Lockbox Processing Specialist

Eastern Bank; Medford (MA); On-site; USD 21,000 - 30,000; Full time

Job summary

Eastern Bank in Medford, MA is seeking a detail‑oriented Lockbox Processor to join our mail operations team. You will open, sort, balance remittances, and perform data entry with accuracy in a fast-paced environment.

You’ll handle checks, deposits, and batch processing, while ensuring compliance with the Bank Secrecy Act and AML regulations. This full‑time role offers opportunities for growth within our operations division and a comprehensive benefits package.

Qualifications

• Excellent manual dexterity and attention to detail.
• Ability to meet processing standards in a fast-paced environment.
• Strong data entry accuracy and speed.
• Good organizational and communication skills.

Responsibilities

• Open, sort, and balance customer remittances according to procedures and deadlines.
• Use an adding machine to balance multiple transactions and label with batch header.
• Review processable returns and complete a Return Item Notification form.
• Prepare manual deposits for payments received without a document.
• Prepare checks for data entry processing.
• Sort customer payments by specifications and prepare for processing.
• Record daily production with an Employee Production Report and submit for review.
• Sort and prepare mail for processing and distribution.
• Perform 10-key data entry for customer payments with accuracy and speed.
• Data enter detailed payment information from remittance documents per customer specs.
• Ensure compliance with Bank Secrecy Act and AML regulations.

Skills

Manual dexterity

Attention to detail

Data entry speed

Organizational skills

Communication skills

Education

High School Diploma

Tools

Adding machine

Job description

Eastern Bank in Medford, MA is seeking a detail‑oriented Lockbox Processor to join our mail operations team. You will open, sort, balance remittances, and perform data entry with accuracy in a fast-paced environment.

You’ll handle checks, deposits, and batch processing, while ensuring compliance with the Bank Secrecy Act and AML regulations. This full‑time role offers opportunities for growth within our operations division and a comprehensive benefits package.