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Lockbox Processing Jobs in Tennessee (NOW HIRING)

Cash Application Specialist

Franklin, TN · On-site

$19 - $23.75/hr

Utilize Microsoft Dynamics D365 and/or SAP to accurately process lockbox, wire transfers, ACH, and check payments on the day they are received. * Review and input cash receipts, processing over 100 ...

Cash Application Specialist

Franklin, TN · On-site

$19 - $23.75/hr

Utilize Microsoft Dynamics D365 and/or SAP to accurately process lockbox, wire transfers, ACH, and check payments on the day they are received. * Review and input cash receipts, processing over 100 ...

Cash Application Specialist

Franklin, TN

$19 - $23.75/hr

Utilize Microsoft Dynamics D365 and/or SAP to accurately process lockbox, wire transfers, ACH, and check payments on the day they are received. * Review and input cash receipts, processing over 100 ...

Showing results 21-27

Lockbox Processing information

See Tennessee salary details

$8

$16

$19

How much do lockbox processing jobs pay per hour?

As of Aug 7, 2026, the average hourly pay for lockbox processing in Tennessee is $16.28, according to ZipRecruiter salary data. Most workers in this role earn between $15.29 and $17.69 per hour, depending on experience, location, and employer.

What does a lockbox processing clerk do?

A lockbox processing clerk handles the receipt and processing of payments sent via lockbox services, which involves opening mail, recording payments, and ensuring accurate data entry into financial systems. They often use specialized software and work in a fast-paced environment to ensure timely processing of transactions.

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.

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 processing do?

A lockbox processing specialist manages the receipt and processing of payments sent via mail, typically for businesses or financial institutions. They open, scan, and record payments, ensuring accurate data entry and timely deposit of funds, often using specialized software and following security protocols.

What are the key skills and qualifications needed to thrive as a lockbox processing specialist?

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 Tennessee? For Lockbox Processing jobs in Tennessee, the most frequently searched job titles are:
What job categories do people searching Lockbox Processing jobs in Tennessee look for? The top searched job categories for Lockbox Processing jobs in Tennessee are:
What cities in Tennessee are hiring for Lockbox Processing jobs? Cities in Tennessee with the most Lockbox Processing job openings:
Infographic showing various Lockbox Processing job openings in Tennessee as of August 2026, with employment types broken down into 80% Full Time, 15% Part Time, 1% Temporary, 3% Contract, and 1% Nights. Highlights an 92% Physical, 3% Hybrid, and 5% Remote job distribution, with an average salary of $33,868 per year, or $16.3 per hour.

SVP, Treasury Management Product Manager

Bank OZK

Nashville, TN • On-site

Full-time

Medical, Dental, Vision, Retirement, PTO

Posted 21 hours ago

Posted today


Bank OZK rating

8.2

Company rating: 8.2 out of 10

Based on 38 frontline employees who took The Breakroom Quiz

51st of 170 rated banks


Job description

Why Bank OZK

Founded on a legacy of more than 120 years in banking, Bank OZK is much more than just a company. We’re nationally recognized as an industry leader in financial services. That means we combine exceptional service with innovative technologies to deliver smart solutions to our clients across the country. We’re investing in small businesses, fueling economies in local communities and changing skylines in the largest cities across America. Here, we're not simply filling roles. We're fostering even greater careers.

The foundation for a great career starts with an exceptional team and a comprehensive benefits package. We believe in providing our dedicated team members with the best resources to support their physical, mental and financial wellbeing, including generous PTO, 401(k) matching, health, dental, vision (and pet!) insurance as well as special perks and discounts. Learn more about Bank OZK benefits.


Job Purpose & Scope

The SVP, Treasury Management Product Manager is responsible for strategic leadership, prioritization, commercialization, and performance of Bank OZK’s Treasury Management product portfolio. This role provides leadership across multiple Treasury Management products and initiatives while ensuring solutions are scalable, compliant, client-centric, and aligned with the Bank’s Treasury Management and payments strategy.

The role serves as the senior product leader for Treasury Management products, leading product managers and professional staff, setting product management standards, and coordinating across Technology, Operations, Sales, Finance, Risk, Compliance, and Legal within established governance frameworks.


Essential Job Functions
  1. Leads product portfolio strategy, roadmap prioritization, and lifecycle management across assigned Treasury Management products and capabilities.
  2. Develops and maintains a unified portfolio vision for end-to-end Treasury Management
  3. Leads annual product planning, investment prioritization, and roadmap governance.
  4. Prepares and presents product strategy, business cases, roadmap priorities, and performance reviews to senior leadership and governance forums.
  5. Establishes product management standards, operating procedures, governance practices, and prioritization routines across Treasury Management products.
  6. Provides leadership, direction, and development for product managers and professional staff.
  7. Provides senior product leadership for enterprise initiatives related to payments modernization, vendor strategy, and product governance.
  8. Oversees delivery and operational readiness of receivables products, ensuring scalability and service quality.
  9. Owns product strategy and lifecycle management for payables and disbursement solutions.
  10. Collaborates with clients and Treasury Sales to understand payables workflows, automation needs, and market expectations.
  11. Develops business cases for payables product enhancements, platform investments, and integrations.
  12. Oversees delivery and operational performance of payables solutions, including onboarding, processing, and service support.
  13. Acts as a central product owner coordinating with Technology, Operations, Sales, Finance, Risk, Compliance, and Legal.
  14. Balances client experience, operational capacity, and risk considerations in product decisions.
  15. Ensures all treasury management products meet regulatory, compliance, and internal risk management requirements.
  16. Prepares and presents product updates, business cases, and reviews to senior leadership and internal governance forums.
  17. Monitors product adoption, operational metrics, client feedback, and financial performance.
  18. Identifies opportunities for modernization, simplification, and costtoserve optimization.
  19. Serves as the voice of the customer in product prioritization and design decisions.
  20. Supports enterprise initiatives related to payments modernization and vendor strategy.
  21. Owns product requirements and client workflows for ACH origination, wire initiation, payables files, approval workflows, entitlements, limits, lockbox, RDC, ACH debit, posting, reconciliation, and cash application use cases.
  22. Defines standards for file formats, approval flows, entitlement structures, limit requirements, receivables outputs, reconciliation reporting, and integration needs across inbound and outbound treasury workflows.
  23. Leads modernization of receivables and payables workflows, including automation, file-based processing, exception reduction, cash application, and scalable integration capabilities.
  24. Monitors receivables and payables performance metrics, including straight-through processing, manual touch rate, payment and posting exception volume, funds availability cycle time, reconciliation automation, product adoption, and client feedback.
  25. Owns a prioritized product backlog and works with Technology, Operations, Risk, Compliance, and client-facing teams to deliver product requirements through structured intake, prioritization, testing, and release readiness.
  26. Develops and manages product business cases, including revenue impact, cost-to-serve, client experience, operational capacity, control impacts, and return on investment.
  27. Defines product-level controls and partners with Operations, Risk, Compliance, Fraud, and Audit to ensure products remain compliant, well-controlled, and scalable.
  28. Maintains product performance reporting, including adoption, volume, revenue contribution, operational quality, exception trends, client feedback, and service-level performance.
  29. Travels on company business as necessary.

Knowledge, Skills & Abilities
  1. Strong product leadership and crossfunctional collaboration skills.
  2. Ability to manage multiple treasury subdomains within a unified product strategy.
  3. Clientcentric mindset with strong understanding of treasury workflows.
  4. Solid analytical, financial, and business case development skills.
  5. Ability to operate effectively in a regulated banking environment.
  6. Strong understanding of end-to-end treasury workflows across receivables, payables, ACH, wire, lockbox, RDC, cash application, reconciliation, entitlements, limits, and client file transmission.
  7. Ability to provide portfolio-level leadership across multiple treasury product domains while maintaining clear prioritization, product controls, and measurable business outcomes.
  8. Ability to use data, KPIs, and financial analysis to guide investment prioritization and measure business impact.
  9. Ability to translate product strategy into roadmap priorities, governance routines, controls, release readiness plans, and post-implementation performance reviews.
  10. Ability to effectively lead, train, mentor, and manage product managers and professional staff.
  11. Ability to travel on company business as necessary.

Basic Qualifications
  1. Bachelor’s degree in business, finance, related field or commensurate work experience, required.
  2. 6+ years of Treasury Management, Payments, or Product Management experience.
  3. 3+ years of leadership experience managing professional staff.
  4. Experience presenting business cases and product strategy to senior leadership.
  5. Experience leading product portfolios, roadmaps, or large-scale product initiatives.
  6. Familiarity with regulatory, compliance, and risk frameworks applicable to treasury management products.
  7. Experience developing business cases, product KPIs, executive reporting, or product performance dashboards, preferred.
  8. Must be able to submit to a post offer criminal background check which will include finger printing prior to employment with the Bank.

Job Expectations

Operate customary equipment and technology used in a business environment, with or without accommodation.

Note:   This description is not an exhaustive list of all job functions, duties, skills, and job standards required.  Other job functions, duties, skills, and standards may be added.  Management reserves the right to add or change the job requirements at any time.

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EEO Statement

Bank OZK is an equal opportunity employer and gives consideration for employment to qualified applicants without regard to race, color, religion, sex, national origin, age, sexual orientation, gender identity, disability status, protected veteran status, or any other characteristic protected by federal, state, and local law. Member FDIC.

Qualifications:
  1. Bachelor’s degree in business, finance, related field or commensurate work experience, required.
  2. 6+ years of Treasury Management, Payments, or Product Management experience.
  3. 3+ years of leadership experience managing professional staff.
  4. Experience presenting business cases and product strategy to senior leadership.
  5. Experience leading product portfolios, roadmaps, or large-scale product initiatives.
  6. Familiarity with regulatory, compliance, and risk frameworks applicable to treasury management products.
  7. Experience developing business cases, product KPIs, executive reporting, or product performance dashboards, preferred.
  8. Must be able to submit to a post offer criminal background check which will include finger printing prior to employment with the Bank.
Education:UNAVAILABLEEmployment Type: FULL_TIME

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