Banking Services Operations Associate II - Lockbox Processor

M&T Bank; Bridgeport (CT); On-site; USD 29,000 - 47,000; Full time

Job summary

M&T Bank in Bridgeport, CT is seeking a Lockbox Operator to prepare and process payments for Lockbox customers, open deposits, enter batch data, and capture check images. You will adhere to documented instructions, perform keying tasks, and support accurate posting in a fast-paced environment.

Minimum requirement is a high school diploma or GED with at least 1 year of general work experience. The role emphasizes risk and regulatory compliance and contributes to timely processing in

Qualifications

• Minimum of a High School diploma or GED.
• At least 1 year of general work experience.
• Adherence to risk and regulatory standards and audit processes.

Responsibilities

• Open and prepare deposits for processing using customer specific documented instructions.
• Key deposit batch information into Lockbox application.
• Capture check and document images using high-speed imaging equipment.
• Complete data entry based on customer instructions.
• Complete check keying including dollar amounts and MICR line information.
• Process credit card transactions using merchant services application.
• Review and prepare deposits for return to customer.
• Prepare, balance and send customer data transmissions.
• Maintain internal control standards and support audit and regulatory requirements.

Education

High School diploma or GED

Job description

Schedule:

Monday through Friday 8:30AM – 5PM.

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 $21.00 - $34.54 Hourly (USD). The successful candidate’s particular combination of knowledge, skills, and experience will inform their specific compensation.

Location

Bridgeport, Connecticut, United States of America