Lockbox Payment Processor

Fifth Third; Westmont (IL); On-site; USD 44,000 - 68,000; Full time

Benefits offered by this job

Medical, dental, vision coverage

401(k) with employer match

Flexible paid time off

Job summary

Fifth Third Bank in Westmont, IL is seeking a detail-oriented operator to run Low Speed Extraction Equipment and manually extract payments from mail envelopes. You will sort checks and invoices, prepare deposits, and ensure compliance with client specifications while maintaining production and quality standards.

The role requires careful paperwork, adherence to safety, and teamwork within a regulated banking environment.

Qualifications

• High school diploma or equivalent.
• 1 year experience in a production or Lockbox environment preferred.
• Attention to detail required.

Responsibilities

• Set up and operate Low Speed Extraction Equipment designed to cut open mail at a low speed.
• Manually extract payments from envelopes, sorting checks/invoices per client specs and workflow.
• Prepare deposits according to customer instructions and extract mail for processing.
• Meet and maintain production and quality standards as set by the department.
• Complete all assigned paperwork and report on machine productivity.

Skills

Attention to detail

1 year experience in production/Lockb

Education

High school diploma or equivalent

Job description

GENERAL FUNCTION

Performs a variety of routine operator duties on a production machine, following well-defined and established procedures. Responsible and accountable for risk by openly exchanging ideas and opinions, elevating concerns, and personally following policies and procedures as defined. Accountable for always doing the right thing for customers and colleagues, and ensures that actions and behaviors drive a positive customer experience. While operating within the Bank’s risk appetite, achieves results.

ESSENTIAL DUTIES AND RESPONSIBILITIES

• Set up and operate Low Speed Extraction Equipment that is designed to cut open mail at a low speed.
• Manually extract payments from envelopes, separating and sorting checks and invoices in order to prepare deposit in accordance with client specifications and required workflow.
• Operator will extract the mail and prepare the payments for processing according to each customer's specific instructions.
• Has gained an increased level of knowledge of multiple customers and procedures. This includes specialized processing for tax accounts, Healthcare accounts and other accounts with unique processing requirements.
• Meet and maintain production and quality standards as set by the assigned department.
• Review, sort, and audit materials as needed.
• Communicate equipment issues, as occurring, to management team.
• Complete all assigned paperwork and report on machines productivity.
• Perform routine maintenance of machinery.
• Perform general housekeeping on and around machine.
• Perform all work in accordance with established safety procedures.
• Comply with banking Regulations as they relate to customer confidentiality.
• Perform quality checks and basic troubleshooting of machinery.
• Perform any other duties as assigned.

SUPERVISORY RESPONSIBILITIES

None.

MINIMUM KNOWLEDGE, SKILLS AND ABILITIES REQUIRED

• High school diploma or equivalent.
• One (1) year experience in a production or Lockbox environment preferred.
• Attention to detail.

WORKING CONDITIONS

• Work is often physically strenuous. May be exposed to moving/vibrating objects, parts, and tools.
• May be exposed to dusty conditions, chemicals, and loud noises.
• Frequently kneels, squats, bends, and stands.
• Occasionally lifts and moves objects up to 25 lbs.
• Work frequently consists of repetitive motions.

BENEFITS

At Fifth Third Bank, we understand the importance of rewarding our employees for their hard work and dedication, therefore, our Total Rewards offering includes a differentiated compensation package and comprehensive benefits. Our benefits programs are designed to support the health, happiness, and financial well-being of our employees and their families. Your benefits will include access to comprehensive medical, dental, and vision coverage, a 401(k) plan and employee stock purchase plan that both offer a generous employer match, flexible paid time off, comprehensive leave programs, and unique benefits to support your overall mental and physical wellness.

COMPENSATION & BENEFITS SUMMARY

The base salary for this position is reflective of the range of salary levels for all roles within this pay grade across the US. Individual salaries within this range will vary based on factors such as role, relevant skillset, relevant experience, education and geographic location. In addition to the base salary, this role is eligible to participate in an incentive compensation plan, with any such payment based upon company, line of business and/or individual performance. #LI-EG1 Lockbox Payment Processor Total Base Pay Range 43,680.00 - 67,700.00 USD Annual At Fifth Third, we understand the importance of recognizing our employees for the role they play in improving the lives of our customers, communities and each other. Our Total Rewards include comprehensive benefits and differentiated compensation offerings to give each employee the opportunity to be their best every day. The base salary for this position is reflective of the range of salary levels for all roles within this pay grade across the U.S. Individual salaries within this range will vary based on factors such as role, relevant skillset, relevant experience, education and geographic location. Our extensive benefits programs are designed to support the individual needs of our employees and their families, encompassing physical, financial, emotional and social well-being.

LOCATION

Westmont, Illinois 60559

COMMITMENT TO INCLUSIVE CULTURE

Fifth Third Bank, National Association is proud to have an engaged and inclusive culture and to promote and ensure equal employment opportunity in all employment decisions regardless of race, color, gender, national origin, religion, age, disability, sexual orientation, gender identity, military status, veteran status or any other legally protected status.

ABOUT THE COMPANY

Fifth Third is a bank that’s as long on innovation as it is on history. Since 1858, we’ve been helping individuals, families, businesses and communities grow through smart financial services that improve lives. With a commitment to taking care of our customers, employees, communities and shareholders, our goal is not only to be the nation’s highest performing regional bank, but to be the bank people most value and trust.