ZipRecruiter

Log In

1

Lockbox Processing Jobs in New York (NOW HIRING)

East West Bank

Senior Collateral Analyst

Manhattan, NY · On-site

$43/hr

Process advances and principal paydowns on credit facilities * Prepare, review, and settle monthly ... Investigate customer collection, lockbox, and account activity inquiries * Assist with training and ...

East West Bank

Senior Collateral Analyst

Manhattan, NY · On-site

$20/hr

Process advances and principal paydowns on credit facilities * Prepare, review, and settle monthly ... Investigate customer collection, lockbox, and account activity inquiries * Assist with training and ...

DSV A/S

Supervisor, Cash-In Accounts Receivable

Iselin, NJ · On-site

$81K - $93K/yr

This position plays a key role in driving process efficiency, maintaining strong internal controls ... Knowledge of EDI, lockbox banking, and electronic payment platforms. * Familiarity with continuous ...

next page

Showing results 1-20

All JobsLockbox Processing JobsLockbox Processing Jobs in New York

Lockbox Processing information

See New York salary details

$10

$19

$23

How much do lockbox processing jobs pay per hour?

As of Jul 6, 2026, the average hourly pay for lockbox processing in New York is $19.63, according to ZipRecruiter salary data. Most workers in this role earn between $18.41 and $21.30 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 New York? For Lockbox Processing jobs in New York, the most frequently searched job titles are:
What job categories do people searching Lockbox Processing jobs in New York look for? The top searched job categories for Lockbox Processing jobs in New York are:
Lockbox Processing jobs near you
Infographic showing various Lockbox Processing job openings in New York as of June 2026, with employment types broken down into 4% As Needed, 3% Full Time, 87% Part Time, 3% Temporary, and 3% Nights. Highlights an 88% Physical, 4% Hybrid, and 8% Remote job distribution, with an average salary of $40,824 per year, or $19.6 per hour.
Senior Collateral Analyst

Senior Collateral Analyst

East West Bank

Manhattan, NY • On-site

$43/hr

Full-time

Posted 13 days ago

Job description

Since 1973, East West Bank has served as a pathway to success. With over 110 locations across the U.S. and Asia, we are the premier financial bridge between the East and West. Our teams of experienced, multi-cultural professionals help guide businesses and community members on both sides of the Pacific looking to explore new markets and create new opportunities, and our sustained growth and expertise in industries like real estate, entertainment and media, private equity and venture capital, and high-tech help build sustainable businesses and expand our associates’ potential for career advancement. 

Headquartered in California, East West Bank (Nasdaq: EWBC) is a top-performing commercial bank with a strong foundation, an enterprising spirit and a commitment to absolute integrity. East West Bank gives people the confidence to reach further.


The Structured/Specialty Finance Senior Collateral Analyst supports portfolio performance by monitoring loans where repayment relies primarily on asset-based cash flows. In this role, you will assist with assessing collateral, tracking covenant compliance, managing borrowing bases, processing funding transactions, and verifying monthly cash flow waterfalls to ensure accuracy. This is a client-facing position that involves servicing client requests and escalating loan or banking issues as needed. 


  • Review and evaluate Borrowing Base Certificates to determine funding availability in accordance with loan documentation, eligibility requirements, and concentration limits
  • Process advances and principal paydowns on credit facilities
  • Prepare, review, and settle monthly distributions for interest, fees, third parties, and facility deficits
  • Review custodian certifications to confirm pledged receivables reconcile to borrowing base reports
  • Manage transfers from EWBcontrolled accounts in accordance with Deposit Account Control Agreements
  • Coordinate settlement of legal fees, collateral exam fees, and other creditrelated expenses
  • Maintain reporting and notification processes for syndicated lenders where EWB acts as lead agent
  • Track receipt and aging of required monthly, quarterly, and annual financial statements and reports
  • Upload received financial reporting and BBCs to shared drives and bank’s imaging systems and update tickler controls
  • Review and process external audit confirmations
  • Maintain trend tracking and key performance metrics
  • Create and distribute monthly interest and fee settlement calculations in accordance with loan documents
  • Investigate customer collection, lockbox, and account activity inquiries
  • Assist with training and onboarding of new team members and provide back-up coverage for team members
  • Perform adhoc analysis and special projects as assigned
  • May perform other duties as needed.

  • 3–5+ years of experience in Collateral Analysis, Credit Supervision, or AssetBased / Structured Finance Lending
  • Bachelor’s degree in finance, Accounting, Economics, or a related field
  • Proficient in Microsoft Excel and the MS Office Suite
  • Strong analytical and organizational skills with close attention to detail
  • Ability to manage multiple priorities and meet reporting deadlines
  • Effective written and verbal communication skills
  • Ability to work independently and collaboratively within a team environment

Applicants must have legal authorization to work in the United States.  We do not offer visa sponsorship at this time.  


The base pay range for this position is USD $20.00/Hr. - USD $43.00/Hr. Exact offers will be determined based on job-related knowledge, skills, experience, and location.

Apply