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Lockbox Processor Jobs in Elkridge, MD (NOW HIRING)

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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 ...

Sort/distribute incoming paper mail and digital correspondence from Lockbox and Sfax * Scan any ... processing by representative * Scan/Load non-payment EOBs to posting folder to be completed by ...

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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 ...

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Lockbox Processor information

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How much do lockbox processor jobs pay per hour?

As of Jul 6, 2026, the average hourly pay for lockbox processor in Elkridge, MD is $17.72, according to ZipRecruiter salary data. Most workers in this role earn between $16.63 and $19.23 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 cities near Elkridge, MD are hiring for Lockbox Processor jobs? Cities near Elkridge, MD with the most Lockbox Processor job openings:
Infographic showing various Lockbox Processor job openings in Elkridge, MD as of June 2026, with employment types broken down into 85% Full Time, 13% Part Time, 1% Contract, and 1% Nights. Highlights an 87% Physical, 5% Hybrid, and 8% Remote job distribution, with an average salary of $36,854 per year, or $17.7 per hour.
CASH SERVICES REPRESENTATIVE

CASH SERVICES REPRESENTATIVE

LifeBridge Health

Baltimore, MD • On-site

Full-time

Posted 21 days ago


LifeBridge Health rating

6.2

Company rating: 6.2 out of 10

Based on 77 frontline employees who took The Breakroom Quiz

691st of 877 rated healthcare providers


Job description

Who We Are:
LifeBridge Health is a dynamic, purpose-driven health system redefining care delivery across the mid-Atlantic and beyond, anchored by our mission to “improve the health of people in the communities we serve.” Join us to advance health access, elevate patient experiences, and contribute to a system that values bold ideas and community-centered care.
 

About the Role:

  • Under minimal supervision, posts cash receipts and rejections from all payors in the Hospital Information system in an accurate and timely manner in accordance with departmental policies. Performs daily balancing to ensure all receipts are reconciled and in agreement with the Finance Department.

KEY RESPONSIBILITIES:

  • Under minimal supervision, utilizes the appropriate systems and procedures to process and post payments, reconcile payments, complete Excel spreadsheet, and run reports.
  • Cashier functions such as credit card processing and completing deposits.
  • Read and understand paper insurance remittance to the hospital/facility.
  • Ensures payments, adjustment and denial transactions are accurately posted and reconciled according to the department specifications.
  • Totals transactions on Explanation of Benefits and Electronic Remittance Advice and verifies that balances total all the respective deposits.
  • Importing of Electronic Remittance Advice from vendor into system for posting.
  • Retrieve payment information from banks.
  • Receives payments from lockbox, 835 and mail, posts payments to appropriate patient accounts.
  • Ensures manual and electronic financial transactions are posted accurately daily.
  • Posts transfer request memos and applies payment to correct patient visit and/or account number.
  • Coordinates with Patient Financial Services, remittance vendors, information systems and others as needed to resolve posting issues.
  • Resolves unidentified payments.
  • Reconciles cash daily.
  • Completes reports accurately and timely.
  • Ensures documents are prepared, batched and scanned timely.
  • Prepares documents for scanning; creates batches according to procedure.
  • Reports operational and equipment issues to management.

REQUIREMENTS:

  • Education: Associate's degree preferred
  • Experience: 1-3 years of experience with either payment posting or banking experience.  Prefer experience with reading Explanation of Benefits statements.

Hours 6 am to 2:30 pm or 7 am to 3:30 pm.  Hours may vary


What LifeBridge Health employees say

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About LifeBridge Health

Sourced by ZipRecruiter

LifeBridge Health is a $2B, 13,000 team member healthcare system that Cares Bravely for over 1 million patients annually throughout Maryland. We are comprised of 5 main healthcare centers: Sinai Hospital, Northwest Hospital, Carroll Hospital, Levindale Hebrew Geriatric Center and Hospital, and Grace Medical Center as well as several specialty and primary care locations throughout Baltimore.

Industry

Health care and social assistance

Company size

5,001 - 10,000 Employees

Headquarters location

Baltimore, MD, US

Year founded

1988

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