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Lockbox Processing Jobs in Baltimore, MD (NOW HIRING)

Luminis Health

Cash Operations Representative

Annapolis, MD ยท On-site

$17.20 - $23.71/hr

Multi-division cash application processing experience with knowledge of lockbox manual and electronic file processing and banking reconciliation for multiple bank accounts. * Highly organized and ...

Luminis Health

Cash Operations Representative

Annapolis, MD ยท On-site

$17.20 - $23.71/hr

Multi-division cash application processing experience with knowledge of lockbox manual and electronic file processing and banking reconciliation for multiple bank accounts. * Highly organized and ...

Renaissance Equity Partners

Be Seen First

Customer Service Representative

Baltimore, MD ยท On-site

$45K/yr

Process borrower check-by-phone requests. * Respond to borrower correspondence & requests (regular mail, lockbox, website, emails, etc.). * Respond to inter-office requests for information on loans.

LHH US

Accounts Receivable Manager

Ellicott City, MD

$65K - $85K/yr

Ensure accurate and timely application of payments, including lockbox, ACH, and wire transactions ... Drive process improvements and system enhancements to increase efficiency and reduce outstanding ...

LHH US

Accounts Receivable Manager

Ellicott City, MD ยท On-site

$65K - $85K/yr

Ensure accurate and timely application of payments, including lockbox, ACH, and wire transactions ... Drive process improvements and system enhancements to increase efficiency and reduce outstanding ...

Apply Early

Flavor X

Be Seen First

AR Representative

Columbia, MD ยท On-site

$25/hr

Process customer payments via ACH, credit card, and lockbox * Apply payments accurately across multiple systems and business units * Troubleshoot and resolve failed or "stuck" transactions * Scan ...

All JobsLockbox Processing JobsLockbox Processing Jobs in Baltimore, MD

Lockbox Processing information

See Baltimore, MD salary details

$9

$17

$21

How much do lockbox processing jobs pay per hour?

As of Jul 5, 2026, the average hourly pay for lockbox processing in Baltimore, MD is $17.83, according to ZipRecruiter salary data. Most workers in this role earn between $16.73 and $19.33 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 Baltimore, MD? For Lockbox Processing jobs in Baltimore, MD, the most frequently searched job titles are:
What job categories do people searching Lockbox Processing jobs in Baltimore, MD look for? The top searched job categories for Lockbox Processing jobs in Baltimore, MD are:
Lockbox Processing jobs near you

Remarketing Coordinator

Element Fleet Management Corp.

Sparks, MD โ€ข On-site

$46K - $64K/yr

Full-time

Medical, PTO

Posted 19 days ago

Job description

Get started on an exciting career at Element!
Element employees make a difference in the lives of others every day. We are re-defining the fleet management industry to be people first, then business - delivering on our promise of a superior client experience. This takes hard work and innovation, and we need more like-minded people on our team.
About the Role
We're looking for a highly organized and detail-oriented Coordinator, Remarketing to join our team. In this role, you will support the financial integrity and operational effectiveness of the Remarketing organization by ensuring the accurate, timely and compliant processing of vehicle sale proceeds. This position serves as a key operational control point, managing daily reconciliation activities, supporting audit and compliance requirements and collaborating cross-functionally with Remarketing, Accounting, Treasury, and other internal partners to resolve discrepancies and maintain process accuracy. The Coordinator also contributes to continuous process improvement efforts, helping to strengthen operational consistency, compliance adherence and overall efficiency within the proceeds management function.
What You'll Do
  • Retrieval of daily bank and lockbox reports via web, ensuring all remittance info is complete and lockbox backup is included/complete. Create the daily all-level report of deposits by bank in Excel, format as required.
  • Distribute the all-level report, day deposits and lockbox reports to the applicable team members for Auction Proceeds and Client Directed Proceeds.
  • Complete the daily deposit reconciliation and create the daily tally report to ensure funds in and funds out balance.
  • Collect all applicable backup from team members that support the deposits, any manual deposits and any Journal entries for proceeds.
  • Scan the daily deposit and daily tally along with the relevant backup documentation used to balance and send to Accounting for GL processing, Remarketing process team members for confirmation of completion and Remarketing Manager for SOC Compliance review and approval.
  • Investigate all variances between proceeds received and the supporting backup and out of balance items between accounts, resolving all variances through communication with Element Remarketing team or other Element departments.
  • Post entries to general ledger and interface with accounting team to ensure all funds balance, as required.
  • Maintain all documentation backup required to meet SOC, SOX and IFCR requirements.
  • Compile and organize all reporting and backup required for internal and external audits as required.
  • Ensure all daily/monthly audits are performed, documented, retained and approved as required.

Basic Qualifications
  • High school diploma or equivalent
  • Minimum 1 to 2 years of Basic Accounting experience
  • Excel experience is required
  • Highly organized with strong attention to detail
  • Demonstrated oral/written communication skills
  • Ability to participate in cross functional teams but function independently once objective established

Preferred Qualifications
  • Education: College/University degree preferred.
  • Associate's or Bachelor's degree in Business, Finance, or Accounting preferred
  • 3-5 years of experience in financial services, accounting operations, banking, remarketing, or related operational environments preferred
  • Commercial Fleet experience preferred
  • Remarketing experience a plus
  • Experience managing documentation retention, manually and digitally

Location- Owings Mills, MD
The hiring base salary range for this position is $46,800 - $64,350 annually. Actual compensation within this range will be dependent upon the individual's knowledge, skills, experience, equity with other team members, and alignment with market data. Please note that the disclosed salary range is solely for candidates hired to perform work within this geographic location. Candidates hired to work in other locations will be subject to the pay range associated with that location.
What's in it for You
โ€ข A culture of innovation, empowerment, decision-making, and accountability
โ€ข Comprehensive health and welfare benefits that serve the needs of you and your family and foster a culture of wellness
โ€ข Additional benefits and amenities, including paid time-off programs (vacation, sick leave, and holidays)
Applicants will be required to undergo a background check only if and after a conditional offer of employment has been extended.
Element Fleet Management and its wholly owned subsidiaries are an equal opportunity employer committed to diversity, equity, inclusion, and belonging. We are pleased to consider all qualified applicants for employment without regard to race, color, religion, genetic information, sex, gender identity, sexual orientation, age, marital status, family status, ancestry, national origin, citizenship, physical or mental disability, veteran status, military obligations or any other characteristic protected by federal, state and local laws. Disability-related accommodations during the application and interview process are available upon request. Should you require an accommodation with our hiring process please send an email to talentacquisition@elementcorp.com or call (800) 665-9744. Element Fleet Management also uses AI-assisted tools to help screen and assess applications. These tools analyze information you provide (for example, your rฤ“sumฤ“ and screening responses) to identify job-related skills, qualifications, and experience. AI outputs do not by themselves determine whether you advance or receive an offer - they assist recruiters and hiring managers. Final hiring decisions are made by people.
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