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Lockbox Processor Jobs in Chicago, IL (NOW HIRING)

ABL Collateral Analyst II

Chicago, IL · On-site

$62K - $122K/yr

... documentation; processing of advances, collections and collateral updates, calculation of ... lockbox accounts; monitor DDA's for suspicious or overdraft activity. • Participate in all ...

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Lockbox Processor information

See Chicago, IL salary details

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How much do lockbox processor jobs pay per hour?

As of Jul 15, 2026, the average hourly pay for lockbox processor in Chicago, IL is $18.48, according to ZipRecruiter salary data. Most workers in this role earn between $17.36 and $20.05 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 the most commonly searched types of Lockbox Processor jobs in Chicago, IL? The most popular types of Lockbox Processor jobs in Chicago, IL are:
What are popular job titles related to Lockbox Processor jobs in Chicago, IL? For Lockbox Processor jobs in Chicago, IL, the most frequently searched job titles are:
What job categories do people searching Lockbox Processor jobs in Chicago, IL look for? The top searched job categories for Lockbox Processor jobs in Chicago, IL are:
What cities near Chicago, IL are hiring for Lockbox Processor jobs? Cities near Chicago, IL with the most Lockbox Processor job openings:
Customer Service Trainee

Customer Service Trainee

Advocate Aurora Health

Oak Brook, IL • On-site

$22.90 - $34.35/hr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 2 days ago

New


Advocate Aurora Health rating

7.6

Company rating: 7.6 out of 10

Based on 772 frontline employees who took The Breakroom Quiz

191st of 885 rated healthcare providers


Job description

Department:

10310 Enterprise Revenue Cycle - Patient Billing Contact Center IL

Status:

Full time

Benefits Eligible:

Yes

Hours Per Week:

40

Schedule Details/Additional Information:

The hours will be 8:30 - 5:00 CST.

Pay Range:

$22.90 - $34.35

Advocate Aurora Health candidates must live in these states: AK, AL, AR, AZ, DE, FL, GA, IA, ID, IL, IN, LA, KS, KY, ME, MI, MO, MS, MT, NC, ND, NE, NH, NM, NV, OH, OK, PA, SC, SD, TN, TX, UT, VA, WI, WV, WY

Major Responsibilities:

  • Delivers an exceptional Patient Financial experience by receiving and directing the public, by telephone or other electronic means, in a professional and courteous manner,demonstratingsensitivity to the diversity of the organization and its patients' needs.
  • Manages a high volume of inbound calls, answers patient inquiries, anddeterminestheappropriate pathfor resolution and follow-up.
  • Demonstrates excellent customer service andexpertiseto patients, guarantors, and other external and internal contacts through oral and written communication.
  • Responds to and documents all patients and internal inquiriesregardinghospital and professional visits in the patient billing platform as they relate to thepatientfinancial experience.
  • Understands varying business processes and procedures of both the Physician Billing Office and Hospital Billing Office and evaluates the mostappropriate routefor account resolution.
  • Reads, interprets, and understands various insurance correspondence, including both explanation and coordination of benefits.
  • Demonstrates a basic understanding of reimbursement terms across multiple payers and benefit plan types (HMO, PPO, Indemnity, HDHP) in both Physician Billing and Hospital Billing, and how these affect responsible party benefits and balances.
  • Demonstrates a basic understanding of standard healthcare coding methodologies (e.g., CPT, HCPCS, ICD-10).
  • Performs all clerical functionsrequiredto complete requests using available information and resources.
  • Coordinates issue resolution withappropriate teams, insurance companies, attorneys' offices, and other departments as needed.
  • Perform updates to insurance coverage (NC/GA only), demographic, and contact information in the patient billing system.
  • Analyzes responsible party outstanding balances and provides consultative services toestablishefficient account resolutions that meets patient needs while protecting Advocate Health's financial viability.
  • Prompts guarantorsto payoutstanding balances by phone with a credit or debit card, provides lockbox address for checks, orinitiatesmonthly payment arrangements.
  • Responsible for meeting andmaintainingestablished productivity and quality assurance goal
  • Responds to and documents all patients and internal inquiriesregardinghospital and professional visits in the patient billing platform as they relate to thepatientfinancial experience.
  • Upon successful completion of the Trainee Program (approx. 6 months) including all elements listed inmajor responsibilitiesand with Supervisor recommendation,teammatemay be eligible forpromotionto Customer Service Representative.

Licensure, Registration, and/or Certification Required:

  • None Required

Education Required:

  • High School Diploma or GED

Experience Required:

  • 2 years relevant customer service experience

Knowledge, Skills & Abilities Required:

  • Experience with Epic's Resolute Hospital or Resolute Professional billing applications preferred.
  • Working knowledge of professional and hospital billing and follow-up preferred.
  • Knowledge of HIPAA standards, medical terminology, and billing practices preferred.
  • Bi-lingual (Spanish and English) preferred.

Physical Requirements and Working Conditions:

  • Work primarily involves sitting, with some walkingrequired.
  • Heavy telephone use and interaction with patients, family members, other departments, and external sources.
  • Minimal standing for filing documents and research.
  • Moderate reaching and bending necessary.

PreferredJobRequirements:

Education:

  • Associates Degree

Experience:

  • 2 years incall center,hospital billing, professional billing, or shared services environment preferred

This job description indicates the general nature and level of work expected of the incumbent. It is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities required of the incumbent. Incumbent may be required to perform other related duties.

Our CommitmenttoYou:

Advocate Health offers a comprehensive suite of Total Rewards: benefits and well-being programs, competitive compensation, generous retirement offerings, programs that invest in your career development and so much more - so you can live fully at and away from work, including:

Compensation

  • Base compensation listed within the listed pay range based on factors such as qualifications, skills, relevant experience, and/or training

  • Premium pay such as shift, on call, and more based on a teammate's job

  • Incentive pay for select positions

  • Opportunity for annual increases based on performance

Benefits and more

  • Paid Time Off programs

  • Health and welfare benefits such as medical, dental, vision, life, andShort- and Long-Term Disability

  • Flexible Spending Accounts for eligible health care and dependent care expenses

  • Family benefits such as adoption assistance and paid parental leave

  • Defined contribution retirement plans with employer match and other financial wellness programs

  • Educational Assistance Program

Note: Eligibility for programs listed above may depend on your FTE or status (e.g., full-time, part-time, per diem, temporary, etc.); please ask a Recruiter for more information during an interview.


About Advocate Health

Advocate Health is the third-largest nonprofit, integrated health system in the United States, created from the combination of Advocate Aurora Health and Atrium Health. Providing care under the names Advocate Health Care in Illinois; Atrium Health in the Carolinas, Georgia and Alabama; and Aurora Health Care in Wisconsin, Advocate Health is a national leader in clinical innovation, health outcomes, consumer experience and value-based care. Headquartered in Charlotte, North Carolina, Advocate Health services nearly 6 million patients and is engaged in hundreds of clinical trials and research studies, with Wake Forest University School of Medicine serving as the academic core of the enterprise. It is nationally recognized for its expertise in cardiology, neurosciences, oncology, pediatrics and rehabilitation, as well as organ transplants, burn treatments and specialized musculoskeletal programs. Advocate Health employs 155,000 teammates across 69 hospitals and over 1,000 care locations, and offers one of the nation's largest graduate medical education programs with over 2,000 residents and fellows across more than 200 programs. Committed to providing equitable care for all, Advocate Health provides more than $6 billion in annual community benefits.


What Advocate Aurora Health employees say

Pay

Benefits

Hours and flexibility

Workplace

Get the full story on Breakroom


Advocate Health logo

About Advocate Health

Sourced by ZipRecruiter

Advocate Healthcare, based in Oak Lawn, Illinois, United States, is a leading figure in the health care industry. Accessible via their official website, 'advocatehealth.com', this organization provides a wide variety of medical services and treatment options. Founded in 1995 through a merger of Evangelical Health Systems Corporation and Lutheran General HealthSystem, Advocate Healthcare has grown exponentially over the years. Now, it operates more than 400 sites of care, including 12 hospitals that encompass 11 acute care hospitals, the state’s largest integrated children’s network, five Level I trauma centers, and three Level II trauma centers. Upholding their values of equality, compassion, excellence, partnership and stewardship, Advocate Healthcare's mission is centered on building lifelong relationships with patients by delivering the best health outcomes and highest level of service through an integrated approach to care and wellness.

Industry

Hospitals and health care and social assistance

Company size

10,000+ Employees

Headquarters location

Charlotte, NC, US