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Lockbox Processor Jobs in Baltimore, MD (NOW HIRING)

Office Supervisor

Baltimore, MD · On-site

$59K - $62K/yr

Preparation and maintenance of a staff directive log, which defines procedures to be followed by the Customer Service Center team in the processing of applications, reconciling lockbox transactions ...

Cash Operations Representative

Annapolis, MD · 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 ...

PAYMENT POSTER

Baltimore, MD

$18 - $22.50/hr

Cashier functions such as credit card processing and completing deposits. * Read and understand ... Receives payments from lockbox, 835 and mail, posts payments to appropriate patient accounts.

PAYMENT POSTER

Owings Mills, MD

$17.25 - $21.75/hr

Cashier functions such as credit card processing and completing deposits. * Read and understand ... Receives payments from lockbox, 835 and mail, posts payments to appropriate patient accounts.

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Lockbox Processor information

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How much do lockbox processor jobs pay per hour?

As of Jul 26, 2026, the average hourly pay for lockbox processor 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.

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 data entry tools.

What jobs in the US pay 300,000 a year?

Lockbox processors typically do not earn $300,000 annually; such high salaries are usually associated with executive roles, specialized medical professionals, or senior corporate positions. High-paying jobs often require advanced education, extensive experience, or leadership responsibilities. For most processing or administrative roles, salaries are significantly lower than this threshold.

What are the key skills and qualifications needed to thrive in the Lockbox Processor position, and why are they important?

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 is a lockbox processing?

Lockbox processing is a service used by companies to handle incoming payments, where banks receive and process payments sent directly from customers to a designated P.O. box. Lockbox processors, often employed in financial institutions or accounts receivable departments, scan, record, and deposit payments to streamline cash flow and reduce manual handling. This process typically involves data entry, check imaging, and reconciliation using specialized software.

What does a typical day look like for a Lockbox Processor?

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 is a Lockbox Processor job?

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?

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 a fast-paced environment to support efficient cash flow management.
What are popular job titles related to Lockbox Processor jobs in Baltimore, MD? For Lockbox Processor jobs in Baltimore, MD, the most frequently searched job titles are:
What job categories do people searching Lockbox Processor jobs in Baltimore, MD look for? The top searched job categories for Lockbox Processor jobs in Baltimore, MD are:
What cities near Baltimore, MD are hiring for Lockbox Processor jobs? Cities near Baltimore, MD with the most Lockbox Processor job openings:
Infographic showing various Lockbox Processor job openings in Baltimore, MD as of July 2026, with employment types broken down into 1% Internship, 72% Full Time, 3% Part Time, 2% Temporary, 13% Contract, and 9% Nights. Highlights an 86% Physical, 4% Hybrid, and 10% Remote job distribution, with an average salary of $37,078 per year, or $17.8 per hour.
Banking Services Operations Associate II - Lockbox Processor (Onsite - 32 hours/week)

Banking Services Operations Associate II - Lockbox Processor (Onsite - 32 hours/week)

M&T Bank

Baltimore, MD • On-site

$19 - $31.14/hr

Full-time

Posted 7 days ago


M&T Bank rating

7.8

Company rating: 7.8 out of 10

Based on 185 frontline employees who took The Breakroom Quiz

88th of 170 rated banks


Job description

Schedule:
This role is fully onsite at Montgomery Park in Baltimore, MD. Shift hours are Monday and Friday 1pm - 8:30pm, Tuesday, Wednesday and Thursday 1pm - 7pm.
Overview:
Prepares and processes payments according to account specifications for Lockbox customers.
Primary Responsibilities:
  • Open and prepare deposits for processing using customer specific documented instructions.
  • Key deposit batch information into Lockbox application.
  • Capture check and document images utilizing high-speed imaging equipment.
  • Complete data entry based on customer specific documented instructions.
  • Complete check keying including dollar amounts and MICR line information.
  • Process credit card transactions utilizing merchant services application.
  • Review and prepare completed deposits for return to customer.
  • Prepare, balance and send customer data transmissions.
  • 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:
Minimum of a High School diploma or equivalent (GED) and a minimum of 1 year general work experience
M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $19.00 - $31.14 Hourly (USD). The successful candidate's particular combination of knowledge, skills, and experience will inform their specific compensation.
Location
Baltimore, Maryland, United States of America

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