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Lockbox Processing Jobs in Cincinnati, OH (NOW HIRING)

Reviews and processes incoming checks or wires through the Default Lockbox. Monitors funds within Default unapplied buckets, reviews Charge Off Reports and processes Charge Offs if appropriate.

Reviews and processes incoming checks or wires through the Default Lockbox. Monitors funds within Default unapplied buckets, reviews Charge Off Reports and processes Charge Offs if appropriate.

Reviews and processes incoming checks or wires through the Default Lockbox. Monitors funds within Default unapplied buckets, reviews Charge Off Reports and processes Charge Offs if appropriate.

Reviews and processes incoming checks or wires through the Default Lockbox. Monitors funds within Default unapplied buckets, reviews Charge Off Reports and processes Charge Offs if appropriate.

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Lockbox Processing information

See Cincinnati, OH salary details

$8

$17

$20

How much do lockbox processing jobs pay per hour?

As of Sep 3, 2026, the average hourly pay for lockbox processing in Cincinnati, OH is $17.21, according to ZipRecruiter salary data. Most workers in this role earn between $16.15 and $18.70 per hour, depending on experience, location, and employer.

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 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 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 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 does a lockbox processing clerk do?

A lockbox processing clerk handles the receipt and processing of payments sent via lockbox services. They verify payment information, enter data into financial systems, and ensure accurate posting of transactions, often using specialized software and following strict procedures to maintain data accuracy and security.

What does a lockbox processing do?

A lockbox processing job involves receiving and processing payments sent by mail on behalf of a company. The role includes opening mail, recording payment details, and depositing funds into accounts, often using specialized software and following strict security procedures. Accuracy and attention to detail are essential skills in this position.

What are popular job titles related to Lockbox Processing jobs in Cincinnati, OH?

For Lockbox Processing jobs in Cincinnati, OH, the most frequently searched job titles are:

What job categories do people searching Lockbox Processing jobs in Cincinnati, OH look for?

The top searched job categories for Lockbox Processing jobs in Cincinnati, OH are:

What cities near Cincinnati, OH are hiring for Lockbox Processing jobs?

Cities near Cincinnati, OH with the most Lockbox Processing job openings:

Infographic showing various Lockbox Processing job openings in Cincinnati, OH as of August 2026, with employment types broken down into 1% As Needed, 79% Full Time, 15% Part Time, 1% Temporary, 3% Contract, and 1% Nights. Highlights an 93% Physical, 2% Hybrid, and 5% Remote job distribution, with an average salary of $35,803 per year, or $17.2 per hour.

Default Specialist I

Fifth Third

Cincinnati, OH โ€ข On-site

Full-time

Re-posted 19 days ago


Job description

Make banking a Fifth Third better
We connect great people to great opportunities. Are you ready to take the next step? Discover a career in banking at Fifth Third Bank.

GENERAL FUNCTION:

Working under close supervision, verifies work completed on incoming invoices from various vendors and has invoices processed for payment. Monitors Mortgage and Consumer billing inboxes and gains approval for any fee request over Investor or Bank allowable limits. Reviews and processes incoming checks or wires through the Default Lockbox. Monitors funds within Default unapplied buckets, reviews Charge Off Reports and processes Charge Offs if appropriate. Specialist must follow Investor, departmental and legal guidelines and is required to utilize multiple systems. Responsibilities may include handling confidential or restricted information requiring the individual to maintain confidentiality.

Responsible and accountable for risk by openly exchanging ideas and opinions, elevating concerns, and personally following policies and procedures as defined.

Accountable for always doing the right thing for customers and colleagues, and ensures that actions and behaviors drive a positive customer experience.

While operating within the Bank#s risk appetite, achieves results

by consistently identifying, assessing, managing, monitoring, and reporting risks of all types.

DUTIES & RESPONSIBILITIES:

  • Reviews incoming Invoices from multiple vendors for different lines of business to insure that billed items were accurately assessed.
  • Decisions and processes incoming invoices by approving for payment or denying payment.
  • Gains approval for any fee request over Investor or Bank allowable limits.
  • Posts funds to Default accounts as needed.
  • Creates and maintains reports as needed and distributes them to management or third party vendors when required.
  • Performs other duties as assigned.

SUPERVISORY RESPONSIBILITIES: None

MINIMUM KNOWLEDGE, SKILLS AND ABILITIES REQUIRED:

  • High school diploma or equivalent.
  • Minimum two years general office, accounts receivable/payable, or the equivalent
  • education/experience.
  • Excellent oral and written communication skills.
  • Strong attention to detail.
  • Solid mathematical skills.
  • Good knowledge of PC's, Microsoft Office Products including Outlook, Excel, Word and internet functions.
  • Systems experience with LoanSphere and Director a plus.
  • Annual Compliance and Regulatory Certifications as required by Fifth Third Bank.
  • Professional maturity and ability to work in a team environment while maintaining confidentiality.

WORKING CONDITIONS:

  • Normal office environment with little exposure to dust, extreme temperatures.
  • Noise level is moderate.
  • Extended viewing of CRT screen.
  • Repetitive keystroke movements.
  • Overtime as required.
Default Specialist I

At Fifth Third, we understand the importance of recognizing our employees for the role they play in improving the lives of our customers, communities and each other. Our Total Rewards include comprehensive benefits and differentiated compensation offerings to give each employee the opportunity to be their best every day.

The base salary for this position is reflective of the range of salary levels for all roles within this pay grade across the U.S. Individual salaries within this range will vary based on factors such as role, relevant skillset, relevant experience, education and geographic location.

Our extensive benefits programs are designed to support the individual needs of our employees and their families, encompassing physical, financial, emotional and social well-being.You can learn more about those programs on our 53.com Careers page at: https://www.53.com/content/fifth-third/en/careers/benefits.html or by consulting with your talent acquisition partner.

LOCATION -- Cincinnati, Ohio 45227

Attention search firms and staffing agencies: do not submit unsolicited resumes for this posting. Fifth Third does not accept resumes from any agency that does not have an active agreement with Fifth Third. Any unsolicited resumes - no matter how they are submitted - will be considered the property of Fifth Third and Fifth Third will not be responsible for any associated fee.

Fifth Third Bank, National Association is proud to have an engaged and inclusive culture and to promote and ensure equal employment opportunity in all employment decisions regardless of race, color, gender, national origin, religion, age, disability, sexual orientation, gender identity, military status, veteran status or any other legally protected status.