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Lockbox Processor Jobs in Baltimore, MD (NOW HIRING)

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 ...

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 ...

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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.

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 ...

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 ...

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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 ...

Lockbox Processor information

See Baltimore, MD salary details

$9

$17

$21

How much do lockbox processor jobs pay per hour?

As of Jul 5, 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 June 2026, with employment types broken down into 85% Full Time, 12% Part Time, 2% Contract, and 1% Nights. Highlights an 89% Physical, 4% Hybrid, and 7% Remote job distribution, with an average salary of $37,078 per year, or $17.8 per hour.

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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