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Lockbox Processor Jobs in Maryland (NOW HIRING)

Accounts Receivable Clerk

Rockville, MD · On-site

$19.25 - $24.50/hr

Process lockbox, remote, and bank wire deposits daily. * Perform collections on delinquent customer accounts (US and International). * Organize and maintain up-to-date financial records (e.g., aging ...

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Lockbox Processor information

See Maryland salary details

$9

$17

$20

How much do lockbox processor jobs pay per hour?

As of Aug 27, 2026, the average hourly pay for lockbox processor in Maryland is $17.41, according to ZipRecruiter salary data. Most workers in this role earn between $16.35 and $18.89 per hour, depending on experience, location, and employer.

What is a lockbox processor?

A Lockbox Processor is responsible for handling and processing payments received through a company's lockbox system. They open, sort, and scan incoming checks and documents, ensuring accurate data entry and deposit processing. The role requires attention to detail, efficiency in handling financial transactions, and familiarity with banking or payment processing systems. Lockbox Processors play a key role in maintaining cash flow by ensuring timely deposits and accurate record-keeping for businesses and financial institutions.

What does a lockbox processor do?

As a Lockbox Processor, your day generally involves opening and sorting incoming mail, extracting payments and documents, and carefully entering data into specialized bank systems. You'll often work in a secure, team-oriented environment where attention to detail and speed are equally important, as processing errors or delays can impact clients and bank operations. Collaboration with fellow processors, supervisors, and occasionally customer service teams is common to resolve exceptions or reconcile accounts. The workflow is typically structured with set deadlines, and while the role can be repetitive, it offers a clear sense of accomplishment and the opportunity to develop further skills in banking operations.

What skills and qualifications are needed to be a lockbox processor?

To thrive as a Lockbox Processor, you need strong attention to detail, accuracy in data entry, and basic numerical skills, often supported by a high school diploma or equivalent. Familiarity with lockbox processing software, document scanners, and sometimes bank-specific systems is typically required. Outstanding organizational skills, reliability, and the ability to work efficiently under deadlines are valuable soft skills in this position. These abilities are crucial for minimizing errors and ensuring the secure, timely processing of payments and transactions.

What are popular job titles related to Lockbox Processor jobs in Maryland?

For Lockbox Processor jobs in Maryland, the most frequently searched job titles are:

What job categories do people searching Lockbox Processor jobs in Maryland look for?

The top searched job categories for Lockbox Processor jobs in Maryland are:

What cities in Maryland are hiring for Lockbox Processor jobs?

Cities in Maryland with the most Lockbox Processor job openings:

Infographic showing various Lockbox Processor job openings in Maryland as of August 2026, with employment types broken down into 83% Full Time, and 17% Part Time. Highlights an 75% In-person, 17% Hybrid, and 8% Remote job distribution, with an average salary of $36,216 per year, or $17.4 per hour.

Banking Services Operations Associate III - Lockbox Support

Baltimore, MD • On-site


M&T Bank
Finance and Insurance • 10K+ employees

7.8

Company rating: 7.8 out of 10

Based on 187 frontline employees who took The Breakroom Quiz

79th of 172 rated banks

Good employer

Recommended by parents

Respectful managers


$20.55 - $34.25/hr

Full-time

Posted 28 days ago


Job description

Overview:

Processes and researches payments according to account specifications for Lockbox customers.

Primary Responsibilities:
  • Research and resolve customer inquiries received from internal business partners.
  • Complete entry-level reconciliation of internal department general ledger accounts as required by assigned area.
  • Prepare daily reports utilizing standard worksheet templates.
  • Open and prepare bank-by-mail deposits for processing.
  • Complete customer lockbox set-ups utilizing internal department applications to allow for accurate processing of transactions according to customer specifications.
  • Understand and adhere to the Company's risk and regulatory standards, policies and controls in accordance with the Company's Risk Appetite. Identify risk-related issues needing escalation to management.
  • Promote an environment that supports belonging and reflects the M&T Bank brand.
  • Maintain M&T internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators as applicable.
  • Complete other related duties as assigned.
Education and Experience Required:

Associates' degree,

OR in lieu of a degree,

A combined minimum of 2 years' higher education and/or work experience

Education and Experience Preferred:

Minimum of 2 years customer service experience in the financial service industry

Strong customer service skills

Strong organizational skills

Strong analytical skills

Strong problem-solving skills

Strong written and verbal communication skills

Ability to interact with different levels of the organization

M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $20.55 - $34.25 Hourly (USD). The successful candidate's particular combination of knowledge, skills, and experience will inform their specific compensation.LocationBaltimore, Maryland, United States of America


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