumesBusinesses 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.

How much does a lockbox processor make?

A lockbox processor typically earns between $30,000 and $45,000 annually, depending on experience, location, and the employer. The role often requires attention to detail and familiarity with banking software or processing systems.

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 does a lockbox processor do?

A lockbox processor handles incoming payments by processing mailed checks and remittances, recording transactions, and ensuring accurate data entry into financial systems. They often use specialized software and work in secure environments to facilitate efficient cash flow management.

What jobs pay $700 a day?

Lockbox processing jobs typically do not pay $700 a day; they are usually entry-level roles with lower wages. High-paying jobs that can reach $700 daily often include specialized roles such as project managers, certain freelance consultants, or skilled trades, which require experience, certifications, or advanced skills. These positions may involve longer hours or specific industry expertise.

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 jobs make $3,000 a month without a degree?

Lockbox processing roles typically do not pay $3,000 a month without experience or specialized skills. However, some entry-level positions in retail management, sales, or certain trades like HVAC or transportation can reach or exceed this income level through experience, certifications, or overtime. Many of these jobs require on-the-job training rather than formal degrees.
What are popular job titles related to Lockbox Processing jobs in Iowa? For Lockbox Processing jobs in Iowa, the most frequently searched job titles are:
What job categories do people searching Lockbox Processing jobs in Iowa look for? The top searched job categories for Lockbox Processing jobs in Iowa are:
Lockbox Processing jobs near you
Infographic showing various Lockbox Processing job openings in Iowa as of July 2026, with employment types broken down into 5% Internship, 40% As Needed, 21% Full Time, 6% Part Time, 2% Contract, and 26% Nights. Highlights an 88% Physical, 4% Hybrid, and 8% Remote job distribution, with an average salary of $35,049 per year, or $16.9 per hour.
Bank Operations Specialist

Bank Operations Specialist

QCR Holdings, Inc.

Cedar Rapids, IA • On-site

Other

Posted 15 days ago

Job description

Description

TITLE: Bank Operations Specialist

DEPARTMENT: 955 - Deposit Operations


JOB SUMMARY:

The Bank Operations Specialist is responsible for processing multiple bank and client records and files in a timely manner. This position will research and respond to internal and external inquiries and provide accurate information.


ESSENTIAL FUNCTIONS:

  • Complete domestic and foreign wire transfer requests in accordance with policy and procedures, governing wire transfer operations, utilizing multiple wire transfer systems. 
  • Verify that all information on wire transfers being processed through the department is accurate.
  • Perform and/or document "callback" verifications when required on outgoing wires.
  • Process appropriate entries on incoming and outgoing wires in an accurate and timely manner.
  • Utilize the Personal Identification Number (PIN) authority list according to wire transfer agreements.
  • Understand overdraft decision making to determine which overdraft checks to pay and which to return according to bank guidelines.
  • Prepare all demand deposit and general ledger recons that are assigned on a daily, weekly and monthly basis. 
  • Perform account adjustment. 
  • Perform other tasks involving wire logging and tracking, CD interest check posting and mailing, dollar posting, chargebacks and ATM adjustments. 
  • Prepare all lockbox contents to the specifications provided by the clients in accordance to their lockbox agreement. This will include preparing manual lockbox contents as well as assisting with the process of all automated lockbox contents.  
  • Protect all documents after scanning, including safe disposal when applicable and according to HIPAA requirements.
  • May provide support for Client Care, Retail and other departments. 
  • May be assigned additional duties such as answering client calls, respond to client requests through various channels, provide assistance with online banking, mobile banking, bill pay access, etc.
  • Review IRA and HSA forms and transactions are completed and accurate for reporting to the IRS.
  • Comply with all company or regulatory policies, procedures and requirements applicable to this position.
  • Foster and preserve a culture of inclusion.
  • Additional duties and responsibilities may be required to support the company's mission, vision and values. 


QUALIFICATIONS:

  • High school diploma or equivalent. Associate degree preferred.
  • Two years' experience in banking operations.
  • Experience in a retail and/or client service environment preferred.
  • Knowledge of balancing procedures.
  • Excellent client service skills.
  • Capability to work independently to complete assigned tasks.
  • Strong attention to detail and accuracy.
  • Strong verbal, written and interpersonal communication skills.
  • Proficient with Microsoft 365 products (Word, Excel, etc)

WORKING CONDITIONS:

  • Duties are performed in a professional office environment.
  • Prolonged periods sitting at a desk and working on a computer.
  • Overtime may be required.
  • Availability to work on Saturdays.


At QCR Holdings, Inc. we are committed to fostering and preserving a culture of inclusion and strongly believe that it's our differences - of all kinds - that make our company and our communities better and stronger.

QCR Holdings, Inc. is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, disability, age, sexual orientation, gender identity, national origin, veteran status, or other protected class status.

It is the policy of QCR Holdings, Inc. to comply with the Americans with Disabilities Act by providing reasonable accommodations to enable qualified individuals with disabilities to access the job application and interview process, to perform the essential functions of the job, and to receive equal access to other benefits and privileges of employment.

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